Sam Altman has sparked debate in the startup world after reportedly offering $2 million worth of OpenAI tokens to every startup in the current Y Combinator batch
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Musk said that the company is looking for “world-class engineers and physicists,” and that the applicants don’t need to have prior experience in AI
Acrisure plans 2,250 layoffs through 2027 as AI and automation reshape operations, impacting nearly 11% of its workforce.
Meta layoffs impact 8,000 employees as Mark Zuckerberg addresses uncertainty, AI competition, and restructuring efforts in company-wide memo.
Manus founders seek $1 billion to reclaim startup after Chinese regulators forced Meta to unwind its controversial AI acquisition.
Deal splits Vox Media operations while strengthening Murdoch’s position in digital journalism and podcasting businesses.
AI hype masks rising losses, infrastructure burdens, liquidity risks, signaling caution as tech valuations approach unsustainable extremes.
OpenAI is reported to file confidential IPO filing plans as investor interest in artificial intelligence companies.
Intuit cuts 3,000 jobs as AI investments expand across QuickBooks, TurboTax, Mailchimp and Credit Karma operations globally.
Iconic Las Vegas restaurant Heart Attack Grill closes after rising costs, declining tourism and years of controversy over unhealthy branding.
Jeff Bezos says successful businesses create greater societal value than philanthropy, while Elon Musk backs his controversial viewpoint.
US indicts Chinese container firms and executives over alleged price-fixing conspiracy that disrupted global trade during the supply crisis.
Schlitz Beer production ends after 177 years as rising costs and changing consumer habits challenge America’s historic brewing brands.
Amazon faces backlash after 33,181 H-1B certifications surfaced despite 30,000 layoffs, reigniting debate over foreign hiring practices.
SEC proposes major IPO rule overhaul easing compliance norms, aiming to revive public listings and boost Wall Street activity.
Meta lays off 10% workforce, offers expanded severance as company restructures teams and boosts massive AI investments globally.
Anthropic hires OpenAI co-founder Andrej Karpathy, intensifying AI industry competition as leading firms race for top research talent.
Wadhwani Foundation and Gates Foundation partnered to expand India’s innovation ecosystem through research commercialization, startups, healthcare technology, and AI collaboration.
Inter IKEA, which franchises the Swedish furniture brand, is laying off 850 workers as part of a cost-cutting move
Meta detailed its layoffs plan for May 20 in a memo shared with employees on Monday, as the company accelerates its push into artificial intelligence
Standard Chartered plans over 7,000 job cuts worldwide as the bank accelerates artificial intelligence adoption and automation initiatives.
Google and Blackstone launch $5 billion AI infrastructure venture targeting cloud computing, data centers and growing enterprise AI demand.
Elon Musk plans appeal after jury rejects OpenAI lawsuit, ruling claims against Altman and Microsoft were filed too late.
NextEra’s $66.8B Dominion acquisition creates America’s largest regulated utility amid soaring AI-driven electricity demand
Announced at the SelectUSA Investment Summit, the hub aims to drive Indian innovation into Silicon Valley.