Your Trusted Source for Global and Local News About Economy
Silicon Valley’s messiest breakup is definitely headed to court OpenAI and Microsoft tried to dodge a courtroom showdown with Elon Musk, but a federal judge on Thursday rejected their requests…
AI journalism startup Symbolic.ai signs deal with Rupert Murdoch’s News Corp The startup claims its AI platform can help optimize editorial processes and research. The startup claims its AI platform…
The AI lab revolving door spins ever faster AI labs just can't get their employees to stay put. AI labs just can't get their employees to stay put.
Taiwan to invest $250B in US semiconductor manufacturing The U.S. struck a trade deal with Taiwan as the country looks to help boost domestic semiconductor manufacturing. The U.S. struck a…
AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation Higgsfield says its on a $200 million annual revenue run rate. So it opened its previous Series A round…
Iran’s internet shutdown is now one of its longest ever, as protests continue Iran’s government-imposed internet shutdown enters its second week as authorities continue their violent crackdown on protesters. Iran’s…
The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that…
OpenAI invests in Sam Altman’s brain computer interface startup Merge Labs OpenAI is participating in a $250 million seed round into Merge Labs, Sam Altman's brain computer interface startup. The…
Wikimedia Foundation announces new AI partnerships with Amazon, Meta, Microsoft, Perplexity and others The AI partnerships allow companies to access the org's content, like Wikipedia, at scale. The AI partnerships…
US senators demand answers from X, Meta, Alphabet on sexualized deepfakes In a letter to the leaders of X, Meta, Alphabet, Snap, Reddit and TikTok, several U.S. senators are demanding…