According to people familiar with the matter, Anthropic is on track to generate more than US$65 billion in annualized revenue, more than seven times the pace at the end of last year.

Fully integrating payments into ChatGPT will likely take six to 12 months, according to Synchrony Chief Strategy Officer Maran Nalluswami.

The model transforms a single text prompt into a fully produced song, expanding Alibaba’s role in generative AI.

Alibaba launched a laptop-ready AI model and released the weights of its most powerful Qwen model, intensifying its rivalry with Meta in open-weight AI.