Salesforce Inc. reported quarterly revenue that topped analysts’ estimates, boosting investor hopes that the company’s much-hyped strategy for artificial intelligence products will lift financial results.

Dell, HPE and Lenovo aim for a bigger slice of an AI-server market set to grow 55% in 2025, reaching $252 billion. While hyperscale cloud providers may account for the majority of this growth, tier-2 providers such as Tesla and Coreweave are also playing a significant role.

High-bandwidth memory chips can offer enhanced performance with each new generation. According to a Bloomberg Intelligence analysis, many AI customers prioritize high speed over low cost in high bandwidth memory chips due to the importance of time to market.

Revenue will be $9.9 billion to $10.1 billion in the current quarter ending in January, in line with analysts’ estimates. Current remaining performance obligation, a measure of booked sales, will expand about 9%, compared with a 9.2% increase expected by analysts.

The event was hosted by Bloomberg for their team but invites were graciously extended to other industry professionals by special registration.

Bloomberg today announced that PORT Enterprise clients can access their portfolio analytics data in Snowflake utilizing the existing integration between its data management solution, Data License Plus (DL+),

Uber is using gig workers to get into the AI labeling business, Bloomberg reports. It’s a sign that the ridehail and delivery company is interested in expanding its independent contractor-powered business model to meet the demands of the fast-growing world of machine learning and large-language models.

(Bloomberg) -- Anthropic Chief Executive Officer Dario Amodei ... about how we do it,” Amodei said in response to a question on the topic Wednesday at an AI safety summit in San Francisco hosted by the US Departments of Commerce and State.

Optimism about Baidu Inc.’s US-listed shares is waning ahead of the company’s third-quarter results, as traders debate whether the search engine’s artificial intelligence efforts will pay off.

Marvell Technology Inc. jumped in late trading after the chipmaker delivered better-than-expected results and an upbeat earnings forecast, citing demand for artificial intelligence computing. Most Read from BloombergAs Wars Rage,

Salesforce Inc.’s big push into artificial intelligence has helped drive shares to a record high. Now, Wall Street wants proof that the heavy spending is going to pay off.Most Read from BloombergAs Wars Rage,

Intel is in the midst of a shake-up that will see its next leaders take on the challenges of catching up in the AI race and navigating Donald Trump.