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How is running an AI firm like running for Congress? In either case, you have to spend half your time raising money! Take Google’s surprising announcement on Monday afternoon that it plans to raise a total of $80 billion in equity “as part of its plan to fund investments” in AI. That’s in addition to the $85 billion it has already borrowed in the past year. Repeatedly raising tens of billions is par for the course for AI firms like OpenAI and Anthropic, whose businesses don’t turn a profit. But Google’s bus
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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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Alphabet, Inc. is doing something ambitious, and possibly playing hardball with OpenAI, Anthropic, and SpaceX. Read more ›
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Asus ROG celebrates its 20-year run with a gold-and-black gaming mouse with a see-through backside and impressive / excessive specs. Read more ›
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Asus’ latest gaming keyboard celebrates two decades of ROG with gold-plated accents, 8K polling, transparent switches and keycaps, an OLED touchscreen, and a hefty $599 asking price to match its 4.6-pound weight with its wrist rest. Read more ›
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Here at Computex 2026 in Taipei, Asus held an early press event to showcase its updated Zenbook, Expertbook, and Strix Scar laptops, along with the new TUF T700 gaming desktop. Read more ›
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ASUS revealed new convertible Windows laptops and three Zenbook 14 models with ARM64 and x86 processors. Read more ›
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Google is finally going to open its first physical store outside of the US "this summer". The company has announced that the store will be opening in Omotesando, Tokyo, Japan, specifically on the first floor of Omokado in Tokyu Plaza. The store will sell Pixel devices, Nest products, Fitbit devices, as well as accessories, and will also be offering "the latest AI experiences", whatever that means. Additionally, the store will... Read more ›
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I was impressed with House of Marley’s cheap USB-C earbuds, but they weren’t quite perfect — here’s why. Read more ›
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New feature will allow iPhone users to divide the check at dinner with a large group and generate payment requests, Bloomberg reports. Read more ›
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Going on a summer road trip is a time-honored tradition of American life, but highway driving brings with it all kinds of different risks. Read more ›
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Salesforce’s stake in frontier AI model provider Anthropic has reached a roughly $5 billion following multiple investments and Anthropic’s latest funding round, according to a person with direct knowledge of the matter. Bloomberg first reported the value of Salesforce’s stake in Anthropic on ... Read more ›
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Silicon Valley's AI boom is moving into robotics as OpenAI, Meta, Tesla, and startups race to give AI a body. Read more ›
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Salesforce is acquiring Contentful, a provider of content management software for businesses, in the latest sign of its efforts to make its customer data more easily accessible to AI agents. Terms of the deal weren’t disclosed, but Salesforce paid between $1 billion and $1.5 billion for ... Read more ›
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AMD's $549 Radeon RX 9070 GRE offers strong high-refresh-rate 1080p and 1440p gaming performance as it launches globally at Computex 2026. But a lower price tag could have truly changed the midrange game. Read more ›
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From Channing Tatum to Paul Robalino, here's all the famous names that got a mention in this game-samer. Read more ›
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AMD's Radeon RX 9070 GRE is finally available globally, and it's a solid performer for $549. Read more ›
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With GPUs in limited supply, AMD is relying on a cut-down graphics card to take up the slack. Read more ›
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The Information
When OpenAI first launched ChatGPT ads earlier this year, it lined up well-known brands with big advertising budgets, like Adobe, Ford and Target. Now it’s expanding its advertising business with offerings that cater more to marketers at far smaller companies, putting it directly into competition with ad giant Meta Platforms. OpenAI executives have told some outside ad technology firms that one priority is courting small local businesses, such as car... Read more ›
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The battle between OpenAI, Anthropic and Google spans revenue, models, server access and research talent. But as OpenAI and Anthropic barrel toward initial public offerings, public perception is also an important factor in the race as political backlash to the industry grows.OpenAI seems particularly vulnerable in PR after a series of awkward or embarrassing moments for its executives in the limelight. The challenge of managing such execs might help explain... Read more ›
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American Airlines plans to start adding SpaceX’s Starlink satellite internet service to around half of its main aircraft fleet beginning early next year, the airline said on Tuesday. The deal will offer in-flight wifi on approximately 500 narrowbody Airbus planes, but does not include the ... Read more ›
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Nathan Allman, 32, the founder and CEO of Ondo Finance, the biggest tokenized stock provider, has died unexpectedly, the company said. “It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo’s founder,” the company said on X late Monday, without disclosing the ... Read more ›
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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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01.06.2026 21:53
Last update: 21:40 EDT.
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