As Chinese open-weight AI models grow in capability and popularity, arguments over what should be done about them have once again reached a fever pitch. There is talk that the Trump administration could try to ban them (although it has not yet acted on the idea). Meanwhile, proprietary model makers, particularly OpenAI and Anthropic, seem
Google says its search function is not dead, but thriving. In an earnings conference call on Wednesday, Alphabet CEO Sundar Pichai said Google’s AI-powered features, such as AI overviews and AI mode, were driving growth in search queries. Pichai said he saw this in full effect during the FIFA World Cup that began in June
ServiceNow, the American enterprise software company known for automating workflows such as IT service management and HR operations, is banking on an Indian banking software specialist to deepen its push into global financial services. The company has invested $40 million in BusinessNext, valuing the 24-year-old Indian company at $700 million and taking a stake of
Israeli workplace software maker Monday.com is laying off hundreds of employees as part of a restructuring plan to refocus its investments on artificial intelligence projects. The company said it is reducing its workforce by 20%, or about 630 employees, to “support a more agile and focused operating model” while focusing on its AI workplace platform.
Nearly 200 Silicon Valley companies, including Proton and Y Combinator, are urging the Trump administration not to cut off access to open-source Chinese AI models or risk crippling the next generation of American startups. On Wednesday, the newly formed Little Tech Association sent letters to President Donald Trump, Commerce Secretary Howard Lutnick and other members
Anthropic jumped to a revenue rate of $47 billion in May, up from $9 billion in 2025. It’s the kind of growth Menlo Ventures’ Matt Murphy says he’s never seen in 25 years of investing, not in the Internet wave, not in mobile, not in the first cloud boom. Menlo led Anthropic’s $500 million Series