OpenAI to raise $40 billion in SoftBank-led new funding round
OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion valuation to ...
Perplexity AI in talks to raise funds at $18 billion valuation, source says
Perplexity AI is in talks to raise funds at an $18 billion valuation, a person familiar with the matter told Reuters on ...
Micron forecasts upbeat quarterly revenue on strong AI memory chip demand
Micron Technology forecast third-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for its ...
Alibaba says to restart hiring, sees signs of start of AI bubble in the US
Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence ...
US appeals court rejects copyrights for AI-generated art lacking 'human' creator
A federal appeals court in Washington, D.C., on Tuesday affirmed that a work of art generated by artificial intelligence ...
Nvidia-backed CoreWeave targets up to $32 billion valuation in test for AI IPOs
CoreWeave is targeting a valuation of up to $32 billion on a fully diluted basis in its U.S. initial public offering, as the ...
Meituan joins China's AI spending race, says investing 'billions' in chips
Wang Xing, CEO of China's largest food delivery firm Meituan , said on Friday in a post-earnings call that the company is ...
Tencent joins China's AI spending race with 2025 capex boost
Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial ...
Apple shakes up AI executive ranks in bid to turn around Siri, Bloomberg News reports
Apple is shaking up its executive ranks to get its AI efforts back on track after months of delays, Bloomberg News reported ...
Schneider Electric to invest over $700 million in US to power AI boom
Schneider Electric said on Tuesday it plans to invest over $700 million in its U.S. operations over the next two years amid ...
Fact Check: Image of Carney, Maxwell and Hanks on a beach is likely AI, say experts
An image of Canadian Prime Minister Mark Carney, jailed British socialite Ghislaine Maxwell and Hollywood actor Tom Hanks ...
Chinese AI firm Zhipu raises $257 mln in state-backed funding spree
Chinese AI startup Zhipu AI has secured 300 million yuan ($41.5 million) in investment from a Chengdu government-backed fund, state media, the Beijing News reported on Wednesday, in the latest move by ...