News

Anthropic is in early talks with investors including MGX to raise around $3 billion at a $150 billion valuation, The Financial Times reported Friday. A fundraising at that price would be even steeper ...
Tesla isn’t making Optimus humanoid robots fast enough to meet CEO Elon Musk’s goal of 5,000 by the end of this year, The Information reported on Friday. Inside Tesla, one hurdle to scaling up ...
Meta Platforms has named Shengjia Zhao as the chief scientist of Meta Superintelligence Labs, its new artificial intelligence organization, CEO Mark Zuckerberg said in a post on Threads on Friday.
Meta Platforms in October will stop political and social issues-related advertising in the European Union, the company said in a blog post on Friday. The social media giant said the move was in ...
Walmart has hired Instacart chief product officer and head of its online grocery business Daniel Danker to work on AI-related initiatives and lead product management and design at the retail giant, ...
Crusoe, the startup behind the first data center for OpenAI’s $500 billion Stargate project, is seeking around $1 billion in new equity, The Information reported Wednesday . The firm is both a real ...
Incident management software maker PagerDuty is exploring a potential sale, according to a Reuters report on Friday. The company’s shares soared more than 10% on the news. The firm is working with ...
The Federal Communications Commission approved David Ellison’s purchase, through his company Skydance, of Paramount Global, moving the $8 billion deal a step closer to completion. Ellison had to ...
Oura CEO Tom Hale said that the health-tracking company crossed more than $500 million in annual revenue last year, and grew at more than 120 percent. “I think the smart ring category is really on ...
Microsoft CEO Satya Nadella addressed recent layoffs of roughly 9,000 employees in an email to staff on Thursday, saying the cuts were necessary even though the company is “thriving.” “This is the ...
ServiceNow shares rose more than 7% after its second-quarter earnings, in which the company surpassed its revenue forecast by around $80 million and said deals that include its AI tools are getting ...
Benchmark general partner Victor Lazarte is leaving the blue-chip venture firm and is in the process of starting his own fund to back early-stage AI startups, according to two people with knowledge of ...