AI Business · Page 11
funding, startups, jobs, and how people and companies are actually making money with AI

AI search is sending more shoppers to Shopify stores, not fewer
While publishers watch AI summaries drain their traffic, Shopify says AI-driven visits and orders to its merchants tripled year-over-year in Q2 2025.

Anthropic Is Building Its Own AI Chips
The company behind the Claude chatbot is hiring chip designers to make its AI faster and cheaper to run, following a path already taken by OpenAI, Google and Meta.

SpaceX Reports Record Revenue but Shocks Investors With $16 Billion AI Spending Bill
The rocket company beat earnings expectations by a wide margin, then watched its share price drop 10 percent after revealing it spent nearly $16 billion on AI infrastructure in a single quarter.

Your Company Bought the AI. Now Comes the Harder Part.
NTT DATA AIVista's CEO says most enterprise AI projects fail not because the model is bad, but because no one does the unglamorous work of wrapping it in real workflows, real data, and real guardrails.

SpaceX Has Spent $329 Million on Tesla Batteries This Year. Here's Why.
The rocket company is buying industrial-scale battery storage at a pace that shows just how tightly Elon Musk's businesses are wired together, and what that means for the AI data centers powering it all.

Wall Street hits record highs as AI company profits surge and oil prices drop
The S&P 500 climbed to its best-ever close on Tuesday, driven by strong earnings from tech and AI firms and cheaper oil. Here is what it means for ordinary investors.

AMD's AI chip sales just doubled in a year. Its gaming business? Not so much.
AMD made $6.7 billion from data centre chips in a single quarter, driven almost entirely by AI demand. Gaming revenue fell 31 percent.

SpaceX AI Revenue Tripled to $2.6 Billion, But the Division Still Lost $1.5 Billion
SpaceX is now a major seller of computing power to AI companies, but its AI arm is burning cash even as the broader company narrows its losses.

Anthropic signs a $10 billion cloud deal with startup Volta to power its Claude AI
A six-year agreement will see a brand-new Norwegian data centre feed computing power to Anthropic, backed by Nvidia's latest chips and a crypto-mining firm.

OpenAI Flew Influencers to a Luxury Retreat. The Backlash Was Louder Than the Content.
The company's first brand trip invited career creators to a $2,000-a-night nature resort. What followed was a public argument about AI jobs, data centres, and who is being paid to make you feel good about artificial intelligence.

AI Is Everywhere in R&D Labs. So Why Are Billions Still Going to Waste?
A new report finds that most companies are using AI to crunch numbers, not to make smarter calls. And that gap is costing them dearly.

The AI Data Center That Fits in a Box: Inside Runware's Sonic Inference Pod
A startup wants to replace giant, water-hungry data centers with small, portable computing units that can be shipped anywhere there is a power socket. Here is what it is building, and whether it holds up.

OpenAI Fires Back at Apple's Trade-Secrets Lawsuit With Emails and Text Messages
Apple says two former employees stole confidential information on their way out. OpenAI says the allegations are false, and it published the messages to prove it.

Hollywood Is Already Using AI. The Question Is Who Admits It.
From a showrunner ordering her writers to use ChatGPT to Netflix paying $587 million for Ben Affleck's AI startup, the entertainment industry's relationship with artificial intelligence is more complicated than the public debate suggests.

Palantir posts record profits, then its CEO calls the AI industry 'Marxist'
Alex Karp says frontier AI labs are quietly capturing companies' knowledge and expertise. His own results, though, show just how well his firm is riding the AI wave.