Alibaba Group Holding Ltd.'s net income plunged more than 75% to 10.5 billion yuan ($1.6 billion) in the latest quarter, despite a 9% revenue jump, as the company ramped up AI spending and faced a Chi…
Harness Inc. launched AI agents that triage and patch software vulnerabilities, using deterministic scanning plus an AI layer to cut false positives and catch logic flaws. The company said attackers u…
ThreatDown, the business security arm of Malwarebytes Inc., reported that Kriminal, a popular criminal AI tool, is largely a jailbroken version of xAI's Grok, with paid access starting at $12.99 a mon…
Adronite Inc. launched Codistry, an AI coding platform that uses its patented Context Engine to map codebases and reduce token usage, claiming it uses roughly half the tokens of Anthropic PBC's Claude…
Eagle Point Credit Management LLC is providing a roughly $1.3 billion private credit loan for a Texas AI data center tied to Anthropic PBC, part of a larger $16 billion project-finance package for dev…
OpenAI Group PBC reported second-quarter revenue of $6.7 billion, up 18% sequentially from $5.7 billion, but its operating losses widened, according to the Wall Street Journal. The figures, disclosed …
Anthropic PBC is finalizing a $6 billion acquisition of Israeli AI startup Decart, according to the Jerusalem Post, a deal that would create at least two new billionaires among Decart's founders. Foun…
Alphabet Inc.'s Google LLC won a bankruptcy auction to acquire Spirit Airlines Inc.'s internal business data for $10 million, outbidding AI training data company Mercor.io Corp. The data includes 100 …
SuperApp Inc., formerly Instabase Inc., launched SuperApp, a team collaboration platform integrating AI models from OpenAI, Anthropic, and Google, with automatic model routing. Founder and CEO Anant B…
Investors are increasingly concerned about roughly $70 billion in off-balance-sheet liabilities tied to AI companies, which could materialize during a downturn, according to Bloomberg. Nvidia Corp.'s …
Jane Street posted roughly $15 billion of losses in July, its first monthly slump in about a decade, as AI-focused hedge fund Situational Awareness swooned and dragged down asset prices across equity …
Anthropic PBC is in talks to acquire Israeli-founded startup Decart AI for approximately $6 billion, according to Bloomberg, in what would be Anthropic's largest acquisition to date. The deal aims to …
Anthropic PBC reported preliminary second-quarter revenue of more than $11.5 billion, a 14-fold increase from $787 million in the same period a year earlier, according to documents seen by Bloomberg N…
Google LLC launched Gemini 3.7 Flash, its most capable entry-level AI model, three weeks after its predecessor, claiming it outperformed comparable models from Anthropic PBC and OpenAI Group PBC acros…
OpenAI is on track to generate annualized revenue of more than $40 billion based on its current performance, roughly doubling its run rate from the end of 2025, according to people familiar with the m…
Alphabet Inc.'s Google released Gemini 3.7 Flash, a new installment of its workhorse AI model that outperforms its predecessor in coding tasks and can generate production-ready code on the first try, …
CrowdStrike Inc.'s 2026 Threat Hunting Report found that China-nexus adversaries exploited critical vulnerabilities within 24 hours of public proof-of-concept release, and cloud-related eCrime surged …
Advanced Micro Devices Inc. plans to raise as much as $5 billion in what could be its biggest-ever investment-grade bond sale, according to people familiar with the matter. The chipmaker is selling no…
Data resilience company Rubrik Inc. said a month of scanning its own code with Anthropic PBC's Mythos Preview model surfaced so many potential security issues that it rebuilt its review pipeline rathe…
DeepSeek is raising prices for its flagship V4 models by more than four times, with new peak-hour pricing taking effect Aug. 16. The Hangzhou-based AI lab will charge $1.32 per 1 million output tokens…