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One day before he was fired by OpenAI’s board last week, Sam Altman alluded to a recent technical advance the company had made that allowed it to “push the veil of ignorance back and the frontier of discovery forward.” The cryptic remarks at the APEC CEO Summit went largely unnoticed as the company descended into turmoil.
But some OpenAI employees believe Altman’s comments referred to an innovation by the company’s researchers earlier this year that would allow them to develop far more powerful artificial.
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The Murdoch family’s Fox is buying Roku for $22 billion in cash and stock, or $160 a share, giving Roku shareholders an exit at the highest price at which the stock has traded since the 2020-2022 Covid-fueled surge. In recent years Roku has traded mostly below $100 a share. Roku, which sells ... Read more ›
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When Broadcom last week announced a funding venture with Apollo and Blackstone to pay for a gigawatt of computing capacity to be used by Anthropic, it looked like the latest in a series of AI computing deals funded by private equity. Behind the scenes, however, the deal represents a risky move by Broadcom to boost demand for its chips. While the announcement didn’t spell out Broadcom’s role, the company—which works... Read more ›
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Salesforce has agreed to buy Fin, a startup that develops customer agents formerly known as Intercom, for $3.6 billion, as the software giant hopes to win new businesses from enterprises to adopt its own AI offering. The sale price is a big premium to Fin’s last valuation of $2 billion set at a ... Read more ›
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Anthropic can’t catch a break! Leaders of the AI firm are meeting with Trump administration officials in D.C. this week to try to resolve a dispute that blew up on Friday night. The administration said that it would need to cut off access to its most advanced Claude Fable 5 and Claude Mythos 5 models to foreign nationals, which led to the company taking down the models altogether. Then, on... Read more ›
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As AI developers and cloud providers have launched server chips to lessen their dependence on Nvidia’s, some analysts and executives at these firms expected the chips to eat into Nvidia’s market share.That doesn’t seem to be happening.Nvidia has actually increased its share of the market for chips that power existing AI models, known as inference, to 74% from 66% over the past year, according to The Information’s estimates based on... Read more ›
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A Washington, D.C.-based Anthropic customer filed a class action lawsuit against Anthropic Sunday night alleging that the company had misled customers about the value of its premium “Max 5x” and “Max 20x” subscription plans. The lawsuit alleges that Anthropic markets its Max 20x plan, which ... Read more ›
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Nvidia said Monday it plans to raise new debt even as the AI chip leader keeps generating tens of billions of dollars in cash every quarter. It will be the company’s first corporate bond sale since 2021, when it raised $5 billion. Bloomberg earlier reported that Nvidia would sell more than $20 ... 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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22.06.2026 07:54
Last update: 07:45 EDT.
News rating updated: 14:41.
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