Business — page 6
Ryanair signs five-year Google Cloud deal to expand AI in airline operations
Europe's largest low-cost carrier is deepening its bet on cloud AI to run scheduling, ops, and customer-facing systems.
Nvidia lines up $500B in outside capital to finance AI factories
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR will underwrite Nvidia compute as long-lived infrastructure.
River AI raises $1.1B two months after launch to rebuild the AI stack
General Catalyst and AMP PBC led the round into xAI co-founder Igor Babuschkin's startup, with Nvidia, AMD Ventures, Y Combinator, and Temasek joining.
Brad Lightcap, OpenAI's longtime COO, leaves after eight years
The 2018 hire who built OpenAI's finance, legal, and go-to-market functions is departing to start a new venture, with details to come.
Nvidia, Google, and Microsoft push 800 VDC power standard for AI factories
An OCP-backed direct-current architecture aims to unblock rack density as Wood Mackenzie projects $9 trillion in AI infrastructure spend through 2040.
Spotify to label AI Persona profiles and cut them from recommendations
Starting mid-September, AI-generated artists get a badge and lose default placement in editorial and algorithmic recommendations.
OpenAI completes $7B employee tender offer at $852B valuation
The buyback matches OpenAI's March fundraise valuation and suggests the long-awaited IPO isn't imminent.
Bose turns 60 by licensing its audio tech to Motorola, Xreal, and Sena
CEO Lila Snyder is rebuilding Bose as a multi-brand company and a B2B audio tech supplier as AI wearables threaten the headphone business.
OpenAI CFO Sarah Friar lays out five lessons for AI-native finance teams
Friar's playbook covers automated forecasting, tighter controls, and how finance leaders should measure AI return on investment.
OpenAI writes Governor Abbott pledging responsible AI infrastructure in Texas
The letter positions OpenAI alongside Texas as the state courts data center buildouts and hyperscaler investment.
Discovered Materials raises $9M to hunt cooler chip materials with AI agents
The Y Combinator alum is running thousands of AI-agent guesses a day to find semiconductor materials that run cooler than today's chips.
Situational Awareness pours $400M into chip startup Source Foundry
Leopold Aschenbrenner's AI hedge fund doubles down on Source Foundry weeks after halving its assets under management to $10B.
OpenAI acquires NextSlide, folds presentation team into ChatGPT
The AI-powered slide-generation startup's team is now working on ChatGPT; founder Ahmed Beshry disclosed the deal months after it closed.
Amazon's Texas data center power plant permitted for 33M tons of CO2
GW Ranch, a 7.65-gigawatt gas plant in Pecos County built to feed one Amazon site, holds a permit exceeding the largest US coal plant.
Apple wires Mac users in China into Alibaba's Qwen AI service
Apple has cleared the way for Mac users in China to connect to Alibaba's Qwen models, its latest workaround for a regulatory wall that blocks its own AI stack.
Firebird opens CIS region's largest AI factory in Armenia with Nvidia GPUs
The AI cloud plans 70,000 Rubin and Blackwell GPUs and 300 megawatts in Armenia by end of 2027, with a 2-gigawatt roadmap across the region.
Rippling burned 40% of R&D payroll on AI tokens, then built a tool to stop it
After discovering 10-15% of employees drove 60% of AI spend, Rippling launched AI Spend Console to track token use against actual productivity.
Google AI leadership reshuffles as Jeff Dean exits amid model race pressure
Senior departures at Google DeepMind land as rival models from Anthropic and OpenAI keep setting the pace.
Roku launches 24/7 AI-generated channel with startup Fairground
Fairground AI Creator TV is one of four new FAST channels Roku added this week, streaming a continuous feed of text-to-video clips.
OpenAI's smart speaker will cost $300 to $400 and move to feel alive
The hockey-puck-sized device, designed with Jony Ive's LoveFrom, targets a 2027 release and premium price against $220 Echo Studios.
Airbnb credits AI for 80% jump in features shipped, will test AI search
CEO Brian Chesky says AI now writes 60% of Airbnb's code and cut concept-to-launch time by 60%, as the company finally opens AI search to testing.
Replit CEO Amjad Masad: stop learning to code, build the self-driving company
Replit tripled per-engineer code output in six months and is on track for $1B ARR, up from $2.8M in all of 2024.
Suno adds watermarks to AI-generated tracks as lawsuits mount
The AI music startup will label every output and cap downloads, betting compliance can defuse suits from Universal, Sony, and Warner.
Suno rolls out watermarking and download curbs to fight AI music spam
CEO Mikey Shulman says the company will fingerprint outputs and partner with distributors, following its Warner Music settlement.
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