After IBM's stock crashed last week on warnings of a poor mainframe sales, the CEO explained that AI wrecked corporate ...
Google's cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to ...
Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic's Fable model to develop Kimi K3.
Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to ...
A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the ...
SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down.
OpenAI made a mistake setting up what it called a “highly isolated” testing environment and sandbox. According to ...
Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize ...
"The thing that the space needs is a company making $100 million a year of revenue," Science Corp. CEO Max Hodak said.
Yope, a fast-growing social app focused on private groups of friends and family, has raised $12.3 million in seed funding. Instead of chasing creators and algorithmic feeds, the startup is betting ...
Anthropic leaped to a $47 billion revenue run rate by May, compared to $9 billion in 2025. It’s the kind of growth that Menlo Ventures’ Matt Murphy says he’s never seen in 25 years of investing, not ...
The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" ...