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President Donald Trump said on Friday afternoon that he was directing every U.S. federal agency to stop using Anthropic’s technology, further escalating a feud between Anthropic and the Pentagon over Anthropic’s refusal to drop its AI safeguards. Trump’s statement came an hour before a deadline ...
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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The Devil Wears Prada is one of the great millennial fairy tales. Released in 2006, the year before the financial crisis and Great Recession would come for us all, the movie (based on a novel inspired by writer Lauren Weisberger’s experience working for Anna Wintour at Condé Nast) posits a subversive fantasy: Our heroine Andrea […] Read more ›
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AI startups are struggling to access Nvidia graphics processing units as Microsoft and other cloud providers divert GPU stockpiles to their internal teams or bigger cloud customers, leaving smaller firms scrambling for the remaining servers at higher prices. The supply crunch is impacting well-funded AI startups that have raised money from Sequoia Capital, Founders Fund, General Catalyst and Andreessen Horowitz and other major investment firms, according to founders and investors... Read more ›
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The Canadian AI lab Cohere will acquire the German AI lab Aleph Alpha for an undisclosed price, the companies said Friday. Schwarz Group, the German investment firm that is one of Aleph Alpha’s biggest backers, will also invest $600 million in Cohere’s upcoming Series E funding round, the ... Read more ›
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Intel shares jumped 25% on Friday in the wake of the company’s first quarter earnings report, which showed the all-important data center and AI revenue rising 22%, lifting overall revenue 7%. Intel projected second quarter revenue would rise as much as 14.7%. Intel, once the leading chip maker, ... Read more ›
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The Chinese government is planning to restrict tech firms from receiving funding from the U.S. without prior approval, as part of Beijing’s response to Meta Platform’s acquisition of AI agent startup Manus, Bloomberg reported. Officials have told some tech firms in recent weeks that they should ... Read more ›
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Meta and Amazon announced a deal on Friday for Meta to use Amazon’s Graviton chips. The deal, which a spokesperson said will total several billion dollars over multiple years, comes as Meta has been spending heavily on chips and cloud storage as it tries to turn itself into an AI powerhouse. ... Read more ›
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Last year, Pat Gelsinger found himself pondering a thorny, existential question: What should he do with his life after Intel? The chipmaker had unceremoniously ousted him in December 2024, and shortly after, his wife Linda gave him a firm nudge. “You’re not done yet,” she told him, as Gelsinger recalls it. So Gelsinger considered roles in government and private equity. Neither seemed right. Instead, he decided to embark on an... Read more ›
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Google has agreed to invest up to $40 billion in Anthropic, deepening a multi-pronged relationship that also includes a major expansion of Anthropic’s access to AI servers. The search engine company, an early backer of Anthropic, will initially invest $10 billion in at a $350 billion valuation, ... Read more ›
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The artificial intelligence era’s biggest legal battle heads to a showdown next week, as Elon Musk and OpenAI CEO Sam Altman are scheduled to face off in a federal courtroom in Oakland, Calif., over the future of the company that pioneered the AI boom. The trial in Musk’s lawsuit against Altman, OpenAI and its partner Microsoft starts with jury selection on Monday and is expected to run through mid-May, barring... Read more ›
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Nvidia shares closed at an all time high of $208.27 on Friday, giving the company a market capitalization of $5.06 trillion, marking a new stage in the AI chip’s dominance. While Nvidia’s stock had closed at $207 in late October, it had mostly traded in a tight range between $170 and $190 since ... Read more ›
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Nvidia CEO Jensen Huang cuts a distinctive image, habitually clad in one of his many leather jackets. But it wasn’t Huang’s outfit that caught the attention of another tech founder who saw him in Manhattan last year: it was the phalanx of security guards walking behind him. “He had a posse,” said the founder, who estimates Huang had at least five people in his detail. It’s not just Huang. This... Read more ›
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01.05.2026 07:49
Last update: 07:35 EDT.
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