Microsoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...

Genspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....

The "Patching as a Service" product will be rolled out in Japan through a joint venture established ⁠last ⁠November between SoftBank's dome...

About $357 billion of market value was erased, and Microsoft's stock suffered its biggest ⁠one-day decline in nearly six years.

U.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge ...

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , ⁠and ⁠Meta Platf...

SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other ...

SpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coine...

A group of US state attorneys general has started a wide-ranging probe into OpenAI. The ChatGPT maker received a subpoena seeking documents...

Oracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...

The fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...

OpenAI 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 IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...

AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...

OpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...

Microsoft is set to launch new artificial intelligence models next week at its Build conference. These include a coding model to enhance Gi...