Phoebe Gates, the 23-year-old daughter of Bill Gates, is building AI shopping startup Phia, valued at $185 million, and insists her privilege and last name have no role in its success. The company, wh…
Phoebe Gates, daughter of Bill Gates, co-founded shopping app Phia which was accused of using 'cookie stuffing' to fraudulently claim affiliate commissions. The AI-powered browser extension allegedly …
Apple is suing OpenAI, accusing the AI company of stealing trade secrets to fast-track its hardware ambitions. The lawsuit names OpenAI, its hardware division io Products, and former Apple employees T…
America's five biggest AI spenders—Alphabet, Amazon, Meta, Microsoft, and Oracle—have doubled their collective debt to $350 billion since 2021, betting on future AI revenue that has yet to materialize…
Galaxy Digital completed Phase I of its Helios data center campus in West Texas, delivering 133 megawatts to CoreWeave under a 15-year lease. CEO Mike Novogratz pivoted the site from a distressed bitc…
Malaysian Prime Minister Anwar Ibrahim is launching an autonomous AI avatar, PMX AI, built by Zetrix AI Bhd., to help citizens with tasks like renewing driving licenses and providing career advice. Th…
Big Tech's total AI-related debt has doubled to $350 billion, according to Bloomberg, as cash flow fails to keep pace with massive investments in artificial intelligence infrastructure.…
Alphabet, Amazon, Meta, Microsoft, and Oracle have doubled their collective debt to $350 billion over five years to fund AI data center construction, betting on future revenue from AI services. Invest…
China omitted a numeric target for urban job creation in its five-year plan for the first time in decades, citing rising uncertainty from AI-driven economic changes. The government will instead set fl…
AI agent startup Lyzr is raising a $100M Series B using its own AI agents to manage the fundraising process, including pitching to 130 firms and tracking investor engagement with its presentation. The…
A developer describes how team members running independent AI agents without coordination leads to duplicated work, misaligned goals, and blown budgets, citing examples like Uber burning through its 2…
Lyzr, a Jersey City-based startup that builds AI agents, used its own AI agent, SivaClaw, to raise a $100 million Series B at a $500 million valuation. The agent fielded questions from over 130 invest…
Meta released Muse Spark 1.1, a new AI model specializing in agentic tasks, outperforming Anthropic's Opus 4.8 and OpenAI's GPT-5.5 on four benchmarks. CEO Mark Zuckerberg promoted the model as a chea…
Lyzr is raising approximately $100 million in a Series B funding round at a $500 million valuation, with over $400 million in investor interest, according to Bloomberg. The company's enterprise AI age…
AI agent startup Lyzr Inc. is reportedly raising a $100 million funding round at a $500 million valuation, with $400 million in investor interest from Silicon Valley funds, Middle Eastern venture capi…
Anthropic appointed former Federal Reserve chair Ben Bernanke to its Long-Term Benefit Trust on July 9, 2026, adding a high-profile economic policymaker to the independent body that helps oversee the …
Meta CEO Mark Zuckerberg confirmed the company is exploring an AI cloud business to rent out its massive AI compute capacity, potentially competing with Amazon Web Services, Microsoft Azure, and Googl…
Meta launched Muse Spark 1.1, its latest AI model, and will begin charging for API access at roughly 25% of the cost of competitors like OpenAI and Anthropic, marking a strategic shift from its previo…
Yann LeCun, often called a godfather of AI, left Meta to raise a reported $1bn seed round for his new firm AMI, which is building 'world models' that understand the physical world like a child does, r…
Amazon returned to the US bond market seeking at least $25 billion to fund AI spending, with initial orders peaking near $62 billion before settling near 1.6 times the deal size. The multi-tranche off…