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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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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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Costco is where to go if you want to get a year's supply hummus, a blender, and a pair of pants all at once, but did you know it's also great for tech shopping? Read more ›
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The gradations of Democratic blue are on display in New York’s congressional primaries this Tuesday, where high-profile races are already highlighting the party’s emerging divisions over how to regulate artificial intelligence, immigration enforcement, and the United States’ relationship with Israel. The primaries are also an important test of political strength for New York City Mayor […] Read more ›
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Employees had previously raised concerns about the initiative, which involves collecting workers' keystroke data to train AI models. Read more ›
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Fans, coffee machines, vacuum cleaners, air fryers, TVs, shavers and more get nice discounts to beat Amazon to the punch Read more ›
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The Army combined maneuver forces and weapons across cyber, space, electronic warfare, and fires into a new one-of-a-kind command. Read more ›
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Meta's AI Model Capability Initiative faces scrutiny after a data leak exposes internal security risks, sparking employee concerns. Read more ›
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From smart speaker stands to charging docks, accessories are just as affordable as devices this Prime Day. Read more ›
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Leatherman is one of the most well-known multitool brands, but it can be quite expensive. This brand offers cheaper tools with certain customizable advantages. Read more ›
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A sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals remain intact. Read more ›
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The Titanium Blue Galaxy Watch Ultra 2025 offers 64GB storage, LTE, and a rugged titanium build. Read more ›
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Boston Consulting Group and Anchorage Digital are urging banks to move digital assets “from experimentation to scale,” in a new report aimed squarely at the U.S. market. But for European lenders, the real test comes sooner: a hard Markets in Crypto-Assets (MiCA) cut-off on July 1, and a euro-stablecoin race already underway. According to the ... Read more ›
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I tried Ina Garten's easy pasta salad recipe, and it's my new go-to for summer barbecues. It was briny, refreshing, and different from other recipes. Read more ›
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Signed up to Amazon Prime recently? Great, because you can enjoy deals as low as $0.99 a month on 36 streaming bundles and subscriptions on Prime Video. Read more ›
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While I really liked the Polaroid Go Gen 3, I actually think its predecessor is the one to buy this Prime Day — here's why. Read more ›
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RedMagic has revealed the Gaming Tablet 5 Pro, featuring a Snapdragon 8 Elite Gen 5 processor, active cooling, and a high-refresh OLED display. Read more ›
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Qualcomm has been in talks to buy Tenstorrent, a startup that designs chips for AI, according to a person with direct knowledge of the deal. The two companies have discussed a price between at least $8 billion and $10 billion, the person said, which would be a significant premium to Tenstorrent’s last valuation. It’s not clear if the price would include payments tied to performance milestones, as has been the... Read more ›
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There’s a lot going on all of a sudden. We’re all still trying to come to grips with the latest Anthropic-Trump administration standoff. SpaceX’s market performance so far has been like a rocket ship: The stock rose 20% on Monday, finishing with a market capitalization of $2.5 trillion. And back on Earth, we got some notable acquisitions on Monday, in a sign that mergers and acquisitions are alive and well.... Read more ›
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Anthropic senior leaders met with top Trump administration officials on Monday to discuss a resolution to a White House directive that caused the AI startup to suspend access to its latest models, according to a company spokesperson. A spokesperson for the White House did not respond to a ... Read more ›
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Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) under an unusual deal structure, according to two people with direct knowledge of the matter. The funding round, which values the large-language model developer at more than $50 billion, requires investors to put their capital into a limited partnership managed by DeepSeek CEO Liang Wenfeng, instead of DeepSeek itself, as a... Read more ›
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Chinese AI lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.4 billion) under an unusual deal structure, The Information reported. The funding round, which values the large-language model developer at more than $50 billion, requires investors to put their ... Read more ›
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SpaceX announced it agreed to buy AI coding startup Cursor for $60 billion on Tuesday. The announcement came only a few days after SpaceX went public at a valuation of about $1.77 trillion. Since the IPO, SpaceX stock has risen 42% to close on Monday at $193.50, valuing it at $2.5 trillion. The ... Read more ›
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Ornn, a startup that tracks the cost of computing power for artificial intelligence, has launched a service to track the price of tokens produced by the leading AI labs. The new benchmark comes as AI firms’ customers and financial backers search for better ways to track major AI costs. The Ornn ... Read more ›
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Polymarket and Kalshi are racing to turn more major events into opportunities to place bets, including everything from daily temperature highs during a New York City heat wave to the latest contestant to be eliminated from “Love Island,” the reality TV hit. That’s helped the young markets become high-profile sentiment gauges and generate meaningful revenue, with Kalshi’s annualized revenue hitting around $1.5 billion in May and Polymarket pacing at roughly... Read more ›
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Remember the last time Anthropic tussled with the Trump administration, all the way back in February, when a coterie of competing AI researchers and CEOs (even Sam Altman!) quickly came to Anthropic’s defense?Remember the last time Anthropic tussled with the Trump administration, all the way back in February, when a coterie of competing AI researchers and CEOs (even Sam Altman!) quickly came to Anthropic’s defense?That doesn’t seem to be happening... Read more ›
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The U.S. military used xAI’s Grok to help plan its bombing missions against Iran earlier this year, according to a court filing from a Pentagon official. A Grok model is deployed as part of Maven Smart Systems, a government AI service, to support “vital national security missions” including ... Read more ›
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22.06.2026 16:43
Last update: 16:35 EDT.
News rating updated: 23:30.
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