Airbnb CEO Brian Chesky said AI has cut feature development time by as much as 60% and increased features shipped by nearly 80%, as the company prepares to begin testing a natural-language AI search toggle for users.
ByteDance is training an AI model with as many as 10 trillion parameters — three times the size of the largest Chinese model released to date — in a push to rival Anthropic's most advanced systems without relying on model distillation.
The Trump administration has agreed to pay German utility RWE $1.2 billion to abandon its U.S. offshore wind leases, bringing the cumulative cost of canceling 12 such leases to $3.93 billion.
Airbnb CEO Brian Chesky credited artificial intelligence as the primary driver of the company's strongest growth quarter in years, saying the company will spend "a lot more" on AI tokens than forecast as shares surged 15% on Friday.
Levi Strauss & Co. disclosed in an SEC filing that hackers used social engineering to compromise three employees' computers and steal corporate data, though the company said no consumer data was affected.
Doximity shares surged more than 100% in premarket trading after CEO Jeffrey Tangney revealed the company's AI search tool earns more than 10 times its cost per search, while first-quarter revenues of $156.6 million topped consensus estimates.
Chinese AI models are closing the performance gap with U.S. frontier systems and gaining global adoption, but American compute dominance and export controls continue to constrain Beijing's ability to scale, analysts say.
Doximity shares surged more than 100% in premarket trading after CEO Jeffrey Tangney revealed the company's AI search tool earns more than 10 times its cost per search, while first-quarter revenues of $156.6 million topped consensus estimates.
Ford Motor has announced its new midsize electric pickup truck will start at $28,350 and carry the name "Fathom," with preorders opening in early 2027 and deliveries expected later that year.
Evercore ISI reiterated its outperform rating and $300 price target on DoorDash Thursday, pointing to a surge in DashPass subscribers and accelerating order growth as signals that the stock has roughly 45% upside from current levels.
Airbnb CEO Brian Chesky said AI has cut feature development time by as much as 60% and increased features shipped by nearly 80%, as the company prepares to begin testing a natural-language AI search toggle for users.
ByteDance is training an AI model with as many as 10 trillion parameters — three times the size of the largest Chinese model released to date — in a push to rival Anthropic's most advanced systems without relying on model distillation.
Airbnb CEO Brian Chesky credited artificial intelligence as the primary driver of the company's strongest growth quarter in years, saying the company will spend "a lot more" on AI tokens than forecast as shares surged 15% on Friday.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.