OpenAI’s Safety Team Disbanded, Company Says It Was a Reorganization
The Financial Times reported on Aug. 16 that OpenAI disbanded its Preparedness team, the unit charged with assessing catastrophic risks from AI models, at the end of July, folding its…
Meta’s Off-Balance-Sheet AI Obligations Reach $420 Billion, Auditor Flags
Buried in Meta Platforms’ audited financials is a number that does not appear on the balance sheet: roughly $420 billion in AI-related obligations, according to an analysis by the Wall…
Anthropic’s Annualized Revenue Tops $65 Billion as IPO Approaches
In routine investor briefings in late July, executives at Anthropic shared a number that would have seemed implausible two years ago: the company’s annualized revenue had crossed $65 billion, according…
Apple Concedes Ground on App Store as Regulators Chip Away at Services
The admission arrived inside the dense language of a securities filing, easy to miss and hard to overstate. Apple, for the first time, told investors that regulatory changes have forced…
Wispr Raises $280 Million as Voice Becomes AI’s Next Interface
SAN FRANCISCO — The pitch to investors was short: keyboards are a bottleneck. Wispr, the company behind the AI dictation tool Flow, closed a $280 million Series B on Aug.…
European Central Bank Warns an AI Market Correction Is Coming
FRANKFURT — The blog post was written in the careful, hedged language of central bankers, but its message was direct: the market for AI assets has gotten ahead of itself,…
xAI Pushes Grok Into GitHub Copilot While Deepfake Suits Mount
SAN FRANCISCO — Two days after releasing Grok 4.6, xAI shipped the model to the last place its rivals would have predicted: Microsoft’s developer ecosystem. On Aug. 14, Grok 4.6…
A 25-Year-Old Dropout Becomes Europe’s Youngest Self-Made Billionaire
LONDON — James Dacombe left school at 16, started his first company while his classmates were sitting exams, and now, at 25, he has a net worth that would make…
Claude Outage Hits Anthropic for 36 Minutes in IPO Run-Up
SAN FRANCISCO — For about half an hour on Sunday, one of the most valuable private companies in technology could not get its own product to work. Anthropic’s Claude service…
SanDisk’s 80 Percent Margin Target Puts Memory Peers in the Spotlight
NEW YORK — SanDisk’s chief executive stood before analysts on Aug. 13 and laid out a future most memory makers would have considered fantasy two years ago: adjusted gross margins…
