AI company CEOs are now joining investors in warning about overinflated valuations in the artificial intelligence sector. The concerns highlight growing industry unease about whether current revenue can support soaring market caps.
Elon Musk’s antitrust lawsuit against Apple and OpenAI will proceed after a US District Judge denied their motions to dismiss. The case alleges collusion to suppress AI competition on the App Store. This represents a significant early victory for Musk’s legal challenge.
Google just announced AI shopping features that go beyond comparison shopping. The most disruptive capability? The AI will actually call stores to check inventory and make purchases for users. This represents Google’s aggressive response to OpenAI’s agentic commerce ambitions.
While tech companies debate AI’s role in education, teachers are quietly adopting it at astonishing rates. A new national survey reveals teacher optimism at post-pandemic highs as they find practical uses for AI tools.
Indonesian telecommunications company Indosat Ooredoo Hutchison is teaming up with Nokia and Nvidia to establish an AI-RAN research center in Surabaya. The partnership focuses on developing AI-powered radio access networks and creating a nationwide AI Grid. This marks another significant move in Ind
Bindwell, founded by 18-year-old Tyler Rose and 19-year-old Navvye Anand, has raised $6 million in seed funding to use AI models for pesticide discovery. The startup pivoted from selling AI tools to agrochemical companies after a conversation with Paul Graham. They’re now designing new pesticide mol
Microsoft CEO Satya Nadella revealed the company has IP rights to OpenAI’s custom AI semiconductors being developed with Broadcom. The deal extends Microsoft’s exclusive rights through 2032 and includes post-AGI models. This gives Microsoft unprecedented access to OpenAI’s hardware innovations while
CoreWeave transformed from an Ethereum mining operation into a $50 billion AI infrastructure giant by leveraging creative financing and Nvidia’s backing. The company’s story exposes the complex financial engineering underpinning the AI boom. Its survival depends entirely on continued AI demand and N
Anthropic is making a massive $50 billion investment in US data centers, starting with Fluidstack sites in Texas and New York. The first facilities will come online next year, creating thousands of jobs. This comes as the AI company aims to reach profitability faster than rival OpenAI.
The Trump administration is systematically dismantling renewable energy projects while pushing fossil fuels. This comes as AI-driven data centers prepare to quadruple their electricity consumption. The collision creates massive challenges for America’s power grid.
