BusinessOpenAI and Anthropic Cut Model Prices, Lowering Operating Costs for Enterprise AI AgentsOpenAI introduced GPT‑6 Sol and GPT‑6 Luna with list API prices the company says are 50% lower than the promotional rates for GPT‑5.6 Sol and Luna, while Anthropic released Claude Opus 5.5 with typical‑use cost reductions of about 40% versus Opus 5.3 min read
BusinessEma raises $77M to expand AI agent platform that automates enterprise processesEma, a startup that coordinates teams of AI agents to automate HR, IT and finance workflows, closed a $77 million Series B led by Creaegis.3 min read
BusinessOpenAI launches ChatGPT Ads in seven Southeast Asian markets and TaiwanOpenAI is expanding ChatGPT Ads to Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Taiwan, bringing the advertising product to over 60 countries.2 min read
BusinessAirbnb Expands Access to OpenAI Frontier Models, Including GPT-6 AstraAirbnb has broadened access for its engineering and product teams to OpenAI frontier models such as GPT‑6 Astra via OpenAI APIs and Amazon Bedrock.2 min read
BusinessSmaller AI-Adjacent IPOs Delayed as Investors Concentrate on Big NamesTwo companies connected to the AI ecosystem have postponed planned stock-market listings after investor interest softened, while other financing tied to AI investment shows robust demand.2 min read
BusinessOpenAI's goal: best models across every price tier and modalityAccording to OpenAI's announcement, the OpenAI API aims to offer the best model at every price point and in every modality (text, code, image, video, etc.).1 min read
BusinessSnorkel AI raises $350M at $3.5B valuation as demand for training data surgesSnorkel AI closed a $350 million Series E round that values the company at $3.5 billion, nearly triple its valuation 17 months earlier.2 min read
BusinessGates Foundation Pledges $1 Billion to Boost AI for Africa, Citing Data GapsThe Bill & Melinda Gates Foundation says African economies risk being sidelined by AI systems trained predominantly on English‑language data.2 min read
BusinessSoftBank plans over $11 billion junk-bond sale to help fund OpenAI investmentTokyo-based SoftBank intends to raise more than $11 billion through high-yield bond issuances to partly finance a forthcoming investment in OpenAI.2 min read
BusinessRevolut’s Nik Storonsky on building a low‑risk, capital‑efficient global bankRevolut founder and CEO Nik Storonsky described to the Financial Times how he has structured the company as a low‑risk, capital‑efficient digital bank while pursuing global expansion and licensing.3 min read
BusinessOpenAI plans massive losses and spending between 2026 and 2030OpenAI projects a cumulative negative free cash flow of $278 billion for 2026–2030 as it scales computing and infrastructure to support advanced AI models.2 min read
BusinessBolt and Lucid sign preliminary deal to pursue at least 25,000 robotaxis across EuropeBolt and Lucid have signed a non‑binding agreement to deploy at least 25,000 autonomous taxis in Europe, a move Lucid says could help stabilise its finances.3 min read