Meta Makes Strategic Investment in AI Startup to Compete with Rivals
Meta, the parent company of Facebook and Instagram, has made its first major minority investment in an external firm, marking a pivotal move in its strategy to keep pace with…
Meta Invests $14.3 Billion in Scale AI, Taps CEO Alexandr Wang for Superintelligence Initiative
Meta Platforms Inc., the parent company of Facebook and Instagram, has announced a major strategic investment of $14.3 billion in Scale AI, one of the leading companies in artificial intelligence…
Meta Announces Strategic Partnership with AI Startup Scale, Appoints CEO Alexandr Wang to Superintelligence Project
Meta, the parent company of Facebook and Instagram, revealed Thursday that it is making a major investment in artificial intelligence startup Scale AI as part of its broader efforts to…
Chime Co-Founder Recalls Company’s Struggles and the Seed Investment That Saved It
In a candid recollection of Chime’s early days, co-founder Ryan King shared how close the now-successful fintech company came to shutting down in 2016. At that time, Chime was in…
Snapchat Launches New Features to Support Content Creators
Snapchat is rolling out a series of new tools aimed at enhancing the experience for content creators on its platform. The new features are designed to streamline the content creation…
Apple Unveils AI-Powered Features at WWDC 2025, Including Smart Workout Coach and Real-Time Translation
At the Worldwide Developers Conference (WWDC) 2025, Apple unveiled a new range of artificial intelligence (AI) features designed to enhance user experience across its ecosystem, including iPhones, Macs, and other…
Canary Technologies Secures $80 Million Series D to Expand Hotel Guest Management Platform
Canary Technologies, a company that specializes in digital tools for hotel guest management, announced on Thursday that it has raised $80 million in a Series D funding round led by…
Olto Electric Scooter Enters the Market at $3,495
The Olto electric scooter, developed by Infinite Machine, marks the latest innovation in the expanding market for urban electric vehicles. Priced at $3,495, the scooter aims to attract a wide…
Hollywood Studios Accuse Midjourney of Mass Copyright Infringement
Several major Hollywood studios have jointly accused artificial intelligence firm Midjourney of mass copyright infringement, claiming the company’s AI-powered image generator unlawfully uses copyrighted content to produce visual outputs. The…
How Artificial Intelligence May Help Predict Severe Weather Events
As climate change continues to influence weather patterns around the globe, the frequency and severity of extreme weather events—from hurricanes and floods to tornadoes and wildfires—are rising. In response, scientists…
