Elon Musk's xAI Trained Coding Models on Claude Outputs
Elon Musk's xAI reportedly trained its coding models on Claude outputs for months before access was cut off.
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.
LATEST NEWS
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Meta's Hatch AI Agent Could Cost Up to $200 a Month
Meta's Hatch AI agent, its first paid product, could cost up to $200 monthly, competing with OpenAI and Anthropic.
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Trump Administration Negotiates Government Stake in OpenAI
OpenAI and the Trump administration are negotiating a government stake in the AI startup, with no terms finalized yet.
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Startup Battlefield 200 Applications Close June 8
Startup Battlefield 200 applications close June 8, with thousands of startups already submitting entries.
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Google to Pay SpaceX $920M Per Month for Compute
Google will pay SpaceX $920 million per month through June 2029 for compute access, marking a significant financial commitment in the company's expansion plans.
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Together Tech Wave Emerges as 2026 Startup Bet
The 'together tech' wave is gaining traction as a significant 2026 startup trend, with Mirror founder Brynn Putnam raising funds for Board, a social experience startup.
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S&P 500 rejects fast SpaceX entry, blocks AI firm exception
S&P 500 denied SpaceX accelerated index entry, blocking a potential $14 billion passive fund influx, per Bloomberg Intelligence.
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Stratos data center plan cut 50% amid protests
Developer Kevin O’Leary reduced a project spanning 40,000 acres to 20,000 acres after intense local backlash over water use and environmental concerns.
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Linux Foundation Launches Tokenomics Foundation to Address AI Cost Challenges
The Linux Foundation announced a new standards body to tackle rising AI token costs, as companies face unexpected spending surges.
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OpenAI and Anthropic Share Major Investor Overlap
About 42 percent of OpenAI's investors also back Anthropic, according to PitchBook data, highlighting unusual cross-pollination in AI funding.
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AirTrunk Commits $30B to Build 5GW of AI Data Centers in India
AirTrunk, backed by Blackstone, plans to invest $30 billion in India by 2030, aiming to build 5 gigawatts of new data center capacity.
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Airbnb's Brian Chesky Launches New AI Lab
Airbnb CEO Brian Chesky plans to launch a new AI lab, joining a growing list of Silicon Valley leaders seeking to shape the future of artificial intelligence.