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Elon Musk's lawsuit alleging OpenAI violated its nonprofit mission heads to trial as jury selection begins in a federal court in Oakland, California.

Business titans are betting hundreds of billions of dollars on AI infrastructure and data centers as the nation enters the so-called Fourth Industrial Revolution.

As AI spending booms, Meta announces 8,000 layoffs while Microsoft offers voluntary retirement to thousands of employees amid tech reductions.

Best Buy appoints veteran Jason Bonfig as CEO, replacing Corie Barry during a period of retail transformation and evolving consumer demand.

John Ternus, Apple's senior vice president of Hardware Engineering, will become CEO on Sept. 1 as Tim Cook transitions to executive chairman after 15 years leading the company.

Analyst Dan Ives says Tim Cook's exit as Apple CEO raises questions amid the company's major AI strategy push, calling the timing a surprise move.