AI Economy
Who earns, invests and buys in the AI industry – funding rounds, IPOs, chip deals and what they mean for the job market.
- AI-Economy
Nvidia launches Groq chip – speed record under criticism
Nvidia has transitioned the specialized inference chip Groq 3 LPX into mass production and positions it as a response to the growing demands of AI agents. In the benchmark, the chip achieves 3,400…
- AI-Economy
Nvidia in Talks for $30 Billion Stake in Perplexity
The graphics chip manufacturer Nvidia is reportedly in talks for a billion-dollar stake in the AI search service Perplexity, according to a report by The Information. The negotiated valuation is over…
- AI-Economy
Claude Opus 5 overtakes Fable 5 in corporate spending
Anthropic customers are now spending more on the cheaper model Claude Opus 5 than on the more expensive flagship model Fable 5, an analysis by payment provider Ramp covering 70,000 companies shows…
- AI-Economy
Hugging Face is exploring sale for $13 billion
Hugging Face is reportedly exploring a sale that would value the open AI model platform at least $13 billion, according to a report by Business Insider. The company has hired a bank to gauge the…
- AI-Economy
Nvidia raises prices for AI servers by more than 15 percent
Nvidia has informed several major customers about price increases of more than 15 percent for its AI servers. This was reported by Bloomberg on August 22, 2026, citing people familiar with the…
- AI-Economy
Alibaba sells $10.2 billion in shares to fund AI expansion
Alibaba places new shares worth approximately $10.2 billion on the Hong Kong Stock Exchange on August 23, 2026. The Chinese technology company intends to invest all net proceeds into its own chips…
- AI-Economy
Anthropic hires Google chip veteran Amir Salek for its own chips
Anthropic has recruited former Google manager Amir Salek for its compute team, advancing the establishment of its own chip division. Salek led Google's Tensor Processing Unit program from 2013 to…
- AI-Economy
OpenAI lowers prices for GPT-5.6 Sol: minus 20 percent
OpenAI has reduced the prices of its most expensive language model GPT-5.6 Sol by more than 20 percent on August 21, 2026. One million input tokens will now cost four instead of five US dollars, and…
- AI-Economy
China's Dexmal Aims for a $3 Billion Valuation
The Chinese robotics provider Dexmal is negotiating a new funding round with a target valuation of 20 billion yuan, equivalent to around three billion dollars. This was confirmed by founder and CEO…
- AI-Economy
ChatGPT Ads Arrive in 31 European Countries on August 24
OpenAI will turn on ads in free ChatGPT starting Monday, August 24, 2026, for 31 European countries – after the vague mid-August announcement, this marks the first fixed date. Only the Free and Go…
- AI-Economy
Google secures Marvell warrant worth 12 billion dollars
The chip manufacturer Marvell has granted Google a warrant for up to 58.97 million of its own shares – with a maximum value of around 12.2 billion dollars. The option, issued on August 18, 2026, is…
- AI-Economy
Unitree Stock Soars 460% After Shanghai Debut
The Chinese robot manufacturer Unitree was first traded on the stock market on August 19 and closed its first trading day on the Shanghai STAR Market 460 percent above the issue price. The stock…
- AI-Economy
Samsung falls 7.5 percent: Bond yield at highest level since 2007
The yield on thirty-year U.S. Treasury bonds rose to 5.33 percent on Tuesday, the highest level since 2007. The increased financing costs triggered a sell-off in memory chip stocks in Asia on…
- AI-Economy
Nvidia guarantees 105 billion dollars for OpenAI data center
The location is the former uranium enrichment plant Portsmouth in Pike County, Ohio, as reported by WOSU. From 1954 to 2001, the facility supplied enriched uranium for the U.S. nuclear weapons…
- AI-Economy
Stripe acquires OpenRouter for 7 billion dollars
The payment service provider Stripe is acquiring the AI model gateway OpenRouter for more than seven billion dollars, as reported by Bloomberg citing sources familiar with the matter. The price is…
- AI-Economy
OpenAI's Enterprise Revenue Tops Consumer Sales at $40 Billion
