OpenAI and Anthropic Battle Over API Token Pricing
OpenAI is considering cutting token prices to attract customers from Anthropic, which may soon follow suit, according to the Wall Street Journal.
Business
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The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
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Anthropic's Dario Amodei Has Just One Direct Report
Anthropic’s Dario Amodei, whose company is valued at over $1 trillion, has only one direct report, his chief of staff.
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Anthropic Launches Claude Corps Fellowship Program
Anthropic announced a $150 million initiative to train 1,000 AI fellows to help nonprofits across the U.S. during economic transformation.
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Opendoor Shuts India Operations Amid AI-Driven Workforce Shift
Opendoor is closing its India operations less than two years after expanding there, signaling a shift in AI's impact on global outsourcing.
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OpenAI IPO Delayed as Altman Seeks Public Offering Within Next Year
OpenAI CEO Sam Altman informed staff of an IPO expected within the next year, delaying the planned 2026 offering to 2027.
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OpenAI Expands Access to Models via Oracle Cloud
OpenAI and Oracle are enabling OCI customers to use existing cloud credits for OpenAI models and Codex, starting in weeks.
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Amazon Borrows $17.5 Billion for AI Spending
Amazon has secured a $17.5 billion loan from major banks to fund ongoing AI initiatives, following a $14 billion bond sale.
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Ramp AI Index Reveals Top 1% of Firms Spend $7,500 Per Employee Monthly on AI
The Ramp AI Index found that the top 1% of AI-adoption firms spend $7,500 per employee monthly on AI, far below the average software engineer's salary of $16,000.
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Warner Music Acquires AI Attribution Startup Sureel AI
Warner Music Group acquired Sureel AI, an AI attribution startup, to enhance tracking of how its artists' work is used in AI-generated content. The deal was announced on June 10, 2026.
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Niteshift Launches AI Coding Startup to Challenge Big AI Lock-In
Niteshift, founded by former Datadog engineers, raised $7 million in seed funding to offer model-agnostic coding infrastructure.
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Google Gemini AI to Sponsor Argentina at World Cup
Google Gemini will be the main global sponsor of Argentina's national team at the 2022 World Cup, with its logo appearing on training kits and AI tools used for performance analysis.
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Meta and Reliance Launch First AI Data Center in India
Meta has signed its first AI data center deal in India, partnering with Reliance Industries to build a 168-megawatt facility in Gujarat by 2027.