Tag: AI industry
AI labs turn to dead startups for training data
A new industry is brokering the code, chats, and documents of shuttered companies to labs that have exhausted…
OpenAI tells investors its annualized revenue is near $50B
OpenAI has revised its annualized revenue down by roughly $20B from figures circulated to investors, according to a…
OpenAI chases $30B from private investors ahead of a listing
Bloomberg reports a pre-IPO bridge round that would value the ChatGPT maker near $1.4T.
Anthropic founders seek super-voting shares ahead of public listing
Dario Amodei and his six co-founders want a share class worth 50.1 percent of votes before Anthropic starts…
Anthropic’s record listing draws Nvidia as a $10B anchor backer
Nvidia is in talks to take up to $10B of shares in Anthropic's coming listing, a deal that…
OpenAI’s data center chief exits as exec exodus passes 13
Chris Malone's departure adds to a year of senior departures as the IPO slips to 2027.
Labeling startup Micro1 quintuples revenue as data demand soars
The four-year-old data labeling startup grew gross revenue fivefold in eight months as labs hoover up unique training…
Brad Lightcap wraps an eight-year OpenAI run to found a new venture
One of OpenAI's longest-serving executives is heading out the door after eight years.
OpenAI buys back $7B of employee stock at $852B value
The lab repurchased $7B in staff shares, matching its March valuation of $852B.
Spotify badges AI Persona artists and bars them from picks
AI-generated artist identities get badges and lose default placement across Spotify.
Dean and Vinyals bolt Google for new AI startup Discovery Loop
Demis Hassabis hands DeepMind's daily command to Koray Kavukcuoglu as Jeff Dean and three fellow researchers leave to…
Jensen Huang’s debut X post rallies Nvidia and Microsoft for open AI models
The Nvidia CEO warned Washington not to repeat the open-source software restrictions of the 1980s in an open…