xAI Projects $13B Revenue by 2029; Nvidia, OpenAI Build UAE Data Hub xAI projects $13B revenue by 2029, seeks $5B debt, and plans $18B data center investment. Nvidia, OpenAI, and others are building Stargate UAE, a data hub with 100,000 Nvidia chips. Figure AI plans to manufacture 100K robots and seeks $1.5B funding at $39.5B valuation. Anthropic launched Claude Gov for US defense and appointed national security expert Richard Fontaine. EleutherAI releases 8TB Common Pile v0.1 dataset of licensed and open domain text. Total 778 words · 4 mins read9 More Stories6 hours ago23
Anysphere's $900M Funding Round; Anthropic Launches Claude Gov for U.S. National Security Anysphere raised $900M, valuing the company at $9.9B with ARR exceeding $500M. Anthropic launched Claude Gov, AI models for U.S. national security, rivaling OpenAI's ChatGPT Gov. X restricts AI training on platform content, preventing use for foundation model training. Perplexity had 780M queries in May, with 20%+ MoM growth, developing Comet browser. Reddit sued Anthropic over AI data scraping, alleging over 100,000 accesses since July 2024. Total 1120 words · 5 mins read13 More StoriesYesterday, 11:55 AM16
ChatGPT Surpasses 3 Million Paying Users; AI Search Ad Spending to Hit $26B by 2029 ChatGPT hits 3M paying business users, adds meeting notes and cloud integrations. AI search ad spending projected to reach $26B by 2029 in the U.S. Amazon invests $10B in North Carolina to expand its AI infrastructure, creating 500+ jobs. Reddit, NYT, and authors sue Anthropic, OpenAI, and Meta over AI training data. AI industry trend: smaller chip groups for separate AI training tasks, says CoreWeave. Total 1116 words · 5 mins read20 More StoriesThu, 12:12 PM23
Bengio Launches AI Safety Lab with $30M; Anthropic Restricts Windsurf's Claude Access Yoshua Bengio launched LawZero, an AI safety lab, raising $30M in funding. Windsurf reports Anthropic significantly reduced their access to Claude AI models. Anthropic launched Claude Explains, a blog generated mostly by its AI model, Claude. Thunder Code, a generative AI software testing platform, secured $9M in seed funding. Google paused the rollout of its AI-powered “Ask Photos” feature due to issues. Total 889 words · 4 mins read11 More StoriesWed, 11:55 AM14
Bing integrates free AI video generator; IBM acquires Seek AI for Watsonx Microsoft Bing integrates a free AI video generator powered by OpenAI's Sora. IBM acquires Seek AI to enhance Watsonx AI Labs with natural language data queries. Character.AI faces lawsuit over chatbot's alleged encouragement of suicide. Samsung nears investment in AI search startup Perplexity for device integration. AI's energy consumption and emissions burden highlighted in new reports. Total 1071 words · 5 mins read19 More StoriesTue, 11:57 AM20
OpenAI acquires Jony Ive's io for $6.5B; AI to eliminate half of entry-level jobs OpenAI is acquiring Jony Ive's io company for nearly $6.5 billion after approval from Laurene Powell Jobs. Anthropic CEO Dario Amodei predicts AI could eliminate half of entry-level white-collar jobs. Elad Gil focuses on using AI to reinvent traditional businesses, backing companies like Enam Co. Keach Hagey's book reveals OpenAI’s structure is "not stable," giving investors pause. TechCrunch Sessions: AI on June 5th features Anthropic's Jared Kaplan and SAP leaders. Total 451 words · 2 mins read2 More StoriesMon, 11:55 AM6
Google Launches Offline AI App; Meta Automates 90% of Product Risk Assessments with AI Google launched AI Edge Gallery for Android, enabling offline AI model execution; iOS version planned. Meta will automate up to 90% of product risk assessments using AI for Instagram, WhatsApp. NAACP urges halt to xAI supercomputer Colossus operations in South Memphis due to air pollution concerns. Total 184 words · 1 min readRead DetailsSun, 11:55 AM5
DeepSeek's AI faces censorship in China; OpenAI aims for ChatGPT as a 'super assistant' DeepSeek's R1 0528 model faces censorship concerns, particularly in China. OpenAI plans for ChatGPT to become a 'super assistant' for users. Google's Gemini will automatically summarize emails for users. ChatGPT reached 800M users in 17 months; Nvidia's Blackwell GPU uses less energy. TechCrunch Sessions: AI will be held on June 5, 2025, at UC Berkeley. Total 394 words · 2 mins read2 More StoriesMay 31, 11:56 AM8
DeepSeek's R1 Model Update Tops App Charts; Nvidia Faces $8 Billion Revenue Hit from China Restrictions DeepSeek updated its R1 model (685B parameters) and topped Apple's App Store charts. Nvidia faces an $8B revenue hit in Q2 due to China restrictions. NVIDIA is developing a budget AI chip for China, priced between $6,500 and $8,000. Odyssey launched an interactive video AI model generating frames every 40ms. xAI partners with Telegram, paying $300M plus revenue share for Grok distribution. Total 1180 words · 5 mins read16 More StoriesMay 29, 11:56 AM28
Meta Splits AI Department to Rival OpenAI and Google; Humain Launches $10B VC Fund for AI Startups Meta splits AI division into consumer products and improving Llama models. Humain plans to launch a $10 billion venture capital fund for startups. Anthropic launches voice mode for Claude chatbot, powered by Claude Sonnet 4. OpenAI explores ChatGPT account sign-in for third-party apps, leveraging 600M users. WEF: 40% of employers plan staff cuts due to AI automation. Total 812 words · 4 mins read10 More StoriesMay 28, 11:56 AM15