Anthropic Prepares to File Its IPO Prospectus as Soon as Friday
Volkswagen Puts Microsoft Copilot in Front of 330,000 Employees
Moody’s Raises TSMC to Aa2, Citing AI Demand and Advanced-Node Lead
Blacksmith Reaches $1 Billion Valuation as AI Code Chokes Build Pipelines
EBay Cuts 9% of Its Staff and Says the Strategy Is Working
Automattic Cuts Staff While Its Boardroom Is Still Emptying
Bose Buys a Younger Audience and Leaves the Nameplate Alone
Walmart Opens the Door to Shopping Agents, Then Hands Them a Rulebook
A Billion Dollars for a Kernel
Legora’s $8.8 Billion Bet on Fewer Billable Hours
AMD to Invest Up to $5 Billion in Anthropic in AI Infrastructure Push
AMD announced a strategic partnership with Anthropic on Wednesday under which it could invest up to $5 billion in the AI company, and Anthropic will deploy AMD’s rack-scale Helios systems…
Apple Sues OpenAI Over Trade Secrets, Then Lands Ford Maps Deal
Apple filed a lawsuit against OpenAI on Wednesday accusing the company of stealing trade secrets in its AI research, and on the same day announced a deal with Ford to…
Lawmakers Unveil AI ‘Emergency Stop’ Bill After OpenAI Incident
A bipartisan group of lawmakers introduced legislation on Wednesday that would require AI companies to pass mandatory safety tests before deploying models, responding to an incident in which an OpenAI…
OpenAI Lifts Compute Spending Outlook to $750 Billion
OpenAI has raised its planned spending on computing power through 2030 to nearly $750 billion, up from roughly $600 billion at the start of the year, according to people familiar…
Alphabet Raises AI Spending to $205 Billion as Cloud Orders Surge
Sundar Pichai had a number ready on Alphabet’s earnings call: $514 billion. That, the chief executive said, is the backlog of cloud orders the company is sitting on, driven by…
EU Fines Google $1 Billion in First Digital Markets Act Case
The European Commission on July 22 fined Google €890 million, about $1 billion, the first penalty imposed under the Digital Markets Act since the law took effect in 2024. The…
Cybersecurity Startup Glow Emerges From Stealth at $1.2 Billion Valuation
The pitch that Glow’s founders made to investors began with a question: who guards the software that acts on its own? On Tuesday, the company stepped out of stealth with…
Google Opens Play Store to Rivals in Canada
For the first time since Google Play’s launch, an app store that is not Google’s can appear inside it. The company said it will allow third-party app stores and alternative…
Tesla’s Robotaxi Service Expands to Three Florida Cities
A driverless Tesla is now available for hire in Miami, Orlando and Tampa, making Florida the second state where the company’s robotaxi service operates. The expansion, which the company confirmed…
Meta Faces Class Action Over AI’s Role in Layoff Decisions
When a group of former Meta employees began comparing notes after their departures, they concluded that the decisions had not been made by their managers. Now they are suing to…
