Meta Reality Labs losses: $83.5 billion burned on AR/VR as AI spending surges
Meta Platforms reported a net loss of $4 billion from its Reality Labs division in the first quarter of 2025. This marks the
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Elon Musk OpenAI Lawsuit: Court Testimony Reveals Stunning Contradiction Over AGI and Tesla
Elon Musk arrived at a California federal court on Wednesday to argue that Sam Altman and his cofounders “stole a charity.” He left
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Parallel Web Systems Hits $2B Valuation: The AI Agent-Tool Startup’s Meteoric Rise
Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has achieved a $2 billion valuation just five months
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Microsoft Copilot Users Surge Past 20 Million as Engagement Rivals Outlook
Microsoft has announced a major milestone for its enterprise AI assistant. The company now has over 20 million paid Microsoft Copilot users. This
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Google Cloud Revenue Surpasses $20B But Growth Remains Capacity-Constrained: Q1 2026 Analysis
Google Cloud revenue surpassed $20 billion for the first time in Q1 2026, marking a 63% year-over-year increase. However, the company warned that
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Runway CEO Reveals Why AI Video Is Just a Prequel to World Models—A Bold New Frontier
Runway, the New York-based AI video company, has raised nearly $860 million at a $5.3 billion valuation. Its CEO, Cristóbal Valenzuela, now argues
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Google Subscriptions Surge 25M in Q1 2026: YouTube Premium and Google One Drive Record Growth
Google subscriptions have surged by 25 million in the first quarter of 2026, pushing the total to 350 million paid users across its
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Google Photos AI Digital Closet Turns Your Wardrobe Into a ‘Clueless’-Style Virtual Try-On Experience
Google Photos has unveiled a groundbreaking AI-powered feature that transforms your wardrobe into a digital closet. This innovation lets users create, mix, and
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Google TV Gemini AI Features Transform Your Living Room With Powerful Creative Tools
Google TV is receiving a major upgrade centered on Google TV Gemini features, bringing powerful generative AI tools directly to the living room.
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Firestorm Labs Raises $82M to Revolutionize Drone Factories with Containerized 3D Printing for Frontline Military Use
Firestorm Labs has raised $82 million in Series B funding to deploy drone factories that fit inside shipping containers. The defense startup aims