SoundHound AI stock soars nearly 400% in late 2024 on voice AI hype and Amelia acquisition, but plunges 44% in 2025 as Nvidia exits and skeptics like Stone Fox Capital label it 'Strong Sell' citing inflated growth and valuation.
In a stunning move, Meta offers a potential AI hire an eye-watering $1.25 billion contract over four years, amounting to $312 million annually, but the individual rejects the staggering offer as tech giants wage a fierce battle for elite AI talent.
ChatGPT surges with over 2.5 billion daily requests, 330 million from US users, posing a major threat to Google's search dominance as OpenAI prepares to release an AI-powered web browser.
Cursor acquires enterprise startup Koala, bringing on its engineers to build an enterprise-readiness team, strengthening its enterprise offerings and positioning itself as a rival to GitHub Copilot in the enterprise AI coding space.
Blackstone abandons plans to invest in TikTok's US operations as uncertainty mounts over the video-sharing app's future, with ByteDance exploring options like selling or restructuring its US business amid delays in securing a deal.
Artificial intelligence companies are facing a potential bust larger than the dot-com crash, as they are more overvalued than dot-coms in the early 2000s, with the AI boom being bigger, raising concerns that their empires may crumble when the world realizes AI does not justify their massive valuations.
Microsoft imposes restrictions, preventing forked versions of Visual Studio Code like Cursor from accessing official Microsoft extensions, causing issues for users relying on popular tools like the C/C++ extension, forcing a temporary workaround of downgrading and disabling auto-updates.
OpenAI announces plans to monetize its AI chatbot ChatGPT by integrating an eCommerce checkout system, allowing sellers to complete transactions within the platform and paying a commission to OpenAI on sales made through ChatGPT.
Uber invests $300 million in Lucid for 20,000 electric robotaxis, partners with Nuro for self-driving technology to deploy autonomous ride-hailing fleet over next 6 years.
Meta acquires PlayAI as voice AI ignites fierce competition, fueling a surge in investment with companies racing to secure conversational AI capabilities through acquisitions of startups like ElevenLabs, Cresta, and Cartesia amid rapid technological advancements enabling natural voice interaction.