French AI company Mistral AI forecasts revenue topping €1 billion by the end of 2026, CEO Arthur Mensch said at the World Economic Forum in Davos. The projection follows a September 2025 funding round ...

Klarna cut approximately 700 jobs and replaced them with AI-powered solutions between 2022 and 2024. CEO Sebastian Siemiatkowski publicly admitted that the AI-driven transition negatively affected ...

Stellantis shares on the Milan exchange were halted from trading Friday after a 14.4% drop, triggered by the automaker's announcement of €22.2 billion ($26.5 billion) in impairment charges for the ...

Block Inc. announced Thursday that it will lay off more than 4,000 employees, reducing its workforce by nearly half as the fintech company restructures around artificial intelligence and a leaner ...

OpenAI has revised its financial projections upward for revenue while sharply increasing expected cash burn to $665 billion through 2030, an additional $111-112 billion from prior forecasts, driven by ...

Fluidstack, a startup building specialized data centers for AI companies, is negotiating a $1 billion funding round at an $18 billion valuation, according to reports citing sources familiar with the ...

Sequoia Capital has raised roughly $7 billion for its expansion strategy fund, marking the firm's largest in this category and its first major raise under new leadership. The fund doubles the size of ...

Broadcom reported record first quarter fiscal 2026 results, posting revenue of $19.3 billion that exceeded analyst forecasts and drove a 29% year-over-year increase, as demand for AI semiconductors ...

Qualcomm Technologies Inc. announced the Snapdragon Wear Elite platform on Monday at MWC 2026 in Barcelona, targeting premium AI-powered wearables such as smartwatches, screenless glasses and pendants ...

Amazon, Alphabet, Meta and Microsoft expect to record between $720 billion and $745 billion of capital expenditures in 2026, based on their latest guidance. The range combines Amazon’s approximately ...

Google reported during its Q4 2025 earnings call that the Gemini app has surpassed 750 million monthly active users, marking growth of 100 million from the previous quarter. The increase follows the ...