Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month
Author: Nileena Sunil
Amazon CEO Andy Jassy said something via a blog post on Tuesday that created quite a stir in the AI world
TikTok has been granted a 90-day-extension in enforcement of a law that requires the social media platform to divest from its Chinese-owned parent company ByteDance
Justin Sun’s crypto group Tron is preparing to go public in the U.S. through a reverse merger with SRM Entertainment
Donald Trump’s family is entering the smartphone market with a new Trump-branded service called Trump Mobile
The U.S. Department of Defense (DOD) has announced a $200 million contract with AI research frontrunner OpenAI to provide the government with new AI tools
AndrenaM, a startup that makes software for analyzing sonar data raised $10 million in a seed funding round that closed in 36 hours
The United States is reportedly pushing Vietnam in tariff talks to reduce the use of Chinese technology in devices made in the country and exported to America
Taiwan has placed export controls on Chinese companies Huawei, and SMIC, making it difficult for them to access resources required for building AI chips
Meta said on Monday that Arun Srinivas has been appointed as the managing director and head of its India operations
Canary Technologies, a hotel guest management platform has raised $80 million in a Series D funding round on Thursday, led by Brighton Park Capital
According to a Scale AI spokesperson, Meta is investing $14.3 billion as part of the deal, and will have a 49% stake in the artificial intelligence startup but will not have any voting power
Google, in partnership with the National Hurricane Center, is testing out a new artificial intelligence model for forecasting tropical storms
Fintech company Chime said on Wednesday it raised $864 million in its initial public offering (IPO) after pricing shares at $27 each
French president Emmanuel Macron expressed support for the partnership between the U.S. chipmaker Nvidia and French AI startup Mistral
OpenAI has plans to add Alphabet’s Google cloud service to meet its growing needs for computing capacity
IBM announced on Tuesday that it would be developing a large-scale, fault-tolerant quantum computer called Quantum Starling
Apple announced a number of new updates during its annual Worldwide Developer Conference 2025 keynote
Amazon has announced it is planning to spend $20 billion to build two data center complexes in Pennsylvania
OpenAI has announced that it has reached $10 billion in annual recurring revenue (ARR), up from around $5.5 billion last year
Meta is reportedly in the talks for a multibillion-dollar investment in Scale AI. This investment could exceed $10 billion, making it the company’s largest external investment
OpenAI has responded to user panic over a sweeping court order that requires the retention of chat logs for an indefinite period of time
Metaplanet, a Tokyo-listed investment company has revealed plans to raise $5.4 billion by issuing 555 million shares
Global grid investment is projected to exceed $400 billion in 2025, driven primarily by China, Europe, and North America which together account for over 50% of this spending
Aircraft maker Boeing has reached a deal with the Department of Justice (DOJ) that enables it to escape prosecution for a fraud charge related to two 737 Max crashes