Browsing: AI industry

Anthropic files IPO plans as AI competition intensifies, positioning itself against OpenAI while expanding artificial intelligence services.

Satya Nadella revealed Microsoft prepared a $25 billion backup plan after Sam Altman’s sudden removal from OpenAI leadership.

Nvidia signals final investments in OpenAI and Anthropic as AI firms prepare for IPOs amid rapid growth in global AI infrastructure.

Elon Musk’s xAI cuts 500 data annotators in a controversial layoff, pivots to domain specialists, and faces leadership, stability, and political criticism.

OpenAI has subpoenaed Meta over alleged talks with Elon Musk and xAI about financing his rejected $97.4 billion takeover bid, intensifying the ongoing AI legal battle.