Blackstone Inc. is making a significant organizational shift as it deepens its commitment to artificial intelligence, consolidating its growth-focused investing operations into a new West Coast division designed specifically around its AI and high-growth technology portfolio. The new unit, called Blackstone N1, will be based in San Francisco and will centralize the firm’s AI strategy, including investments in major companies such as OpenAI and Anthropic. This move reflects th

Meta and Microsoft are the latest major technology companies to show how deeply artificial intelligence is reshaping the industry. Meta announced that it will cut about 8,000 workers, which is around 10 percent of its workforce, as the company continues pouring money into AI infrastructure and expensive AI talent. The cuts are being presented as part of a larger effort to improve efficiency, reduce costs, and create more room for new investments in other parts of the business

Nvidia is signaling it may be done writing ever-larger equity checks to the AI startups it supplies, even as it remains the primary company selling the chips that make their ambitions possible. Speaking at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco on March 4, CEO Jensen Huang said Nvidia’s recent investments in OpenAI and Anthropic are likely to be its last in both companies, arguing that once they go public, the window for private investing

Google’s rapid ascent in the AI race is reshaping the dynamics of the tech and semiconductor markets, with its newly released Gemini 3 model emerging as a major catalyst. The model debuted to enthusiastic reviews, including high praise from Salesforce CEO Marc Benioff, who declared he is “not going back” to ChatGPT after trying it out (Investors Business Daily). Google parent Alphabet’s stock has surged accordingly, rising nearly 5 percent on Monday after an 8 percent ral

Microsoft, NVIDIA, and Anthropic have entered a sweeping new alliance that marks one of the most significant shifts yet in the global AI infrastructure landscape. The three companies are combining cloud scale, advanced hardware, and frontier model development to accelerate the next generation of AI systems while expanding enterprise access to high-performance compute. At the center of the partnership is Anthropic’s decision to scale its Claude models on Microsoft Azure, backe

Jeff Bezos is stepping back into a hands-on leadership role for the first time since leaving Amazon in 2021, taking on the position of co-CEO at a new artificial intelligence startup called Project Prometheus. The venture, which has already secured an extraordinary $6.2 billion in funding, is shaping up to be one of the most heavily financed early-stage startups ever launched ( Investing.com ; Forbes; TechBuzz). Bezos is contributing part of the investment himself, signaling

Microsoft has unveiled an ambitious vision to position the United States as a global leader in artificial intelligence (AI) by leveraging...

Two major players in the AI landscape, Tenstorrent and Nebius Group, have each secured $700 million in funding to bolster their efforts...

Saudi Aramco's venture capital arm, Wa'ed Ventures, has earmarked $100 million to invest in early-stage artificial intelligence (AI)...

Interface.ai , a customer automation platform for banks and financial institutions, recently secured $30 million in a funding round led...

Artificial intelligence search company Perplexity AI has started fundraising talks to double its valuation to $8 billion. The startup...