Relay, an AI-powered workflow automation tool launched in 2021, is shutting down, with paid access ending September 14 and free access already closed. Founder and CEO Jacob Bank, who previously worked at Google, is joining Google's Chrome team as VP of Product to lead AI and developer relations efforts. Bank aims to bring AI productivity tools to Chrome users, building on Google's ongoing AI integrations like Gemini. This move signals Google's continued push to embed AI deeply into its products and user experience.
Technology stocks recently declined due to concerns over how data center expansions are financed, rather than fundamental weaknesses. Taiwan Semiconductor reported a strong 41.2% year-over-year revenue growth driven by high demand for AI chips, with ...
Marvell Technology's stock rose 6% after an analyst from GF Securities said a delay in Google's next AI chip won't harm Marvell's long-term role in Google's chip supply chain. Marvell, which supplies custom AI chips and networking products to data ce...
Amazon's stock rose 5% after Morgan Stanley upgraded it to a top pick and raised its price target to $350, citing faster growth in Amazon Web Services (AWS) and new AI-related opportunities. Morgan Stanley now expects AWS revenue to grow 47% in 2027 ...
Marvell Technology's stock fell 17% last week following a 169% gain this year, despite strong fundamentals driven by AI networking demand. The company supplies key components enabling AI chip communication and expects data center revenue to grow 75% ...
Massive investments exceeding $10 trillion in AI infrastructure are transforming markets, offering significant opportunities and systemic risks. Investors may find outsized returns in semiconductor, memory, storage, and networking suppliers over the ...
