The Tiger Global Management megafund that made more than 200 investments during the peak of the pandemic-era startup boom was ...

Klarna, the Swedish buy-now pay-later fintech firm, is pulling back on AI as a replace for customer service staff. In an interview with Bloomberg , CEO Sebastian Siemiatkowski said Klarna’s emphasis ...

Rippling has raised $450 million in a round valuing the payroll company at $16.8 billion including the investment, bringing in new investors Goldman Sachs, Singaporean sovereign wealth fund GIC and ...

The U.S. Treasury Department is reviewing Silicon Valley venture capital firm Benchmark’s recent investment in the Chinese startup behind the hit artificial intelligence agent Manus, Semafor reported.

Google has settled a data privacy lawsuit with the state of Texas with a payment of $1.375 billion, the state’s attorney-general, Ken Paxton, announced on Friday. Paxton said Texas had sued Google in ...

OpenAI CEO Sam Altman on Thursday told a U.S. Senate committee that the U.S. government doesn’t need to set standards for how AI should be developed, Politico reported . The comments appear to diverge ...

Lawyers for Elon Musk asked the court overseeing his breach of charitable trust lawsuit against OpenAI to throw out the ChatGPT maker’s countersuit, which alleged that Musk had engaged in unfair ...

President Donald Trump said in a social media post Friday that an 80% tariff on imports from China “seems right,” signaling his support for a sharp reduction from the current 145%. Trump’s remark ...

OpenAI’s decision on Monday to change course on its corporate restructuring looks to be a smart business choice. OpenAI has ...

Fidji Simo, the chief executive of Instacart and newly-appointed CEO of Applications at OpenAI, will step down from her position on OpenAI’s board of directors, a company spokesperson confirmed. Simo ...

As OpenAI seeks to overhaul its corporate structure, it also expects to slash the revenue share Microsoft receives by at least half by decade’s end, The Information reported . Microsoft, whose servers ...

Warner Bros. Discovery’s revenues fell 10% in the first quarter, while net income dropped by about half, as growth in streaming was more than offset by sharp declines in WBD’s traditional cable TV ...