Meta Launches $15B Superintelligence Lab with Scale AI CEO
10 June 2025
Meta forms a new Superintelligence Lab led by Scale AI CEO Alexandr Wang. The $15B plan includes a 49% stake in Scale and a 50-person elite AGI team.
Builder.ai Files for Bankruptcy Amid Fraud Allegations
26 May 2025
Builder.ai, once a promising AI startup, has filed for bankruptcy following revelations of inflated revenues and financial mismanagement, raising concerns about the viability of AI-driven business models.
Anthropic Launches Claude 4 with Full Agent Toolchain and IDE Integrations
22 May 2025
Anthropic launched Claude 4 Opus and Sonnet, redefining AI agent performance. Opus 4 leads SWE-bench with 72.5%, powers 24-hour autonomous runs, and integrates with GitHub, JetBrains, and VS Code. Claude Code is now generally available, and new Claude API tools enable richer agent development.
Microsoft Integrates Grok 3 into Azure AI Foundry Amid Ongoing Legal Dispute
20 May 2025
Microsoft integrates Grok 3 and other models into Azure AI Foundry, expanding its multi-model offering with enhanced governance and developer flexibility.
OpenAI and Microsoft Restructure Partnership to Enable IPO Plans
11 May 2025
OpenAI and Microsoft are updating their partnership terms, with equity and tech access on the table, as OpenAI seeks IPO readiness under nonprofit control.
Nvidia to Release Downgraded H20 AI Chip for China in July
9 May 2025
Nvidia is redesigning its H20 chip with reduced specs to meet U.S. export rules while protecting $17.1B in annual China revenue and salvaging $18B in chip orders.
Trump Administration to Scrap Biden-Era AI Chip Export Rules
8 May 2025
Trump ends Biden’s AI Diffusion Rule, calling it too bureaucratic. The administration now plans to introduce bilateral licensing, with chipmakers in limbo.
OpenAI Acquires Windsurf in $3 Billion Bid to Boost AI Coding Capabilities
6 May 2025
OpenAI is acquiring Windsurf for $3 billion, combining AI-powered tools like Cascade and Previews with custom chip infrastructure to create a full-stack coding platform. The deal marks OpenAI’s largest move yet toward transforming software development.
OpenAI Abandons For-Profit Shift, Embraces Public Benefit Model
5 May 2025
OpenAI abandons for-profit shift, choosing instead to preserve nonprofit control as it restructures its for-profit unit into a Public Benefit Corporation.