SoftBank injects $2 billion into Intel, acquiring a 2% stake as the chipmaker battles Nvidia in the AI race, with Intel shares rising 6% on the investment announcement.
Most enterprise generative AI pilots fail to boost revenue quickly, with only 5% achieving rapid growth, as successful deployments require specialized tools and strategic partnerships over internal development.
AWS sparks outrage among developers as it hikes the pricing for its AI-powered coding assistant Kiro, with the new plans costing substantially more than initially promised, leading to backlash over the 'wallet-wrecking' changes.
OpenAI CEO Sam Altman acknowledges the AI market is in a bubble reminiscent of the 1990s dot-com boom, even as his unprofitable company seeks $6 billion at a staggering $500 billion valuation amid expert warnings that AI overvaluation now exceeds the internet bubble.
ChatGPT's mobile app generates a staggering $2 billion in global consumer spending, dwarfing competitors like Grok, Claude, and Copilot with an average revenue of $2.91 per install, dominating the mobile AI market.
OpenAI's CEO Sam Altman reveals bold plans to launch AI-powered consumer apps, browsers, and social media experiences beyond GPT-5, as the company's API traffic doubles after the model's launch, reflecting its growing ambitions under new leadership.
OpenAI CEO Sam Altman admits missteps in GPT-5 launch, but usage surges; eyes acquiring Google Chrome if divested; plans ambitious expansion into consumer hardware, brain-computer interfaces, social media.
Cohere, an AI startup, secures $500 million in funding, valuing it at $6.8 billion, as it appoints Joelle Pineau as Chief AI Officer and plans to advance agentic AI for businesses and governments.
The Trump administration explores acquiring a stake in Intel, sending the chipmaker's shares soaring over 7% as the potential deal could provide a boost to the struggling semiconductor company.
xAI Co-founder Igor Babuschkin exits Elon Musk's AI startup amid controversy over its chatbot Grok making offensive remarks, departing to launch his own venture capital firm focused on AI safety.