Stephanie Palazzolo

Before OpenAI in January launched Operator, its artificial intelligence that uses the web to plan trips, compile reports and shop online for people, it asked DoorDash to be an official “launch partner” for the new product. DoorDash agreed—but it had a question. In a meeting last fall between the ...

ServiceNow is buying AI startup Moveworks for $2.85 billion, the enterprise software firm announced first thing this morning, an effort by ServiceNow to get a jump on agent-powered services. We included Moveworks in our Generative AI Takeover List, which you can see here. And now on to the rest ...

Now that the word is out about the maker of Cursor, an artificial intelligence-powered coding assistant, talking to investors about a new round that would value it at $10 billion, it’s important to explain why a deal may happen at that price.The new valuation—up four times from a deal struck ...

OpenAI is betting big on ChatGPT, which is generating at least $4 billion in annualized revenue. But that’s not the only application the AI firm is hoping will make big bucks. If you saw our story last month detailing OpenAI’s financial projections, you might have noticed an intriguing reference ...

CoreWeave, which provides cloud servers to large companies developing artificial intelligence, is in talks to acquire Weights & Biases, a startup that helps developers build AI applications, for around $1.7 billion, according to two people who spoke to executives at Weights & Biases. The deal ...

You don’t have to look far to find examples of artificial intelligence startups fetching wild valuations, as some in-the-works deals for robotics and startups founded by OpenAI alumni have shown. But such examples obscure changes in how investors are valuing AI startups. The biggest developers ...

One of the earliest AI Agenda newsletters in August 2023 made the bear case for large language model developers. Over the last year-and-a-half, our predictions from that day seemed to largely come true, as model makers like OpenAI moved more into applications and cheap AI releases from DeepSeek ...

The model race continues. On Monday evening, Elon Musk’s xAI released a new family of large language models, Grok 3, which includes a baseline model, a smaller and faster version of the baseline model, and two “reasoning” models.Early reactions seem promising. Andrej Karpathy, one of the ...

After OpenAI released its reasoning models last fall, Google, Alibaba, High-Flyer Capital Management and others followed with their own. One prominent competitor, Anthropic, has been noticeably absent from the race.Now we know one reason: Anthropic is taking a slightly different approach to ...

As the OpenAI-Elon Musk drama bogged down in arguments about whether Musk’s group had actually sent the takeover offer to the board, another issue surfaced. While OpenAI is signalling it will dismiss the Musk-led group’s offer, it turns out any of OpenAI’s 10 board directors could take matters ...