Current and former OpenAI employees plan to sell around $6 billion worth of shares at a $500 billion valuation, according to a person with direct knowledge of the matter. Thrive Capital, SoftBank ...

Vercel, a nine-year-old San Francisco cloud startup, has received unsolicited offers from investors to put hundreds of millions of dollars into the company at a valuation between $8 billion and $9 ...

Carrie Wheeler isn’t one of tech’s big names, but she may go down in history as the latest victim of an online mob. The CEO ...

Meta Platforms is planning the fourth restructuring of its artificial intelligence efforts in six months, according to three people familiar with the matter. Meta’s new AI organization, Meta ...

Lyft, the no.2 ridehailing firm, on Friday dissolved its dual-class shareholding structure, eliminating a class of stock that had 20 votes each, so that all shareholders will now have one vote per ...

The CEO of home-buying service Opendoor Technologies, Carrie Wheeler, said she was stepping down effective immediately. The company said Shrisha Radhakrishna, who is Chief Technology & Product Officer ...

Japanese mobile payment app PayPay has confidentially filed for a U.S. listing, a move that could help fund owner Softbank’s AI ambition, the company announced Friday. Founded in 2018, PayPay is the ...

The Federal Reserve said Friday it will end its program that scrutinized fintech and crypto activities by banks, months after it stopped requiring banks to obtain advanced permission before engaging ...

In the fast-paced AI wars, time is precious. So when Google last month said it would pay Windsurf $2.4 billion to license the ...

When artificial intelligence researcher Igor Babuschkin announced his departure from Elon Musk’s xAI this week, he became the ...

Earlier this week, I published a look at the blitz of fundraising deals for artificial intelligence startups, often triggered ...

Before its unsolicited offer to buy Google’s Chrome for $34.5 billion on Tuesday, Perplexity had been quietly exploring acquisitions of smaller browser startups, The Information reported . Earlier ...