Jury Rules Against Musk in OpenAI Suit; Founder Says He Will Appeal
A federal jury in Oakland, California ruled on Monday that Elon Musk’s lawsuit against OpenAI is barred by the statute of limitations, handing the company a sweeping victory in a…
Bilibili Posts Quarterly Profit as Advertising Powers Growth
Bilibili closed its Hong Kong shares up more than 3.6% on Tuesday at HK$156, giving the company a market value of HK$66.35 billion, before the Chinese video platform published first-quarter…
Anthropic Buys Stainless, Maker of AI Developers’ SDKs, for Over $300 Million
Every developer who has typed “pip install openai” or “npm install @google/generative-ai” over the past four years has used code written by a company Anthropic now owns. Anthropic said Monday…
Nvidia in Talks to Lead $20 Million Round in Indian AI Startup Simplismart
A Bengaluru startup that helps companies run AI models in production is closing in on a funding round that would quadruple its valuation in 18 months, with Nvidia in talks…
Meta to Cut More Than 10,000 Jobs as Zuckerberg Tightens the Belt
MENLO PARK, Calif. — Mark Zuckerberg’s message to Meta Platforms’ employees was blunt: the company’s best years of growth are behind it, and the people who survive the coming cuts…
OpenAI Quietly Bought Voice-Cloning Startup Weights.gg, People Familiar With the Matter Say
SAN FRANCISCO — Two years ago, OpenAI’s research team published a blog post describing something it would not let anyone use: a voice-replication system so realistic that the company decided…
Stellantis to Build Dongfeng Models at French Plant as Tariffs Reshape Auto Trade
PARIS — The factory in Rennes has survived crises before. Stellantis has repeatedly considered closing the La Janais plant, most recently in the years after the merger that created the…
Eclipse Bets on Cerebras, Valuing the Wafer-Scale Chip Maker at $2.5 Billion
SAN FRANCISCO — The chip is the size of a dinner plate, and that is the point. While the rest of the industry slices silicon wafers into small rectangles, Cerebras…
Cerebras Nears $95 Billion Value in Biggest Tech IPO Since Uber
For years, the pitch sounded like a joke: a startup that would build a chip the size of an entire silicon wafer, taking on Nvidia. On Thursday, Cerebras Systems closed…
SpaceX Prepares for Nasdaq Debut in What Could Be the Largest IPO in History
The plan has a code name inside SpaceX: “Project Apex.” Under it, the company filed confidentially with the SEC in early April, and reports this week point to pricing as…
