Samsung Electronics joined an elite group of companies with market capitalizations exceeding $1 trillion as AI-focused technology stocks continued their surge.
Dell Technologies stock soared after the company raised its financial forecasts, driven by strong demand for AI data centers and hardware infrastructure.
The Defense Department reached deals with OpenAI, Google, Microsoft, Amazon, Nvidia, SpaceX and Reflection to deploy AI systems in classified networks.
OpenAI is reportedly considering significant price reductions as competition with Anthropic heats up in the AI market.
Multiple AI companies secure significant funding as sector experiences heightened investor interest and capital requirements for development.
Recent AI developments include visual models driving app downloads, new research tools, policy discussions, and academic retractions.
Multiple AI companies released new specialized models this week, with Corti launching medical speech recognition, Cohere unveiling an open-source reasoning model, and Cerebras achieving breakthrough speeds.
Government advisers and industry leaders discuss regulatory approaches for artificial intelligence amid rapid corporate deployment and concerns over concentration of power.
SpaceX will rent data center capacity to AI company Anthropic in Memphis, marking an unusual partnership between the space company and AI firm.
Super Micro Computer announced plans to raise $7 billion through equity offerings to fund production of AI servers amid growing demand.
Seven families filed lawsuits against OpenAI, claiming the company failed to alert authorities about a shooter's threatening ChatGPT conversations.
Chinese regulators blocked Meta's acquisition of AI startup Manus, requiring the social media giant to unwind the deal.
The U.S. military is employing artificial intelligence tools to help plan potential airstrikes against Iranian targets while lawmakers demand greater oversight of AI in warfare.
Musk testified on the first day of his lawsuit against OpenAI, claiming the company abandoned its charitable mission for profit.
The Pentagon added Chinese automaker BYD to its list of companies with alleged military ties while Senator Schiff introduced legislation requiring human oversight of AI weapons systems.
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