Investors and companies worry some AI firms may struggle financially...
A new analysis says big names like Microsoft, OpenAI, and Google keep spending heavily but investors fear smaller firms could fail first as the AI race gets costly.
Perplexity signs a $750 million AI cloud deal with Microsoft
Perplexity agreed to use Microsoft Azure for three years, tapping AI models from OpenAI, Anthropic, and xAI to scale services.
U.S. Commerce Department plans a national AI hub in San Francisco
The federal government is planning a major AI research and development center near companies like OpenAI and Anthropic.
Amazon may invest up to $50 billion in OpenAI
Amazon is in advanced talks to put tens of billions into OpenAI’s fundraising, potentially making Amazon the largest single investor.
Pentagon and Anthropic clash over military use of AI systems
The U.S. Department of Defense and Anthropic disagree about how AI should be allowed in weapons and surveillance systems.
New research shows most people use ChatGPT far more than other AI tools like Google Gemini or Microsoft Copilot.
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