Tags: AI

Meta Eyes Major Stake in Scale AI With $10 Billion

Meta Eyes Major Stake in Scale AI With $10 Billion Deal in the Works

Meta is in talks to invest over $10 billion in AI startup Scale AI, marking its largest external AI move yet.


Alibaba Joins AI Race with a $52 Billion Investment Over Three Years

Alibaba announces a $52 billion investment in AI and cloud computing over the next three years, aiming to lead China's tech race.

AI Startup Writer Debuts New Model Using Synthetic Data to Compete With OpenAI and Anthropic

Writer aims to compete with OpenAI and Anthropic by using a cost-effective approach, spending only $700,000 to develop models and raising $200 million to reach a $1.9 billion valuation.

American Airlines Uses AI to Speed up Gate Assignments in Just 10 Minutes

American Airlines is using machine learning to speed up gate allocation, reducing taxi times and fuel usage by analyzing real-time flight data.


Latest News

Doubts on AI and Consumer Spending Halt Stock Market Surge
Recent earnings reports raise concerns about AI investments and consumer spending, causing a dip in tech stocks and interrupting a stock market rally.
Elon Musk Says Tesla’s Robotaxi Service to Launch on Oct. 10
Tesla CEO Elon Musk said that the company would be delaying the launch of its long-awaited robotaxi service on Oct. 10, around two months after the planned date.
FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices
The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.
Elon Musk Talks About AI, Reveals Experience With Son-Turned-Daughter in Interview
Tech billionaire Elon Musk said in a Daily Wire interview that his perspectives regarding gender ideology and population are deeply personal after he had to deal with one of his sons deciding to cut ties with him by changing both name and gender.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.
Nvidia Boss Jensen Huang Sells $31 Million Worth of Company Shares
Nvidia CEO Jensen Huang decided last week to sell over $31 million worth of the company’s stock in a move to entice investors.
Charles III Reads Labour's Economic Plans in UK's State Opening of Parliament
Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate the country’s economy in this year’s State Opening of Parliament.
TSMC Shares Rise Despite Expectations of Tighter 2025
Shares of the TSMC rose to a record intraday high in Taipei’s stock market after Morgan Stanley and other brokers boosted price targets on the company before its earnings.
Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
1 2 3 4 5 6 7 8 9 10