A $21 billion startup dubbed 'Kids in Chips' is hiring engineers from Nvidia, according to The Wall Street Journal. The company, which has not been named in the article, is attracting top talent from …
A federal bankruptcy court delayed approval of Google's $10 million purchase of Spirit Airlines' digital records after former flight attendants challenged the privacy terms, moving the hearing from Au…
A new Pew Research study finds 52% of Americans are more concerned than excited about AI, up from 37% in 2021, while a CNBC poll shows most 18- to 34-year-olds distrust top AI leaders. The National Re…
Anthropic generated $11.5 billion in second-quarter revenue, nearly 73% more than OpenAI's $6.7 billion, and posted a small operating profit while OpenAI's operating loss widened to $12.3 billion, acc…
OpenAI's second-quarter sales grew at a slower pace than rival Anthropic, according to The Wall Street Journal, signaling a cooling in the AI market's rapid expansion. The report highlights that OpenA…
Rare earth miners MP Materials (NYSE:MP) and USA Rare Earth (NASDAQ:USAR) fell 3% and 4% respectively on Tuesday as investors dumped AI-adjacent trades amid growing concerns over AI spending. Anthropi…
Anthropic, the AI company led by CEO Dario Amodei, is considering a potential trillion-dollar IPO by 2026, according to The Wall Street Journal, with its valuation surging from $380 billion to $965 bi…
Nvidia disclosed in a securities filing that it will provide up to $105 billion in financing for an OpenAI data center in Pike County, Ohio, built and operated by SB Energy, a figure that is a sharp s…
Stripe finalized an agreement to acquire OpenRouter for more than $7 billion, according to Bloomberg, three months after the AI routing startup raised $113 million at a reported $1.3 billion valuation…
Reddit is cracking down on brands that try to steer community conversations, as marketers increasingly use the platform to influence consumer sentiment and AI results, The Wall Street Journal reports.…
NVIDIA Corp. is in talks to invest up to $3 billion in SB Energy, a SoftBank Group subsidiary building a 10-gigawatt AI data center campus in Ohio for OpenAI, according to The Information. The propose…
Apple Inc. is testing memory chips from China's ChangXin Memory Technologies (CXMT) across its product lines, including iPhones and MacBooks, and is seeking White House approval to use them in product…
Nvidia is in talks to invest up to US$3 billion in SB Energy, a SoftBank Group subsidiary developing a planned Ohio data centre project for OpenAI, according to The Information. The investment is part…
Silver Lake is in talks to acquire Workday in a deal that could exceed $43 billion, according to Reuters, sending Workday's stock up 17.8% to $206.45 on August 13 and boosting its market value to abou…
Anthropic's annualized revenue surpassed $47 billion by May 2026, up from about $9 billion at the end of 2025, and a Series H round valued the company near $965 billion, according to Reuters. The comp…
Cami Clark, 47, wife of Anthropic CEO Dario Amodei, had a colorful past including pitching a women-centered porn site called Eddice to Jeffrey Epstein in 2011, filing for bankruptcy in 2009, and a fai…
Anthropic's $2 trillion IPO valuation is not justified by its financials, as the company reportedly has no net income and would need annual profits of $59 billion to $79 billion to match Nasdaq 100 va…
Aaron Sorkin, creator of 'The West Wing' and 'The Social Network', said in an Esquire podcast released Wednesday that he is optimistic about AI because he doesn't think it will produce good art, citin…
Demis Hassabis, co-founder and CEO of DeepMind, proposed the creation of an independent AI-oversight body to Google executives shortly before the company's recent leadership shake-up, according to The…
Apple Inc. is negotiating multi-year deals with news publishers to give its redesigned Siri access to current news, proposing variable compensation tied to content usage, according to The Wall Street …