Intel's shares have surged an impressive 490% over the last year, reflecting Wall Street's optimistic confidence that seems to be outpacing the company's actual pace of recovery.
Prediction market platform Kalshi has successfully secured $1 billion in its Series F funding round, led by investment firm Coatue, boosting its valuation to $22 billion within just five months.
Stockholm-based vibe-coding company Lovable has introduced an automatic 10% salary increase for its employees, aiming to bypass traditional corporate politics and foster a healthier workplace culture.
Elon Musk's legal challenge against OpenAI centers on whether its for-profit arm aligns with the original mission to develop artificial general intelligence safely and for humanity's benefit. This lawsuit scrutinizes how the subsidiary's actions impact OpenAI's dedication to responsible AI innovation.
Gusto has announced reaching $1 billion in actual revenue, marking a significant milestone based on real income rather than projected ARR figures. This achievement signals the company’s growing financial strength as it moves nearer to entering public markets.
In early 2025, Chinese AI startup DeepSeek gained significant attention after unveiling a large language model that operates with substantially less compute power and cost compared to major U.S. counterparts like OpenAI and Anthropic.
Microsoft's rapid growth in AI-focused data centers is creating tension with its commitment to sustainable, clean energy use. The increase in data center facilities demands more power, which risks undermining the company's efforts to rely primarily on clean energy sources.
Corgi, the innovative insurance startup, has raised $160 million in its Series B funding round, led by TCV. This investment lifts the company's valuation to $1.3 billion, just four months after completing its Series A.
xAI might be placing greater emphasis on constructing data centers, hinting that its primary business revolves more around cloud infrastructure than the direct development of AI models.
Amazon plans to install a groundbreaking HVAC system in its commercial spaces, inspired by a Nobel Prize-winning dehumidification method, aiming to significantly lower its energy consumption.