Businesses including DoorDash, Airbnb, and Siemens are experimenting with cheaper Chinese AI models from startups like Moonshot AI and DeepSeek as costs for U.S. rivals such as OpenAI, Google, and Ant…
OpenAI CFO Sarah Friar published a scorecard for measuring AI return on investment, arguing that AI must be measured by the work it accomplishes rather than traditional software metrics like adoption.…
Moonshot AI, a Beijing-based AI startup, on Thursday released Kimi K3, the largest open-weight large language model ever, which performs competitively with Anthropic's Fable 5 at a fraction of the cos…
Meta is reportedly negotiating to lease roughly $10 billion of its AI computing power to rival Anthropic, a deal that would make Mark Zuckerberg's company a landlord for one of its fiercest competitor…
ASML is granting nearly all of its 44,500 employees a one-off share award worth €20,000 each, locked until 2030, to retain talent amid tight labor markets for EUV lithography engineers. The retention …
Hyperscalers including Alphabet, Meta, Amazon, and Oracle have issued over $300 billion in bonds since the start of 2025 to fund AI infrastructure, but investor demand is plunging as cover ratios for …
Palantir CEO Alex Karp, with a net worth of $15 billion, warned that AI will make him 20 times wealthier while middle-class workers see only modest raises, calling the disparity a "complete decoupling…
Moonshot AI released Kimi K3 on July 16, a 2.8 trillion parameter open model priced at $3 per million input tokens and $15 per million output tokens, making it the highest list price ever for a Chines…
Moonshot AI's new Kimi K3 model costs $3 per million input tokens and $15 per million output tokens, three to four times the price of its predecessor Kimi K2.6, signaling an end to the era of cheap Ch…
Upper90 has provided General Compute with a $400 million credit facility secured by SambaNova SN50 inference chips, marking the first major AI infrastructure loan backed by non-Nvidia hardware. The de…
Psychotherapist Esther Perel warns that social atrophy—the erosion of everyday human contact—is worsening in the workplace due to AI, hybrid work, and declining engagement, with Europe's employee enga…
A former Obama official warns that the U.S. faces a technological transition similar to the Depression of 1893, when unemployment surged from 3% to 18% in two years, and notes that today nearly half o…
Menlo Ventures partner Amy Wu Martin led the firm into a $250 million fundraise for AI music platform Suno last fall and re-upped in a $400 million round in June at a $5.4 billion valuation, betting t…
Tech stocks led a steep global sell-off as investors lost faith in the AI chip trade, with U.S. futures down 0.66% following declines in Asia and Europe. Chipmaker TSMC fell 2.63% and Netflix dropped …
Chinese President Xi Jinping, in his debut keynote at the World Artificial Intelligence Conference in Shanghai on Friday, called for international cooperation on AI development, saying it "should not …
Apple Intelligence has been registered for use on iPhones in China by the Cyberspace Administration of China on July 15, nearly two years after its announcement at WWDC 2024, but the system will rely …
Hackers hijacked Airbnb CEO Brian Chesky's X account and posted an AI-generated thread about crypto tokenization that amassed over 700,000 views before being deleted, according to Fortune. The thread,…
Zhipu, now trading as Knowledge Atlas Technology, has seen its shares surge nearly 1,500 percent since its Hong Kong debut in January, briefly pushing its market capitalization above $100 billion, des…
SK Hynix's American depositary receipts raised $26.5 billion in the second-biggest share sale in Wall Street history on July 10, but the stock has since swung wildly, with a 13% debut gain followed by…
Moonshot AI's Kimi K3, a 2.8 trillion parameter open-weight model, topped Arena.ai's Frontend Code leaderboard with 1,679 points, beating Claude Opus 4.8 and other frontier models, and is priced at $3…