Apollo Global Management is investing in startups focused on artificial intelligence and the related hardware and plans to lend them money in the future, The...
U.S. business investment is reportedly on pace to increase three times faster than in Europe. That’s according to a report Monday (Aug. 24) by the...
Artificial intelligence (AI)-related developments could be driving around one-third of America’s economic growth. That’s according to a report Tuesday (Aug. 4) from the Wall Street...
Venture capital group Index Ventures has raised $2 billion, giving it $3.5 billion in total capital. Index said the new funding, announced last week, will...
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. That’s according to a report Saturday (July 25) from Bloomberg News, which...
Google parent Alphabet last week reported an 82% increase in cloud computing revenue. Investors, however, were more concerned with the company’s artificial intelligence spending, Bloomberg...
American tech companies have cut close to 140,000 jobs this year amid record artificial intelligence spending. Those reductions account for more than a third of...
Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. “The AI build-out ranks among...