Breaking News: Technology
Hugo Barra’s return to Meta 5 years after exit underscores Zuckerberg’s AI urgency
Hugo Barr, formerly VP of VR at Facebook, has returned to Meta Money Sharma | AFP | Getty Images During Hugo Barra’s first stint at Meta — still known at the time as Facebook — he was a top executive in the virtual reality business. In the nearly five years he’s been gone, Meta’s obsession […]
Read More
Legal AI startup Harvey valued at $11 billion in funding round, as VCs spread bets beyond model companies
Harvey co-founders Winston Weinberg and Gabe Pereyra. Courtesy of Harvey With OpenAI and Anthropic soaring to a combined valuation of more than $1 trillion, some in the artificial intelligence industry fear that the two big model companies are sucking up so much of the value that there won’t be much left for other startups. Harvey […]
Read More
Arm jumps 13% in premarket after saying first in-house chip set to generate $15 billion in revenue
Rene Haas, chief executive officer of Arm Holdings Plc, holds the AGI CPU chip during the Arm Everywhere event in San Francisco, California, US, on Tuesday, March 24, 2026. David Paul Morris | Bloomberg | Getty Images Arm jumped in early market trading Wednesday after the company said its newly released in-house chip would generate […]
Read More
SK Hynix files confidentially for U.S. listing as it rides ‘unprecedented growth’ in memory market
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images SK Hynix revealed Wednesday that it made a confidential filing with the U.S. Securities and Exchange Commission for a potential listing on Wall Street […]
Read More
Meta makes ‘big bet’ on top leaders with stock options as pressure builds to catch up in AI
Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating […]
Read More
Amazon acquires ‘approachable’ humanoid maker Fauna Robotics
Fauna CEO Rob Cochran with a Sprout robot. Courtesy: Fauna Robotics Amazon has acquired Fauna Robotics, a startup that builds “approachable” humanoid robots for consumers and businesses, the company confirmed Tuesday. Terms of the deal weren’t disclosed. “We are excited about Fauna’s vision to build capable, safe, and fun robots for everyone,” an Amazon spokesperson told CNBC […]
Read More
Pentagon ban of Anthropic faces judge; Claude AI maker seeks injunction
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images U.S. District Judge Rita Lin said Tuesday that the decision by the Pentagon to blacklist Anthropic’s Claude artificial intelligence models “looks like an attempt to […]
Read More
OpenAI shutters short-form video app Sora as company reels in costs
Six months after launching the Sora app and seeing it quickly go viral, OpenAI is shuttering the service, the company said on Tuesday. “We’re saying goodbye to Sora. To everyone who created with Sora, shared it, and built community around it: thank you,” OpenAI wrote in a post on X. “What you made with Sora […]
Read More
Jury reaches verdict in major Meta child safety trial in New Mexico
Meta CEO Mark Zuckerberg arrives at Los Angeles Superior Court on Feb. 18, 2026. Jill Connelly | Getty Images A jury has reached a verdict in a major New Mexico trial in which the state’s attorney general alleged that Meta failed to safeguard its family of apps from child predators. The civil trial, in which […]
Read More
Google partners with Agile Robots, growing its AI robotics footprint
Intrinsic’s flagship product, Flowstate, is a web-based platform that allows users to build robotic applications without having to write thousands of lines of code. Intrinsic Google is adding another robotics partnership to its belt as it leans into robotics as a key bet for artificial intelligence. Agile Robots develops intelligent, sensor-based robotic arms and humanoid […]
Read More