OpenAI's enterprise AI sales head Barret Zoph is departing after just five months, dealing a blow to the company's critical revenue push ahead of its planned IPO — his return in January had already followed a controversial exit from a rival AI startup over alleged misconduct.
AI pioneer Yann LeCun declares Elon Musk's xAI a 'failure' and warns OpenAI and Anthropic are heading toward a 'big bubble explosion' as AI service costs far outpace user payments, while his own $3.5 billion startup bets on 'world models' as the future of AI.
DeepSeek closes its first funding round at a $50 billion valuation, cementing its status as China's most valuable AI-only company, while founder Liang Wenfeng demands investors sign a strict no-poaching agreement to protect its talent from rivals like Xiaomi and Tencent.
Microsoft is overhauling Copilot's pricing to a usage-based model amid soaring costs from power users, while simultaneously exploring a fine-tuned, Azure-hosted version of DeepSeek V4 as a cheaper AI alternative to OpenAI and Anthropic, with a decision expected within weeks.
Enterprise AI costs are spiraling out of control as token bills from frontier models like ChatGPT, Claude, and Gemini blow past budgets, forcing companies to adopt smarter model routing and hybrid compute strategies while vendors like Databricks race to offer cost-control solutions.
Atom Computing secures $100 million in Series C funding led by Third Point Ventures, cementing its position as one of only nine U.S. government-backed quantum computing startups and signaling surging investor confidence in the quantum computing sector.
Tech layoffs surge to a two-year high with nearly 40,000 cuts as AI takes the blame for a third straight month, while a small circle of AI insiders mint billions through IPOs and skyrocketing valuations — sparking comparisons to post-2008 inequality backlash and warnings of an even more volatile public …
SpaceX makes history with the largest IPO ever, surging 19% to close at $161 per share and hitting a $2 trillion valuation, driven by its $250 billion xAI acquisition and orbital AI data center plans, even as critics warn a massive AI valuation bubble may be forming in real time.
French AI startup Mistral AI is in talks to raise $3.5 billion in a new funding round that could value the company at $23 billion, nearly doubling its previous $13 billion valuation as it races to compete against US and Chinese AI rivals.
Oracle shares plunge up to 11% as the tech giant reveals plans to raise $40 billion in debt and equity financing amid a staggering $23.7 billion in negative free cash flow, spooking investors despite a strong earnings beat with revenue surging 21% to $19.18 billion and capital expenditures skyrocketing 162% …