OpenAI's CFO Sarah Friar informed investors on August 14, 2026, that corporate clients are generating more revenue than private users of ChatGPT for the first time. The shift comes about two quarters…
- AI-Economy
Anthropic aims for $200 billion in revenue by 2028
Anthropic is preparing investors for an annual revenue of $190 to $200 billion by 2028, according to a report by the news agency Reuters. Banks and investors base this forecast on the valuation for…
- AI-Economy
SpaceX completes Cursor acquisition for $60 billion
SpaceX completed the full acquisition of the AI coding tool Cursor on August 14, 2026. The aerospace company is paying 60 billion dollars exclusively in its own shares and will assign the company to…
- AI-Economy
OpenAI starts advertising in ChatGPT for Europe from August
OpenAI announces that starting at the end of August 2026, it will also display ads in the free ChatGPT plans in the European Union, the rest of the European Economic Area, and Switzerland. Affected…
- AI-Economy
OpenAI Plans Second Office in Berlin – Data Center in Discussion
OpenAI CEO Sam Altman announced in a Handelsblatt interview on August 14, 2026, a second German office in Berlin, in addition to the existing location in Munich. Germany ranks among the three largest…
- AI-Economy
IBM Embeds GPT-5.6 and Codex in Global Consulting Arm
IBM and OpenAI are joining forces in the enterprise customer business: The consulting firm is integrating the language models GPT-5.6, the programming assistant Codex, and the agent ChatGPT Work into…
- AI-Economy
Manus leaves Meta after blockade by China
The Chinese AI agent provider Manus is returning to independence after the forced separation from Meta. The company announced on August 11 that it has completed the buyback by former investors…
- AI-Economy
AI Stock Week: Broadcom Falls 5.5 Percent, AMD Gains 3.7 Percent
The trading week through Friday, August 14, 2026, was uneven across the observed AI stock catalog. The chip sector stood out most: Broadcom lost 5.5 percent, while competitor AMD gained 3.7 percent …
- AI-Economy
Lovable raises $400 million, backed by the EU
The Swedish AI startup Lovable has completed a Series C funding round of $400 million, as the company announced on its own blog. The new valuation of $13.3 billion is double that of December 2025…
- AI-Economy
Uber and Pony.ai bring 2000 robotaxis to Europe
Uber and the Chinese company Pony.ai want to deploy more than 2000 driverless robotaxis in Europe. The service is set to expand from the Croatian capital Zagreb, where it is already operating…
- AI-Economy
Cognition negotiates valuation of 40 billion dollars
The US software company Cognition is reportedly negotiating a new funding round, according to a Bloomberg report – with a valuation of at least 40 billion dollars. This would be more than one and a…
- AI-Economy
Google Gemini reaches one billion users per month
Google's AI assistant Gemini has reportedly surpassed the mark of one billion monthly active users for the first time, according to its parent company. CEO Sundar Pichai described the app as the…
- AI-Economy
Mistral offers corporate clients guaranteed EU data processing
The French AI provider Mistral has completely separated data processing for customers by region since August 11, 2026, and has set up separate access points for Europe and the USA. Additionally, a…
- AI-Economy
Thrive Holdings secures $2 billion for AI transformation of companies
The New York investor Thrive Holdings is receiving fresh capital to transform accounting and IT companies with artificial intelligence. As the company announced on August 12, 2026, two billion…
- AI-Economy
River AI receives $1.1 billion for open AI models
The AI startup River AI has raised $1.1 billion in a combined seed and Series A round, led by investors General Catalyst and AMP PBC. Chip manufacturers Nvidia and AMD Ventures are also strategically…
- AI-Economy
Oracle cuts jobs again to finance the expansion of AI
The software and cloud company Oracle is preparing another round of layoffs, according to a report by Business Insider, which is intended to finance the billion-dollar investments in AI data centers…
- AI-Economy
