When companies typically go public, they appoint one or two investment banks to oversee everything—from valuing the company ...

Former Uber CEO and cofounder Travis Kalanick is preparing to launch a new robotics and self-driving car company with major backing from the ride-hailing giant, according to several people familiar ...

The judge overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI said the court would not throw out testimony from Musk’s damages expert that OpenAI should pay Musk up to $109 ...

Meta Platforms is planning layoffs that could affect 20% or more of the company, Reuters reported Friday. The cuts would offset high costs of artificial intelligence spending and prepare for ...

A venture firm just said the quiet part out loud: Things aren’t as copacetic in startup land as those sky-high AI valuations would suggest. Lux Capital on Tuesday published a letter it had sent to ...

Andreessen Horowitz and Kleiner Perkins are co-leading an investment in Mirendil, a new AI startup started by ex-Anthropic researchers, The Information reported on Friday. The startup is in talks to ...

The Trump Administration will get $10 billion in payments from investors in a company designed to safeguard the user data of U.S.-based TikTok users, The Wall Street Journal reported. Investors in the ...

Former Anthropic researchers are in talks to raise $175 million at a $1 billion valuation for a new startup that aims to conduct AI-driven research and development for scientific fields such as ...

A memecoin linked to Donald Trump jumped more than 50% after promoters advertised an exclusive event for top holders of the $Trump cryptocurrency at Mar-a-Lago that promised the President’s attendance ...

Weapons maker Anduril expects to roughly double revenue this year to about $4.3 billion, while its operating loss would rise by nearly half to $1.2 billion, according to confidential financial figures ...

Amazon Web Services is working with AI chip startup Cerebras Systems on a new service that aims to boost the performance of AI applications running in the cloud. The service, which is launching in the ...

Elon Musk’s xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding, according to a ...