Company
AI is cutting hours of office work, but also creating a new kind of busywork
As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones. A new survey of individuals using AI...
Musicians shortchanged by AI deals with labels, lawsuit alleges
Musicians have been left out of settlements between major record labels and AI companies, a new lawsuit alleges.The American Federation of Musicians of the United States and Canada (AFM),...
California falls behind Texas in Fortune 500 ranking
Texas has dethroned California as the state with the most Fortune 500 companies. The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the...
Value of Huntington Beach defense tech startup balloons to $1.8 billion
California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8 billion within a year. The Huntington Beach startup’s soaring valuation...
Martin Scorsese is betting on AI to transform the storyboarding process
Oscar-winning director Martin Scorsese is joining the ranks of entertainment industry power players embracing generative AI.Black Forest Labs, the German AI startup behind the text-to-image model Flux, announced Tuesday...
AI company Anthropic files to list shares, heating up race with OpenAI
Anthropic, the company behind the powerful artificial intelligence chatbot Claude, has filed to go public, the company said Monday. The development comes days after the company raised $65 billion,...
Another tech company says it will cut hundreds of jobs amid pivot to AI
Layoffs have continued with another tech company saying it was cutting people to enable it to use more artificial intelligence. Groupon announced in a security filing this month that...
Waymo launches cheaper robotaxis in Los Angeles
Waymo is rolling out a new driverless taxi to help the company expand into more cities and tackle tougher driving conditions, including snowy roads, the company announced Wednesday.The new...
