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Divide grows between AI employees and executives over policy battles
Tech employees clash with executives over light-touch AI regulation; OpenAI staff and co-founder Greg Brockman spar over political spending.
aipoliticalbusinessElon Musk Admits He Underestimated Anthropic's AI, and Amazon and Alphabet Investors Should Take Notice
Elon Musk admits he underestimated Anthropic's AI, a development that Amazon and Alphabet investors should take notice of.
aitechbusinessMeta’s fast-tracked gas plants in Ohio spotlight the hidden energy cost of AI
Meta's fast-tracked gas plants in Ohio spotlight the hidden energy cost of AI
aitechbusinessengineeringYesterday13
Meta, Anthropic drop bombshell news on AI market
aitechbusinessOpenAI vs Anthropic in Enterprise AI
aibusinessMark Zuckerberg's Meta Is Putting Its In-House Iris AI Chip Into Production in September as Part of a Plan to Double Its Computing Capacity to 14 Gigawatts
Meta is putting its in-house Iris AI chip into production in September, part of a plan to double its computing capacity to 14 gigawatts.
aitechengineeringbusinessMeta and Anthropic Discuss $10B AI Infrastructure Agreement
Meta and Anthropic discuss $10B AI infrastructure agreement.
aitechfundingbusinessOpenAI pushes new yardstick for measuring AI investments
aibusinessfundingDatabricks hits $188B valuation, extending its run as AI’s favorite second act
Databricks hits $188B valuation, has remade its image into an AI company and published research on cost savings of open weight AI models for coding.
aitechfundingbusinessJobs in occupations most exposed to AI increased by 4%: Chicago Fed
Jobs in occupations most exposed to AI increased by 4%, according to Chicago Fed.
aibusinesschicagoresearchNuclear startup Valar Atomics in talks to raise new funding at $6B valuation
Nuclear startup Valar Atomics in talks to raise new funding at $6B valuation, amid trend of multi-stage rounds masking true entry prices.
fundingtechbusiness> be Meta > spends 145 billion on AI this year > pays 14.3 billion for one hire from Scale AI > renames the
Meta spends $145B on AI, pays $14.3B for one Scale AI hire, renames AI division Superintelligence Labs, signs $100B AMD chip deal, $27B Blue Owl data center deal; Reality Labs lost $90B+@k1rallikaitechfundingbusiness
DAILY SITUATION RECAP: TSMC raises its outlook. The semiconductor manufacturing giant expects to spend $60-64 billion a
TSMC raises outlook: expects $60-64B annual capex, projects 40%+ YoY revenue growth, reported 77.4% increase in quarterly net income.@MTSlivebusinesstechengineering
AI Companies Are Funding the AGs Investigating Them
OpenAI, Google, Meta and others donated to both parties' attorney general groups as AGs move to regulate AI. xAI also contributed.
aipoliticalfundingbusinessThis week24
AI Contracting: Key Takeaways from Loeb’s AI Summit in Chicago
Key takeaways on AI contracting from Loeb & Loeb's AI Summit held in Chicago
aichicagoeventsbusinessAnthropic is in talks to lease AI computing power from Meta in a $10 billion deal
aitechfundingbusinessExclusive: OpenAI's CFO pitches a new way to measure AI's value
OpenAI's CFO pitches a new way to measure AI's value
aibusinessWhy the first GPU financiers are turning to inference chips in a $400 million deal
A $400 million chip-backed loan signals the next wave of AI infrastructure deals as GPU financiers turn to inference chips.
aitechfundingbusinessAI Is Becoming a Commodity, and That’s a Problem for OpenAI and Anthropic
AI is becoming a commodity, posing a problem for OpenAI and Anthropic, according to WSJ.
aitechbusinessFIS And Anthropic Expand Partnership To Apply Frontier AI To Financial Infrastructure Security
FIS and Anthropic expand partnership to apply frontier AI to financial infrastructure security.
aitechbusinessThe Social Skinny: Apple sues OpenAI and New York imposes AI data center moratorium
Apple sues OpenAI and New York imposes AI data center moratorium, per The Social Skinny roundup.
aitechpoliticalbusinessSoftBank sinks 8% as Asia chip stocks track Wall Street AI sell-off
aitechbusinesssignalsNetflix says around 300 titles used generative AI
Netflix says roughly 300 titles used generative AI, mostly in post-production, per its Q2 earnings report released Thursday.
aitechbusinessIdentity security market sees startup funding, M&A and channel expansion
Identity security market sees startup funding, M&A and channel expansion, per Biometric Update.
fundingbusinesstech'The AI bubble is an OpenAI bubble:' Ed Zitron says the ChatGPT maker is the Lehman Brothers of AI
Ed Zitron says the AI bubble is an OpenAI bubble, calling the ChatGPT maker the Lehman Brothers of AI.
aibusinessOpenAI employees pour nearly $250K into AI safety PAC, pushing back on firm's president
OpenAI employees contributed over $245,000 to Guardrails Alliance, a super PAC countering Leading the Future, funded partly by OpenAI President Greg Brockman.
aipoliticalbusinessfundingAI-powered travel agency Fora hits unicorn status, raises $60M
Travel agency Fora raised a $60 million Series D led by Forerunner and Tactile Ventures, valuing the company at $1 billion.
aifundingbusinessSheryl Sandberg leads $10 million investment in AI-powered vehicle inspection service
Sheryl Sandberg leads $10 million investment in AI-powered vehicle inspection startup, founded in 2021, using smartphones to scan and spot vehicle damage.
aitechfundingbusinessTeraWulf’s $19B Anthropic Lease Puts Its Brownfield AI Strategy to the Test
TeraWulf's $19B Anthropic lease puts its brownfield AI strategy to the test
aibusinessfunding2 local startups captured 75% of Pittsburgh’s $70M in venture funding for Q2
2 local startups captured 75% of Pittsburgh's $70M in venture funding for Q2
fundingtechbusinessExclusive: Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket
Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket
fundingtechbusinessChina And AI Lead Asia’s Startup Funding To Multiyear Peak In Q2
China and AI led Asia's startup funding to a multiyear peak in Q2
aifundingbusiness