Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said. The talks are in the early stages, and xAI’s valuation could rise or fall…
Donald Trump is the face of these cuts, but the cruelty of his administration is not the only story. After leaping upward in the 2000s, global giving for health grew very slowly through the 2010s. The culture of philanthropy has changed somewhat, too, with the age of the Giving Pledge — in which hundreds of…
OpenAI said late Wednesday that it hired Fidji Simo, the chief executive of Instacart, to take on a new role running the artificial intelligence company’s business and operations teams. In a blog post, Sam Altman, OpenAI’s chief executive, said he would remain in charge as the head of the company. But Ms. Simo’s appointment as…
Uber appears to be powering through the tumult of the global economy, despite fears that consumers are skimping on rides and deliveries. The company said on Wednesday that it had $11.5 billion in revenue in its most recent quarter, up 14 percent from a year earlier and slightly below Wall Street investors’ expectations. Its total…
Artificial intelligence software has given editing tools a huge boost in power, far beyond the spell-checkers and grammar aids of yore. A.I. can proofread, rewrite, summarize and compose text, making it simple to craft clean, complex documents in a flash — even on a smartphone. If you haven’t dabbled yet, free offerings from Apple and…
Google’s chief executive, Sundar Pichai, told a federal judge on Wednesday that a government proposal to break up the company would hobble the business, as he aimed to stave off drastic changes to fix an illegal monopoly in online search. Judge Amit P. Mehta of the U.S. District Court for the District of Columbia ruled…
When I travel to Asia this summer, I plan to leave my iPhone at home. Instead, I’ll pack a different phone lacking my staple apps, like Instagram, Slack and Signal. It won’t even be logged in to my work email. No, I’m not planning a digital detox. I’m choosing to travel with what’s known as…
Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what one industry analyst called “the largest infrastructure build-out that humanity has ever seen.” But after 10 consecutive quarters of increased spending for artificial intelligence, the company has tapped on the brakes, according to…
As President Trump’s tariffs have upended global trade, many eyes have been on Silicon Valley and how the biggest tech companies — including Meta — intend to weather the storm. On Wednesday, Mark Zuckerberg, Meta’s chief executive, told investors he had a plan. In a quarterly earnings call, Mr. Zuckerberg said his company, which owns…
A federal judge ruled on Wednesday that Apple must loosen its grip on its App Store and stop collecting a commission on some app sales, capping a five-year antitrust case brought by Epic Games that aimed to change the power that Apple wields over a large slice of the digital economy. The judge, Yvonne Gonzalez…