Uniper transforms ten power plants into AI data centers
The energy company Uniper is building data centers at its own power plant locations, positioning itself as an infrastructure provider for the AI economy. The company has identified more than ten…
- AI-Economy
Nvidia mobilizes 500 billion dollars for AI data centers
Nvidia has agreed on new financing platforms for AI data centers with six financial firms on August 10, 2026. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR are to provide more…
- AI-Economy
Anthropic builds data centers with Macquarie and GIC
Anthropic is founding a new joint venture for data centers with the financial investor Macquarie Asset Management and the sovereign wealth fund GIC: Theseus Infrastructure. The platform is set to…
- AI-Economy
Amazon builds gas power plant with 33 million tons of CO2 per year
Amazon is building its own gas power plant in Pecos County, Texas, to supply power to a new AI data center. The environmental permit allows for emissions of up to 33 million tons of carbon dioxide…
- AI-Economy
Germany raises AI Gigafactory funding to one billion euros
The federal government is increasing its funding commitment for a German AI gigafactory by around 200 million to one billion euros. This was announced by the Federal Ministry of Research according to…
- AI-Economy
Zoox starts first paid robotaxi rides in Las Vegas
Zoox is launching the first paid ride service with a fully autonomous vehicle that has no steering wheel or pedals in the United States, starting in Las Vegas. The US National Highway Traffic Safety…
- AI-Economy
Unitree starts IPO: 9 billion dollar valuation
The Chinese robotics manufacturer Unitree has set the issue price for its IPO at 150.80 Yuan per share, achieving a valuation of approximately nine billion dollars. Starting August 10, retail…
- AI-Economy
Nvidia invests 3 billion dollars in power company Lancium
Two US tech companies secure their own power capacities for their data centers this week: Nvidia is investing in a utility in Texas, while Amazon is building its own gas power plant there. The chip…
- AI-Economy
OpenAI acquires NextSlide – deal was already months old
OpenAI has acquired the presentation startup NextSlide and integrated its team into the ChatGPT development. Founder Ahmed Beshry confirmed the move on August 8, 2026 – in his own words, with a delay…
- AI-Economy
Anthropic secures computing power for 10 billion dollars
Anthropic has secured multi-billion dollar data center capacity from the just seven-month-old startup Volta, according to Bloomberg sources. The $10 billion contract runs for six years and provides…
- AI-Economy
Anthropic builds its own chip design team for Claude
Anthropic has officially confirmed that it is building its own team to design custom AI chips. According to the company, inference costs for the Claude language model are expected to fall by up to 50…
- AI-Economy
OpenAI plans speaker in donut shape for over 300 dollars
OpenAI plans its first hardware product as a donut-shaped speaker without a screen, as a report from the news agency Bloomberg from August 6 shows. The device is expected to cost over 300 dollars…
- AI-Economy
AMD acquires AI chip startup Taalas from Toronto
The semiconductor company AMD is acquiring the Canadian chip specialist Taalas, which does not load language models onto graphics processors but instead burns them directly into the circuits of its…
- AI-Economy
Tesla and SpaceX Build Chip Factory Terafab for 16.8 Billion Dollars
Tesla and SpaceX, together with Elon Musk's AI company xAI, are building a new chip factory named Terafab in Grimes County, Texas. The first construction phase costs 16.8 billion dollars, and later…
- AI-Economy
Google Ties $200 Billion in Loans to Anthropic Chip Deal
Google, together with Broadcom, Apollo, Blackstone, and Morgan Stanley, has assembled a web of contracts worth around 200 billion dollars to supply the AI provider Anthropic with computing chips…
- AI-Economy
The 10 Most Valuable AI Companies from Germany
Germany was long seen as a straggler in the global AI race – the result of a chain of neglected compute infrastructure, federal friction and regulation ahead of enabling conditions. In 2026 the…
