Paid subscribers to ChatGPT nearly tripled to 15.5 million last year from 5.8 million a year earlier, OpenAI recently told some shareholders, despite competition from chatbots made by Google, ...

Sri Muppidi is a reporter covering startups and venture capital at The Information. She previously worked at Business Insider and The Economist. Additionally, Sri was an early-stage investor at ...

Meta Platforms is preparing to implement on Monday previously announced job cuts of 5% of its workforce. In a message to staff on Friday, Meta said employees who are laid off will be cut off from the ...

Lenders to Elon Musk’s X, formerly known as Twitter, sold a total of $5.5 billion of debt on Wednesday, the Wall Street Journal reported, more than two years after Musk borrowed $13 billion to help ...

Alphabet’s revenue grew 12% year-over-year to $96.5 billion in the fourth quarter of 2024, three percentage points slower than growth in the third quarter, and growth in its rentals of cloud servers ...

Robotaxi company Cruise laid off nearly 50% of its workers Tuesday after parent General Motors stopped Cruise’s robotaxi development work because of increasing competition and problems stemming from a ...

The U.S. Postal Services said on Tuesday that it would temporarily suspend acceptance of inbound international parcels from China and Hong Kong Posts until further notice, after President Trump’s ...

Disney’s streaming business posted another quarter of profits as the company seeks to generate $1 billion in profits for Disney+ and Hulu during its fiscal 2025. The company said its ...

The U.S. should start a sovereign wealth fund and maybe it should invest in TikTok, President Trump suggested earlier this ...

The tech industry’s project to build out artificial intelligence is proving even more capital intensive than the peak of the last investment supercycle by oil and gas firms in the mid-2010s. Microsoft ...