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.
Brendan Foody of Mercor accuses Sequoia of using dual-pricing strategies to inflate startup valuations, citing a $1 billion headline valuation for Serval despite a $400 million actual entry point.
OpenAI has filed confidential paperwork for an initial public offering, becoming the third company to seek a potential trillion-dollar IPO this year.
OpenAI submitted a confidential S-1 to the SEC on June 8, 2026, signaling potential public listing plans.
OpenAI is transforming ChatGPT into a 'superapp' with coding tools and AI agents, aiming to boost revenue ahead of its IPO this year.
Token usage is becoming a business metric as AI providers shift from flat rates to usage-based pricing, with GitHub Copilot and Anthropic leading the change.
A KPMG survey found only 26% of companies fully track AI costs, with many facing unexpected token-based billing spikes.
Amazon launched an AI feature in its Shopping app, enabling users to create custom merchandise for free, available only in the U.S.
Moonshot AI, the company behind Kimi, seeks a $30 billion valuation, over six times its late-2025 value of $4.3 billion.
Microsoft's decision to charge per token for GitHub Copilot has led to the term 'Tokenpocalypse' being used in corporate circles, highlighting rising costs in the AI industry.
President Trump discussed potential deals with AI companies to benefit Americans, with OpenAI being a likely candidate, as reported by CNBC.
Elon Musk's xAI reportedly trained its coding models on Claude outputs for months before access was cut off.
Meta's Hatch AI agent, its first paid product, could cost up to $200 monthly, competing with OpenAI and Anthropic.