A free AI model is winning over developers. And nobody knows whose servers it runs on
A free AI model is winning over developers. And nobody knows whose servers it runs on

An anonymous model called Ox Alpha appeared on OpenRouter last week, free to use with a million-token context window, and developers have been impressed. OpenRouter’s own listing says prompts and completions are retained by the unidentified provider. A…

Nvidia AI server prices are rising more than 15% from early next year
Nvidia AI server prices are rising more than 15% from early next year

Nvidia’s largest customers have been notified that servers containing its AI chips will rise in price by more than 15% in many cases from early next year, driven by memory costs. The company reports quarterly earnings next week. Nvidia’s biggest custom…

Apollo finds AI is hitting paychecks rather than payrolls
Apollo finds AI is hitting paychecks rather than payrolls

An Apollo analysis of 321 occupations found that wages in jobs highly exposed to AI grew 6.7% more slowly after 2023, with no statistically significant employment effect. The gap was 10.7% in the lowest-paid quartile and absent in the highest. The firs…

China’s AI and chip firms are handing out shares to keep their engineers
China’s AI and chip firms are handing out shares to keep their engineers

Chinese chip companies are running unusually broad equity schemes to keep engineers, with Cambricon covering 85.3% of its workforce and AMEC more than 97%. Europe’s semiconductor sector has a talent gap estimated at 65,000 workers. Chinese chip compani…

Betting brands are off Premier League shirts. Enterprise software moved in
Betting brands are off Premier League shirts. Enterprise software moved in

Premier League clubs are playing this season without gambling brands on the front of matchday shirts, forcing eight of the 20 to find new partners at once. Fulham’s went to ClickHouse, an American data infrastructure company valued at $15bn. The most v…

This startup is training an AI model on skin that stays alive for a month
This startup is training an AI model on skin that stays alive for a month

Outer Biosciences has come out of stealth after four years, keeping surgically discarded human skin alive for up to a month and feeding the results into an AI model that predicts useful compounds. It has raised about $23mn and employs 19 people. A comp…

Anthropic could raise $100bn, ten times Europe’s largest listing in decades
Anthropic could raise $100bn, ten times Europe’s largest listing in decades

Anthropic could raise around $100bn in a listing as early as October, exceeding SpaceX’s record, with backers modelling a valuation of at least $2tn. The Financial Times reports that senior executives have not set a valuation target even privately. Ant…

A 60-year-old geothermal company just became an AI infrastructure play
A 60-year-old geothermal company just became an AI infrastructure play

Ormat, a geothermal company founded six decades ago, has signed a power purchase agreement with Google for up to 150MW in Nevada and is running enhanced geothermal pilots with Sage Geosystems and SLB. Europe has the same demand problem and is meeting i…

Apple cuts more than 200 jobs across Siri and Vision Pro
Apple cuts more than 200 jobs across Siri and Vision Pro

Apple is cutting more than 200 jobs, roughly 100 from the Vision Pro organisation and 100 from Siri and software teams, largely shutting the headset’s gaming unit. The company says it is realigning teams and will create new roles. Apple is cutting more…

Google says Gemma has passed a billion downloads
Google says Gemma has passed a billion downloads

Google says its Gemma family of open models has passed a billion downloads. Developers have published more than 100,000 Gemma variants over the past two years, the company said in a blog post on Thursday. Clement Farabet, a vice president at Google Dee…