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Financial Times

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19:38
2026-06-19
letsdatascience.com
artificial-intelligence

Rising AI Costs Drive Enterprises to Chinese Models

Rising AI compute costs are driving enterprises to adopt cheaper Chinese models like DeepSeek, with U.S. developers reporting costs of $10 per hour on Claude versus under $0.50 on DeepSeek. Companies …

07:47
2026-06-19
cityam.com
artificial-intelligence

PwC UK chief swipes global role in international shake-up

PwC UK chief Marco Amitrano will take on a broader global role as the Big Four firm centralizes decision-making and expands AI-driven consulting services. The shake-up, effective July 1, gives Amitran…

18:42
2026-06-18
futurism.com
generative-ai

Cop Accused of Using AI to Fake Evidence

A police officer in Derbyshire, England is under criminal investigation for allegedly using generative AI to fabricate evidence in multiple cases, marking the first such case in the UK. The officer ha…

08:52
2026-06-18
thenextweb.com
large-language-models

JPMorgan cuts off Anthropic access for Hong Kong staff

JPMorgan Chase has blocked its Hong Kong staff from using Anthropic's Claude AI model due to licensing terms, following a similar move by Goldman Sachs. The restriction highlights how geopolitical ten…

21:19
2026-06-16
letsdatascience.com
artificial-intelligence

OpenAI Reports Rapid Revenue Growth, Larger Losses

OpenAI reported 2025 revenue of $13.07 billion, more than tripling from $3.7 billion in 2024, while incurring a GAAP net loss of $38.53 billion driven largely by $41.55 billion in non-cash charges fro…

20:35
2026-06-16
gizmodo.com
artificial-intelligence

OpenAI Is Growing Fast. Its Losses Are Growing Faster

OpenAI lost approximately $38.5 billion in 2025, a sharp increase from $5.09 billion in 2024, according to financial documents obtained by critic Ed Zitron and verified by the Financial Times. Revenue…

11:06
2026-06-16
sebas.fika.bar
ai-policy

A Company That Was Nobody: The Case for AI-Agent Corporations

Argentina's president proposed a new legal category for AI-operated corporations, sparking debate with historian Yuval Noah Harari. The idea, compared to the Dutch East India Company's limited liabili…

09:21
2026-06-16
the-decoder.com
artificial-intelligence

OpenAI burned through $34 billion last year

OpenAI spent $34 billion in the past year, with $19 billion on R&D and $6 billion on sales and marketing, while generating $13 billion in revenue. The company's net loss jumped to $39 billion, largely…

09:00
2026-06-16
thenextweb.com
artificial-intelligence

OpenAI spent $34bn last year as it lines up for an IPO

OpenAI spent $34bn in 2025, more than double its $13bn revenue, as it prepares for a potential $1tn IPO. The company's massive spending on R&D, infrastructure, and staffing reflects the high cost of l…

05:05
2026-06-16
cryptobriefing.com
artificial-intelligence

OpenAI spent $34B on R&D, sales, and marketing ahead of IPO: FT

OpenAI projected $34 billion in spending on R&D, sales, and marketing in 2025 as it prepares for an IPO that could value it at $1 trillion, according to the Financial Times. The AI company reported $1…

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