Cerebras CEO Andrew Feldman said Wednesday at the Bloomberg Tech conference that the AI chipmaker will work with every major hardware maker except NVIDIA, positioning the company as the connective lay…
Benchmark has closed $2bn across two new funds, including a $1.25bn growth fund, its first dedicated to later-stage investments, alongside a $750m early-stage vehicle. The move breaks the firm's long-…
OpenAI CEO Sam Altman is urging Congress to increase federal funding for AI testing at the Commerce Department while opposing any requirement for AI companies to obtain government approval before rele…
Labour MP Jess Asato filed a High Court claim on 3 June against xAI, arguing the company is directly liable for sexualised deepfake images of her that users generated with its Grok AI tool. The lawsui…
Intel, SambaNova, and Foxconn announced a partnership on June 2 to build rackscale AI infrastructure for data centers, hyperscale, and intelligence center deployments, using Intel Xeon processors pair…
Netflix is deploying generative AI to help subscribers navigate its vast content library, chief product and technology officer Elizabeth Stone announced Wednesday at the Bloomberg Tech conference in S…
Alphabet raised $85 billion in the largest equity offering in history, backed by a $10 billion private placement from Berkshire Hathaway. The proceeds will fund AI infrastructure as the company guides…
Hackers hijacked high-profile Instagram accounts over the weekend by asking Meta's AI customer support chatbot to change the account email address without verifying the requester's identity, allowing …
A popular npm package for OpenAI Codex with 29,000 weekly downloads has been stealing developer authentication tokens for a month. The same credential-theft chain also ran through two Android apps wit…
Uber is eliminating 23% of positions in its People and Places division, the unit responsible for human resources, recruitment, and workplace facilities, under newly promoted president Jill Hazelbaker.…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, targeting an October listing at a $965 billion valuation. SpaceX's ow…
The European Commission has urged households across the bloc to cut electricity use during peak hours, citing the rapid expansion of AI data centres, rising electrification, and growing digital infras…
Companies rapidly embedding artificial intelligence into customer-facing and internal systems have created new attack surfaces that traditional security methods cannot adequately address. Static check…
The European Commission on Wednesday unveiled a four-part technological sovereignty package including a revised Chips Act that would grant it emergency powers to override chip supply contracts and fin…
A new study from Workday found that 85% of employees save between one and seven hours a week using AI, but nearly 40% of that saved time is immediately lost to rework. The research, which surveyed 3,2…
Suno has raised new capital at a $5.4 billion valuation, more than doubling its worth from $2.45 billion six months ago, as the AI music company transitions from being sued by major record labels to p…
Swedish app-builder Lovable announced an expanded multi-year collaboration with Google Cloud on June 3, making Google Cloud a primary technology partner to target enterprise buyers. The deal anchors L…
The EU General Court on 3 June annulled the European Commission's designation of Facebook Marketplace as a "core platform service" under the Digital Markets Act, ruling the regulator failed to provide…
General Catalyst led a $150 million Series D round in Barcelona-based HR software company Factorial at a $2.5 billion valuation, while also committing an additional $540 million through a separate Cus…
DeepSeek, the Chinese AI lab that has operated without outside investment for 18 months, is raising approximately $7 billion in its first external funding round at a valuation between $52 billion and …