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OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell makerA Virginia resident is suing Amazon for privacy violations, alleging its Ring doorbell cameras, specifically the "Familiar Faces" feature, ...
- Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
- Hollywood, Bollywood and AI: Who controls storytelling now?The landscape of entertainment is undergoing a dramatic transformation, thanks to artificial intelligence. Enhanced AI technologies are now...
- US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
- Spotify aiming for a 'ChatGPT moment' in music and India is central to the planSpotify is embracing artificial intelligence to become a personalised audio platform. The company is developing AI playlists, conversationa...
- US judge considers Anthropic's $1.5 billion settlement of authors' lawsuitA federal judge is seeking more details on Anthropic's $1.5 billion AI settlement with authors, delaying final approval. The case, the larg...
- Netflix sued by Texas for allegedly spying on children, addicting usersTexas has sued Netflix. The state attorney general claims the streaming giant spied on children and consumers. Netflix allegedly collected ...
- Netflix sued by Texas for allegedly spying on children, addicting usersTexas Attorney General Ken Paxton has sued Netflix. The streaming giant is accused of spying on children and consumers. Netflix allegedly c...
- Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
- Major publishers sue Meta for copyright infringement over AI trainingMajor publishers have filed a lawsuit against Meta Platforms in Manhattan federal court. They accuse the tech giant of using millions of th...
- US military reaches deals with 7 tech companies to use their AI on classified systemsThe Pentagon is boosting its warfighting capabilities by integrating artificial intelligence into classified computer networks. Seven leadi...
- 600 Google staff urge CEO Sundar Pichai to reject classified military AI contractMore than 600 Google employees demanded Monday that the company reject a proposed Pentagon deal that would allow its artificial intelligenc...
- Amazon fire TV stick lawsuit: Claims company “bricked” old devices to push new salesAmazon is facing a lawsuit over Fire TV Stick devices, with claims that it stopped software updates for older models to push users to buy n...
- Layoffs hit tech, GCCs; Startups rewrite summer rulesHappy Wednesday! Tech and GCC talent are facing more layoffs as they move up the value chain and integrate into global operations. This and...
- Amazon sued over 'punitive' handling of employee absencesAmazon is facing a class action lawsuit in New York, accused of penalising warehouse workers with disabilities through harsh absence polici...
- Amazon sued over slow deliveries to low-income areasThe District of Columbia's attorney general sued Amazon for allegedly violating consumer protection laws by providing slower Prime deliveri...
- Amazon set to meet with FTC ahead of potential antitrust lawsuitAmazon.com is set to meet next week with the U.S. Federal Trade Commission (FTC) ahead of a potential long-awaited antitrust lawsuit agains...
- Amazon sued in US for 'stealing' delivery driver tipsThe lawsuit accuses Amazon of breaking local law regarding deceptive trade practices and came despite the company having already compensate...
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