Chinese AI firm Z.ai ’s new open-source model is generating a lot of buzz because of its near-frontier capabilities at super low costs. This further intensifies the price competition in the global AI model market. The new GLM-5.3 Flash model, officially released earlier this week, is ranked eighth on the Artificial Analysis Intelligence Index with a score of 57, matching OpenAI’s GPT-5.6

A federal judge ruled that the Defense Department must end its blacklisting of Anthropic in a blistering decision that accused the Trump administration of violating the AI company’s First Amendment rights. The decision, issued late Thursday by U.S. District Judge Rita Lin of the Northern District of California, came in one of two Anthropic lawsuits against the Pentagon challenging its

Over 100 companies from tech, finance and other industries signed a statement that OpenAI published Thursday calling for an industry-wide effort to protect critical infrastructure, including hospitals and water treatment plants, from AI cyberattacks. “We have a limited window to strengthen cyber defenses,” reads the letter, whose signatories include Anthropic, Google, Citadel and Visa. AI

Forget the SaaSpocalypse! It's a SaaS renaissance (SaaSaissance, anyone?). Shares of Salesforce rocketed 23% on Thursday, leading a recovery for many of the most beaten-down software stocks, including ServiceNow, Figma and Asana, after Salesforce reported upbeat July-quarter earnings on ...

China hasn’t held the same opportunities for U.S. venture capitalists it once did, given a crackdown by both countries on cross-border tech investments. But U.S. VCs are still hungry for insights into the country’s tech startups, whose fast growth holds clues to the future of U.S. AI companies. ...

Workday, whose software is used by HR and finance teams, said revenue growth slowed slightly in the July quarter, underscoring how enterprise software companies have yet to show that AI can boost their revenue meaningfully. Shares initially fell 7% in after-hours trading before bouncing back as executives highlighted its AI-related revenues during a call with analysts. Workday’s

Revenue is surging at Cognition and several other AI application providers, previously unreported data show, offering some reassurance to investors and hardware suppliers that startups can thrive despite competition from Anthropic and OpenAI. Cognition, which makes the Devin coding assistant, is ...

Anthropic’s AI is pricey, but customers are finding they can use it more efficiently by adding software known as a harness to control the way AI models operate.Visa in April developed a harness that reduces the cost of and time it takes for Anthropic’s Mythos AI to find and fix cybersecurity ...

Anthropic has been working on a plan to let existing shareholders sell some stock in its blockbuster initial public offering while also considering longer-than-usual lockup periods for sales after it’s public, people familiar with the process said. Allowing secondary stock sales in the IPO would ...

The Trump administration has internally circulated a draft executive order in recent weeks, calling for the creation of a self-regulatory organization for AI companies that produce state-of-the-art models, according to two people who have viewed a draft. Drafting of the order represents a ...

AI is speeding up chip design. That was a key theme in conversations I had this week with engineers, researchers and a handful of startups pitching AI-driven design help at the annual Hot Chips semiconductor conference in Palo Alto, Calif.OpenAI’s Jalapeño chip, which it claims is better than ...

Polymarket has inked a fresh deal to get access to high-speed data and streaming video content for more than 20 sporting associations, a sign that leagues are warming to prediction markets even as their legal status in the U.S. remains contested. An expanded partnership with Nasdaq-listed data ...

Gibson Dunn, a Los Angeles-headquartered law firm well-known for its litigation practice, has hired tech lawyer Jonathan Ashtor from New York law firm Paul Weiss, according to a release reviewed by The Information. The hire is the latest in a series of senior moves among the country’s largest law firms. Ashtor is joining as a partner and co-chair of Gibson Dunn’s technology transactions

SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, The Information reported late Wednesday . The investment would support SoftBank’s robotics ambition and give 1X more runway to put its soft-bodied bots in customers’ homes. The 12-year-old startup tried last fall to raise $1 billion at a $10 billion valuation , but it raised less than

SoftBank is in talks to buy a majority stake in 1X Technologies, an OpenAI-backed humanoid robot developer, in a deal that would value the startup at about $6 billion, according to people with knowledge of the deal. The investment would buttress SoftBank’s robotics ambition. The investment would ...

Nvidia has agreed to buy Hugging Face, a company known for its GitHub-like repository of open-source AI models, for $12.9 billion, according to a person with knowledge of the agreement. The move will put Nvidia in charge of a strategic asset in the race among open-source model developers to ...

Instinct, a startup whose AI assistant connects to users’ applications and performs tasks on their behalf, is raising a Series B at a $2.5 billion valuation in a round led by Index Ventures and Benchmark, said a person with direct knowledge. The round will close in the next couple of weeks with around $250 million raised. Instinct was founded in April by Noah Shin, a former researcher at the

You couldn’t miss the disconnect in the AI discussion among major tech figures on Wednesday. Microsoft co-founder Bill Gates warned in a lengthy essay about the dangers posed by the technology, noting that he would support a global slowdown in AI advances if someone had a “credible plan” for ...

Meta Platforms has fought one of its biggest court battles to an expensive draw. But lawyers scrutinizing Wednesday’s $18 billion settlement agreement with states said it won’t likely help the social media giant in its wider legal war over claims that its products harm underage users. The ...

Salesforce stock rose more than 13% in after-hours trading Wednesday after the enterprise software giant reported 11% growth in July quarter earnings and boosted its full year revenue guidance to as high as $46.4 billion from $46.2 billion, meaning revenue could increase as much as 12% in Salesforce’s fiscal year ending next January from the previous year. Salesforce’s July quarter results