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Artificial Intelligence

Cerebras Systems Shares Plunge After First Post‑IPO Earnings Despite $20B OpenAI Deal

Cerebras Systems posted its initial earnings since going public, delivering results that fell short of market expectations. The company highlighted progress in its AI processor roadmap but did not disclose specific financial metrics. Investors responded with a pronounced sell‑off, indicating skepticism about the firm's …

Nitish Kishor | 24 June 2026

Taiwan Semiconductor Manufacturing (NYSE: TSM) Leverages AI Surge to Expand High‑Performance Wafer Revenue

AI workloads are reshaping semiconductor demand, and Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) has captured a sizable share. High‑performance computing now contributes 61% of the firm’s revenue, underscoring the structural nature of AI orders. This shift is driving both top‑line growth and higher gross …

Nitish Kishor | 24 June 2026

Veeva Systems (NYSE: VEEV) Advances AI Strategy, Strengthening Cloud Offerings for Life Sciences

Veeva Systems has begun to embed advanced artificial intelligence models directly into its cloud infrastructure for life‑science customers. The rollout focuses on generative AI that can assist with regulatory documents, experimental designs, and data interpretation, positioning Veeva as a pioneer among cloud providers serving …

Nitish Kishor | 24 June 2026

AI Adoption Slashes Swiss Junior Job Ads by One-Third as Senior Hiring Gains Momentum

The Swiss labour market is experiencing a noticeable contraction of entry‑level opportunities as firms embed artificial intelligence into core processes. The study shows a 32% reduction in advertised junior roles for 2025 relative to the 2019‑2022 benchmark, signaling employers’ shift toward automation‑driven productivity. This …

Nitish Kishor | 24 June 2026

Cerebras Systems posts strong Q1 2026 earnings yet shares dip in after‑hours trade

Cerebras Systems released its inaugural quarterly earnings for 2026, showing a rise in revenue and earnings that surpassed market forecasts. The firm emphasized that its AI‑focused product line continues to attract enterprise customers seeking high‑performance compute.

Nitish Kishor | 24 June 2026

MyseumAI (NASDAQ:MYSE) Rises 16.02% as AI rebrand fuels low-float speculative buying in Tuesday trading

MyseumAI (NASDAQ:MYSE) rose 16.02% on June 23, 2026, closing at $2.68 after a $0.37 per-share move. The session’s advance came as an AI rebrand fueled low-float speculative buying, based on the available company disclosures and trading context.

Nitish Kishor | 24 June 2026

AI Data Centre Spending Debate Intensifies on June 23 as Debt-Funded Capex Model Faces Scrutiny

The sustainability of debt-funded artificial intelligence data centre capital spending came under renewed investor scrutiny on June 23, 2026, as the combination of Alphabet's research leadership departures, rising Fed rates, and Korean memory contagion exposed the leverage embedded in the AI infrastructure trade.Key HighlightsInvestors …

Nitish Kishor | 24 June 2026

AIOS Tech (NASDAQ:AIOS) Rises 22.30% as post-split momentum powers a low-float AI rally

AIOS Tech (NASDAQ:AIOS) rose 22.30% on June 23, 2026, closing at $14.26 after a $2.60 per-share move. The session’s advance came as post-split momentum powered a low-float AI rally, based on the available company disclosures and trading context.

Nitish Kishor | 24 June 2026

Alphabet (NASDAQ: GOOGL) Big Tech AI Divide Favors Established Firms Over Newcomers in Long-Term Play

The tech sector has seen the emergence of different AI strategies among Big Tech firms. Some firms, like Alphabet and Microsoft, are focusing on developing their own AI models and infrastructure. Others are investing in external startups to accelerate innovation.

Nitish Kishor | 23 June 2026

Global body urges AI developers to reveal data-center energy use and climate effects

A senior official from a major global organization recently addressed the international community, urging AI firms to disclose the environmental impact of their data-center operations. The statement emphasized that unchecked energy consumption could conflict with global sustainability objectives and called for standardized reporting practices. …

Nitish Kishor | 23 June 2026
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