AMD’s Revenue Jumps 38% as Its AI Chips Close the Gap
Advanced Micro Devices reported first-quarter revenue of $10.25 billion, up 37.85% from a year earlier, the fastest growth in years, as its AI accelerators and server processors found buyers across…
Broadcom’s $120 Billion Seat at the AI Financing Table
Broadcom makes the networking chips that move data inside AI data centers. Increasingly, it also helps pay for the data centers themselves. The company has participated in financing for artificial…
Meta Weighs a Stock Sale to Fund Its AI Push
Meta Platforms is considering raising tens of billions of dollars through a stock offering to help finance its artificial intelligence buildout, according to people familiar with the discussions. The talks…
GitHub Copilot Moves to Usage-Based Pricing
On June 1, GitHub retired the currency it had used to bill for its AI coding assistant and replaced it with a new one: tokens. Every Copilot plan now works…
BofA Sees the Server CPU Market Quintuple by 2030
The computer chip that the AI boom was supposed to make irrelevant is having a comeback, and Bank of America has put a number on it. The server CPU market…
Apple’s ‘Rebuilt’ Siri Runs on Google’s Gemini
On the stage at Apple’s developer conference this week, a demo showed Siri summarizing a messy email thread, booking a table and layering photos into a trip itinerary. Tim Cook,…
Anthropic Quietly Added a Policy to Slow Rival Models, Then Pulled It
Buried on page 219 of a 319-page technical document that accompanied the release of Claude Fable 5 was a sentence that, on its own, read like routine policy: the model…
Anthropic Taps Tata Consultancy to Push Claude Into the Enterprise
Tata Consultancy Services is creating a dedicated division to deploy Anthropic’s Claude inside corporate customers, and more than 50,000 of its own employees will be onboarded onto the models, the…
OpenAI Weighs Deep Cuts to Token Prices as AI Price War Spreads
Inside OpenAI, the pricing spreadsheet has become a subject of near-daily debate. Executives are weighing steep cuts to the price of tokens, the units of text the company’s models process,…
Ex-xAI Engineer Sues, Claiming He Was Fired Over Grok Safety Warnings
The lawsuit landed in California state court the same morning SpaceX set the price for its initial public offering, a timing choice that was deliberate, according to a person familiar…
