Browsing: billion

Artificial intelligence startup Cursor on Thursday announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation, nearly triple what it was…

Anthropic announced plans Wednesday to spend $50 billion on U.S. artificial intelligence infrastructure buildout, starting with custom data centers in Texas and New York.The facilities, which…

Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024.Akio Kon…

Millions of Americans are living in fear that they will go hungry due to potential delays in SNAP food assistance benefit payments, even after a federal…

As reported by the The Wall Street Journal, ailing games publisher EA is set to go private⁠—that is, no longer be traded on the stock market⁠—in…

The Amazon Prime logo is displayed on the side of an Amazon delivery truck in Richmond, California, on June 21, 2023.Justin Sullivan | Getty ImagesAmazon will…

Nvidia said it will invest $5 billion in Intel as part of a deal to co-develop data center and PC chips with the troubled chipmaker, which…

Video game companies still sell millions of physical copies of games every year, but that’s not where they make the bulk of their money. As Sony’s…

Anthropic has agreed to pay at least $1.5 billion into a class action fund as part of a settlement of litigation brought by a group of…

Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho,…