Cursor is preparing to release a model router as soon as Wednesday, according to a draft of a company announcement viewed by The Information. Cursor’s new product comes amid a flurry of enthusiasm for routers, which can select the best model for a particular task, balancing performance and cost. That can relieve the AI budgets of customers who have been paying top dollar for the best models,

Advanced Micro Devices said Wednesday it would make a $5 billion equity investment in Anthropic “in the future,” and the Claude AI maker would use AMD’s AI server chips starting next year. Anthropic has been steadily diversifying its AI server sources and is evaluating chips from other providers including startups and Microsoft, The Information has reported. AMD implied that Anthropic would

Arcee, an American open-weigh AI provider, announced a partnership with the Department of Energy, in which the DOE will use Arcee’s AI models to advance scientific research. Arcee AI will help government researchers “automate a lot of the more mundane, but tricky and nuanced workflows that they do on a day-to-day basis,” Arcee CTO Lucas Atkins said in an interview. The DOE and other

Cloud and software incumbents want businesses to think twice before using Anthropic, OpenAI and other closed-source AI providers. Executives such as Palantir CEO Alex Karp have argued, for instance, that these AI firms could use their customers’ data to compete with them eventually.These ...

Longtime Fidelity Management’s semiconductor fund manager Adam Benjamin is joining Michael Dell’s family office DFO Management, according to people familiar with his move. At Fidelity, Benjamin managed the $55 billion Fidelity Select Semiconductors mutual fund and also helped manage several technology-focused funds at Fidelity. He also led efforts investing in several private chip startups. He

Elon Musk’s AI company, SpaceXAI, is laying the groundwork for at least one new large-scale data center in Texas, three people with knowledge of the effort said. Such a move could substantially expand SpaceX’s AI computing capacity outside its existing data center hub in Memphis, Tenn. An ...

OpenAI said on Tuesday that it was adding two new members to its board of directors, Nubank CEO David Vélez and Bank of New York Mellon CEO Robin Vince. “David and Robin are exceptional leaders who have used technology to reshape financial services and expand opportunity at global scale,” Bret Taylor, OpenAI’s board chairman, said in a statement included in the announcement . “Their

Who says software is dead? Jack Dorsey’s Block today unveiled a new “collaboration workspace”—software people can use to communicate and work together—which Dorseysaysaims to reduce “our dependency on Slack and GitHub.” That’s a bit of a provocative statement from Dorsey, who also co-founded ...

Before we get to today’s column, check out our story from earlier today about Mercor. My colleague Cory and I reported that Mercor generated $614 million in gross revenue in the first half of this year, overwhelmingly from AI foundation model customers. That concentration highlights the risk to ...

Meta Platforms’ internal incubator for AI-powered products and tools is developing a version of the OpenRouter service that would help cut costs by sending some AI tasks to lower-cost models. The incubator, called AAI Labs, is part of Meta’s Applied AI Engineering team, which Meta set up in ...

Supermicro said Tuesday it had received new orders worth more than $60 billion in its June quarter, sending its shares up 17% after normal trading hours. The Nvidia server producer made the announcement in a preliminary business update ahead of the company’s official earnings release Aug. 11. It also said gross margins will be better than expected, between 15% and 17%, almost double its earlier

OpenAI said Tuesday that an AI agent it developed went rogue last week and hacked into the systems of AI model repository Hugging Face. OpenAI said that it was testing the agent, powered by its most advanced publicly available model, GPT-5.6 Sol, and other unreleased models to see how well it fared at cybersecurity tasks. The tests were supposed to take place in a “sandbox” environment without

David Richardson, an early Amazon Web Services employee who left in 2022 and rejoined the cloud unit last September to lead a key AI agent-building product, departed the company in April after eight months in the role, according to people with knowledge of the matter and his updated LinkedIn profile . Richardson was vice president of AgentCore, a service for building and running agents that

Anthropic’s models may be unparalleled at coding, but they’re less capable of powering AI voice and chat applications for customer service than other AI providers. That’s according to data from NiCE, a customer service software provider whose clients include Toyota, Allianz, Nestle and Frontier ...

Google on Tuesday announced three new versions of its more efficient “Flash” Gemini models, including one focused on cybersecurity. But Google offered no update on the timing for its long-awaited 3.5 Pro model, expected to be its next flagship model. At Google’s developer conference in May, CEO Sundar Pichai had said that the model would be released in June. “Gemini 3.5 Pro is currently

As debate swirls in Washington, D.C. about how to regulate open-source Chinese AI models, Treasury Secretary Scott Bessent reiterated on Tuesday that the Trump administration supports open source, but does not support the theft of intellectual property. “If we see especially that overseas models are stealing from our great companies, we have the ability to sanction them because of this theft,”

Over the weekend, tech blogger Robert Scoble claimed Anthropic was in the process of acquiring Physical Intelligence, an AI robotics software developer that was most recently in talks to raise capital at a valuation of $11 billion. Scoble’s claim sent X into a frenzy.Scoble may not be right, as ...

Tesla announced on Tuesday that it had added two new Robotaxi hubs in Tampa and Orlando, Florida. That follows the driverless service’s launch in Miami earlier this month, its first expansion in Florida. In total, Tesla has six Robotaxi hubs, which includes three service areas in Texas. The company first began offering Robotaxi rides in Austin, Texas, last summer and also operates a

Microsoft will spend billions of dollars to purchase new Nvidia GPUs that it plans to share with the European AI startup Mistral, the two companies announced Tuesday. The move follows Microsoft’s pledge last year to spend more money on building new data centers in Europe, which Microsoft president Brad Smith said was meant to give its European customers reassurance that “geopolitical

Taiwanese prosecutors have detained an Nvidia employee and searched the company’s offices as part of an ongoing probe into the alleged smuggling of the U.S. company’s AI chips into China, Bloomberg reported. Local investigators searched the home of the Nvidia employee and his desk at the company’s Taipei office, according to Bloomberg. The investigation stems from allegations that Super Micro