Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter ...

Annualized revenue at “AI native” companies selling artificial intelligence models or apps has passed $15 billion just two ...

Snap, the parent company of Snapchat, announced on Tuesday that it would introduce a new generation of augmented reality glasses for sale to the public in 2026. The glasses, called Specs, will display ...

OpenAI is planning to rent artificial intelligence chip servers from Google’s cloud computing unit, Reuters reported on Tuesday. The move isn’t completely unexpected, given that OpenAI has been ...

French bank Societe Generale said it plans to launch a stablecoin that will be available on crypto exchanges and payment platforms, making it the first major bank globally to offer a dollar-pegged ...

Apple appears to have learned its lesson about overpromising on artificial intelligence. Last year, at its Worldwide ...

Elon Musk may have parted ways with Washington and President Donald Trump, but employees from Musk’s Department of Government Efficiency are moving forward with a plan to restructure the Securities ...

Jeff Bezos’ rocket company Blue Origin delayed the second launch of its premier rocket New Glenn from late spring to August 15, showing the difficulty in building an alternative to Elon Musk’s SpaceX ...

Before we get to today’s column, here’s something to noodle on.On Friday, word spread widely across the industry that an ...

Walt Disney Co. will pay $438.7 million more to Comcast to complete its purchase of the Hulu streaming service, the company said in a regulatory filing on Monday. In November 2023, Comcast exercised ...

MiniMax, a major Chinese artificial intelligence developer that was most recently valued at about $3 billion, plans to unveil a new open-source AI reasoning model as early as this week, according to a ...

Paramount Global’s finance chief Naveen Chopra is departing the company, the company announced on Monday. He will be replaced on an interim basis by Andrew Warren, currently a strategic advisor to the ...