Adobe surges as optimism about AI drives the annual revenue estimate
Adobe's stock went up 14% before the market opened on Friday after the company raised its income forecast for the year. This was because more...
Tesla investors sue Elon Musk for starting a new AI company
Tesla shareholders are suing CEO Elon Musk and the company's board for allegedly taking employees and resources to work on his new AI project, xAI,...
Elon Musk ends the lawsuit against OpenAI but criticizes Apple’s ChatGPT plans
Elon Musk has dropped his lawsuit against OpenAI, the company he helped start, because of negative feedback about its partnership with Apple and a desire...
Databricks widened Mosaic AI to aid businesses in using advanced AI models
After changing the name of MosaicML to Mosaic AI, Databricks unveiled five new Mosaic AI technologies at its Data and AI Summit. With changing needs...
Paris-based AI company called Mistral AI raises $640 million
Mistral AI gets €600 million in Series B funding, led by General Catalyst. This puts the AI startup's value at $6 billion, positioning it to...
Apple’s AI push may boost iPhone sales as users seek upgrades
Apple's most recent developer conference was mostly about adding advanced AI technologies to its software to boost iPhone sales, especially through upgrades to the iPhone...
Meta to use European social media posts to train AI
Meta Platforms will train its AI models with Europe's public social media content. This is the same way the company handles data in Europe as...
Apple’s new AI feature may not be worked with iPhone 15
At WWDC, Apple is likely to show off "Apple Intelligence," a generative AI project they are working on with OpenAI. This will improve Siri and...