Business - News Articles

Anthropic Unveils $100M Fund to Fuel AI Startups and Drive Innovation

May 13, 2025

anthropic

Anthropic, a pioneering AI company, has teamed up with Menlo Ventures to launch the $100 million Anthology Fund, aimed at fueling startups leveraging Anthropic's cutting-edge AI technology across diverse sectors like healthcare, education, and consumer solutions, while fostering innovation and societal benefits.

Funding Business

Google Unveils AI Futures Fund to Empower Startups and Fuel AI Innovation

May 12, 2025

TechCrunch

Google unveiled the AI Futures Fund, a strategic initiative to empower startups leveraging Google's AI tools, providing early access to models, expert support, cloud credits, and potential investment, while also committing resources for AI education, training, and supporting nonprofits in the field.

Funding Business Education

AI Hype Outpacing Reality? Tech Leaders Voice Caution Amid Massive Investments

May 10, 2025

SiliconANGLE

While tech giants pour billions into AI infrastructure, industry leaders caution that the hype surrounding AI capabilities is outpacing reality, potentially raising unrealistic expectations despite the technology's promising future in various applications.

Business Funding Data Centers

Meta Appoints Former Google DeepMind Director to Lead Struggling AI Lab Amid Mass Researcher Exodus

May 08, 2025

TechCrunch

Meta appoints former Google DeepMind director Robert Fergus to rescue its struggling FAIR lab as researchers flee en masse to competitors and the company's own GenAI division.

Business Labor & Jobs Research

China Surges Ahead in Tech Race, Fueling Bifurcation of Global Supply Chains

May 08, 2025

South China Morning Post

China surges ahead in semiconductors and biotechnology, accelerating bifurcation of global supply chains and data flows between China and US-led tech ecosystems, exemplified by Huawei's domestic revival despite global hurdles.

Geopolitics Hardware Business

DoorDash Devours Deliveroo in $3.9 Billion Mega-Merger

May 06, 2025

CNBC

In a massive $3.9 billion all-cash deal, DoorDash, the leading U.S. food delivery platform, has agreed to acquire British rival Deliveroo, valuing it at a 44% premium and bolstering DoorDash's global footprint after its recent acquisition of Finland's Wolt.

Business Food & Agriculture

SMBs Unleash AI Power: Streamlining Tasks, Gaining Insights

May 06, 2025

Technology Solutions That Drive Business

Small and medium businesses are leveraging AI tools like Microsoft 365 Copilot, Google Workspace AI, IBM watsonx, and AWS AI/ML to automate tasks, gain valuable insights, and boost efficiency, enabling them to stay ahead of the curve by understanding AI roadmaps, building use cases, and deciding whether to buy or …

Enterprise Business

OpenAI Abandons For-Profit Conversion, Nonprofit Division Retains Control After Legal Pressure

May 05, 2025

TechCrunch

OpenAI abandons its controversial for-profit conversion plan and keeps its nonprofit division in control after facing intense legal pressure from Elon Musk, state attorneys general, and Nobel laureates who opposed the restructuring.

Regulation Business AI Safety

Uber Partners with Momenta to Launch Autonomous Rides Globally by 2026

May 05, 2025

uber

In a groundbreaking partnership, Uber and Momenta are joining forces to launch autonomous ride-hailing services globally by 2026, starting in Europe, combining Uber's ridesharing network with Momenta's self-driving technology to provide safe and efficient Robotaxi services.

Autonomous Vehicles Business Geopolitics

Waymo Doubles Down on Robotaxis, Ramping Up Arizona Production

May 05, 2025

CNBC

Waymo, a leader in autonomous driving technology, is doubling down on robotaxis by ramping up production at its Arizona plant, aiming to assemble over 2,000 Jaguar I-PACE and Geely Zeekr RT robotaxis by the end of 2026, as it conducts a quarter-million paid, driverless rides weekly and plans to expand …

Autonomous Vehicles Manufacturing Business