Elon Musk’s xAI Hires Senior Thinking Machines Lab Staffer
xAI is hiring a senior staffer from Thinking Machines Lab to work on training its Grok models, according to a person with direct knowledge of the move, as Elon Musk says the AI company is “being reb...
Target Accelerates Growth Plan With Price Cuts
Target will begin lowering prices on 3,000 items this month in its latest move to support the company’s long-term, sustainable growth.
The price reductions will generally be between 5% a...
Rox Secures $1.2 Billion Valuation as AI Sales Agents Scale
Rox, a startup developing artificial intelligence (AI) agents for sales functions, closed a funding round late last year that valued it at $1.2 billion, TechCrunch reported Thursday (March 12), citing...
Musk’s $109 Billion Claim Against OpenAI to Proceed to Trial
The judge overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI said the court would not throw out testimony from Musk’s damages expert that OpenAI should pay Musk up to $109 bi...
FedEx Plans Agent Workforce in Over 50% of Workflows by 2028
FedEx plans to embed artificial intelligence (AI) agents into more than half of its operational workflows by 2028, a move that signals how large enterprises are beginning to deploy AI not just as soft...