Omen AI adds liquid know-how in $16 million Aquatic Labs acquisition | TechCrunch
Omen AI acquires Aquatic Labs for $16 million to integrate real-time water monitoring technologies for data centers.
TechCrunchTim Fernholz
Business & funding.
All collected business & funding stories, newest first.
148 stories
Ryanair considers pay freezes and reducing crew on flights as fuel costs soar
Ryanair is exploring pay freezes and crew reductions as soaring fuel costs threaten profits, with AI integration proposed for efficiency.
The GuardianMark Sweney
OpenAI might rebrand its data centers as ‘AI compute campuses’ | TechCrunch
OpenAI plans to rebrand its data centers as 'AI compute campuses' amid ongoing public discontent about data centers.
TechCrunchAnthony Ha
Apple CEO says the company doesn’t ‘want to ship AI for AI’s sake’ | TechCrunch
Apple's CEO John Ternus emphasizes a thoughtful approach to AI, rejecting the notion of technology for its own sake.
TechCrunchAnthony Ha
OpenAI reportedly lowers funding target for new round | TechCrunch
OpenAI has reduced its funding target from $30 billion to $20 billion due to lackluster investor interest.
TechCrunchAnthony Ha
A-listers and AI stylists: how high-street brands are staging a fashion comeback
High-street fashion brands like Gap and M&S are revitalizing their appeal by partnering with celebrities and leveraging AI styling, catering to a more discerning shopper.
The GuardianLauren Cochrane
Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia | TechCrunch
Nvidia is negotiating to co-sign loans for Nscale's AI data center in West Virginia, aiding its massive project amid industry uncertainties.
TechCrunchAditya Mehta
Ollie, a privacy-focused AI assistant, is shutting down | TechCrunch
Ollie, a privacy-focused AI assistant, will cease operations on November 6 due to market pressures and competition.
TechCrunchLucas Ropek
Intel's stock crashes, knocking $12B from government's stake | TechCrunch
Intel's stock plummeted 28%, reducing the government's stake value by $12 billion amid poor forecasts and rising PC prices.
TechCrunchJulie Bort
Anthropic expected to receive high 'junk' rating from credit agencies following IPO, report says | TechCrunch
Anthropic is projected to secure a high junk credit rating after its IPO, complicating funding efforts.
TechCrunchLucas Ropek
Cracks are emerging in the AI spending boom | TechCrunch
Despite major investments in AI infrastructure by Big Tech, investor concerns over cash flow and debt are rising, signaling potential instability in the AI sector.
TechCrunchRebecca Bellan
Sam Altman says it’s better for RAM to be in a data center than on your desk
Sam Altman believes AI data centers optimize RAM usage better than personal computers, highlighting the ongoing RAM shortage.
The VergeStevie Bonifield
I read Anthropic's 92-page risk factor document, so you don't have to – video explainer
Anthropic filed for an IPO, highlighting substantial AI risks and potential impacts on its business.
The GuardianJohn Farrell, Tiara Chiaramonte, Hazel Tang, Johana Bhuiyan
Tech sell-off drives US markets down by nearly $1tn after subpar earnings reports
US markets have seen a significant drop, losing nearly $1 trillion due to disappointing tech earnings and concerns over AI investments.
The GuardianBlake Montgomery
Theranos whistleblower Tyler Shultz warns that the AI boom is 'a great opportunity to go deceive people' | TechCrunch
Tyler Shultz warns that the AI boom presents opportunities for deception akin to Theranos, highlighting the need for rigorous investor due diligence.
TechCrunchAmanda Silberling
DoorDash said it's only received 'several hundred' orders from AI agents | TechCrunch
DoorDash reports only a few hundred orders from AI agents, indicating limited current impact on delivery services.
TechCrunchIvan Mehta
Silicon Valley wants you to invest in miracles
Silicon Valley's optimism is reflected in Anthropic's S-1 filing, signaling high expectations for AI investments. No article content is available.
The VergeEllen Thomas
AWS will be a $1T business, Jassy says. But first, it will spend big. | TechCrunch
AWS aims to surpass $1 trillion in revenue, but significant capital expenditure is required, according to CEO Andy Jassy.
