News

Meta Platforms on Thursday finalized a deal to invest $14.3 billion in Scale AI, according to a Scale spokesperson. Through the deal, Meta will acquire a 49% stake in the data labeling startup. Scale ...
AI software provider Databricks expects annualized revenue to reach $3.7 billion by next month, up 50% from last year, according to a company spokesperson. The growth suggests that Databricks is ...
My colleague Sri Muppidi broke the news Wednesday of OpenAI’s latest fundraising talks as it seeks to raise an unprecedented $40 billion. One previously unreported detail is that SoftBank bought about ...
Did you hear that pop? Tech initial public offerings are getting loud, a little silly, and highly profitable for investors again.Banking app Chime’s share price jumped 37% above its IPO price Thursday ...
Amazon Web Services is revamping a key cloud service for developing and running artificial intelligence in a bid to catch up to Google and Microsoft, The Information reported . AWS is preparing to ...
Nvidia CEO Jensen Huang says he isn’t threatened by the fact that his largest customers—from Amazon Web Services and ...
Snapchat has realized the limits of disappearing content—especially when it comes to attracting creators.On Thursday, the app ...
Elon Musk’s SpaceX demolished a former United Launch Alliance tower in Cape Canaveral, Florida, on Thursday, paving the way for a new complex that will provide a second launch site for its largest ...
Google Cloud on Thursday experienced a major outage that impacted several services globally, according to a Google website tracking the status of its products. The Google Cloud dashboard indicated ...
Navan, a corporate travel software startup, is planning to file confidentially for an initial public offering as early as next week, two people familiar with the matter said, a further sign of a ...
Tesla sued a former robotics engineer who launched his own robotics startup shortly after leaving the company last year, accusing him of stealing confidential information about Tesla’s Optimus ...
Lawyers for Elon Musk asked the court overseeing his breach of charitable trust lawsuit against OpenAI to dismiss OpenAI’s countersuit against him in a court filing Wednesday evening for the second ...