Apple filed a lawsuit Friday against OpenAI, alleging trade secret theft and breach of contract. The iPhone maker claims OpenAI's senior leadership, including Chief Hardware Officer Tang Tan, directed…
Hugging Face CEO Clem Delangue argues that open source AI is more important than ever as companies shift from costly frontier APIs to open models. He warns against a future where a handful of big comp…
SK Hynix raised $26.5 billion in the largest foreign IPO in US history, with shares opening 14% above the offer price. The South Korean memory chip maker, a key supplier to Nvidia, plans to use the fu…
Hugging Face CEO Clem Delangue says companies are moving from renting AI via frontier APIs to open source models as costs scale, with Hugging Face now used by half the Fortune 500. He warns against a …
OpenAI announced that GPT 5.6 will become the 'preferred model' for Microsoft 365 Copilot, aiming to quell speculation of a rift between the companies amid reports that Microsoft was replacing some Op…
Fidji Simo, OpenAI's No. 2 executive, is stepping down from her full-time role due to a prolonged medical leave, transitioning to a part-time advisory position. Her departure creates a leadership gap …
OpenAI launched its GPT-5.6 family of models on Thursday, featuring three variants—Sol, Terra, and Luna—with improved efficiency and cost-effectiveness. The models are positioned as OpenAI's strongest…
Lyzr, a Jersey City-based startup that builds AI agents, used its own AI agent, SivaClaw, to raise a $100 million Series B at a $500 million valuation. The agent fielded questions from over 130 invest…
OpenAI is shutting down its AI-powered browser Atlas, launched in October, and redistributing its agentic browsing features across ChatGPT's desktop app and a new Google Chrome extension. The move fol…
Elon Musk praised Anthropic as the current AI leader and promised not to cut off the company from SpaceX servers, despite being a rival. Musk's comments came after users speculated he could boot Anthr…
Sequoia partner David Cahn estimates the AI industry must earn $3 trillion to justify $1.5 trillion in infrastructure spending by 2026, while Apollo economist Torsten Slok warns that a slower payoff c…
Meta launched Muse Spark 1.1, a multimodal AI model for agentic coding, on Thursday to compete with OpenAI and Anthropic. The model costs $1.25 per million input tokens and $4.25 per million output to…
The New York Times and The Daily News accused OpenAI of hiding evidence in a copyright lawsuit, alleging the AI firm secretly searched its training data and chat logs for copyrighted works while denyi…
Google is introducing a new feature in its My Ad Center panel that will disclose when ads are created or edited with AI. The disclosure will be automatic for ads made with Google's own AI tools, but a…
Paris-based AI voice startup Gradium raised $100 million in a seed round reopened to new investors, including Nvidia. The company plans to use the funds to open a Bay Area office and compete for talen…
OpenAI is releasing its frontier model Sol for public access amid ongoing confusion over how the U.S. government evaluates and approves such models. Experts and industry figures say the process remain…
Meta launched Muse Image, an AI image generator that can use photos from public Instagram accounts, sparking privacy concerns. Users can opt out by toggling off "Allow people to create with and reuse …
Meta will begin production of its latest AI chips in September, aiming to reduce GPU costs amid a component shortage. The chips, developed under the MTIA program with Broadcom and manufactured by TSMC…
Nvidia's stock price has fallen 15% since May as GPU supply eases and cloud giants launch custom processors, while memory maker Micron has nearly tripled in value due to surging DRAM prices driven by …
Anthropic, OpenAI, and SpaceX are poised to generate more value from their IPOs than all U.S. venture-backed exits since 2000, according to the Q2 2026 NVCA-Pitchbook Venture Monitor report. SpaceX we…