Elon Musk testified in his lawsuit against OpenAI, alleging Sam Altman and cofounders misled him about the organization's non-profit structure before launching a for-profit arm. Under cross-examination, Musk admitted Tes...
Microsoft CEO Satya Nadella confirmed that under the revised OpenAI partnership, Microsoft retains royalty-free access to OpenAI's models and IP through 2032, while no longer paying for them. Microsoft reported its AI bu...
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...
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, raised $100 million Series B at a $2 billion valuation led by Sequoia, just five months after its Series A. The startup provides web search and research...
Scout AI, a defense startup founded in 2024, raised $100 million to develop "Fury," an AI model based on Vision Language Action (VLA) technology for operating autonomous military vehicles and weapons systems. The company...