- AI-Economy
Google loses AI pioneer Jeff Dean to new startup
Google's chief scientist Jeff Dean is leaving the company after 27 years and is founding his own AI research start-up called Discovery Loop with long-time Google Fellow Sanjay Ghemawat. The company…
- AI-Economy
Anaconda Acquires AI Security Provider Enkrypt AI
Anaconda announced the acquisition of the AI security provider Enkrypt AI on August 4, 2026, and is integrating its testing tools into its own development platform. According to its own statements…
- AI-Economy
Valar Atomics secures one billion for AI nuclear reactors
Valar Atomics has closed a Series B funding round of one billion dollars led by Sequoia Capital, the company announced on August 3, 2026. The reactor startup's valuation triples to six billion…
- AI-Economy
Amazon completes $50 billion investment in OpenAI
Amazon has fully completed its investment in OpenAI: the cloud and commerce giant paid out the final tranche of 35 billion dollars at the end of July, according to an SEC filing dated July 31, 2026…
- AI-Economy
Google cancels AI Studio app – despite 800,000 pre-orders
Google cancels the planned app AI Studio for iOS and Android even before its market launch, although around 800,000 users had pre-registered. The features for building custom apps via AI prompts will…
- AI-Economy
Aschenbrenner AI fund falls from 45 to 10 billion dollars
The AI-focused hedge fund Situational Awareness, founded by investor Leopold Aschenbrenner, has shrunk from 45 to around 10 billion dollars within a few days. Losses in semiconductor and AI…
- AI-Economy
Amazon increases AI investments to 220 billion dollars
Amazon has raised its planned investments in data centers and artificial intelligence for the current year from $200 billion to $220 billion. The company announced this on Thursday when presenting…
- AI-Economy
OpenAI lowers GPT-5.6 prices: Luna 80 percent cheaper
Three weeks after the launch of the GPT-5.6 family, OpenAI has significantly reduced the prices for two of its models. Starting July 30, 2026, Luna will cost 80 percent less via the API, and Terra…
- AI-Economy
Meta: Free Cash Flow Collapses 91 Percent on AI Investments
Meta reported a revenue of $60.8 billion in the second quarter of 2026, an increase of 28 percent compared to the previous year. Free cash flow plummeted by 91 percent to $784 million during the same…
- AI-Economy
Amazon: AI project exceeds budget by 860 percent
Amazon has identified several AI projects with drastic cost overruns, according to its own statements. One initiative, which aimed to match author data with product data using Anthropic's language…
- AI-Economy
EU tenders seven AI gigafactories worth 30 billion euros
The EU has opened its call for up to seven AI gigafactories. Consortia and special purpose vehicles can bid until November 12, 2026, with selection due in early 2027. Investment of more than 30…
- AI-Economy
Monday.com lays off 620 positions for AI work platform
The project management provider Monday.com from Tel Aviv is radically restructuring its business: One-fifth of the workforce will lose their jobs as part of a new AI strategy. The publicly traded…
- AI-Economy
Anthropic launches Claude Opus 5 at half the price of Fable 5
Anthropic launches a new AI model with Claude Opus 5 that approaches the performance of the top model Fable 5 – at half the price. The company maintains the costs of the predecessor Opus 4.8: five…
- AI-Economy
OpenAI Presence takes over 75 percent of support calls
OpenAI introduced a new platform for businesses called Presence on July 22, 2026, which integrates AI agents for phone and chat support firmly into internal systems. The service monitors interactions…
- AI-Economy
Google launches Gemini 3.6 Flash and cheaper Flash-Lite
Google presented two new AI models on July 21, 2026: Gemini 3.6 Flash and Gemini 3.5 Flash-Lite replace the previous Flash variants. The output price of Flash drops from nine to $7.50 per million…
- AI-Economy
Anthropic surpasses Nvidia in US lobbying expenditures
Anthropic spent $1.97 million on lobbying in Washington in the second quarter of 2026, surpassing chipmaker Nvidia for the first time, which spent $1.25 million. OpenAI reached $1.2 million in the…
