AI Business · Page 15
funding, startups, jobs, and how people and companies are actually making money with AI

Stripe Is Reportedly Buying AI Model Marketplace OpenRouter for More Than $7 Billion
The payments giant is said to have struck a deal to acquire a startup that lets businesses shop across hundreds of AI models the way Stripe lets them shop across payment methods.

AI Agents Are Quietly Draining a Resource Nobody Saw Coming: the Humble CPU
Amazon Web Services is rationing CPU capacity, Intel has sold out of server chips, and AMD has doubled its forecast. The AI boom just got a new bottleneck.

Writer's Palmyra X6 cuts AI agent costs by 52%, and it's built on a Chinese open-source model
The enterprise AI firm says its new flagship model is faster and cheaper than rivals. The base it was built on is a different conversation entirely.

Inside the $720 Billion Memory Factory Race Fuelling the AI Boom
South Korea's SK Hynix controls more than half the world's most sought-after AI memory chips. Now it is building the largest network of memory factories ever attempted, and every Big Tech CEO wants a seat at the table.

How Capital One Built Its Own AI Brain Instead of Buying One Off the Shelf
The bank handles millions of fraud calls a year using a home-grown system of specialised AI agents built on customised open-source models. Here is why it chose to build rather than buy.

SpaceX has officially bought Cursor, the AI coding assistant
The $60 billion deal is done. Cursor's AI coding tool now sits inside Elon Musk's rocket company, which wants to put its massive computing power to work for everyday software developers.

Enterprises are buying AI computing power for speed, but most have no idea what it costs
A survey of 170 companies finds two-thirds are running live AI systems, yet fewer than half can say with any rigour what that computing infrastructure actually costs them.

Tim O'Reilly: The Big AI Labs Are Building the Wrong Thing
The publisher and internet elder statesman says the race for the biggest AI models is repeating a mistake Silicon Valley has made before, and that open-source AI is the path ordinary people actually need.

French startup Kog says your company's existing GPUs can run AI ten times faster. Here's how.
Kog claims software alone can dramatically speed up AI inference on the chips businesses already own. The September demo will be the real test.

OpenAI and Anthropic slash prices as Chinese AI rivals win over cost-conscious customers
A price war is breaking out at the top of the AI industry. American labs are cutting what they charge for their models, and the trigger is clear: cheaper tools from China are pulling customers away.

Big Tech's gas bet could backfire badly, energy researchers warn
Amazon, Google, Meta and Microsoft are building massive natural gas power plants for their AI data centres. A new energy research report says prices could triple in some regions, and the companies may not be ready for the shock.

Databricks wanted to raise $1 billion. Investors offered $15 billion. It took $5 billion.
The AI data company closed a $5 billion funding round at a $190 billion valuation after a leaked news report triggered a flood of investor calls it never asked for.

IBM and OpenAI Team Up to Sell AI to the World's Biggest Companies
IBM will retrain tens of thousands of consultants on OpenAI's tools and bake models like GPT-5.6 into its corporate software platform. Here is what that means for businesses, and workers, on the receiving end.

Two Top OpenAI Executives Out in One Week as IPO Clock Ticks
Chief Revenue Officer Denise Dresser is leaving OpenAI within weeks, days after former COO Brad Lightcap announced his exit. A Wiz executive steps in to run revenue as the company prepares to go public.

Google Sheets Gets an AI Facelift: Your Spreadsheet Can Now Build Its Own Dashboard
A new Gemini-powered feature called Sheets canvas turns rows of data into interactive mini-apps you describe in plain English.