Amazon Engineers Distilling Anthropic Models to Cut Costs
Amazon engineers are distilling Anthropic models to build cheaper versions before new token-based pricing starts next year, according to The Information.
Business
249 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
-
-
Microsoft and Others Frame AI Agents as Employees
A study found managers made 18% more errors when treating AI tools as coworkers rather than software, highlighting risks of mislabeling AI agents.
-
Tidal Bans Monetization of Fully AI-Generated Music
Tidal announced it will ban monetization of fully AI-generated music, effective July 15, 2026.
-
Arena's AI Leaderboard Now a $100M Business
Arena, the AI leaderboard provider, has reached $100 million in annualized run-rate revenue just eight months after launching its commercial service.
-
Deloitte Warns AI Threatens Billable Hour Model
Deloitte's internal report projects AI will dominate consulting by 2035, shrinking the billable hour model.
-
Meta Limits Use of Claude Code and Codex to Protect Training Data
Meta is restricting use of Anthropic's Claude Code and OpenAI's Codex to prevent their outputs from entering its training data, according to internal documents.
-
Microsoft and AI Agents Drive Business Transformation
Microsoft and technology leaders are boosting agentic AI to achieve measurable financial outcomes, with confidence growing for routine tasks and data workflows.
-
Proception Settles Tesla Trade Secret Suit, Announces $11M Raise
Proception, a robot-hand startup, settled a trade secret lawsuit with Tesla and raised $11 million in seed funding, according to TechCrunch.
-
HP Expands OpenAI Frontier Partnership for Enterprise AI Integration
HP Inc. announced June 28, 2026, it will scale its OpenAI Frontier partnership after successful pilots, with AI tools improving productivity and customer experiences.
-
Ford Rehires Veteran Engineers After AI Fails to Meet Quality Goals
Ford has rehired 350 veteran engineers after AI-driven quality systems underperformed, aiming to cut $1 billion in costs this year.
-
Apple Vision Pro Exec Leaving for OpenAI
Apple's Vision Pro executive, Paul Meade, is reportedly joining OpenAI's hardware team, according to Bloomberg.
-
Big Tech Funds $1 Billion Retraining Initiative for AI Workforce Shift
Former Commerce Secretary Gina Raimondo launched Raise Us, a nonprofit backed by Amazon, Microsoft, and others, aiming to raise $1 billion for retraining as AI reshapes jobs.