Microsoft unveils a new family of AI coding models at its Build developer conference, aiming to reclaim market leadership in AI-assisted coding and reduce its dependence on OpenAI as competition from Anthropic, OpenAI's Codex, and Cursor intensifies.
Anthropic surpasses OpenAI in valuation after raising $65 billion in a Series H round at a staggering $965 billion post-money valuation, backed by Sequoia Capital and tech giants Samsung and Micron, as the AI powerhouse reports $47 billion in run rate revenue and eyes a potential IPO.
Asana acquires no-code AI startup StackAI for $75 million, bringing on its founders and technology to supercharge its push toward becoming a fully AI-native workplace platform capable of automating complex business processes end-to-end.
OpenAI commits $250 million to help workers and the economy adapt to AI disruption, funding retraining programs, independent research, and long-term strategies to equitably distribute AI-generated wealth — a move that serves both public goodwill and the company's bottom line.
Meta slashes nearly 1,400 Washington state jobs starting July 22, hitting Bellevue hardest with 699 cuts, as CEO Mark Zuckerberg aggressively restructures the company around artificial intelligence amid fierce competition with OpenAI, Microsoft, and Google.
Mistral launches 'Mistral for Industrial Engineering,' a fully integrated AI stack with robotics capabilities, backed by Airbus and BMW partnerships and the acquisition of Austrian startup Emmi AI, targeting design, production, and quality inspection use cases within sovereign enterprise infrastructure.
Elite researchers from Google DeepMind, Apple, OpenAI, and Meta launch Trajectory, a bold new AI startup designed to help companies build self-improving AI products by training models on real-world user interactions.
Pony AI surges 145% in Q1 revenue to $34.3 million, crushing analyst estimates, while raising its 2026 robotaxi fleet target to 3,500 vehicles — even as operating losses widen to $58.3 million.
Nvidia CEO Jensen Huang pushes back hard on fears that AI is killing jobs, calling the narrative 'lazy' and 'irresponsible,' and predicts the workforce will actually grow in five years as AI-driven productivity fuels company expansion — but warns workers who refuse to learn AI risk being left behind by …
DeepSeek slashes V4 Pro prices by 75% to $0.87 per million output tokens, dramatically undercutting rivals like GPT-5 and Claude Opus 4.7, igniting an AI price war while geopolitical tensions and accusations of unauthorized training data theft from Anthropic continue to cloud the Chinese AI company's rapid market expansion.