Jeff Bezos is in talks to raise a $100 billion fund to buy manufacturing companies and implement AI to speed up their automation, The Wall Street Journal reported Thursday. The fund will aim to ...
Quarterly earnings could be going away. Will this result in more IPOs?One of the hallmarks of investing in public stocks is receiving quarterly updates from the companies. Those financial results and, ...
Prediction market Kalshi is raising $1 billion at a $22 billion valuation in a new funding round led by investment firm Coatue Management, according to a person familiar with the matter. The round ...
Meta Platforms is scaling back on its use of third-party vendors for content moderation in favor of artificial intelligence systems, the company announced Thursday. The parent company of Facebook, ...
Until recently, Western car and battery companies seemed to agree that there was no point challenging China’s near-monopoly ...
Crypto.com, a digital-asset exchange headquartered in Singapore, reduced its workforce by about 12%, joining the list of companies using artificial intelligence to drive efficiencies across its ...
Anjney Midha, the former Andreessen Horowitz general partner and early personal investor in Anthropic, is finally ready to talk about his highly anticipated AI infrastructure venture, for which he was ...
The debate over whether AI might replace traditional enterprise apps such as Salesforce, ServiceNow, SAP, and Workday often ignores a more likely near-term scenario: that AI will stop some customers ...
Amazon has acquired autonomous robotics startup Rivr, an Amazon spokesperson confirmed, a deal that could help the commerce and logistics giant deliver packages to shoppers’ doors more efficiently.
Startups developing data centers to power AI are among the most capital-hungry businesses around right now. Many are raising billions of dollars in equity and debt to build complicated ...
A couple of years ago, design software firm Canva was one of the hot startups to watch, on everyone’s list of IPO candidates. But it sat out last year’s IPO class and now finds itself in an awkward ...
A rogue AI agent recently triggered a major security alert at Meta Platforms, by taking action without approval that led to ...
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