OpenAI to Cut Cursor Access to Its AI Models Following SpaceX Acquisition
OpenAI plans to end its partnership with Cursor and cut direct access to its AI models following the coding platform's acquisition by SpaceX.
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Latest Business News
Nvidia Agrees to Acquire Hugging Face in $12.9 Billion Deal
Nvidia has agreed to acquire AI platform Hugging Face for $12.9 billion, expanding beyond chips into open-source AI software and developer infrastructure.
Nvidia Strikes $6 Billion AI Deal to Build Open-Source Rival to Chinese Models
Nvidia has struck a $6 billion agreement with AI startup Poolside to develop a powerful open-source AI model capable of competing with leading Chinese and U.S....
Nvidia Explores Investment in Mercor at $20 Billion Valuation
Nvidia is reportedly considering an investment in AI data startup Mercor at a $20 billion valuation as demand for high-quality training data continues to accelerate.
Beijing’s AGI Bar Serves Free DeepSeek Tokens Instead of Wi-Fi
A new AI-themed bar in Beijing is giving customers free DeepSeek tokens instead of Wi-Fi, reflecting China's rapidly growing enthusiasm for artificial intelligence.
Higgsfield Raises $400 Million at $5.4 Billion Valuation as Natalia Vodianova Joins Investors
AI video startup Higgsfield has raised $400 million in Series B funding at a $5.4 billion valuation, with model and entrepreneur Natalia Vodianova joining the investor...
Anthropic Weighs Supervoting Shares for Founders Ahead of IPO
Anthropic is reportedly considering issuing supervoting shares to its founders ahead of its expected IPO, helping preserve their control as the AI company prepares to go...
Nik Storonsky’s QuantumLight Raises $500 Million for Second AI-Driven Venture Fund
QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its debut vehicle.
Anthropic Overtakes OpenAI in Quarterly Revenue as OpenAI Pauses Major AI Training Run
Anthropic generated more quarterly revenue than OpenAI for the first time, while OpenAI paused a major AI model training run over growing cybersecurity concerns.
Groq Raises $350 Million at $3.5 Billion Valuation After Nvidia Deal Reshapes the Company
AI chip startup Groq has raised $350 million at a $3.5 billion valuation, nearly half its previous $6.9 billion peak after Nvidia licensed its technology and...
Nvidia Backs Financing for Massive OpenAI Data Center in Ohio
Nvidia is backing financing for a massive OpenAI data center project in Ohio, reinforcing the company's strategy of accelerating AI infrastructure investment.
Stripe Acquires OpenRouter in Deal Worth More Than $7 Billion
Stripe has acquired AI startup OpenRouter for more than $7 billion, marking one of the largest artificial intelligence acquisitions of the year.