Business — page 8
ChatGPT captures 90% of Congress's AI spending
House offices spent $100,580 on ChatGPT across 798 transactions in the year ending March 31, with Claude a distant second at $13,160.
Fast food's AI drive-thru era arrives at 6% of US locations
Taco Bell has rolled out AI at 890 lanes, White Castle uses 'Julia' at 12% of stores, and McDonald's is back after selling McD Tech Labs to IBM.
June exits stealth with $20M from Marc Benioff's Time Ventures to fix AI deployment
Four ex-Salesforce founders raised pre-seed capital without a pitch deck to automate the messy work of getting enterprise agents to actually run.
Pippa pays artists $0.005 per image to license AI video generation
The May 2026 startup has 800 subscribers, four licensed artists, and a Spotify-style royalty pool — but still leans on scraped open models.
Sam Altman's ChatGPT parenting pitch draws sharper backlash than the post itself
The OpenAI CEO's suggestion to feed family calendars into ChatGPT Work was outperformed 13-to-1 by a four-word reply.
Reddit CEO questions Google AI Overviews as shares fall 20%
Steve Huffman told investors the search giant's AI summaries haven't delivered value comparable to traditional links, as Reddit weighs ending a $60M Google deal.
Apple's Tim Cook floats iCloud+ paywall for heavy Siri AI users
In his final earnings call, Cook signaled Siri AI upgrades will sit inside iCloud+ as Apple races to catch OpenAI, Anthropic, and Google.
Smallest.ai raises $13M to build small voice models that mimic human turn-taking
The India-founded startup is betting specialized voice models beat LLMs at real-time conversation, with RingCentral and Truecaller already on board.
Univé rolls out ChatGPT Enterprise across its workforce
The Dutch insurer leans on OpenAI's enterprise tier and employee-led experimentation to make AI a daily habit rather than a pilot.
Reddit revenue jumps 61% to $805M, but AI search rattles investors
Q2 beat Wall Street on the top and bottom line, yet the stock fell 10% after CEO Steve Huffman flagged 'choppy' search referrals.
Apple's Tim Cook hints at paid iCloud Plus tier for heavier AI usage
Cook told investors Apple will offer 'upgrade possibilities' on iCloud Plus as Siri AI arrives with iOS 27 this fall.
Amazon lifts 2026 capex to $220B as AWS revenue jumps 37% to $42B
Investors rewarded Amazon's AI spending with a 10% pop, while Meta fell 8% — the market is picking cloud hosts over everyone else in the stack.
Situational Awareness sells public book to Citadel, keeps $5B Anthropic stake
Leopold Aschenbrenner's AI hedge fund shed assets to Ken Griffin's Citadel after a rout in AI infrastructure stocks, but its private holdings remain intact.
Okta buys AI identity security startup Permiso for about $200M
The nearly all-cash deal values Permiso at more than double its April 2024 Series A mark and pushes Okta deeper into securing AI agents.
Nscale buys Anyscale for $1.65B to own more of the AI compute stack
The British neocloud adds Ray-based workload orchestration to a stack that already spans energy, data centers, and GPU capacity.
Meta says AI is letting it ship standalone apps faster, with more coming
Zuckerberg told investors LLMs are compressing product development as Threads hits 500M monthly users on the way to a targeted billion.
Dili raises $21.7M to bring AI compliance to the US infrastructure boom
The Khosla-backed startup is already running compliance on 700 construction projects, from data centers to manufacturing plants.
Shift AI pays for private chefs to film cooking as robot training data
Microagi's Shift division sends camera-hatted chefs into homes in exchange for egocentric video to train humanoid robots.
Zuckerberg tells investors billions will have personal AI agents within five years
Meta's CEO frames personal agents as the next revenue engine as Reality Labs losses hit $88B and free cash flow drops 91% year over year.
Microsoft pitches its own AI models against OpenAI and Anthropic
Satya Nadella tells enterprises to stop trusting single frontier labs, pushing MAI models and Maya chips as cheaper swaps.
Meta free cash flow collapses to $784M as capex hits $31B, stock drops 10%
Zuckerberg hints at a cloud business but says selling raw compute would be 'foolish'; full-year capex guidance now runs up to $145B.
Microsoft confirms Copilot 'super app' merging chat, code and agents this quarter
Satya Nadella says the unified Copilot will span consumer and commercial use, arriving as Microsoft posts $90B in quarterly revenue.
Zuckerberg pitches Meta as enterprise AI vendor selling APIs, agents and compute
On Meta's Q2 earnings call, Zuckerberg outlined a pay-for-results enterprise business spanning agents, APIs, compute resale and internal productivity tools.
Microsoft books $3.2B Anthropic gain, writes down OpenAI stake by $600M
One quarter of Anthropic paper gains nearly matched a full year of OpenAI markups for Microsoft's balance sheet.
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