Private equity giant KKR & Co. plans to gradually sell its stake in LCY Groups business, the Taiwan chemical makers chairman said, paving the way for the family-controlled company to accelerate the expansion of its semiconductor material operations.

"The thing that the space needs is a company making $100 million a year of revenue," Science Corp. CEO Max Hodak said.

Early OpenAI backer Khosla Venturesis discussing raising as muchas $5.5 billion for its latest set of venture investment funds, a haul that would amount to its largest fundraising event in its two-decade history, according to people familiar with the matter.

OpenAI made a mistake setting up what it called a highly isolated testing environment and sandbox. According to cybersecurity experts, that human mistake is what made the AI-powered attack on Hugging Face possible.

When OpenAIs advanced artificial intelligence models breached AI startup Hugging Faces internal systems last week, they carried out a hack in a matter of hours that would have taken a skilled hacker far longer, according to people familiar with the matter.

A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff voluntarily dismissed his claims against Meta, leaving none of the major tech companies facing trial in the case.

Uber Technologies Inc. said it has cut 10% of jobs within its customer service operations as part of a broader effort to simplify its ranks and embrace artificial intelligence.

After IBM's stock crashed last week on warnings of a poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.

Labor unions are rallying across South Korea after Samsung Electronics Co. caved in to protests and agreed to hand out bonuses of more than $400,000 to some of its employees.

Google's cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits.

Alphabet Inc. projected full-year capital expenditures will be $195 billion to $205 billion in 2026, increasing its already sky-high spending estimate for the year as it works to secure an edge in the artificial intelligence race.

Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.

Alphabet Inc. said its cloud computing unit had a $514 billion backlog of contracted work that hasnt been recorded as revenue yet, signaling robust demand for its services that underpin the artificial intelligence boom.

Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic's Fable model to develop Kimi K3.

OpenAI President Greg Brockman acknowledged that Moonshot AI had developed a competitive new artificial intelligence model and said he wasnt sure whether the Chinese firm had piggybacked on the ChatGPT makers technology.

SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal brings Ninas artists, editorial archive, and music discovery tools to SoundCloud as the company continues expanding its platform for independent musicians.

Tesla (TSLA) Earnings: Live Q2 2026 Results, Elon Musk Comments

Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.

Since April, when Anthropic PBC unveiled its Mythos model, cyber and national security experts have warned that the internet has entered a new era full of artificial intelligence-powered risks.

The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as it focuses on its AI Work Platform.

Meta Platforms Inc. tapped a veteran cybersecurity executive to serve as its next chief information security officer, filling a key opening after its former CISO announced plans to depart last month.

As Chinese AI models grow in capability and popularity among US companies, the arguing over what should be done about them has reached a fever pitch.

After months of debates across the continent, France became the first European Union member to ban social media for young teenagers this week, kicking off whats set to be a wave of new regulations and pressuring the bloc to find a unified approach toward the big tech platforms.

A White House official accused Chinas Moonshot of improperly using US AI models and Nvidia Corp. chips to create the Kimi K3 system that stunned the tech industry last week with its advanced capabilities.

The long-held understanding among security researchers and network defenders is that it's impossible to negotiate in good faith with an extortion racket because there's no incentive for the other side to actually walk away.

Apple Inc. is readying an overhaul of its Mac line, seeking to capitalize on demand for powerful laptops and desktops fueled by the artificial intelligence boom.

Passionfroot, a German startup building a marketplace connecting B2B creators with brands, has raised $15M in a Series A round led by Insight Partners.

Israeli authorities are planning to use crocodile-filled moats to guard high-security Hamas prisoners, arguing that it saves money and treats those inmates in the way they deserve.

Weve compiled an overview of some of the top alternative browsers available today aiming to challenge Chrome and Safari.

Samsung Electronics Co.showcased the smart glasses it developed in partnershipwith Alphabet Inc.s Google, Warby Parker and Gentle Monster, offering new details around battery life and durability ahead of arelease this fall.