- AI-Economy
Microsoft invests billions in Mistral's expansion in Europe
Microsoft and the French AI provider Mistral significantly expanded their strategic partnership on July 21, 2026. A multibillion-dollar agreement gives Microsoft access to Mistral's European data…
- AI-Economy
Google builds AI chip Frozen v2 – up to ten times more efficient
Google is reportedly developing its own AI chip codenamed Frozen v2, which firmly embeds the architecture of the language model Gemini into the circuitry, according to a report from the trade…
- AI-Economy
Tempus AI acquires Personalis for $1.5 billion
The AI diagnostics company Tempus AI is acquiring the California-based cancer test specialist Personalis for $1.5 billion in a stock transaction, as both companies announced on July 20, 2026…
- AI-Economy
Nvidia holds 9.3 percent in AI cloud provider Nebius
The chip manufacturer Nvidia holds a 9.3 percent stake in Dutch AI cloud operator Nebius, according to a filing submitted to the US Securities and Exchange Commission (SEC) on July 20. Most of the…
- AI-Economy
Microsoft deploys AMD server system Helios in Azure
Microsoft is expanding its cloud platform Azure in the second half of 2026 with AMD's new Helios rack system. Each rack consolidates 72 Instinct-MI455X accelerators for 1.4 ExaFLOPS of computing…
- AI-Economy
SAP completes Prior Labs acquisition: 1 billion euros for AI lab
The software company SAP has completed the acquisition of Freiburg-based AI startup Prior Labs. According to its own statements, the company is investing more than one billion euros over four years…
- AI-Economy
Moonshot AI Plans IPO in Hong Kong: $30 Billion
The Chinese AI provider Moonshot AI is preparing an IPO in Hong Kong and has sent shareholders a resolution proposal. The news agency Bloomberg reported this, citing people familiar with the matter…
- AI-Economy
Kimi K3: Moonshot stops new subscriptions due to GPU shortage
Moonshot AI has temporarily halted new registrations for its AI model Kimi K3. The chatbot provider is responding to a wave of demand that pushed its own graphics processors to their limits within 48…
- AI-Economy
Anthropic secures Fable 5 from July 20 – only for Max and Premium
Anthropic is making Fable 5 a permanent part of the Max and Team Premium plans starting July 20, 2026, capped at half of the usual usage limits. Anyone paying for a Pro or Team Standard plan instead…
- AI-Economy
What is Starcloud? Data Centers in Space Explained
Starcloud is a US start-up founded in 2024 that aims to build data centers directly in Earth orbit. The idea: server satellites with their own solar panels are meant to process AI workloads where…
- AI-Economy
Apple Briefly Overtakes Nvidia as World's Most Valuable Company
Apple surpassed Nvidia in market value on Friday, briefly becoming the world's most valuable company. The chipmaker's stock fell nearly five percent at one point after the new Chinese AI model Kimi…
- AI-Economy
Nasdaq Falls 3 Percent: Doubts Over AI Investment Returns
The Nasdaq Composite fell by almost three percent in the past trading week, while the Philadelphia Semiconductor Index even dropped by 8.5 percent. Investors are increasingly doubting whether the…
- AI-Economy
Bunkerhill Health raises $55 million for clinic AI
The US start-up Bunkerhill Health has raised additional capital in a Series B round led by Khosla Ventures, increasing its total funding to 55 million dollars. The Carebricks platform lets hospitals…
- AI-Economy
Fireworks AI reaches a valuation of 17.5 billion dollars
The AI infrastructure provider Fireworks AI has completed a Series D funding round of $1.5 billion, resulting in a valuation of $17.5 billion. The valuation has quadrupled within eight months…
- AI-Economy
OpenAI CFO presents four questions about the value of AI
OpenAI's CFO Sarah Friar presented a new framework for evaluating corporate investments in artificial intelligence on July 17, 2026. Instead of token prices or pure usage numbers, four questions are…
- AI-Economy
Netflix uses AI in 300 productions: Costs halved
