The tech world is a realm that enjoys obsessing over the newest things: the vibe coding apps, the orchestrating agents, the ...
Meta Platforms has cut equity-based awards for employees for the second year in a row, the Financial Times reported Thursday. The cuts come as the Facebook and Instagram owner continues an aggressive ...
Chipmaker AMD backstopped a $300 million loan Goldman Sachs provided to data center and cloud startup Crusoe so it could purchase the company’s AI chips, The Information reported . AMD agreed to rent ...
Blue Owl Capital limited redemptions from an investment vehicle that provides loans to private companies, sending its shares tumbling and pulling down those of other investment firms with large credit ...
OpenAI can shift some of its revenue-sharing payments to Microsoft to later years under the terms of the pair’s recently renegotiated partnership last fall, The Information reported Tuesday . This ...
OpenAI recently hiked its revenue outlook for the next five years, predicting that it would generate about 27% more than previously forecast from sales of its ChatGPT subscriptions, AI models, and ...
Figma shares soared as much as 16% in after hours trading Wednesday as the design software company reported a slight acceleration in fourth quarter revenue growth of 40%, up from 38% in the third ...
Benchmark on Tuesday said it had hired Jack Altman , the founder of early-stage firm Alt Capital and HR software company Lattice, as its fifth general partner. Benchmark—known for backing Uber and ...
Etsy said Wednesday that it has agreed to sell the clothing resale app Depop to eBay for roughly $1.2 billion. The sale, which is for less than the $1.6 billion Etsy paid for it five years ago, marks ...
Meta CEO Mark Zuckerberg testified in a Los Angeles courtroom for several hours on Wednesday morning, rebutting questions from lawyers for a young woman who has sued Meta and other tech companies ...
Perplexity is no longer offering ads, an executive told The Financial Times. The AI search startup is pulling back from this line of business as rival OpenAI started showing its users ads in ChatGPT ...
OpenAI confirmed that it hired Peter Steinberger, the founder of the popular open-source personal agent project OpenClaw. The company will also support a new foundation that oversees the existing ...
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