AI inference startup Modal Labs is reportedly in talks to raise new funding at a valuation of about $2.5 billion.
IBM says it will continue hiring entry-level talent as AI reshapes job roles, focusing on skills, adaptability and long-term workforce development.
Pinterest says it processes more searches than ChatGPT, highlighting search growth even as it faces earnings pressure.
ByteDance is exploring the development of an in-house AI processor and may partner with Samsung to strengthen its AI compute capabilities.
