xAI’s $6 Billion Raise: Musk’s AI Lab Valued at $40 Billion
Elon Musk’s artificial-intelligence company has a new price tag. xAI said it closed a $6 billion Series C round that values the firm at $40 billion, with Fidelity and Valor…
GPT-5’s Wider Net: OpenAI Opens Flagship Model to Free Users
The shift arrived over the weekend without a banner. Users of ChatGPT’s free tier opened the app and found a model they had never been given before: GPT-5, OpenAI’s flagship…
Arm Tops $300 Billion as SoftBank’s Bet Comes Full Circle
The number that had been building for months finally arrived on Thursday. Arm Holdings crossed the $300 billion market-capitalization threshold for the first time, closing in on its highest valuation…
AMD Ships Its First 2-Nanometer Server Chip, Made by TSMC
The chip that will power the next generation of cloud servers went into mass production this week in Taiwan. AMD said Thursday that its next-generation EPYC processor, code-named Venice, has…
Moonshot AI Unwinds Its Offshore Structure to Chase a Hong Kong IPO
The holding company is coming down. Moonshot AI, the Chinese artificial-intelligence startup behind the Kimi assistant, has notified shareholders that it plans to dismantle its variable-interest-entity and red-chip structure, according…
Google’s Glasses Strategy: Let the Fashion Brands Lead
The first time Google made smart glasses, it put a screen in front of the wearer’s eye and called it a computer. The product failed, and the lesson the company…
OpenAI’s First-Quarter Revenue Hits $5.7 Billion
The number circulating through the AI industry this week: OpenAI generated roughly $5.7 billion in revenue in the first quarter of 2026, according to The Information, citing two people with…
Anthropic Eyes Microsoft’s Chips to Ease Its Compute Crunch
Anthropic, the lab behind the Claude models, is in talks to rent servers powered by Microsoft’s in-house AI chips, according to two people who spoke with executives involved in the…
A Founding Member of OpenAI Joins Anthropic
The post was one sentence long and took an hour to reach nearly three million views. “Personal update: I’ve joined Anthropic,” Andrej Karpathy wrote on X this week, ending months…
Spotify and Universal Music Bet Fans Will Pay to Remix
The demo is easy to imagine: a fan takes a favorite song, changes the tempo, adds a beat, and the result — a cover or a remix made with AI…