TechCrunchLucas Ropek
As search traffic dries up, Reddit announces it's shifting to a logged-in experience | TechCrunch
Reddit plans to shift towards a logged-in user experience in response to declining search traffic due to AI impacts.
TechCrunchSarah Perez
OpenAI-backed Thrive Holdings acquires ADT | TechCrunch
Thrive Holdings has acquired ADT for approximately $15.3 billion, aiming to integrate AI into home security.
TechCrunchJulie Bort
Microsoft’s AI future has fewer jobs
Microsoft's future with AI indicates potential job reductions, alongside notable internal changes.
The VergeTom Warren
What is it like to work when your co-workers are AI agents?
The rise of AI co-workers in companies is reshaping workplace dynamics, promoting efficiency but also creating tensions as human roles diminish.
The GuardianArielle Pardes
Can Anthropic really become a $10 trillion company?
Anthropic's IPO filing reveals a potential valuation of up to $2 trillion. Analyst insights highlight growth opportunities and sector challenges for the AI firm.
The VergeNilay Patel
Anthropic’s business plan: Build God or die trying
Anthropic is racing against competitors and high costs, focusing on rapid development of its AI, Claude, to ensure survival.
The VergeElizabeth Lopatto
Deepgram acquires Pipecat-maker Daily to bolster its voice AI infrastructure | TechCrunch
Deepgram acquires Daily to enhance its voice AI offerings, committing to keeping the Pipecat framework open-source.
TechCrunchIvan Mehta
Google expands AI Search ads globally as core ad growth slows | TechCrunch
Google is expanding its AI Search ad features globally to boost revenue as core ad growth slows, reporting a 25% revenue increase in Q3.
TechCrunchLauren Forristal
Microsoft recorded $10 billion in revenue from OpenAI | TechCrunch
Microsoft's revenue from OpenAI reached $10 billion last quarter, highlighting their financial dependency despite competition.
TechCrunchRebecca Bellan
Microsoft hits 10 quarters of record- breaking revenue in a row | TechCrunch
Microsoft reports record quarterly revenue of $92.3 billion, marking ten consecutive quarters of growth. Net income rose by 32% to $36.6 billion, fueled by cloud services, particularly Azure and OpenAI contributions.
TechCrunchJulie Bort
Anthropic just launched tools to show companies what their AI spending is buying | TechCrunch
Anthropic introduced reporting tools to help businesses track AI spending effectiveness, following a significant revenue increase.
TechCrunchTim Fernholz
Creating AI value with enterprise context
Establishing a company brain enhances AI effectiveness, as many firms struggle to harness AI's full potential due to a lack of context.
MIT Technology ReviewMIT Technology Review Insights
VCs will make billions on Anthropic's IPO, but Amazon is set to make much (much) more | TechCrunch
Anthropic's IPO is set to make VCs billions, but Amazon stands to gain even more through its significant convertible notes and cloud contracts.
TechCrunchMarina Temkin
Disruptive raises $10B fund to make big bets on at least 10 companies | TechCrunch
Disruptive has launched a $10 billion fund targeting investments in late-stage companies, primarily in AI and defense sectors.
TechCrunchDominic-Madori Davis
Frontier AI labs say their models refuted the Exponential Time Hypothesis. What does that mean? | TechCrunch
OpenAI claims to have refuted the Exponential Time Hypothesis, sparking excitement and debate among researchers.
TechCrunchTim Fernholz
Anthropic’s elaborate plan to keep Wall Street at bay
Anthropic's forthcoming IPO is causing concern about maintaining its commitment to safe AI amidst market pressures.
The VergeRobert Hart
Exclusive: Meta director Rohit Patel departs after 8 years to take on Microsoft Office Suite
Rohit Patel, after eight years at Meta, is leaving to launch Ndoc, an AI-driven alternative to Microsoft Office.
TechCrunchRebecca Bellan
General Compute raises $100 million Series A, countering the neocloud disaster narrative | TechCrunch
General Compute secures $100 million in Series A funding, focusing on inference chips beyond Nvidia's realm.
TechCrunchTim Fernholz
Nvidia backs Indian startup helping companies run AI models with fewer GPUs | TechCrunch
Nvidia invests $14 million in Indian startup Simplismart, enhancing AI model efficiency with reduced GPU use.
