Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD.

The ramp-up in corporate AI spending in 2025 will include a greater focus on deploying applications and components that help run AI systems faster and more efficiently, Bloomberg Intelligence analysis shows.

Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, is headed for its biggest share-price rally in more than four years after predicting a boom in demand for its artificial intelligence chips.

Taiwan Semiconductor Manufacturing Co.’s sales rose 34% in November, reflecting sustained growth from AI demand despite concerns that datacenter building will slow.

Microsoft strikes a groundbreaking 3-year deal with HarperCollins to utilize its vast book catalog for AI model training.

Defense tech companies Palantir Technologies Inc. and Shield AI have signed an agreement for a new strategic partnership, a step toward developing autonomous flight with AI-powered intelligence and operational control.

AI technology is advancing rapidly, and regulations are struggling to keep up. State and federal governments are working to protect consumers from misuse and bias.

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Apple's plans for 2025 are already beginning to take shape, and purportedly on the horizon is a long-overdue refresh to its smart home lineup. The iPhone maker plans to introduce a new Apple TV and HomePod Mini that are "scheduled for next year," Bloomberg's Mark Gurman reports.

Software firm Databricks is nearing a deal that could become one of the largest venture capital funding rounds in history, as investors have shown a strong appetite to own a piece of the fast-growing data analytics firm,

Swiss insurer Helvetia plans to cut jobs and relocate some workers as part of an efficiency program aimed at saving about 200 million francs ($224 million) over the next three years.