Your Trusted Source for Global and Local News About Economy
Palantir is reportedly helping the IRS investigate financial crimes The IRS has used Palantir's software since at least 2018, The Intercept reports. The IRS has used Palantir's software since at…
Cohere acquires, merges with German-based startup to create a ‘transatlantic AI powerhouse’ Cohere, the Canada-based AI company that makes AI tools for businesses in regulated industries, announced Friday it would…
Two college kids raise a $5.1 million pre-seed to build an AI social network in iMessage Series, a social networking app that's grown popular on college campuses, announced a $5.1…
Meta’s loss is Thinking Machines gain Meta has been poaching talent from Thinking Machines Lab. But it's a two-way street. Meta has been poaching talent from Thinking Machines Lab. But…
X-energy stock pops 27% on first day of trading following upsized IPO Investors flocked to nuclear power startup X-energy in its first day of public trading on the Nasdaq. Investors…
ComfyUI hits $500M valuation as creators seek more control over AI-generated media ComfyUI, whose tools give creators more control over AI image, video, and audio generation, just raised $30M. ComfyUI,…
X launches standalone XChat app on iOS X's new app promises private chats, disappearing messages, audio and video calls and more. X's new app promises private chats, disappearing messages, audio…
Google to invest up to $40B in Anthropic in cash and compute Google plans up to $40B investment in Anthropic as AI rivals race to secure massive compute capacity, following…
Marked-up Mac minis flood eBay amid shortages driven by AI Apple’s sold-out Mac mini is spawning marked-up eBay listings as demand surges for the compact desktop, now favored for running…
Nuclear startup X-energy raises $1B in data center-driven IPO Amazon-backed X-energy was able to raise around 20% more money in its IPO as demand for nuclear power surges. Amazon-backed X-energy…