
Alphabet's Google Cloud reportedly invested $300 million in Anthropic, an artificial intelligence startup testing a rival to OpenAI's ChatGPT.

On Wednesday, shares of Meta Platforms Inc. soared 20% amid fourth-quarter revenue that beat Wall Street estimates, while Chief Executive Officer Mark Zuckerberg called 2023 the "Year of Efficiency."

On Monday, Ford Motor Co. said it is cutting prices of its electric Mustang Mach-E crossover up to $5,900 on some versions in response to Tesla slashing prices on several of its models a few weeks earlier.

Chief lobbyist Jim Chen is leaving Rivian Automotive Inc, the electric-vehicle start-up said Monday, in the latest high-level exit as it works to scale up operations.

Shares of Spotify climbed on Monday following reports the music-streaming service was planning job cuts as soon as this week, joining a slew of companies in announcing layoffs to lower costs.

According to people familiar with the matter, Elliott Management Corp., one of the most prolific and prominent activist investors, has made a multibillion-dollar investment in Salesforce Inc.

Citing weak demand, Taiwanese Semiconductor Manufacturing Co. said Thursday that it expects revenue in the current quarter to drop as much as 5% and could cut this year's capital expenditures compared with the previous year.

Google parent Alphabet Inc.'s life sciences unit, Verily, is cutting 15% of jobs in a restructuring move as it strives for financial independence, according to an email to employees on Wednesday.

After Coinbase Global Inc. cut its headcount by about 18% last year, the cryptocurrency exchange said it is laying off 950 employees, or 20% of the workforce, in another round of job cuts to reduce costs.

US technology giant Microsoft Corp. is reportedly negotiating with the creator of the viral artificial intelligence bot ChatGPT to invest as much as $10 billion in OpenAI.

In the latest sign that a technology slump is worsening, Amazon.com Inc. is laying off more than 17,000 employees, a much more significant number than the 10,000 cuts the retailer previously anticipated.

Chief Executive Tim Cook of Apple Inc. said Tuesday that the company would build chips again in the US after a nearly decade-long hiatus, a critical step in reducing its reliance on Asia-based manufacturing.

As China continues to grapple with the impact of on-and-off recurrences of COVID-19, Tesla Inc. is offering further incentives to the country's customers who buy and take delivery of new cars this month.

In the latest leadership shakeup, the cloud-based software-provider Salesforce.com announced the departure of Slack founder and CEO Stewart Butterfield, effective 31 January.

At its investor day in New York City on Thursday, General Motors raised its full-year guidance, saying it expects its portfolio of electric vehicles in North America to be "solidly profitable" by 2025.

Shares of Cisco, the biggest maker of machines running computer networks and the internet, rose about 5% in extended trading Wednesday after reporting fiscal first-quarter results that beat analysts' estimates.

Chip designer and computing firm Nvidia assured investors on Wednesday that demand for its artificial intelligence and data-center chips remains strong, even as the company continues to struggle with a slowdown in the personal-computers market.

On Wednesday, Amazon shares hit a new 52-week low, closing at $86.14 a share and making it the first-ever public US company to lose more than $1 trillion in market capitalization.

After new rules threatened to cost Nvidia Corp. hundreds of millions of lost revenue, the most valuable chipmaker in the US has begun offering an alternative processor for customers in China to soften the blow from recently imposed US export restrictions.

Google parent Alphabet Inc. entered into a strategic partnership with Coinbase that will allow select customers to pay for cloud services with cryptocurrencies through Coinbase's payment platforms.

After the bell Wednesday, Tesla reported its highly-anticipated third-quarter earnings, in which the company addressed a broad range of questions, including Chief Executive Elon Musk's pending Twitter takeover.

According to a prospectus filed with the SEC, Intel Corp's Mobileye said it plans to offer 41 million class A shares at a projected price of $18 to $21 per share of its initial public offering.

At the Paris Motor Show Monday, Stellantis debuted its "first pure-electric Jeep" as the automaker pushes to launch an additional 28 all-new electric vehicles through 2024.

In a joint venture between Sony Group and Honda Motor, the companies will target the premium electric vehicle market and aim to deliver their first EVs by 2026.

According to a Bloomberg News report Tuesday, Intel corp is looking to make significant job cuts in the coming period, citing people with knowledge on the matter.
Ready to get started?
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas tristique justo a molestie consequat.