Rillet has raised $100 million in Series C funding at a $1 billion valuation, making the two-year-old AI accounting startup a unicorn. ICONIQ led the round, which included returning investors Sequoia ...

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 ...

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 ...

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 ...

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 ...

SpaceX is acquiring Anysphere, the San Francisco-based startup behind AI coding assistant Cursor, in an all-stock transaction valued at $60 billion, the companies disclosed in a securities filing on ...

Anthropic obtained a $2.5 billion revolving credit facility with a five-year term from a syndicate of major global banks. The facility provides Anthropic with flexible funding to advance AI research, ...

Anthropic is rolling out voice mode for Claude Code, its AI coding assistant, allowing developers to issue commands via speech by typing /voice and holding the spacebar The feature is currently ...

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 ...

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 ...

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 ...

The Trump administration and OpenAI are negotiating a deal that would give the U.S. government a direct equity stake in the AI startup, according to multiple reports confirmed by President Donald ...