Friday, October 16, 2026Verified technology journalism
Business & Industry — ProvenBrief section
Topic

Business & Industry

Deals, valuations, lawsuits and strategy — the money and power moves behind the technology.

Latest in Business & Industry · page 5

138 stories
121Five US tech giants are sitting on $1.65T in hidden AI debt, Nikkei study findsJul 21

Five US tech giants are sitting on $1.65T in hidden AI debt, Nikkei study finds

122Sony files a brand-new 30,000-song lawsuit against Udio after judge blocked its first attemptJul 21

Sony files a brand-new 30,000-song lawsuit against Udio after judge blocked its first attempt

123Judge approves Anthropic's $1.5 billion copyright settlement, the largest in US historyJul 21

Judge approves Anthropic's $1.5 billion copyright settlement, the largest in US history

124Natural raised $30M to build the payments layer for autonomous AI agentsJul 20

Natural raised $30M to build the payments layer for autonomous AI agents

125Archer Aviation Unveils Autonomous Military Aircraft With Anduril as Air Taxi Losses MountJul 20

Archer Aviation Unveils Autonomous Military Aircraft With Anduril as Air Taxi Losses Mount

126GoPro's founder is lending his own company $20 million to survive the year as revenue collapses and a buyer is desperately soughtJul 20

GoPro's founder is lending his own company $20 million to survive the year as revenue collapses and a buyer is desperately sought

127Netflix says 300 titles have already used generative AI, and the $587 million it paid for Ben Affleck's startup shows how central it has becomeJul 20

Netflix says 300 titles have already used generative AI, and the $587 million it paid for Ben Affleck's startup shows how central it has become

128Apple is sending legal letters to dozens of OpenAI employees, escalating its trade-secrets lawsuit into a campaign that could chill talent mobility across the tech industryJul 19

Apple is sending legal letters to dozens of OpenAI employees, escalating its trade-secrets lawsuit into a campaign that could chill talent mobility across the tech industry

129OpenAI has reset Codex rate limits 35 times in six months while quietly cutting its context window by 27 percentJul 19

OpenAI has reset Codex rate limits 35 times in six months while quietly cutting its context window by 27 percent

130OpenShip pitches an open-source escape hatch from the cloud PaaS billJul 19

OpenShip pitches an open-source escape hatch from the cloud PaaS bill

131Google Cloud has a $462 billion backlog it cannot serve because AI demand is outstripping its own infrastructure, and its own engineers are part of the problemJul 19

Google Cloud has a $462 billion backlog it cannot serve because AI demand is outstripping its own infrastructure, and its own engineers are part of the problem

132SpaceX has lost nearly $1 trillion in market value since its June IPO, the largest post-listing wipeout in history, and the stock is still fallingJul 19

SpaceX has lost nearly $1 trillion in market value since its June IPO, the largest post-listing wipeout in history, and the stock is still falling

133Meta is negotiating a $10 billion deal to lease its AI data centers to Anthropic, turning itself into the arms dealer of the AI compute warsJul 19

Meta is negotiating a $10 billion deal to lease its AI data centers to Anthropic, turning itself into the arms dealer of the AI compute wars

134Mozilla's first State of Open Source AI report reveals open models now route the majority of production tokens, cost 50x less than two years ago, and Chinese-built models handle 3x more volume than US onesJul 18

Mozilla's first State of Open Source AI report reveals open models now route the majority of production tokens, cost 50x less than two years ago, and Chinese-built models handle 3x more volume than US ones

135AWS's own AI-powered billing system started invoicing customers for billions of dollars, sending one developer a $284 billion bill for $1 of usageJul 18

AWS's own AI-powered billing system started invoicing customers for billions of dollars, sending one developer a $284 billion bill for $1 of usage

136Hyundai workers walked off the job over humanoid robots: the auto industry's first strike against machines that could soon cost less than minimum wageJul 17

Hyundai workers walked off the job over humanoid robots: the auto industry's first strike against machines that could soon cost less than minimum wage

13726 former Meta employees sue, claiming AI tools scored and ranked them for termination while they were on medical and parental leaveJul 15

26 former Meta employees sue, claiming AI tools scored and ranked them for termination while they were on medical and parental leave

138DeepSeek seeks $1.5B at $71B valuation with IPO plans, threatening to set the first public-market price for open-source AI ahead of OpenAI and AnthropicJul 15

DeepSeek seeks $1.5B at $71B valuation with IPO plans, threatening to set the first public-market price for open-source AI ahead of OpenAI and Anthropic