Companies
Coinbase Cuts 14% of Jobs as AI Drives Tech Industry Layoffs
Coinbase cut 14% of its workforce citing AI acceleration needs, joining a tech industry trend of…
Category: Companies
Funding, deals, leadership shifts, and strategy from the companies building the AI stack.
OpenAI
Anthropic Eyes $900B Valuation in $50B Round Within Two
Anthropic seeks $50 billion at a $900 billion valuation within two weeks, surpassing OpenAI. Legal AI…
OpenAI
OpenAI GPT-5.5 and DeepSeek V4 Lead Major AI Model Release Week
OpenAI launched GPT-5.5, retaking the lead in AI benchmarks, while DeepSeek unveiled V4 with enhanced context…
OpenAI
AI Reasoning Models Drive 10x Higher Compute Costs in Production
Advanced AI reasoning models like OpenAI's o1 and xAI's Grok 4.3 are driving 10x higher compute…
OpenAI
Anthropic Targets $900B Valuation in $50B Round Within Two Weeks
Anthropic is raising $50 billion at a $900 billion valuation within two weeks, surpassing OpenAI's $852…
OpenAI
Musk vs OpenAI Trial Begins with $134B Damages Claim
Elon Musk and Sam Altman face off in a high-stakes trial that began April 27th, with…
NVIDIA
NVIDIA Nemotron 3 Nano Omni Delivers 9x Efficiency Gains
NVIDIA launched Nemotron 3 Nano Omni, an open multimodal model that unifies vision, audio, and language…
OpenAI
OpenAI Boosts Codex Limits 10x for 8,000 Developers After Party
OpenAI gave 8,000 developers a 10x Codex rate limit boost through June after overwhelming demand for…
Google
IBM MAMMAL Model Beats AlphaFold 3 on Biological Benchmarks
IBM's MAMMAL model outperformed AlphaFold 3 on 9 of 11 biological benchmarks by integrating protein, molecular,…
Google
Google Employees Demand Sundar Pichai Block Pentagon AI Use
Over 600 Google employees, including DeepMind researchers and senior executives, signed a letter demanding CEO Sundar…
OpenAI
DeepSeek-V4 Achieves Near State-of-Art AI Reasoning at 1/6th Cost
DeepSeek-V4 delivers frontier-class AI reasoning at one-sixth the cost of competing systems, while new training methods…
OpenAI
OpenAI Ends Microsoft Exclusive Deal
OpenAI and Microsoft ended their exclusive partnership Monday, allowing OpenAI to license technology to competing cloud…