Mercor said on Thursday it raised $30 million in a funding round, that included entrepreneur Jack Dorsey and venture capitalist Peter Thiel, putting the AI hiring platform's valuation at $250 million.

CEO Kelly Ortberg says he will take a pay cut; credit-ratings firms have warned of a downgrade. OpenAI CEO Sam Altman says customer data won't be used to train its base AI models.

Microsoft and BlackRock have plans to launch a $30 billion AI infrastructure fund to support the development of data centres ...

The Wall Street Journal noted that if several EU sham lawsuits prevail, American shareholders will lose tens of billions of ...

Conversations between Google execs were leaked during the discovery phase of the latest adtech antitrust trial.

AIG has appointed Keith Walsh as Executive Vice President and Chief Financial Officer, effective October 21. Walsh brings ...

No company in socialist Europe has found a way to compete with American innovation at Google, Apple, Microsoft, Amazon ...

The Wall Street Journal noted last week that American shareholders will lose tens of billions of dollars in investment income ...

In a strongly worded report, the FTC finds Facebook, TikTok, X, and others 'indefinitely retain troves of data' on the public ...

The Federal Trade Commission said social media and streaming companies including YouTube, Amazon and Facebook fail to ...

Microsoft's (MSFT) hiring of Inflection AI employees will not be investigated, the European Union's antitrust agency ...

European Union antitrust officials said a number of countries in the bloc had withdrawn requests for regulators to probe Microsoft's ties to Inflection AI, meaning the tech giant won't face a formal ...