SpaceX’s upcoming IPO is expected to raise $80 billion, but 78% of that amount—$62.8 billion—is already pledged to insiders, vendors, and debt repayment, leaving less than $18 billion to fund the comp…
London-based cybersecurity startup Geordie AI has raised a $30 million Series A round led by Balderton Capital, valuing the company at $155 million post-money in what is believed to be the largest Ser…
Orbital Industries, a startup using AI to design advanced materials, has raised a $50 million Series B funding round led by venture capital firm Plural, with participation from Nvidia's venture arm an…
A new Boston Consulting Group study found that nearly one-third of managers in the U.S., Canada, and European Union treat AI as a teammate or employee, listing the agents on company org charts. Resear…
Salesforce commenced a $25 billion accelerated share repurchase, its largest ever, alongside record first-quarter fiscal 2027 results, funding the buyback with debt that cut its full-year free cash fl…
Anthropic CEO Dario Amodei, who previously warned that AI could eliminate half of entry-level white-collar jobs within years, now argues that automation will transform and multiply work rather than de…
In 2026, the U.S. economy is experiencing strong expansion despite slowing job growth, suggesting rising productivity, yet official productivity measures have barely budged and even slowed in the firs…
GCHQ director Anne Keast-Butler warned Wednesday that the U.K. and its allies face a "narrowing window" to stay ahead of Russia and China, as both nations escalate espionage and hybrid warfare against…
Sanofi has built its own internal AI ecosystem called Concierge, used by 60,000 employees, after its chief digital officer deemed existing enterprise AI tools "lame" and limited in value. The French p…
California's proposed one-time wealth tax on billionaires would generate $100 billion over five years, an amount that would take 25 years of lost income tax revenue to match even if every billionaire …
Artificial intelligence is reshaping hotel operations by automating booking logistics, payment systems, and routine tasks, allowing staff to focus on personalized guest experiences. Industry leaders l…
Sam Altman of OpenAI orchestrated a multibillion-dollar strategic miscalculation by convincing the market that AI is an intelligent mind capable of running global commerce, when it is actually an expe…
Robinhood announced Wednesday that its Gold card users can now authorize AI agents to make purchases on their behalf, with each agentic transaction earning 3% cash back. The company also introduced ag…
A 25-year CEO of a fintech company argues that the current conversation around artificial intelligence has become hysterical and fails to reflect the reality of its business impact. The executive, who…
Isomorphic Labs, the AI drug discovery startup spun out of Google DeepMind in 2021, raised a new $2.1 billion Series B led by Thrive Capital to scale its computing power and drug development programs.…
Five of the largest hyperscale technology companies and Nvidia are all led by female chief financial officers, a group that includes Meta's Susan Li, Microsoft's Amy Hood, Alphabet's Anat Ashkenazi an…
The Trump administration is reportedly considering reviving a Biden-era approach requiring pre-release testing and approval for new AI models, reversing its earlier hands-off stance. Over 60 of Presid…
Uber president and COO Andrew Macdonald said the company cannot draw a direct link between its rising use of AI coding tools and consumer-facing innovations, after the rideshare giant burned through i…
OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei, who spent the past year warning that artificial intelligence would eliminate large numbers of white-collar jobs, now say those predictions were wr…
Standard Chartered CEO Bill Winters apologized on LinkedIn for causing "upset" after referring to certain workers as "lower value human capital" that could be replaced by AI, backtracking on comments …