Two venture capital firms bucked the industry’s year-long slump to raise multibillion dollar funds. Lightspeed Venture Partners on Monday announced it had raised more than $9 billion, including a $3.3 ...
Elon Musk’s xAI wants companies around the world to buy its Grok AI models as it tries to build a moneymaking business. To ...
Talk about a jittery market. Shares of ServiceNow dropped 11.5% on Monday after a weekend report that the enterprise software ...
Ford on Monday will halt production of its electric F-150 Lightning pickup after poor sales of the vehicle, and will ...
Welcome to AI Infrastructure, a new newsletter focused on how the data center boom is reshaping the energy sector and turning ...
For years, Apple was known for having very little turnover in its top ranks. Not anymore. In recent weeks, the company has ...
On Friday, I wrote about how companies are scrambling to prevent employees from using confidential company information to bet ...
Thomas Eder, head of embedded wireless solutions at Nokia, was hunting for a better battery to power the Finnish company’s ...
PayPal Holdings applied to set up a Utah-based bank, a move that would allow it to directly provide loans to customers instead of relying on third-party banks for much of the process. The 27-year old ...
OpenAI is hiring Albert Lee, a long-time corporate development executive at Google, as head of corporate development, according to people with knowledge of his move. His hire signals OpenAI’s interest ...
IRobot, the company that makes the Roomba vacuum, is filing for bankruptcy, it announced Sunday. Shenzhen Picea Robotics Co., iRobot’s main contract manufacturer, will buy iRobot’s assets out of ...
The Trump administration has launched a new program, dubbed “Tech Force,” to recruit engineers to work on artificial intelligence inside federal agencies. People who sign up for the two-year program ...