Anthropic is soliciting investor allocations for a roughly $50 billion funding round targeting a $900 billion valuation, with closure expected within two weeks. The AI company, which has surpassed $30 billion in annual r...
Elon Musk testified in federal court that xAI used distillation techniques—training AI models by prompting competitors' chatbots—on OpenAI models to develop Grok, calling it a general industry practice. This admission co...
Runway, an AI video generation company valued at $5.3 billion, is expanding beyond creative video tools into developing general world models. CEO Cristóbal Valenzuela indicates these models will have applications in gami...
Amazon Web Services announced immediate availability of OpenAI's latest models, Codex, and a new agent-building service called Bedrock Managed Agents on its platform. This follows OpenAI's revised agreement with Microsof...
Industry analyst Ming-Chi Kuo reports that OpenAI is developing a smartphone in collaboration with MediaTek, Qualcomm, and Luxshare, potentially replacing traditional apps with AI agents. The device would be designed to...
Google plans to invest up to $40 billion in Anthropic, with $10 billion committed immediately at a $350 billion valuation and $30 billion contingent on performance targets. The investment includes providing 5 gigawatts o...
OpenAI recently acquired personal finance startup Hiro and media company TBPN in what appear to be acqui-hire deals aimed at addressing existential business challenges. The Hiro acquisition may help OpenAI develop consum...
OpenAI's Kevin Weil (head of science research initiative) and Bill Peebles (Sora AI video tool creator) have announced their departures as the company consolidates around enterprise AI. The exits follow OpenAI's decision...
OpenAI is aggressively acquiring companies across various sectors including finance apps and media properties, while a shoe company has repositioned itself as an AI infrastructure provider. Anthropic has developed a mode...
OpenAI is aggressively acquiring companies across various sectors while competitors pivot toward AI infrastructure. Anthropic has developed a model deemed too powerful for public release but is demonstrating it to high-l...
