Nvidia has agreed to pay $6 billion to license AI models from Poolside AI and invest an additional $1 billion in equity, setting Poolside's pre-money valuation at $12 billion, a fourfold jump from las…
Senator Elizabeth Warren called on Congress to revamp merger law and sharpen antitrust enforcement around AI companies, arguing that Big Tech's use of licensing deals and talent acquisitions to avoid …
Noam Shazeer, a star Google AI researcher, has left the company again to join OpenAI, just two years after Google paid $2.7 billion to bring him back via a 'hackquisition' of Character.ai. The deal st…
LinkedIn co-founder Reid Hoffman is stepping down from Microsoft's board of directors after nearly a decade to focus on Manus, his AI-powered drug discovery startup. The company, which has raised over…
LinkedIn co-founder and venture capitalist Reid Hoffman plans to leave Microsoft's board, according to a Bloomberg report. The departure marks a shift in Hoffman's career as he moves from building Lin…
Microsoft released seven new AI models under its MAI brand on June 2 at the Build developer conference in San Francisco, marking the company's largest single expansion of its in-house AI lineup. The m…