Companies News & Updates

Anthropic partners with Snowflake in a $200 million AI deal, bringing Claudes' large language models to Snowflake's platform.

Clipbook, an AI-powered platform for media monitoring, raised $3M from Mark Cuban and other investors, solidifying its position in the market.

AMD CEO Lisa Su believes the AI bubble is overblown, stating that the industry needs scores of chips to sustain growth. AMD is making big bets on AI data centers and expects huge potential in the emerging tech.

Alphabet's AI chip technology is seen as a significant growth driver for the company, with Gemini 3 receiving strong reviews, potentially worth $900 billion in future revenue.

Microsoft's AI demand is expected to be volatile as companies experience different adoption rates.

Amazon Web Services (AWS) CEO Matt Garman discussed the company's strong partnership with Anthropic and the latest advancements in the Trainium3 chip, which aims to deliver significant cost, performance, and efficiency improvements for AI model training.

OpenAI CEO Sam Altman declared a 'code red' to improve ChatGPT, delaying other initiatives and focusing on core features.

OpenAI and Anthropic are reportedly laying groundwork for Initial Public Offerings (IPOs), seeking valuations that could exceed $1 trillion and $300 billion, respectively.

ByteDance and DeepSeek are pursuing distinct approaches to AI model development, with ByteDance focusing on integrating AI into daily life and DeepSeek pushing forward with powerful yet efficient open-source models.

Luma AI has opened a new office in London, marking a significant expansion step toward its mission of building multimodal AGI. Amit Jain, co-founder and CEO, emphasized the company's commitment to video capabilities as a crucial aspect of achieving AGI.

Apple replaced John Giannandrea as AI chief with Amar Subramanya, a former VP at Microsoft AI, citing Siri setbacks. Apple AI chief John Giannandrea is stepping down after struggling to get Siri back on track.

Google's Gemini 3 model surpasses rivals in benchmark tests, prompting industry leaders to take notice, while Nvidia asserts its dominance in AI chips

Microsoft reduced sales growth targets for its AI agent products after many salespeople missed their quotas in the fiscal year ending in June.

OpenAI has been hit by a significant data breach, impacting users' names, email addresses, and approximate locations. The breach was caused by a third-party analytics tool, Mixpanel. OpenAI claims user conversations and sensitive information remain safe.