Latest AI News

CoreWeave exceeded revenue expectations due to strong AI cloud infrastructure demand, but posted a wider-than-anticipated net loss, causing shares to drop. Investors were concerned about profitability despite solid growth, as the company invests heavily in data centers and GPU capacity. Management cited increased depreciation and operational costs from rapid expansion, while maintaining a positive growth outlook based on committed customer contracts.

CoreWeave exceeded Q2 2025 revenue expectations with $1.21B despite posting a net loss of $290.5M. Strong AI infrastructure demand from enterprises and AI labs drove growth, while profitability remains challenged by financing costs and rapid expansion. Analysts maintain a cautious stance as the company balances AI-driven growth against its path to profitability.

AI startup Perplexity made a non-binding $34.5 billion offer to acquire Google's Chrome browser, amid antitrust pressures on Google. This strategic move comes after a DOJ ruling that Google monopolized search. Perplexity promises billions in investment and continued service if acquired, though Google hasn't indicated willingness to sell without a court order. Other tech companies may also bid if Chrome is put up for sale.

India's Apollo Hospitals plans to double AI investments after exceeding Q1 FY2026 profit estimates. The company is implementing AI across clinical and operational workflows, including voice recognition, clinical documentation, decision support, and automation. Apollo's strategy emphasizes technology over physical expansion to address India's healthcare gaps. Strong hospital performance, digital health momentum, and efficiency gains from AI implementation contributed to the profit beat. Management believes this AI-first approach will improve care delivery, clinician productivity, and financial performance.