The AI Boom Is Hitting a Cash Crunch
BongkarnThanyakij / Getty Images Meta (META) issued $30B in financing for a Louisiana data center. Meta carries $37B…
CoreWeave Faces Earnings Pressure as Cracks Appear in AI Trade
After last week’s selloff, this is a tough time to be raising the issue of spending on artificial…
Ex-Google, Meta execs raise $90M Series A for Majestic Labs, targeting AI infrastruct
Majestic Labs has raised $90 million in a Series A round following a $10 million Seed round in…
Legal AI firm Clio valued at $5 billion in latest funding round
(Reuters) -Legal artificial intelligence company Clio said on Monday it has raised $500 million in a funding round…
Scribe hits $1.3B valuation as it moves to show where AI will actually pay off
After helping several enterprises document how work actually happens, Scribe has raised $75 million at a $1.3 billion…
Sam Altman says Slack creates ‘fake work’; Elon Musk renews warning for Microsoft
OpenAI CEO Sam Altman has said that the popular messaging app Slack leads to a lot of “fake…
Why AI Layoffs Like Amazon Will Backfire
Right now there seem to be only two types of business headlines: Those dedicated to the eye-popping investments…
All the Industries OpenAI Is Trying to Disrupt
OpenAI re “very excited about robots,” Altman said during a livestream in late October, which outlined his future…
Perplexity Is AI’s New Pit Bull
The way Perplexity AI Inc. frames it, the company is something of a freedom fighter for the open…
TSMC’s Slowing Monthly Sales Fuel AI Sustainability Debate
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported slowing growth in monthly revenue, highlighting uncertainty over the sustainability of…
The AI revolution has a power problem
SAN FRANCISCO – In the race for artificial intelligence (AI) dominance, American tech giants have the money and…
I put ChatGPT and Google Gemini to the test for restoring old photos — Here’s what happened
A new viral trend is sweeping across social media, as users use advanced AI tools such as Google…