Anthropic, a leading AI safety company, is preparing for an initial public offering that could occur as early as 2026, hiring Wilson Sonsini as legal counsel. The company is reportedly seeking a funding round valuing it...
Apple has replaced its AI chief John Giannandrea with Amar Subramanya, a Microsoft executive with extensive Google experience, following significant struggles with Apple Intelligence since its October 2024 launch. The ch...
Data center electricity consumption is forecasted to increase from 40 gigawatts to 106 gigawatts by 2035, representing a nearly 300% surge driven primarily by AI training and inference workloads. New facilities will be s...
Nvidia reported record Q3 revenue of $57 billion, up 62% year-over-year, driven primarily by its data center business which generated $51.2 billion. The company's CEO Jensen Huang emphasized that demand for its Blackwell...
Hugging Face CEO Clem Delangue argues that while large language models (LLMs) may be experiencing a bubble that could burst soon, the broader AI field remains healthy and is just beginning. He predicts a shift toward sma...
Jeff Bezos is returning to an operational role as co-CEO of Project Prometheus, a new AI startup that has raised $6.2 billion in funding. The company, co-led with former Google life sciences executive Vik Bajaj, focuses...
Andy Konwinski, Databricks co-founder, warns that the US is losing AI dominance to China as major American AI labs keep research proprietary while China encourages open-source development. He argues that US companies hoa...
Anthropic has partnered with UK-based Fluidstack to build $50 billion worth of custom data centers in Texas and New York, scheduled to come online throughout 2026. This infrastructure investment is designed to support th...
Yann LeCun, Meta's chief AI scientist and Turing Award winner, is reportedly planning to leave Meta in the coming months to start his own company focused on world models. His departure comes amid Meta's organizational re...
The Laude Institute announced its first Slingshots grants program, providing fifteen AI research projects with funding, compute resources, and engineering support. The initial cohort focuses heavily on AI evaluation chal...
