Google is now selling its custom AI chips, Tensor Processing Units, directly to customers for use in their own data centers, marking a major strategic shift that intensifies competition with Nvidia while Amazon simultaneously challenges the chip giant with its own lineup generating over $20 billion in annual revenue.
Perplexity launches a massive enterprise expansion of its AI agent platform at Ask NYC, introducing 50+ prebuilt workflows, Databricks and Snowflake integrations, financial data connections via Morningstar and PitchBook, and a 1Password integration — all while claiming $2.8 billion in labor-equivalent work completed since launch.
AI startup Rogo Technologies hits a $2 billion valuation after two former Wall Street bankers build a platform that automates the tedious grunt work of investment banking, including spreadsheet crunching and slide deck formatting.
MIT and IBM are launching the MIT-IBM Computing Research Lab, expanding their seven-year AI collaboration into quantum and hybrid computing systems to tackle real-world challenges like drug discovery, weather prediction, and financial forecasting.
TradingAgents, an open-source multi-agent LLM framework that replicates real-world trading firms using specialized AI roles, has surpassed 55,000 GitHub stars as its latest version introduces crash recovery, persistent decision logging, and expanded support for major AI providers including OpenAI, Google, and DeepSeek.
Meta unveils closed-source AI model Muse Spark, thrilling Wall Street while simultaneously cutting 10% of its workforce and planning up to $135 billion in AI infrastructure spending, marking a bold shift to compete directly with OpenAI, Anthropic, and Google.
Anthropic's Claude Opus 4.7 quietly raises real-world costs up to 27% through a new tokenizer that generates 32–45% more tokens than its predecessor, despite keeping prices unchanged at $5/M input and $25/M output — though short prompts under 2K tokens actually see a slight cost decrease.
Elon Musk takes the stand in federal court, accusing OpenAI co-founders of 'looting' a charity through its for-profit conversion, while OpenAI's attorneys strike back with Musk's own emails showing he once supported the very restructuring he now seeks to unwind in court.
Elon Musk takes the stand in a landmark $130 billion trial against OpenAI, demanding the company revert to nonprofit status and remove CEO Sam Altman, while OpenAI fires back claiming Musk's lawsuit is fueled by jealousy and competitive motives tied to his rival xAI venture — with the outcome potentially …
DeepSeek ignites a global AI pricing war by slashing its new V4-Pro model costs by 75% for developers, dropping input token prices to just $0.036 per million — undercutting OpenAI, Google, and Anthropic — as geopolitical tensions over Chinese AI development escalate.