Anthropic’s net loss jumped significantly to $80.7 billion in the first half of 2026, largely due to an accounting charge. That’s according to a report Tuesday (Oct. 20) by Reuters, which viewed a draft prospectus for the company’s planned initial public offering (IPO). Anthropic is...
OpenAI says it is expanding the reach of its ChatGPT Ads to 26 new countries. The expansion brings the advertising offering to 80 countries around the world, and comes as more than 100,000 advertisers have run campaigns on ChatGPT, the artificial intelligence (AI) company announced Wednesday (Oct. 21). “Advertising helps...
An artificial intelligence model could pose a foreseeable risk of $900 million in damage and still miss the bar for federal intervention under draft legislation Anthropic has been pitching to lawmakers, PYMNTS reported. The Claude developer’s draft lets the government block a frontier model only...
Business planning and performance management platform Pigment is worth $2.3 billion after raising $250 million in a Series E funding round, according to a Wednesday (Oct. 21) press release. The financing will help Pigment further develop its compute engine Graphite and the artificial intelligence agents...
Businesses deploying artificial intelligence face growing legal exposure when their descriptions of data practices fail to match how their systems operate. Updating privacy policies or terms of service after introducing AI features can leave companies exposed to regulatory scrutiny and customer disputes, according to an...
OpenAI has launched a new partnership with artificial intelligence (AI) rival Google. This collaboration brings OpenAI’s frontier AI models and Codex agentic workflows to Google Cloud’s Model Garden, the companies announced Wednesday (Oct. 21). The integration is designed to give customers “native access” to these models to power “complex...
Watch more: TechReg Talks With Matthew J. Dowd and Judge Paul Michel Artificial intelligence is making it cheaper to invent. That doesn’t mean, however, that it’s getting any less costly today to turn an invention into a business. That distinction is emerging as a new...
Finance departments have moved quickly to put generative artificial intelligence to work. They’ve been far more cautious about letting AI act on its own. Generative AI use for cash flow management jumped from 16% in 2025 to 80% in 2026, according to PYMNTS Intelligence’s “Time...
Remember travel agents? Not the AI kind. The real people kind. For anyone under the age of 30, here’s how it worked. You walked into a little storefront with a poster of a Caribbean island in the window and sat across the desk from someone...