Atoms Eyes Robotaxi Expansion Amid $1.7 Billion Funding
Travis Kalanick’s Atoms is preparing for a hiring and acquisition spree, aiming to become a major player in the autonomous vehicle industry, according to a Financial Times report.
Business
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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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Seattle Times and Newsday Sue OpenAI and Microsoft Over AI Training Claims
The Seattle Times and Newsday filed a lawsuit against OpenAI and Microsoft, alleging their AI systems are consuming journalism to produce content, with the lawsuit warning that AI could 'destroy the very organizations' that create the content it's trained on.
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XDOF Eyes $1.2B Valuation in Series B Talks
XDOF, a robotics data startup, is in late-stage talks for a Series B round at a $1.2 billion valuation, according to multiple sources.
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Nscale Seeks $3.5B in Pre-IPO Financing
Nscale, a British AI infrastructure company, is seeking $3.5 billion in pre-IPO financing ahead of its potential public offering later this month.
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Apple's John Ternus Era Begins With Major iPhone Launch
Apple has officially entered the John Ternus era after Tim Cook stepped down as CEO, with Ternus set to unveil a major iPhone event next week.
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Ukraine's Drone Data Fuels AI Training for Defense and Commercial Use
Ukraine has shared over 100 companies' access to drone data from tens of thousands of flights, creating a new AI training resource with significant commercial and defense value.
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Crusoe Raises $3B at $30B Valuation
Data center developer Crusoe raised $3 billion at a $30 billion valuation, according to Bloomberg, following a $1.38 billion round last October.
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Accel in Talks to Lead $1B Round for Thinking Machines at $40B Valuation
Thinking Machines, an AI lab co-founded by Mira Murati, is in discussions to raise $1 billion at a $40 billion valuation, per The Information.
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OpenAI Launches Daybreak for Frontline Defenders to Protect Essential Services
OpenAI announced a $1 billion initiative to provide subsidized access to Daybreak cyber models and training for frontline defenders globally, starting with the U.S. in 2026.
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OpenAI CEO Warns of Unsustainable Compute Buildout
OpenAI CEO Sam Altman called the AI infrastructure boom 'unsustainable silliness,' citing reckless expansion by neocloud providers without revenue or customers.
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Pangram's Flaw: Users Turn AI Scores Into Public Shaming
Pangram, an AI detection company, faces criticism for users turning its AI scores into public shaming, with scores often misinterpreted as laziness or dishonesty.
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OpenAI Ends Partnership With Cursor Over Musk Trust Concerns
OpenAI announced it would end its partnership with Cursor, a popular AI coding tool, citing distrust of Elon Musk’s SpaceX, which acquired Cursor for $60 billion.