Netflix disclosed in the shareholder letter for the second quarter of 2026 that generative AI was used in around 300 films and series this year. According to co-CEO Ted Sarandos, the docuseries "The…
- AI-Economy
Meta negotiates $10 billion deal with Anthropic
Meta and Anthropic are reportedly negotiating a computing power deal worth up to ten billion dollars, according to consistent media reports. Anthropic is expected to pay for the capacity from Meta's…
- AI-Economy
Nvidia delivers 27,500 Rubin chips to Japan for national AI factory
Nvidia is building, together with the Japanese corporate consortium Noetra and the government in Tokyo, what it claims to be the world's first state-funded AI factory. The facility combines 27,500…
- AI-Economy
Anthropic starts investor meetings ahead of IPO in October
Anthropic has reportedly begun investor meetings for a potential IPO, according to a report by Bloomberg News. Morgan Stanley, Goldman Sachs, and JPMorgan Chase are leading the banking consortium…
- AI-Economy
OpenAI develops movable AI speaker without screen
OpenAI is developing its first own hardware product, according to a report by the news agency Bloomberg: a movable speaker without a screen, meant to serve as a constant AI companion in the home. The…
- AI-Economy
Anthropic Recruits Monzo Founder Blomfield for Compute Team
The British fintech founder Tom Blomfield is moving from Y Combinator to Anthropic and will work on the compute team on the computing capacity for Claude. He announced this himself on July 13, 2026…
- AI-Economy
Nous Research aims for $1.5 billion valuation for Hermes
The AI startup Nous Research is reportedly negotiating a new funding round of at least $75 million, according to a report by TechCrunch. The valuation of the company behind the open AI agent Hermes…
- AI-Economy
Microsoft CEO Nadella warns of cost trap in AI usage
Microsoft CEO Satya Nadella has warned companies in a blog post published on July 12, 2026, about a cost trap with commercial AI models. Those who use external systems not only pay with money but…
- AI-Economy
DeepSeek aims for $70 billion valuation – weeks after record round
DeepSeek is already negotiating fresh capital about six weeks after its first major external financing. The news agency Reuters reports, citing the Financial Times, of a new round amounting to…
- AI-Economy
Anthropic Launches Claude for Teachers for US Schools
Anthropic is bringing Claude for Teachers, a free AI tool for educators, to US schools. Verified K-12 teachers gain free access to features for lesson planning and differentiation. Until now, these…
- AI-Economy
PixVerse Raises $439 Million for AI Video Platform
Singapore-based AI video startup PixVerse has extended its Series C funding round to a total of $439 million, TechCrunch reports. The company's valuation climbs past two billion dollars for the first…
- AI-Economy
Intel Invests €5 Billion in AI Chip Plant in Ireland
Intel is investing €5 billion to expand its chip plant in Leixlip near Dublin, the company announced in a press release. The expansion upgrades the existing factory to manufacture Xeon 6 series…
- AI-Economy
Anthropic Introduces Rupee Pricing for Claude in India
Anthropic has started showing users in India rupee prices for Claude this week, ranging from roughly 2,000 to about 24,000 rupees per month, TechCrunch first reported. An annual subscription to the…
- AI-Economy
S&P Downgrades Oracle to BBB- Over OpenAI Risk
Rating agency S&P Global downgraded Oracle's creditworthiness from BBB to BBB- on July 9, 2026, just one notch above junk status. S&P cites Oracle's growing dependence on OpenAI, which by its own…
- AI-Economy
TSMC Reaches 36 Percent More Revenue Amid AI Demand
Taiwanese contract chipmaker TSMC reported consolidated revenue of about $39.6 billion for the second quarter of 2026, up 36 percent from the same period last year. In June alone, revenue jumped 67.9…
- AI-Economy
SpaceX Aims for Data Centers in Orbit – Experts Are Skeptical
SpaceX says it plans to deliver one gigawatt of compute capacity for artificial intelligence using satellites in Earth orbit by the end of 2027. The first craft in the series, AI1, is set to launch…
- AI-Economy
