Amazon and Meta Platforms both said in securities filings last week that they expect their U.S. taxes to drop as a result of President Trump’s tax act, which restores companies’ right to accelerate ...

Microsoft’s market capitalization briefly exceeded $4 trillion for the first time on Thursday after the company reported better-than-expected cloud growth in the three months ending in June, before ...

Anthropic cut off OpenAI’s access to Claude through Anthropic’s application programming interface on Friday. The company said the move was because OpenAI was “using our coding tools ahead of the ...

OpenAI has secured $8.3 billion of new commitments from investors such as hedge funds Dragoneer, Altimeter Capital and D1 Capital Partners, exceeding its earlier goal of $7.5 billion, according to a ...

Apple held a rare companywide all hands meeting on Friday to discuss the company’s investments in artificial intelligence and other topics. CEO Tim Cook struck a confident tone about Apple’s future in ...

Nvidia and Alphabet’s growth investing arm CapitalG are in talks to invest in Vast Data, a cloud storage and database provider whose flash storage-based products are gaining traction with AI firms, at ...

Spotify executives on Tuesday signalled that the departure of its ad chief, Lee Brown, on Monday was in response to their unhappiness with the speed of changes with the company’s ad business. In a ...

Klarna, the Swedish installment lender, is considering reviving its potential New York initial public offering as soon as September as shares in U.S. fintech companies surge, Sky News reported .

Tesla was partially to blame for a fatal crash involving its self-driving software, a federal court jury in Florida found on Friday, according to several news reports from the courtroom. Tesla will ...

Vast Data, an AI software and storage startup, is in talks to raise billions in funding from Nvidia and Alphabet’s growth-stage venture arm CapitalG, Reuters reported . The new funding round could ...

Shein’s revenue reached nearly $10 billion in the first quarter of this year, Bloomberg reported , with net income of more than $400 million. That helped boost the fast-fashion giant’s profit margins ...

CoreWeave secured $2.6 billion in debt to help it purchase equipment for its contract with OpenAI, the server rental company said Thursday. The loan facility gives CoreWeave access to more capital as ...