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AI Pricing War Gets Serious as OpenAI and Anthropic Cut Costs
The AI industry is entering a new price war. OpenAI and Anthropic are cutting the cost of some…
Databricks Raises $5 Billion at $190 Billion Valuation as AI Business Booms
Databricks has raised $5 billion in new funding, pushing its valuation to $190 billion. The latest investment shows…
Z.ai’s GLM-5.3 Takes Aim at Anthropic in AI Cybersecurity
China’s Z.ai has released GLM-5.3, a new AI model that is showing strong results in cybersecurity tests and…
Apple Builds China-Specific AI Model With Alibaba’s Help
Apple has trained its own large language model (LLM) specifically for the Chinese market, with support from Alibaba,…
OpenAI Slows AI Model Development After Hugging Face Security Incident
OpenAI is slowing parts of its AI model development and testing after an internal cybersecurity evaluation led to…
Velaura AI Raises $110 Million at More Than $1 Billion Valuation
AI chip startup Velaura AI has raised $110 million in a Series A funding round, pushing the company’s…