For the past three weeks, the Justice Department and Google have questioned more than two dozen witnesses to try to sway a federal judge’s decision over how to address the company’s illegal monopoly in internet search. On Friday, that hearing in the U.S. District Court for the District of Columbia is expected to conclude. To…
Elon Musk’s artificial intelligence start-up, xAI, is in talks to raise new financing that could value it at as much as $120 billion, up from $80 billion little more than a month ago, two people with knowledge of the discussions said. The talks are in the early stages, and xAI’s valuation could rise or fall…
OpenAI said late Wednesday that it hired Fidji Simo, the chief executive of Instacart, to take on a new role running the artificial intelligence company’s business and operations teams. In a blog post, Sam Altman, OpenAI’s chief executive, said he would remain in charge as the head of the company. But Ms. Simo’s appointment as…
Uber appears to be powering through the tumult of the global economy, despite fears that consumers are skimping on rides and deliveries. The company said on Wednesday that it had $11.5 billion in revenue in its most recent quarter, up 14 percent from a year ago and slightly below Wall Street investors’ expectations. Its total…
Artificial intelligence software has given editing tools a huge boost in power, far beyond the spell-checkers and grammar aids of yore. A.I. can proofread, rewrite, summarize and compose text, making it simple to craft clean, complex documents in a flash — even on a smartphone. If you haven’t dabbled yet, free offerings from Apple and…
“TikTok is here — we are here,” Khartoon Weiss, the company’s vice president of global business solutions, told a packed warehouse of advertisers on Tuesday in Manhattan. “We are absolutely confident in our platform and confident in the future of this platform,” she declared. That statement was the closest TikTok advertising executives got to addressing…
The Israeli cybersecurity firm NSO Group was ordered on Tuesday to pay $167 million in damages to Meta, capping a six-year legal battle after NSO hacked 1,400 WhatsApp accounts belonging to journalists, human-rights activists and government officials. In December, Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California ruled that…
Few people want beefs with their neighbors to become public. That includes Elon Musk. In March, Mr. Musk’s team lobbied officials in the upscale city of West Lake Hills, Texas, to keep quiet the details of one of his mansions and security operations, according to emails to city employees obtained by The New York Times…
Less than a year ago, executives from FedEx and UPS were talking about how they were handling a flood of packages from China to American consumers. “Explosive” is how Carol Tomé, UPS’s chief executive, in July described the volume of shipments from e-commerce companies selling Chinese goods in the United States. And FedEx’s chief customer…
OpenAI said on Monday that it was restructuring as a public benefit corporation, allowing the nonprofit that controls OpenAI to retain its grip on the company. The nonprofit will be OpenAI’s largest shareholder. Sam Altman, OpenAI chief executive, created the artificial intelligence organization with several other Silicon Valley figures, including Elon Musk, as a nonprofit…