Tired of trailing OpenAI, Chief Executive Sundar Pichai wants his Gemini chatbot to be used by 500 million people.

The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.

Google's CEO Sundar Pichai is confident that the company's Gemini AI technology is the best in the market. His next goal is to convince consumers to use it. Pichai has expressed his intention to have the chatbot,

Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's moneymaking prospects.

While the long-term outlook for AI remains encouraging and this technology has real-world applications in most industries around the globe, Nvidia's chances of becoming Wall Street's first $5 trillion company are likely going to be thwarted by history.

Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the evolution of a program that will eventually take on the traits of a seasoned Goldman employee,

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

Key takeaways from Netflix's fourth-quarter earnings as stock surges. Space stocks soar on upbeat sentiment, Trump sets sights on Mars. Google to invest another $1B in Anthropic.

Quantum computing has been a popular topic on Wall Street in recent weeks due to updates from several companies. In December, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) reached an important technical milestone with its Willow chips.

The Oracle of Omaha's secret portfolio contains 120 securities -- one of which is a historically cheap AI stock.

The Magnificent Seven stocks had an outsized influence on the broader market in 2024, with investors piling into these high-flying artificial intelligence-influenced stocks. Their influence has swelled and these seven stocks now represent about one-third of the overall value of the broader benchmark S&P 500.

Google's Q4 2024 revenue will likely benefit from AI innovations, 30%+ Google Cloud growth, and over $50B in YouTube subscription revenue over the last 12 months. Read more here.