artificial intelligence
Stories tagged artificial intelligence.
OpenAI Pursues $30 Billion Raise at $1.25 Trillion Valuation Ahead of IPO
Source signal: OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
Disney to hire at least 60 Character.AI staff after chatbot startup's bankruptcy
Disney has agreed to make employment offers to at least 60 Character.AI employees, the majority of the chatbot startup's workforce, at an estimated $60 million in annual compensation, according to a legal filing. The move follows Character.AI's bankruptcy filing and a $20 million deal for some of its assets.
Honeyjar builds AI tools to bring PR expertise to every company
A startup founded by two veteran communications executives is using artificial intelligence to automate core public relations tasks, from drafting announcements to matching companies with the right journalists.
Spirit Airlines' $10 Million Data Sale to Google Draws Growing Legal Pushback
Spirit Airlines' proposed $10 million sale of customer and employee data to Google has stalled for months amid opposition from unions and lawmakers, raising legal questions about bankruptcy and data privacy protections.
Ben Affleck's AI fluency draws viral attention after $587M Netflix startup sale
Ben Affleck has gone viral this week for discussing artificial intelligence in technical detail, months after selling his AI filmmaking startup to Netflix for a reported $587 million.
Fired OpenAI Safety Researchers Deny Misconduct and Warn of Chilling Effect
Three safety researchers dismissed by OpenAI last week have published an open letter rejecting the company's account of their departures and warning that the firings are chilling internal debate on AI safety.
AI Can Suggest a Lipstick But Not How It Feels, Say Beauty Educators The Lipstick Lesbians
Alexis Androulakis and Dr. Christina Basias Androulakis, the couple behind The Lipstick Lesbians, argued at a New York City panel that beauty consumers have a discernment problem, not an information shortage, as AI grows in product discovery. Their education platform is expanding into paid courses and consulting.
IAG Proves AI Value Inside One Airline Before Group-Wide Rollout
International Airlines Group starts AI programs at a single carrier, establishes a baseline and only then expands across its brands, according to chief AI scientist Ben Dias.
Retailers Chase 'Phantom Inventory' Losses With AI Stock Rebalancing
Stock that exists in a retailer's system but cannot be bought is quietly costing sales, and Kearney estimates that closing the availability gap could lift revenue by as much as 1%. AI-assisted inventory rebalancing is being deployed to shrink that gap, cutting transfer-planning time by as much as 90%.
AMD to Buy World Labs in $8.2 Billion AI Deal, Fei-Fei Li to Join as Chief Scientist
AMD has agreed to acquire World Labs, the deep learning startup founded by AI pioneer Fei-Fei Li, for $8.2 billion. Li will join AMD as executive vice president and chief scientist once the deal closes.
Hotel CEOs Converge on AI's Role: Better Staff, Not Fewer of Them
Leaders from Hilton, Hyatt, Accor, Wyndham and Banyan Group told a New York travel industry forum in September 2026 that AI should sharpen hotel employees' performance. They parted ways on how quickly and how broadly to adopt it.
Alibaba Unveils "China's Most Powerful" AI Chip and Teases 10-Trillion-Parameter Model
Alibaba introduced a new AI chip it calls China's most powerful and previewed an AI model with 10 trillion parameters at its annual Apsara Conference in Hangzhou, alongside plans to expand Alibaba Cloud data-center capacity to 20 gigawatts by 2032.
World-Model Developers Stay Quiet on What They Are Building
Companies working on world models have drawn heavy funding and attention, but founders and even their data suppliers are revealing little about their products or commercialization plans.
Steve Case to Outline 'Scarcity Shift' AI Investing Rule at Skift Global Forum 2026
Revolution chairman and CEO Steve Case will appear at Skift Global Forum on September 22–24, 2026, to explain the test behind his AI-era bets: whether a given thing becomes abundant or stays scarce.
Altman Rules Out OpenAI Listing in 2026, Says It Would Be 'Ill-Advised' Now
OpenAI has already filed confidentially for an IPO, but CEO Sam Altman says the company will not go public in 2026, calling the present moment ill-advised given the state of AI safety.
Robot Dogs Greet Freshmen at Chinese Universities, Sparking AI Debate
AI-powered robot dogs have joined student orientation at Chinese universities this fall, assisting with guiding and carrying luggage. The high-tech welcome has prompted a debate over whether the machines are a bold innovation or an expensive gimmick.
Pro-AI Group Backed by Tech Investors Plans Data Center Ad Blitz in Midterm States
Source signal: A group funded by Andreessen, Horowitz, and Brockman plans data center ads to sway midterms
Apple cuts more than 200 roles across Siri, Vision Pro teams
Apple has confirmed layoffs impacting over 200 employees, including about half from the Vision Pro team and others from Siri and AI integration groups, as it pivots toward new AI initiatives.
Luxury brands accelerate AI adoption as consumer usage surges
A new joint study reveals that luxury executives are rapidly prioritizing AI, with 22% ranking it among their top three strategic priorities by 2026, up from 5% in 2024. Meanwhile, 55% of luxury consumers now use AI in their purchase journey.
Consumer Goods Companies Turn to AI for Faster Innovation
L'Oréal and other consumer goods giants are integrating artificial intelligence into product development to accelerate innovation and reduce costs amid changing consumer preferences.
China’s Stock Market Mirrors Uneven Economy as Tech Surges and Consumer Shares Slump
China’s US$16 trillion stock market reflects the widening gap between a booming technology sector and weak consumer spending, with AI chipmakers leading gains while consumer stocks lag.
Renzo Rosso: Artificial Intelligence Is a Stimulus for Fashion Competitiveness
OTB Group founder Renzo Rosso advocates for AI as a driver of growth and competitiveness in fashion, while emphasizing a local sourcing strategy within 20 kilometres of headquarters.
Fashion Executives Urged to Redesign Organizations for AI Era
Artificial intelligence is reshaping fashion businesses by automating routine tasks and empowering employees, prompting a need for new leadership structures and talent strategies.