Jack Ma's private equity firm Yunfeng Capital secretly led a $30 million funding round in Corgi, an AI business insurance startup and Y Combinator summer 2024 cohort member, valuing it at $4 billion, …
SpaceX CEO Elon Musk said on the company's earnings call Tuesday that the company is building a large enterprise sales team for its Starlink satellite internet system, emphasizing the need for human i…
Google is shaking up its AI leadership as Demis Hassabis steps down as CEO of DeepMind to become chief scientist of Alphabet and chair of Google DeepMind, while Jeff Dean is leaving to start a new ini…
Uber Technologies Inc. kept its overall AI spending broadly stable in the second quarter by using lower-cost models and helping employees manage token costs, Chief Financial Officer Balaji Krishnamurt…
Hedge fund manager Gavin Baker said on the 'Invest Like The Best' podcast that investors have been too quick to judge Big Tech's AI infrastructure spending, citing improving cash flow, continued deman…
Business Insider interviewed eight working parents who use AI tools like ChatGPT, Perplexity, and Claude to manage family schedules, plan trips, and create custom tutors, freeing up time to spend with…
Disney CEO Josh D'Amaro outlined plans to evolve Disney+ into a 'super app' with games, merchandise, and increased personalization, and reiterated the company's AI strategy, in a staff memo following …
Elon Musk, CEO of SpaceX and Tesla, during SpaceX's first earnings call on Tuesday, projected the company could reach $1 trillion in revenue by 2030, up from its previous forecast of 2031, and said th…
McKinsey & Co. promoted roughly 60 partners to senior partner or distinguished partner this year, a level reached by few among its more than 2,500 global partners. Four of the newly promoted partners …
Anthropic confirmed it is building an in-house silicon team to design custom AI chips for its Claude model, marking the first public confirmation of the plans. The company will co-design hardware and …
Leopold Aschenbrenner's $45 billion hedge fund, Situational Awareness, collapsed in late July after a sharp downswing in AI stocks triggered margin calls, forcing a fire sale of most of its publicly t…
Google is in talks to acquire talent from San Francisco startup Mechanize in a deal valued at over $1.5 billion, according to four people familiar with the conversations. The deal would involve a non-…
Adtech startup Mobian and publisher Time are serving 'Agent Ads' to AI crawlers on text-only webpages, with brands including Ally Bank and the Project Management Institute participating, sparking deba…
Geoffrey Hinton, the computer scientist known as the 'Godfather of AI,' said in an interview with Newsthink released Tuesday that it is 'very scary' that AI can develop its own goals, citing hypotheti…
Google and OpenAI recently killed off their super app projects, opting instead to migrate features into their main offerings, while Microsoft CEO Satya Nadella used the term 'super app' to describe fu…
Fora Travel, the AI-powered travel agent platform, has appointed Alanna Gregory as its first chief marketing officer, effective immediately. Gregory, who previously served as VP of marketing at Block,…
SpaceX shares fell as much as 11% in after-hours trading despite an earnings beat, as investors balked at nearly $16 billion in quarterly AI infrastructure spending, more than double the previous quar…
AI enthusiasts like Jeffrey Escobar, a 25-year-old from Miami, report feeling isolated as friends and family fail to share their passion for building with AI, with Escobar saying, "It's like I'm in a …
Google LLC killed its unreleased AI Studio mobile app, despite 800,000 pre-installs, and will fold its features into the main Gemini app to pursue a 'super app' strategy, according to a post on X by G…
Morgan Stanley strategists mapped three possible AI market scenarios and found that Nvidia, Amazon, Google, and Microsoft are positioned to benefit across all outcomes, with Nvidia emerging as the cle…