For as long as anyone can remember, GitHub has been the de facto code host preferred by a majority of developers. However, in recent times, the platform has struggled with widely reported outages and performance degradation and, as it drops the ball, Cursor is waiting to pick it up. The AI startup, which is now

Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed $65 billion at the end of July, Bloomberg reported on Monday, up from $47 billion in May and

Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg. OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget. The company announced in May that it had raised a $113 million Series B, at a reported $1.3 billion valuation. (Investors

A woman identified as Jane Doe 4 has joined a lawsuit filed by three Tennessee teenagers against Elon Musk’s xAI over the role the company’s chatbot Grok allegedly played in creating child sexual abuse material. According to a report in The Washington Post, the woman alleged that her stepfather used Grok to manipulate a photo

PayPal CEO Enrique Lores’ turnaround plan for the fintech company could include a sale — of itself. The prospect first popped in July when Stripe and private equity giant Advent offered to buy PayPal for $60.50 a share in a deal that would have valued it at $53 billion, the Wall Street Journal reported at

Singer and actress Selena Gomez and her mother are being sued over their mental health startup, Wondermind. The plaintiffs in the lawsuit say they invested nearly $1.2 million in the startup, and are accusing Gomez of securities fraud and breach of contract. They allege that the startup failed to deliver on its commitments without informing

Anthropic recently made the decision to watermark Claude’s outputs — inserting invisible code into the chatbot’s editorial text that marks it as AI-generated. Anthropic rolled out this new policy to satisfy the EU AI Act’s Transparency Code, which now requires tech companies to label content that has been AI-generated or edited in a manner identifiable

As India’s quick-commerce platforms race to deliver everything from groceries to smartphones in minutes, electric mobility startup Yulu has seized the boom, raising $93 million in fresh funding. The Bengaluru‑based startup offers electric two‑wheelers on weekly subscription plans, so delivery drivers can jump straight into the gig economy without buying their own vehicles. With around

OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fundraising round in March, which added $122 billion to the

Situational Awareness may have had to sell off the majority of its public portfolio last month, but the AI-focused hedge fund is still making some big bets. This week, the fund invested $400 million into Source Foundry, a startup founded by Stanford researchers aiming to make chip manufacturing faster and cheaper, according to The Wall