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OpenAI said it has no active plans to use Google's in-house chip to power its products, two days after Reuters and other news outlets reported on the AI lab's move to turn to its competitor's artificial intelligence chips to meet growing demand.

Michael Moritz co-founded The San Francisco Standard, a local news organization. It is acquiring Charter, a start-up focused on the future of work.

AI stocks have been on a ferocious rally in June. NVIDIA (Nasdaq: NVDA) is up 13% in the past month and currently sits at an all-time high, trading for $157.75 per share. In the segment below, 24/7 Wall St. Analyst Eric Bleeker discusses the big news that’s been driving AI stocks north. Recent news from Oracle (Nasdaq: ORCL) and OpenAI partnering with Google are all bullish and point toward continuing rabid demand in the AI space. Key Points OpenAI’s growing compute needs have led it to form new partnerships beyond Microsoft (NASDAQ: MSFT), including with Google (NASDAQ: GOOGL), signaling unexpectedly strong infrastructure demand. Oracle (NYSE: ORCL) reported a surge in AI-related revenues, with infrastructure growth forecasted to accelerate from 50% to 70% and backlog (RPO) expected to double, reinforcing signs of industry-wide AI momentum. Despite earlier fears of a pullback in AI spending post-Deep Seek, high model usage retention and ongoing training needs suggest accel

Recent AI news has been very bullish for stocks in the space. Yet, one company seems to be winning the most from recent announcements. Broadcom (Nasdaq: AVGO) has seen its business designing custom AI processors boom. Its largest customer to date is Google, and news recently broke that the company is working with OpenAI to move AI workloads over to its TPU chips that are designed by Broadcom. Broadcom’s next major opportunity will be Meta, which is plans to aggressively ramp chips designed by Broadcom in the coming 18 months. With Mark Zuckerberg increasingly pushing all-in on hiring AI talent, the revenue upside Broadcom could see from its Meta partnership continues to rise. In the segment below, 24/7 Wall St. Analyst Eric Bleeker breaks down why recent news has been very bullish for Broadcom’s future stock prospects. Key Points Broadcom (NASDAQ: AVGO) reported 46% AI revenue growth last quarter and guided for 60% growth in 2025, with further acceleration expected in the s

It's halftime for 2025, but investing isn't a game that is won or lost in a single year. You need patience and vision for the best market strategies to play out.

Alphabet (GOOG -0.70%) (GOOGL -1.24%) stock is acting a bit erratic Monday morning, first rising nearly 2% in early trading, and then giving up all its gains and falling into the red. As of 11:05 a.m.

Technology is the least monopolized sector within the U.S. economy. Skeptical?

The tax would have cost companies like Meta, Google, and Amazon billions of dollars.

West Wits Mining Ltd (ASX:WWI, OTCQB:WMWWF) will bank ZAR 875 million (approximately US$50M, AU$76.5M) after signing definitive agreements for a senior syndicated loan facility to fund the Qala Shallows Gold Project in South Africa. This is a significant step in the development of the first phase of the Witwatersrand Basin Project and coincides with the delivery of a 7.5-tonne underground Load-Haul-Dump (LHD) unit to the Qala Shallows site, marking the start of on-the-ground mine development works. The development is expected to generate over 1,000 direct jobs and serve as a catalyst for regional development over the mine’s 18-year life. “The signing of the legal agreements marks a transformative moment for West Wits. Securing this facility is the result of years of focused effort and a strong endorsement of the Qala Shallows Project by top tier South African financial institutions,” West Wits CEO Rudi Deysel said. “Seeing our first LHD unit arrive on site is incredibly excitin

Google announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology. The tech giant will buy 200 megawatts of clean fusion power from what CFS describes as the world's first grid-scale fusion power plant.