Business — page 22
Nobel laureate John Jumper leaves Google DeepMind for Anthropic
The AlphaFold co-creator is the highest-profile science hire Anthropic has landed from a rival frontier lab.
Trump says he viewed Anthropic as a national security threat last week
The president told Axios that relations with the AI lab have since improved, after weeks of export controls and Pentagon supply-chain scrutiny.
Amazon MGM drops Luca Guadagnino's Sam Altman film Artificial
The studio is shopping the OpenAI drama to a new distributor, days before its reported release window.
Anthropic's federal ban is becoming a marketing asset
Cybersecurity researchers signed an open letter calling the Fable 5 and Mythos 5 pull dangerous, and the noise is lifting Anthropic's profile.
Reliance launches Jio Call Agent, pushes AI into 500M phone lines
Mukesh Ambani is wiring AI into Jio's telecom network, the MyJio app, and a new home display ahead of Jio Platforms' IPO.
Smartbird, the AI company formerly known as Allbirds, names Nadia Carlsten CEO
The shoe brand sold its footwear business for $43M and raised $100M to become an AI infrastructure provider with no team yet.
US tells ASML an EUV machine may be in China. ASML says no
Commerce Secretary Howard Lutnick has pressed ASML executives over alleged EUV shipments to China. The company says every machine is accounted for.
Barret Zoph exits OpenAI five months after returning from Thinking Machines
The head of enterprise AI sales is out again after a January return; he had been leading OpenAI's enterprise push ahead of a planned IPO.
Taiwan plans $6.6B drone buildout, eyes US military as export market
A six-year defense budget would buy 208,000 coastal attack drones while Taiwanese firms court Pentagon contracts and Ukraine supply chains.
Elastic agrees to buy DeductiveAI for up to $85M in AI SRE land grab
The two-year-old startup hit roughly $1M ARR before the deal — a fast exit in a sector where Resolve AI just hit a $1.5B valuation.
Snap spins off generative AI video team into new company, Dotmo
CTO Bobby Murphy leads the new venture as an outside investor while Snap takes equity and licenses its tech for interactive gaming.
Baseten nears $1.5B round at $13B valuation, up 160% in five months
The AI inference startup is closing a split-priced round five months after a $300M Series E, riding the inference gold rush.
OpenAI adds spend controls and usage analytics to ChatGPT Enterprise
Admins get finer-grained visibility into who is using ChatGPT Enterprise, how often, and at what cost — a response to budget creep at scale.
AWS opens talks to sell Trainium chips to outside buyers, targeting Nvidia
Amazon's AI chip business is on a $50B run rate. Selling to third parties would put it in direct contact with Nvidia's $326B engine.
FERC clears faster grid hookups for AI data centers, with 60-day study path
New large-load interconnection rules let AI factories fund their own upgrades and qualify for accelerated reviews if they offer flexible load.
FERC orders grid operators to fast-track AI data center connections
Six major grid operators have 30 days to report spare capacity and 60 days to defend rates as data center demand is set to nearly triple by 2035.
General Intuition in talks for $300M round at $2B valuation
The Medal spinout building world models to train AI agents has drawn checks from Jeff Bezos and Eric Schmidt eight months after its seed.
Nvidia turns Cannes Lions into a pitch for AI-run advertising
Alembic, AWS, Criteo, Higgsfield, KERV.ai and Taboola show off Blackwell-powered adtech stacks built around autonomous agents.
Intel jumps 9% after Trump announces Apple chip design deal
The president said on Truth Social that Apple will design and build chips with Intel in the U.S., extending a run that has lifted Intel 464% in 12 months.
JPMorgan blocks Anthropic AI access for Hong Kong staff
The bank is carving its Hong Kong workforce out of Anthropic deployments, citing data and jurisdictional concerns.
France's AI buildout goes live: Mistral data center hits 18,000 GB200s
Mistral's 44MW Bruyères-le-Châtel site is operational, anchoring a 200MW European compute roadmap by 2027 and a planned 1.4GW Campus AI hub.
IO-AI Tech turns Shenzhen workers into humanoid robot pilots
The startup pays operators to wear VR rigs and steer factory humanoids, harvesting the teleoperation data needed to make the bots autonomous.
NEA's Tiffany Luck: enterprises still can't pin down AI ROI
Uber blew its annual AI budget in months, Meta killed an internal leaderboard, and CFOs are asking what tokenmaxxing actually bought.
Snap stock slides 5% after $2,200 Specs AR glasses unveiling
Shares fell from $5.86 to $4.83 after Snap priced its decade-in-the-making AR glasses at nearly $2,200 — well outside its teen demographic's budget.
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