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AI NewsThe End of AI Subsidies is Forcing Enterprises to Rethink AI Agent Economics

The End of AI Subsidies is Forcing Enterprises to Rethink AI Agent Economics

4:44 PM IST · July 17, 2026

The End of AI Subsidies is Forcing Enterprises to Rethink AI Agent Economics

Progress Software’s Chief AI Officer Ed Keisling says enterprises are reassessing AI deployments as discounted frontier models fade, exposing the true cost of running AI agents and accelerating a shift toward smaller, cheaper models.

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Anthropic Introduces Claude 3 AI Models, Claims Its Chatbot Outperforms GPT-4 and Gemini

Anthropic Introduces Claude 3 AI Models, Claims Its Chatbot Outperforms GPT-4 and Gemini

Anthropic has introduced its new family of artificial intelligence (AI) models called Claude 3. The third generation of the company's AI-powered chatbot now comes in three separate versions — Claude 3 Haiku, Claude 3 Sonnet, and Claude 3 Opus — where Opus is the most capable model, followed by Sonnet and Haiku. The company has also shared results from benchmark testing of the chatbot and has claimed that the AI bot outperforms both OpenAI's GPT-4 and Google's Gemini 1.0 Ultra models.

2 hours ago

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Wix Launches AI-Powered Website Builder That Can Create Websites Using Simple Text Prompts

Wix Launches AI-Powered Website Builder That Can Create Websites Using Simple Text Prompts

Wix, a cloud-based website development platform, has launched its artificial intelligence (AI)-powered chatbot that can generate a customised website using simple text prompts. The AI website generator was first announced by the company in July 2023 but was not made available to the public. After seven months, Wix has launched the feature globally and users can begin creating their own websites. Generating a website using AI on the platform is free, however, to buy a domain and access additional features will require a subscription to one of its premium plans.

2 hours ago

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What will Apple’s John Ternus era look like?

What will Apple’s John Ternus era look like?

Loading the player… It’s officially the Ternus era at Apple. Tim Cook stepped downas CEO this week, handing the company to former hardware chief John Ternus, whose first memopromised a “huge launch next week”— timing that puts Apple’s next iPhone event on his desk before he’s even settled in. Cook isn’t going far, though: he’s staying on as Executive Chairman, focused on the kind of policy relationships that recently turned something as small asa map labelinto a very public balancing act. All of which raises an obvious question: what does the Ternus era look like, and how much rope will shareholders give him to figure it out?On this episode of TechCrunch’sEquitypodcast, hosts Kirsten Korosec and Sean O’Kane unpack what Ternus is walking into, why he may actually be better positioned to make progress on software than hardware in this new AI era, and more of the week’s news. Subscribe to Equity onYouTube,Apple Podcasts,Overcast,Spotifyand all the casts. You also can follow Equity onXandThreads, at @EquityPod.

2 hours ago

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IFA 2026: Nvidia RTX Spark PCs, Local AI Tools Announced With October Launch Planned

IFA 2026: Nvidia RTX Spark PCs, Local AI Tools Announced With October Launch Planned

Nvidia has confirmed that its RTX Spark Windows PCs will arrive in October, bringing a new class of compact systems designed to handle local AI workloads alongside gaming and creative tasks. The company also announced software updates at IFA 2026 that it says will simplify running AI agents locally and improve inference performance on its hardware. Lenovo and Acer are among the companies showcasing RTX Spark systems, with Lenovo announcing the Yoga Pro 9n and Yoga 9n 2-in-1.

6 hours ago

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