Seth Fiegerman

and Leaders of the world's biggest artificial intelligence platforms say it's time to slow the development pace of their most advanced — and most lucrative — models, citing escalating risks of the technology.

Leaders of the world’s biggest artificial intelligence platforms said it’s time to slow the development pace of their most advanced — and most lucrative — models, citing escalating risks of

Bloomberg journalists answer your questions about the high-stakes debate over calls to slow down AI development ahead of the US midterm elections in a Live Q&A today at 2:30 p.m. EDT

Anthropic PBC is expected to generate more than $100 billion in annualized revenue this year, according to the New York Times, citing people familiar with the matter.

Anthropic PBC is releasing a new artificial intelligence model that’s meant to field a wide range of business tasks at a lower cost, part of the startup’s bid to keep ahead of rivals while it prepares for a highly anticipated Wall Street debut.

(Bloomberg) -- Top executives from Anthropic PBC, OpenAI, Meta Platforms Inc. and Microsoft Corp. are urging policymakers to scrutinize the extent

(Bloomberg) -- OpenAI is on track to generate annualized revenue of nearly $70 billion based on its current performance, fueled by strong gains in

OpenAI’s Chief Executive Officer Sam Altman said the company wants to navigate a period of heightened artificial intelligence safety concerns without the pressure of being a newly public company and believes investors will be “patient” with its IPO planning.

An OpenAI employee focused on AI safety has quit the company and warned that top artificial intelligence firms aren’t doing enough to mitigate the technology’s risks, joining a growing chorus of employees raising alarms from within the industry.

The maker of Claude is preparing to go public in November, with soaring revenue, rising losses and concerns over AI safety shaping investor expectations.