Business & Startups - Latest AI News & Updates
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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Elon Musk says merging SpaceX and xAI to launch space‑based data centers
Elon Musk has announced that SpaceX and his AI venture xAI will combine forces to create data centers orbiting the planet.
Microsoft builds Publisher Content Marketplace for AI licensing
Microsoft is turning its cloud muscle toward a new kind of storefront—one that lets developers attach a price tag to the articles, photos and videos their models learn from.
Databricks DB cuts app build to days; Lakebase runs PostgreSQL on lakehouse
Databricks’ new server‑less database promises to shrink the typical months‑long cycle of building data‑driven applications down to a matter of days, a claim that’s catching the eye of firms racing to ready their stacks for the next wave of agentic...
Musk merges xAI with SpaceX, forming USD 1.25 trillion private giant
Elon Musk is folding his AI venture, xAI, into the rocket firm that put the first private payload into orbit.
Shared memory adds documented actions for transparent AI orchestration
Shared memory is being pitched as the missing layer that lets multiple AI agents work together without slipping into a black‑box.
OpenAI launches Codex macOS app to run multiple AI coding agents in parallel
OpenAI just dropped a new Codex desktop app for macOS, letting developers spin up several AI coding agents side‑by‑side.
DocuSign CEO warns against relying on AI for contract reading and writing
DocuSign’s chief executive has sounded a rare note of caution in a market buzzing with generative‑AI promises.
Enterprises Misjudge RAG Metrics as Freshness Failures Stem from Source Changes
Enterprises are betting heavily on Retrieval‑Augmented Generation, yet many are tracking the wrong signals. Why does this matter?
Nvidia CEO says claim he's unhappy with OpenAI 'nonsense' and rejects USD 100B plan
Rumors have been swirling since Nvidia’s latest press briefing in Taipei, where investors and analysts alike tried to gauge the chipmaker’s stance toward its AI partner, OpenAI.
Wipro launches operating model that blends consulting, AI and business services
Wipro’s latest operating model arrives at a moment when dozens of global enterprises are wrestling with legacy systems that simply don’t keep pace with today’s speed of change.
76% of data leaders say trust paradox stalls AI as people lag behind
Why does this matter? A fresh survey of data leaders reveals a striking mismatch: 76 % say the very trust that should enable AI at scale is instead throttling it.
OpenAI, a Series F San Francisco startup founded in 2015 by eight pioneers
Why does a 2015 San Francisco AI lab still dominate headlines? Because it has survived the boom‑and‑bust cycle that swallowed many early‑stage ventures, and now sits at the tail end of a Series F round. While dozens of U.S.
Apple pays USD 2 billion for Q.ai, its second‑largest deal, to read silent speech
Apple is about to add a $2 billion line item to its balance sheet, earmarked for Q.ai, a fledgling audio venture that claims it can decode a person’s intent by watching their face.
Half of developers view generative AI as harmful; only 36% use it
Half of the developers polled think generative AI is a net negative for games, yet the technology still finds a foothold in daily workflows.
Sen. Warren urges Altman to confirm OpenAI has no government bailout guarantee
Senator Elizabeth Warren has taken the Senate floor to press OpenAI’s chief, Sam Altman, on a question that’s been buzzing in Capitol Hill for weeks: does the company rely on any federal safety net?
Zuckerberg says apps will replace recommendation algorithms with AI greetings
Meta’s leadership has been signaling a pivot from the familiar feed‑driven model toward something more conversational.
Company that sold ICE's face‑recognition app linked to revoked Global Entry
The company that supplied Immigration and Customs Enforcement with its notorious facial‑recognition tool has found itself at the center of a new legal dispute.
Google's Smart Glasses Lead in Software, Yet Lag on Style, Partner Samsung
Google’s next foray into wearables promises a software suite that outpaces most competitors, yet the design language still feels tentative.
Contextual AI unveils Agent Composer, hits top FACTS benchmark score
Here’s the thing: Contextual AI just rolled out Agent Composer, a tool built to push enterprise Retrieval‑Augmented Generation from prototype to production‑grade AI agents.
Pinterest to lay off up to 700 staff (~15%) by Sept 30 to focus on AI
Why is a tech‑driven social platform suddenly trimming its ranks? Pinterest, which reported 4,666 full‑time employees at the close of 2024, is set to let go of up to 700 staff members by Sept. 30.