Business

Nvidia, Microsoft invest $15 billion in AI startup Anthropic

Chip giant Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, as the AI investment frenzy continues amid emerging fears of a bubble on Wall Street.

Business

Companies are warming up to saying AI is the reason for job cuts

In late September, the German airline Deutsche Lufthansa AG told analysts and investors that it planned to eliminate 4,000 administrative positions by the end of the decade. Among the reasons it cited was "the increased use ...

Business

Trump launches 'Genesis Mission' to speed AI-driven research

President Donald Trump signed an executive order Monday establishing the "Genesis Mission," a national initiative to harness AI for scientific breakthroughs, comparing its scope to the Manhattan Project that produced the ...

Business

AI-assisted shopping is the talk of the holiday shopping season

Major retail chains and tech companies are offering new or updated artificial intelligence tools in time for the holiday shopping season, hoping to give consumers an easier gift-buying experience and themselves an augmented ...

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