Airbnb has appointed entrepreneur Peng Tao as president of the company’s operation in China. Airbnb co-founder Nathan ...
Italian conglomerate Bending Spoons agreed to buy once high-flying productivity startup Airtable for $1.285 billion, a steep haircut to its last valuation of $11 billion in 2021. Founded in 2012, ...
Why is Anthropic driving its partners to speed up the $530 billion of data center leasing deals it has signed?It’s simple: ...
Coinbase said late Thursday that revenue rose 327% in the fourth quarter, to $2.5 billion, as trading volume and users shot up. The crypto exchange also posted a net income of $840 million during the ...
Fourth-quarter artificial intelligence funding is off to a big start with OpenAI locking in $6.6 billion in fresh capital ...
Chinese social media giant Kuaishou Technology said on Wednesday that its Kling AI video business reached an annualized revenue of about $500 million in March. Kling, which develops and sells AI video ...
In a move echoing recent U.S. antitrust measures, China has unveiled sweeping regulations to curb the monopoly power of tech platforms, sending shares of Alibaba, Tencent, Meituan and JD.com plunging.
On Monday, the President signed an executive order laying out his vision for a “Manhattan Project” for AI. The plan calls for ...
South Africa’s Naspers plans to sell $10 billion worth of shares in Tencent to raise money for other investments, it said on Thursday. This is the first time Naspers is selling shares in Tencent since ...
PDD Holdings’ revenue growth slowed and profits plunged in the first quarter, the Chinese e-commerce giant reported Tuesday, as U.S.-China trade tensions battered the company’s overseas discount ...
Apple has hired Miguel Tamayo, a longtime sports programming executive, to oversee sports documentaries for its Apple TV+ service, according to people familiar with the situation. Tamayo, who most ...
Meet Zach Frankel, the secretive investor behind Cognition, Ramp• Why techies are hoarding AI compute in their homes• Plus, Recommendations—our weekly pop culture picks: “Bram Stoker’s Dracula,” “The ...