Business - News Articles

Menlo Ventures Raises $3 Billion for AI-Focused Funds as Anthropic Bet Soars to $14 Billion

Jun 24, 2026

Bloomberg.com

Menlo Ventures raises a record $3 billion for AI-focused funds as its $1 billion bet on Anthropic skyrockets to nearly $14 billion in value, fueling the firm's ambitions to make even bigger investments in AI startups.

Funding Business

Google DeepMind Invests $75 Million in A24 to Develop AI Filmmaking Tools in Landmark Hollywood Partnership

Jun 23, 2026

TechCrunch

Google DeepMind invests $75 million in indie film studio A24 in a landmark partnership to develop AI filmmaking tools, as Hollywood's AI race intensifies with Netflix and Amazon also making major moves to integrate artificial intelligence into film production.

Entertainment Funding Image & Video Business

Google Invests $75 Million in A24 to Develop AI Tools for Filmmakers

Jun 23, 2026

Yahoo Finance

Google is investing $75 million in acclaimed studio A24 to develop AI-powered filmmaking tools through a partnership with Google DeepMind, marking a major push into Hollywood as tech giants race to reshape how films are created.

Entertainment Image & Video Funding Business

Google DeepMind and A24 Partner to Merge AI Innovation with Filmmaking in Groundbreaking Creative Collaboration

Jun 23, 2026

Google

Google DeepMind and A24 are joining forces in a groundbreaking research partnership that embeds cutting-edge AI directly into the filmmaking process, with Google also making a financial investment in the acclaimed studio.

Entertainment Image & Video Business Research

Nobel Prize Winner John Jumper Leaves Google DeepMind for AI Rival Anthropic

Jun 22, 2026

TechCrunch

Nobel Prize-winning chemist John Jumper departs Google DeepMind after nearly nine years, joining AI rival Anthropic in a high-profile move that signals growing talent competition among leading artificial intelligence companies.

Labor & Jobs Business Science

OpenAI's Enterprise AI Sales Head Barret Zoph Departs After Just Five Months

Jun 22, 2026

The Verge

OpenAI's enterprise AI sales head Barret Zoph is departing after just five months, dealing a blow to the company's critical revenue push ahead of its planned IPO — his return in January had already followed a controversial exit from a rival AI startup over alleged misconduct.

Business Enterprise Labor & Jobs

Anduril Expands Into Israel, Recruiting Local Talent and Signing Deals With Defense Startups

Jun 22, 2026

ctech

Anduril, the $61 billion defense startup founded by Palmer Luckey, is expanding into Israel, recruiting local talent, signing deals with Israeli defense firms, and eyeing investments and acquisitions within the country's booming military innovation ecosystem.

Defense & Warfare Geopolitics Business

LeCun Slams Musk's xAI as a 'Failure' and Warns OpenAI, Anthropic Face 'Big Bubble Explosion'

Jun 19, 2026

CNBC

AI pioneer Yann LeCun declares Elon Musk's xAI a 'failure' and warns OpenAI and Anthropic are heading toward a 'big bubble explosion' as AI service costs far outpace user payments, while his own $3.5 billion startup bets on 'world models' as the future of AI.

Funding Business Foundation Models

OpenAI Rolls Out Credit Analytics and Spend Controls for ChatGPT Enterprise Admins

Jun 19, 2026

OpenAI

OpenAI rolls out new credit analytics and spend controls for ChatGPT Enterprise, giving admins real-time visibility into usage across users and models, plus flexible tools to set workspace, group, and individual spending limits directly in the Global Admin Console.

Enterprise Business

Former White House AI Adviser Joins OpenAI to Lead New Strategic Futures Team

Jun 19, 2026

Axios

Former White House AI adviser Dean Ball joins OpenAI to lead a new Strategic Futures team, bringing government expertise to shape the company's frontier AI policy and internal governance.

AI Safety Regulation Business