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...
Record spending on artificial intelligence by America’s tech giants has reportedly eaten into their cash flow. Big Tech is investing a record $725 billion in...
Microsoft is taking a platform approach to artificial intelligence. During the tech giant’s third quarter 2026 earnings call Wednesday (April 29), leadership laid out their...
Amazon and Anthropic have announced an expanded partnership that Amazon CEO Andy Jassy said reflects his company’s progress in making chips, and that Anthropic CEO...
Nvidia CEO Jensen Huang said Wednesday (March 4) that the company’s opportunity to invest $100 billion in OpenAI is “probably not in the cards” because...
OpenAI has reportedly told investors its compute costs could approach $600 billion by the decade’s end. That’s according to a report Friday (Feb. 20) by...
OpenAI’s latest round of funding could reportedly value the startup at more than $850 billion. The ChatGPT creator is close to concluding the initial phase...
Anthropic is reportedly close to finalizing a $20 billion-plus funding round. The round could close in the next few days and would value the artificial...