Tech giants OpenAI, Amazon, Microsoft, Google, and Anthropic are funding a $500 million nonprofit initiative called Raise Us to retrain American workers displaced by the very AI technology these companies are deploying, launching pilot programs across four states in a move that acknowledges growing tension between AI-driven layoffs and long-term …
Apple shares plunge 6.1% to $275.15 in their biggest single-day drop since April 2025, as a global memory chip shortage driven by AI data center expansion forces price hikes of up to $500 on Macs, iPads, and other products, with analysts warning iPhone Pro models could soon follow with a …
Apple hikes MacBook prices by up to $300 as AI-driven demand sends Dynamic RAM costs surging 98%, with analysts warning iPhone price increases are coming next.
Google is losing top AI researchers to rivals Anthropic and OpenAI in an equity-driven talent war, with Gemini contributors Jonas Adler and Alexander Pritzel, legendary researcher Noam Shazeer, and Nobel Prize-winner John Jumper all departing as pre-IPO equity packages lure elite talent away.
The Trump White House is freezing out Anthropic CEO Dario Amodei, reportedly calling him a 'weirdo' and refusing direct dealings with him, forcing cofounder Tom Brown to step in as tensions escalate over the regulatory future of the Claude Fable 5 AI model.
Two senior Google AI researchers are defecting to Anthropic, rattling investors as Alphabet faces a growing talent exodus with high-profile departures to rivals Anthropic and OpenAI, sending shares dipping amid fears Google is losing its competitive edge in the AI race.
OpenAI and Broadcom announce a landmark multi-year partnership to co-develop and deploy 10 gigawatts of custom AI accelerator chips by 2029, with rack deployments beginning in 2026 to meet surging global AI demand for OpenAI's 800 million weekly active users.
Oracle slashes 21,000 jobs — nearly 13% of its workforce — as AI automation drives a massive restructuring costing $1.8 billion, joining Meta, Microsoft, and Google in a growing wave of AI-driven layoffs that have surpassed 50,000 in the U.S. in 2025 alone.
Menlo Ventures raises a record $3 billion for AI-focused funds as its $1 billion bet on Anthropic skyrockets to nearly $14 billion in value, fueling the firm's ambitions to make even bigger investments in AI startups.
Google DeepMind invests $75 million in indie film studio A24 in a landmark partnership to develop AI filmmaking tools, as Hollywood's AI race intensifies with Netflix and Amazon also making major moves to integrate artificial intelligence into film production.