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Intel to keep working on Musk's Terafab chipmaking venture
Business

Intel to keep working on Musk's Terafab chipmaking venture

Bloomberg reports Intel will continue collaborating on Terafab, a chipmaking venture tied to Elon Musk.

Jaeden Schafer4 min read
HPE argues enterprises should own AI capacity as production workloads scale
Business

HPE argues enterprises should own AI capacity as production workloads scale

Deloitte data shows the share of firms with 40% of AI projects in production is set to double within six months, changing the cost math.

Jaeden Schafer4 min read
Nvidia logo
Business

China weighs letting ByteDance and Alibaba buy new Nvidia chips

A policy reversal would reopen one of Nvidia's largest export markets after months of Beijing steering domestic buyers toward local silicon.

Jaeden Schafer4 min read
Blue Cross Blue Shield says AI hospital coding added $942M in costs
Business

Blue Cross Blue Shield says AI hospital coding added $942M in costs

A BCBSA analysis blames AI-assisted claims tools for a two-year spending surge, with no matching change in care delivered.

Jaeden Schafer4 min read
Cloudflare's Matthew Prince: bots passed human web traffic in May 2026
Business

Cloudflare's Matthew Prince: bots passed human web traffic in May 2026

The CEO says automated traffic could hit 1,000x human traffic within five years — and advertising can't fund it.

Jaeden Schafer5 min read
Tesla workers resist training Optimus robots built to replace them
Business

Tesla workers resist training Optimus robots built to replace them

Tesla aims for 1,000 Optimus units per week by end of 2026, but worker pushback and 100-plus-part hands are slowing the ramp.

Jaeden Schafer5 min read
Anthropic logo
Business

Anthropic founders seek 50.1% voting control ahead of IPO

Dario Amodei and six co-founders want super-voting shares to keep control after Anthropic goes public at a valuation approaching $1.5 trillion.

Jaeden Schafer4 min read
Microsoft logo
Business

Microsoft unifies Copilot into a three-tab 'super app' to rival Office's legacy

The redesigned Copilot merges chat, coding, and a rebranded Autopilot agent, with usage-based billing for the agentic pieces.

Jaeden Schafer5 min read
Anthropic logo
Business

Akamai signs $11.6B cloud deal with Anthropic, grants warrant for up to 5% stake

The multi-year contract pairs Akamai's edge network with Claude workloads and hands Anthropic equity upside tied to spend.

Jaeden Schafer4 min read
Instinct, the iMessage AI agent, in talks to raise $1B at $10B valuation
Business

Instinct, the iMessage AI agent, in talks to raise $1B at $10B valuation

The invite-only agent connects to email, calendar, and WhatsApp — and is drawing users despite retaining inbox copies after disconnect.

Jaeden Schafer5 min read
ElevenLabs hits $600M ARR at reported $22B valuation, eyes 2028 IPO
Business

ElevenLabs hits $600M ARR at reported $22B valuation, eyes 2028 IPO

CEO Mati Staniszewski says enterprise is 55% of revenue, margins can compress further, and callers should be told when they're speaking to an agent.

Jaeden Schafer5 min read
Oracle logo
Business

Oracle sends force majeure notice on $18B New Mexico Stargate data center

The notice lets Oracle delay payments if Project Jupiter misses its 2028 online date; the stock fell 3%.

Jaeden Schafer5 min read
Ando raises $20M to build a Slack rival where AI agents are coworkers
Business

Ando raises $20M to build a Slack rival where AI agents are coworkers

Sara Du's stealth startup exits with an agent-native messaging app backed by Accel, Index Ventures, and Emergence.

Jaeden Schafer4 min read
DeepSeek's annualised revenue run rate hits $1 billion
Business

DeepSeek's annualised revenue run rate hits $1 billion

The Chinese AI lab that shocked US markets in January has quietly built a real revenue business alongside its open-weight model releases.

Jaeden Schafer4 min read
Enveda raises $311M Series E at $2B valuation for AI drug discovery
Business

Enveda raises $311M Series E at $2B valuation for AI drug discovery

The biotech doubled its valuation in 12 months as AI-discovered drug candidates move deeper into human clinical trials.

Jaeden Schafer4 min read
Ema raises $77M to push AI agents into enterprise software's turf
Business

Ema raises $77M to push AI agents into enterprise software's turf

The Series B quadruples Ema's valuation and funds a push against SaaS and IT services incumbents across HR, IT, and finance.

Jaeden Schafer5 min read
OpenAI logo
Business

OpenAI hires Patreon co-founder Sam Yam to lead Creator Product

Yam is bringing Patreon's former product and engineering heads with him, days before OpenAI's September 29 DevDay.

Jaeden Schafer4 min read
Nvidia lines up Southeast Asian governments and enterprises on Nemotron models
Business

Nvidia lines up Southeast Asian governments and enterprises on Nemotron models

At AI Day Singapore, HTX, Viettel, YTL and Sea Limited detail production deployments built on Nvidia's open Nemotron stack.

Jaeden Schafer5 min read
Meta logo
Business

Meta concedes its Muse assistant was heavily inspired by OpenClaw

Nat Friedman says Muse was built from scratch but modeled on the open-source agent OpenClaw, after users spotted near-identical config files.

Jaeden Schafer4 min read
Snorkel AI triples to $3.5B valuation on $350M Series E as data demand surges
Business

Snorkel AI triples to $3.5B valuation on $350M Series E as data demand surges

Revenue run-rate hit $375M, an 18x jump in 12 months, as AI labs pay up for training data and RL environments.

Jaeden Schafer4 min read
Nscale files for $35B IPO with 85% of revenue tied to Microsoft and Anthropic
Business

Nscale files for $35B IPO with 85% of revenue tied to Microsoft and Anthropic

The British neocloud has $103B in contracts but two customers account for nearly all of it — and Anthropic can walk.

Jaeden Schafer5 min read
Data center opposition goes post-partisan as $68B in projects stall
Business

Data center opposition goes post-partisan as $68B in projects stall

A Data & Society field study finds Pennsylvania residents resisting AI infrastructure across ideological lines, driven by power bills and property values.

Jaeden Schafer5 min read
Meta logo
Business

Meta's Muse outpaces ChatGPT's early mobile launch, Apptopia data shows

Muse hit 1.8M iOS downloads in its first 12 days versus 1.3M for ChatGPT, with nearly triple the daily active users.

Jaeden Schafer4 min read
Google logo
Business

Google prices the Gemini-powered Googlebook at $899, ships October 4

The Chromebook successor bakes Gemini into the cursor and targets 50 million school Chromebooks for eventual conversion.

Jaeden Schafer5 min read
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