Cloud AI provider Databricks, through a new agreement with OpenAI, will be able to host models such as GPT-5 for its customers, in a move to address data security concerns for Fortune 500 companies. The partnership enables Databricks’ customers to run OpenAI’s models and design AI agents ... Read more ›
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OpenAI agreed to purchase up to $6.5 billion of cloud services from CoreWeave, pushing its contracted spending with the cloud provider to about $22.4 billion, the companies said Thursday. The expanded contract adds to OpenAI’s spending commitments as it tries to secure enough computing ... Read more ›
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Snowflake is reversing an incendiary trend of software incumbents such as Salesforce and Atlassian walling off data in their applications from artificial intelligence startups that threaten them.On Tuesday, Snowflake said a consortium of more than a dozen other enterprise app and database providers—including, ironically, Salesforce—have committed to operating business intelligence and other analytics apps so that chatbots or other conversational AI can pull data from all of them at once.... Read more ›
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The U.S. government said Thursday that it had signed a deal with Elon Musk’s xAI that will allow federal workers to use the Grok chatbot for a nominal fee. The government announced similar deals with OpenAI and Anthropic last month. “Thanks to President Trump and his administration, xAI’s ... Read more ›
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Amazon will pay $2.5 billion to settle the Federal Trade Commission’s lawsuit over the e-commerce firm’s alleged use of deceptive practices to unknowingly lock consumers into its Prime membership, the FTC announced Thursday. Amazon will pay a $1 billion civil penalty and refund $1.5 billion to ... Read more ›
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Elon Musk’s xAI sued OpenAI for hiring away several employees who xAI alleges stole trade secrets. Staff that OpenAI poached from xAI include several engineers and an unnamed former senior finance executive. The lawsuit, filed late Wednesday, alleges that OpenAI poached eight xAI employees as ... Read more ›
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These days, it seems like each week another artificial intelligence startup announces it’s surpassed $100 million in annualized revenue, a milestone that historically meant a startup had achieved “product-market fit”—in other words, customers really want to pay for its products.In the last five months, our reporting shows that at least five “AI native” startups that sell apps to enterprises and software developers—ElevenLabs, EliseAI, Replit, Synthesia and Lovable—have joined the “$100... Read more ›
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There’s nothing like an earth-changing new technology to get the tech industry’s dealmaking juices flowing. That’s been good news and bad news for bankers, who have pocketed fees but have been boxed out of some of the biggest deals. We’ve pulled together a list of the bankers who have led the way on artificial intelligence dealmaking. The winners include people from boutique firms such as Qatalyst Partners and Centerview Partners... Read more ›
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If you’ve ever wondered why Apple has never bought a TV giant like Warner Bros. Discovery, just look at the minidrama over its upcoming Apple TV+ thriller “The Savant.” Apple this week delayed release of the show, about a “top-secret undercover investigator known as the Savant, who infiltrates online hate groups to take down the most violent extremists,” prompting a rebuke on X today from its star, Jessica Chastain.Apple hasn’t... Read more ›
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Oracle raised $18 billion in a debt offering that was upsized from an earlier $15 billion target due to strong demand, said a person familiar with the deal. The offering includes bonds maturing as far out as 40 years from now, a rarity in the debt markets. The largest portion maturing in 2035 ... Read more ›
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Intel has approached Apple to seek an investment, Bloomberg reported, as part of the struggling chipmaker’s efforts to shore up its business. Shares of Intel rose more than 6% after the report, while Apple shares fell less than 1% Wednesday. Intel representatives declined to comment. Apple didn’ ... Read more ›
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The judge overseeing an antitrust case over Google’s ad tech operations, Leonie Brinkema, signaled skepticism on Wednesday about whether Google should be forced to divest part of its ad tech business. Her comments came on the third day of a hearing considering how to overhaul Google’s ... Read more ›
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Alibaba Group’s share price rose more than 9% on Wednesday, after the Chinese tech giant announced a slew of artificial intelligence related developments in a conference. The company released the 1 trillion-parameter Qwen3-Max, the latest addition to the Qwen suite of large-language models. It’s ... Read more ›
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Fermi America, a data center site developer founded by former Energy Secretary Rick Perry, is targeting a roughly $13 billion valuation in its initial public offering on the Nasdaq exchange. Founded this year by Perry and others, Fermi has no revenue. It is aiming to build and power the ... Read more ›
2
The race to develop personal AI devices is in full swing. Meta’s announcement of a new line of smart glasses with a built-in AI assistant is the latest example of tech giants and ambitious startups trying to transform AI into the next personal device after the smartphone. We asked Deep Research to create a comprehensive report on the topic. Read more ›
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When Dan Lahav was in grade school, he became obsessed with the short stories of Isaac Asimov, where robots gain sentience and trick humans into relinquishing control of society. Today he spends his time prodding artificial intelligence to do just that. Lahav is CEO of Irregular, a two-year-old startup that specializes in testing AI models’ capacity for malice. OpenAI, Anthropic, and Google DeepMind have hired Irregular, which was previously named... Read more ›
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After Meta Platforms bought nearly half of the data labelling startup Scale AI and hired its co-founder Alexandr Wang and other key employees, Scale’s future looked uncertain. Even more so after the nine-year old startup laid off 200 employees and customer OpenAI wound down its work with the company.Now, we’re getting a sense of how Scale’s business could evolve in the coming years. It’s continuing to develop AI applications and... Read more ›
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DataBank, a data center developer backed by DigitalBridge and Australia’s superannuation fund, raised $1.1 billion in the first data center asset-backed securities offering to be given a credit rating by Moody’s. The financing is more evidence that major credit rating agencies are getting ... Read more ›
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Cloudflare, which says it powers 20% of the world’s internet traffic, on Wednesday announced a new feature that it said will enable website owners to block Google’s AI Overviews search product without having to opt out of being included in Google search. The feature, if effective, could ... Read more ›
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The U.S. artificial intelligence sector is so crowded with Chinese researchers that some joke the global AI race is between two groups of Chinese—those in the U.S. and those in China. That joke may soon feel a bit stale. A growing number of Chinese AI researchers and doctorate students in the U.S. are seriously considering moving back to China, concerned about discrimination and the immigration restrictions Donald Trump’s administration is... Read more ›
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28.10.2025 01:17
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