Samsung Electronics is in advanced talks to invest in Perplexity AI, aiming to integrate its search technology into future devices and enhance Bixby. This move could redefine user experience on Samsung products.
In a stunning move, OpenAI announces its acquisition of Jony Ive's company io for $6.5 billion. Investors like Klarna's CEO share their excitement over the lucrative deal, revealing their stakes in the AI venture.
In a bold move, Microsoft has announced the layoff of 7,000 employees, approximately 3% of its workforce, as part of a strategic pivot towards AI investments. This decision is intended to optimize resources and bolster the company’s AI-centric initiatives, amid discussions about potential further layoffs.
As Meta prepares for its earnings release, all eyes are on CEO Mark Zuckerberg and the company’s AI investments amidst market challenges and the looming FTC trial. Will they meet investor expectations?
Google's fate hangs in the balance as it enters the final phase of an antitrust trial that could result in its breakup, challenging the very foundation of its dominance in the tech world.
CoreWeave's IPO faces challenges as it opens below the expected price amidst fears of market volatility and reliance on major clients like Microsoft. With a historic listing, will this affect the future of AI investments?
Honor announced a staggering $10 billion investment in AI at MWC 2024, aiming to evolve into an AI device ecosystem. This move comes with a new partnership with Google and promises innovative technologies.