Uber caps employee AI spending after blowing through budget in four months

Uber’s cutback has occurred after the company had reportedly encouraged staff to use AI as much as possible.

Martin Scorsese becomes the latest — and most unlikely — Hollywood voice for AI

The caveat is that one of the world’s most famous living directors is using the tech solely for storyboarding.

Alphabet plans to raise $80B to pay for AI buildout

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement.

After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M

Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios. 

SpaceX’s Starlink nabs American Airlines contract, another win for its IPO

American Airlines said Tuesday it plans to install Starlink on more than 500 Airbus aircraft, the latest carrier win for IPO-bound SpaceX.

OpenRouter more than doubles valuation to $1.3B in a year

OpenRouter has raised a $113 million Series B led by CapitalG. Its 5x growth in usage over six months indicates the multi-AI-model future is here.

Google takes a page out of Meta’s book, announces new audio-powered smart glasses

Google is calling the new devices “audio glasses,” in that users will be able to issue verbal commands to them and get things done via its ecosystem of apps and services, including Gemini.

Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B

The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.

Disney looking to make a unified ‘super app,’ report says

Disney CEO Josh D’Amaro, who took over for Bob Iger earlier this year, has emphasized his intent to streamline the Disney experience.

Kalshi doubles valuation in 5 months, hitting $22B

Prediction market startup Kalshi has raised a $1 billion Series F round led by Coatue.