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AI Companies & Funding page 4
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Zuckerberg wrote 6,500 words on Meta’s AI future. Why isn’t anyone buying it?
Mark Zuckerberg wrote 6,500 words this week about how AI will empower you, and the loudest response was a shrug followed by a question: coming from him? That’s…
Nvidia cuts its OpenAI guarantee to $120B while Anthropic’s revenue defies the bubble talk
Nvidia was supposed to stand behind $250 billion. It’s now prepared to guarantee just under $120 billion, according to the Wall Street Journal, after investors pushed back over…
Apple says 11 more ex-employees may have handed OpenAI trade secrets
Apple’s lawsuit against OpenAI just grew by 11 names. In a fresh court filing, the company said an internal investigation turned up 11 other former employees who may…
Palantir’s Alex Karp calls the AI industry ‘Marxist’ after a $1.9B quarter
Palantir made $1.1 billion in profit last quarter. That’s more money in three months than the company took in as total revenue over the same period a year…
Google just told investors it can’t predict its own AI bill
Google’s capital spending forecast moved to as much as $205 billion. Last quarter, the top end was $190 billion. The bottom of the new range, $195 billion, sits…
AMD’s $5 billion bet on Anthropic doesn’t buy much until 2027
AMD is putting up to $5 billion into Anthropic. And Anthropic is going to hand a good chunk of that money right back to AMD for chips. If…
Saga sells blockchain assets, shifts focus to AI agents
In Brief: Saga has sold operational control of its crypto network to Alapin Holdings and launched Saga AI Labs. The new focus is on persistent AI characters across…
Animoca Invests $1 Million in AI Agent Trading Protocol
In Brief: Animoca invests in Superior.Trade Animoca Brands has co-invested $1 million in Superior.Trade, a protocol for automated trading teams leveraging the company’s Minds platform. This investment is…
