Israeli startup 42AI has emerged from stealth with $62.5 million in seed funding to develop a "behavioral world model" designed to predict human decision-making. The company is currently dep...
Elon Musk announced that xAI is reducing usage limits for Grok Bot because the cost of serving the AI is "unsustainably high relative to revenue," according to a post on X. The decision foll...
Anthropic reported $17 billion in revenue for the third quarter, a 47% increase from the previous quarter, according to an amended S-1 filing with the Securities and Exchange Commission. The company, ...
President Javier Milei is attempting to attract artificial intelligence data centre investment to the Patagonia region by promising minimal regulation and significant tax incentives. The government&#x...
OpenAI signed agreements spanning the energy, investment, and government sectors in the United Arab Emirates as the AI lab pursues a $20 billion funding round. CEO Sam Altman met with Khaled bin Moham...
Ryanair is reviewing cost-cutting measures, including potential pay freezes and reduced crew numbers on flights, to counter a projected €2bn increase in jet fuel costs. The airline expects the surge i...
In the third quarter, Meta's ad business grew at a rate more than double that of Google's Search and other unit, supporting claims that Meta's investments in artificial intelligence are...
Neocloud firms, which lease computing power to major AI developers like Anthropic, OpenAI, and Meta, are facing intense scrutiny regarding their financial stability. Analysts at Gartner predict that b...
Major financial institutions, including JPMorgan Chase, Bank of America, BMO, CIBC, RBC, and TD Bank, are reportedly blocking personal AI agents due to security and safety concerns. Meanwhile, Meta&#x...
Anthropic filed a 335-page S-1 prospectus, which includes a letter urging prospective stock owners to view their purchase as an opportunity to be part of something greater, stating that the march towa...
