OpenAI Slashes GPT-5.6 Prices in Push for Corporate Customers
OpenAI cut prices on its GPT-5.6 line of models Thursday, reducing the cost of its Luna model by 80% and its Terra model by 20%, the company said. The cuts…
NVIDIA Nears Deal to Back $500 Billion in OpenAI Data Centers
NVIDIA Corp. is in talks to provide financing guarantees for OpenAI’s roughly $500 billion data center program, with the chip maker potentially backing as much as $250 billion of the…
Meta Discloses $700 Billion in Spending Commitments as Shares Slide
Meta Platforms Inc. disclosed Wednesday that it has committed nearly $700 billion in future spending on AI data centers, cloud computing and related infrastructure, a figure that did nothing to…
A 24-Year-Old’s AI Fund Unwinds After July’s Selloff
The hedge fund that made Leopold Aschenbrenner the most famous 24-year-old in artificial intelligence has sold most of its public stock positions to Citadel, according to people familiar with the…
Tesla and SpaceX Merger Talk Returns, With a China Twist
Reports that Tesla Inc. was weighing a spinoff of its China business to clear the way for a merger with SpaceX pushed the company’s shares around this week, until Elon…
Chip Prices Climb Across the Board as Memory Shortage Spreads
Qualcomm Inc. told customers it will raise prices on its Snapdragon processors by double digits starting September 1, according to people familiar with the matter, joining a wave of increases…
EU AI Act Takes Effect as Chatbots Must Declare Themselves
From Sunday, chatbots operating in the European Union must tell users they are machines. The European Commission announced Thursday that it and member states will begin enforcing the AI Act…
German Court Rules Suno Infringed Copyright in Music Training
A Munich court ruled Friday that the AI music company Suno infringed copyright by training its models on songs from the repertoire of GEMA, Germany’s music rights collective, and ordered…
AI Cloud Firm Nscale Prepares for a Fall IPO
Nscale, the London-based company that rents out AI computing power, is pushing ahead with plans for a public listing, holding meetings with potential investors and preparing to present its case…
Google Cloud’s Francis deSouza to Run Scale AI
Francis deSouza, the chief operating officer of Google Cloud and the president of its security products division, will become the chief executive of Scale AI on August 10, the company…
