AI Industry News Wire
Elon Musk tells NYT he 'was a fool' to fund OpenAI, escalating his feud with the company he co-founded as litigation over its nonprofit-to-for-profit conversion continues. #AI #OpenAI…
Elon Musk returns to the witness stand in Oakland federal court in his suit against Sam Altman and OpenAI, challenging the lab's controversial conversion from nonprofit to for-profit…
SoftBank is attracting more banks to a $40B loan backed by its OpenAI stake — one of the largest AI-linked financing deals on record, per Bloomberg. Wall Street's…
Anthropic is reportedly fielding pre-emptive offers for a $50B funding round at valuations up to $900B — which would rank among the largest private financings in startup history.…
Anthropic weighing funding offers valuing it at over $900B — a 14x jump from its $61B valuation — which would rank it among the most valuable private companies…
Tech giants set an AI spending record in 2025 — Microsoft, Google, Meta, Amazon & OpenAI are pouring billions into data centers and model development with no signs…
AWS published a technical guide on memory architecture for multi-agent AI systems, detailing namespace design patterns for AgentCore Memory — covering hierarchy design, retrieval patterns & IAM access…
Runway CEO Cristóbal Valenzuela says AI video is just the start — the $5.3B startup is building 'world models' to simulate real environments, competing with Google and OpenAI…
Elon Musk testifies day 2 in his OpenAI lawsuit, with proceedings centering on corporate governance, nonprofit conversions and the commercialization of AI research. A ruling could reshape AI…
Parallel Web Systems raises $100M led by Sequoia at $2B valuation — just 5 months after its last $100M round. Parag Agrawal's AI agent-tooling startup doubles its valuation…
AWS launches managed agents service with OpenAI, auto-selecting models for enterprise AI builders — despite Amazon's multibillion-dollar Anthropic investment. #AI #AWS #AgenticAI
AI eval costs now rival training expenses — a single benchmark run can hit $320K. Researchers warn this "accountability barrier" is pricing out academic & gov safety bodies,…
IBM releases Granite 4.1: three open-source LLMs (3B, 8B, 30B params) trained on 15T tokens. The 8B model reportedly matches IBM's previous 32B MoE model — at a…
Alphabet set for strongest revenue growth since 2022 — Google Cloud's AI expansion driving enterprise demand as cloud giants battle for AI workloads. #AI #GoogleCloud #Alphabet
Microsoft reports Q3 earnings after its worst quarter since 2008. The key question: will AI cannibalize its own software business? A bellwether moment for enterprise AI.
ChatGPT conversation logs are being used as evidence in a college students' killings case — marking a growing trend of AI chatbot output entering U.S. courtrooms. Questions of…
Amazon, Alphabet, Meta & Microsoft all report Q1 2026 earnings today. OpenAI's enterprise push expected to dominate all four calls. Investors want answers on AI capex returns. #BigTech…
Elon Musk takes the stand against OpenAI and Sam Altman in federal court. The lawsuit over OpenAI's nonprofit-to-for-profit conversion could set landmark legal precedent for AI governance. #AI…
GM will deploy Google Gemini AI to 4 million U.S. vehicles via OTA updates — covering 2022+ Cadillac, Chevrolet, Buick & GMC models. No dealership visit required.
Scout AI raises $100M to build AI agents that let single soldiers command fleets of autonomous vehicles. Defense tech meets agentic AI in a major Pentagon pivot. #MilitaryAI…
Meta faces investor pressure to prove its multibillion-dollar AI spending is generating returns. Markets struggle to digest the company's ambitious AI plans as scrutiny over ROI intensifies across…
Elon Musk testified under oath in his lawsuit against OpenAI, alleging the AI lab abandoned its nonprofit mission. The case could set landmark precedent for AI governance and…
Elon Musk takes the stand in federal court against OpenAI and Sam Altman, alleging the company abandoned its nonprofit founding mission. The trial could set legal standards for…
OpenAI projects ChatGPT will hit 122M paying subscribers in 2025, fueled by a new $8/month tier — 60% cheaper than Plus. The bet: lower price converts millions of…
Stocks tied to OpenAI fell Monday after Yahoo Finance reported the company missed key internal performance targets, raising investor questions about its growth trajectory amid fierce competition. #AI…