Chinese AI company DeepSeek is preparing for an IPO, according to Bloomberg News. The AI pioneer, whose high-performing and inexpensive AI model led to Nvidia’s stock tanking by 17% in one day, plans to go…
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The latest developments in AI and machine learning.
Google’s Gemini and Anthropic’s Claude posted triple-digit growth in web traffic and mobile usage in June while ChatGPT’s web traffic leveled off, according to a new BofA Global Research report. Global daily average web visits…
Apple has filed a lawsuit against OpenAI alleging that two former employees brought trade secrets with them when they joined the AI startup. The lawsuit names Tang Tan, an Apple executive who left to join…
Elon Musk has rebranded his space and AI companies as SpaceXAI, according to a post on X. It marks the integration of the former xAI into SpaceX after the companies merged earlier this year. The…
The president of the Federal Reserve Bank of New York said demand driven by AI could force the central bank to raise rates, according to Bloomberg News. John Williams said that among the factors driving…
Health care providers tout using AI tools to help ease the administrative burden for medical staff, but a new survey showed that the vast majority of nurses using AI don’t trust it due to inaccuracies.…