269 articles · page 1 of 23 · showing 1 to 12
OpenAI has reportedly secured $11 billion in the first portion of a new funding round valuing the company at $1.25 trillion. The financing could reach $20 billion, below its earlier $30 billion target, as investors reassess AI valuations and infrastructure…
New Ramp data shows corporate AI token spending barely increased across August and September despite growing usage. Falling model prices and tighter business budgets are raising questions…
Anthropic has introduced Personal Finance for Claude, allowing U.S. subscribers to connect bank and credit card accounts through Plaid. The AI assistant can analyze spending, identify…
OpenAI President Greg Brockman says the company could be ready to go public in 2027. He reported 70% quarterly growth in annualized revenue during the third quarter, with enterprise…
Anthropic’s third-quarter revenue climbed to nearly $17 billion, but computing expenses rose faster and consumed 58% of sales. The AI company disclosed higher infrastructure costs in an…
Anthropic has updated Claude Code’s instructions to discourage recreations of existing video games. The change targets potential intellectual property infringement while preserving support…
Anthropic has warned that future AI models may soon accelerate its research and development beyond existing safety measures. Its updated IPO filing says no current Claude model has crossed…
The New York Times has sued Brave, alleging the browser company copied copyrighted journalism and distributed it to AI companies without permission. Three other newspapers filed a separate…
Anthropic reported $16.96 billion in third-quarter revenue as its net loss narrowed to $23.29 billion. The AI developer’s upcoming public offering faces scrutiny over rising infrastructure…
Anthropic plans to offer up to $3.5 billion in shares to Japanese investors as part of its proposed U.S. IPO. A filing outlines how it will use the proceeds but does not disclose the IPO’s…
OpenAI has reportedly reduced its fundraising target from $30 billion to $20 billion ahead of a potential IPO. The company has secured approximately $11 billion in investor commitments as…
OpenAI and Anthropic say their AI models have developed algorithms challenging the long-standing Exponential Time Hypothesis. Computer scientists are reviewing the proofs, which could…
