Core Scientific Upgraded to Outperform, $30 Target
Citizens analyst Greg Miller upgrades Core Scientific to Outperform, citing strong growth, HPC demand, and strategic focus after CoreWeave deal setback.
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FTC Investigates Instacart Over AI Pricing Practices
The FTC is investigating Instacart's AI-powered pricing tool after studies showed different shoppers received different prices for identical groceries at the same stores.
Micron Crushes Expectations with Record AI-Driven Quarter
Micron Technology delivers stunning Q1 results and forecasts Q2 revenue of $18.7B, far exceeding $14.2B estimates, driven by booming AI chip demand and supply shortages.
Oracle's $10B Data Center Deal Collapses as Partner Blue Owl Backs Out
Blue Owl Capital withdraws from Oracle's $10B Michigan data center project amid concerns over rising debt and AI spending. Blackstone in talks to replace funding partner.
Coursera and Udemy Join Forces in $2.5 Billion Merger
Coursera and Udemy announce merger to create leading online learning platform. Combined company valued at $2.5B, set to close by H2 2026.
OpenAI and Amazon in Talks for $10 Billion AI Chip Deal
OpenAI is negotiating a $10 billion investment from Amazon to adopt Trainium chips, potentially valuing the AI company above $500 billion in a deal reshaping the AI hardware landscape.