California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8 billion within a year. The Huntington Beach startup’s soaring valuation underscores…
Oscar-winning director Martin Scorsese is joining the ranks of entertainment industry power players embracing generative AI. Black Forest Labs, the German AI startup behind the text-to-image model Flux, announced Tuesday…
WASHINGTON — President Trump signed an executive order Tuesday directing the federal government to establish a voluntary early review process for the country’s most advanced artificial intelligence models, following a…
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million. The startup, an eco-friendly digital banking…
An arbitrator has sided with former Google Chief Executive Eric Schmidt, ruling that he was not guilty of sexual assault against his former girlfriend and business partner Michelle Ritter. The…
Meta Platforms announced more details about its latest round of layoffs. As part of its already-announced plans to cut close to 10% of its workforce, more than 2,000 employees will…
Florida sued OpenAI and its chief executive, Sam Altman, on Monday, alleging that the San Francisco tech company failed to inform people about the dangers posed by its popular artificial…
The owner of Malibu’s only independent bookstore has been named one of ADP’s 2026 Grit & Wisdom Award winners, recognized for keeping her business open through a punishing series of…
Anthropic, the company behind the powerful artificial intelligence chatbot Claude, has filed to go public, the company said Monday. The development comes days after the company raised $65 billion, valuing…
When the January 2025 wildfires damaged his family’s Pacific Palisades home and devastated much of the surrounding community, Loyola High School junior Luca Dal Bello received money to replace what…