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.
Torsten Slok, chief economist at Apollo, warns that AI-driven profit gains outside the technology sector could take much longer than Wall Street expects. In regulated industries like healthcare, banking, and energy, productivity improvements from AI may not show up for years, putting high AI stock valuations at risk of a painful repricing.
South Korean memory chip maker SK Hynix announced plans to sell nearly 17.8 million shares in a U.S. IPO, potentially raising around $28 billion. The company will offer American depositary receipts, riding an AI-fueled boom that has driven memory demand and stock prices sharply higher. Pricing is expected Thursday with trading beginning Friday.
Anthropic has released Claude Fable 5, its most powerful widely available AI model and the first from the previously withheld Mythos class. The company claims new safeguards make the release safe by blocking responses in high-risk areas like cybersecurity and biology, falling back to the Claude Opus 4.8 model. Pricing is double that of Opus 4.8, at $10 per million input tokens and $50 per million output tokens.
Brendan Foody, co-founder of AI talent platform Mercor, took to X to accuse Sequoia of using a 'dual-pricing' structure where it invests in two tranches at different valuations, inflating the headline number. Sequoia partner Shaun Maguire pushed back, calling it a market reality rather than a scam. The practice has drawn attention to how venture capital firms and founders manipulate perceptions of startup success.
Brendan Foody, co-founder of AI talent platform Mercor, publicly accused Sequoia of using a dual-pricing structure that inflates headline valuations while the firm invests at a lower price. Foody said he has seen several rounds where Sequoia invests in two tranches at different valuations, with founders then misrepresenting the higher valuation to employees and angel investors. Sequoia partner Shaun Maguire defended the practice as rare and driven by market dynamics.
Microsoft's shift to per-token pricing for GitHub Copilot has been dubbed the 'Tokenpocalypse' by Reddit users. On TechCrunch's Equity podcast, hosts discuss how this change signals broader cost pass-through in the AI industry, the rapid rise and fall of tokenmaxxxing, and the challenges AI companies face as they prepare for IPOs amid escalating costs and regulatory uncertainty.
Chinese AI startup DeepSeek announced it will permanently apply a 75% discount on its flagship V4-Pro model, a price cut originally scheduled to expire at the end of May. The move is expected to intensify competition in the global AI market as Chinese firms aggressively court developers with lower pricing.
Deepseek has made its 75 percent discount on the flagship Deepseek V4 Pro model permanent, slashing output token prices to $0.87 per million versus $30 for GPT-5.5. The move intensifies the price war between Chinese and Western AI labs, with Deepseek offering output tokens at roughly 34.5 times less than OpenAI's top model. The permanent pricing, originally set to expire May 31, 2026, also undercuts Anthropic's Opus 4.7 by a similar margin on output tokens.
Models.dev is a new open source project that compiles AI model specifications, pricing, and capabilities into a single community maintained database. The project provides an API for programmatic access, supports SVG provider logos, and encourages contributions via pull requests with TOML based model definitions.
Cerebras Systems completed its initial public offering, raising $5.5 billion after pricing shares at $185, well above the expected range. The stock opened at $385, a 108% jump, and traded above $330 mid-day. The Nvidia rival turned profitable with $510 million in 2025 revenue.
Cerebras completed its initial public offering on Thursday, raising $5.5 billion after pricing shares at $185 each the previous evening. This price exceeded the updated range of $150 to $160 and followed an expansion of the offering to 30 million shares. Pre-market activity shows strong demand from retail investors, pointing to a significant opening jump, with the company achieving a fully diluted valuation of $56.4 billion.
Luma has launched its Uni-1.1 image generation model through a public API with pricing and quality that align with leaders like OpenAI and Google. The REST API supports text-based image creation and editing, ranking 7th or 8th on Arena leaderboards. Two pricing tiers start at $0.0404 per image, with options for reference images and high-resolution outputs.