Tesla delivered a record 480,126 vehicles and generated $28.24 billion in revenue in Q2, up 26% year-on-year, but operating income plunged 57% to $398 million as R&D spending on AI jumped 49% to $2.37…
Khosla Ventures, the first outside investor in OpenAI, is in talks to raise up to $5.5 billion across a new set of funds, according to Bloomberg. The record raise would allocate about $1 billion for s…
Uber cut 10% of its customer-service jobs on Wednesday, marking the first time the company has directly blamed AI for layoffs. The reductions, part of a push to simplify operations and embrace AI, wer…
Chinese AI models narrowed the performance gap with US counterparts to a record-low 6% in June, down from 9% in May, according to Bloomberg Intelligence. The research arm said the shift raises real qu…
A senior White House official has accused China's Moonshot AI of breaking US export controls to build its Kimi K3 model, claiming the company accessed restricted Nvidia GB300 chips and distilled Anthr…
Senator Elizabeth Warren accused major AI companies of using US trade deals to lock in limits on oversight, arguing that industry-backed non-discrimination clauses in bilateral agreements could underm…
Amazon executive chairman Jeff Bezos is pushing an AI-first redesign of Prime Video, known internally as Lighthouse, that would rebuild the home screen around machine-generated recommendations and red…
Alphabet lifted its full-year capital-expenditure guidance to as much as $205bn, up from a prior range of $180bn to $190bn, as Google Cloud revenue jumped 82% to $24.8bn in the second quarter. The com…
Nvidia founder Jensen Huang donated a DGX GB300 AI supercomputer to the Naval Postgraduate School (NPS) in Monterey, the first such system installed in the U.S. military, valued at roughly $15 million…
Nokia reported comparable operating profit of €434mn for the second quarter of 2026, up 18% year-on-year and beating analyst forecasts of €382mn, as AI data-centre demand drove a doubling of cloud sal…
Intel and AMD have signed multi-year supply commitments with Chinese data centre customers as server CPU prices surge, with some products posting month-on-month increases of more than 10% and certain …
Denis Machuel, CEO of the world's largest staffing company Adecco Group, said artificial intelligence is changing jobs rather than destroying them, citing OECD data showing employment rates near recor…
Alphabet CEO Sundar Pichai pushed back against claims that Google is losing the AI race during the company's Wednesday earnings call, arguing that Google remains at the frontier on many attributes eve…
A study published in BMC Psychology in June by Kağan Kırcaburun of Düzce University found that narcissism is the strongest predictor of problematic generative AI use among 677 adult users, with vertic…
OpenAI president Greg Brockman called Moonshot AI's Kimi K3 'pretty good' in a Bloomberg interview on Tuesday but said it is too early to determine whether the Chinese startup distilled the model from…
The White House announced over $5 billion in federal commitments to the Genesis Mission, an Energy Department-led initiative funding 278 AI-for-science projects selected from more than 5,000 applicati…
Meta hired Assaf Keren as its new chief information security officer from Qualtrics and PayPal, replacing Guy Rosen who announced his departure in June after 13 years. Keren said he would focus on bui…
Monday.com is cutting about 620 jobs, 20 percent of its global workforce, as the Israeli project management company restructures around its AI Work Platform. Co-CEO Eran Zinman told staff the company …
Arrakis, a London and Paris startup building an AI operating system for industrial companies, emerged from stealth with $38 million in total funding and a thesis that the biggest AI returns will come …
Cisco released two open-weight AI models, Antares-350M and Antares-1B, that it says beat Google's Gemini 3 Pro and rival GPT-class systems at finding software bugs while running locally for under $1 p…