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valleydeath

Arts Oct 01

'Valley of Death' reveals how tech companies are replacing traditional defense contractors

By Amna Nawaz, Veronica Vela

Science Jun 08

Apple Worldwide Developers Conference in Cupertino
Apple unveils new AI features with privacy focus at last developers conference with CEO Tim Cook

While the iconic iPhone maker has been playing catch-up with rivals when it comes to AI, it sought to distinguish itself from its peers by stressing a privacy-centered approach and integrating AI across its devices and apps.

By Barbara Ortutay, Associated Press

Nation Jan 10

Illustration shows Palantir logo and rising stock graph
Watch 6:14
New book offers glimpse inside world of controversial tech firm Palantir and its CEO

Palantir Technologies is one of the most secretive and powerful companies in Silicon Valley. It develops software that can quickly analyze massive amounts of data, used by government agencies, the military and major corporations. Ali Rogin speaks with Michael Steinberger,…

By Ali Rogin, Andrew Corkery

Politics Jul 23

U.S. President Trump hosts a dinner with Republican Senators at the White House in Washington
WATCH: Trump reveals 'AI Action Plan' shaped by tech lobbyists after revoking Biden policy

President Donald Trump on Wednesday unveiled a sweeping new plan for America’s “global dominance” in artificial intelligence, proposing to cut back environmental regulations to speed up the construction of AI supercomputers while promoting the sale of U.S.-made AI technologies at…

By Matt O'Brien, Ali Swenson, Collin Binkley, Associated Press

World May 24

FILE PHOTO: Man holds laptop computer as cyber code is projected on him in this illustration picture
U.S. intelligence agencies' embrace of generative AI is at once wary and urgent

U.S. intelligence agencies are scrambling to embrace the AI revolution, believing they'll otherwise be smothered by an avalanche of data as surveillance tech further blankets the planet.

By Frank Bajak, Associated Press

Jan 17

Billionaire backers of new California city reveal map and details of proposed development

By Janie Har, Associated Press

The Forever California company plans to submit paperwork Wednesday to ask voters on the November ballot to allow them to build the city on agricultural land now protected.

Continue reading

Jun 14

European Commission charges Google with antitrust violations, says it must break up digital ad business

By Kelvin Chan, Samuel Petrequin, Associated Press

The unprecedented decision Wednesday to push for such a breakup marks a significant escalation by Brussels in its crackdown on Silicon Valley digital giants.

Continue reading

Mar 17

Parent of Silicon Valley Bank files for bankruptcy protection

By Michelle Chapman, Associated Press

SVB Financial Group is filing for Chapter 11 bankruptcy protection. SVB Financial Group is no longer affiliated with Silicon Valley Bank or the bank’s private banking and wealth management business, SVB Private.

Continue reading

Mar 10

Silicon Valley Bank seized by FDIC after largest failure since the Great Recession

By Ken Sweet, Associated Press

It is the second-largest bank failure in history, behind only the failure of Washington Mutual in 2008. The bank failed after depositors — mostly technology workers and venture capital-backed companies — began withdrawing their money creating a run on the…

Continue reading

Jan 20

Google cuts 12,000 jobs as layoffs spread across tech industry

By Kelvin Chan, Associated Press

Google says it's laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs. The Silicon Valley giant's CEO Sundar Pichai shared the news Friday in…

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