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.
AI shopping assistants are reshaping e-commerce, with consumers embracing them to search and buy products online, prompting Mastercard to unveil Agent Pay, a secure payment solution that leverages AI to facilitate purchases and detect fraud more effectively.
AI algorithms secretly influence what content people see online, shaping political views and social behavior, raising concerns over potential misuse for societal control by powerful entities, prompting calls for transparency and safeguards against dystopian outcomes.
Netflix is embracing the vertical video format popularized by TikTok, testing a new feed in its mobile app that will showcase short clips users can watch, save, or share, as the streaming giant continues to experiment with new ways to engage viewers.
While major tech giants like Apple and Amazon face headwinds from tariffs and waning consumer sentiment, advertising-focused tech businesses remain resilient amid trade wars and economic uncertainty, bucking the downward trend impacting consumer-facing industries.
Meta soared with 16% revenue growth to $42.3 billion in Q1 2025, fueled by its expanding user base reaching 3.43 billion daily active people and the success of its AI initiatives, including AI glasses and Meta AI with nearly 1 billion monthly active users.
Pinterest rolls out new detection tools and user controls to combat the flood of AI-generated content overwhelming its platform, introducing labels for AI-modified images and a 'see fewer' option that lets users reduce artificial pins in beauty and art categories after widespread complaints about declining content quality.
Meta holds LlamaCon, unveils consumer AI app and Llama API, challenging OpenAI with open AI models like DeepSeek and Qwen in bid to expand adoption.
The Gemini app is revolutionizing image editing by integrating AI technology, enabling users to seamlessly modify backgrounds, replace objects, and enhance both uploaded and AI-generated images, unleashing a new era of creative possibilities across most countries and languages.
Ola Electric's meteoric rise in India's electric scooter market stumbled due to safety woes, customer complaints, declining sales, and potential mismanagement, including founder Bhavish Aggarwal's micromanaging and berating employees, eroding customer trust and allowing competitors to gain ground.