General Intuition, founded by Pim de Witte, raised $320 million in a round led by Khosla Ventures, valuing the company at $2.3 billion. The startup uses gaming footage from de Witte's clip-sharing pla…
A federal class action lawsuit filed Monday accuses gas station operators including Marathon and Circle K of using AI-powered software from Kalibrate to illegally fix prices in California, violating s…
Former Commerce Secretary Gina Raimondo and former Indiana Gov. Eric Holcomb are co-founding a bipartisan nonprofit, RAISE US, with over $500 million to address potential job losses from AI. The group…
OpenAI is leaning toward a 2027 IPO after CFO Sarah Friar warned the company isn't ready for public markets, citing a $3.7 billion cash burn in Q1 2026 and trillions in infrastructure commitments. The…
The bond market's muted reaction to the Federal Reserve's hawkish signal reveals that long-term interest rates, which drive the cost of the $39 trillion national debt, are falling due to cooling infla…
Patronus AI raised $50 million in Series B funding to build simulation environments that stress-test AI agents before deployment in real enterprise systems. The round was led by Greenfield Partners wi…
The European Commission has selected Milan-based startup Domyn to lead the EUROPA consortium, tasked with building an open-source frontier AI model exceeding 400 billion parameters in all 24 EU langua…
Unconventional AI, a two-month-old chip startup founded by Naveen Rao, raised $475 million in seed funding at a $4.5 billion valuation to develop hardware that could cut AI inference power consumption…
Moody's Ratings warned that rapid data center growth is creating credit risks for state and local governments due to strain on electricity and water infrastructure. At least 14 states have considered …
Micron Technology reported a blowout quarter with revenue of $41.5 billion and EPS of $25.11, far exceeding Wall Street expectations, and guided next-quarter revenue to $50 billion. The results revers…
Andreessen Horowitz led a $15 million Series A round for Netris, a network automation startup that helps GPU cloud providers manage the networking layer beneath AI clusters. The investment highlights …
Oracle cofounder Larry Ellison quietly donated about $45 million to a pro-Trump nonprofit during the 2024 campaign, according to The Wall Street Journal. Since then, Oracle has secured major governmen…
Whitman College in Walla Walla, Washington, will cap tuition at 10% of family income for all first-year and transfer students enrolling in fall 2027, aiming to make college more affordable. The policy…
Google CEO Sundar Pichai told Stanford graduates to stop obsessing over their first jobs, sharing a lesson he learned on a road trip to Las Vegas where skipping a class taught him that few moments are…
Chinese AI lab DeepSeek is doubling its headcount across departments, including a new Harness team for agent products, as it shifts from a research-focused operation to a product company. The expansio…
Softbank CEO Masayoshi Son dismissed Elon Musk's idea of building AI data centers in space, arguing that the high cost and long timeline make it impractical. Son emphasized that Softbank is focused on…
Europe's largest tech conference VivaTech in Paris drew 180,000 attendees amid a heatwave, with Jeff Bezos predicting AI will create labor shortages and Yann LeCun warning of a potential AI bubble. Th…
Adobe is acquiring Topaz Labs to integrate its on-device AI inference technology, NeuroStream, and Emmy-winning enhancement models into Creative Cloud, aiming to compete with Canva and Blackmagic Desi…
Global AI revenue outside China reached $25 billion in Q1 2026, surpassing the estimated $21 billion in annualized depreciation costs for chips and data centers for the second straight quarter, accord…
Apple raised Mac mini prices from $599 to $799 and increased iPad Pro and iPad Air prices, citing memory costs driven by AI infrastructure demand. The shift in DRAM supply toward high-bandwidth memory…