In 2022, Faire became one of the most highly priced e-commerce startups, with a valuation of $12.6 billion, as the online ...

When Nvidia CEO Jensen Huang in March said his company would release hardware that lets an AI data center chip send ...

Elon Musk’s xAI sued Apple and OpenAI on Monday, accusing the companies of colluding to squash competition in artificial intelligence. The suit accuses the companies of working together to steer users ...

Marketing software firm Klaviyo told employees it would restructure its R&D organization, according to an internal memo reviewed by The Information. As part of the shakeup, Klaviyo is laying off less ...

Elon Musk’s xAI changed its corporate structure to end its status as a Nevada public benefit corporation, which would have required the company to disclose information about its environmental and ...

In 2020, Tesla CEO Elon Musk promised to completely rework his processes and release a cheap electric vehicle for the masses. That sent rivals scurrying, especially to keep up with his vow to stop ...

The European Union is speeding up plans for a digital euro, ramping up the push following the passage of stablecoin legislation in the U.S., the Financial Times reported. Stablecoins are ...

Anthropic is in talks to raise as much as $10 billion, double the amount it was previously seeking, according to two people with knowledge of the matter. The company has been in fundraising ...

Snowflake CEO Sridhar Ramaswamy isn’t impressed that archrival Databricks, which is privately held, is raising a new funding round from existing investors at a valuation of more than $100 billion. In ...

Cloud security firm Netskope, the latest enterprise software firm to prepare a public offering, showed sales that grew 31% to $171 million in the quarter that ended in July. The newly unveiled IPO ...

Before its unsolicited offer to buy Google’s Chrome for $34.5 billion on Tuesday, Perplexity had been quietly exploring acquisitions of smaller browser startups, The Information reported . Earlier ...

The very final part of America’s trade deal with the European Union has been delayed by the EU’s desire to continue forcing tech companies to more actively police their sites. The US and the EU had ...