Google Bets $75M on A24 as Hollywood's AI Race Shifts
Google DeepMind's $75M investment in A24 aims to build AI tools shaped by filmmakers rather than imposed on them, as studios race to stake their AI positions across Hollywood.
Articles Tagged "AI Industry"
AI Label Backlash - 60% of US Consumers Are Turned Off
Two major surveys from WordPress VIP and Gartner find a majority of US consumers are put off by AI labels in brand messaging, even as companies race to build AI visibility for search engines.
ChatGPT Falls Below 50% Market Share for First Time
Sensor Tower's State of AI 2026 report shows ChatGPT's True Audience share fell to 46.4% in May as Gemini and Claude eat into OpenAI's lead.
Facebook AI Mode Mines Public Posts With No Opt-Out
Meta launched AI Mode on Facebook, turning billions of public posts into AI-synthesized search answers with no opt-out for the 2 billion daily users whose content powers it.
Microsoft Drops Claude Code as AI Budgets Run Out
Microsoft's Experiences and Devices division is pulling Claude Code from thousands of engineers by June 30, a move driven by token costs that already burned through Uber's entire 2026 AI budget.
Meta's Applied AI Unit Called a Gulag by Its Staff
Meta's 6,500-person Applied AI team, created in March with a join-or-quit mandate, is in revolt: 1,600+ employees signed a petition against keystroke surveillance, bathroom-stall flyers appeared across US campuses, and UK workers began organizing with UTAW.
KPMG Pulls AI Report After Fake Case Studies Found
KPMG retracted its agentic AI report after GPTZero found that 40 of 45 citations were fabricated and case studies about UBS, the NHS, and Transport for London were invented.
Mistral Seeks €3B Round, Valuation Hits €20B
Mistral AI is in talks to raise €3 billion at a €20 billion valuation, nearly doubling its September 2025 price tag in under a year and cementing its status as Europe's most valuable AI company.
ChatGPT Hits 1B Users - Rivals Grow 10x Faster
ChatGPT crossed 1 billion monthly active users in May - the fastest app in history to hit the mark. But Meta AI is growing at 973% and Claude at 640%, against ChatGPT's own 62%.
Bezos Backs Flourish's $500M Bet on Brain-Inspired AI
Jeff Bezos anchored a $500M round for Flourish, a New York startup building Cortex AI from connectomics research, targeting 20-50W operation versus server-rack GPU clusters.
Google Cuts AI Plus to $4.99 - US Price War Begins
Google drops its entry AI subscription 38% to $4.99, undercutting every US rival and bringing the price war that reshaped India to American consumers.
OpenAI Files for IPO, Eyes $1 Trillion Valuation
OpenAI filed a confidential S-1 with the SEC on June 8, targeting a public debut above $1 trillion as early as September 2026, following Anthropic by one week.
