AI Startup Lindy Switches From Claude to Deepseek Amid Cost Pressures
AI startup Lindy saved millions by switching from Claude to Deepseek as cost pressures mount on Anthropic.
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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.
AI startup Lindy saved millions by switching from Claude to Deepseek as cost pressures mount on Anthropic.
The Linux Foundation and 20 tech companies launched Akrites to address open-source security risks, aiming to fix vulnerabilities before AI-powered attacks exploit them.
Anthropic says AI has reduced the need for junior engineers, raising concerns about potential economic disruption.
Patronus AI, a San Francisco-based startup, raised $50 million in Series B funding to develop simulated environments for testing AI agents. The round, led by Greenfield Partners, brings the company’s total funding to $70 million.
Capital One announced a new research organization to advance AI in finance, aiming to improve financial services for millions of Americans by 2025.
Grok AI, a product of xAI, is reportedly a porn platform with over half its traffic linked to adult content, according to The Information.
Macy's is embedding AI into core systems to improve decision-making and customer experience, according to a senior director.
Adobe announced on Thursday it is acquiring Topaz Labs, a company known for its Emmy-winning production tech, to integrate its AI tools into its creative ecosystem.
TechCrunch Founder Summit 2026 is holding its final early bird registration window, offering up to $190 savings before prices rise on June 26.
Amazon announced a $13 billion investment to expand its AI and cloud infrastructure in India through 2030, marking its third major commitment to the country in three years.
Former Infosys CEO Vishal Sikka has launched Hang Ten Systems, a startup that raised $32 million in seed funding to challenge traditional IT services with AI.
Accenture is restricting employee AI use after realizing small tasks are draining token budgets, according to 404 Media.