A change in US export controls on advanced semiconductors presaged a wave of AI deals between the US and Saudi Arabia this week.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Bloomberg reported on Wednesday that Meta is bleeding third-party augmented reality developers to its rival, Snap.
The investment bank rolled out a suite of AI tools this year and reported almost $64 billion in net new assets in the third quarter alone.
Perplexity is looking for a few hundred million more dollars to scale its burgeoning business — oh, and maybe cover some pesky legal fees.
Online learning company Chegg is laying off almost a quarter of its workforce amid worries that AI is doing people’s homework for them.
Major tech firms seemingly see generative video as the next frontier of AI.
Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.
Bad news for X: EU lawmakers might start looking at the companies in CEO Elon Musk’s stable as one interconnected web.
“It is a technology that is emerging worldwide.”
Given the company’s dominance in workplace and productivity tech, it may have an edge in embedding generative AI into work routines.
. It may aim to level the playing field with one competitor in particular: Amazon.
On Tuesday, ASML accidentally published some disappointing earnings results a day earlier than scheduled, sending its share price down.
The future of traditional search engines got a rude awakening last week as an Apple executive predicted their eventual demise.
IBM is booting up its domestic production, setting aside $150 billion to make computers in the US over the next five years.
Back in 2020, Google’s huge market share of the internet search market hovered at about 92% by most metrics
The new venture, dubbed Twenty One, will go public via a Cantor-owned special purpose acquisition company (SPAC).