Apple Plans M7 Ultra With 1.5 Terabytes of Memory for AI
Apple is working on a new chip called the M7 Ultra that will support up to 1.5 terabytes of memory, according to a report from Bloomberg journalist Mark Gurman. That would be roughly double the…
- AI-Economy
Samsung Raises AI Memory Prices by Up to 20 Percent
Samsung is backing price increases of 15 to 20 percent for HBM4 memory chips in the second half of 2026, according to a report by trade publication DigiTimes, because demand for AI accelerators is…
- AI-Economy
Google Opens AI Lab for African Startups in Accra
Google has opened its first Applied AI Lab for Africa in Accra and is accepting applications from startups and researchers until August 31, 2026. Selected teams get early access to Google's AI…
- AI-Economy
Claude Code: US software jobs grow by 15 percent
Job postings for software developers in the USA have increased by nearly 15 percent since February 2025, while the overall job market shrank by seven percent during the same period. This is shown by…
- AI-Economy
SK Hynix raises $26.5 billion in its Nasdaq debut
SK Hynix started on July 10, 2026, with depositary receipts on Nasdaq. The company raised $26.5 billion – the largest IPO of a foreign company in the history of US stock exchanges. The stock rose…
- AI-Economy
Tencent negotiates Manus buyback – after Beijing's Meta intervention
Tencent is negotiating with Manus' early investors ZhenFund and HSG for the buyback of the Chinese AI agent startup from Meta – for at least two billion dollars. Beijing had previously instructed…
- AI-Economy
Zhipu announces new AI research direction despite stock crash
Zhipu co-founder Tang Jie announces the "Touch-High" plan in an internal letter to all employees: The Chinese AI company will focus on AGI research for two years instead of rapid commercialization…
- AI-Economy
OpenAI shuts down Atlas browser after nine months
OpenAI is discontinuing the standalone browser ChatGPT Atlas on August 9, 2026, nine months after its launch in October 2025. The company announced the move on July 9, 2026, along with several new…
- AI-Economy
OpenAI manager Fidji Simo shifts to part-time advisory role
Fidji Simo, responsible for the entire application business at OpenAI, is leaving her full-time position and will now only work as a part-time consultant for the company. The trigger is a relapse of…
- AI-Economy
AWS presents GraphRAG blueprint for pharmaceutical research
AWS presented a reference architecture for pharmaceutical research on July 8, 2026, in its own machine learning blog. At the center is a combination of a Bring Your Own Knowledge Graph (BYOKG) and…
- AI-Economy
Microsoft replaces OpenAI and Anthropic in Excel and Outlook
Microsoft has begun, according to Bloomberg research from July 7, 2026, to no longer exclusively forward a portion of the AI requests in the Office applications Excel and Outlook to models from…
- AI-Economy
DeepSeek develops its own AI chip for inference
According to a Reuters exclusive report from July 7, 2026, the Chinese AI lab DeepSeek is working on its own chip for inference workloads – that is, for the computation phase in which a pre-trained…
- AI-Economy
Ollama raises $65 million for open AI models
The provider Ollama announced a Series B funding round of $65 million on July 9, 2026. As Ollama states in its blog, the investment firm Theory Ventures is leading the round. For the company, founded…
- AI-Economy
Meta AI Chip Production Starts September 2026
According to a Reuters exclusive report, Meta plans to begin mass production of a new generation of its own AI chips in September 2026. The basis of the reporting is an internal memo that was…
- AI-Economy
Bernanke: Former Fed Chair in AI Oversight Committee of Anthropic
Anthropic has appointed former Federal Reserve Chair Ben Bernanke as a new member of its Long-Term Benefit Trust (LTBT). The company announced this in a statement on July 9, 2026. Bernanke, who led…
- AI-Economy
SambaNova: 1 Billion Dollars at 11 Billion Valuation
The AI inference-focused chip manufacturer SambaNova announced the first close of a Series F funding round of over one billion US dollars on July 8, 2026. According to the announcement from lead…
