Business — page 13
Musk vows not to 'cut off' Anthropic from SpaceX's $40B compute deal
Musk called Anthropic the current AI leader and pledged not to weaponize the 300 MW hosting contract, reversing a September 2025 dismissal.
OpenAI shuts down Atlas browser, folds features into ChatGPT and Chrome
The nine-month-old AI browser is dead; its agent capabilities move to a Chrome extension and a beefed-up ChatGPT desktop app.
Gradium closes $100M seed with Nvidia, opens Bay Area office
The Paris voice-AI startup, spun out of Kyutai, is pushing into Silicon Valley after landing Renault as an early customer.
Nvidia stock falls 15% as memory chips become the new AI bottleneck
GPU spot prices peaked in May near $3.20 an hour and have declined since, while DRAM prices climbed 10x over the past year.
SpaceX, Anthropic, and OpenAI exits to top 25 years of US venture returns
SpaceX went public at $1.77T; with Anthropic and OpenAI queued behind it, the trio will clear $4T in combined value.
Ollama raises $65M Series B as open-model runner hits 8.9M monthly developers
Theory Venture led the round for the Docker Desktop veterans; Ollama now sits inside 85% of the Fortune 500 with just 14 employees.
Meta commits C$13B to Alberta data center, its first in Canada
The build marks Meta's entry into Canadian AI infrastructure, with Alberta's cheap power and cool climate winning out over rival provinces.
Lovable in talks to raise $300M at $13.2B, doubling its December valuation
Menlo Ventures is expected to lead the round for the Swedish vibe-coding startup, which hit $500M ARR in June.
Prime Intellect raises $130M at $1B to build enterprise AI agents
Radical Ventures led the Series A as the startup hit a $100M revenue run rate helping companies train their own models instead of renting frontier labs.
AI startups are hitting revenue milestones in half the time
Mercor doubled from $1B to $2B in four months. Anthropic added $17B in run rate in under two. The pattern is now the story.
Ex-OpenAI product chief Kevin Weil joins Stoke Space board
The former OpenAI CPO takes a director seat at the $1.34B reusable-rocket startup, fueling speculation about a Sam Altman–SpaceX play.
SambaNova raises $1B at $11B valuation five months after Series E
General Atlantic leads the first close as the AI chip maker locks in JPMorgan Chase as an inference-infrastructure customer.
OpenAI chief futurist Joshua Achiam departs after nearly nine years
Achiam is the latest safety-focused leader to leave as OpenAI prepares to go public, following exits by Leike, Brundage, Adler, and Vallone.
AI data center demand pushes Rust Belt factory power bills up 70%
PJM capacity prices jumped from $28.92 to $329.17 per megawatt-day as steelmakers and brick factories absorb tens of millions in extra costs.
Microsoft shifts Excel and Word AI prompts to its own MAI models
The company is routing a share of Office 365 prompts away from OpenAI and Anthropic to homegrown MAI models as AI costs climb.
Bank of England warns AI is now a growing financial stability risk
The central bank flags AI concentration, model correlation and opaque agentic trading as risks worth watching across the UK financial system.
SK Hynix plans $28B US listing as AI memory demand fuels 260% stock run
South Korea's memory giant will offer 17.8 million ADRs this week, joining Micron as Wall Street hunts for the next Nvidia.
Vercel's Guillermo Rauch bets on splitting AI models from agents
The infrastructure firm handles 6 million deployments a day and 1 trillion daily AI tokens as it pushes an open-protocol stack against the labs.
OpenAI's proposed 5% US stake would hand each household about $320
Sam Altman is reportedly discussing a government equity stake with the Trump administration; the math is smaller than the pitch suggests.
Nvidia's AI Nations push lands wins in France, India and Brazil
France cut document search from two days to two minutes; India's Sarvam covers 22 official languages; Brazil's Widelabs serves 8 million citizens.
Station F's F/ai accelerator returns as first cohort banks $34M in pre-seed
Xavier Niel's Paris hub is pitching French AI founders on staying home, with a €1M revenue target and a fresh set of corporate backers.
Samsung set to post 18-fold profit jump on AI memory demand
The Korean chipmaker's earnings surge tracks the HBM buildout powering Nvidia, AMD, and every frontier AI training cluster.
Wealthy families pay $75,000 for AI to teach their kindergartners
Alpha School and Forge Prep are charging tens of thousands per year for AI-tutor classrooms, with no published outcome data.
Amazon shuts Mechanical Turk to new customers after 21 years
The crowdsourcing platform that once trained early AI models is now being trained by them — and Amazon has stopped taking new signups.
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