Support is building for a U.S. AI self-regulatory body modeled on FINRA, an idea proposed by Google DeepMind CEO Demis Hassabis that has gained endorsements from Microsoft AI CEO Mustafa Suleyman, Mic…
Netflix paid $587 million in cash to acquire Ben Affleck's AI startup InterPositive, the company disclosed in a federal filing. The deal, completed in March, brings aboard InterPositive's 16-person te…
A growing body of research reveals that while the global AI ethics landscape has converged around a stable set of principles—transparency, fairness, non-maleficence, accountability, and privacy—enforc…
OpenAI has not held pre-IPO meetings with investors or outlined a timeline for a public listing, according to CNBC, despite having confidentially filed a prospectus with the SEC. The New York Times re…
Chip stocks fell Friday after a New York Times report that OpenAI may delay its IPO until 2027 to achieve a $1 trillion valuation, reversing a brief rally fueled by Micron's strong earnings and Qualco…
Oracle laid off 21,000 workers, a 12.9% reduction, partly due to AI adoption and a restructuring plan to focus on cloud offerings. The company plans to raise $45–50 billion in 2026 to expand AI data c…
President Donald Trump announced Thursday he will nominate Jay Clayton, the U.S. attorney for the Southern District of New York and former SEC chairman, as director of national intelligence, replacing…
Google has agreed to pay SpaceX $920 million per month starting October 2026 through June 2029 for access to xAI's data centers, according to a SpaceX SEC filing. The deal, valued at $30 billion, gran…
Anthropic and OpenAI are racing to go public, with Anthropic filing a confidential S-1 statement and nearing a $50B revenue run rate, while both companies remain unprofitable and heavily dependent on …
Anthropic has filed confidentially with the Securities and Exchange Commission for a potential initial public offering, following a funding round that pushed its valuation to $965 billion. The move co…