Business

AI start-up Anthropic is preparing to raise between $3 billion and $5 billion in a new round led by Iconiq Capital, Bloomberg reported on July 29. The deal will value the company at $170 billion. The valuation marks a sharp rise, nearly tripling in four months, and positions Anthropic alongside major private technology companies like

It’s only been a few months since Meta poured $14.3 billion into Scale AI, appointing CEO Alexandr Wang and several senior leaders from the startup to oversee Meta Superintelligence Labs (MSL). Yet signs of strain are already emerging in the partnership. One notable change came quickly: Ruben Mayer, formerly Scale AI’s Senior VP of GenAI

Google is racing ahead of Apple with the launch of its Pixel 10 series, introducing AI-powered smartphones just weeks before the expected iPhone 17 release. Unlike Apple’s anticipated incremental updates, Google is heavily integrating AI into its devices. The Pixel 10 builds on last year’s Pixel 9 AI features, including Gemini Live, image generation tools,

Meta has chosen Louisiana as the location for its largest data center to date, striking an agreement with Entergy to power the massive facility using three natural gas plants. On Tuesday evening, state regulators gave approval to Entergy’s construction plans. The plants are slated to begin operations in 2028 and 2029, delivering up to 2.25

OpenAI has asked Meta to provide documents concerning any discussions or coordinated plans with Elon Musk and his company xAI regarding a possible acquisition or investment in the ChatGPT-maker. The request was revealed in a legal filing Thursday, part of Musk’s ongoing lawsuit against OpenAI. According to the filing, OpenAI’s legal team subpoenaed Meta in

In a move that would send shockwaves through the global tech community, sources close to Meta confirm that the social media and AI giant has interest in Michael Koch, CEO of HubKonnect, to join the new initiative aimed at building what insiders are calling a “Super Intelligence Lab.” Koch, widely regarded as one of the