AI in business: funding rounds, acquisitions, market trends, and enterprise adoption.
534 articles
The e-bike industry is facing a major shakeout, with several VC-backed companies collapsing while bootstrapped Lectric eBikes enjoys its biggest month ever.
Reid Hoffman is leaving Microsoft’s board to focus on his AI drug discovery startup, Manus. His departure marks a shift from corporate governance to hands-on entrepreneurship.
EU trade commissioner Maroš Šefčovič proposes a new diversification instrument to reduce Europe's reliance on Chinese suppliers for chips and rare earths.
U.S. officials are reportedly considering government stakes in leading AI companies, signaling a potential shift in how the federal government approaches the fast-evolving AI landscape.
Broadcom CEO Hock Tan has stepped back from M&A as AI revenue surges, signaling a strategic pivot toward internal growth and innovation.
Switch, a Las Vegas-based data-center developer, is in talks to raise funds at a potential $50 billion valuation, reflecting strong investor demand amid the AI and cloud computing boom.
Walmart has begun limiting use of its internal AI assistant, Code Puppy, due to unexpectedly high resource demands and costs. The move reflects a growing trend of enterprises balancing AI innovation with financial realities.
Elon Musk's wealth continues to surge as Tesla and SpaceX deliver strong performance, bringing him closer to the trillion-dollar milestone.
Apple's App Store generated $1.4 trillion in sales last year, with 90% of transactions occurring without a commission. The company reported $149 billion in digital goods sales, highlighting the platform's continued strength.
Kevin O'Leary has agreed to halve the size of his planned 40,000-acre data center in Utah after facing mounting pressure from residents and environmental activists.
Revolut’s co-founder and first employee, Vlad Yatsenko, is stepping down as CTO ahead of the company’s $200 billion IPO. His departure marks a significant leadership transition as the fintech giant prepares for its public offering.
Ramp has raised $750 million in Series F funding, valuing the company at $44 billion, as it positions itself at the forefront of AI-driven corporate finance tools.
