Microsoft, Databricks, SAP and other AI software providers are fighting over control and access to enterprise data known as the semantic layer, as we reported last week. Semantic layers are essentially a data management tool that companies use to standardize definitions for their business metrics, such as revenue and customers, and are now enabling AI to work more accurately and efficiently inside enterprises.Retailer Lowe’s, for instance, recently began using its... Read more ›
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Baseten’s talks to raise fresh funding at an $11 billion valuation are the latest sign that investors are betting the messy work of helping developers run AI models can become one of the next big businesses in AI. That boom has lifted a group of companies including Baseten, Fireworks AI, Together AI and Modal. These startups give customers access to GPU capacity and offer software that makes AI models easier... Read more ›
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On Wednesday, the Illinois House of Representatives passed a bill that will require major AI companies to submit their model safety plans for third-party audits, as well as creating whistleblower protections for those companies’ employees. While Governor JB Pritzker still has to sign the bill ... Read more ›
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Anthropic on Thursday announced its new flagship AI model, Claude Opus 4.8, which showed improvements in standardized AI performance evaluations in coding, financial analysis and other fields. The company also said the model is more likely to flag uncertainties about its work and less likely to ... Read more ›
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Anthropic said Thursday it had raised $65 billion at a valuation of $900 billion before the financing, more than double the valuation in a round closed three months earlier. New investors Micron, Samsung and SK Hynix, which make a key component of AI chips, are investing in the model maker. The ... Read more ›
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SpaceX is committed to renting its data center capacity to Anthropic for 180 days, though it could extend the deal for longer, CEO Elon Musk said Thursday. The comment provides more detail than language in SpaceX’s recent public S-1 filing. That document, which SpaceX published last week ahead ... Read more ›
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Microsoft next week will unveil a suite of new homegrown AI models at its annual Build conference for app developers in San Francisco. The question is whether it can win over these people.The company plans to unveil a coding model to boost the competitiveness of Microsoft-owned GitHub Copilot, a coding assistant whose early lead in the AI coding market was eroded by Cursor and Claude Code, according to someone with... Read more ›
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At Apple’s annual developer conference next month, the star of the show will be a series of long-delayed artificial intelligence upgrades to the iPhone. But the company is also expected to emphasize what could be an underrated asset in its efforts to catch up in AI: Its ability to run AI models on the billions of Apple devices in circulation. People familiar with the company’s plans for its Worldwide Developers... Read more ›
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Shares of traditional software providers have been battered this year over AI fears. Investors’ reaction to Snowflake’s and Salesforce’s quarterly results Wednesday suggests some providers are in better shape than others.Snowflake shares jumped more than 35% to their highest point since December after the database provider said its most-watched sales metric grew 34% during its April quarter from a year-ago, beating the company’s own projection by seven percentage points. Read more ›
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Khosla Ventures partner Ethan Choi, a leader of the early-stage firm’s investments in mature startups like cloud provider Vercel, is leaving to launch a new venture firm. The new firm, called Atomus, is in the process of raising a new venture fund of at least $500 million, according to a person familiar with Choi’s plans. About half of the fund has already been raised, the person added. Read more ›
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Meta Platforms plans to place engineers and product managers inside large corporate customers as part of a new unit at the social-media giant to push businesses to use its AI tools and services. In an internal memo, senior executive Naomi Gleit said the new organization, called Enterprise Solutions, will be made up of product managers who lead customer engagements, data engineers who prepare client data for use in Meta’s AI... Read more ›
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Meta Platforms is launching paid subscriptions for its AI chatbot across Facebook, Instagram, and WhatsApp as it looks to monetize its investments in artificial intelligence. The company’s head of product, Naomi Gleit, announced Wednesday that it is testing out new subscription plans. The ... Read more ›
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Federal prosecutors charged a Google employee with using confidential information to win $1.2 million betting on Polymarket, according to a Federal Court complaint unsealed on Wednesday. Michele Spagnuolo, a staff software engineer at Google, allegedly placed bets on the prediction market for ... Read more ›
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Shares of Snowflake rose more than 30% late Wednesday after the database provider surpassed its earlier forecast for product revenue—its most closely watched sales metric—by around $125 million for the first quarter ending April 30. The company raised its full-year product revenue target by $180 ... Read more ›
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Database firm Snowflake said it has committed to spending $6 billion on Amazon Web Services over the next few years, including using Amazon’s Graviton chips and AI infrastructure. Graviton is a CPU, a chip designed for general computing. CPUs are becoming increasingly important as businesses ... Read more ›
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Salesforce on Wednesday lowered its projection for cash flow growth in its 2027 fiscal year, which ends January next year. The stock fell 3% in after-hours trading following Salesforce’s quarterly earnings results for the April quarter. The software firm said operating cash flow will rise 4% to ... Read more ›
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United Texas Bank, a crypto-friendly bank, said it successfully switched its regulator through a charter conversion, despite being under a consent order. The move will help it grow its business serving digital asset firms and foreign banks. The Dallas-based bank, which has about $1 billion in ... Read more ›
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Coding startup Cognition has raised more than $1 billion in a funding round that valued the company at $26 billion including the investment, the company said in a blog post. That’s nearly double its valuation from its last fundraise, which valued the three-year-old company at about $10 billion ... Read more ›
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OpenAI’s foundation will grant $250 million in funding to promote research into the impact of artificial intelligence on the economy and jobs, the company said in a blog post on Wednesday. The company’s charitable arm was separated from OpenAI’s for-profit business last fall as part of a ... Read more ›
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Amazon is marketing a new service to let other retailers take advantage of its AI shopping assistant technology. For the past two years, Amazon has offered an AI shopping chatbot on its main retail site, which was originally called Rufus, but earlier this month was rebranded to Alexa for ... Read more ›
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27.07.2026 23:47
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