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

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 ...

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

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

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 ...

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

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.

Major tech companies are battling for AI dominance, pouring tens of billions into infrastructure and offering sky-high ...

Aggressive spending on artificial intelligence is mostly being rewarded in the stock market these days. But when it comes to ...

Microsoft escalates the AI talent war, poaching over 20 key staff from Google's DeepMind, including the former head of its ...