Artificial Intelligence

Artificial intelligence leader Anthropic has begun scheduling investor meetings as it moves toward a confidential public debut. The firm aims to capitalize on massive growth in its Claude chatbot services and establish a public market benchmark.

IBM shares hit record lows after a disappointing preliminary Q2 report revealed revenue missed analyst estimates due to infrastructure and execution hurdles. Despite growth in AI bookings, the company is struggling to pivot away from legacy business vulnerabilities.

Meta pulled an AI feature that generated images using public Instagram profiles after criticism over privacy defaults and lack of user consent.

SK Hynix has successfully debuted on the Nasdaq, raising $26.5 billion to fuel its expansion in high-bandwidth memory chips for AI infrastructure. The move highlights investor confidence in the semiconductor giant despite looming concerns over industry cyclicality.

OpenAI is retiring its standalone Atlas browser to integrate agentic browsing features directly into ChatGPT and a new Chrome extension. Users are advised to export their browser data before the platform ceases operations.

Xbox CEO Asha Sharma has been named to a new Federal Reserve task force investigating the impact of AI on labor markets. The appointment has drawn scrutiny following her recent decision to restructure Microsoft's gaming division and cut thousands of jobs.

Meta’s new data center in Sturgeon County will be the company's 33rd globally, representing a C$13 billion investment that will support its AI infrastructure.

OpenAI's new GPT-Live models enable real-time, bidirectional voice conversations with ChatGPT. The update removes turn-taking delays and introduces capabilities for complex agentic tasks.