Ravi Gupta, a partner at Sequoia Capital, and John Hegeman, former chief revenue officer at Meta, are raising at least $1 billion for their new venture called Ithaca Holdings, a Berkshire ...
OpenAI and Anthropic have raised tens of billions of dollars on the promise of artificial intelligence that can make new discoveries in fields like medicine, biology and physics. And yet,we’re nowhere ...
Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft’s ...
A judge ordered Perplexity to temporarily stop accessing Amazon’s website, a victory in the e-commerce giant’s lawsuit against the AI search startup. Amazon sued Perplexity in November, arguing ...
Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made ...
Meta Platforms hired the creators of Moltbook , a social network designed for AI agents, Matt Schlicht and Ben Parr, who will join its AI division, Meta Superintelligence Labs (MSL), the company said.
Meta Platforms’ oversight board criticized the company’s handling of AI-generated content, saying it was “neither robust nor comprehensive enough”. The independent body, which reviews Meta’s content ...
It’s a good thing SpaceX is thinking of June for its upcoming IPO. There has to be a decent chance the current Iran war has ...
Salesforce plans to sell between $20 billion and $25 billion in bonds as soon as this week, to help fund its recently-announced $50 billion stock buyback, Bloomberg reported . The bond offering, ...
Former Meta Platforms chief AI scientist Yann LeCun has raised more than $1 billion for his new AI startup, Advanced Machine Intelligence Labs, from investors that included Nvidia, Greycroft, former ...
Amazon began a corporate bond sale aimed at raising as much as $42 billion, Bloomberg reported, the latest sign of how tech giants are borrowing money to fund their AI expansion. Amazon had filed ...
OpenAI is likely at least six months away from going public, and possibly longer. But as the company takes steps toward an ...