Top executives from Goldman Sachs, Morgan Stanley, and AI companies are expressing concerns about an AI investment bubble. Stanford research shows U.S. AI investment reached $109.1 billion in 2024, dwarfing other countries. Even OpenAI’s Sam Altman acknowledges the “overexcitement” while believing A
Anthropic is racing to demonstrate its political neutrality amid pressure from the Trump administration’s campaign against “woke AI.” The company released new bias measurement tools and claims its Claude Sonnet 4.5 model outperforms competitors on neutrality metrics. This reflects how political conc
AI is moving from promise to measurable payoff across corporate America. According to Morgan Stanley data, the share of S&P 500 companies citing quantifiable AI benefits has reached 15%, with tech firms leading the pack at 39% adoption success.
OpenAI has started testing group chats in ChatGPT, allowing multiple users to collaborate in the same conversation. The feature is currently rolling out to users in Japan, New Zealand, South Korea, and Taiwan.
Australian AI cloud company Firmus has raised AU$500 million in equity funding to expand its data center capacity across multiple locations. The funding values the company at AU$6 billion and will support Project Southgate, aiming for 1.6GW capacity by 2028. Initial construction is underway in Tasma
Lative, an AI-driven sales planning platform, has raised €6.4 million to accelerate product development and expansion. The Dublin-based startup helps sales teams move from manual spreadsheet planning to real-time AI-powered insights, with customers reporting 24% productivity increases. The funding r
Cash App’s new Moneybot feature uses AI to help users manage their money more effectively. The assistant analyzes spending patterns and provides personalized financial suggestions through natural conversations.
Chinese tech giant Baidu is making a major play in the AI hardware space with custom chips designed to compete with Nvidia. The company plans rack-scale systems with 256 and 512 accelerators starting in 2026, alongside a new training chip for trillion-parameter models.
Krafton is offering employees voluntary resignation packages worth up to 36 months’ salary as part of its “AI-first” transformation. The company has frozen hiring across most departments while posting record quarterly profits. Not all subsidiaries are embracing the AI push, with Subnautica 2 develop
Major AI partnerships between companies like Nvidia, Microsoft, and OpenAI are creating monopoly moats across the entire AI supply chain. Despite new merger guidelines, regulators are treating these deals as national security priorities rather than competition threats. The result could be less innov
