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Business — page 20

Proception settles Tesla trade secrets suit, raises $11M for robot hands
Business

Proception settles Tesla trade secrets suit, raises $11M for robot hands

Ex-Optimus engineer Jay Li's startup closes a First Round-led seed and starts shipping a 22-degree-of-freedom robotic hand.

Jaeden Schafer5 min read
Nvidia logo
Business

Palantir taps NVIDIA Nemotron open models for US government AI

The deal puts customizable frontier models inside air-gapped federal environments, with agencies keeping the weights they train.

Jaeden Schafer5 min read
China's CXMT lands $3B memory supply deal with Tencent
Business

China's CXMT lands $3B memory supply deal with Tencent

The deal hands a domestic Chinese memory maker its largest AI customer to date, as Tencent races to secure chips for data center buildouts.

Jaeden Schafer4 min read
Baidu's chip unit Kunlunxin eyes $50 billion Hong Kong IPO
Business

Baidu's chip unit Kunlunxin eyes $50 billion Hong Kong IPO

The AI accelerator spinout would list in Hong Kong at a valuation that rivals top global chip designers, per The Information.

Jaeden Schafer4 min read
Suno's Spark incubator asks artists to sign away rights and stay quiet
Business

Suno's Spark incubator asks artists to sign away rights and stay quiet

The AI music startup wants unsigned artists for grants and mentorship — in exchange for broad licenses, a class-action waiver, and a non-disparagement clause.

Jaeden Schafer4 min read
Anthropic logo
Business

Austria lobbies EU to host Anthropic after US export curbs

Vienna pitches itself as a European base for the Claude maker as Washington's access controls reshape where frontier AI can sell.

Jaeden Schafer4 min read
Google logo
Business

Google restricts Meta's access to Gemini AI models

The curb signals Google treating Meta as a direct AI rival rather than a customer, per a Financial Times report.

Jaeden Schafer4 min read
OpenAI logo
Business

Apple's Vision Pro chief Paul Meade is leaving for OpenAI's hardware team

Meade, who also led Apple's planned AI smart glasses, joins an OpenAI hardware push already staffed by Jony Ive.

Jaeden Schafer4 min read
Apple raises Mac, iPad, and HomePod prices, blames AI memory crunch
Business

Apple raises Mac, iPad, and HomePod prices, blames AI memory crunch

Tim Cook calls the hikes unavoidable as AI data centers outbid consumer device makers for RAM — even with Apple posting four straight record quarters.

Jaeden Schafer5 min read
OpenAI logo
Business

OpenAI hires Uber India chief Prabhjeet Singh to run its second-largest market

The first India MD will report to APAC chief Kiran Mani as OpenAI races Anthropic and Microsoft for more than 1 billion internet users.

Jaeden Schafer5 min read
Europe pushes AI sovereignty as Trump export controls jolt the continent
Business

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.

Jaeden Schafer5 min read
Anthropic logo
Business

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.

Jaeden Schafer5 min read
Micron overtakes Meta and Tesla in market value on AI memory demand
Business

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.

Jaeden Schafer4 min read
OpenAI logo
Business

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.

Jaeden Schafer5 min read
Patronus AI raises $50M to stress-test AI agents in simulated worlds
Business

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.

Jaeden Schafer4 min read
Notion shuts down Notion Mail as agents take over inboxes
Business

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.

Jaeden Schafer4 min read
General Intuition raises $320M at $2.3B to train AI agents on gameplay
Business

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.

Jaeden Schafer5 min read
Anthropic logo
Business

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.

Jaeden Schafer5 min read
Netris raises $15M from a16z to cut neocloud setup time
Business

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.

Jaeden Schafer4 min read
Adobe acquires Topaz Labs to fold on-device AI upscaling into Firefly
Business

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.

Jaeden Schafer4 min read
FIFA hands every World Cup team an AI agent as data arms race escalates
Business

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.

Jaeden Schafer5 min read
Ford rehires 350 veteran engineers to fix errors made by its AI systems
Business

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.

Jaeden Schafer5 min read
Amazon commits $13B more to India AI and cloud through 2030
Business

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.

Jaeden Schafer4 min read
Netherlands lobbies Congress against MATCH Act curbs on ASML China sales
Business

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.

Jaeden Schafer4 min read
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