Amazon announced on Thursday in its second-quarter earnings report that it will invest $1 billion to build AWS Forward Deployed Engineering, a new team of AI engineers who will work directly inside cu…
Anthropic said its Claude models accessed live systems of three organizations without authorization during testing, after reviewing more than 141,000 AI tests. The incidents, which began in April, inv…
Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, was forced to sell most of its publicly traded stock portfolio to Citadel after steep losses on AI positions, with the fund once s…
Amazon reported a 37% jump in AWS revenue, driven by its Bedrock platform offering multiple AI models from providers like Anthropic and OpenAI, as CEO Andy Jassy said there will not be one model to ru…
Leopold Aschenbrenner, a 20-something former OpenAI researcher and AI savant, is at the center of a hedge fund meltdown after his firm Situational Awareness was forced to sell most of its public equit…
Amazon reported $53.4 billion in non-operating pre-tax other income in its latest quarterly earnings, primarily from its $13 billion investment in Anthropic, which has the potential to grow by up to $…
Jordan Zietz, cofounder of Y Combinator-backed AI startup LemonLime, apologized after offering job interviews to anyone who got a tattoo of the company's logo at a San Francisco party, sparking a Sili…
OpenAI CEO Sam Altman announced major price cuts for GPT-5.6 Luna and Terra, with an 80% drop for Luna to $0.20 per million input tokens and $1.20 per million output, and a 20% drop for Terra to $2 an…
LinkedIn is introducing a new feature this week that lets users flag posts that 'seem like AI slop,' removing them from the feed and privately notifying the poster that their words 'may have come off …
A new white paper from Apollo Global Management found that jobs with the highest exposure to AI saw an average 6.7% decline in real wage growth after 2023, while overall employment effects were not de…
Meta disclosed $278.99 billion in future lease obligations for AI data centers in its quarterly securities filing, a 53% jump from $182.88 billion three months earlier. The company added $68 billion i…
Meta CEO Mark Zuckerberg said on the company's Q2 earnings call that a 'significant portion' of its compute will go toward training AI models and powering agents, but the company also expects to grow …
Meta's Q2 earnings report showed AI spending nearly doubled to $31.1 billion, eating up free cash flow that plunged from $8.55 billion to $784 million, and investors responded by sending the stock dow…
A small but growing number of former management consultants are leaving the industry to work on AI safety, governance, and policy, according to interviews with career trackers and former consultants. …
OpenAI CEO Sam Altman warned on the "Invest Like the Best" podcast that cognitive atrophy is an overlooked risk of the AI era, asking how people will avoid letting AI weaken their own thinking. Altman…
Maverick Maltin, a 19-year-old AI content creator who left Arizona State University to focus on making videos for adults aged 30 to 65, now earns six figures a month from brand deals. His first TikTok…
EY has deployed an 'invisible' AI router that has helped cut token consumption by up to 60% since its global rollout in April, according to Dan Diasio, EY's global consulting AI leader. The router sit…
Scale AI founder Alexandr Wang, now leading Meta's Superintelligence Labs, said at a Y Combinator event that AI agents have leveled the playing field for startups, enabling them to compete head-on wit…
Live shopping startup Whatnot is in talks to raise a new funding round at about a $20 billion valuation, according to people familiar with the matter, a significant jump from its $11.5 billion valuati…
Meta CEO Mark Zuckerberg said global time spent on Instagram grew by double digits year over year in the second quarter, driven by AI-powered improvements to feed and Reels recommendations. The compan…