OpenAI recruits over 100 former Goldman Sachs and JP Morgan bankers at $150/hour for Project Mercury, training AI models to automate entry-level investment banking tasks like cash-flow analysis and pitchbook creation, potentially revolutionizing Wall Street's traditional apprenticeship system.
Anthropic integrates Claude AI directly into Microsoft Excel with a sidebar interface that reads, modifies, and creates spreadsheets, delivering 5x faster business reviews and 90% data accuracy for major financial institutions during beta testing.
Perplexity AI's valuation skyrockets from $14 billion to $50 billion in months as the search startup raises funding rounds monthly instead of annually, generating $150 million in revenue while making a stunning $34.5 billion bid for Google Chrome amid fears of an AI investment bubble with 100x revenue multiples.
Tiger Data open-sources Eon, a Slack-native AI assistant that achieves 50% company adoption in just six weeks by solving key production challenges through conversational memory, focused context delivery, and reliable event processing.
Six AI-powered OCR systems including Google Cloud Document AI, Amazon Textract, and Microsoft Azure revolutionize document processing in 2025 by offering advanced features like layout preservation, table detection, and multilingual support beyond traditional text extraction.
MediaTek sets ambitious goal to capture 10-15% of the $50 billion data center ASIC chip market, targeting $1 billion in cloud AI chip revenue by 2026 through partnerships with Nvidia on the GB10 Grace Blackwell Superchip.
Alphabet shares rocket 5% to record highs as Q3 revenue soars to $102.4 billion, driven by Google Cloud's explosive 34% growth to $15.2 billion amid surging AI demand that's pushing the tech giant to raise capital spending guidance to $92 billion for massive data center expansion.
Alphabet shatters records with $102.35 billion quarterly revenue, marking the first time the tech giant crosses $100 billion while Google Cloud surges 35% to $15.15 billion amid explosive AI demand, prompting the company to boost 2025 infrastructure spending to up to $93 billion.
OpenAI unveils company knowledge feature for ChatGPT Business users, allowing AI to directly access and search workplace data from Slack, Google Drive, GitHub, and SharePoint with enterprise security controls and permission-based access.
Companies face shocking AI cost explosions as bills skyrocket from hundreds to tens of thousands of dollars within weeks due to unmonitored usage-based billing, prompting urgent adoption of specialized FinOps platforms and governance tools to track token usage, GPU hours, and API calls before budgets spiral out of control.