Writer aims to compete with OpenAI and Anthropic by using a cost-effective approach, spending only $700,000 to develop models and raising $200 million to reach a $1.9 billion valuation.

American Airlines is using machine learning to speed up gate allocation, reducing taxi times and fuel usage by analyzing real-time flight data.

Fei-Fei Li’s AI startup, World Labs, raised $230 million in funding, valuing the company at over $1 billion as it prepares to develop AI models for 3D interaction by 2025.

The AI tech aims to ease the workload of staffers and improve order accuracy. Taco Bell customers in the United States could soon have a different drive-thru experience as the chain looks to roll out AI drive-thru ordering.

Recent earnings reports raise concerns about AI investments and consumer spending, causing a dip in tech stocks and interrupting a stock market rally.

Tesla CEO Elon Musk said that the company would be delaying the launch of its long-awaited robotaxi service on Oct. 10, around two months after the planned date.

The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.

Tech billionaire Elon Musk said in a Daily Wire interview that his perspectives regarding gender ideology and population are deeply personal after he had to deal with one of his sons deciding to cut ties with him by changing both name and gender.

Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.

In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools.