Business — page 18
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.
Google's July 4 Workspace ad puts Gemini in the hands of the Founding Fathers
The commercial imagines Jefferson, Franklin, and Adams drafting the Declaration of Independence inside Google Docs, Meet, and Nano Banana.
Google's July 4 ad imagines the Founders drafting the Declaration in Workspace
The 250th-anniversary spot leans on Docs, Meet, and Gemini — and picked up 'tone deaf' reviews on Bluesky within hours.
Mistral AI eyes $3.5B raise at $23B valuation as revenue hits $400M
The French lab's ARR jumped 20x in a year, and CEO Arthur Mensch is pitching Mistral as sovereign infrastructure, not a European ChatGPT.
Google DeepMind partners with A24 on filmmaker-led AI research
Google is investing in the studio behind Everything Everywhere All at Once and building tools alongside its filmmakers.
Kuaishou's Kling AI raises $2.8B with Alibaba and Tencent backing
China's two largest internet groups jointly bankroll a video-generation unit inside a rival platform, an unusual alignment against OpenAI's Sora.
Anthropic launches Claude Science and plans to develop its own drugs
The AI lab is hiring biologists, building wet labs, and putting itself in direct competition with the pharma customers it sells to.
Alibaba moves to ban employees from using Anthropic's Claude Code
The Chinese cloud giant is cutting off internal access to Claude Code as US export controls tighten around frontier AI tools.
Zuckerberg tells Meta staff AI agents aren't progressing as fast as he hoped
After cutting 8,000 jobs and reassigning 7,000 more to AI teams, Meta's CEO concedes the payoff is still 3 to 6 months out.
Anthropic in talks with Samsung on a custom AI chip
The Claude maker is exploring a Samsung-built processor as competitors OpenAI, Google, and Amazon race to reduce Nvidia dependence.
Cursor's $60B SpaceX deal puts its OpenAI and Anthropic ties in doubt
Cursor wants to keep serving rival models after the acquisition closes, but its two biggest suppliers now have to sell through Elon Musk.
OpenAI offers US a 5% stake as Sanders pushes for a 50% tax
Sam Altman is in early talks with the Trump administration on a sovereign AI wealth fund. Bernie Sanders wants far more.
OpenAI floats giving 5% of its equity to a US sovereign wealth fund
Sam Altman's proposal would extend to other AI labs; any formal action likely requires congressional approval.
Microsoft commits $2.5B to Frontier, a new AI deployment company
The unit will staff 6,000 engineers against enterprise AI rollouts, following a $1B AWS commitment two days earlier.
Woodside Energy pushes agentic AI into LNG plant operations
The Australian energy producer is layering AI agents over a decade of operational data, starting with an LNG plant Startup Advisor copilot.
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