AI Business · Page 2
funding, startups, jobs, and how people and companies are actually making money with AI
SpaceX Just Joined the Nasdaq-100. Should You Worry About Your Index Fund?
Elon Musk's rocket company is now inside the index funds that millions of ordinary people rely on for retirement savings. Here is what that actually means.
Google Is Building a New AI Chip That Could Cut Power Costs Tenfold
A chip codenamed 'Frozen v2' is reportedly 6 to 10 times more efficient than Google's current hardware. If it delivers, it could meaningfully reduce what it costs to run Gemini, Google's family of AI models.
X Rebuilds Its Android App From the Ground Up After a Year of Work
The social network rewrote its Android app in a new technical framework, promising faster scrolling, better notifications, and a foundation for features that never made it to Android.
Microsoft plugs AMD's newest chips into Azure to handle the AI compute crunch
Three new virtual machine types land in Microsoft's cloud, each built around AMD's latest processors and aimed at a different piece of the AI workload puzzle.
AI hiring tools are more likely to stereotype job applicants than humans are, new research finds
A Princeton and University of Chicago study put ChatGPT, Claude, and Gemini through a simulated hiring game. The models quickly sorted fictional ethnic groups into job categories and did it far more aggressively than human test subjects did.
Asia chip stocks tumble as AI spending fears sweep global markets
SoftBank fell nearly 9% and Japan's top chip equipment makers lost similar ground on Friday, as Wall Street's semiconductor sell-off rippled across Asia and investors asked a pointed question: is the AI building boom worth the cost?
Apple Is Suing OpenAI Over Stolen Secrets. What Does That Mean for OpenAI's Big Hardware Bet?
A trade secrets lawsuit filed last Friday could slow OpenAI's push into consumer hardware and complicate a stock market debut expected as soon as late this year.
Apple Picks Alibaba and Baidu AI for iPhones in China, and Their Shares Jumped
China's two biggest AI players will power Apple's smart features for Chinese users, after Beijing gave the green light this week.
Fireworks AI hits $17.5 billion valuation as companies hunt for cheaper alternatives to OpenAI and Anthropic
The cloud startup, backed by Nvidia, now handles more AI traffic per day than Google's own developer tools. Its pitch: specialist models at a fraction of the cost of the big labs.
The only company that makes AI's most important machine just raised its sales forecast again
ASML, the Dutch firm that builds the chip-printing machines the entire AI industry depends on, now expects up to 45 billion euros in sales this year. That is a huge jump from what it predicted just months ago.
Databricks Soars to $188 Billion Valuation as AI Momentum Builds
Databricks' ambitious funding round highlights its shift from big data to AI, marking a significant leap in valuation.
The AI chip shortage you never heard of is making your next phone more expensive
Factories building AI data centres are gobbling up the same memory chips that go into smartphones. India is feeling it first, and the ripple is heading everywhere.
Apple Sues OpenAI Over Stolen Trade Secrets, and the Timing Hits Hard
Apple claims more than 400 of its former employees took confidential knowledge to OpenAI. The lawsuit lands just as OpenAI is trying to go public.
Apple passes Nvidia to become the world's most valuable company again
A 3.5% drop in Nvidia's share price on Friday was enough to hand Apple back the top spot, and it signals that Wall Street is starting to question whether the AI spending boom can keep going at its current pace.
A $400 Million Bet That Cheaper AI Chips Will Win
A startup called General Compute just borrowed $400 million to build a cloud service around a less-expensive type of AI chip. The deal may signal a turning point away from the pricey hardware that dominates AI today.