Business — page 16
Europe pushes AI sovereignty as Trump export controls jolt the continent
Macron's Choose France lands €100B in AI infrastructure pledges; a short-lived Claude Fable export ban becomes the wake-up call.
Anthropic hits near-$1T valuation while warning AI could destroy the world
Founded in 2021 by OpenAI defectors, Anthropic now sells Claude to the Pentagon and argues that dominating AI is the only way to make it safe.
Micron overtakes Meta and Tesla in market value on AI memory demand
The memory maker's rise reflects how HBM has become the gating resource for AI training, not GPUs alone.
Amazon MGM drops $40M OpenAI biopic as tech-Hollywood ties tighten
MGM Studios shelved Luca Guadagnino's Sam Altman film 'Artificial' near completion, days after Google DeepMind's $75M A24 deal.
Patronus AI raises $50M to stress-test AI agents in simulated worlds
Greenfield Partners leads a Series B as frontier labs line up for digital environments that catch agent shortcuts before deployment.
Notion shuts down Notion Mail as agents take over inboxes
More than half of Notion Mail users never open the inbox — so Notion is killing the app and leaning fully on AI agents.
General Intuition raises $320M at $2.3B to train AI agents on gameplay
Khosla Ventures led the round on a bet that hundreds of millions of hours of human gameplay data can teach AI to navigate the physical world.
Claude's paying consumers up 75% since January, eating into ChatGPT's lead
Credit card data from 28 million U.S. consumers shows Anthropic's Claude gaining on ChatGPT in a market OpenAI has owned outright.
Netris raises $15M from a16z to cut neocloud setup time
The network automation startup is already live across 35 GPU clusters and about 1 million GPUs at customers including Foxconn and HPE.
Adobe acquires Topaz Labs to fold on-device AI upscaling into Firefly
The deal brings Topaz's Astra video upscaler and Wonder image enhancer into Creative Cloud as Adobe fends off Canva and Blackmagic.
FIFA hands every World Cup team an AI agent as data arms race escalates
FIFA will track 150 million data points per match at the 2026 tournament and is offering Football AI Pro to all 48 nations to narrow the analytics gap.
Ford rehires 350 veteran engineers to fix errors made by its AI systems
After topping JD Power's initial quality ranking for the first time in 16 years, Ford admits its automated design systems weren't ready to run alone.
Amazon commits $13B more to India AI and cloud through 2030
The third India commitment in three years brings Amazon's total to $48B, funding AWS data center expansion in Mumbai and Hyderabad.
Netherlands lobbies Congress against MATCH Act curbs on ASML China sales
Dutch Trade Minister Sjoerd Sjoerdsma met Howard Lutnick to oppose a bill that would cut off 19% of ASML's system sales.
Cerebras stock drops 20% after margin guidance spooks first earnings call
The AI chipmaker beat Q1 estimates with $193M in revenue, but a 38–41% full-year margin forecast triggered the selloff.
Accenture rations AI tokens as employees burn budgets on basic tasks
After pushing staff to use AI or lose promotions, the consulting firm is now telling them to stop converting PDFs to slides with it.
Micron Q3 revenue quadruples to $41.45B as AI memory shortage bites
Shares jumped 13% after earnings as the Idaho chipmaker forecast up to $51B in Q4 revenue and inked a supply deal with Anthropic.
Agility Robotics to go public via SPAC at $2.5B valuation
The humanoid maker behind Digit is raising $620M to scale Digit v5 production against a $300M order book.
Bright Data's Or Lenchner argues real-time web access is AI's missing layer
97% of AI organizations now depend on live web data infrastructure, and 60% of projects without AI-ready data will be abandoned this year, per Gartner.
SK Hynix plans $29B Nasdaq ADR listing to court US AI investors
The HBM leader expects to start trading July 10, issuing 17.79 million shares at a 45.45 trillion won value to broaden its US base.
SoftBank's Masayoshi Son calls AI bubble talk 'blasphemy against AI'
The SoftBank founder, one of the largest financial backers of OpenAI, is pushing back hard against the bubble narrative gaining steam across markets.
Nvidia and AWS ship EC2 G7 instances with 4.6x AI inference gains
New Blackwell-powered G7 instances and cuVS-default vector search in OpenSearch cut indexing costs 75% versus CPU builds.
MoEngage acquires Aampe to put an AI agent behind every customer
The all-cash deal, worth tens of millions, gives the Indian marketing platform per-user AI agents and a foothold against Salesforce and Adobe.
Oracle cuts 21,000 jobs as it funds $50B AI buildout with debt
A 12.9% workforce reduction and $1.8B in restructuring costs accompany Oracle's debt-fueled push into AI cloud infrastructure.
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