Surge AI, a competitor to data labeling firm Scale AI, has hired banks including J.P. Morgan to help it sell up to $1 billion in shares at a valuation of more than $15 billion, according to a person ...
Anthropic, OpenAI and Google have been holding discussions about working together to create a standards body for the AI ...
Sony has found a home, of sorts, for its streaming service Crackle. The company announced today it was selling half its stake in Crackle to Chicken Soup for the Soul Entertainment, turning the service ...
DeepSeek’s latest update to its affordable lightweight model, V4.1-Flash, is making a big splash in the industry because of significant improvements from the previous version that bring it closer to ...
After China’s crackdown on his sprawling finance and e-commerce empire, billionaire Alibaba founder Jack Ma sought to win back the government’s favor. One way was to write a letter to China’s ...
The Trump administration has opened the door for entrepreneurs to start new banks in the U.S., many funded by venture capital ...
Nvidia has asked the suppliers of its next-generation custom high-bandwidth memory chip to use Taiwan Semiconductor Manufacturing Co’s 3-nanometer manufacturing process, the Seoul Economic Daily ...
Tech stocks dropped sharply again on Friday, reflecting continuing negative sentiment about the risks for companies that are relying on AI for growth. Moonshot AI’s release of its latest AI model ...
How many young AI cloud providers can the market, and Nvidia, support?That’s one of the big questions after a week in which investors worried about the data center buildout and the risks that its ...
Anthropic announced the creation of a new fund that will get at least 5% of its shares and support public-benefit causes such as addressing the employment impact of AI. The Anthropic Public Benefit ...
Microsoft has pulled out of a planned U.K. data center Nscale was building for it, an Nscale spokesperson said, after the cloud provider faced delays accessing power to bring the site online. The ...
As the U.S. Department of Justice negotiates a settlement of its antitrust lawsuit against Apple, app developers are fretting ...
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