Business — page 5
Meta launches Meta One subscription tiers built around AI usage
New Core and Premium plans at $7.99 and $19.99 a month bundle Muse image and video tools with earlier Plus tiers already lifting daily revenue.
Hyperscalers need 2.7x productivity jump by 2030 to justify $1T AI spend
Wharton's Jessica Wachter says the buildout requires growth by 2030 that took a decade in the 1990s IT boom — or bankruptcy risk looms.
OpenAI buys smartphone camera startup Glass Imaging for $300M
The acquisition, led by two former Apple Portrait Mode engineers, deepens OpenAI's hardware push after its $6.5B deal for Jony Ive's io.
Unitree's Wang Xingxing cut costs to $4,900 to lead China's humanoid robot race
The Hangzhou founder personally signs off on $15 expenses and gave every senior executive a performance score of 1 out of 1.5.
Jensen Huang puts Trump on speakerphone at All-In Summit to dismiss AI fears
Nvidia's CEO handed the mic to the president, who called AI development fears a 'hoax' and said robots won't take over.
Superhuman acquires Fathom to embed AI notetaking in its productivity suite
The email client operator buys the YC-backed notetaker after testing its own build; Fathom had 400,000 monthly active users.
AI-linked Asian stocks slump after lab CEOs call to slow AI development
Chip suppliers and AI infrastructure names across Asia sold off after frontier lab chiefs publicly urged the industry to slow down.
Anthropic picks Nasdaq as its listing venue for planned IPO
The Claude maker has selected the Nasdaq over the NYSE as it moves toward what would be one of the largest AI listings on record.
Sam Altman rules out an OpenAI IPO in 2026, calls timing 'ill-advised'
The CEO told Fortune the company won't rush a listing while safety questions dominate, pushing a planned Q3 or Q4 2026 debut into 2027 or later.
Oracle to spend another $700M on restructuring as AI buildout accelerates
The added charge lands as Oracle pours capital into data centers to service its Stargate commitment and cloud backlog.
Moonshot AI targets $2B annualized revenue on Kimi K3 traction
The Chinese lab wants to double its August run rate by year-end, even as Anthropic accuses it of distilling Claude Opus.
Pentagon in talks to lend $5B to AI cloud startup Fluidstack
The proposed loan would mark one of the largest direct federal financings of AI compute infrastructure to date.
OpenAI pauses new $200 Pro signups as Astra demand overwhelms capacity
Product lead Thibault Sottiaux says the Pro tier strains OpenAI's infrastructure most; Plus, Go, and API plans stay open.
Universal Music partners with ElevenLabs on AI remix platform
UMG's multi-year licensing deal with ElevenLabs lets fans remix licensed catalog tracks, with artist opt-in and a promise of compensation.
Maven Robotics exits stealth with $100M to automate warehouse palletizing
Ex-Apple special-project engineer Hamza Derbas plans 250 third-generation robots for an $80B mixed-palletizing market.
Listen Labs walks away from $1.5B Menlo round for Salesforce talks
The AI market research startup ditched a signed term sheet as Salesforce weighs a $2B acquisition at 67x revenue.
AI spend per employee fell 10% at top firms in August, Ramp data shows
The top 1% of Ramp customers cut AI spend per employee to $7,205 as OpenAI and Anthropic price wars bite into token revenue.
DeepSeek hires CITIC Securities for a domestic China IPO
The Hangzhou model lab is preparing a mainland listing, choosing China's largest brokerage as sponsor rather than a Hong Kong or offshore route.
Danijar Hafner leaves DeepMind to build robots that plan for the unexpected
The 31-year-old creator of the Dreamer agent series left Google DeepMind in fall 2025 to launch a stealth robotics startup in San Francisco.
Lake Mariner's $3.2B AI data center exposes an accountability gap
A fire at TeraWulf's Somerset site revealed dry hydrants and no clear owner among TeraWulf, Fluidstack, Google, and Anthropic.
Travis Kalanick's Atoms eyes robotaxis after $1.7B raise
The Uber founder's AI startup is in talks with his old company to supply autonomous vehicle tech, following a $1.7B round led by Andreessen Horowitz.
TCS unit to spend up to $7.4B on AI data center campus in India
Tata Consultancy Services' infrastructure arm is placing one of India's largest bets yet on domestic AI compute capacity.
Nscale seeks $3.5B in pre-IPO financing ahead of month-end listing
The British AI compute provider wants $1.5B in convertible notes and $2B more from Nvidia before going public.
Apple hands CEO role to John Ternus as Nvidia moves to own the AI stack
Tim Cook exits to Executive Chairman days before an iPhone event, while Nvidia keeps buying its way across the AI supply chain.
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