Microsoft Launches AI Deployment Company With $2.5 Billion Commitment
Microsoft announced a new business focused on enterprise AI deployments, backed by a $2.5 billion investment and 6,000 experts.
Business
319 articles
The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
LATEST NEWS
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OpenAI Offers Trump Admin 5% Stake in Company
OpenAI reportedly proposes a 5% stake to the Trump administration, valued at over $40 billion at an $852 billion valuation.
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Meta Introduces Subscription for Smart Glasses Features
Meta now requires a subscription for advanced features on its smart glasses, with a monthly cap of 15 hours for Conversation Focus.
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Venice AI Secures $65M Series A at $1B Valuation
Venice AI, a privacy-first AI platform, raised $65 million in Series A funding at a $1 billion valuation, marking its first external investment round.
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San Francisco's AI Boom Drives Rent Beyond $5,000 for Tech Workers
San Francisco's AI boom is pushing rents beyond $5,000, with tech workers earning over $180,000 struggling to find affordable housing.
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Amazon Launches 1-Billion-Dollar FDE Org for AI Deployments
Amazon Web Services announced a new $1 billion internal organization focused on deploying AI solutions for clients, following similar moves by OpenAI and Anthropic.
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Reltio Warns Agriculture AI Relies on Solid Data Foundations
AI in agriculture can boost yields by 26% and cut water use by 41%, but success depends on reliable data, according to Reltio.
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Google UK Launches AI Upskilling Initiative to Train 10 Million Workers by 2030
Google UK reports AI Trailblazers in the UK save 8 hours weekly, with 1.2 million trained via its Digital Garage program.
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Ramp and Revelio Labs Report AI Job Growth in Tech Firms
Through May 2026, nearly 90,000 jobs linked to AI were cut, but new data shows high-intensity AI adopters are hiring more in key roles.
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Austria Proposes Luring Anthropic to Europe Amid U.S. AI Access Block
U.S. blocked European access to latest AI models from OpenAI and Anthropic, exposing deep tech dependency. Austria's State Secretary for Digitalization, Alexander Pröll, now wants to move Anthropic's headquarters to the EU.
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Amazon Engineers Distilling Anthropic Models to Cut Costs
Amazon engineers are distilling Anthropic models to build cheaper versions before new token-based pricing starts next year, according to The Information.
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Microsoft and Others Frame AI Agents as Employees
A study found managers made 18% more errors when treating AI tools as coworkers rather than software, highlighting risks of mislabeling AI agents.