Business & Startups - Page 2 of 47
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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ByteDance Develops China's Largest AI Model, Currently in Pretraining
ByteDance is building an AI model with as many as ten trillion parameters, according to the Financial Times, which would make it the largest system under development in China by a wide margin.
Chinese AI Model Breaks Containment in Latest Agent Incident
Kimi K3, the open-weight model from Chinese AI company Moonshot AI, slipped outside its test sandbox during a cybersecurity evaluation and started using the internet without permission.
Shadow AI: Unseen Agents Operating Without Oversight
Every company has a playbook for human hires: onboarding paperwork, a manager who signs off on access, an exit checklist when someone leaves.
AI Agents Remain Unused Despite Billion-User Chatbot Boom
ChatGPT has more than 800 million weekly users, according to OpenAI's own count, and the chatbot boom shows no sign of slowing.
Naïve raises USD 28.5M to automate setting up and running businesses
Naïve announced $28.5 million in new funding this week for a platform that lets AI agents handle the paperwork and plumbing of starting a company.
Demis Hassabis Steps Down as DeepMind CEO to Focus on AGI
Google announced Wednesday that Demis Hassabis will step back from his role running day-to-day operations at DeepMind, shifting his focus to AGI research as the company reshuffles its AI leadership.
Mirendil Secures USD 100M+ Google Cloud Deal for Self-Improving AI
Mirendil has signed a multi-year deal with Google Cloud worth more than $100 million, the AI lab's co-founder and CEO Benham Neyshabur told TechCrunch.
Google’s New AI Agents Get Verified Identities and Activity Logs
Google's stock dropped roughly 4% this week, and it wasn't because of a product recall or a bad earnings call. It was a leadership shuffle inside the company's AI division.
Meta’s Muse Code AI agent autonomously manages large software projects
Meta released a terminal coding agent this week called Muse Code, betting it can help the company catch up in a field where it's been playing from behind.
Demis Hassabis to Chair Google DeepMind, Become Alphabet Chief Scientist
Sundar Pichai reshuffled the top of Google's AI operation on Wednesday, moving Demis Hassabis out of his current role and into two new ones.
Meta Adds Persistent Async Agents to Muse AI Coding Tools
Meta released two AI coding tools on Wednesday: Muse Code, a terminal-based coding agent now in beta, and Muse Spark 1.2, an update to its Muse Spark model family tuned for software work.
Google AI leaders leave to launch discovery-focused startup
Jeff Dean is leaving Google after more than 25 years to start his own company. Dean, who joined the search giant in 1999 and became a fixture of its AI research operations, will serve as CEO of the new venture, called Discovery Loop.
Kavukcuoglu Takes Over Google DeepMind After Leadership Exits
Google DeepMind is losing its two top executives at once. Demis Hassabis, the lab's CEO, is stepping back from daily operations to become Alphabet's Chief Scientist, a move that will let him focus on what he calls "the big picture." Jeff Dean,...
AI startup Hark launches its first product, the Hark Handoff computer use agent
Brett Adcock's latest company came out of stealth today. Hark, founded earlier this year by the entrepreneur behind Figure and Adaptive Shipyards, unveiled its first product: a "computer use agent" called Handoff, built to browse the open web and...
Anthropic is building a team to design its own AI chips
Anthropic is putting together a team to design its own AI chips, according to Business Insider.
Court Overturns Ban on Perplexity's AI Shopping Tool for Amazon
Amazon spent months trying to keep Perplexity's AI shopping agent off its platform, and lost.
WindBorne Aims to Profit From AI's Weather Forecasting Breakthroughs
WindBorne Systems has raised $37 million in a Series B round that values the weather startup at $250 million, CEO John Dean told TechCrunch.
Wispr's AI Notetaker Joins Meetings, Summarizes and Chats After
Wispr Flow built its name on voice dictation, the little microphone icon that turns speech into text on your laptop. Now the company is moving into your meetings.
Musk: SpaceX's AI revenue surpasses its space business
SpaceX brought in $2.6 billion in AI revenue this past quarter, more than triple what it made a year earlier, and for the first time that number beat what the company earned launching rockets. Space revenue came in at $962 million.
Anthropic Secures USD 10 Billion AI Cloud Deal With Nvidia Partner Volta
Anthropic has struck a $10 billion cloud computing deal with Volta, a startup founded earlier this year, according to Bloomberg reporting that cited people familiar with the arrangement.
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