OpenAI reportedly lowers funding target for new round

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Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia

When investors get nervous about AI spending, it helps to have the chipmaker that sells the chips offer to cosign the loan.

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Ollie, a privacy-focused AI assistant, is shutting down

As an increasing number of AI assistants flood the market, the founder of Ollie, an assistant that respected its users' privacy, says it will be shutting down in a week.

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Intel’s stock crashes, knocking $12B from government’s stake

Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.

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Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says

Blackstone's forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business.

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