TechCrunchJagmeet Singh
Industrial Intelligence: The next growth opportunity for manufacturing
Manufacturers are urged to harness industrial intelligence through Physical AI to enhance decision-making and drive growth, turning experience into scalable capabilities.
MIT Technology ReviewMichael MacKenzie
Four takeaways from Anthropic’s potentially record-breaking stock market filing
Anthropic's S-1 filing reveals explosive growth, significant losses, and various risks, including potential misuse of AI technology.
The GuardianJohana Bhuiyan
Chinese markets lose trillions as race for AI supremacy with US takes its toll
Chinese markets have lost trillions amid concerns over AI sustainability and Western threats. The STAR 50 Index has dropped significantly as investment struggles persist.
The GuardianAmy Hawkins
OpenAI announces three big science discoveries and a new way to work with academics
OpenAI revealed significant discoveries in mathematics, computer science, and physics, enhancing collaboration with academia.
The VergeRichard Lawler
Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts
Microsoft plans to offer buyouts to 60,000 employees as part of cost-cutting efforts amid AI advancements.
The GuardianGaya Gupta
The RealReal won’t let AI agents hog designer clothing
The RealReal is taking measures to prevent AI agents from dominating the designer clothing market.
The VergeMia Sato
Five weird details from Anthropic’s IPO filing
Anthropic's IPO filing includes intriguing aspects such as AI consciousness and executive compensation.
The VergeRobert Hart
Anthropic’s IPO filing reveals its strategy for keeping enterprise customers hooked | TechCrunch
Anthropic’s IPO filing highlights a growing adoption of its platforms among high-spending enterprise customers, similar to Amazon's strategy. Over half of clients now utilize multiple services, boosting customer retention and revenue growth despite potential competitive risks.
TechCrunchRebecca Bellan
SpaceX locks in $40B GPU financing deal with Apollo | TechCrunch
SpaceX secured a $40 billion deal for AI chip financing, marking a record in GPU financing commitments as it expands its AI infrastructure.
TechCrunchAditya Mehta
Anthropic officially files for its public debut | TechCrunch
Anthropic filed for an IPO revealing significant revenue growth and losses, with a governance structure prioritizing founder control for AI safety.
TechCrunchRebecca Bellan
How tall are the AI datacentre power poles that sparked a community backlash in Melbourne?
Melbourne's community protests have delayed the expansion of NextDC's datacentre due to safety and access concerns regarding new power poles.
The GuardianNick Evershed
Will the real Anthropic please stand up
Anthropic's recent IPO filing highlights its dual image as both a tech innovator and an AI safety advocate, prompting questions about its true intentions and reliability.
MIT Technology ReviewWill Douglas Heaven
Meta plans $95bn stock offering to help cover AI expansion
Meta announces a $95 billion stock offering for AI expansion amidst Elon Musk's concerns over struggling AI startups.
The GuardianDan Milmo, Graeme Wearden
Anthropic’s IPO filing lays out a plan to ‘revolutionize every area of human endeavor’ with AI
Anthropic has filed for an IPO, aiming to change various sectors using AI, with plans to list on Nasdaq as 'ANT.'
The VergeRobert Hart
Anthropic files for listing on US stock market with valuation of more than $1.5tn
Anthropic has filed for a US stock market listing, reportedly valued over $1.5 trillion, marking a significant event in market history.
The GuardianBlake Montgomery
AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live
Elon Musk warns that AI cloud computing firms might face severe challenges due to dwindling funding, potentially leading to incomplete projects.
The GuardianGraeme Wearden
AI delivers ‘zero financial payoff’ to most companies, Apollo economist says | TechCrunch
AI has not generated financial returns for most companies outside the tech sector, according to Apollo's economist.
TechCrunchAnthony Ha
Google’s AI search changes upended online publishing
Online publishers are increasingly preparing for a future without reliance on Google due to changes in search algorithms.
The VergeEmma Roth
‘Synthetic twin’: Why Socceroo Cristian Volpato is the latest footballer to license his AI clone
Cristian Volpato has licensed his AI likeness to Callandor, joining a trend among athletes to monetize their digital identities amid increasing usage of AI in branding.
