It’s been quite the year for Coreweave. In March, the AI cloud infrastructure provider went public in one of the biggest and most anticipated IPOs of the year that didn’t live up to its hype. Another setback took place in October, when a planned acquisition of the cloud provider’s business partner, Core Scientific, faltered due […]
Coreweave CEO defends AI circular deals as ‘working together’ Read More »
Anysphere, the company that makes AI coding assistant darling Cursor, isn’t thinking about an IPO any time soon, its co-founder CEO Michael Truell said onstage Monday at Fortune’s AI Brainstorming conference. After reaching $1 billion in annualized revenue in November and raising $2.3 billion at a $29.3 billion valuation last month, Truell said his company
Why Cursor’s CEO believes OpenAI, Anthropic competition won’t crush his startup Read More »
OpenAI is hiring Slack CEO Denise Dresser as its new chief revenue officer. The news was first reported by Wired, then confirmed by OpenAI in a blog post. Dresser’s new role comes after more than 14 years at Salesforce, Slack’s parent company. While at Slack, Dresser oversaw the introduction of several AI features. OpenAI says
Slack CEO Denise Dresser to join OpenAI as chief revenue officer Read More »
As AI moves beyond chatbots and towards systems that can take actions, the Linux Foundation is launching a new group dedicated to keeping AI agents from splintering into a mess of incompatible, locked-down products. The group, dubbed the Agentic AI Foundation (AAIF), will act as a neutral home for open-source projects related to AI agents.
India has proposed a mandatory royalty system for AI companies that train their models on copyrighted content — a move that could reshape how OpenAI and Google operate in what has already become one of their most important and fastest-growing markets globally. On Tuesday, India’s Department for Promotion of Industry and Internal Trade released a proposed framework
India proposes charging OpenAI, Google for training AI on copyrighted content Read More »
OpenAI and Instacart are launching a grocery shopping experience inside of ChatGPT, allowing customers to brainstorm meal ideas, make a grocery list, and check out, all without leaving the chat interface. This builds upon an existing partnership between OpenAI and Instacart; more than two years ago, Instacart launched an in-app AI search tool powered by
You can buy your Instacart groceries without leaving ChatGPT Read More »
OpenAI released new data Monday showing enterprise usage of its AI tools has surged dramatically over the past year, with ChatGPT message volume growing 8x since November 2024 and workers reporting they’re saving up to an hour daily. The findings arrive a week after CEO Sam Altman sent an internal “code red” memo about the
OpenAI boasts enterprise win days after internal ‘code red’ on Google threat Read More »
While OpenAI continues to insist that there are currently no ads — or tests for advertising — live in ChatGPT, the company’s chief research officer Mark Chen also acknowledged that the company “fell short” with recent promotional messages and is working to improve the experience. Chen and other OpenAI executives were responding to posts from
OpenAI says it’s turned off app suggestions that look like ads Read More »
ChatGPT’s growth is starting to taper off, according to new data from market intelligence firm Sensor Tower. Today, the OpenAI-owned AI chatbot remains the leader in the space, accounting for 50% of global downloads on mobile devices and 55% of the global monthly active users. However, Google’s Gemini has begun to outpace ChatGPT in terms
ChatGPT’s user growth has slowed, report finds Read More »
If Amazon Web Services’ annual re:Invent tech conference proves anything, it’s that the cloud infrastructure player is going all in on AI. AWS announced made dozens of announcements from new AI agents and updated large language models, to products with LLM and agent-building capabilities. AI for enterprise was everywhere. But are its customers just as
AWS re:Invent was an all-in pitch for AI. Customers might not be ready. Read More »
