Elon Musk said Tuesday SpaceX and Tesla have formed special committees to explore a potential merger. This is the first step toward what would be the largest mergers of all-time, bringing together ...
Netflix reported its slowest quarterly revenue growth in three years on Tuesday, with revenue rising 11.8% to $12.9 billion in the third quarter, in line with its own expectations. The streaming ...
OpenAI is buying Orchestra Bio, a startup that builds AI agents to help biotech and pharmaceutical companies with drug development, the AI lab announced on Tuesday. The acquisition is an early move ...
A collection of giant insurance firms bought more than $740 million of CoreWeave debt connected to a cloud-computing contract with Meta Platforms in the second quarter, highlighting how insurance ...
Mike Clayville, the former Amazon Web Services enterprise sales chief who played a key role in expanding its business with Fortune 500 firms before departing for Stripe six years ago, is back in the ...
Meta Platforms’ chief global affairs officer, Joel Kaplan, is set to leave the company next year, a Meta spokesperson said, after more than 15 years at the company in which he helped strengthen ties ...
Compute Labs, a startup founded on the vision of bringing more capital to the market for graphics processing units, has started a matchmaking service for companies looking to buy the chips and lenders ...
OpenAI is bound to get a reality check soon, if it hasn’t already, on how difficult it is to “pace” AI technology, let alone ...
In early 2023, Blackstone CEO Steve Schwarzman gathered with Jas Khaira, the company’s lead AI investor, and other top executives at the finance giant’s Park Avenue headquarters in Manhattan for a ...
The U.S. has sanctioned a startup and a venture capital firm from China connected to Linwei Ding, a Chinese national and former Google software engineer sentenced to prison last month for stealing ...
These days, raising a new venture fund can seem like an uphill battle. First-time managers are competing with much bigger ...
OpenAI CEO Sam Altman last week told employees about three proposals the industry has discussed for how to safely develop AI, ...