Starbucks is developing in-house AI-powered software to replace Microsoft Dynamics 365 and IBM TRIRIGA, aiming to reduce reliance on big tech vendors. The internally built replacements could go live b…
Nobel laureate Christopher Pissarides dismissed the idea that artificial intelligence will restore rapid productivity growth in Western economies, arguing that the fast-growth years may be over. Speak…
US home battery installations hit a record 673 megawatts in Q1 2026, driven by rising electricity costs and state incentives in California, Hawaii, Texas, and Arizona. The trend helps homeowners store…
Microsoft is reportedly planning another round of layoffs affecting less than 2.5% of its workforce, just months after cutting thousands of jobs, as the company prioritizes AI development. The cuts ar…
Meta Platforms is building a cloud business to sell excess AI computing capacity, according to a Bloomberg News report. Shares of the company rose over 6% in premarket trading following the news.…
A new study by Harvard economist Rebecca Diamond finds that women taking GLP-1 weight-loss drugs are significantly more likely to gain employment, with the employment rate rising 27 percentage points …
The U.S. Commerce Department approved Anthropic to restore access to its Claude Mythos 5 AI model for roughly 100 vetted American companies and federal agencies, ending a two-week national security st…
Anthropic won U.S. approval to restore some access to its Mythos 5 AI model after resolving national security concerns, with Commerce Secretary Howard Lutnick citing significant progress in addressing…
A US federal judge ordered the Justice Department to explain its decision to drop criminal charges against Indian billionaire Gautam Adani, citing insufficient reasoning. The judge gave prosecutors un…
OpenAI has delayed its IPO to 2027, expecting AI rival Anthropic to go public first, according to Bloomberg News. The ChatGPT maker had targeted a fall listing, but recent tech stock volatility influe…
Bank of America's European equity strategist Sebastian Raedler recommends investing in overlooked defensive sectors like consumer staples and pharmaceuticals to hedge against a potential AI stock down…
ByteDance, the parent company of TikTok, is in early-stage talks to raise approximately $20 billion in what would be its largest offshore loan ever, nearly doubling its previous record. The funds are …
Getty Images shares surged approximately 160% in Monday trading after announcing a licensing agreement with OpenAI. The deal will allow Getty's images to appear in ChatGPT's search and discovery featu…
Amazon is in talks to sell its custom-designed AI chips for use in other companies' data centers, according to Bloomberg News. Amazon's AI chief Peter Desantis confirmed the discussions but declined t…
Apple CEO Tim Cook announced unavoidable price increases due to rising memory chip costs driven by AI industry demand and inflation. The hikes will affect products like iPhones, Macs, and iPads, with …
Apple Inc. plans to launch camera-equipped AirPods in late 2027, alongside a foldable iPhone and a 20th-anniversary iPhone model, as part of its biggest wave of new products. The AirPods, designed as …
Ant Group is testing an overhaul of its Alipay super app that introduces an AI agent interface, allowing users to book rides, order coffee, or manage finances via voice or text commands. The move esca…
Mustafa Suleyman, CEO of Microsoft AI, publicly criticized Anthropic's AI services as "extremely expensive," stating that many users are seeking alternatives. The remarks come as Microsoft shifts GitH…
OpenAI has held talks with Citigroup Inc. and JPMorgan Chase & Co. about joining the underwriting group for an initial public offering, according to Bloomberg News. The discussions could add those ban…
Apollo Global Management and Blackstone are working on a $36 billion debt financing deal for artificial intelligence company Anthropic, according to Bloomberg News. The potential transaction would pro…