Artificial intelligence startup Perplexity is targeting a $20 billion valuation in its latest funding round, marking a $2 billion increase from July. The company also made a $34.5 ...
OpenAI introduces GPT-5, a groundbreaking AI model with expert-level intelligence, enhanced memory, and superior performance across various domains, now available in ChatGPT produc...
TCS announces salary hikes for 80% of its employees while planning to lay off 12,000, as part of its strategy to become a future-ready organization. The salary adjustments will be ...
Baidu Inc. is preparing to introduce a new reasoning model by August's end, aiming to compete with AI giants like OpenAI and DeepSeek. Additionally, an upgraded version of its core...
OpenAI CEO Sam Altman hints at a major AI upgrade this week, possibly the launch of GPT-5, promising significant advancements in AI capabilities.
ElevenLabs, known for AI voice generation, launches Eleven Music, a service for creating custom AI-generated music, with partnerships for ethical AI training and safeguards against...
Samsung Electronics establishes InnoX Lab, an AI task force under its DX unit, aiming to revolutionize operational models, automation, and humanoid robotics, amidst financial chall...
Meta Platforms Inc. is in talks with AI video startups Pika and Higgsfield for potential collaborations, acquisitions, or licensing deals to boost its video creation and editing te...
Elon Musk's xAI Corp announces its plan to sign the EU's AI Code of Practice, emphasizing safety and security while voicing concerns over innovation and copyright. Google also join...
Cerebras Systems is in talks to raise $1B in private funding, potentially delaying its IPO. Known for the WSE-3, the world's largest AI chip, the company continues to push the boun...
Fitch Ratings predicts sustained high levels of US corporate capital spending through 2026, fueled by AI demand, energy needs, and executive orders, with the utility sector seeing ...
Tata Consultancy Services (TCS) plans to lay off 12,000 employees, targeting middle to senior management, amid global economic and AI-driven changes. Support includes compensation ...
Elon Musk discusses the balance of control he believes is necessary to guide Tesla effectively, expressing concerns over his current stake and the potential for activist shareholde...
President Donald Trump announces the US's determination to lead the global AI race, warning against foreign competition and emphasizing the importance of common sense in intellectu...
Composio, a San Francisco-based AI infrastructure startup, has raised $25 million in Series A funding led by Lightspeed Venture Partners. The startup, founded by Soham Ganatra and ...
Meta Platforms Inc. has hired three AI researchers from Google DeepMind, enhancing its AI team. The researchers, involved in Google's Gemini model, bring expertise that could signi...
Elon Musk's xAI is seeking an additional $12 billion for expansion, marking a significant step towards advancing artificial intelligence. This move could have profound implications...
AstraZeneca PLC plans a $50 billion investment in the US by 2030, focusing on a new AI-driven drug manufacturing facility in Virginia and expanding R&D centers nationwide. This str...
Elon Musk announces 'Baby Grok', a kid-friendly app by xAI, aimed at providing safe and engaging content for children. This move highlights Musk's focus on AI applications in educa...
Nvidia Corporation expresses its willingness to deepen AI cooperation with Chinese partners, as discussed during a meeting at the China International Supply Chain Expo, highlightin...
President Trump unveiled a $92 billion investment by 20 leading tech and energy firms in Pennsylvania, aimed at advancing AI and energy infrastructure, marking it as a historic ach...
Paytm founder Vijay Shekhar Sharma discusses the inevitable impact of AI on jobs, highlighting both the challenges and opportunities it presents. Despite current job cuts, Sharma e...
Amazon is considering a multibillion-dollar investment in AI company Anthropic to enhance its position in the artificial intelligence market, aiming to compete with Google and Micr...
OpenAI Inc. is set to announce a new Stargate project data center in the UAE, potentially opening next week, as part of a $500 billion global AI infrastructure expansion.
Elon Musk requests a federal judge to dismiss or delay OpenAI's counter-lawsuit, accusing the nonprofit of betraying its mission. OpenAI responds by criticizing Musk's $97 billion ...
Exploring the transformative power of Human and AI collaboration in the future workplace, highlighting the synergy between human creativity and AI's analytical capabilities across ...
Microsoft announces five digital commitments in Europe, focusing on AI, cloud ecosystems, cybersecurity, and digital resilience, while advocating for stronger trans-Atlantic econom...
Meta Platforms Inc. has launched its first personalized AI assistant using the advanced Llama 4 model, showcasing a major advancement in AI technology and user experience.
Sarvam AI, supported by Lightspeed venture capital and the Indian government, is set to develop India's first AI platform in six months, aiming to compete globally with large langu...
Sarvam AI is set to receive a Rs 220 crore grant from the IndiaAI Mission, marking a significant step towards developing indigenous large language models. The funding includes acce...
Anthropic PBC predicts the deployment of fully autonomous AI workers by next year, highlighting the need for enhanced security measures to address the challenges of sensitive data ...
Nvidia's shares dropped over 7% after warning of a $5.5 billion loss due to US export restrictions on high-end chips to China, as revealed in an SEC filing. The stock fell to $112....