The GuardianHenry Belot, Jack Snape
The AI graveyard: a running list of projects and startups that didn't make it | TechCrunch
Many AI projects, from ChatGPT to Apple's Siri, have faced shutdowns or setbacks, highlighting the industry’s challenges.
TechCrunchLauren Forristal
From Toast to Bessemer: Who founders will hear from at TechCrunch Founder Summit 2026 | TechCrunch
The TechCrunch Founder Summit 2026 will address key startup topics on November 4, featuring renowned speakers and practical sessions.
TechCrunchTechCrunch Events
Experts cast doubt on Anthropic report detailing how AI has altered work at the company
Experts are skeptical about Anthropic's report claiming AI changes are transforming work and labor demand, noting potential motives behind the publication.
The GuardianRamin Skibba
OpenAI working on new $30B raise at $1.25T valuation ahead of IPO | TechCrunch
OpenAI is aiming to raise up to $30 billion at a $1.25 trillion valuation before its IPO, potentially setting a record for private company valuations.
TechCrunchJulie Bort
Sharp drops for AI stocks overwhelm markets worldwide as oil prices jump
AI stocks experienced significant declines, overshadowing gains in non-AI sectors, while oil prices surged due to geopolitical tensions.
The GuardianGuardian staff reporter
OpenAI, Anthropic, and Nvidia had record lobbying quarters
OpenAI, Anthropic, Nvidia, and Apple all experienced record lobbying activity recently.
The VergeLauren Feiner
Spotify's current AI bet is about being the music service that agents choose | TechCrunch
Spotify co-CEO discusses the potential of AI agents to enhance music discovery, positioning Spotify as a leader in this shift.
TechCrunchLauren Forristal
The Foundations of Scalable AI
A strong foundation in data, engineering, and governance is essential for scalable AI systems in regulated environments.
MIT Technology ReviewMIT Technology Review Events
AI agents are ready to shop. Some retailers are wary.
Retailers are cautious about AI shopping agents, fearing negative impacts on human shopping experiences.
The VergeMia Sato
Claude did not invent scorpion antivenom
Citrini clarifies that Claude did not create scorpion antivenom, focusing instead on drug development efforts.
The VergeRobert Hart
Barclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances
Barclays plans to cut 5,000 jobs, about 5% of its workforce, citing AI productivity gains and aims to save over £1.1bn by 2027.
The GuardianKalyeena Makortoff
AI firms say UK has a year to head off datacentre protests before construction is threatened
AI firms warn the UK government it has one year to address growing public opposition to datacentres to avoid protests that could halt construction.
The GuardianRobert Booth
Blackstone's Jas Khaira says fears over AI-buildout debt are overblown | TechCrunch
Blackstone's AI head downplays fears about debt from AI infrastructure, emphasizing robust demand and creditworthiness.
TechCrunchMarina Temkin
Meta to create a new class of shares to fund AI push
Meta is initiating a new class of shares to finance its substantial investment in AI technology.
The VergeEmma Roth
Walmart is inviting AI agents to shop for you
Walmart is enabling AI agents to shop for customers under specific guidelines, expanding automation in retail.
The VergeEmma Roth
Blacksmith hits unicorn valuation after Sequoia leads Series C | TechCrunch
Blacksmith secures $66 million in Series C funding led by Sequoia, achieving a $1 billion valuation as it expands its AI-driven code testing platform.
TechCrunchDominic-Madori Davis
New prize launches for books co-written with AI
A new prize, the Prix Pascal de Littérature IA, rewards fiction created with AI assistance, inviting manuscripts in French.
The GuardianElla Creamer
AI promises productivity, but for managers, it's mostly a headache for now | TechCrunch
Many managers are struggling to assess employee performance after AI adoption, despite excitement about AI's potential.
TechCrunchRam Iyer
Anthropic’s cloud partnerships are getting messy | TechCrunch
Anthropic faces challenges securing cloud capacity as it approaches a hefty IPO, amid rising costs and competition from providers.
TechCrunchRebecca Bellan
SpaceX's AI business is beating expectations | TechCrunch
SpaceX's AI segment significantly boosted revenue, exceeding expectations with $4.4 billion in net income for Q3.
