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Microsoft estimates it will have spent more than $100 billion on commercial agreements with OpenAI by the end of its fiscal year in June, executive Michael Wetter testified in court on Wednesday. That number includes the $13 billion Microsoft invested in OpenAI, as well as the costs of building ...
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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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The Amazon Fire phone, launched in 2014, was an unmitigated disaster for the company, and it's been keeping its distance from the space ever since. However, back in March a report surfaced claiming the company was developing an AI-powered phone. If you've been anxiously expecting it to happen, we have some bad news. According to Amazon's boss for consumer electronics Panos Panay, Amazon isn't "necessarily" doing a phone, since "there's... Read more ›
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Ukrainian company Celebra Tech claims its Trident laser weapon destroys drones, helicopters, and surveillance systems across significant battlefield distances. Read more ›
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Keen to see more from the Dark Pictures Anthology? You won't want to miss these collectibles. Read more ›
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Remember Bard? It was the original name of Google’s AI chatbot, but the Gemini brand long ago replaced it. Just as you’ve likely forgotten that history, you’re not likely to remember Rufus in 12 months’ time, either. Rufus, the name of Amazon’s AI-powered shopping chatbot, got tossed on Wednesday and replaced with Amazon’s well-established Alexa virtual assistant brand name. I could make lots of jokes about what a terrible name... Read more ›
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Thankfully, both are old. But this raises questions about what's considered private info in the AI age. Read more ›
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The final Backrooms trailer has arrived as A24 prepares to bring the internet's creepiest urban legend to theaters on May 29. Read more ›
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LinkedIn is cutting marketing roles and trimming paid media spend as it leans on AI, its CMO Jessica Jensen says in an internal email. Read more ›
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For decades, the IQ test has been one of the most familiar — and most contested — yardsticks for human intelligence. Now, a startup project called AI IQ is applying the same metaphor to artificial intelligence, assigning estimated intelligence quotients to more than 50 of the world's most powerful language models and plotting them on a standard bell curve.The result is a set of interactive visualizations at aiiq.org that have... Read more ›
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The new Alexa for Shopping feature can use data about the customer to help find products. Read more ›
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Ikea's Family Membership plan may not seem like a big priority to get, but if you shop often at the Swedish megastore, it can bring a lot of meaningful perks. Read more ›
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Apple is unveiling iOS 27 on June 8, and a new report from the usually very reliable Mark Gurman at Bloomberg brings us more details about it. According to him, the camera app will become customizable in iOS 27. You will be able to choose which features you want to see in the app and where they're placed. This includes the controls for the flash, exposure, the timer, night mode,... Read more ›
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Apple released iOS 26.5 yesterday with a new Suggested Places feature in the Apple Maps app, which is a precursor to the ads that Apple plans to start showing later this year. There was some confusion over whether ads are live, but as of now, the Apple Maps app still doesn't have ads. Apple did start laying the groundwork for ads in iOS 26.5 and tested a splash screen, but... Read more ›
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Ring's latest upgrades complete its new generation of higher-resolution cameras, now available with bright LED lights. Read more ›
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Cisco Systems reported revenue grew 12% to $15.8 billion in its April quarter compared to last year—up 2% from last quarter—and forecast 14% growth for its current quarter. On an earnings call, Cisco executives said the acceleration stems from major cloud providers ordering more networking ... Read more ›
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Looking for Quordle clues? We can help. Plus get the answers to Quordle today and past solutions. Read more ›
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Looking for NYT Connections answers and hints? Here's all you need to know to solve today's game, plus my commentary on the puzzles. Read more ›
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Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
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The Information
Is xAI the next CoreWeave? SpaceX’s announcement on Wednesday that its xAI unit had struck a deal to supply computing capacity to Anthropic comes a couple of weeks after xAI struck a similar deal with AI coding startup Cursor. Last we checked, AI firms with leading models need all the computing capacity they can get, which means they’re constantly looking for capacity from others. Renting out their own capacity is... Read more ›
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Anthropic CEO Dario Amodei said Wednesday that an 80-fold jump in revenue and customers’ AI use in the first quarter took the company by surprise. “We tried to plan very well for a world of 10x growth per year,” he said on stage during the company’s Code With Claude developer conference in San ... Read more ›
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Elon Musk’s lawyers are close to resting their case against OpenAI, but his path to winning a blockbuster legal victory looks steeper than when the trial began, according to lawyers following the case. The Musk team is expected to wrap up its presentation by Monday, after nearly two weeks trying to prove his claim that OpenAI’s other co-founders “stole a charity.” The testimony so far has followed a pattern, with... Read more ›
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OpenAI and Anthropic’s servers are generally bursting at the seams, while xAI’s mountain of servers aren’t as busy, as we and others recently reported. That’s burning a multibillion-dollar hole in the pocket of new xAI owner SpaceX, which is trying to go public soon and is sure to receive tremendous scrutiny over its AI-related losses.So after xAI recently struck a deal to offload server capacity to AI coding assistant Cursor,... Read more ›
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The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring program U.S. regulators imposed on the crypto exchange in 2023, when it pleaded guilty to charges related to sanctions and anti–money-laundering violations, The Information has learned. The Treasury Department’s request—which it sent to Binance in a letter in the past few weeks—comes in the wake of recent reports that more than $1 billion flowed through... Read more ›
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After Microsoft bought the rights to use OpenAI’s technology for free, Microsoft developed a case of Copilot fever, launching Copilot-branded AI features in dozens of products, from Office and Bing to PowerBI and Dynamics. Microsoft appears to be dialing it back a bit, seemingly in response to complaints from customers that the Copilots are unnecessary or annoying. This week, for instance, newly appointed Xbox CEO Asha Sharma announced that Gaming... Read more ›
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When OpenAI and chip designer Broadcom announced last fall that they would make custom artificial intelligence chips together, they positioned it as a done deal. The companies said the deal would bring enough chips online before 2030 to consume 10 gigawatts of power, equivalent to five Hoover Dams’ worth of electricity, in a bid to lessen OpenAI’s costly dependence on Nvidia hardware. What they didn’t say was that they hadn’t... Read more ›
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Datadog reported revenue grew 32% to more than $1 billion in its March quarter—up 7% from last year—and raised its full-year projection to 26% growth, from the 20% it issued a few months ago. Shares of Datadog rose around 30% after its earnings report, suggesting investors’ fears about AI’s ... Read more ›
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Allen Control Systems, a four-year-old startup building an autonomous weapons station that can shoot down drones, is aiming to raise new funding at a valuation of $2 billion before the investment, according to two people with knowledge of the efforts. The startup is targeting a round size of roughly $200 million, the people said. The company’s target valuation would be over 14 times its last round, a remarkable increase even... Read more ›
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Airbnb’s revenue growth accelerated to 18% in the first quarter, from 10% in the previous two quarters, although the accommodation hosting service projected slightly slower growth for the second quarter. Airbnb projected revenue would grow between 14% to 16% in the second quarter. The ... Read more ›
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13.05.2026 20:45
Last update: 20:30 EDT.
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