530 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.
U.S. Treasury Secretary Scott Bessent warned of sanctions against Chinese AI companies if intellectual property theft is proven, following concerns about open-source models like Moonshot AI’s Kimi K3.
A federal judge has approved Anthropic's $1.5 billion copyright settlement, resolving a class-action lawsuit over AI training data use.
Neil Rimer, co-founder of Index Ventures, predicts a redistribution of AI wealth, either voluntary or forced, as tech leaders face growing pressure to address wealth inequality.
Databricks announced a $188 billion valuation following a funding round led by Coatue, with a $3 billion raise reported by other outlets.
Vertu’s Alphafold smartphone, priced at $6,880, features Hermes Agent, an AI designed to automate executive workflows.
Meta is reportedly in talks to sell up to $10 billion in AI compute to Anthropic over two years, according to the New York Times.
Agility Robotics is opening a 60,000-square-foot facility in Fremont, California, to train its humanoid robots as Tesla prepares to manufacture its Optimus robots nearby.
Patreon is actively blocking AI bots that scrape its content for training, a shift from previous requests for compliance with robots.txt files. The move follows increased sophistication in AI scraping since 2023.
Netflix now employs AI in 300 productions, mostly in post-production, with co-CEO Ted Sarandos citing cost and time savings.
Foundation Future Industries, backed by Eric Trump, is developing a humanoid robot with lethal capabilities for military applications, including contracts worth millions.
AMI Labs CEO Alexandre LeBrun declines to use terms like 'AGI' or 'superintelligence,' citing lack of clear definitions, as the startup focuses on world models for real-world applications.
Andrew Dai, former DeepMind researcher, secured a $55 million seed round at a $300 million valuation for Elorian, a visual AI startup, just months after leaving Google.