AI Business · Page 18
funding, startups, jobs, and how people and companies are actually making money with AI
SoftBank's Intel bet pays off big, but OpenAI goes quiet on the books
The Japanese investment giant posted a $2.2 billion profit for the June quarter, well above forecasts. A huge gain on Intel shares did the heavy lifting. OpenAI, which SoftBank has pumped $55 billion into, added nothing this time.
Asian Tech Stocks Slide as SK Hynix Drops Nearly 10% on AI Spending Fears
A sharp sell-off swept through Asian chip and tech stocks on Thursday, but analysts say the underlying AI investment story has not changed.
OpenAI Buys Presentation Startup NextSlide
The small AI tool that turned rough notes into polished slides is now inside ChatGPT's walls. Here is what we know about the deal.
Rippling Was Burning Millions on AI. So It Built a Tool to Stop It.
The HR software company found one engineer spending $50,000 a month on AI tokens. Its new AI Spend Console aims to make sure that never happens to you.
Roku Now Streams AI-Generated TV Around the Clock. It Is Not Good.
A startup called Fairground just landed a 24/7 channel on one of America's biggest streaming platforms. The content looks exactly like you would expect AI video to look.
Google's AI Brain Drain: What the Leadership Shake-Up Actually Means
Several of Google's most prominent AI researchers have moved on, including Jeff Dean, who spent 27 years there. Is this a sign of trouble, or something more complicated?
Cloudflare's Kitesurf is a web browser built for AI bots, not humans
The new cloud-hosted browser lets AI software agents browse the web on developers' behalf, and Cloudflare says it uses less computing power than standard browser technology for the job.
Airbnb says AI now writes 60% of its code and cuts feature launch time in half
The company ships nearly 80% more features than it did a year ago, and its AI customer support bot now handles 45% of issues without a single human stepping in.
Grab says AI helped it ship products 30% faster as Southeast Asia's super-app raises its annual forecast
The ride-hailing and food delivery giant posted its best-ever quarter, with revenue up 22% and operating profit up 186%, and it credits internal AI tools for a big chunk of the speed gains.
Suno Is Adding Watermarks to AI Music and Cutting Back on Free Downloads
The AI music platform wants to prove it can be a responsible player in the industry. Here is what is actually changing, and what it means if you use the service.
A startup called Naïve wants AI software to run your entire company, and 30,000 developers signed up to try it
Naïve just raised $28.5 million to let AI agents handle the paperwork, phone numbers, payments and cloud setup that normally eat a founder's first weeks. The real prize is cutting the runaway cost of keeping those agents running.
Lloyds Bank's AI cost-cutting plan has a hidden tab: who pays when the machine gets it wrong?
A researcher argues that banks counting only the minutes AI saves are ignoring the hours other workers spend fixing the mistakes it creates.
Baseten Joins Hugging Face as an Inference Provider, Bringing Popular AI Models to More Developers
Developers can now run open-weight AI models through Baseten directly from the Hugging Face Hub, with no markup on costs and two billing paths to choose from.
The team behind Spotify's recommendation engine just raised $10 million to do the same thing for online shopping
Malachyte wants your favourite store to know what you need before you even search for it, using real-time signals instead of last month's purchase history.
Mirendil signs $100 million-plus Google Cloud deal to build AI that improves itself
The AI startup, founded by former Anthropic researchers, will use Google's chips and cloud infrastructure to develop systems designed to get smarter on their own over time.