Latest News

Anthropic Overtakes OpenAI in Enterprise LLM Market

Enterprise spending on large language models has surged to $8.4 billion, with Anthropic surpassing OpenAI as the market leader, according to a Menlo Ventures report.

August 05, 2025

Capgemini India to Hire 45,000 Employees in 2025 with AI Focus

Capgemini India plans to hire up to 45,000 employees in 2025, emphasizing AI training for new recruits to meet growing client demands.

August 05, 2025

Harvey Reaches $100 Million in Annual Revenue

Legal AI startup Harvey has achieved $100 million in annual recurring revenue, driven by a significant increase in user engagement and customer base expansion.

August 05, 2025

OpenAI and Slalom Partner to Enhance AI Solutions for Enterprises

OpenAI and Slalom have announced a partnership to integrate AI models with Slalom's delivery expertise, aiming to help enterprises deploy AI solutions effectively.

August 05, 2025

OpenAI Enhances ChatGPT with Mental Health Guardrails

OpenAI has introduced new mental health features for ChatGPT, including break reminders and improved responses to emotional distress, as stated in a company announcement.

August 05, 2025

MetaVia and Syntekabio Collaborate on AI-Driven Drug Discovery

MetaVia Inc. has announced a collaboration with Syntekabio to explore new indications for its oral GPR119 agonist, DA-1241, using AI technology.

August 04, 2025

U Power Signs Agreement for 300 Battery-Swapping EVs in Hong Kong

U Power Limited has signed a Letter of Intent with a Hong Kong-based company to deploy 300 battery-swapping compatible electric vehicles, as announced in a press release.

August 04, 2025

Genstar Capital Appoints Dr. Donal McMahon as Head of AI & Data Science

Genstar Capital has appointed Dr. Donal McMahon as Head of AI & Data Science to enhance AI strategies across its portfolio companies, announced in a press release.

August 04, 2025

Lyft and Baidu Partner to Launch Autonomous Rides in Europe

Lyft and Baidu have announced a partnership to deploy Baidu's Apollo Go autonomous vehicles in Europe, starting with Germany and the UK in 2026.

August 04, 2025

DXC and 7AI Launch AI-Powered Security Operations Center

DXC Technology and 7AI have partnered to introduce the DXC Agentic Security Operations Center, integrating autonomous AI agents to enhance security operations globally.

August 04, 2025

Apple Develops AI 'Answer Engine' to Rival ChatGPT

Apple is reportedly developing its own AI 'answer engine' to compete with ChatGPT, according to Bloomberg. The new team, called Answers, Knowledge, and Information, aims to enhance search capabilities across Apple products.

August 04, 2025

OpenAI Prepares for GPT-5 Launch Amid Potential Capacity Challenges

OpenAI CEO Sam Altman has indicated that the upcoming launch of new models, including GPT-5, may lead to capacity issues. Altman urged users to be patient as the company rolls out these updates.

August 04, 2025

Turbine and MSD Collaborate on AI Simulations for Cancer Research

Turbine has announced a collaboration with MSD to use AI simulations for studying hard-to-treat cancer populations, aiming to identify novel treatment dependencies.

August 04, 2025

EVERSANA Unveils AI-Powered Life Sciences Marketing Agency

EVERSANA has launched a new AI-driven marketing agency for the life sciences sector, built on Google Cloud technology, to enhance efficiency and reduce costs.

August 04, 2025

Mach42 Introduces AI Solution for Analog Circuit Analysis

Mach42 has unveiled a new AI-powered platform for analog circuit analysis, enhancing design validation and IP reuse, as announced in a press release.

August 04, 2025

PhnyX Lab Secures $4 Million in Seed Funding Led by SK Networks

PhnyX Lab has raised $4 million in a seed funding round led by SK Networks, with participation from notable investors like Aidan Gomez and Illia Polosukhin.

August 04, 2025

Netskope Highlights Rising Shadow AI Risks Amid GenAI Adoption

Netskope's latest research reveals a 50% increase in genAI platform usage, with shadow AI posing significant security risks as enterprises adopt AI technologies.

August 04, 2025

CAS SciFinder Integrates AI to Enhance R&D Efficiency

CAS has announced the integration of advanced AI capabilities into its SciFinder platform, aiming to accelerate scientific discovery and innovation.

August 04, 2025

BingX Labs Celebrates First Year with $16 Million in Web3 and AI Investments

BingX Labs marks its first anniversary with $16 million in strategic investments in Web3 and AI projects, fostering innovation and partnerships.

August 04, 2025

VAST Data in Talks for $30 Billion Valuation with CapitalG and NVIDIA

VAST Data is negotiating a new funding round with CapitalG and NVIDIA, potentially valuing the company at $30 billion.

August 04, 2025