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Microsoft halts hiring in cloud and sales to cut costs and boost margins amid AI infrastructure investments, while continuing to recruit for AI tool teams, signaling a strategic focus shift.....
OpenAI's ChatGPT ad pilot hit $100M annualized revenue in six weeks, exceeding expectations and showcasing strong monetization potential.....
Anthropic is accelerating its IPO plan, aiming to list as early as October this year to catch up with competitor OpenAI. The company has already made initial contacts with top investment banks such as Goldman Sachs and JPMorgan, and expects to raise over $60 billion.
Apple has offered special bonuses worth millions of dollars to its iPhone design team to retain core AI talent, with the highest reward reaching up to $4 million in stocks, in response to fierce competition for talent from OpenAI, Meta, and other rivals.
Chinese AI company Moonshot Ventures is considering an IPO in Hong Kong to take advantage of the market's enthusiasm for AI and strengthen its position. The company has held preliminary discussions with China International Capital Corporation and Goldman Sachs, and the preparation for the listing is still ongoing.