Palantir Technologies' sales of AI software to U.S. corporations surged in the second quarter, helping boost its quarterly profit and send the stock up in after-hours trading Monday.
Why it matters: Best known as a vendor of national security software to the U.S. government, Palantir has stressed that its AIP software platform — which helps corporations better embed AI into operations — would be another key driver for the business.
The White House said on Monday it met its deadline to establish a voluntary framework for evaluating advanced AI models — but it won't say what the framework contains, who's seen it or when companies will start using it.
Why it matters: The framework is being closely watched beyond the industry players it directly applies to.
Elon Musk's galactic AI rocket-social media company faces two big tests this week: reporting its first financials as a public company and potentially coping with a flood of unlocked stock.
Why it matters: Investors aren't exactly eager to scoop up shares. Judging by the SpaceX stock price, Musk's power to drive investor excitement is already fading.
Top AI researchers continue to jump between leading AI labs as competition for elite talent intensifies.
Why it matters: Hiring elite AI researchers is hard. Keeping them — even after offering enormous pay, prestigious titles and vast computing resources — is proving almost as difficult.
Silicon Valley's AI moguls are flooding Washington with competing blueprints for superintelligence, clashing over a defining question: Does safety come from spreading powerful AI or containing it?
Why it matters: Their fight will shape who gets access to the best models, how America competes with China, and whether the government can slow the race in an emergency.
Schools across the U.S. are cracking down on student cellphone use, but a new study finds the restrictions bring mixed results.
The big picture: Schools that require students to lock away their phones during class have seen phone use decline substantially, according to the study shared by the National Bureau of Economic Research in April.
The high-end, AI-powered private school Alpha Schools plans to grow from a dozen to roughly 50 campuses in the 2026 school year, its founder tells Axios.
Why it matters: While traditional schools navigate how to adopt AI, Alpha Schools has created an AI-dependent classroom model that the company claims reduces screen time and increases human interaction.
President Trump said Saturday night that he has called off a potential attack on Iran due to progress in negotiations between the two nations.
The big picture: There had been indications from some U.S. officials that an attack on Iran's infrastructure was possible, all in an effort to get the Iranians to agree to the U.S.' terms in ceasefire negotiations.
