Depot is expanding its partnership-driven origination strategy in partnership with Texas homebuilder Betenbough Companies, ...

Honda announced a $15.7 billion writedown of its electric vehicle (EV) business last week as the company shifts its U.S. strategy to account for weak consumer demand for EVs. The second-largest ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Twenty out of 50 of the startups fell under the B2B banking ...

At a glance, the two large B2B companies were almost identical. Both sell complex, multi-year technology services; they compete for many of the same enterprise customers. Sales stages, forecasting ...

Elon Musk said Tesla's Model X and Model S — the company's highest-priced cars — are getting the ax. While Tesla doesn't specify how many were sold, earnings show demand has been falling for years.

Tesla CEO Elon Musk said Wednesday that the company would begin phasing out its Model S and Model X electric vehicles this year and retool a California factory to produce humanoid robots instead.

In the year since DeepSeek, a little-known artificial-intelligence lab from China, shocked the world with a whizzy new model, the country’s clout in AI has only grown. It is now the undisputed global ...

OpenAI is preparing for a major shift in how it makes money. The company, best known for ChatGPT, is moving beyond relying only on subscription fees. While paid plans will continue, OpenAI is now ...

OpenAI and ServiceNow said they signed a three-year deal that will integrate the ChatGPT-maker’s AI models into ServiceNow’s business software. The deal depends on customers using OpenAI’s models ...

Recursive language models (RLMs) are an inference technique developed by researchers at MIT CSAIL that treat long prompts as an external environment to the model. Instead of forcing the entire prompt ...

As global leaders prepare for the 56th Annual Meeting of the World Economic Forum in Davos, a range of core questions shapes the agenda. Among them is a challenge that continues to draw attention ...

LONDON, Dec 18 (Reuters) - Zara has become the latest fast-fashion retailer to use AI to help create new images of real models in different outfits, speeding up the production process as part of an ...