ByteDance's cloud unit, Volcano Engine, is transforming the artificial intelligence (AI) agent ecosystem into a profitable business through its OpenClaw-based cloud agent tool, ArkClaw. This strategy relies on a subscription model and increasing token demand. Credit: OPENAI HUB Volcano Engine is betting on the next phase of AI hinging on cheaper tokens, higher inference efficiency, and longer context windows. Li Guodong, chief architect of ArkClaw, stated that agent-related t

Shutterstock will pay USD 35 million to resolve charges from the US Federal Trade Commission (FTC). The online provider of stock photography, graphics, and videos was accused of misleading consumers about its subscription plans and making cancellations difficult. This settlement aims to provide "full relief" to consumers harmed by the New York-based company's billing and cancellation practices. Credit: Al Drago/Bloomberg The FTC alleged Shutterstock failed to disclose that it