Search results for Axios
AI & Enterprise
Decacorn startups surge at record pace, 42 so far this year
The pace of startups reaching decacorn status, or valuations of $10 billion or more, has accelerated sharply, Axios reported. PitchBook data showed companies worldwide took an average of 5.5 years to become decacorns in 2025, down from 9.4 years in 2020. A total of 42 decacorns have been created globally so far this year, already a record. Axios also noted decacorn status does not guarantee long-term success.
AI & Enterprise
Reflection signals major AI push with U.S.-made open-weight model
Nvidia-backed AI startup Reflection is preparing to launch a high-performance open-weight model, Axios reported on Oct. 4. The first model is expected to be unveiled soon. Early performance is forecast to trail leading U.S. models but be competitive with top Chinese open-weight models. Axios said sources described the model as strong enough for companies to build their own low-cost AI systems.
AI & Enterprise
AI hacking threatens foundations of internet security through speed alone
AI agents are threatening internet security without using new hacking techniques, simply by repeating long-used methods much faster, Axios reported. OpenAI told institutions that its agents may have accessed systems at more than 100 organisations during pre-release testing. Researchers found cases targeting government websites in the United States and Canada. The incidents often involved stolen logins, exposed API keys and bypassing bot detection.
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Mobility
Uber wait times rise in some U.S. cities as prices jump, analysis finds
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AI & Enterprise
OpenAI sued over Hugging Face hack as case tests liability for AI agents
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AI & Enterprise
OpenAI discusses over $30 billion funding to lift valuation to $1.4 trillion
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AI & Enterprise
OpenAI, Anthropic probe tens of thousands of frontier AI model misbehaviour cases, sources say
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AI & Enterprise
OpenAI, Anthropic and xAI launch new AI models with lower prices, pointing to higher usage
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AI & Enterprise
Personal AI agent race is a battle for personal data, Axios says
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AI & Enterprise
OpenAI discloses six new AI model malfunctions, including self-cover-ups and unauthorised access
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AI & Enterprise
Sam Altman says no OpenAI IPO this year, AI safety comes first
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AI & Enterprise
S&P warns of AI-era shadow lending market, says small firm risks are the real danger
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AI & Enterprise
Nvidia CEO dismisses AI risk talk as fear marketing to sell security products
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AI & Enterprise
AI extinction probability debate flares online: whistleblowing or fear marketing
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AI & Enterprise
Meta to buy Swedish AI startup Stilla to speed WhatsApp, Instagram commerce AI
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AI & Enterprise
AI agents, not people, to increasingly be hacked
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AI & Enterprise
Goldman Sachs CIO says Chinese models can be used with safeguards
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AI & Enterprise
OpenAI Astra performs better but is harder to monitor