OpenAI’s revenue chief, Denise Dresser, outlined five priorities for the company’s enterprise business in an internal strategy memo and accused Anthropic of overstating its revenue figures by roughly $8 billion.
By Chris Borden Accenture is monitoring individual AI tool logins and making them a promotion criterion. Those who fail to adapt may be forced to leave.
By Chris Borden World Labs, the AI startup founded by AI pioneer Fei-Fei Li, has raised $1 billion in a new funding round. Investors include Autodesk ($200 million), Andreessen Horowitz, Nvidia, and AMD, the company said in a blog post.
By Chris Borden Anthropic has raised $30 billion in a Series G funding round, valuing the AI company at $380 billion post-money.
By Daniel Mercer Jimmy Ba, co-founder of Elon Musk’s AI startup xAI, has left the company. Ba was one of the twelve original founding members and previously served as an assistant professor at the University of Toronto, where he studied under AI pioneer Geoffrey Hinton.
By Chris Borden It appears that Anthropic is beginning to feel the “OpenAI effect.” Growing commercialization and the need to raise billions of dollars are forcing the company into compromises—such as accepting funding from authoritarian regimes, cooperating with the U.S. Department of Defense and companies like Palantir, or even offering explicit praise for Donald Trump.
By Daniel Mercer OpenAI will not use the name “io” for its planned AI hardware devices. This follows a court filing submitted as part of a trademark lawsuit brought by audio startup iyO, according to Wired. OpenAI had already removed references to the project in June 2025.
By Chris Borden Mining company Cango has sold 4,451 BTC on the open market. The sale represented roughly 60% of the firm’s bitcoin reserves, which previously stood at 7,476 BTC.
By Daniel Mercer “Every company is now an API company, whether it wants to be or not,” OpenAI CEO Sam Altman said, quoting a line that has particularly stuck with him in recent weeks. He made the remark while discussing the impact of generative AI on existing software business models.
By Chris Borden Apple is scaling back its plans for an AI-powered virtual health coach codenamed “Mulberry,” Bloomberg reports. Instead of launching it as a standalone product, the company plans to roll out some of the originally planned features individually within the Health app.
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