Startup

Intel nears US.6 billion deal for AI chip startup SambaNova
Intel nears US$1.6 billion deal for AI chip startup SambaNova
December 13, 2025
[NEW YORK] Intel is in advanced talks to acquire artificial intelligence (AI) chip startup SambaNova Systems for about US$1.6 billion, including debt, according to sources familiar with the matter.A...
Warner Music Group and AI startup Udio reach agreement in fight over copyrighted music
November 19, 2025
Warner Music Group on Wednesday said it reached an agreement with artificial intelligence startup Udio, ending a legal battle over concerns that copyrighted music was being used to train...
Universal Music Group settles with AI music startup Udio
October 30, 2025
Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a lawsuit that had accused Udio of using copyrighted music to train...
Meta is cutting 600 jobs in its AI division
October 22, 2025
Meta is slashing roughly 600 jobs in its artificial intelligence unit as the tech giant aims to move faster to compete with its rivals.The company declined to comment on...
NYSE parent nears deal for US billion stake in crypto-based betting startup Polymarket: sources
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
October 7, 2025
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street Journal reported on Tuesday (Oct 7), citing people...
AI Startup Midjourney Launches Image-to-Video Creation Model V1- Here is All You Need to Know
June 21, 2025
Right after getting into legal trouble with entertainment giant Disney, AI startup has launched its image-to-video generation model V1. The new tool allows users to convert images into short...
Apple executives have held internal talks about buying AI startup Perplexity
Apple executives have held internal talks about buying AI startup Perplexity
June 21, 2025
[SAN FRANCISCO] Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity AI, seeking to address the need for more AI talent and technology.Adrian...
Meta finalises investment in Scale AI, valuing startup at US billion
Meta finalises investment in Scale AI, valuing startup at US$29 billion
June 13, 2025
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday.Two sources familiar with the matter said that...
AMC Networks partners with AI startup Runway
June 4, 2025
AMC Networks, known for series such as “Breaking Bad” and “The Walking Dead,” is partnering with AI startup Runway to use AI tools for marketing and developing its TV...
Surge AI is latest San Francisco startup accused of misclassifying its workers
May 21, 2025
Artificial intelligence training company Surge AI has been hit with a lawsuit alleging it has misclassified contractors hired to improve chat responses from AI software for some of the...