TechCrunchTim Fernholz, Kirsten Korosec
OpenAI acquires startup Orchestra Bio to beef up its biotech business | TechCrunch
OpenAI has acquired Orchestra Bio, enhancing its biotech capabilities for the Rosalind AI model and Workbench tool.
TechCrunchJulie Bort
Eric Schmidt reportedly owns about half as much of Anthropic as CEO Dario Amodei | TechCrunch
Eric Schmidt holds a 1% stake in Anthropic, approximately half of CEO Dario Amodei's 2% ownership. Expected IPO could significantly increase Schmidt's wealth.
TechCrunchMarina Temkin
I’m a CTO. AI still needs your human expertise | Madhu Shashanka
AI excels at complex tasks but lacks human judgment, emphasizing the ongoing need for skilled workers.
The GuardianGuardian staff reporter
The new economics of enterprise AI
As enterprise AI evolves into core infrastructure, companies must prioritize efficiency over mere consumption for better economic outcomes.
MIT Technology ReviewDavid Sydow
Otter.ai raises $320 million from General Catalyst's growth fund for its meeting tool | TechCrunch
Otter.ai has secured $320 million in funding from General Catalyst to enhance its meeting tool, targeting enterprise growth and product innovation.
TechCrunchIvan Mehta
AI adoption by industry shows what other sectors can learn
AI adoption is accelerating in various industries, particularly in tech and finance, with healthcare and education lagging. Upcoming workforce skills will evolve as AI tools integrate further.
MIT Technology ReviewTripleTen
Is this the beginning of the end of the AI stock market boom?
Recent market fluctuations suggest a potential reassessment of AI stock valuations, rather than an imminent collapse of the sector.
The GuardianPatrick Commins
Nscale and Anthropic are reportedly in talks for yet another $45 billion compute deal | TechCrunch
Nscale and Anthropic are in discussions for another $45 billion compute deal, following their previous agreement. Investor concerns over valuation persist amidst ongoing talks.
TechCrunchLucas Ropek
CoreWeave’s debt is becoming the whole AI industry’s problem
CoreWeave's financial struggles are raising concerns about broader issues in the AI sector.
The VergeElizabeth Lopatto
Tolan snags $30M for its AI companion that helps users navigate life | TechCrunch
Tolan's AI companion app has secured an additional $30 million, bringing its total funding to $60 million and exceeding a $268 million valuation.
TechCrunchSarah Perez
Tenstorrent hits $6.2B valuation to scale open-weight AI chips | TechCrunch
Chip startup Tenstorrent achieves a $6.2 billion valuation after raising $1.5 billion to scale its AI chips, opting for independence despite acquisition interest.
TechCrunchMarina Temkin
AI firm Anthropic to commit 5% of shares to fund for ‘public good’
Anthropic plans to allocate 5% of its shares, valued at approximately $48 billion, to a public good fund ahead of its IPO. This initiative aims to address concerns about AI's societal impact.
The GuardianLauren Almeida
Anthropic says it’s committing 5% of its shares to a ‘public benefit fund’ | TechCrunch
Anthropic is dedicating 5% of its shares to a new public benefit fund to support societal projects.
TechCrunchAnthony Ha
Disney agrees to hire the majority of Character.AI’s workforce | TechCrunch
Disney plans to hire most employees from Character.AI after the startup's bankruptcy, offering substantial compensation.
TechCrunchAnthony Ha
Microsoft pulls out of AI datacentre project in Essex over power supply concerns
Microsoft has withdrawn from a major AI datacentre project in Essex due to power supply issues, impacting Nscale's plans significantly.
The GuardianGwyn Topham
Anthropic says its workforce has become less junior and is spending more time in meetings | TechCrunch
Anthropic's workforce has become more senior, with fewer junior roles and increased meeting times, impacting productivity dynamics.
TechCrunchAnthony Ha
Replit is no longer working with Anthropic, CEO says | TechCrunch
Replit has shifted its default AI model provider from Anthropic to OpenAI due to cost and performance considerations. Users can still access Anthropic models on the platform.
TechCrunchKirsten Korosec, Lucas Ropek, Rebecca Bellan
Inside the long, bitter fight over one man’s quest to build the biggest AI datacenter in California
Sebastian Rucci's ambitious plan for a massive AI datacenter in Imperial, California, faces local backlash due to environmental concerns and legal challenges.
