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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...
EU order against Meta may last until June 2029, EU antitrust chief saysA key EU order for Meta Platforms to allow rival AI chatbots access to its WhatsApp messaging app will continue. This decision stands as th...
EU orders Meta to open WhatsApp to rival AI chatbots for freeThe EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries ou...
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOsInvestors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows te...
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’...
Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
Meta enters enterprise AI race with new business agentMeta Platforms has unveiled a cutting-edge AI assistant crafted to streamline daily operations for businesses. This innovative tool is capa...
China tightens oversight of overseas investments amid tech rivalry with USChina has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for c...
Strique unveils self-learning AI platform that optimises D2C growth, revenue and ROAS at Meta dayStrique has launched an autonomous performance marketing execution platform for D2C brands, addressing the gap between knowing what to chan...
'Insane bubble and bigger than 1999': Zoho founder Sridhar Vembu has a scary warning about the future of AIZoho founder Sridhar Vembu warns of a potential market bubble driven by AI enthusiasm, citing high price-to-sales ratios for tech giants li...
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...
Meta commits extra funding to oversight board until 2028Meta's Oversight Board has secured additional funding for its operations until 2028. This watchdog makes binding decisions on content moder...
ETtech Explainer: Everything to know about Meta’s Forum and Instants appsForum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns ...