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Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...- China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
- Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
- Meta AI chief sees opportunity in models’ giving health adviceThe 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’...
- Meta repeatedly pushes back new AI model release for developersMeta's new Muse Spark AI model API launch is nearing. While plans were pushed back, the company is now testing with early partners. Meta AI...
- Meta scales back plan for internal mouse-tracking tech, citing staff concernsNew controls will allow employees to pause the data collection for up to 30 minutes at a time and request exemptions from the initiative,...
- After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
- Meta plans AI pendant, 'wearables for work' in hardware boost: ReportThe Facebook and Instagram owner plans to significantly expand its selection of AI glasses and add a business-focused service called "Weara...
- Mark Zuckerberg's philanthropic venture unveils AI world model for drug discoveryBiohub, a venture by Mark Zuckerberg and Priscilla Chan, has launched a protein biology world model. This advanced AI tool aims to speed up...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...
- Data spills at home; Green card limbo deepensHappy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more...
- ET Graphics: AI gurus rush to join talent musical chairsBut 2026 so far marked some of the biggest executive talent movements among frontier AI companies back and forth. From OpenAI and Anthropic...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- The AI blindspot: Layoffs are piling up, but where are the returns?Companies are cutting jobs to fund AI, but this strategy may not work. A global survey shows that reducing staff does not guarantee better ...
- Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
- Activate picks stake in ElevenLabs in first global growth-stage AI betVenture capital firm Activate has made its first global growth-stage AI investment in ElevenLabs. This New York-based voice AI company cons...
- For Meta AI, India tops the global charts: Will CathcartIndia leads globally in Meta AI's monthly active users on WhatsApp, with conversations surging post-Muse Spark launch. To enhance privacy, ...
- Qualcomm bets on custom AI chips, targets Nvidia-led data centre marketQualcomm is entering the competitive data center AI chip market. The company plans to launch unique CPU chips for agentic AI and AI acceler...
- Meta acquires robotics company Assured Robot Intelligence to help build humanoid technologyMeta has acquired Assured Robot Intelligence, a startup specialising in AI models for robots, to bolster its humanoid technology initiative...
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