Business

Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.... Read more

If last week's trillion-dollar slide of major tech stocks felt familiar, it's because we've been here before—when hype about innovation last ran headlong into economic reality.... Read more

A German court ruled Tuesday that OpenAI has infringed copyright law by using song lyrics to feed its chat models in a case that could have wide implications for European artists.... Read more

The robots were taking our jobs—or so we were told over a decade ago. The same warnings are regularly heard today about the likely impact of artificial intelligence (AI).... Read more

OpenAI's recent restructuring of its for-profit arm to a public benefit corporation is a smart move that will allow the organization to increase its investment opportunities and maintain its nonprofit roots, according to a Northeastern University nonprofit management expert.... Read more

Microsoft Corp. is pursuing a more powerful form of AI called "superintelligence" it hopes will be capable of making advances in areas like medicine and materials science.... Read more

The European Union said Friday it is considering adjustments to its landmark artificial intelligence law, the AI Act, after tech firms and several member states raised concerns.... Read more

At a Whole Foods store just outside of Philadelphia, Amazon built a small warehouse housing Goldfish crackers, Tide Pods and other items you wouldn't find in an organic grocery store.... Read more

Last week, artificial intelligence (AI) music company Udio announced an out-of-court settlement with Universal Music Group (UMG) over a lawsuit that accused Udio (as well as another AI music company called Suno) of copyright infringement.... Read more

The Chan Zuckerberg Initiative, a nonprofit launched by Mark Zuckerberg and his wife aimed at curing all disease, on Thursday announced it was restructuring to focus on using artificial intelligence to achieve that goal.... Read more

Flashy AI, robotics and self-driving cars will be on show at the annual Web Summit in Lisbon from Monday, but global tensions over high-tech trade, competition and sovereignty will be weighing on the minds of entrepreneurs, investors and policymakers.... Read more

Tesla shareholders on Thursday overwhelmingly endorsed a massive pay package for CEO Elon Musk that could reach $1 trillion.... Read more

Ireland's central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over transaction monitoring failures, including some potentially linked to criminal activities.... Read more

American households have become dependent on Amazon.... Read more

This week the Labor government announced it is poised to introduce a bill to parliament that will impose regulatory obligations on major subscription video-on-demand (SVOD) services operating in Australia.... Read more