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Exclusive-Alibaba plans to charge big users of its next open-source AI model, sources say
Reuters11d agoneutral
Exclusive-Alibaba plans to charge big users of its next open-source AI model, sources say

Chinese technology giant Alibaba plans to ask major users of the next version of its Qwen open-source AI model for a share of revenue they make from the hotly anticipated offering, according to two people familiar with the company's plans. Like last ‌month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that ‌allow developers to run or adapt the system are available for download. Open source is often thought of as free, but tucked into ​the licensing terms of Moonshot's Kimi K3 was a provision that requires anyone offering the model for sale as a service and generating more than $20 million in annual sales to work out a commercial agreement with Moonshot.

Jamie Dimon makes huge call on AI and U.S. economy
TheStreet11d agoneutral
Jamie Dimon makes huge call on AI and U.S. economy

AI CapEx fatigue continues to sour investors as hyperscalers shell out billions on data centers, chips, and power infrastructure without a clear timetable for returns. Wall Street’s been bracing for evidence of the spending boom being a drag on margins, free cash flows, and earnings. Some of the ...

Cleanspark Q3 Earnings Call Highlights
MarketBeat11d agoneutral
Cleanspark Q3 Earnings Call Highlights

Cleanspark (NASDAQ:CLSK) reported fiscal third-quarter revenue of $138 million, up 1% from the preceding quarter, while outlining plans to expand from Bitcoin mining into digital infrastructure through a long-term data center lease in Georgia. Chief Executive Officer Matthew Schultz said the compan

Century Aluminum Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Century Aluminum Q2 Earnings Call Highlights

Century Aluminum (NASDAQ:CENX) reported higher second-quarter shipments, sales and adjusted EBITDA as it expanded output at its Mount Holly plant and advanced the restart of a potline at its Grundartangi facility in Iceland. The company said second-quarter shipments rose 6% from the prior quarter t

Maplebear Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Maplebear Q2 Earnings Call Highlights

Maplebear (NASDAQ:CART), which operates Instacart, reported second-quarter 2026 growth in gross transaction value, revenue and adjusted EBITDA, as the grocery technology company pointed to momentum in its marketplace, enterprise offerings and advertising business. Gross transaction value, or GTV, r

Meta ordered to pay $567 million in New Mexico for teen mental health fund
Reuters11d agoneutral
Meta ordered to pay $567 million in New Mexico for teen mental health fund

A New Mexico state court ordered Meta on Thursday to pay $567 million ‌and change how its platforms function for young users in the state ‌after finding the company is to blame for harming children's mental health. Judge Bryan Biedscheid in Santa Fe ​ruled the company had created a public nuisance in New Mexico, siding with the state's Attorney General Raúl Torrez, a Democrat. Torrez had accused the social media company of designing its products to addict young users and failing to protect children from ‌sexual exploitation on its platforms.

Meme coin surges 77% on Robinhood listing
TheStreet11d agobullish
Meme coin surges 77% on Robinhood listing

Robinhood Markets (Nasdaq: HOOD) could very well be known as Cash Cat until the e-brokerage firm decided to call itself Robinhood. This is a fact that the firm's founder and CEO Vlad Tenev himself confirmed in an X post in April 2021. Recently, a meme coin called CASHCAT, recalling the lore around ...

Brookfield (TSX:BN) Completed The Oaktree Acquisition
Simply Wall St.11d agoneutral
Brookfield (TSX:BN) Completed The Oaktree Acquisition

Brookfield (TSX:BN) has completed its acquisition of Oaktree, expanding its global credit management platform. The company has entered a multi billion dollar joint venture with Blackstone and KKR for Kuwait’s entire pipeline network. Brookfield has formed a partnership with NAVER and NVIDIA to build one of the world’s largest AI focused data center infrastructure platforms. Consider expanding your watchlist to other companies shaping AI infrastructure and related assets through 56 AI...