5 place 0 fresh
Businesses are spending more on Anthropic and other AI providers, and the additional budget has to come from somewhere. One natural target for cuts is other software.
While businesses aren’t abandoning their enterprise applications outright, they’re putting themselves in a better position to do so if AI makes traditional apps less important. For starters, many are demanding shorter contracts and other favorable terms from longtime software as a service vendors, according to executives and consultants.
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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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Cantor Fitzgerald has been appointed to help with the sale, according to sources. Read more ›
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Rising production costs for key chip etching and cleaning material, anhydrous hydrogen fluoride, could lead to further price rises for consumers on memory and storage products, even as salvation lies in the latter months of the year. Read more ›
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The global birth rate is less than half what it was in the 1960s. See where birth rates are highest and lowest. Read more ›
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Airbnb’s annual Summer Release announced a scatter shot of updates and additions, instead of one big bet. Many of them – including the company’s first foray into rental cars – cross squarely into legacy OTA territory. Read more ›
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A long-running lawsuit over Vizio's Linux-based smart TV software is headed to trial in August, with the Software Freedom Conservancy arguing that GPL rules require Vizio to release complete source code owners could use to modify, maintain, or strip ads and tracking from their TVs. Ars Technica reports: The outcome could reverberate across the industry. Because many of today's popular smart TV operating systems are Linux-based, the case may help... Read more ›
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Airbnb is adding thousands of boutique hotels, new services and experiences to its app. Read more ›
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The Information
Apple is exploring ways to better incorporate AI agents into its App Store so it can benefit from the tech industry’s hottest trend while ensuring that the software in its store continues to play by its rules, according to people briefed on the matter. So far, the widespread embrace of agentic AI for software creation has put Apple on the defensive. For months, the company has been blocking vibe coding... Read more ›
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Modal, a startup that rents out Nvidia graphics processing units and software to help developers run and train models as well as agents, is in talks to raise money at around a $4.5 billion valuation. That would be an 80% premium to its last valuation from just a few months ago, according to two people with knowledge of the round. The steep hike in valuation follows a jump in its... Read more ›
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Anthropic’s new version of its Mythos AI showed “notable capability jumps” at finding and exploiting undiscovered software vulnerabilities compared to an earlier version of the model, researchers at the U.K.’s AI Security Institute said Wednesday. Anthropic has not released Mythos widely because ... Read more ›
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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 ... Read more ›
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Enhanced geothermal energy pioneer Fervo Energy raised nearly $2 billion in an initial public offering, giving it the financial firepower to grow aggressively and compete with natural gas to power AI data centers. Fervo is a leader in one of the hottest sectors in energy. The company deploys the ... 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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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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The U.S. Commerce Department has cleared Nvidia’s sales of its H200 chips to around 10 Chinese companies including Alibaba, Tencent, ByteDance and JD.com, as Washington eases its restrictions on AI chip exports to China, Reuters reported. Washington also approved H200 sales to some Chinese ... Read more ›
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Chinese premier Li Qiang met with more than a dozen American executives on Thursday in Beijing, telling tech and corporate leaders that the U.S. and China “can and should continue to be friends, partners.” The meeting with Li, China’s No.2 official, is part of a series of activities in President ... Read more ›
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U.S. Treasury Secretary Scott Bessent said in an interview with CNBC that the U.S. and China will discuss “AI guardrails” during President Donald Trump’s state visit to China this week. “We are gonna set up a protocol in terms of how do we go forward with best practices for AI to make sure ... Read more ›
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20.05.2026 13:34
Last update: 13:25 EDT.
News rating updated: 20:21.
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