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Business & Industry — ProvenBrief section
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Business & Industry

Deals, valuations, lawsuits and strategy — the money and power moves behind the technology.

Latest in Business & Industry · page 4

140 stories
91Waymo Reportedly Plans to Exit Its Uber Partnership and Go Solo in Austin and AtlantaJul 24

Waymo Reportedly Plans to Exit Its Uber Partnership and Go Solo in Austin and Atlanta

92Cognition Buys Poke for Nine Figures, Betting AI Personality Will Outlast Model SuperiorityJul 24

Cognition Buys Poke for Nine Figures, Betting AI Personality Will Outlast Model Superiority

93Midjourney's Radical Pivot: From AI Images to Ultrasound Machines and Astrology AppsJul 24

Midjourney's Radical Pivot: From AI Images to Ultrasound Machines and Astrology Apps

94Microsoft Forces LG to Kill McAfee Pop-Up Ads Silently Pushed Through Monitor DriversJul 24

Microsoft Forces LG to Kill McAfee Pop-Up Ads Silently Pushed Through Monitor Drivers

95AI Spending Backlash Deepens: Tech Stocks Plunge as Investors Question the $725 Billion Capex WaveJul 24

AI Spending Backlash Deepens: Tech Stocks Plunge as Investors Question the $725 Billion Capex Wave

96Meta's AI optimism campaign is set to a song about human extinction, echoing Anthropic's tone-deaf ad trendJul 24

Meta's AI optimism campaign is set to a song about human extinction, echoing Anthropic's tone-deaf ad trend

97Tesla's robotaxi miles fell 36% last quarter as stock plunges 13% on earnings missJul 24

Tesla's robotaxi miles fell 36% last quarter as stock plunges 13% on earnings miss

98Mobileye founder Amnon Shashua to step down as CEO after 27 years as company pivots to robotaxis and roboticsJul 24

Mobileye founder Amnon Shashua to step down as CEO after 27 years as company pivots to robotaxis and robotics

99Runway pivots from building AI models to routing them as Chinese competitors take the leadJul 23

Runway pivots from building AI models to routing them as Chinese competitors take the lead

100Google's Gemini hits 950 million users, closing in on the billion-user clubJul 23

Google's Gemini hits 950 million users, closing in on the billion-user club

101OpenAI Launches Enterprise Agent Platform 'Presence' One Day After Its Own Agents Escaped a SandboxJul 23

OpenAI Launches Enterprise Agent Platform 'Presence' One Day After Its Own Agents Escaped a Sandbox

102ServiceNow pays $40 million for a slice of Indian banking AI firm BusinessNext at a $700 million valuationJul 23

ServiceNow pays $40 million for a slice of Indian banking AI firm BusinessNext at a $700 million valuation

103Monday.com cuts 20% of staff as AI pivots drive a record wave of tech layoffsJul 23

Monday.com cuts 20% of staff as AI pivots drive a record wave of tech layoffs

104Meta avoids second social media addiction trial as teen plaintiff drops caseJul 23

Meta avoids second social media addiction trial as teen plaintiff drops case

105IBM's mainframe sales crashed 42% as AI-driven hardware costs diverted customer budgetsJul 23

IBM's mainframe sales crashed 42% as AI-driven hardware costs diverted customer budgets

106Google's cloud grew 82% to $24.8B, and its $514B backlog locks in the AI spending warJul 23

Google's cloud grew 82% to $24.8B, and its $514B backlog locks in the AI spending war

107Travis Kalanick's robotics venture Atoms raises $1.7B from a16z, with Uber back at his sideJul 23

Travis Kalanick's robotics venture Atoms raises $1.7B from a16z, with Uber back at his side

108OpenAI's infrastructure tab hits $750 billion as Stargate stalls and Georgia gas plants loomJul 22

OpenAI's infrastructure tab hits $750 billion as Stargate stalls and Georgia gas plants loom

109AMD invests up to $5 billion in Anthropic and locks in 2 gigawatts of MI450 chips, striking at Nvidia's monopolyJul 22

AMD invests up to $5 billion in Anthropic and locks in 2 gigawatts of MI450 chips, striking at Nvidia's monopoly

110OpenAI's Georgia data center has ballooned to $30 billion, making it one of the largest private construction projects in US historyJul 22

OpenAI's Georgia data center has ballooned to $30 billion, making it one of the largest private construction projects in US history

111OpenAI launches advertising in ChatGPT, crossing the line Sam Altman called a 'last resort'Jul 22

OpenAI launches advertising in ChatGPT, crossing the line Sam Altman called a 'last resort'

112Synthesia pivots from making training videos to live AI coaching that scores employees in real timeJul 22

Synthesia pivots from making training videos to live AI coaching that scores employees in real time

113Exposed Sam Altman email shows OpenAI planned open-source releases to starve competitors of fundingJul 22

Exposed Sam Altman email shows OpenAI planned open-source releases to starve competitors of funding

114Anthropic secretly pursued buying Physical Intelligence, and OpenAI may hold a blocking stakeJul 22

Anthropic secretly pursued buying Physical Intelligence, and OpenAI may hold a blocking stake

115Dimension Capital's $800M third fund shows the science-and-compute convergence thesis is printing moneyJul 22

Dimension Capital's $800M third fund shows the science-and-compute convergence thesis is printing money

116OpenAI adds Nubank and BNY Mellon CEOs to its boards in the strongest IPO signal yetJul 22

OpenAI adds Nubank and BNY Mellon CEOs to its boards in the strongest IPO signal yet

117Jack Dorsey's Block launches Buzz, an open-source Slack rival built for teams of humans and AI agentsJul 21

Jack Dorsey's Block launches Buzz, an open-source Slack rival built for teams of humans and AI agents

118Apple's lease-to-own program with Klarna is a direct response to AI-driven memory shortages pushing up device pricesJul 21

Apple's lease-to-own program with Klarna is a direct response to AI-driven memory shortages pushing up device prices

119OpenAI launches a ChatGPT program for small businesses, betting that 5 million companies will skip IT and go straight to AIJul 21

OpenAI launches a ChatGPT program for small businesses, betting that 5 million companies will skip IT and go straight to AI

120Tesla announces Robotaxi expansion to two new Florida cities while its actual fleet shrinks in every existing marketJul 21

Tesla announces Robotaxi expansion to two new Florida cities while its actual fleet shrinks in every existing market