Applied Digital Corporation

CoreWeave, Inc.

NVIDIA Corporation

Applied Digital, which builds data centers, soared 48% at the close of trading yesterday, June 2, and added about another 8% in premarket trading today, as of this writing. The company announced a major $7 billion deal with cloud-computing startup CoreWeave. It is a key partner of global AI chip market leader Nvidia, which owns shares in both companies.&nbsp;

Applied Digital soars on data center deal with key Nvidia partner CoreWeave

Meta Platforms, Inc.

Advertisers will only need to upload a product image and specify a budget, and AI will do the rest for marketers


Meta wants to automate advertising with AI. What do investors need to know?


The company, which is trying to compete with OpenAI, also plans to borrow $5 billion and may be launching a new round of investment

Musk's AI startup prepares $300 million deal to confirm $113 billion valuation


Navitas Semiconductor Corporation

Quotes on chipmaker Navitas Semiconductor have gained 9% in premarket trading today, May 28, following a 47% surge yesterday, despite the announcement of a new share offering. The stock had been rising rapidly after the company revealed a collaboration with Nvidia, though analysts warn it may retreat in the coming months.

New Nvidia partner Navitas Semiconductor jumps 47% despite stock offering


Innodata Inc.

Shares of small cap Innodata, which develops LLMs for training other companies’ AI, <a href="https://www.marketwatch.com/investing/stock/inod/analystestimates?mod=mw_quote_tab">surged</a> more than 6% yesterday, March 19, after the company <a href="https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/innodata-unveils-generative-ai-test-and-evaluation-platform-built-1001618">announced</a> a new platform, which runs on Nvidia technology, for testing and evaluating generative AI models. Analysts see that as a promising area.

Innodata announces new AI platform using Nvidia technology; stock jumps


The Academy Awards will be held in Los Angeles on Sunday, March 2. This year, <a href="https://www.oscars.org/oscars/ceremonies/2025">of the 10 films</a> nominated in the Best Picture category, the creators of at least four said they used artificial intelligence in their work on them.

'Created using human intelligence': how Hollywood is embracing AI 

Applied Digital, a builder of data centers, whose shares are held by AI chip market leader Nvidia, has reached an agreement for Australia-based Macquarie to invest up to $5 billion in Applied Digital’s AI data center projects. Following the news, Applied Digital stock <a href="https://www.marketwatch.com/investing/stock/apld/analystestimates?mod=mw_quote_tab&amp;utm_source=in_materials">surged</a> almost 10% before giving back around 6% in premarket trading the next day.

Nvidia-backed data center builder Applied Digital to raise up to $5 billion; shares rise

Quotes on Gryphon Digital Mining, which brands itself as a carbon-neutral bitcoin miner, climbed about 2% in premarket trading today, Monday, January 13, following a nearly 20% surge ahead of the weekend. These gains came after the company <a href="https://ir.gryphondigitalmining.com/news-events/press-releases/detail/41/gryphon-digital-mining-signs-definitive-agreement-for-hpcai-asset-scalable-to-4gw-of-green-energy-through-natural-gas-and-carbon-sequestration?utm_source=in_materials">announced</a> an agreement to purchase an energy site in Canada, which Gryphon believes will help the company to expand into AI and high-performance computing data center infrastructure. Gryphon expects the newly acquired asset to generate over $5 billion in annual revenue at full capacity.

Gryphon, bitcoin miner with AI focus, gains on acquisition of energy asset

Wedbush has initiated coverage of the "under-the-radar AI name" Innodata, rating it a "buy" with a target price 40% above the current market price. This gave a boost to Innodata stock, which jumped 16% before dropping almost 5% in premarket trading today, Friday, December 20.

Wedbush expects ‘under-the-radar AI name’ Innodata to surge 40% in 2025

Freedom Broker analysts have highlighted three small-cap stocks to watch as the so-called Santa Claus rally approaches. This is the <a href="https://get.investors.com/infographics/santa-claus-rally/?utm_source=in_materials">traditional rise</a> in stock prices before Christmas and into the early days of January. Among the highlighted companies is Perfect Corp., which is making AI solutions for the fashion and beauty sector.

Freedom Broker spotlights three small caps ahead of Santa Claus rally 

Quotes on Innodata, a provider of IT services and enterprise software, surged more than 35% in premarket trading today, Friday, November 8. For the third quarter, the company comfortably doubled its top line year over year, while net income came in 43 times the amount in the previous-year period. Innodata also announced that it had secured new Big Tech clients and raised its 2024 revenue guidance, now expecting around 90% year-over-year growth.

Innodata jumps over 30% on strong financials and Big Tech client news

Shares of three nuclear energy companies soared on Wednesday, October 16, following Amazon’s announcement of investments to build new nuclear reactors. The retail and tech giant thus joined Microsoft and Alphabet in turning to nuclear to meet its growing power needs, driven by cloud services and AI.

Artificial intelligence (AI)