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31 articles
Groq raises $650 million following Nvidia's $20 billion acquisition of its engineers and technology, signaling resilience in the face of industry consolidation.
Anthropic is nearing its first profitable quarter, marking a significant milestone as the first AI lab to achieve profitability. The company's success is driven by strong demand for its coding tools and agentic Claude platform.
Anthropic has agreed to pay xAI $1.25 billion per month for computing resources, marking one of the largest compute deals in AI history. The arrangement underscores the critical importance of high-performance computing in advancing AI research.
OpenAI is preparing to confidentially file for an IPO, taking the lead in the race to go public, while prediction markets suggest Anthropic may have lost ground.
Elon Musk's lawsuit against Sam Altman and OpenAI has been dismissed after a unanimous jury verdict that his claims were filed too late. The case highlights the legal complexities of navigating corporate disputes in the AI industry.
A federal judge in San Francisco has delayed approval of Anthropic's $1.5 billion settlement with authors, citing the need for more clarity on legal fees and lead-plaintiff payments.
Nvidia's CUDA software platform has become a critical competitive advantage, creating a formidable barrier that rivals traditional hardware superiority in the AI industry.
OpenAI's internal share sale in October 2025 raised $6.6 billion, with 75 employees cashing out the $30 million cap each, highlighting the immense wealth generated by the AI industry.
Elon Musk testifies that xAI trained Grok on OpenAI models, sparking debate over model distillation practices in the AI industry.
The legal battle between Elon Musk and Sam Altman at OpenAI extends far beyond their personal rivalry, potentially reshaping the AI industry's future.
OpenAI dismissed a report on missed growth targets as clickbait, but investors reacted with a significant financial backlash, shedding billions in market value.
OpenAI has resolved its legal dispute with Microsoft, allowing it to sell products on AWS while securing a revenue-sharing deal with the tech giant.
