DeepSeek Locks 75% V4-Pro Discount - API War Escalates
DeepSeek makes its 75% V4-Pro discount permanent, leaving output tokens 34x cheaper than GPT-5.5 and resetting market expectations for enterprise API costs.
Articles Tagged "AI Industry"
Qualcomm Hits Record High as AI Device Bet Pays Off
Qualcomm stock surged 12% to an all-time high on May 22 and is now up 75% in a month, driven by an OpenAI smartphone deal, a Stellantis car contract, and a data center chip push - forcing Wall Street to rethink a company it had written off.
AI Startups Are Gaming Revenue and VCs Look Away
AI founders are reporting contracted ARR as actual revenue, inflating public figures by 3-5x - and their investors know it.
Spotify Strikes AI Music Deal With UMG, Stock Surges
Spotify and Universal Music Group sign the first upfront AI licensing deal between a major streaming platform and a label for fan-made covers and remixes, sending SPOT shares up 14%.
Anthropic Nears First Profit as Q2 Revenue Hits $10.9B
Anthropic projects $10.9B in Q2 revenue and its first-ever $559M operating profit, two years ahead of its own 2028 guidance - but the xAI compute bill arrives in full next quarter.
Karpathy Joins Anthropic to Lead Pre-Training Push
Andrej Karpathy, OpenAI co-founder and former Tesla AI director, joins Anthropic's pre-training team to build a research program that uses Claude to accelerate its own training.
LetinAR Scores $18M for the Optics Behind AI Glasses
South Korean startup LetinAR raises $18.5M to scale its PinTILT optical modules, which already power AI glasses and AR helmets as shipments hit 8.7 million units globally in 2025.
OpenAI May Sue Apple as ChatGPT-Siri Deal Implodes
OpenAI hired outside lawyers to explore a breach-of-contract case after its ChatGPT-Siri integration failed to generate anything close to the billions in subscription revenue it expected.
Anthropic and Gates Foundation put $200M on global AI
Anthropic commits $200M in grants, Claude credits, and technical support to the Gates Foundation for AI in global health, education, and agriculture over four years.
Anthropic Tops OpenAI in Business Adoption for First Time
Ramp's May 2026 AI Index shows 34.4% of businesses now pay for Anthropic, edging out OpenAI at 32.3% - the first time Anthropic has led in enterprise adoption.
Altman: Musk Wanted 90% of OpenAI From the Start
Sam Altman testified that Elon Musk demanded majority control of OpenAI from the beginning, with an opening ask of 90% equity - a revelation that reframes the entire lawsuit.
Pwn2Own 2026 Capacity Overflow, Hackers Drop 0-Days Solo
Pwn2Own Berlin 2026 hit a hard submission cap for the first time in 19 years. Rejected researchers are now publishing working zero-days directly, breaking the contest's secrecy norms.
