Business — page 31
Foxconn Q1 profit jumps 19% on AI server demand, beating forecasts
The world's largest contract electronics maker is riding the AI buildout, with Q1 earnings outpacing analyst estimates.
US clears Nvidia H200 chip sales to 10 China firms
The license carve-out marks the first major softening of Biden-era export controls on Nvidia's high-bandwidth AI accelerators bound for China.
Campbell Brown's Forum AI builds expert benchmarks to grade frontier models
The former Meta news chief raised $3M to test how ChatGPT, Gemini and rivals handle geopolitics, hiring and mental health.
SK Hynix nears $1 trillion market value as AI memory demand surges
The Korean memory maker is closing in on a milestone reached only by a handful of companies, powered by HBM orders from AI chipmakers.
Clio hits $500M ARR as Anthropic muscles into legal AI with Claude for Legal
The Canadian law-firm software vendor has more than doubled revenue in a year, but its core model supplier is now also a rival.
TSMC projects global chip market to reach $1.5 trillion by 2030 on AI demand
The world's largest contract chipmaker says AI workloads are the primary engine pushing semiconductor revenue past the trillion-dollar mark this decade.
Jensen Huang's foundation buys $108M of CoreWeave compute, donates it to researchers
The Nvidia CEO's foundation is routing eight-figure GPU capacity from CoreWeave to academic AI researchers rather than commercial customers.
Microsoft scouts startup deals to hedge its OpenAI dependence
Reuters reports Microsoft is in talks with multiple AI startups as it prepares for a future less tied to OpenAI's roadmap.
Hugging Face's Sasha Luccioni launches Sustainable AI Group with ex-Salesforce chief
Luccioni and Boris Gamazaychikov are betting enterprise buyers will pay for emissions transparency the big model labs won't provide.
Origin Lab raises $8M to broker video game data to world-model labs
Lightspeed leads a seed round for a marketplace pairing game studios with AI labs training models on physical-world dynamics.
Anthropic launches Claude for Small Business, targets 36 million SMBs
A new toggle inside Claude Cowork adds bookkeeping, ad generation, and integrations with QuickBooks, Canva, DocuSign, HubSpot, and PayPal.
Anthropic overtakes OpenAI on Ramp business spend, 34.4% to 32.3%
Ramp's May 2026 AI Index shows Anthropic leading paid enterprise adoption for the first time across a sample of 50,000+ companies.
NVIDIA partners with David Silver's Ineffable Intelligence on RL infrastructure
The London lab, founded by AlphaGo architect David Silver, will codesign reinforcement learning pipelines on Grace Blackwell and Vera Rubin.
Data centers push into rural America with jobs math that doesn't add up
Maine's governor vetoed an 18-month data center moratorium citing 150 jobs at a Jay facility; a Texas study found net job creation closer to zero.
Medicare's new ACCESS payment model opens federal reimbursement to AI care
CMS picked 150 participants for a 10-year outcomes-based program built around AI agents like Pair Team's Flora.
Meta offers free WhatsApp access to rival AI chatbots to dodge EU fine
The concession would let competing AI assistants reach WhatsApp users directly, a structural shift for Meta's messaging platform in Europe.
SPAN pitches home-attached AI data center nodes in 100-home 2026 trial
The San Francisco startup wants 80,000 XFRA nodes in US homes by 2027, each packing 16 Nvidia Blackwell GPUs, in exchange for subsidized power.
Anthropic expands Claude for Legal as Harvey and Legora raise billions
New plugins and MCP connectors plug Claude into DocuSign, Box, and Westlaw as the legal AI race intensifies.
Anthropic disavows eight platforms selling access to its shares
With Anthropic reportedly raising at a $900B valuation, the company says SPV-based sales and forward contracts in its stock are void.
Google and SpaceX discuss orbital data centers ahead of $1.75T IPO
The talks tie Google's Project Suncatcher to SpaceX's launch capacity, with prototype satellites slated for 2027.
Amazon staff 'tokenmaxx' on internal MeshClaw tool to hit AI usage targets
Employees say they automate filler tasks to inflate token counts after Amazon set an 80% weekly AI usage target for developers.
NVIDIA and SAP embed OpenShell runtime into SAP Business AI Platform
The expanded partnership puts NVIDIA's open-source agent runtime under every SAP AI agent, with NemoClaw blueprints landing inside Joule Studio.
Vapi hits $500M valuation after Amazon Ring picks it over 40 AI voice rivals
Peak XV led a $50M Series B after Ring routed 100% of inbound calls through Vapi, which now processes up to 5M calls a day.
India IT shares slide to near three-year low as OpenAI fears resurface
Investors are again pricing in the risk that generative AI will compress demand for outsourced services from India's largest IT exporters.
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