Category Industries

Snap Spins Out Dotmo as It Recasts AI Video R&D Into a Leaner Bet

Snap spins out its AI video team into Dotmo, a gaming-focused startup, aiming to cut costs while keeping upside through equity and licensing.

Anthropic joins Frontier’s carbon removal coalition as the AI sector faces growing scrutiny over energy use and climate commitments.

Snap’s AR glasses debut sparked a selloff as investors weighed the $2,200 price tag and the company’s long-term hardware bet.

AI music controversy grows as Fenix Flexin’s viral track sparks debate over authenticity, Auto-Tune and the future of hit songs.

Slow tech is gaining momentum as consumers seek simpler devices, fewer distractions and more control over their attention.

CPP Investments commits up to $741 million to CtrlS, betting on India’s AI-driven data center boom and growing digital infrastructure demand.

The AI IPO boom is reshaping markets as SpaceX, OpenAI and Anthropic drive fresh speculation, capital flows and industry spillovers.

DeepL acquires Mixhalo to expand live translation into conferences, sports and venues, while boosting its U.S. presence.

Robinhood’s 10% cut avoids the AI layoffs excuse, signaling a shift toward leaner teams, flatter structures and clearer corporate messaging.

The Justice Department backs xAI in a fight over turbines in Memphis, framing the case as a national security issue tied to AI power.