Meta Lays Off 8,000 Employees as It Begins AI Restructuring Across Global Operations
Meta has started laying off about 8,000 employees across its global operations as part of a restructuring linked to its ...
Meta has started laying off about 8,000 employees across its global operations as part of a restructuring linked to its ...
OpenAI will establish its first Applied AI Lab outside the United States in Singapore, backed by a commitment of more ...
SoftBank has scaled back plans for a major loan backed by its OpenAI stake, lowering the target from $10 billion ...
SoftBank has secured a $40bn loan to back its growing investment in OpenAI, marking its largest dollar borrowing and a ...
The scale is smaller than earlier plans, but it follows internal discussions about deeper reductions
The markets in Nigeria are feeling the effects of global liquidity shifts, tech investment, and oil price volatility, and this ...
Anthropic said its annualised revenue has reached $14 billion. Its coding-focused product, Claude Code, accounts for more than $2.5 billion ...
This is its fourth straight quarterly increase, with earnings boosted by the value of its investment in OpenAI.
About 74% of January funding went to deals of $100 million or more, and 57% went to AI-related startups alone
After years of missed timelines, Tesla is asking the market not to judge it on car sales alone but on ...
The plan, which will begin construction in 2026, aims to add nearly 1.3 gigawatts of computing power, designed to enhance ...
Under the agreement, Anthropic will commit $30 billion to purchase Azure cloud services, including up to 1 gigawatt of compute ...
SoftBank delivers its strongest quarterly performance in history, with profit soaring to $16.6 billion on the back of record Vision ...
The new funding comes after Microsoft’s $1.5 billion equity investment in G42, Abu Dhabi’s sovereign AI company, last year, a ...
Meta’s push into artificial intelligence is accelerating — but investors aren’t all smiles.
