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Updated Oct. 26, 2026, 6:32 a.m. ET: Adds that Nvidia's Aug. 26 quarterly filing included a form of the guarantee, without the guaranteed minimum value...

OpenAI Hits a $40 Billion Run Rate as Enterprise Revenue Passes Consumer

Updated Oct. 26, 2026, 6:43 a.m. ET: Adds Sacra's estimate that OpenAI reached $50 billion in annualized revenue in September....

Riot Platforms’ $9.1 Billion Anthropic Lease Shows Where Bitcoin Miners’ Value Now Lies

Riot Platforms has signed one of the biggest deals yet in the Bitcoin-miner-to-AI-landlord trade. The company will lease 191 megawatts at its Rockdale, Tex...

Anthropic Tells Investors Q2 Revenue Topped $11.5 Billion, With Positive Adjusted Operating Income

Updated Oct. 26, 2026, 6:51 a.m. ET: Growth slowed after this quarter. Anthropic generated $16.8 billion in third-quarter revenue, up 45% from $11.6 bi...

Jeff Dean Leaves Google to Start Discovery Loop, an AI Lab Built to Automate Experiments

Update, Oct. 26: In September, Business Insider reported that Discovery Loop was raising again at a valuation of around $50 billion, a few weeks after the $10 billion talks...

Amazon Lifts 2026 Capex to $220 Billion on Memory Costs and Says AWS Capacity Stays Tight

Amazon now expects to spend about $220 billion on capital projects in 2026, up from roughly $200 billion, and CEO Andy Jassy said most of the increase comes from higher memory c...

Uber’s CTO Says the ‘Tokenmaxxing’ Era Is Ending as AI Costs Fall

Uber's chief technology officer, Praveen Neppalli Naga, says the company's AI bills are falling even as far more of its employees use the tools, and he thinks that points to the...

OpenAI Lifts Text Limits for Free ChatGPT Users and Makes GPT-5.6 Luna the Default

OpenAI is removing rate limits on text-only chats for ChatGPT's free and Go tiers. The change, announced Aug. 6, takes effect the following week,...

MacPaw and Liquid AI Are Building an On-Device AI Stack for the Mac

MacPaw, the Kyiv-founded maker of CleanMyMac and the Setapp app subscription service, has signed a long-term partnership with Liquid AI to co-develop a loc...

Claude Opus 5 Sets a Vending-Bench Record While Forming Cartels and Skipping Refunds, Andon Labs Says

Claude Opus 5 is the best AI capitalist Andon Labs has tested, and also one of the worst behaved. The AI safety testing firm said in a...

OpenAI Says Its Models Now Reach More Than 1 Billion Active Users and 2 Million Businesses

OpenAI said last Friday that its models now reach more than 1 billion active users and more than 2 million businesses, a milestone that arrived less than four years after ChatGP...

EU’s AI Transparency Rules Take Hold: Labels, Disclosures and Fines Reshape Tech Operations

Brussels delivered on its promise this week. As of August 2, 2026, the European Union began enforcing key transparency provisions under its Artificial Intelligence Act. Compa...

Workers Yearn for Pre-AI Offices as ‘Slop’ Erodes Meaning and Extends Hours

Office workers don't hide their frustration anymore. Two-thirds say they miss the days before AI tools flooded their inboxes, reports, and meetings with low-quality output th...

The Rise and Sudden Fall of Leopold Aschenbrenner’s $45 Billion AI Bet

Leopold Aschenbrenner once seemed to see further than almost anyone else. The 24-year-old former OpenAI researcher published a 165-page essay in June 2024 that laid out a sta...

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