AI Business · Page 5
funding, startups, jobs, and how people and companies are actually making money with AI
Pocket FM now makes 99% of its new audio content with AI, and revenue has hit $500 million
The Indian audio storytelling app has slashed production costs by 80 times and grown its library to 770,000 series. Humans still write the ideas. AI does almost everything else.
Universal Music and ElevenLabs Are Building an AI Remix Platform, and Artists Get a Say
The world's largest record label is teaming up with an AI voice company to let fans remix and mashup licensed songs. Artists can opt out, and everyone involved gets paid.
The Canadian software company helping businesses survive supply chain chaos with AI
Kinaxis built a platform that watches your entire supply chain at once and warns you before a problem in one corner becomes a crisis everywhere else.
AI Data Centres Are Breaking the Power Grid, and It Is Not About Supply
Two massive blackouts in Virginia exposed a deeper problem: the way AI campuses connect to the grid is the real danger, and a new power architecture aims to fix it.
Microsoft built an AI tool to pull Salesforce customers onto its own software
A new Microsoft product called Dynamics 365 Activate uses AI to analyse your existing Salesforce setup and map out everything that needs to move, change, or be rebuilt before you switch.
Listen Labs walked away from a $1.5 billion funding round because Salesforce may want to buy it
The three-year-old startup that uses AI to run customer interviews ditched a signed deal with investors, a rare move, while acquisition talks with Salesforce are under way.
Qualcomm Lands AWS Partnership to Build AI Data Centre Chips, Shares Jump 10%
Amazon just handed Qualcomm its second major cloud endorsement in months, and the market noticed.
Samsung and TSMC sign up for ASML's $400 million chipmaking machine as AI demand grows
The world's two biggest chipmakers have committed to using ASML's most advanced chip-printing tool, a sign that demand for the complex chips powering AI is only heading one way.
How AI Agents Helped Rewrite 40,000 Lines of Ancient Energy Code
Mistral AI built a structured workflow of AI agents to modernise a European energy company's 1970s-era simulation software. Here is what worked, what failed, and what it means for industries still running on decades-old code.
IBM's New AI Forecasting Model Can Predict Demand, Energy and Traffic Without Any Training on Your Data
IBM just released a free, commercially usable AI model that can make forecasts straight out of the box. Here is what that means for businesses tired of expensive custom prediction tools.
AI spending growth nearly stalled in August. Should the big labs be worried?
New data from 70,000 companies shows businesses are still buying AI tools, but the pace of growth has slowed sharply, and prices are falling faster than usage is rising.
A Seven-Year-Old Chip Startup Just Raised $468 Million to Fix the AI Memory Shortage
Kepler Computing says it can squeeze more memory into existing chip factories, skipping the $20-to-$40 billion cost of building new ones. What that means for the AI bottleneck holding back everything from data centres to your favourite apps.
AI Is Flooding Microsoft Edge With Browser Extensions Faster Than Humans Can Check Them
Developers using AI coding tools are submitting extensions at a pace Microsoft's review team cannot keep up with. Redmond's answer: use more automation to handle the automation problem.
AI startups jumped from one story to six in a week. What is that telling us?
Our own tag for AI startups went from a single piece to six in seven days. Here is what that shape looks like from inside the newsroom, and what would confirm the pattern.
Cognition raises $2 billion at a $48 billion valuation as investor appetite for AI coding tools keeps climbing
The startup behind the Devin coding assistant nearly doubled its valuation in four months. Andreessen Horowitz led this round after already profiting from Cursor's sale to SpaceX.