AI Business · Page 20
funding, startups, jobs, and how people and companies are actually making money with AI
Anthropic signs a $10 billion cloud deal with startup Volta to power its Claude AI
A six-year agreement will see a brand-new Norwegian data centre feed computing power to Anthropic, backed by Nvidia's latest chips and a crypto-mining firm.
AI Is Everywhere in R&D Labs. So Why Are Billions Still Going to Waste?
A new report finds that most companies are using AI to crunch numbers, not to make smarter calls. That gap is costing them dearly.
The AI Data Center That Fits in a Box: Inside Runware's Sonic Inference Pod
A startup wants to replace giant, water-hungry data centers with small, portable computing units that can be shipped anywhere there is a power socket. Here is what it is building, and whether it holds up.
OpenAI Fires Back at Apple's Trade-Secrets Lawsuit With Emails and Text Messages
Apple says two former employees stole confidential information on their way out. OpenAI says the allegations are false, and it published the messages to prove it.
Hollywood Is Already Using AI. The Question Is Who Admits It.
From a showrunner ordering her writers to use ChatGPT to Netflix paying $587 million for Ben Affleck's AI startup, the entertainment industry's relationship with artificial intelligence is more complicated than the public debate suggests.
Palantir posts record profits, then its CEO calls the AI industry 'Marxist'
Alex Karp says frontier AI labs are quietly capturing companies' knowledge and expertise. His own results, though, show just how well his firm is riding the AI wave.
AWS Signs On With Vibe-Coding Startup Superblocks, and the Message to Big Tech Is Clear
Amazon Web Services is helping Superblocks bring vibe coding, the art of building apps by describing them in plain English, into the locked-down private clouds of major companies. A small deal with a loud signal.
Five million people rank AI designs so machines can learn what looks good
A startup called Intelligence has raised $7.9 million to run a platform where ordinary users vote on AI-generated images and websites, and the data it collects is already worth $60 million a year to the companies that build AI models.
A $20 million startup wants AI to fix its own deployment mess
Getting AI to actually work inside a large company is so painful that a new wave of expensive consultants has emerged just to handle it. June thinks software can replace them.
Apple's Tim Cook calls on-device AI a 'competitive weapon' as rivals pour billions into data centres
On his last earnings call as CEO, Cook argued that running AI directly on iPhones and Macs gives Apple an edge that no amount of cloud spending can easily copy.
SK Hynix surges 25%, Samsung jumps 20% as AI spending fears evaporate overnight
Blowout cloud results from Amazon and Microsoft sent Asian chip stocks soaring on Friday, wiping out a week of losses driven by fears that AI investment was running ahead of reality.
Big Tech Is Spending Hundreds of Billions on AI. So Far, Almost Nobody Is Making Money From It
Google, Meta, Microsoft and Amazon all reported their latest financial results this week. Enormous AI spending, thin returns, but millions of new users and a few signs the bets might pay off.
This AI Video Startup Pays the Artists It Learns From. There's a Catch.
Pippa wants to be the ethical face of AI-generated video by cutting artists in on the profits. But its tech still runs on scraped artwork, and its payments work out to fractions of a cent.
Chinese chip firm CXMT soars 466% on debut, rattling Western AI investors
A single stock market listing in Shanghai sent shockwaves through the global chip industry last week. Here is what happened and why it matters.
Microsoft soars, Meta sinks: AI spending is splitting Big Tech in two
Both companies are pouring billions into artificial intelligence. One set of investors cheered. The other hit sell.