Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter ...

Annualized revenue at “AI native” companies selling artificial intelligence models or apps has passed $15 billion just two ...

Elon Musk may have parted ways with Washington and President Donald Trump, but employees from Musk’s Department of Government Efficiency are moving forward with a plan to restructure the Securities ...

Apple appears to have learned its lesson about overpromising on artificial intelligence. Last year, at its Worldwide ...

Jeff Bezos’ rocket company Blue Origin delayed the second launch of its premier rocket New Glenn from late spring to August 15, showing the difficulty in building an alternative to Elon Musk’s SpaceX ...

MiniMax, a major Chinese artificial intelligence developer that was most recently valued at about $3 billion, plans to unveil a new open-source AI reasoning model as early as this week, according to a ...

Walt Disney Co. will pay $438.7 million more to Comcast to complete its purchase of the Hulu streaming service, the company said in a regulatory filing on Monday. In November 2023, Comcast exercised ...

Paramount Global’s finance chief Naveen Chopra is departing the company, the company announced on Monday. He will be replaced on an interim basis by Andrew Warren, currently a strategic advisor to the ...

Worldwide Developers Conference on Monday, the company said artificial intelligence will be making its way into more of its apps, even though the new and improved Siri it announced at last year’s ...

Elon Musk’s bets on electric vehicles and rockets delivered some of the biggest payoffs in business history. But his bet on ...

Dozens of investment funds that bet on mature startups before the Federal Reserve hiked interest rates in early 2022 got ...

When Chime CEO Chris Britt pitched his company to venture capitalists a decade ago, he got a lot of handshakes and little ...