For big tech, business is booming. That’s good, because their costs are also skyrocketing. Microsoft and Meta Platforms both ...

Artificial intelligence was the star of Meta Platforms’ second-quarter earnings call on Wednesday.Meta’s long-term path to ...

Figma priced its IPO at $33 a share on Wednesday, giving it a $19.3 billion valuation on a fully-diluted basis, and making it one of the most valuable company backed heavily by venture capitalists to ...

Microsoft’s revenue growth accelerated to 18% in the three months ending in June, driven by stronger-than-expected sales in its Azure cloud computing unit, the company said on Wednesday. Revenue in ...

Meta Platforms on Wednesday reported second-quarter revenue of $47.5 billion, up 22% from a year earlier. That exceeded its own forecast of $42.5 billion to $45.5 billion, showing the strength of its ...

Before we get to today's column, my colleague Valida and I reported Tuesday that Canadian AI model maker Cohere is in talks ...

Apple officially responded to the U.S. Department of Justice’s antitrust lawsuit, saying the agency’s case seeks to “degrade the privacy and security benefits of iPhone” and would “eliminate” the ...

Amazon is taking steps to keep other companies’ artificial intelligence shopping tools from swarming its e-commerce site. In ...

Palo Alto Networks will buy the login software firm CyberArk for $25 billion, the companies announced on Wednesday. CyberArk, a publicly traded startup based in Israel, sells software for verifying ...

Amazon will pay the New York Times between $20 million and $25 million in cash each year to license its content for AI, the Wall Street Journal reported . That sum is equal to roughly 1% of the ...

The judge overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI struck down 16 of OpenAI’s 55 defenses on Tuesday, ruling that OpenAI “inappropriately asserted an excessive number ...

Cerebras Systems, a startup that is developing artificial intelligence chips to challenge Nvidia’s, is in talks to raise up to $1 billion in private funding, potentially delaying a plan to go public ...