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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

7 articles
Industry

Apple's OpenAI lawsuit: A battle for the post-smartphone era

Apple has filed a trade secrets lawsuit against OpenAI, alleging that former Apple employees, including Chief Hardware Officer Tang Tan, solicited confidential information during job interviews and downloaded proprietary files. The case highlights the high stakes of the AI hardware race and raises questions about OpenAI's ability to focus on its upcoming IPO while facing a tenacious legal opponent. The Verge's Nilay Patel and Hayden Field discuss the implications for both companies and the broader AI industry.

Jul 236 minNeura News
Funding

OpenAI Confidentially Files for IPO, Joins Anthropic on Wall Street

OpenAI has confidentially filed for an initial public offering, the company announced Monday, joining rival Anthropic in seeking to go public as the AI industry moves toward greater public market scrutiny. The ChatGPT maker submitted a confidential S-1 filing with the SEC, though it said no timing has been decided yet. The move comes just one week after Anthropic disclosed its own confidential IPO filing, signaling a new phase for AI startups focused on profitability.

Jun 82 minNeura News
Industry

California Governor Signs Executive Order to Protect Workers from AI Job Loss

California Governor Gavin Newsom signed the first executive order by a U.S. governor aimed at shielding workers from AI-driven job displacement. The order directs state agencies to work with researchers, unions, and the AI industry on strategies including subsidies for companies that keep employees, expanded retraining for office workers, and a review of universal basic capital. Newsom cited predictions that half of all office jobs could vanish within five years and criticized the tax system for rewarding automation over hiring.

May 224 minNeura News