37 stories found
AI startup Anthropic is reportedly aiming for a $2 trillion valuation in a potential IPO within the next two years, a move that would position it as a major competitor to OpenAI and DeepSeek. This ambitious target is being defended by early backers despite the significant financial hurdle.
Meta has launched a new, powerful open-source AI model designed for personal computers, with Mark Zuckerberg expressing surprise at the prevalent 'doom' discourse surrounding AI. Separately, Zuckerberg's superyacht crew faced scrutiny for allegedly not responding to a distress call from a stranded boat in Alaska.
EU antitrust regulators have mandated that Meta provide rival AI companies, including OpenAI, with free access to WhatsApp's business API, following an investigation into claims that Meta unfairly favored its own AI assistant and aiming to ensure fair competition.
Apple has voiced criticism regarding new European Union measures designed to facilitate access for its AI rivals to Google's services. The company's stance highlights ongoing tensions between tech giants and regulatory bodies over competition and market access.
Google gets pointers from EU regulators on helping AI rivals access services Reuters
Tesla reported profits that exceeded forecasts, signaling a rebound in EV demand, while Elon Musk announced significant future spending plans for AI, robotaxis, and a partnership with Intel for its 14A chip technology in the Terafab project. This strategic shift comes as the company transitions towards advanced autonomous driving and manufacturing.
Microsoft CEO Satya Nadella has reportedly launched an emergency overhaul, dubbed 'Copilot Code Red,' to intensify efforts and gain an edge against competitors in the artificial intelligence market.
Chinese tech companies are engaged in a public dispute as they vie to capitalize on US start-up Anthropic’s decision to withdraw its industry-leading Claude models from the open-source AI agent tool OpenClaw, amidst a global token crunch.
OpenAI is aggressively targeting the enterprise AI market, offering private equity firms a guaranteed 17.5% return to deploy its AI tools, intensifying its competition with rival Anthropic following its Pentagon blacklisting.
The European Commission, the EU’s competition enforcer, last month threatened interim measures to prevent potential serious and irreparable harm to rivals after Meta blocked them from WhatsApp
Meta plans to open its WhatsApp platform to rival AI chatbots, a move aimed at complying with EU regulations and staving off potential antitrust action.
The CFO of RELX asserts that the company's strong data advantage provides a crucial shield against competition from emerging AI-native rivals.
Tech bro rivalry is real, or at least it is for Sam Altman and Dario Amodei, the CEOs of two leading U.S. artificial intelligence startups. A video of the pair at a global AI summ...
Chinese AI models like DeepSeek, Qwen, and Moonshot are raising concerns among US AI rivals due to their lower cost, adaptability, and increasing proficiency, according to recent studies.
The European Union is currently engaged in its eighth enlargement round, while also tackling various internal issues such as housing costs, waste management, and potential changes to mortgage rules. Concurrently, the EU is working on a free trade agreement with Thailand and implementing a National Anti-Fraud Strategy to protect financial interests.
At WWDC 2026, Apple's AI chief Craig Federighi called out OpenAI, Anthropic, and other AI competitors for their approach to user privacy, advocating for Apple's expanded Private Cloud Compute as a more secure alternative.
Palantir Technologies Inc. (PLTR) is reportedly facing questions about whether it is losing its competitive advantage, or "moat," as rival AI companies catch up. The discussion centers on the evolving landscape of the artificial intelligence market and Palantir's position within it.
Google has received guidance from EU regulators on how to facilitate access to its services for artificial intelligence rivals, addressing concerns about competition in the AI sector.
Nvidia has invested $2 billion into a specific chip company, while its competitors in the artificial intelligence chip market are simultaneously attracting record levels of funding. This indicates a period of heightened investment and competition within the AI chip industry.
The Pentagon's recent decision regarding Anthropic is seen as potentially creating opportunities for smaller artificial intelligence companies to gain market share and compete more effectively.
SpaceX has confidentially filed to go public, with prediction markets valuing its potential IPO at over $1 trillion, and some estimates reaching $1.86 trillion, positioning it as potentially one of the largest initial public offerings in history.
Elon Musk playfully jabbed at AI rivals like Nvidia, stating his ventures "study the blade" while others attend conferences. He expressed confidence that SpaceX and xAI will lead the AI race, with xAI training multiple Grok models. Tesla's Terafab project and xAI's hiring of finance professionals for Grok's complex financial modeling capabilities further highlight Musk's ambitious AI push.
Meta Platforms will allow competing artificial intelligence chatbots to operate on WhatsApp in Europe for the next year, aiming to preempt potential interim measures from European Commission antitrust regulators.
Thanks to Nvidia Corp.’s practice of reporting earnings outside of the typical cycle for technology companies, the question of whether the almost $5 trillion company will record strong demand in 2026 had already been safely answered well before its latest announcement on Wednesday.
RELX's CFO states that the company's data advantage provides a shield against competition from AI-native rivals.
US-based AI giants OpenAI and Anthropic are locked in a price war, releasing cheaper models in response to new challenges from Chinese AI competitors who are gaining market share and threatening their trillion-dollar ambitions.
Elon Musk's AI venture has launched Grok 4.5, with Musk taking the opportunity to openly criticize his competitors in the artificial intelligence sector.
SpaceX is reportedly challenging its AI rivals for a significant share of the estimated $26.5 trillion market, indicating its expansion into artificial intelligence.
Chinese AI startup DeepSeek has integrated multimodal capabilities into its flagship chatbot, allowing it to process images and video alongside text, aligning it with other leading AI rivals.
EU’s DMA forces big tech to open to competition, boost consumer choice and curb market dominance abuses
The International Energy Agency (IEA) and other organizations have issued urgent warnings that Europe could run out of jet fuel within six weeks. This potential shortage is a primary concern for the EU, prompting discussions about emergency plans.
CrowdStrike's stock experienced a 7% decline following the release of disappointing earnings reports and intensified pressure from AI rivals in the market.
Meta Platforms, Inc. will reportedly allow rival AI companies to integrate their services on WhatsApp for a year.
Nvidia’s 75% Margin Gives AI Rivals Something to Aim For Bloomberg.com
The U.S. chipmaker has yet to confirm shipments to China despite Washington easing restrictions on exports of advanced chips.