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AI cloud firm Nebius’ revenues rocketed 684% to $399 million in the first quarter, the company reported Wednesday morning, reflecting the explosion of demand for AI neoclouds’ computing capacity. But Nebius, like fellow neocloud CoreWeave, is burning cash. Its capital expenditures jumped to ...
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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If you’re looking for a way to add a personal touch to Father’s Day or graduation gifts, the Cricut Joy 2 can help you customize everything from water bottles and bookmarks to greeting cards and gift cards. The Cricut Joy 2 Rainbow Essential Bundle includes enough vinyl, cardstock, iron-on materials, and other supplies to create […] Read more ›
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It seems like all the top 3D printer makers are running sales right now, and they're way bigger and better than Amazon's pre-Prime Day deals. Read more ›
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1TB Samsung T9 Portable SSD with up to 2000MB/s speeds gets a welcome price cut ahead of Amazon Prime Day. Read more ›
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Pokémon is the second Lego theme to have Smart Play sets, following Star Wars. Read more ›
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For Jensen Huang, Nvidia’s charismatic CEO, it was probably a deja-vù when he walked on the stage at Computex 2026 for the keynote Read more ›
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Nvidia's supply chain is looking relatively strong, despite constrained supply and pressure from Vera Rubin, RTX Spark Read more ›
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Along with the announcement of this year's Prime Day dates, Amazon is offering some tempting freebies, and I have all the details on how to win a $1,000 Amazon gift card and a year of free groceries. Read more ›
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Subnautica 2 has rolled out a new hotfix, the third since it launched into early access a little over two weeks ago. This particular update is special, however, as it's the first to arrive following the debate among players about whether or not you should be able to defend yourself from fish attacks, rather than avoid them. Read more Read more ›
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TD Securities says "perpetual futures" are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading. Read more ›
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All of the biggest tech brands have released their flagship phones for the 2025/26 season — here are our favorites for every type of user. Read more ›
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In the social event planner’s first major move toward monetization, Partiful is getting ticketing directly in the app. Read more ›
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io9 has an exclusive chat between 'Mr. Robot' creator Sam Esmail and the show's number one fan, 'Backrooms' director Kane Parsons. Read more ›
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New EU battery rules taking effect early next year are pushing tech makers toward user-replaceable batteries in products like headphones, e-readers, handheld consoles, laptops, and possibly earbuds. But carve-outs for smartphones and tablets may mean replaceable batteries won't necessarily return to phones in the way many users remember. The Verge's Dominic Preston reports: Since the upcoming law doesn't actually come into force until February 18th, 2027, companies still have plenty... Read more ›
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In an exclusive interview, Obsession star Megan Lawless discusses Sarah's shocking death, the film's breakout success, her friendship with Inde Navarrette, and what's next. Read more ›
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Microsoft’s annual developer conference is kicking off on June 2nd in San Francisco with the keynote presentation streaming live at 12:30PM ET / 9:30AM PT, and we will be following along here with everything as it’s announced. The Verge’s Tom Warren reports that we can expect to hear about new AI models and agentic OpenClaw-like […] Read more ›
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The Information
Many corporate leaders say they’re getting value from AI as their spending on it skyrockets, but hype is outpacing reality in plenty of cases.On a podcast over the weekend, for instance, Uber Chief Operating Officer Andrew Macdonald said the ride-hailing company isn’t seeing a clear increase in productivity from using AI coding services despite their use by its engineering teams. That has prompted executives to discuss how to get a... Read more ›
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Dropbox founder and CEO Drew Houston said Tuesday that he plans to step down as CEO, ending one of the longest running tenures at the helm of a tech company. Houston said Ashraf Alkarmi would become co-CEO with him during a transition period, after which Houston would become executive chairman ... Read more ›
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ServiceNow Chief Marketing Officer Colin Fleming said Tuesday that he is leaving the IT services software giant for OpenAI, where he will assume the role of CMO for its business segment. The executive worked for ServiceNow for two years and was previously a marketing executive at Salesforce for ... Read more ›
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AI startup Baseten has recently been in talks with investors to raise $1 billion at an $11 billion valuation including the money, according to a person with knowledge of the fundraise. That would more than double the company’s $5 billion valuation from its last round, which was announced just three months ago. The fundraising comes on the back of strong revenue growth for the startup, which rents out Nvidia AI... Read more ›
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Less than a year ago, our reporters kept hearing doubts about a group of startups called inference providers. Companies like Fireworks, Baseten and Together AI, which rent out Nvidia servers to app developers and help them customize open-source models, had grown quickly but seemed at risk of getting steamrolled by major cloud providers that could build these capabilities in-house. Those traditional cloud providers also have the advantage of owning the... Read more ›
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On New Year’s Day, OpenAI leaders would have been happy to hear that the company’s monthly revenue would rise more than 50% over the first five months of 2026, roughly in line with the projections it previously shared with investors. But they’re not likely to feel that way now: That pace looks downright tame compared to that of Anthropic, whose revenue grew five times in the same period, leapfrogging OpenAI’s.Anthropic... Read more ›
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Baseten, a startup that rents out Nvidia AI servers to application developers and helps them customize models, has recently been in talks with investors to raise $1 billion at an $11 billion valuation including the money, The Information reported Tuesday. That would more than double the company’ ... Read more ›
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Micron Technology crossed $1 trillion in market value for the first time Tuesday, as shares climbed 19% on rising demand for memory chips used in AI systems. It was Micron’s largest single-day gain since 2011. The rally came after UBS sharply raised its price target for Micron to $1,625 from ... Read more ›
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Qualcomm has reached a deal with ByteDance to supply chips for AI data centers to the Chinese tech giant, Bloomberg reported. The deal comes as Qualcomm, one of the world’s largest suppliers of smartphone processors, is trying to increase its presence in chips for AI computing. As part of the ... Read more ›
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ByteDance is considering more than doubling its capital expenditures this year to as much as $70 billion, as the Chinese tech giant ramps up its investment in data centers and other AI infrastructure, Bloomberg reported. ByteDance’s capex plans reflect the surging costs of compute in the AI ... Read more ›
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02.06.2026 12:22
Last update: 12:15 EDT.
News rating updated: 19:12.
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