The GuardianDara Kerr, Gabrielle Canon
Madeline Horwath on AI food advertising – cartoon
AI-generated food images in advertising are often unappealing, raising concerns among restaurants.
The GuardianMadeline Horwath
Replit is no longer working with Anthropic, CEO says | TechCrunch
Replit has ended its partnership with Anthropic, citing cost and performance reasons. The company plans to focus on its collaboration with OpenAI instead.
TechCrunchLucas Ropek
Physical AI is more than robots, says the Nvidia veteran now investing in it
Amulya Vishwanath, ex-Nvidia, emphasizes the foundational aspects of Physical AI over immediate robotics advancements, noting ongoing developments in core technologies.
TechCrunchTheresa Loconsolo
Replit's CEO says the future of work is the 'self-driving company' | TechCrunch
Replit's CEO envisions 'self-driving companies' where AI handles routine tasks, allowing humans to focus on higher-level decisions.
TechCrunchSarah Perez
When it came to Cal AI's viral success, a small army of influencers paid off | TechCrunch
Cal AI, founded by 19-year-old Zach Yadegari, leveraged influencer marketing for rapid growth, achieving over $30 million in revenue before being acquired by MyFitness.
TechCrunchLucas Ropek
Meta and Apple team up to make Muse AI models run better on Macs
Meta and Apple are collaborating to enhance the performance of Muse AI models on Mac systems, signaling a shift towards cooperation.
The VergeJay Peters
Is your boss watching you? The rise of AI surveillance at work - video
AI surveillance is increasingly used in workplaces, providing detailed monitoring of employee productivity. This trend raises concerns about its effectiveness and potential backlash.
The GuardianEllie Bury, Ian Sample, Joshan Chana, Jacob Liebenberg, Robert Booth
Tech market sell-off deepens amid fears over US inflation and AI debt
A significant sell-off in the tech market is underway, driven by fears of inflation and rising interest rates, impacting major firms like Samsung and SoftBank.
The GuardianKalyeena Makortoff
Gudea leverages AI to help organizations prevent social media crises before they erupt | TechCrunch
Gudea utilizes AI to help organizations identify potential social media crises early, improving response strategies and protecting reputations.
TechCrunchLauren Forristal
McKinsey is making job applicants spar with a fake AI client
McKinsey introduces a unique interview method requiring candidates to engage with a simulated AI client, with human evaluators assessing performance.
The VergeJay Peters
OpenAI’s London staff receive average of £2.3m per person annually
OpenAI's London staff earn an average of £2.3 million annually, significantly higher than UK norms, amid a competitive AI landscape.
The GuardianRobert Booth
The AI race is back on
Google and Meta are intensifying their competition against Anthropic and OpenAI in the AI sector.
The VergeRobert Hart
OpenAI claims an ex-employee took its product plans and presented them to Apple
OpenAI alleges that a former employee misappropriated trade secrets and shared product plans with Apple, raising concerns about competitive use.
The VergeEmma Roth
Zenzap raises $44M for its AI chat app that aims to replace WhatsApp in the workplace | TechCrunch
Zenzap has raised $44 million to develop its AI-driven chat app aimed at replacing WhatsApp in business communications, targeting various industries.
TechCrunchIvan Mehta
Floqer's AI agents research sales prospects so teams don't have to | TechCrunch
Floqer introduces an AI-driven platform aimed at automating customer prospect research for sales teams, with plans to open-source its technology by early 2027. It boasts significant revenue growth and aims to streamline CRM data management.
TechCrunchLauren Forristal
Scimplify raises $25M to challenge China's grip on critical materials with AI | TechCrunch
Indian startup Scimplify has secured $25 million to enhance its AI-driven production of specialty chemicals, targeting a $400 million revenue goal.
TechCrunchJagmeet Singh
Use of AI in job interviews on the rise – but UK recruiters say they can spot the cheats
The use of AI in job interviews in the UK is on the rise, with a record number of graduates reported for misconduct. Recruiters assert they can identify candidates who misuse AI during interviews.
