AI Business · Page 21
funding, startups, jobs, and how people and companies are actually making money with AI
Reddit's CEO Takes Aim at Google's AI Search Summaries as the Company's Stock Slides
Steve Huffman used Reddit's quarterly earnings call to question whether Google's AI Overviews feature is quietly draining traffic and value from the platform.
SK Hynix posts record profits but its shares still drop 6.5%, here's why
The South Korean memory chip maker beat almost every measure of growth, yet Wall Street wanted even more. CNBC Tech reported the results first; what they reveal about AI's appetite for computer memory is worth every investor's attention.
India Is Finally Paying for Apps, and AI Is Getting the Lion's Share
Indian consumers spent a record $345 million on mobile apps in a single quarter. ChatGPT and Claude alone took 83% of AI app revenue. Here is what the numbers really mean.
AI startup admits tattoo-for-interview stunt was 'reckless'
LemonLime offered job interviews in exchange for permanent tattoos. Seven people took the deal. Now the company is apologising.
Chinese AI Researchers Are Moving to X, and It Is Changing How the West Reads China's AI Boom
Dozens of scientists from labs like Moonshot AI and DeepSeek now post regularly on X, filling a gap left by increasingly tight-lipped Western counterparts at OpenAI and Anthropic.
SpaceX Plans to Remove xAI's Illegal Turbines, But Not Until Mid-2027
The company running Elon Musk's AI data centers near Memphis says it will tear out 69 unpermitted gas turbines, replacing them with a permanent power plant. Nearby residents, already living in one of the most polluted regions in the US, will wait at least two more years for that to happen.
Smallest.ai raises $13 million to build a voice AI that you cannot tell is a machine
The startup wants AI phone agents to sound so natural that callers never notice they are not speaking to a person. Here is how it plans to do that, and what it means for anyone who ends up on hold.
BP Puts North Sea Business Up for Sale as Middle East Crisis Squeezes Oil Markets
BP is seeking a buyer for its North Sea operations after Iran closed a critical shipping lane, sending oil prices sharply higher and forcing the company to rethink where it deploys capital.
Reddit had a great quarter. So why did its stock drop 10%?
Strong revenue, strong profit, strong guidance. None of it mattered once investors heard two words: 'choppy traffic.'
Kimi K3 is now fully open, but bigger companies face a licensing catch
Moonshot AI released the full downloadable model files for Kimi K3 this week, alongside a 47-page technical report. Researchers and small companies get broad rights. Enterprises should read the fine print before deploying.
Amazon's cloud business is booming. But whose money is paying for it?
Amazon beat earnings forecasts and raised its spending plans to $220 billion. Investors cheered. The catch: a lot of that cloud revenue flows straight from AI companies that are still burning cash.
A 24-Year-Old's AI Hedge Fund Just Lost $35 Billion. Here's How It Happened.
Situational Awareness LP bet everything on artificial intelligence stocks, called it obvious, and watched its value collapse from $45 billion to $10 billion in a matter of weeks.
LinkedIn adds a 'seems like AI slop' button so users can flag fake-sounding posts
The Microsoft-owned professional network is blocking hundreds of thousands of automated comments a day and scrapping its own AI writing tool, because its members want to hear from real people, not bots.
Rolls-Royce and the AI gold rush: how smart software is powering an unlikely comeback story
The British engine-maker's stunning recovery has many causes, and AI tools are quietly becoming one of them. Here's what that means for the company's future.
Meta says AI is cutting the time it takes to build new apps, with more launches on the way
Mark Zuckerberg told investors AI now speeds up product development across Facebook, Instagram and gaming, and that a fresh wave of consumer apps is already in the pipeline.