News

There were no August vacations for bankers who do data center financing deals.At the start of the month, Meta reached a deal ...
For nearly as long as Evan Spiegel has run Snap Inc., his big bet has been on Spectacles, the company’s augmented reality ...
Snap, the parent of social media app Snapchat, is discussing raising money from outside investors for its augmented reality glasses, known as Spectacles, The Information reported Friday . It hasn’t ...
Meta Platforms and Midjourney, a startup that develops artificial intelligence models for generating images and videos, on Friday announced a partnership. As part of the arrangement, Meta will license ...
The rise of artificial intelligence has turned the software industry into a minefield for investors. To address the risks, ...
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 ...
Apple is in discussions with Google about using its Gemini artificial intelligence model to power an improved version of Siri. Google has begun training an AI model that could run on Apple’s servers, ...
TikTok is planning to lay off hundreds of staff in London working on content moderation and security as it outsources more of these efforts to artificial intelligence, The Financial Times reported. U.
OnlyFans’ revenue is still growing, but not at the same rapid pace as recent years. Revenue rose 9% to $1.4 billion for the year ending in November 2024 compared to the prior year, according to a U.K.
Nvidia has told some of its component suppliers to suspend production work related to the H20, its chip tailor-made for the Chinese market, The Information reported. The directive comes weeks after ...
Elon Musk talked with Mark Zuckerberg about Meta Platforms potentially backing Musk’s $97 billion bid for OpenAI’s assets, according to a legal filing. While Meta and Zuckerberg did not sign onto Musk ...
Japanese financial services conglomerate SBI Holdings is teaming up with Singapore blockchain firm Startale Group to build a new trading platform for tokenized stocks—digital assets backed by shares ...