Adobe announced that Shantanu Narayen is planning to step down as CEO after 18 years as soon as the company finds his successor, although he’ll stay on as board chair. It’s the latest example ...

BuzzFeed is “exploring strategic options” to close the gap between its roughly $26 million market capitalization and what executives see as the value of the digital media firm’s assets, the company ...

AI coding startup Cursor is in discussions with investors to raise a funding round that could value the startup at $50 billion, Bloomberg reported on Wednesday. The discussions are preliminary and may ...

Elon Musk’s xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding, according to a person with direct knowledge of the move. The pair, Andrew Milich and ...

Zihang Dai, a co-founder of xAI, has left Elon Musk’s artificial intelligence firm, Business Insider reported on Thursday, the latest in a string of high-profile exits this year. Another co-founder, ...

Microsoft Executive Vice President Rajesh Jha, who oversees the business unit that includes Windows, Office, and Microsoft’s Surface devices, will retire July 1, he said in a memo to staff Thursday.

For years, the subject of electric flying taxis conjured up images of sci-fi helicopters that looked like insects, took off and landed vertically, and flew almost silently above traffic-choked city ...

Anthropic is in talks with a consortium of private equity firms including Blackstone and Hellman & Friedman about forming an AI-focused joint venture to sell the Claude maker’s technology to companies ...

Nscale, an upstart cloud provider heavily backed by Nvidia whose customers include OpenAI and Microsoft, is in talks to take control of one of the largest available sites for AI data centers in the ...

Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial ...

Nvidia will invest $2 billion in Amsterdam-based AI cloud company Nebius Group and the two companies will work together to build data centers using 5 gigawatts of energy by the end of the decade. The ...

The Saaspocalypse may have claimed another scalp! Adobe said Thursday its longtime CEO and chair, Shantanu Narayen, had decided to give up the job as soon as his replacement can be found. Less than ...