Anthropic accuses Alibaba of a massive AI distillation attack, alleging unauthorized extraction of Claude’s capabilities to train AI models
Browsing: Corporate governance
JPMorgan Chase will lay off 244 employees as it closes a Texas call center while reshuffling leadership under CEO Jamie Dimon.
Walmart will lay off 306 Silicon Valley employees in August as it restructures technology teams to streamline operations and boost efficiency
OpenAI launches Jalapeño, its first custom AI chip built with Broadcom, aiming to boost efficiency and reduce reliance on Nvidia hardware.
ByteDance seeks a record $20 billion offshore loan to accelerate AI expansion, data center investments and global technology competition.
Slash employee accidentally spent $81,000 in AI credits while building a viral game, exposing the hidden costs of AI-powered coding.
Ethereum Foundation cuts 20% of staff and restructures operations as leadership departures raise questions about governance and strategy.
Workday faces a landmark lawsuit alleging AI hiring bias, with claims of disability discrimination, violations of California employment law.
Nasdaq 100 faces a $1 trillion wipeout as tech stocks tumble, SpaceX valuation slips, and AI spending concerns grow.
Lucid cuts 18% of its workforce, eliminates COO role, and trims production as EV demand slows and costs rise
OpenAI takes center stage at Cannes Lions 2026 as AI reshapes advertising, media strategies, and competition with Meta and Google.
Apple closes three U.S. retail stores, including its unionized Maryland location, citing struggling malls, changing consumer shopping habits.
SpaceX shares decline after a record IPO, reflecting a common mega-IPO trend amid valuation concerns and heavy AI investments.
An Indian tech worker faces potential layoff in the U.S., sparking debate online after asking whether it is time to leave America, return to India, and prioritize mental well-being over higher earnings.
SpaceX’s historic IPO propels its market value near $3T, briefly surpassing Amazon and Microsoft as investor enthusiasm accelerates growth.
A Big Tech-backed climate coalition pledged an additional $915 million for carbon removal projects and welcomed Anthropic as a new member.
Pentagon confirms Grok AI supported targeting in Iran strikes, reigniting debate over AI, civilian casualties, and military accountability.
Cornelis networking chips power the Lynx supercomputer at Lawrence Livermore, advancing nuclear simulations.
Federal judge dismisses xAI’s trade-secret lawsuit against OpenAI, marking another legal setback for Musk amid intensifying AI competition.
The social media giant introduced an artificial intelligence feature that answers user queries by combing through public posts.
TCS faces a $70 million loss after the U.S. Supreme Court rejects its appeal in the DXC trade secrets lawsuit.
Australia’s richest person Gina Rinehart invests over $1 billion in SpaceX, deepening ties to Elon Musk and emerging technologies.
Microsoft CEO Nadella warns AI monopolies could hollow out industries, urging a diverse ecosystem that preserves innovation and expertise.
Anthropic meets White House officials to resolve restrictions on Mythos 5 and Fable 5 amid AI security and export concerns.
Microsoft’s Xbox division may cut up to 1,000 jobs as restructuring, rising costs, and strategy shifts reshape gaming.