Electronic design-automation providers stand to gain $6 billion through 2030, Bloomberg Intelligence's AI scenario analysis shows, with AI-enabled tools like Synopsys' DSO.ai and Cadence's Cerebrus seeing performance gains among its customers.

Growing use of generative AI to help with product design can help shorten the window from conception to production, reducing long lead times that often produce inventory imbalances and missteps.

Bloomberg Tax and Accounting announced a new strategic partner program with major tax prep software providers in order to expand the set of available tools for users.

Tech giants are set to spend a staggering $200 billion on AI-related capital expenditures this year, according to Bloomberg's calculations, marking an all-time high for these

Nvidia Corp. became the largest company in the world on Tuesday, surpassing Apple Inc. and underscoring just how dominant artificial intelligence has become on Wall Street.

Alphabet Inc.’s Google plans to preview artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping, the Information reported.

AI is already creating a surge in reliable power demand. It is a demand that nuclear and natural gas are competing to fill.

Palantir Technologies Inc. reported quarterly revenue that beat analysts’ estimates and raised its forecast for operating income in the current period, citing high demand in the US for its artificial intelligence software.

Super Micro, a once-promising AI hardware firm, risks delisting from the Nasdaq and S&P 500 due to auditing issues, Bloomberg reports. Known for

Nvidia on Tuesday exceeded Apple’s market capitalization to become the world’s largest company, on the strength of a global AI push. Nvidia was valued at $3.43 trillion at the close of market, topping Apple’s $3.

In the latest sign of how Wall Street is playing the AI trend, financial heavyweights Stanley Druckenmiller, Greg Coffey and Thomas Peterffy are among those participating in a $30 million funding round for Reflexivity,

Apple will reportedly drop another batch of Apple Intelligence features during the first week of December. AI emojis, ChatGPT, and more are expected.