Meta says it needs to “offset the other investments we're making.” | Image: Cath Virginia / The Verge, Getty Images Meta has reportedly notified thousands of employees that they've been laid off as the company attempts to compensate for its hefty AI investments. In an email from Meta management shared by Business Insider, impacted staffers were told that the planned headcount reduction was part of the company's "continued effort to run the company more efficiently and to allow us to offset ...
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The SpaceX IPO is here, and it's more than just an historic public offering that could make Elon Musk the world's first trillionaire. It also reveals more ways in which Elon Musk's companies interact and overlap with each other, shuffling money around in ways that are often difficult to keep track of. This is evident in ways that are both obvious and less so. A CTRL-F search for "Tesla" yields 87 results, xAI is mentioned 356 times, and X 267 times. Even the Boring Company (7 times) and Neur...
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The next big thing for Nvidia will be CPUs for AI agents, $200 billion worth, CEO Jensen Huang predicts.
Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter.
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The video clipping startup raised a $7 million seed round led by Slow Ventures.
SpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk's AI financials and more details about his ambitions.
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Nvidia announced another record revenue figure after market close on Wednesday, but forecasted that revenue growth would slow in the following quarter.
Elon Musk's xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX's IPO filing.
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Elon Musk's xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it's worth.
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Let’s unpack what Demis Hassabis said at the end of yesterday’s Google I/O keynote. This is Optimizer, a weekly newsletter sent from Verge senior reviewer Victoria Song that dissects and discusses the latest gizmos and potions that swear they're going to change your life. This week's issue is a special early edition tied to The Verge's Google I/O coverage. You can expect our next issue at its usual time next Friday. Opt in for Optimizer here. Toward the end of this year's Google I/O keynot...
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We’re helping build the state’s next-generation workforce and investing in energy programs.
OpenAI claims its reasoning model disproved a geometry conjecture unsolved since 1946 — and this time, the mathematicians who exposed its last embarrassing claim are backing it up.
Initially billed as an "AI butler," Iris watches what happens on a user's desktop and automatically learns how to do tasks for them, its co-founder says.
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This year at Google I/O 2026, we announced Gemini Omni, Google Antigravity, Universal Cart and so much more. Here are the highlights.
Google publishes exploit code before patch, reported 29 months earlier, is fixed.
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