Most new business owners don’t set out to mix their personal and business finances. It happens through small decisions. One card is closer than the other at the register. A client pays into the wrong account because that’s the number […]
Goldman Sachs, Bank of America, Citi, Deutsche Bank and 17 other financial institutions are joining forces to launch a U.S. dollar stablecoin in the first half of 2027, setting up one of traditional finance’s most serious attempts yet to move […]
AI agent startup Manus is officially independent again, closing an extraordinary chapter in which Meta bought the company for roughly $2 billion, began integrating its technology, and then dismantled the deal after Chinese regulators ordered the transaction reversed. The Singapore-based […]
America’s AI data center boom has produced a staggering new number: more than 700 gigawatts of electricity requests across parts of the United States, roughly enough to supply every home in the country. There’s just one problem. Nobody knows how […]
Apple says a former senior engineer didn’t just take confidential information after leaving the iPhone maker for OpenAI. The company now alleges he used a proprietary Apple circuit schematic in his new job and trained an AI agent to perform […]
OpenAI’s bet on advertising is paying off far sooner than many expected. ChatGPT Ads has reached a $1 billion annualized revenue run rate in less than 200 days after launch, giving the AI giant another major revenue stream as it […]
Adobe is making one of its biggest AI distribution bets yet, offering more than 27 million people in Saudi Arabia a year of free access to its generative AI tools as part of an expanded partnership valued at more than […]
OpenAI is cutting off Cursor’s direct access to its AI models after Elon Musk’s SpaceX acquired the AI coding startup, setting up another flashpoint in the years-long feud between Musk and OpenAI CEO Sam Altman. The proposed cutoff date is […]
Anthropic is considering letting existing shareholders sell some of their stock in its upcoming initial public offering, an unusual move that could let employees and early investors cash in before facing tighter restrictions on future sales. The AI startup is […]
DeepSeek is nearing a massive new funding round that could bring in about 50 billion yuan, or $7.4 billion, valuing the Chinese AI startup at roughly $74 billion before the investment, according to reports from the Wall Street Journal and […]
Anthropic is giving AI agents a way to reach beyond screens and software and start operating machines in the physical world. The Claude maker on Thursday unveiled the Model Hardware Standard (MHS), a new specification that lets AI agents communicate […]
Identity verification startup Socure has landed a new strategic growth investment valuing the identity verification company at $5.2 billion and acquired Fravity, an AI startup that automates fraud, risk, and compliance work. The two deals arrive as financial institutions and […]
SoftBank is in talks to buy a majority stake in OpenAI-backed humanoid robotics startup 1X Technologies in a deal that would value the company at roughly $6 billion, according to an exclusive report from The Information. The talks are still […]
China’s Moonshot AI is negotiating with Microsoft, Amazon, and Google over deals that could put its Kimi K3 model inside America’s biggest cloud platforms, creating an unusual collision between Washington’s AI restrictions and the economics of selling AI. The Beijing-based […]
Transfyr has launched with $25 million in seed funding to tackle a problem that AI models trained on mountains of scientific literature still cannot see: much of what makes an experiment work never makes it into the scientific record. General […]
Amazon is shutting down Mechanical Turk, ending a 21-year experiment in crowdsourced digital labor that once put humans behind tasks computers could not handle. The timing carries a certain irony: artificial intelligence is getting better at many of the jobs […]
You’re probably used to a Saturday afternoon withdrawal request routinely disappearing into the bank’s black hole: beyond the event horizon are processing days, security clearance, and you eternally searching for that plastic card-reader device you haven’t seen since 2019. These […]
Alice has raised $140 million to tackle a problem that gets harder as AI systems gain more autonomy: keeping models and agents from doing things their developers never intended. The New York and Tel Aviv-based AI security startup announced the […]
Accelerated Understanding says its neural-operator AI processed 5 trillion data points in a single prompt, roughly 5 million times the typical context size of flagship models from Google and Anthropic. Two AI researchers once courted to help lead Jeff Bezos-backed […]
Fasset has raised $68 million in Series C funding at a $1 billion valuation, pushing the stablecoin neobanking startup into unicorn territory just months after closing its previous round. Japan’s SBI Group led the financing. The deal follows Fasset’s $51 […]
