AI Business · Page 14
funding, startups, jobs, and how people and companies are actually making money with AI

An AI chip startup just tripled its valuation in six months. Here's who's paying and why.
Etched has raised $700 million at a $21 billion valuation, led by a Wall Street trading giant that actually tested the hardware first. The numbers are striking. The speed of the rise is even more so.

Perplexity gave away a year of free AI to 360 million Indians. Here is what happened next.
A deal with telecom giant Airtel flooded India with free premium subscriptions. Now that free year is ending, the revenue data offers the first real clue about whether giveaways can build paying AI customers.

Warp launches a ready-made AI software factory so smaller companies can automate coding without building everything from scratch
Warp Factories gives engineering teams a pre-built system of AI agents that can handle the full cycle of software development, from planning a task to shipping and reviewing the code.

AI tools sound most confident exactly when they are most wrong, new testing shows
A developer built a testing framework to measure whether an AI explainer tool actually got the right answer, not just whether it sounded convincing. What he found should worry any business relying on AI to guide real decisions.

The AI shortcut that costs companies six times more than it should
A lead AI engineer spent a year building decision systems for regulated industries and found one fix that cut costs by 6x: stop sending every question to the language model in the first place.

DeepSeek's V4 Flash aces the leaderboards but stumbles on real work, then raises its prices
The AI model everyone called a bargain just got more expensive. New testing shows its real-world performance is patchier than its benchmark scores suggest.

Anthropic's revenue hits $65 billion a year, and it's still accelerating
The maker of the Claude AI assistant is growing faster than almost any company in history, and investors expect it to hit $100 billion or more by year's end.

Relay shuts down and its CEO heads to Google Chrome
The AI workflow startup is closing its doors in September. Its founder is joining Google as VP of Product for Chrome, where he says he has "ambitious plans" for AI.

Same Cluster, 33 Points More GPU Utilisation: What Changed Was the Order
A new scheduling system squeezed a third more work out of the same AI hardware just by changing which job runs first. Here is what that means for companies paying for GPU time.

Groq raises $350 million after ditching its own chips for Nvidia's
Once an Nvidia rival, the startup is now an Nvidia customer. Here is what happened and what it means for the cloud companies racing to run your AI.

Nvidia puts $1.5 billion into the data center company behind OpenAI's giant Ohio facility
The chip maker will also extend up to $105 billion in credit to help build a site that could eventually draw as much power as a small city.

AMD Says AI Now Writes 30% of Its Code. The Next Step Is Letting It Think for Itself
AMD's software teams hit a productivity milestone a year ahead of schedule. Now they're redesigning the entire development process around AI agents that solve problems without being told how.

Wispr raises $280 million and sets its sights on meetings, not just dictation
The AI dictation startup is now valued at $2 billion and just launched a new voice model that it says will cut speech errors by two-thirds.

Microsoft's AI Chip Count May Not Add Up, Investigation Finds
A Guardian investigation claims there is a gap between what Microsoft says about its AI computing power and the number of advanced chips it actually has running. Here is what that means and why it matters.

Arm Co-founder: AI Will Create More Value Than Any Tech Wave Before It, But Expect a Bumpy Ride
Hermann Hauser helped build the chip technology inside almost every smartphone on earth. His verdict on AI is bullish and cautious in equal measure.