Why Cursor’s CEO believes competition from OpenAI, Anthropic won’t crush his startup
Anysphere, the company behind the popular AI coding assistant Cursor, is not considering an IPO anytime soon, co-founder and CEO Michael Tuell said on stage at Fortune’s AI Brainstorm conference on Monday. After reaching $1 billion in annual revenue in November and raising $2.3 billion last month at a valuation of $29.3 billion, Tuell said […]
Rivian is developing its own AI assistant
Rivian has spent nearly two years developing its own AI assistant, an effort separate from its multibillion-dollar technology joint venture with Volkswagen, TechCrunch has learned. Rivian hasn’t said when it will put its AI assistant in the hands of consumers. However, in an interview earlier this year, Rivian’s head of software Wassym Bensaid told TechCrunch […]
Three in 10 US teens use AI chatbots daily, but safety concerns are growing
Pew Research Center released research on Tuesday showing how young people are using both social media and AI chatbots. Internet safety for teens remains a hot topic globally, with Australia set to implement a social media ban for under-16s from Wednesday. The impact of social media on teens’ mental health has been widely debated, with […]
Slack CEO Dennis Dresser joins OpenAI as chief revenue officer
OpenAI has hired Slack CEO Denise Dresser as its new chief revenue officer. The news was first reported by Wired and later confirmed by OpenAI in a blog post. Dresser’s new role comes after more than 14 years at Slack’s parent company, Salesforce. During his time at Slack, Dresser oversaw the introduction of several AI […]
Boom Supersonic raises $300 million to build natural gas turbines for Crusoe data center
Aircraft startup Boom Supersonic announced Tuesday that it will start selling a stationary power plant version of its turbine engine, and its first customer will be data center startup Crusoe. Crusoe will buy 29 of Boom’s 42-megawatt turbines for $1.25 billion to generate 1.21 gigawatts for data centers. Mr. Boom said he would announce details […]
Amazon’s Ring introduces controversial AI-powered facial recognition feature to video doorbells
Dystopian or useful? Amazon’s Ring doorbell will now be able to identify visitors through a new AI-powered facial recognition feature, the company announced Tuesday. The controversial feature, called “Familiar Faces,” was announced in early September of this year and is now rolling out to Ring device owners in the United States. Amazon says the feature […]
Truecaller now allows users to protect their homes from fraudulent calls
Truecaller has launched household-level fraud prevention capabilities as the Swedish company expands its role beyond caller ID in response to an increase in scams targeting multiple members of a household. The new feature, called Family Protection, allows up to five people to join a family group, with one member acting as an admin and managing […]
OpenAI, Anthropic, and Block join new Linux Foundation effort to standardize the era of AI agents
As AI moves beyond chatbots to systems that can take action, the Linux Foundation is launching a new group dedicated to preventing AI agents from splintering into a mess of incompatible, locked-down products. The group, called the Agentic AI Foundation (AAIF), serves as a neutral hub for open source projects related to AI agents. AAIF’s […]
Microsoft to invest $17.5 billion in India by 2029 as AI race accelerates
Microsoft plans to invest $17.5 billion in India over the next four years to expand its AI and cloud footprint in the South Asian country. India’s vast online and smartphone user base has turned it into a key battleground for global technology companies. The investment, announced on Tuesday, is Microsoft’s largest in Asia and will […]
India proposes to charge OpenAI and Google for AI training on copyrighted content
India has proposed a mandatory royalty regime for AI companies that train models based on copyrighted content. It’s a move that could reshape the way OpenAI and Google operate in what has become one of the world’s most important and fastest-growing markets. India’s Ministry of Industry and Internal Trade Promotion on Tuesday announced a proposed […]