A valuation at that level would be a show of faith in the startup, which has grown revenue quickly but faces rising competition from Anthropic and OpenAI. AI coding startup Cursor is in discussions ...

Anthropic is in talks with a consortium of private equity firms including Blackstone and Hellman & Friedman about forming an AI-focused joint venture to sell the Claude maker’s technology to companies ...

Nvidia will invest $2 billion in Amsterdam-based AI cloud company Nebius Group and the two companies will work together to build data centers using 5 gigawatts of energy by the end of the decade. The ...

Uber announced it would offer the Zoox robotaxi to customers starting this year. This is the first time the Amazon-owned self-driving car company has partnered with an outside ride-hailing app. Zoox ...

Atlassian, which sells software that lets developers and other business teams collaborate on projects, is laying off around 1,600 employees, or around 10% of its staff, CEO Mike Cannon-Brookes ...

With OpenAI suddenly scaling back on chatbot checkouts, its foray into shopping hinges on convincing retailers to set up shop with dedicated apps within ChatGPT—and getting people to buy stuff there.

Binance.US, the American crypto platform founded and majority owned by Changpeng Zhao, said it has hired Stephen Gregory as its new chief executive officer, as it doubles down on the U.S. market. The ...

General Catalyst is in the process of raising $10 billion in new investment funds, according to a person familiar with the matter. The funding drive comes less than two years after the backer of ...

Federal Communications Commission Chair Brendan Carr attacked Amazon in a Wednesday social media post after the company petitioned against a request by SpaceX for permission to launch one million ...

Google has completed its $32 billion acquisition of the cybersecurity startup Wiz, the companies announced on Wednesday. Wiz will become part of Google Cloud, but Wiz customers can continue to use ...

Shopify Chief Financial Officer Jeff Hoffmeister said the e-commerce software company wasn’t yet seeing many transactions completed by AI shopping tools, even though shoppers are increasingly using ...

Tesla and xAI are working together on a joint artificial intelligence project, Elon Musk said Wednesday. The move, which comes after turnover at xAI, is the latest shift in Musk’s plan to build AI ...