Homechevron_rightArchiveschevron_rightBusiness and Economy

Archives

Explore Stories by Date

16 Sept 2026

DataMEDS AI Stock Soars 253% After $1.5M Helomics Acquisition Enters $40B Cancer Diagnostics Market

DataMEDS AI completed its acquisition of Helomics Corporation, an AI-driven cancer diagnostics laboratory, from Axe Compute for $1.5 million. The deal includes a CLIA/CAP-certified clinical laboratory, precision oncology CRO business, and $1.5 million in cash with zero debt, propelling NASDAQ:MEDS shares up 253% to a new 52-week high of $5.73.

4 Sources

15 Sept 2026

OpenAI targets Canada for data centres as energy costs derail UK expansion plans

OpenAI is evaluating data center partnerships in Canada, drawn by available energy and land resources. The move follows the company's decision to pause its British Stargate project in April due to high energy costs and regulatory uncertainty, highlighting how infrastructure challenges are reshaping AI development strategies.

2 Sources

Cloudastructure Partners with SAGE Integration to Scale AI Surveillance Across 62 US Markets

Cloudastructure, Inc. (NASDAQ:CSAI) has entered a nationwide distribution and reseller agreement with SAGE Integration Holdings, LLC, expanding access to AI surveillance and remote guarding solutions across Fortune 100 and enterprise accounts. The partnership leverages SAGE's network spanning 62 US metropolitan areas and 20 countries while supporting Cloudastructure's shift toward subscription-based revenue, which grew 164% year-over-year in Q2 2026.

2 Sources

Bank of America Predicts AI Regulation Will Boost Nokia and STMicroelectronics as Spending Shifts

Bank of America strategists argue that tighter AI regulation will redirect spending from frontier AI models toward inference, monitoring, and control infrastructure. Nokia and STMicroelectronics are positioned as potential European winners, with Nokia's high-speed switches and optical transport solutions gaining traction as regulated AI agents require distributed infrastructure.

2 Sources

UBS Raises Palantir Technologies Price Target to $250, Calls It Best AI Enabler in Market

UBS analyst Karl Keirstead raised Palantir Technologies stock price target to $250 from $220, implying 44% upside, after attending the company's AIPCon event. The investment bank tagged Palantir as the best AI enabler in the market, citing robust demand momentum and growing enterprise adoption of its AI platform across government and commercial sectors.

4 Sources

Vertical Data Lands $381 Million in AI Infrastructure Deals With NVIDIA GPU Deployments

Vertical Data announced two major AI infrastructure agreements totaling approximately $381 million. The company secured a $192 million commitment for a dedicated NVIDIA B300 Blackwell Ultra GPU cluster in Western Europe and arranged a $189 million deployment using NVIDIA GB300 NVL72 infrastructure in Canada for a global cloud provider.

3 Sources

Oppenheimer Upgrades Etsy Stock to Outperform, Sets $90 Target on AI Search Benefits

Oppenheimer upgraded Etsy's stock from perform to outperform, establishing a $90 price target based on AI search adoption and improved app engagement. The investment firm forecasts 5% gross merchandise sales growth over the next two years, even as consumers shift away from Google Search toward AI-powered shopping tools.

2 Sources

Meta One Subscriptions Go Global: $8-$499 Plans Bundle AI Access Across Facebook, Instagram, WhatsApp

Meta launched Meta One subscription bundles worldwide, offering tiered plans from $7.99 to $499 monthly that combine Instagram Plus, Facebook Plus, and WhatsApp Plus with expanded Meta AI usage. The company reports 15 million subscriptions and trials while emphasizing core apps remain free.

19 Sources

AI Adoption Fails When Businesses Skip the Critical Step of Workflow Redesign

Companies rush to deploy AI copilots and automation tools, yet most struggle to achieve transformational ROI. Industry leaders reveal why strategic AI implementation demands redesigning work processes first—not simply layering intelligence onto broken workflows. The gap between AI experimentation and enterprise-wide results highlights a fundamental misunderstanding about what drives competitive edge.

12 Sources

Broadcom CEO Stands Firm on $230B AI Revenue Targets Despite Anthropic's Slowdown Push

Broadcom CEO Hock Tan doubled down on the chipmaker's ambitious AI revenue targets after Anthropic CEO Dario Amodei called for moderating AI development pace. Despite a 4.8% stock drop and market concerns, Tan insists demand for AI compute infrastructure remains strong and durable, projecting $230 billion in AI semiconductor revenue by fiscal 2028.

3 Sources

Oracle Cuts Thousands of Jobs While Pouring $95 Billion Into AI Infrastructure

Oracle has begun another round of workforce reductions, potentially affecting up to 8,000 employees, as the company redirects resources toward AI infrastructure investments. Despite cutting 21,000 jobs last fiscal year, Oracle projects $90-95 billion in capital expenditures for AI data centers while accumulating $125 billion in debt.

4 Sources

AI Safety Warnings Trigger 14% Rally in CrowdStrike and Palo Alto Networks as Investors Pivot

Cybersecurity stocks CrowdStrike and Palo Alto Networks surged 14% and 13% respectively after Anthropic CEO Dario Amodei and OpenAI's Sam Altman called for slowing AI development. The rally marks a sharp divergence in the AI investment trade, with investors betting on companies that protect against autonomous agents rather than those building AI infrastructure.

10 Sources

14 Sept 2026

SentinelOne Stock Surges 14% as AI Safety Concerns Fuel Cybersecurity Demand

SentinelOne stock surged nearly 14% to $22.62 as fresh analyst endorsements and growing AI safety concerns drove demand for AI-native security platforms. The rally came despite broader tech weakness, with 18 of 29 analysts now rating the stock a Buy. Strong financials and expanded AI capabilities position the company as a key beneficiary of the industry's shift toward controlled AI integration.

2 Sources

Nvidia RTX 5090 Disappears From Shelves as AI Demand Pushes Prices Beyond $9,500

Nvidia's RTX 5090 has vanished from major US retailers in under two weeks, with third-party sellers now charging $6,500 to $9,500—more than triple its $1,999 launch price. Photos show pallets of consumer RTX 5090 cards being deployed in AI server builds, highlighting how AI demand has transformed Nvidia's flagship GPU from a gaming card into an AI workhorse.

5 Sources

Hyperscale Data Sets $750 Million Valuation Threshold for Michigan AI Data Center Sale

Hyperscale Data has invested over $70 million in its Michigan AI data center and established a $750 million minimum sale price. The facility, operated by Alliance Cloud Services, secured a master services agreement with a California-based neocloud provider that could generate up to $3 billion in revenue over 20 years if fully exercised.

3 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