Stability AI Raises $76 Million From Record Labels and EA
The three largest record labels in the world spent years suing AI companies over their catalogs. On Tuesday they put money into one. Stability AI, the London-based company best known…
OpenAI Rolls Out Ads Inside ChatGPT, Starting With India
The first banner appeared this week inside the ChatGPT app: a brand’s name and a tagline where a suggestion used to sit. OpenAI has begun selling advertising in its chatbot,…
Salesforce Shares Jump 13% on Earnings and Anthropic Tie-Up
The shares had been written off by a chorus of bears who argued that artificial intelligence would hollow out the software industry, that customers would stop paying for seats when…
Anthropic Signs $45 Billion Compute Deal With Nscale
Bloomberg first reported it, Reuters confirmed it, and by midday Thursday the figure had become the talk of the AI infrastructure world: Anthropic has agreed to lease computing power worth…
AWS Commits to Two Million More Nvidia GPUs
The announcement arrived in the middle of Nvidia Corp.’s earnings call, a few sentences from Amazon’s cloud division that rewrote the day’s narrative. Amazon Web Services will add another two…
Nvidia in Talks to Buy Hugging Face in Deal Valued Above $13 Billion
The term sheet has been circulating for weeks, and on Thursday the numbers hardened. Nvidia Corp. is in advanced talks to acquire Hugging Face, the Paris-based platform where developers download…
HP Profit Rises on Tariff Refund as PC Shipments Slip
The line item sat near the bottom of the release, easy to miss: eleven cents of HP Inc.’s adjusted earnings per share came from tariff refunds. Strip that out, and…
Nvidia Profit Doubles on AI Chips, With More Growth Pledged
The stock dropped in the first minutes after the close, then turned around and climbed. Nvidia Corp. reported revenue of $96.2 billion for the quarter ended July 26, up 106…
Apple Sets Sept. 9 Event as New CEO Ternus Takes the Stage
The invitation went out Tuesday afternoon, the familiar typography and the cryptic tagline: “Surprise and Shine,” with a date, Sept. 9, and a venue in Cupertino. For Apple Inc., it…
Bill Gates Proposes Tax on Robots and Reserved Jobs for Humans
Bill Gates returned on Aug. 26 to an idea he first floated more than a decade ago, proposing that governments tax the robots that replace human workers and create a…
