Topic: Business
103 stories
- Meta sued over Facebook, Instagram photos used for NameTag, AI training
- Mecka AI nears $500M valuation in Sequoia-led round
- Anthropic sued over deceptive Claude usage limits
- Nvidia's Jensen Huang reiterates 70% revenue growth guidance
- Tailwind CSS joins Shopify for a stable long-term home
- Paul Christiano joins OpenAI's board amid AI safety scrutiny
- Listen Labs walks away from $125M round amid Salesforce acquisition talks
- X likely abandoned TWEET trademark and Bird Logo, court rules, but keeps TWITTER for now
- Meta drops AI usage from performance reviews after "tokenmaxxing" backfires
- Cognition raises $2 billion at $48 billion valuation
- UBS makes AI skills a hiring bar for junior bankers
- Mistral raises €3B Series D, Europe's largest-ever tech round
- Apple's John Ternus becomes CEO as Nvidia expands its AI stack bets
- Anthropic signs $517 billion in compute deals despite Amodei's warning
- Travis Kalanick's Atoms eyes robotaxi push after $1.7bn round
- Nvidia's $12.9bn Hugging Face deal raises antitrust concerns
- Nitter to continue despite X Corp cease and desist
- Authors push back as publishers and agents claim Anthropic settlement shares
- Seattle Times and Newsday sue OpenAI and Microsoft over AI training
- OpenAI drops Cursor, forgoes $1 billion to avoid Elon Musk
- XDOF in talks for $1.2B Series B just three months out of stealth
- Nscale seeks $3.5 billion in pre-IPO financing from Nvidia and investors
- Microsoft says under 1% of Copilot logs echoed news content in NYT suit
- Thinking Machines in talks to raise $1B at $40B valuation, down from $50B target
- Nvidia to buy Hugging Face for about $12.9 billion
- Crusoe reportedly raises $3B at $30B valuation
- Palo Alto Networks paid $500M for Console, sources say
- Jujutsu creator Martin von Zweigbergk joins ERSC as CTO
- Google reportedly seeks Hollywood AI licensing deals
- AfterQuery reportedly valued at $3.2 billion, YC's fastest unicorn
- OpenAI says ChatGPT Ads hit $1 billion run rate in under 200 days
- Apple says ex-employee used its schematics at OpenAI, then helped destroy evidence
- Vijay Pande left a16z's nearly $4bn practice for tiny VZVC
- Sony Music, Warner Chappell sue Anthropic over Claude piracy
- OpenAI launches commercial operations in Brazil
- OpenAI winds down Cursor contract after SpaceX acquisition
- OpenAI launches its first Thai government AI accelerator
- Lambda raises $1B in debt to buy Nvidia chips for Microsoft
- xAI accused of training Grok on child sexual abuse material
- Twitter.now launches, says X gave up the Twitter trademark
- Nvidia reportedly agrees to buy Hugging Face for $12.9 billion
- Nvidia forecasts $108 billion in quarterly revenue after record earnings
- Meta scraps AI layoff plan as agents underperform, staff revolt
- Instinct raises $250M Series B at $2.5 billion valuation
- Bambu Lab's ongoing AGPLv3 violation draws SFC activism
- AWS acquires DuckLabs, the company behind DuckDB
- Robotics startup Generalist reaches $3B valuation, sources say
- Ringg raises $10M from Peak XV in Series A extension
- SEC probes AI hedge fund Situational Awareness after losses
- Nvidia's $500 billion compute-as-asset pitch doesn't add up
- Logitech sued for withholding $61 million tariff refund
- Greg Brockman becomes OpenAI's de facto second-in-command
- General Intuition in talks to raise funding at $6B valuation as it pushes into robotics
- Anthropic's Opus 4.8 dominates model spend as new Opus 5 holds 3.5%
- Salesforce partners see no meaningful revenue from Agentforce
- Nvidia invests in data center developer Cloverleaf Infrastructure
- OpenAI gains on Anthropic in business market share, Ramp data shows
- Micro1 reaches $500M gross run rate amid AI training-data boom
- OpenRouter joins Stripe, says nothing changes for users
- Cognition CEO denies SpaceX tried to acquire the startup
- Meta's blockbuster trial draws parallels to big tobacco
- Etched raises $700 million as valuation doubles to $21 billion in a month
- Relay shuts down, founder Jacob Bank joins Google as Chrome VP of product
- Anthropic's annualized revenue tops $65B, eyes $2T IPO
- AI video market rebounds as Higgsfield hits $5.4 billion valuation
- Stripe reportedly finalizes $7B+ OpenRouter acquisition
- Nvidia scales back OpenAI data center guarantee to $120 billion
- Brokers turn unused AI credits into a resale market
- SpaceX closes $60 billion acquisition of Cursor
- Grok lawsuit widens: stepfather allegedly made 7,000+ explicit images of her
- OpenAI appoints Dali Rajic as chief revenue officer
- OpenAI's Denise Dresser departs, second exec exit this week
- Databricks raises $5 billion at $190 billion valuation
- Lovable raises $400M Series C at $13.3B valuation
- Cognition reportedly in talks for $40B valuation, up from $26B
- Dropbox pitched as a private equity buyout target
- Accel closes oversubscribed $550M India fund
- OpenAI completes $7B secondary share sale ahead of possible IPO
- Situational Awareness invests $400M in chip startup Source Foundry
- Bose expands into B2B audio licensing as AI wearables loom
- SAP freezes hiring and travel as AI costs soar
- OpenAI acquires presentation startup NextSlide
- Google dismantles DeepMind as Hassabis heads for the exit
- Survey: R&D budget waste persists despite AI adoption surge
- Microsoft's AI revenue relies on OpenAI for 70 percent, Bloomberg reports
- Meta ordered to pay $942 million over child safety harms
- Cloudflare CFO predicts machine traffic could dwarf human traffic 1,000x
- Nikita Bier steps back from leading product at X
- Klaviyo acquires Agency, names Elias Torres chief product officer
- Demis Hassabis steps back as Google DeepMind CEO, Jeff Dean departs to launch Discovery Loop
- AI inference costs are eroding software's 75-85% margins
- SpaceX made more money from AI than from rockets last quarter
- Oxide Computer raises $445M, SEC filing shows
- OpenAI disputes Apple's lawsuit over former Apple employees
- Google moves $35bn of Anthropic TPU risk off its balance sheet
- AMD data center revenue more than doubles to $6.7 billion as gaming slumps
- Palantir CEO Karp brands AI labs 'Marxist' after record Q2
- Design Arena raises $7.9 million seed round for AI feedback
- Reddit's Huffman questions value of Google's AI Overviews
- Reddit beats Q2 targets but stock drops 10% on AI search fears
- Samsung engineers defect to SK Hynix over a $476,000 AI chip bonus gap
- Nvidia's circular AI deals show compute turning into a commodity
- Microsoft pitches its own AI models over OpenAI, Anthropic