AI In Business

Anthropic's annualized revenue run rate has surged past $65 billion, a sevenfold increase, positioning the company for a historic IPO.

Unitree Robotics built its best-selling Go2 on designs funded by the U.S. Army Research Laboratory, exposing a gap between American innovation and Chinese manufacturing scale.

VeriSilicon's first-half revenue surged 91.37% to RMB1.864 billion, with AI-computing orders making up 90% of new contracts.

Wall Street's AI boom hides growing unease over hyperscaler debt, market concentration, and unproven returns.

The US is positioning artificial intelligence as the centerpiece of a renewed trade push with Pakistan, with envoy Natalie Baker highlighting tech sector partnerships in Lahore.

ECB blog warns a U.S. tech correction is likely, exposing Europe through €440 billion in household holdings of Magnificent Seven stocks.

Stripe's $7B acquisition of OpenRouter creates a closed-loop AI infrastructure giant controlling both model routing and payments.

A Beijing bar is mixing AI networking with free DeepSeek tokens, creating a hub for developers even as it loses money.

Big investors are repositioning portfolios toward hyperscalers as AI capex anxiety fades, betting on long-term profit growth over neocloud rivals.

Apple has reportedly trained a China-specific AI model with Alibaba's help, signaling a deeper localization push for Apple Intelligence in China.

AI agents are completing entire online courses for students, forcing professors to rethink assessment and integrity in digital classrooms.

NxtGen launches SpeedCloud Global to offer lower-cost managed cloud and AI services internationally, competing with hyperscalers on price and deployment speed.

Apple trained its own China-specific AI model with Alibaba's support, moving beyond third-party reliance to gain control and regulatory approval in a critical market.

Guangdong, birthplace of DeepSeek and Moonshot founders, battles to keep AI talent from migrating to Beijing, Shanghai, and Hangzhou.

European enterprises are weighing Chinese open-weight AI models as a path to operational sovereignty, challenging Brussels' tech independence push.

China's rookie portfolio managers faced a brutal initiation as AI-fuelled tech sell-offs wiped out over a third of their debut fund values in just 50 days.

Google's Gemini chatbot is now available to students of all ages in Classroom, intensifying the AI race in education.

China's youth are turning to AI bootcamps as unemployment soars, but the promised jobs may be little more than digital piecework.

Anthropic's IPO valuation rests on a $190-200 billion 2028 revenue projection, forcing investors to look past current losses and bet on AI scale.

Bumble's retreat from its women-first rule signals a wider industry pivot to AI, but researchers say the real problem is user trust, not swipe fatigue.

Indian IT stocks have clawed back much of their first-half losses as investors treat the sector as a cheap hedge against overheated global AI bets.

Nvidia has signed MOUs with six major financial institutions to launch compute financing platforms aimed at raising over $500 billion for AI infrastructure buildouts.

Why identical AI tools produce wildly different innovation outcomes, and what human bottlenecks have to do with it.

Former central banker Andrew Sheng argues that the AI boom is the latest candyfloss economy, inflated by credit and belief rather than real output.

Japan's yen decline and EV shortfall expose a pattern the US AI industry should heed: state support cannot replace real competitiveness.

Expedition 75 astronauts finalize preparations for a critical antenna swap, while Russian crew members advance AI and virtual reality experiments.

Google co-founder Sergey Brin is urging staff to prioritize Gemini as Alphabet overhauls DeepMind leadership to regain the AI frontier.

IIT Roorkee's iHUB DivyaSampark has launched a four-month certificate programme teaching no-code AI app development for working professionals.

Chinese AI start-up ModelBest has kicked off its pre-IPO tutoring process with Citic Securities, aiming for a mainland listing next year by leveraging compact AI models that run locally on devices.

Hedge funds sharply increased short positions against AI-related stocks in July, according to Hazeltree, signaling a major sentiment shift as chipmaker shares plunged worldwide.