The Justice Department and the FTC have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the AI industry.
Read More US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on cloud-computing market leader Amazon.com.
Read More Microsoft’s AI lead puts Amazon cloud dominance on watch
The move is the latest in a race to create machines that promise speeds far faster than conventional silicon-based computers.
Read More Microsoft, Quantinuum claim breakthrough in quantum computing
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others.
Read More Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources
The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers.
Read More Big investors say US markets rally could prove short-lived