The GuardianDan Milmo
Cerebras CEO pushes back on AI doomsday warnings | TechCrunch
Cerebras CEO Andrew Feldman critiques the prevailing negativity surrounding AI, urging for a focus on its benefits.
TechCrunchSarah Perez
OpenAI employee arrested for allegedly planting a bug in a conference room
An OpenAI employee was arrested for allegedly hiding a bug in a conference room. The device was reportedly covered with toilet paper.
The VergeEmma Roth
Epic shifts to ‘AI-accelerated development’ for upcoming Disney game
Epic Games is focusing on AI to enhance the development of its upcoming Disney game, indicating a strategic pivot in its development process.
The VergeStevie Bonifield
Companies rushed in on AI. Now some are pulling back
After rapid AI adoption, many companies face rising errors and costs, leading to a reevaluation of their AI strategies.
The GuardianGuardian staff reporter
How Firmus went from Australia’s AI 'fairytale' to flop - podcast
Firmus, once seen as a promising AI startup in Australia, faced a rapid collapse, raising concerns about AI investment bubbles.
The GuardianMatilda Boseley, Jonathan Barrett, Cheyne Anderson, Rachel Herron, Joe Koning, Hannah Parkes
Amex introduces a framework to prevent AI agents from making unauthorized purchases | TechCrunch
American Express launches an "Intent Intelligence Framework" to ensure AI agents execute authorized purchases, aiming to prevent unauthorized transactions.
TechCrunchSarah Perez
Just 5 years in, interactive chatbot platform Character.AI files for bankruptcy | TechCrunch
Character.AI files for Chapter 11 bankruptcy after five years, planning to sell assets to Disney for $20 million.
TechCrunchIvan Mehta
Character.AI files for bankruptcy
Character.AI has filed for bankruptcy, seeking to sell its assets to Disney amidst ongoing legal and safety challenges.
The VergeRobert Hart
Chip stocks slide after Broadcom boss likens AI investing to ‘casino’
Chip stocks fell as Broadcom's CEO compared AI investors to gamblers, raising concerns amid CXMT's new DRAM progress.
The GuardianJulia Kollewe
AI labs are buying data from dead startups to train their models
AI labs are purchasing data from failed startups, creating a market for digital remnants as shutdowns surge.
MIT Technology ReviewMatthew King
Threat of AI share crash puts world financial stability at risk, says IMF
The IMF warns that high valuations and debt levels in AI could lead to a global financial crisis, alongside risks from government borrowing and cyber-attacks.
The GuardianHeather Stewart
WindBorne wins a hefty US Air Force contract for its balloon data | TechCrunch
WindBorne Systems has secured a nearly $50 million contract with the U.S. Air Force to provide weather data from its autonomous balloons, marking a significant growth opportunity for the startup.
TechCrunchTim Fernholz
As US medical debt grows, AI will be used more to collect it
As U.S. medical debt rises, AI is increasingly being employed in billing and debt collection processes, reshaping the healthcare financial landscape.
The GuardianJessica Glenza
Apple discloses deal to hire team and license tech from personalized podcast startup Huxe | TechCrunch
Apple is hiring talent from Huxe, a startup focused on personalized audio, potentially expanding into AI-generated podcasts.
TechCrunchAnthony Ha
The maker of non-text AI model Jev valued at $7.5B just weeks after launch | TechCrunch
TypeSafe AI's new non-text AI model, Jev, has achieved a $7.5 billion valuation shortly after launch, backed by $870 million in funding.
TechCrunchMarina Temkin
AI surveillance startup Flock to cut several hundred jobs amid backlash, sources say
Flock Safety plans to cut approximately 270 jobs amid increasing privacy backlash against its AI surveillance technology.
The GuardianGuardian staff reporter
Amazon and others are done keeping data center deals secret. Is it enough to build trust? | TechCrunch
Amazon is breaking data center deal secrecy, raising questions about trust in personal AI startups.
TechCrunchTheresa Loconsolo
A16z’s Olivia Moore on the state of consumer AI | TechCrunch
Olivia Moore of A16z sees potential in consumer AI economics despite prevailing pessimism, emphasizing opportunities beyond subscriptions.
TechCrunchRussell Brandom
Lost generation: the AI threat to Britain’s next great directors
The rise of AI in the advertising industry threatens to stifle opportunities for emerging filmmakers in Britain, potentially creating a lost generation of directors.
