AI practitioners are prioritizing model triage to cut costs, as running the same coding task through Claude Fable 5 costs $9 versus $1.50 for GPT-5.5, a 6x gap. Three signals reinforce cost pressure: …
Uber exhausted its entire 2026 AI budget by the second quarter, highlighting unsustainable costs as enterprises mix and match AI models from multiple providers. OpenAI is considering cutting token pri…
The U.S. government issued an export-control directive requiring Anthropic to suspend foreign-national access to its Fable 5 and Mythos 5 models, citing national-security concerns over a potential jai…
Teachers in Richland Parish, Louisiana, will receive bonuses of up to $50,935 this year, a dramatic increase from last year’s $10,200 maximum, after sales-tax receipts surged during construction of Me…
Apple has reversed its previous stance on AI photo generation, introducing features in the OS 27 release cycle that allow users to manipulate and alter photographs of real people, contradicting statem…
Anthropic released Fable 5 at double the cost of its predecessor Opus 4.8, charging $10 per million input tokens and $50 per million output tokens starting June 23, while OpenAI considers significant …
Brave Search is failing to return direct links to the Wall Street Journal in its index, even when users search for specific article titles. The search engine can summarize WSJ content but omits the so…
Nvidia and Abridge are partnering to develop an AI model for doctor-patient conversations, trained on Nvidia's Nemotron open models and deployed exclusively within Abridge's transcription app. The mod…
OpenAI is considering cutting API token prices to win customers from rival Anthropic, according to the Wall Street Journal. CEO Sam Altman said costs have become a major issue for businesses as usage-…
Higgsfield AI debuted a 95-minute feature film, *Hell Grind*, at the Marché du Film in Cannes in May, produced using ByteDance's Seedance 2.0 model and the company's platform. A 15-person team complet…
SpaceX and OpenAI are pursuing public listings at valuations approaching $1 trillion despite projecting massive losses, with OpenAI alone expecting $14 billion in losses for 2026 and profitability not…
President Donald Trump said Friday he wants his new acting director of national intelligence, Bill Pulte, to cut the size of the office, which has already been significantly reduced during his second …
Meta has delayed the release of an API for its Muse Spark AI model, leaving developers without access two months after the model's April launch. The company initially promised the API would arrive "so…
San Francisco Federal Reserve Bank President Mary Daly said productivity growth is "everywhere except in the data" during remarks at the Bloomberg Technology Summit, while also stating monetary policy…
Google launched "Search profiles," a new feature allowing creators and publishers to showcase their content directly on the search engine, as the company's AI summaries have caused a 61% drop in organ…
Meta launched the Muse Spark model in April but has repeatedly delayed releasing the application programming interface (API) that developers need to build on it, with no firm launch date until the com…
Benchmark has closed $2bn across two new funds, including a $1.25bn growth fund, its first dedicated to later-stage investments, alongside a $750m early-stage vehicle. The move breaks the firm's long-…
Corporate customers are incurring unexpectedly high costs from unmonitored AI token usage, with one company burning through a very large sum in a single month after failing to limit employee access to…
Corporate leaders are scaling back AI token usage after realizing the massive costs of unchecked computing power, with Uber CEO Dara Khosrowshahi stating it is "getting harder to justify" AI initiativ…
OpenAI has held talks with Citigroup Inc. and JPMorgan Chase & Co. about joining the underwriting group for an initial public offering, according to Bloomberg News. The discussions could add those ban…