xAI recorded $1.46Bn quarterly loss, burnt through $8Bn in first nine months of 2025, reveals Bloomberg report

Elon Musk’s AI firm xAI looks to be burning cash at an…

Ellison guarantee fails to win over Warner Bros. board, Paramount offer rejected again

Warner Bros. Discovery (WBD) has once again urged shareholders to reject Paramount…

xAI says it has raised a staggering $20Bn in Series E fundraise

Elon Musk’s AI company xAI, has closed a $20 billion funding round,…

Nvidia unveils Rubin platform at CES 2026, set for global rollout later this year

Nvidia used the Consumer Electronics Show (CES) in Las Vegas to formalize…

Grok admits safeguard failures, faces increased scrutiny for generating sexualised images of women and minors

While Musk presented ‘Grok’ as a no-holds-barred alternative to other AI models…

OpenAI accelerates push into advanced Audio AI as it prepares to launch an audio device next year

ChatGPT-maker OpenAI is starting the new year with a renewed focus on…

SoftBank completes $40bn investment in OpenAI, acquiring 11% stake in the process

SoftBank is ending the year with the completion of its long-anticipated investment…

Meta deepens AI Agent play with $2Bn acquisition of Manus

Social media parent Meta has now scooped up Manus, a developer of…

Nvidia completes $5Bn investment in Intel that will result in co-developed AI chips

Intel has completed the sale of 214.78 million common shares to chipmaking…

Chinese Space startup LandSpace starts testing reusable rockets

China is now making a bid into the reusable rocket sector, and…

Google is testing username change in Gmail

For a long time, once users decided on their Gmail username —…

Beijing shifts state venture capital focus towards semicon and deep tech with large new VC funds

China has launched three state-backed venture capital funds with a combined size…

Nvidia gears up to resume AI chip sales to China from 2026

Nvidia is preparing to start the upcoming year with a resumption in…

Waymo resumes service after citywide power outage causes suspensions in SF

A widespread power outage in San Francisco on Saturday exposed a dependency…

Apple to add more ads to App Store search results from 2026

Apple is bringing in more ads when you search within the App…

Amazon to cut 370 Jobs at Luxembourg headquarters

E-commerce behemoth Amazon is reportedly looking to cut short workforce at its…

Lightspeed raises record $9Bn across funds to double down on AI bets

Global venture capital firm Lightspeed Venture Partners has raised more than $9…

Google advances deep research with Gemini 3 Pro launch, on the heels of OpenAI’s GPT 5.2 launch

Google is now amping up the AI competition against its rivals –…

OpenAI and Adobe partner to integrate Photoshop, Acrobat, and Express into ChatGPT

Adobe has begun natively integrating key capabilities from Photoshop, Acrobat, and Adobe…

Nexus Venture Partners raises $700 million Fund VIII with focus on AI, consumer-tech

India VC veteran Nexus Venture Partners has closed Fund VIII, a new…