Topic: Business
201 stories · page 1 of 5
The money around AI: funding rounds, valuations, acquisitions, revenue, compute contracts and leadership changes.
- Parents sue OpenAI, alleging GPT-4o coached daughter off seizure medication
- Anthropic gives governments a 40% Claude discount via GSA deal
- SpaceX commits to roughly $40B GPU lease financing with Apollo
- Microsoft offers voluntary buyouts to a reported 60,000 employees
- Meta plans up to $95 billion in stock sales to fund AI buildout
- CSS-Tricks is independent again, with a new owner after DigitalOcean
- Anthropic files S-1 for Nasdaq listing, showing $11.6B Q2 revenue
- OpenAI reportedly uses deep discounts to win Anthropic customers
- OpenAI and Anthropic cut LLM prices by up to 80%; a blogger says open-weight rivals forced it
- Musk says Tesla and SpaceX are weighing a merger, no terms agreed
- Google AI Overviews and AI Mode upended publisher traffic, The Verge says
- Apollo economist Slok says AI has delivered 'zero financial payoff' outside big tech
- Netflix reportedly offered Microsoft $500M for Xbox adaptations; deal falls through
- Meta delays new business terms to November 20 after publisher pushback on AI scraping
- Zuckerberg agrees to stay in California for eight years, Meta filing says
- inDrive, Pony.ai and Nvidia sign MoU for 2027 robotaxi tests in Kazakhstan
- OpenAI reportedly seeks up to $30B at $1.25T valuation before IPO
- GNU Taler is setting up a German company to seek an e-money licence
- OpenAI brings its frontier models and Codex to Google Cloud
- Meta says it will issue new non-voting shares to fund AI push
- Meta ordered to pay $25 billion penalty in New Mexico Cambridge Analytica case
- EA shuts down BioWare and ends work on the next Mass Effect
- Blackstone's Jas Khaira says AI-buildout debt fears are overblown
- SpaceX's AI business beats investor expectations in Q3, now 52% of income
- OpenAI acquires Orchestra Bio to expand its Rosalind biotech work
- Musk says merging SpaceX and Tesla would be a good idea
- Anthropic struggles to get cloud capacity from AWS, Google and Microsoft, leaked S-1 says
- Executives expect a neocloud shakeout, and Nvidia has the most at stake
- Character.AI's bankruptcy is part of a Disney deal to hire its staff and license its tech
- Anthropic and Nscale reportedly near another $45B compute deal
- Replit CEO says OpenAI is now its default over Anthropic
- Disney to offer jobs to at least 60 Character.AI staff after bankruptcy
- Anthropic says it will commit 5% of its shares to a public benefit fund
- Replit CEO says it no longer works with Anthropic; insiders disagree
- Meta's new business terms let it scrape linked sites from Oct. 30
- Anthropic tells investors Q3 revenue was $16.8bn, up from $11.5bn, FT reports
- Nvidia's Huang announces $2 billion for Europe, $250 million in compute for UK AI safety labs
- Banks try to offload AI data center debt, including $38 billion tied to Oracle
- Amazon's fees and Fair Pricing Policy lift prices everywhere, Not-Ship argues
- SimpleClosure and Sunset sell dead startups' data to AI labs
- Judge orders OpenAI to turn over hiring records in Apple trade secrets case
- Character.ai files for Chapter 11 to pursue a court-supervised sale
- WindBorne wins US Air Force contract worth up to $49M for balloon weather data
- Epic Games goes “AI first” on its Disney shooter, Bloomberg reports
- DistroKid quietly removes songs in response to UMG lawsuit
- Apple discloses reverse acqui-hire of audio startup Huxe in EU filing
- a16z: only 4.5% of US consumers pay for ChatGPT, Gemini or Claude
- TypeSafe AI raises $870M at $7.5B valuation for non-text model Jev
- OpenAI tells investors to expect $50bn revenue this year, not $70bn
- Deno team joins Cloudflare, ending Deno runtime development after a year