The GuardianMark Sweney
Instinct was the buzziest AI agent around — can it survive Muse?
Instinct faces scrutiny amid rising competition from Meta’s AI agent, Muse. The startup's future is uncertain.
The VergeAllison Johnson
OpenAI projected to bring in $20bn less in revenue than expected for header
OpenAI's revenue forecast drops to $50bn, significantly below the prior estimate of $70bn, raising growth concerns.
The GuardianMark Sweney
Ben Affleck is an AI nerd, and the internet is impressed | TechCrunch
Ben Affleck gains attention for his deep understanding of AI and neural networks, showcasing his tech knowledge after selling his AI filmmaking startup to Netflix.
TechCrunchSarah Perez
Popular AI leaderboard Arena nearly doubles valuation to $3.1B valuation in 10 months | TechCrunch
Arena, a leader in AI model evaluations, has raised $200 million, boosting its valuation to $3.1 billion in under a year.
TechCrunchJulie Bort
OpenAI's revenue is reportedly $20 billion less than previously projected | TechCrunch
OpenAI's projected annualized revenue has dropped by $20 billion, now estimated at approximately $50 billion instead of $70 billion.
TechCrunchLucas Ropek
USA Today becomes the latest publisher to sue OpenAI
USA Today has filed a lawsuit against OpenAI, joining a growing number of legal actions by media companies.
The VergeEmma Roth
Cal AI's 19-year-old founder just raised $10M for his new AI startup | TechCrunch
Zach Yadegari, a 19-year-old founder, raised $10 million for his AI startup Persona, a personal assistant with a privacy-focused wearable.
TechCrunchJulie Bort
‘Someone else will do it for less’: Refugees in Kenya are powering tech for dwindling pay
Refugees in Kenya are increasingly engaged in precarious tech gig work with diminishing pay, as AI automates many roles they once occupied.
The GuardianClaire Wilmot
Nous Research confirms it hit $1.5B valuation, launches AI agents for business users | TechCrunch
Nous Research secures a $90 million Series B funding, valuing the company at $1.5 billion and introduces AI agents for businesses.
TechCrunchMarina Temkin
The AI industry is booming. Women are getting left behind
The AI sector is expanding rapidly; however, women remain significantly underrepresented in high-paying roles and may face job risks as AI disrupts traditional positions.
The GuardianArielle Pardes
Healthleap raises $38M for its AI that flags hospital patients who may need a closer look | TechCrunch
Healthleap secured $38M in funding to enhance its AI that identifies at-risk patients in hospitals. The startup aims to broaden its health condition coverage using electronic health records.
TechCrunchRam Iyer
AI could upend food delivery
A startup offering a low-cost food delivery option has caught DoorDash's attention, indicating potential disruption in the industry.
The VergeMia Sato
McDonald’s sued for alleged antitrust violations by using AI tool to determine pricing for franchises
McDonald's faces a lawsuit over alleged antitrust violations linked to an AI pricing tool for franchises, claiming it stifles competition.
The GuardianGaya Gupta
AI computing startup Lambda to raise $4B ahead of planned IPO | TechCrunch
Lambda, backed by Nvidia, is raising $4 billion at a $14.5 billion valuation ahead of a 2027 IPO.
TechCrunchRebecca Bellan
Anthropic is giving startups a free year of Claude Team and $1,000 in credits | TechCrunch
Anthropic is supporting startups with a year of free access to Claude Team and $1,000 in credits, enhancing AI model integration.
TechCrunchRussell Brandom
Google is about to remove free access to Gemini Flash and Pro
Google plans to eliminate free access to Gemini Flash and Pro, marking a shift towards paid AI services.
The VergeStevie Bonifield
Making scents: could AI help perfumers take pressure off endangered plants?
AI advancements may enable the fragrance industry to replicate scents from endangered plants, yet conservationists remain skeptical about their environmental impact.
The GuardianAmelia Hill
OpenAI admits misstep in handling AI agent interactions with Australian government sites – video
OpenAI acknowledges a mistake in communication regarding its AI agents' access to Australian government websites.
The GuardianGuardian staff reporter