Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to ...

Amazon is preparing to cut as many as 30,000 corporate jobs beginning this week, Reuters reported Monday. The cuts are meant to help compensate for overhiring during the pandemic and to cut expenses, ...

Shares in Qualcomm soared more than 12% after the semiconductor company said it would make artificial-intelligence chips and struck a deal to provide them to Saudi Arabia’s Humain. The announcement on ...

Forge Global, a publicly traded platform for trading stakes in privately held startups, is exploring a sale, the Financial Times reported. Shares of Forge Global jumped more than 13% on Monday. The ...

Another day, another chip company-A deal. This time, it’s Qualcomm, best known for its mobile phone chips (such as the modem in most iPhones). What Qualcomm is not known for is selling chips for data ...

As artificial intelligence models improve, the companies developing them are seeking more sophisticated ways to measure how ...

Chinese artificial intelligence startup MiniMax launched a new open-source large language model on Monday whose performance is ranked the highest among such models on some leaderboards. The new model, ...

Treasury Secretary Scott Bessent said Sunday that President Donald Trump and China’s leader, Xi Jinping, could this week “consummate” a long-anticipated deal to keep TikTok operating in the U.S., as ...

Google is investigating a security breach involving a contractor who took nearly 2,000 screenshots and sensitive internal files related to the Google Play store, The Information reported. The ...

Andreessen Horowitz general partner Anjney Midha is launching AMP, a new venture to provide “compute and capital to frontier AI teams.” Midha, The Information reported. Midha, who previously helped ...

SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is ...

Artificial intelligence chip startup SambaNova Systems is exploring a sale after it was unable to complete a fundraising round, The Information reported. The Palo Alto, Calif., company, last valued at ...