AI startup Anthropic has raised $3.5 billion in a Series E funding round led by Lightspeed Venture Partners, bringing the company's total funding to $18.2 billion. The investment will support Anthropic's development of a...
Google co-founder Sergey Brin has urged employees to return to the office daily, stating that this is necessary for Google to win the AGI race. Brin suggested that 60 hours of work per week is the "sweet spot" for produc...
Meta is reportedly developing a standalone app for its AI assistant, Meta AI, to compete more directly with ChatGPT and Google's Gemini. The company is also planning to test a paid subscription service for Meta AI with e...
OpenAI CEO Sam Altman revealed that the company is facing GPU shortages that are forcing a staggered rollout of its new GPT-4.5 model. The massive and expensive model, which is being priced at $75 per million input token...
According to information reportedly provided by Anthropic to Wharton professor Ethan Mollick, their latest flagship AI model Claude 3.7 Sonnet cost only "a few tens of millions of dollars" to train using less than 10^26...
Chinese AI startup DeepSeek has reopened access to its API after a three-week pause caused by capacity constraints. The company's openly available R1 reasoning model has gained recognition for matching or exceeding the p...
Microsoft has canceled leases totaling approximately two data centers' worth of capacity with multiple providers. This contraction stands in contrast to significant industry expansion, including the $500 billion Stargate...
Anthropic is finalizing a $3.5 billion fundraising round at a $61.5 billion valuation, up from an initially planned $2 billion. Despite reaching $1.2 billion in annualized revenue, the company continues to operate at a l...
Chinese AI lab DeepSeek has announced plans to open source portions of its online services' code as part of an upcoming "open source week" event. The company will release five code repositories that have been thoroughly...
OpenAI has announced it now serves 400 million weekly active users, up from 300 million in December 2024, demonstrating rapid growth in consumer adoption. On the enterprise side, the company has reached 2 million paying...
