In a meeting with President Trump, Meta CEO Mark Zuckerberg announces a staggering $600 billion US investment plan by 2028, only to admit in a hot mic gaffe that he fabricated the figure, while tech rivals share AI investment plans.
Trump hosts 33 tech titans for White House dinner, where attendees pledge billions in U.S. investments, signaling industry's warming ties with administration despite notable absences like Elon Musk and Jensen Huang.
OpenAI collaborates with Broadcom on custom AI chips scheduled for launch in 2024, aiming to meet soaring computing demands and reduce reliance on Nvidia while utilizing the chips internally rather than selling them to customers.
OpenAI projects a staggering $115 billion cash burn by 2029, $80 billion higher than earlier estimates, as soaring costs drive the AI giant to develop its own chips and data centers to power its cutting-edge technology.
xAI faces an exodus as CFO Mike Liberatore, general counsel Robert Keele, senior lawyer Raghu Rao, co-founder Igor Babuschkin, and former X CEO Linda Yaccarino resign after a $10 billion fundraise and concerns over xAI's chatbot Grok.
Atlassian acquires The Browser Company to launch Dia, an AI-powered browser tailored for knowledge workers, enhancing SaaS app experience with contextual work data and AI assistance, merging Atlassian's collaboration prowess with The Browser Company's browser expertise.
In a controversial move, Google removes its net-zero emissions pledge as the tech giant's energy usage surges 26% this year, driven by the AI boom, raising concerns about Big Tech's ability to meet climate goals amidst skyrocketing energy demands.
In a groundbreaking alliance, Amazon teams up with Anthropic, providing multi-gigawatt Trainium-powered infrastructure for training GenAI models, propelling Anthropic's dominance with a fivefold revenue surge to $5B annualized, outperforming rivals through scaling laws optimization.
OpenAI snaps up Statsig for $1.1 billion in an all-stock deal, with Statsig CEO Vijaye Raji becoming OpenAI's new CTO of Applications while Statsig continues operating independently.
HR tech firm Rippling sues rival Deel for corporate espionage, alleging Deel planted a mole who accessed sensitive business data like sales pipeline and customer churn details, escalating tensions between the two remote workforce companies.