PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.
The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.
Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.
Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.
Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully plan to exploit it," Nadella said.
Tensions flared on the third day of trial in Musk v. Altman as OpenAI’s lawyers cross-examined Musk.
Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow.
Surprise! Fusion startup Zap Energy says it will be developing fission reactors alongside its fusion devices.
“I believe the technology was deployed too quickly in too vast amounts, with hundreds of vehicles, when it wasn’t really ready,” one police official told federal regulators last month.
Researchers show scammers are using AI-manipulated footage of celebrity interviews to trick users into sharing their personal data.
Aleksandra Mendoza, aka Alorah Ziva, alleges that the 20-year-old influencer injected her with drugs on a livestream and had nonconsensual sex with her while she was underage.
The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.