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.
Business
460 articles
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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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.
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Justin Ernest Funds $500M in Startups Without Traditional VC Fund
Justin Ernest's firm Sabertooth Capital has invested nearly $500 million into 10 high-profile startups, including Anthropic and SpaceX, through special purpose vehicles.
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Google Cuts Google AI Plus Price to $4.99
Google slashed the price of its Google AI Plus subscription to $4.99, doubling storage to 400 gigabytes, as it intensifies competition in the AI market.
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MANGOS to Replace FAANG as Tech Giants Prepare for IPOs
Tech industry leaders are shifting from FAANG to MANGOS as major companies prepare for IPOs in 2026, according to a viral trend on social media.
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Cheaper AI Models Gain Traction as Cost Pressures Rise
Cost-conscious model-shopping is reshaping AI economics, with some tasks shifting to cheaper models within 12-18 months, according to Coinbase's Brian Armstrong.
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Sandstone Raises $30M to Bring AI to In-House Legal Teams
Sandstone secured $30 million in Series A funding to develop AI tools tailored for in-house legal teams, six months after raising $10 million in seed funding.