Business & Startups - Page 7 of 56
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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OpenAI's ChatGPT Ad Business Hits USD 1 Billion Annual Run Rate
OpenAI's advertising business is about 200 days old and already generating $1 billion a year, the company said.
AI labs buy tens of thousands of Mac minis to train agents amid chip shortage
OpenAI has bought tens of thousands of Mac minis and Mac Studios, and it wants more, but it can't get them.
Lawsuit Alleges Grok AI Was Trained on Child Sexual Abuse Material
A federal judge in Virginia this week blocked the Pentagon from cutting off Anthropic's access to a defense contract, halting a blacklisting move the Defense Department hadn't fully explained in public filings.
Barret Zoph Leaves OpenAI for Google After Five Months
Barret Zoph has changed employers four times in fourteen months. The latest move: Google, where he's taking a job as vice president of research, focused on reinforcement learning and post-training work for Gemini.
AI Firms Warn of Growing Cyber Threats in Open Letter
More than 100 companies signed an open letter this week warning that AI-driven cyberattacks are about to get a lot worse, and that neither industry nor government is ready.
Sam Altman's Long-Term Focus Amid OpenAI's Executive Departures
OpenAI has lost a string of senior executives this year, among them chief technology officer Mira Murati, chief research officer Bob McGrew, and research chief Barret Zoph, all of whom departed within days of each other back in September.
Plaud One AI Earbuds Open Preorders for USD 250, Ship in September
Plaud made its name with a credit-card-sized pin that clips onto a shirt and records meetings for later transcription. Now the company is betting that shape doesn't matter as much as the AI behind it.
Anthropic Signs USD 10 Billion Cloud Deal With Startup Volta
Anthropic has agreed to rent roughly $45 billion in computing power from Nscale, a British AI infrastructure company that didn't exist before 2024, according to a source familiar with the matter who spoke to TechCrunch.
Google Claims Gemini 3.5 Transcribe Is 70% Faster Than Chirp 3
Google's Pixel 11 already runs on Gemini 3.5 Transcribe, quietly handling voice input through the Gboard "Rambler" feature. Now the company is confirming what that model can do, and preparing to spread it across the rest of the Google ecosystem.
Amazon triples Nvidia chip order amid surging demand for AI
Amazon just agreed to buy 2 million more Nvidia GPUs, and the ink on the last order barely dried.
AI Agents Will Define Future Customer Engagement
Enterprises have spent the past two years wiring conversational AI into every customer touchpoint they can find: chat windows, voice lines, messaging apps. What most of them haven't done is rebuild the systems underneath to actually handle it.
OpenAI's Astra AI model family fuels Sam Altman's 2026 AGI timeline
Sam Altman is putting a date on artificial general intelligence, sort of. The OpenAI CEO told TIME's Alex Heath, who spent more than two weeks interviewing over 20 executives, employees, investors and rivals for an extensive report, that OpenAI will...
AI agents can propose DNS changes but can't approve them, Tenet finds
An AI security agent at an unnamed company read a Cloudflare log entry, found an attacker's payload sitting inside it, and used it to rewrite the company's DNS records. Cloudflare's firewall had already blocked that exact payload.
Meta Scrapped AI Layoffs Hours Before They Were Set to Begin
Mark Zuckerberg called off a round of AI-driven layoffs at Meta on the evening of May 19, just hours before they were due to start.
Arga Trains Enterprise AI in Full Work Environments
Enterprise AI agents keep failing at the boring parts of the job: matching a lead in Salesforce to a contact created separately in HubSpot, figuring out whether an email already went out, deciding who on a deal actually needs a reply.
Runable hits USD 2M revenue in three weeks after adding payments
Runable added a payments feature three weeks ago. Since then, the Bengaluru startup has pulled in $2 million in revenue, according to co-founder and CEO Umesh Kumar.
Generalist Hits USD 3B Valuation, Founded by Ex-DeepMind, Boston Dynamics Engineers
Generalist has hit a $3 billion valuation less than five months after its last funding round, according to two people with knowledge of the deal.
OpenAI's Data Center Strategy Lead Departs Amid Industry Talent Crunch
Chris Malone spent nearly five years at Meta and more than a decade at Google before joining OpenAI in March 2024 to run its data center strategy.
Meta's Paid AI Agent Hatch Launches Soon, With New Model Watermelon Due
Meta Platforms plans to launch a paid AI agent called Hatch within the next few weeks, according to internal documents reviewed by The Information. A second product, an AI model named Watermelon, is slated for release in October.
Perplexity's Portable AI Computer Runs Qwen 3.8 27B Locally at Zero Token Cost
Perplexity started shipping Portable Computer this week, a local-first version of its agentic Computer platform built to run on NVIDIA's DGX Spark hardware.
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