OpenAI plans to start pricing some ChatGPT ads based on whether people click on the ads rather than just how many people see them, an agency executive who spoke with OpenAI employees and works with ChatGPT advertisers said. At the same time, OpenAI has also indicated it plans to introduce ads ...

Mike Krieger, an Instagram cofounder who previously was Anthropic’s Chief Product Officer and now leads the company’s “Labs” team, stepped down from Figma’s board of directors on Tuesday, according to a filing. The move came shortly after The Information broke the news that Anthropic is working on an AI design tool which could compete with Figma’s offerings. Figma’s stock price fell 9%

Snap said it was laying off about 16% of its workforce, or about 1,000 people, in an effort to reduce its cost base by $500 million and “establish a clearer path to net income profitability,” CEO Evan Spiegel said in a blog post. Snap also foreshadowed its first quarter earnings report, revealing that revenue had risen 12% and earnings before interest, taxes, depreciation and amortization

ByteDance’s cloud computing unit has made the company’s Seedance 2.0 AI video generation model available globally to enterprise customers in more than 100 countries and regions around the world—but the U.S. is not among them. It is unclear whether the cloud unit, BytePlus, has any plans to offer the model in the U.S. later. The U.S. is not included in BytePlus’s list of countries and

Salesforce has launched new product that lets its customers connect other companies’ AI agents with their Salesforce data, an executive said on LinkedIn. Salesforce is offering multiple versions of the product, known as a hosted Model Context Protocol server, which suggests that it is exploring ways to generate revenue from customers using outside AI agents, following similar moves by rivals

Anthropic said Tuesday that the CEO of pharmaceutical company Vas Narasimhan is joining its board, highlighting Anthropic’s increased focus on healthcare and life sciences. The Claude chatbot maker acquired biotech startup Coefficient Bio for roughly $400 million earlier this month. It has also made improvements to its Claude chatbot to connect to scientific tools like Benchling and added

Every now and then we get a reminder that big tech’s pockets are as deep as the Mariana Trench. Amazon’s purchase of satellite firm Globalstar offers one of those reminders. Despite spending $200 billion this year on capital expenditures for its AI expansion and committing $50 billion on an ...

When Unilever last week announced its $1.2 billion acquisition of Grüns, a three-year-old brand of gummy vitamins, I had a flashback to a decade ago when Unilever bought Dollar Shave Club for almost the same price. That earlier deal marked the heyday of venture-backed consumer exits, which have ...

Businesses whose employees are heavy users of Anthropic’s Claude products are likely to pay significantly more for them after the company changed its pricing modelto charge business customers based on the amount of AI they use. The shift,which which some customers started to notice in recent ...

Major crypto exchanges and custodians including Coinbase and Binance are racing to prepare for powerful AI models like Anthropic’s Mythos, which the AI firm says could be dangerously good at finding and exploiting software vulnerabilities. Coinbase, the biggest U.S. crypto exchange, has been in ...

Polymarket was already under pressure to curb insider trading when it launched a program late last year to support startups that sent trades to its prediction market. Those companies quickly began handing suspected insider trading accounts to their own customers, letting them copy those trades. ...

A new set of numbers for Elon Musk’s SpaceX makes it clear that the success of its potential initial public offering will depend on investors embracing the growth of the company’s Starlink satellite internet business. The other two businesses inside SpaceX—rocket launches and AI—are burning cash ...

AI firms’ voracious appetite for more data has lifted sales for obscure startups doing the industry’s unglamorous work: contracting with lawyers, PhDholders and medical doctors who grade the answers AI models generate. The latest is Handshake, a 12-year-old startup that began as a job site for ...

As Microsoft faces growing competition for business customers from Anthropic, it is developing new features that would make its AI assistant Copilot function more like OpenClaw, the open-source AI agent that has taken the AI industry by storm in recent months. A newly created team under ...

At tech giants like Meta Platforms, employees may have embraced the idea of “tokenmaxxing” as a way to show off how dedicated they are to using AI in their jobs. Don’t expect businesses beyond the deepest-pocketed tech giants to follow their lead, though. As The Information reported on Monday, ...

Debate around the prospects for companies like Anthropic and OpenAI has long centered on growth in both users and revenue. In recent months, the bigger story is how usage is changing and what that means for costs. Instead of asking a chatbot a single question, some users are increasingly relying ...

Boris Cherny, the head of Claude Code, almost parted ways with Anthropic for good last summer. Instead, he has helped shape the coding agent into a megahit that has closed the distance with rival OpenAI. Claude Code has supercharged Anthropic’s growth. After rising from $1 billion in December to ...

Some of the biggest Wall Street fund managers are planning to trek to the southernmost tip of Texas, then about 950 miles to Memphis, Tenn, in two weeks, for exclusive visits to SpaceX facilities ahead of what could be the biggest initial public offering of all time, three people familiar with ...

Nebius, a cloud provider backed by Nvidia with a market cap of $32billion, is in talks to buy Israeli-based AI startup AI21 Labs, according to people with knowledge of the deal. The potential deal would help Amsterdam-based Nebius expand AI services for its customers beyond its main business of ...

Nvidia shares should be worth a lot more than they are now—400% more, to be exact. And most software stocks should be worth less—some a lot less—than they are now. You can find assessments like these all over social media, but in this case, they come from one of the most respected quantitative ...