AI Business · Page 17
funding, startups, jobs, and how people and companies are actually making money with AI

Nvidia Reveals a 9.3% Stake in Nebius, and the Stock Jumps 7%
The chip giant is backing Europe's fastest-growing AI cloud company with real money. Here is what that means and why investors are paying attention.

Meta's Feel-Good AI Ad Chose a Song About the End of the World
The company wanted uplift and optimism. David Bowie wrote about Earth dying in five years. The gap between the two tells you something.

Patreon Cuts 93 Jobs and Points to AI as the Reason Why
The creator-subscription platform is laying off one in five staff. Its CEO says AI has changed how the company builds products, and that refusing to adapt would mean bankruptcy within three years.

Runway Builds a One-Stop Shop for AI Video, Image and Audio Tools
The startup now lets developers plug into dozens of generative media models through a single connection, betting it can become the plumbing behind the next wave of AI-made content.

British Gas owner says customers prefer chatbots as it cuts 1,300 call centre jobs
Centrica is axing 1,300 staff, with the boss claiming most people would rather deal with an AI chatbot than a human agent. Workers and unions see things differently.

Three Harvard Dropouts Just Raised $300 Million to Build the AI Chip That Rivals Keep Calling Impossible
Etched hit a $10.3 billion valuation in seven months by betting that specialised AI chips could beat general-purpose ones on speed and cost. Here is what that means for anyone who pays to run AI.

Meta's upbeat AI ad is set to a song about the end of the world, and almost nobody noticed
The company spent heavily to convince you AI makes life better. The soundtrack it chose tells a very different story.

Google Made $119.8 Billion Last Quarter and Still Ran Out of Cash
Massive AI infrastructure spending pushed Google into negative cash flow for the first time ever, even as its cloud and search businesses hit record highs.

Will AI take my job? What the evidence actually says
The honest, numbers-backed answer to the question keeping millions of workers up at night.

ServiceNow puts $40 million into Indian banking AI firm BusinessNext
The U.S. enterprise software giant is buying a 5% stake in a 24-year-old Noida company that automates banking workflows for more than 70 lenders across Asia, the Middle East, and the United States.

Zillow Builds AI Architecture to Track Customer Journeys
Zillow creates a context-tracking AI system to improve real estate transactions, prioritizing customer experience over data.

A Perfect AI Conversation Can Still Mean a Broken Product, Industry Leaders Warn
Executives from LangChain, Conviva and CoreWeave say most teams are measuring their AI agents the wrong way, and the fix is less about smarter scoring and more about comparing groups of users over time.

Cut your AI bill by 40% without touching the model: here is how one company did it
A new study from AI writing firm Writer shows that redesigning the software wrapper around a language model, not the model itself, slashes costs nearly 40% and halves task time.

IBM had its worst quarter in years. It blames AI for that too.
A handful of big customers skipped their mainframe upgrades to cover soaring AI hardware costs. The result: IBM's stock suffered its biggest single-day drop ever.

Google's AI Investments Pay Off as Cloud Revenue Surges
Alphabet calms investor concerns with a booming Google Cloud business, driven by AI adoption.