Business - News Articles

OpenAI Collaborates with Broadcom on Custom AI Chips for 2024 Launch

Sep 08, 2025

Ars Technica

OpenAI collaborates with Broadcom on custom AI chips scheduled for launch in 2024, aiming to meet soaring computing demands and reduce reliance on Nvidia while utilizing the chips internally rather than selling them to customers.

Hardware Business

OpenAI Projects $115 Billion Cash Burn by 2029, Soaring Costs Drive Chip Development

Sep 08, 2025

CNBC

OpenAI projects a staggering $115 billion cash burn by 2029, $80 billion higher than earlier estimates, as soaring costs drive the AI giant to develop its own chips and data centers to power its cutting-edge technology.

Funding Hardware Data Centers Business

xAI Faces Exodus: CFO, Lawyers, Co-founder Exit After $10B Raise and Chatbot Concerns

Sep 05, 2025

TechCrunch

xAI faces an exodus as CFO Mike Liberatore, general counsel Robert Keele, senior lawyer Raghu Rao, co-founder Igor Babuschkin, and former X CEO Linda Yaccarino resign after a $10 billion fundraise and concerns over xAI's chatbot Grok.

Business Funding

Atlassian Unveils Dia, AI-Powered Browser for Knowledge Workers, Acquires The Browser Company

Sep 05, 2025

Work Life by Atlassian

Atlassian acquires The Browser Company to launch Dia, an AI-powered browser tailored for knowledge workers, enhancing SaaS app experience with contextual work data and AI assistance, merging Atlassian's collaboration prowess with The Browser Company's browser expertise.

Enterprise Business Consumer Products

Google Removes Net-Zero Pledge, Energy Use Surges 26% Amid AI Boom

Sep 04, 2025

Canada's National Observer

In a controversial move, Google removes its net-zero emissions pledge as the tech giant's energy usage surges 26% this year, driven by the AI boom, raising concerns about Big Tech's ability to meet climate goals amidst skyrocketing energy demands.

Climate & Environment Energy Data Centers Business

Amazon Joins Forces with Anthropic for Massive AI Training, Trainium Powers Anthropic's GenAI Dominance

Sep 03, 2025

SemiAnalysis

In a groundbreaking alliance, Amazon teams up with Anthropic, providing multi-gigawatt Trainium-powered infrastructure for training GenAI models, propelling Anthropic's dominance with a fivefold revenue surge to $5B annualized, outperforming rivals through scaling laws optimization.

Funding Hardware Foundation Models Business

OpenAI Snaps Up Statsig for $1.1 Billion, Vijaye Raji Named CTO of Applications

Sep 03, 2025

GeekWire

OpenAI snaps up Statsig for $1.1 billion in an all-stock deal, with Statsig CEO Vijaye Raji becoming OpenAI's new CTO of Applications while Statsig continues operating independently.

Business Funding

Rippling Accuses Rival Deel of Corporate Espionage, Files Lawsuit

Sep 02, 2025

HR Brew

HR tech firm Rippling sues rival Deel for corporate espionage, alleging Deel planted a mole who accessed sensitive business data like sales pipeline and customer churn details, escalating tensions between the two remote workforce companies.

Legal Business Enterprise

AI Database Startup Pinecone Weighs Sale Amid Fierce Competition

Sep 01, 2025

ctech

AI database startup Pinecone, founded in Israel, weighs potential sale as tech giants like Oracle, IBM, MongoDB and Snowflake emerge as suitors amid fierce competition, further intensified by losing prominent customer Notion.

Funding Data & Analytics Business

Tech Titans and Visionaries Drive AI Innovation Across Industries

Sep 01, 2025

TIME

Influential leaders like Matthew Prince, Elon Musk, Natasha Lyonne, Refik Anadol, Mike Krieger, Stuart Russell, Fei-Fei Li, and Paula Ingabire drive AI innovation across tech, creativity, policy, ethics, and governance.

Business