The trial between Elon Musk and Sam Altman concluded this week, with closing arguments centered on whether the individuals leading AI development can be trusted. The legal proceedings coincide with SpaceX preparing for a...
AI video generation startup Runway, valued at $5.3 billion, is shifting from video generation tools to building world models that learn directly from observational data rather than language. The company believes training...
Wirestock, a platform that originally helped photographers sell stock photos, has pivoted to become a data provider for AI labs, raising $23 million in Series A funding. The company now supplies images, videos, design as...
Anthropic is experiencing rapid growth, potentially reaching a $950 billion valuation and outpacing OpenAI in business market share. Cat Wu, head of product for Claude Code and Cowork, discusses Anthropic's product strat...
According to Ramp's AI Index based on expense data from over 50,000 companies, Anthropic now has 34.4% of verified business customers compared to OpenAI's 32.3%, marking the first time Anthropic holds the top position. A...
Google and SpaceX are reportedly in discussions to launch data centers into orbit, potentially revolutionizing AI compute infrastructure. SpaceX is positioning orbital data centers as a cost-effective solution for AI wor...
Anthropic has agreed to lease all compute capacity at xAI's Colossus 1 data center in Tennessee, marking a strategic shift for xAI away from frontier AI model development. The deal comes as SpaceX prepares for an IPO and...
Cloudflare announced a 20% workforce reduction affecting 1,100 employees, marking its first mass layoff in 16 years, while simultaneously reporting record quarterly revenue of $639.8 million. CEO Matthew Prince attribute...
Leaders from across the AI supply chain convened at the Milken Global Conference to discuss critical challenges facing AI development, including severe chip shortages expected to last 3-5 years, energy constraints prompt...
SpaceX and xAI are considering building a semiconductor factory called 'Terafab' in Texas with potential investment up to $119 billion, partnering with Intel to manufacture chips for AI servers, satellites, space data ce...
