Results for "May 2025"
248 results found
US Tech Layoffs Hit Two-Year High as AI Drives 38,000 Job Cuts in May
Nearly 40,000 tech workers lost jobs in May, the highest monthly total in two years. Artificial intelligence is the most cited reason for the layoffs.
Open-source coding model NousCoder-14B matches big rivals in just 4 days
An open-source AI coding model trained in four days matches proprietary systems, highlighting the rapid progress of open-source alternatives in AI-assisted software development.
Samsung's 2025 Mini-LED TV Shines in World Cup-Ready Comparison
A side-by-side test of two Samsung 2025 mini-LED TVs reveals the QN90F flagship as the top choice for World Cup viewing, with Prime Day offering a rare discount window.
Black founders secure $1.1B in Q1, but VC share remains tiny
Black founders raised $1.1 billion in Q1 2025, the most quarterly funding since 2022. Yet the haul accounts for just 2% of total venture capital, underscoring persistent disparities.
Google to Pay $135 Million Over Android Data Tracking
Google will pay $135 million to settle a class-action lawsuit alleging it tracked Android users without consent. Millions of users who had an Android phone after 2017 may be eligible for up to $100.
Google Phone App Flags AI Voice Cloning Scams That Spoof Your Contacts
Google's Phone app now alerts users when scammers spoof a contact's number and use AI voice cloning. The feature targets the $893 million lost to such scams in 2025.
Anthropic Pledges $15 Billion a Year to SpaceX for AI Compute
Anthropic will pay $15 billion annually to SpaceX for access to its Colossus AI data centers through 2029, per SpaceX's IPO filing.
China Robotics Investment Hits Record as Embodied AI Startups Attract Billions
China-based robotics startups raised $5.6 billion through mid-2026, matching the 2021 peak. Embodied AI companies drive the surge, with several startups reaching billion-dollar valuations.
Apple’s AI Strategy Takes Shape: Gradual Rollout and New Leadership
Since WWDC 2024, Apple has quietly built its AI ecosystem with Apple Intelligence, Siri upgrades and a reshuffled team. The slow but deliberate pace signals a long-term bet on privacy and integration.
Mercury Hits $5.2B Valuation as Fintech Startup Pursues Own Banking License
Mercury raised $200M at a $5.2B valuation and secured regulatory approval to establish its own bank. The digital banking startup serves over 300,000 companies and reported $650M in annualized revenue.
Apple to Pay iPhone Owners $250 Million Over Missing AI Features
Apple will pay $250 million to settle a class-action lawsuit over delayed AI features. Eligible iPhone owners can claim part of the settlement. The payout addresses claims Apple misled users about Siri and other AI capabilities.
Google Brings Ads to AI-Powered Search Results
Google will place advertisements within its AI Mode search experience. The move marks a major monetization shift for generative search.
Google Calls Search Monopoly Ruling Flawed in Appeal, Says It Won Fairly
Google appeals its search monopoly ruling, arguing the decision overstepped legal bounds. The company says it won market position through fair competition.
Grok's Government Adoption Lags, Undermining xAI's Growth Story
Grok appears in only 3 of 400+ government AI use cases per Reuters. The low adoption undercuts xAI's growth story tied to a potential massive SpaceX IPO.
Meta Employees Rush to Use Perks Before 8,000 Job Cuts Take Effect
Meta employees are cashing in on headphone stipends and other perks as layoffs loom. The company is cutting about 8,000 jobs.
Anthropic Surpasses OpenAI in Corporate AI Adoption for First Time
Anthropic's Claude overtakes OpenAI's ChatGPT in business AI adoption. But escalating costs and competition threaten its lead.
EU Forces Return of User-Replaceable Batteries in Smartphones
New EU regulations require smartphones and tablets to have user-replaceable batteries, aiming to boost repairability and reduce e-waste.
Steam Deck Price Hikes Signal Enduring Hardware Cost Crisis
Valve's Steam Deck price jump of over 40% shows AI demand and geopolitics are pushing hardware costs to a painful new normal for consumers.
Legal AI Investment Heavily Favors Plaintiffs, Defense Seen as Next Frontier
Billions have poured into plaintiff-side legal AI, but the defense market is underdeveloped. With $682 million concentrated on plaintiff firms, investors see a large opportunity in defense-side litigation tools.
GoPro warns investors company may not survive the year
GoPro warns it may not survive the year. The action camera maker faces mounting losses and slowing demand.