Company news, funding rounds, strategy, and the organisations driving AI development.
OpenAI CEO Altman is now "pretty sure" AI is net job-creating, which is quite the pivot from predicting mass layoffs
Sam Altman has reversed course on AI's employment impact. The OpenAI CEO now claims he's "pretty sure" artificial intelligence has created more jobs t…
The Download: your stake in OpenAI, and the Treasury’s AI warning
Sam Altman is reviving his proposal to distribute AI-generated wealth directly to American citizens, with reports indicating he's in discussions about…
How to shrink the token budget without shrinking the team
Jensen Huang has introduced a metric for engineering productivity that ties token consumption directly to salary. Speaking at GTC 2026, the Nvidia CEO…
Apple sues OpenAI over alleged trade secret theft
Apple filed a lawsuit against OpenAI, accusing the company of stealing trade secrets and misappropriating confidential information. The complaint alle…
SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
SK Hynix's $26.5 billion initial public offering marks the largest foreign IPO ever listed on U.S. exchanges, cementing the South Korean memory chip m…
Apple sues OpenAI for allegedly stealing hardware secrets
Apple filed a lawsuit against OpenAI, claiming the AI company's engineers stole proprietary hardware secrets while working at Apple. The complaint all…
Tencent moves to buy majority stake in Manus after Beijing forced Meta to unwind its $2 billion deal
Tencent is acquiring a majority stake in Manus, an AI agent startup, at a $2 billion valuation. The Chinese tech giant moved after Beijing blocked Met…
AI Weekly Issue #499: Microsoft proves it doesn't need OpenAI; Alphabet raises $85B
Microsoft demonstrated operational independence from OpenAI at its developer conference, signaling the tech giant no longer relies exclusively on its …
What You Bring to AI Determines the Result
Harper Carroll spotted a critical gap in AI literacy. Most people working with open source models had no idea how to fine-tune them. Her path to this …
New York Times says OpenAI hid evidence in ChatGPT copyright trial
The New York Times and other news publishers escalated their copyright lawsuit against OpenAI by filing a motion for sanctions, alleging the company c…
Paris-based AI voice startup Gradium raises $100M seed, backed by Nvidia
Gradium, a Paris-based AI voice technology startup, has closed a $100 million seed round backed by Nvidia, according to TechCrunch AI. The funding rep…
Fidji Simo steps down from OpenAI’s no. 2 role
Fidji Simo, OpenAI's president and second-in-command, is leaving her full-time position after extended medical leave. The departure creates a leadersh…
Elon Musk praises Mythos/Fable, promises not to ‘cut off’ Anthropic
Elon Musk has publicly reassured Anthropic that he will not interfere with the AI company's operations if it uses his xAI infrastructure to host its m…
Patch for Windows Defender 0-day could allow attackers to fill hard disk
Microsoft has patched a zero-day vulnerability in Windows Defender that could allow attackers to exhaust disk space and potentially disable the antivi…
Microsoft’s carbon emissions went up 25 percent last year
Microsoft's carbon emissions jumped 25 percent in 2025, reaching 34 million metric tons without accounting for select interventions, according to the …
Fidji Simo steps down from leading OpenAI’s AGI work due to illness
Fidji Simo has stepped down from her full-time role leading OpenAI's artificial general intelligence (AGI) efforts, transitioning instead to a part-ti…
OpenAI's AI beats every human at AtCoder, a top competitive programming contest
OpenAI's AI system defeated all human competitors at the AtCoder World Tour Finals 2026, solving all five Algorithm Division problems in an exhibition…
The Download: a nuclear landmark, and China eyes Nvidia chips
# The Download: Nuclear Power Reaches New Milestone, China Pursues Nvidia Alternatives The United States hit a significant nuclear energy landmark th…
Nvidia is a victim of the compute marketplace it created
Nvidia faces an unexpected problem born from its own dominance. The chip giant's stock has dropped 15 percent since May despite sustained revenue grow…
Anthropic, OpenAI, and SpaceX are bigger than the last 25 years of tech exits
Anthropic, OpenAI, and SpaceX stand poised to create more economic value through initial public offerings than the combined total of all U.S. venture …
AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
SambaNova closed a $1 billion funding round at an $11 billion valuation, according to sources familiar with the matter. The raise comes just five mont…
Lovable reportedly in talks to double its valuation to $13.2B
Lovable, an AI coding assistant startup, is in advanced discussions to raise $300 million in funding that would value the company at $13.2 billion, ac…
This startup thinks robotics is about to have its ChatGPT moment
General Intuition is wagering that video game data holds the key to unlocking a breakthrough in robotics. The startup believes foundation models train…
Meta is reportedly working on smart glasses that would be recording all the time
Meta is developing prototype smart glasses with continuous recording capabilities. The device would capture audio and take photos every few seconds, a…
Microsoft’s Xbox reset is pivoting Obsidian to make Fallout instead of Avowed
Microsoft's gaming strategy overhaul is redirecting Obsidian Entertainment away from its planned Avowed fantasy RPG toward a new Fallout title instead…