Business

286 Posts

A line graph showing S&P Software & Services Index dropping sharply from February 20 to February 24.
Business

Investors Panic Over Agentic AI: Claude Cowork plugins trigger a SaaS stock selloff, but partnerships lead to slight rebound

Makers of software that runs large companies saw their share prices plunge as investors worried that AI systems could undermine their businesses. This week, their stocks rebounded somewhat as Anthropic partnered with some of the same companies.
Officials and leaders stand together at the India AI Impact Summit 2026 in New Delhi.
Business

Global AI Summit Shows Optimism: Rising giant India presents itself as AI Counterweight to U.S. and China

The fourth global AI summit marked a decisive shift from focusing on theoretical hazards to spreading AI’s benefits throughout the world.
Bar chart showing tech lobbying budgets in 2025, with Meta leading at $26.29M, followed by Amazon and Alphabet.
Business

Big AI Spends Big On Lobbying: Meta, Amazon, Microsoft, Google, and Nvidia pour millions into government influence

Top tech and AI companies spent more than $100 million to influence government policy in 2025, the first time they exceeded that figure.
A SpaceX rocket hovers in Earth’s atmosphere, representing SpaceX and xAI’s strategic shift toward space-based AI projects.
Business

xAI Blasts Off: SpaceX acquires xAI, announces plans for data centers In space

Elon Musk’s SpaceX acquired xAI, opening the door to richer financing of the merged entity’s AI research, a tighter focus on space applications of AI, and — if Musk’s dreams are realized — solar-powered data centers in space.
Chart showing AI system audit assurance levels ranging from limited to very high, with increasing access and more comprehensive assessments.
Business

Toward Consistent Auditing of AI: OpenAI alumni found Averi to set standards for AI model audits

AI is becoming ubiquitous, yet no standards exist for auditing its safety and security to make sure AI systems don’t assist, say, hackers or terrorists. A new organization aims to change that.
Lines connect multiple Wikipedia globe logos, symbolizing data exchange and partnerships.
Business

AI Giants Share Wikipedia’s Costs: Wikimedia Foundation strikes deals with Amazon, Meta, Microsoft, Mistral AI, and Perplexity

On its 25th anniversary, Wikipedia celebrated with high-profile deals to make its data easier for AI companies to train their models in exchange for financial support.
UCP diagram outlines processes, from product discovery to identity linking and order management.
Business

Shopping Protocols for AI Agents: Google’s open-source UCP (Univeral Commerce Protocol) standardizes AI transactions

Google introduced an open-source protocol designed to enable AI agents to help consumers make purchases online, from finding items to returning them if necessary.
Apple logo side by side with Google's logo, symbolizing their AI partnership.
Business

Apple’s Foundation Models Will Be Gemini: Apple announced a partnership with Google to power Siri and other AI features

Apple cut a multi-year deal with Google to use Gemini models as the basis of AI models that reside on Apple devices.
ChatGPT interface on a phone displays a conversation and a sponsored grocery ad at the bottom of the screen.
Business

ChatGPT Shows Ads: OpenAI tests advertisements for U.S. chatbot users in free and lower-cost tiers

AI has a new revenue stream, and it looks a lot like old web banner ads.
Meta's infinity loop logo adorned with a snapping hand icon on a light gradient background.
Business

Meta Moves to Buy Agent Tech: Meta strikes a deal to acquire Manus, a Singapore-based agentic AI startup with Chinese origins

A high-profile acquisition could enable Facebook, Instagram, and WhatsApp to offer built-in agents that do users’ bidding.
A blue caduceus with AI logos, representing OpenAI and Anthropic's healthcare innovations.
Business

AI Giants Vie for Healthcare Dollars: OpenAI and Anthropic release new chatbots targeting medical and wellness markets

OpenAI and Anthropic staked claims in the lucrative healthcare market, each company playing to its strengths by targeting different audiences.
David Cox is pictured during a discussion in a glass-walled office, aligned with themes of open-source innovation and teamwork.
Business

Open Source Wins by David Cox: David Cox, VP for AI Models at IBM Research, on the need for open development in AI

My hope is that open AI continues to flourish and ultimately wins.
Two snow-covered tree plantations divided by a large wall under a clear blue sky.
Business

China’s AI Chip Industry Takes Root: China banned GPUs and TPUs from U.S. manufacturers to promote domestic chips

The United States government’s effort to deprive China of AI computing power backfired as China turned the tables and banned U.S.-designed chips.
Mice on a laptop keyboard explore, with code on screen; background features festive lights, presents.
Business

Agents Write Code Faster, Cheaper: Software developers used more versatile AI-powered tools to write code

Coding apps moved beyond autofill-style code completion to agentic systems that manage a wide range of software development tasks.
Snow-covered wood stacks surround a person with an axe, standing by a small fire in a forest setting.
Business

Data-Center Buildout Goes Big: AI’s growth spurred infrastructure investment worldwide

Top AI companies announced plans to build data centers that are projected to burn through trillions of dollars and gigawatts of electricity in the next few years.
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