Business - News Articles

OpenAI Offers Free One-Year ChatGPT Go to Indian Users as Company Targets Key Growth Market

Oct 29, 2025

TechCrunch

OpenAI launches free one-year ChatGPT Go promotion in India starting November 4, targeting its second-largest market with over 29 million app downloads in 90 days despite low monetization of just $3.6 million in purchases.

Consumer Products Business

Amazon Cuts 14,000 Jobs to Fund AI Push as Company Struggles to Keep Pace with Microsoft

Oct 29, 2025

NPR

Amazon slashes 14,000 corporate jobs to fund massive AI investments as the tech giant desperately tries to catch up with Microsoft in the artificial intelligence race, with CEO Andy Jassy warning more workforce reductions are coming as AI transforms the company.

Labor & Jobs Business Cloud Computing

AI Startup Mercor Hits $10 Billion Valuation After $350M Funding Round, Pivots to Training AI Models

Oct 28, 2025

CNBC

AI startup Mercor rockets to $10 billion valuation after raising $350 million, pivoting from hiring assessments to training AI models with 30,000 contractors earning $1.5 million daily while benefiting from clients fleeing competitor Scale AI following Meta's controversial acquisition.

Funding Labor & Jobs Business

White House Threatens Silicon Valley Donors Over $100M Bipartisan AI Super PAC for 2026 Elections

Oct 24, 2025

NBC News

White House officials threaten Silicon Valley donors backing a new $100 million bipartisan AI super PAC for 2026 elections, calling the effort a 'slap in the face' and warning tech leaders including Marc Andreessen and OpenAI's Greg Brockman to avoid 'getting on the wrong side of Trump world.'

Regulation Geopolitics Business

Tesla Plans to Remove Safety Monitors from Austin Robotaxis by Year-End

Oct 24, 2025

The Verge

Tesla announces plans to remove human safety monitors from its Austin robotaxis by year-end, marking a major step toward fully autonomous operations after logging over 250,000 monitored miles in the city, while expanding to 8-10 new markets by 2025.

Autonomous Vehicles Business

Microsoft AI CEO Declares Company Won't Build Erotic AI Services, Calls Them 'Very Dangerous'

Oct 24, 2025

CNBC

Microsoft AI CEO Mustafa Suleyman declares the tech giant will not develop erotic AI services, calling them 'very dangerous' just one week after partner OpenAI announces plans to allow adults to use ChatGPT for erotica content.

Mental Health Consumer Products Business

Microsoft Launches Mico AI Companion to Challenge ChatGPT with More Personal, Human-Centered Approach

Oct 24, 2025

Axios

Microsoft launches Mico, a new AI companion designed to be more personal and human-centered than existing chatbots, as the tech giant challenges ChatGPT's dominance with help from former Google DeepMind co-founder Mustafa Suleyman.

Consumer Products Business Foundation Models

Nvidia Crushes Competition with 92% GPU Market Share as AMD Falls to 8% and Intel Drops to Zero

Oct 24, 2025

Yahoo Finance

Nvidia crushes the GPU market with a commanding 92% share in Q1 2025, gaining 8.5 percentage points as AMD plummets to just 8% and Intel completely disappears with 0% market share, driven by the successful RTX 50 series launch amid surging AI demand.

Hardware Geopolitics Business

Israeli AI Company Lightricks Launches LTX-2 Video Generator, Creating 4K Videos with Audio at One-Tenth the Cost of OpenAI's Sora

Oct 24, 2025

ynetglobal

Israeli AI company Lightricks launches LTX-2, a revolutionary video generator that creates 4K videos with synchronized audio from text prompts at one-tenth the cost of OpenAI's Sora, targeting the massive $600 billion global video production market.

Image & Video Foundation Models Business

Meta Lays Off Risk Organization Employees as Company Shifts to AI for Privacy Compliance

Oct 23, 2025

CNBC

Meta fires undisclosed numbers of risk organization employees while replacing human privacy compliance reviewers with AI automation, marking the latest cuts following 600 layoffs from its Superintelligence Labs this week as the tech giant restructures operations around artificial intelligence.

Privacy Labor & Jobs Regulation Business