Apple’s push to catch up in the AI race has hit another serious roadblock. The company has lost Ruoming Pang, the highly respected leader of its foundation models team, to Meta — and insiders say the ...

Apple's foundational models team is key to the company's artificial intelligence efforts, but while the rapidly-formed group ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

Some tech heavyweights have made more headway in artificial intelligence than others. That has put a strain on their relationship—at least with respect to their recent relative stock performance, ...

Economist warns AI hype surpasses Dot-Com bubble, signaling potential overvaluation and future market corrections.

Apple's (NASDAQ:AAPL) recent adjustments to its App Store policies in the European Union were apparently enough to satisfy ...

Meta is reportedly offering massive compensation packages to lure top AI talent from rivals like OpenAI, Apple, and others. However, Anthropic’s co-founder says his company has rejected these offers, ...

Earlier this year, the Apple team working on the company’s artificial intelligence models wanted to release several of them ...

Chief economist Torsten Slok warns that the current AI industry bubble could lead to a worse collapse than the dot-com implosion of the late 1990s.

Apple's decision to kill an open-source AI plan, fearing it would expose performance flaws, has sparked a talent exodus to ...

Stock futures wavered between slight gains and losses Tuesday morning as investors reacted to quarterly results from a slew ...