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Five things to know about Anthropic ahead of Wall Street debutAnthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse S...
Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
Alabama launches probe into OpenAI after Hugging Face breachLast week, IPO-bound OpenAI said it would slow the pace of model development while overhauling its research and training systems after co...
Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...
Anthropic hires Google chip veteran Amir Salek as part of push into hardwareAI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own...
Explained: Why OpenAI and Anthropic are suddenly talking about privacyEnterprise data privacy became the battleground for AI companies this week with OpenAI and Anthropic making moves this month that reverse o...
Anthropic plans to change enterprise data retention policyUnder the changes to the data retention policy, Anthropic will still require business customers to retain data for 30 days but will give t...
Cognition CEO denies SpaceX acquisitionBloomberg, citing people familiar with the matter, reported on Thursday that SpaceX had explored a deal to acquire Cognition as it looks to...
OpenAI slows advanced AI development after cyberattackChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal con...
Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
OpenAI introduces 'ChatGPT for Teens' amid legal pressureMost of the safeguards utilised in the ChatGPT for Teens model already existed for ChatGPT accounts belonging to minors, such as restrictio...
Anthropic revenue run rate tops $65 billionThe AI startup's latest revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from ...
OpenAI revenue chief Denise Dresser exits after just 8 monthsDali Rajic, who previously served as president and chief operating officer of cybersecurity firm Wiz, will replace Dresser as OpenAI’s top ...
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPOAnthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as t...
Google's Gemini AI assistant reaches one billion usersGoogle's artificial intelligence assistant Gemini has surpassed one billion monthly users, CEO Sundar Pichai announced Tuesday, a week afte...
Who is Brad Lightcap? OpenAI veteran who helped turn ChatGPT into an AI giant quits; read his full resignation letterIn an unexpected move, Brad Lightcap, an instrumental executive at OpenAI, announced his departure to chase fresh opportunities. Since join...
ETtech Explainer: Meta's stop-start strategy for its open source AI modelsGlimmer, a 30-billion-parameter model, is much smaller than leading AI models from rivals and is designed for agentic tasks. It can run on ...
Meta launches new AI model as Zuckerberg champions open-weight pushThe new model, Muse Glimmer, is much smaller than leading AI models from rivals and is instead designed for agentic tasks and can run on a ...
Apple and OpenAI escalate legal battle over devicesThe case comes at a sensitive time for OpenAI, which is worth a reported $852 billion as it works towards a potential IPO. The lab is also ...