AI Business · Page 8
funding, startups, jobs, and how people and companies are actually making money with AI
Intel raises $15 billion in new shares to ride the AI chip wave
The struggling chipmaker is betting big on demand for AI hardware, selling fresh stock to fund factories, packaging plants and next-generation silicon.
Accel Raises $550 Million for India in Weeks, Betting AI Will Power the Country's Next Startup Wave
The venture firm closed its new India fund while more than half its previous fund sat unspent, signalling unusually strong investor confidence in Indian AI applications and enterprise software.
Gemini Hits 1 Billion Monthly Users, But ChatGPT Got There First
Google's AI assistant is now the second chatbot to reach the billion-user mark. The AI audience race is over. The money race is just starting.
Brad Lightcap, OpenAI's Former COO, Is Leaving After Eight Years
One of OpenAI's longest-serving executives is heading out to start something new, adding to a string of senior departures at the company.
River AI raises $1.1 billion to build AI you train yourself, not AI that replaces you
A two-month-old startup founded by an xAI co-founder just landed one of the largest seed rounds in AI history, with a bet that personal, trainable AI agents will matter more than corporate productivity tools.
OpenAI's Longtime Operating Chief Brad Lightcap Is Leaving to Start a New Venture
The executive who helped build OpenAI's business from the ground up is moving on, and his departure adds to a string of senior exits as the company prepares to go public.
Mistral Wants Europe to Own Its AI: Here Is What That Actually Means
The French AI company is giving businesses a choice of where their data goes, opening its platform to outside models, and rallying companies to lock in European computing power for years to come.
OpenAI buys back $7 billion in employee shares at an $852 billion valuation
The company paid out staff before a possible public stock listing, signalling that any IPO may be further away than many expected.
Armenia Just Opened the Biggest AI Computing Hub in the Former Soviet Region
A company called Firebird has switched on a large AI factory in Armenia, backed by Nvidia and CoreWeave, with plans to expand across Central Asia and beyond.
OpenAI Wants Business Customers to Pay $125 a Month for More ChatGPT Access
A new 'Business Premium' seat tier costs up to five times the price of a standard seat. Here is what you actually get, and whether it is worth it.
Google puts AI agents inside Ads and Analytics: what marketers get
New homepage summaries, chat-driven reports and industry benchmarks land across Google's marketing tools, built on the Gemini AI model.
Tencent's Team Memory lets AI agents share knowledge, but a wrong fact now spreads to the whole team
Tencent has open-sourced a shared memory system for teams of AI agents. The idea is compelling: agents stop relearning what the team already knows. The catch is just as plain: one bad piece of information now reaches every agent at once, and there is no fix for that yet.
Battered AI Hedge Fund Situational Awareness Bets $400 Million on Chip Startup Source Foundry
Despite selling off half its assets last month, the fund founded by a former OpenAI researcher has now put a total of $500 million into a Stanford-born startup trying to make chip manufacturing faster and cheaper.
AI Founders Are Pledging Their Fortunes to Charity. Does It Actually Help?
A new wave of AI billionaires is promising to give away the wealth they make from the technology reshaping the world. Critics ask whether that generosity is a fix or just a fig leaf.
Banks Are Handing Their AI Future to a Handful of Tech Giants, Moody's Warns
The credit rating agency says the finance industry's rush to adopt AI is creating dangerous dependence on a small group of Silicon Valley companies, with outages and price hikes among the main risks.