Krea Launches First Generative AI Model as Startup Shifts to AI Research Lab
Krea, a 37-person startup, has released its first generative AI model while transitioning into a full-fledged AI research lab. With $83 million raised...
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Elon Musk Leases SpaceX Data Center to Anthropic as Grok Usage Lags, Signaling AI Market Shifts
Elon Musk’s xAI is leasing over 300 megawatts of computing power from SpaceX’s Colossus 1 data center to Anthropic, highlighting Grok’s underutilizati...
Anthropic Secures $200B Deal with Google for AI Chips and Cloud Access
Anthropic has reportedly agreed to a five-year, $200 billion deal with Google for AI chips and cloud access. This circular agreement is part of a grow...
Why AI Startups Are Spending Millions on Luxury Offices Despite Remote Work Trends
AI startups are leasing oversized, high-end Manhattan offices despite having small teams and remote-friendly operations. Venture capital funding fuels...
AI Industry Faces Reckoning as Costs Rise with Usage-Based Billing Models
AI companies that once offered cheap or free access to their models are now shifting to usage-based billing as costs escalate. GitHub Copilot’s new to...
Google to Invest $40 Billion in AI Rival Anthropic Amid Cloud Computing Push
Google plans to invest up to $40 billion in Anthropic, including an immediate $10 billion commitment, with the remaining $30 billion tied to performan...
AI’s Free Ride Ends: Rising Costs Threaten the Future of Tokenmaxxing
Tech companies are abandoning the practice of measuring productivity by AI token usage, dubbed 'tokenmaxxing,' as soaring data center costs force AI p...
AI Compute Shortage Hits Economy: Rising Costs, Restricted Access, and Industry Fallout
Startups are shifting spending from hiring to AI compute tokens, but unsustainable pricing models are collapsing. Tech giants like GitHub, Anthropic,...
OpenAI’s ChatGPT Ads Generate $100M in Two Months, Forecast $100B by 2030
OpenAI has raked in $100 million in ad revenue from ChatGPT in just two months, with projections suggesting $2.5 billion by 2026 and $100 billion by 2...