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Microsoft is preparing to incorporate large language models developed in-house, and certain LLMs from third parties, as alternatives for OpenAI’s LLMs in Microsoft 365 Copilot, its main generative AI product, Reuters reported. Microsoft’s goal is to make Copilot’s AI ...
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The Information
Helion Energy, a nuclear fusion startup backed by OpenAI’s Sam Altman, still has to prove it can produce electricity to serve data centers and other customers. But investors seem confident it can deliver. The Everett, Wash.–based company said it has raised $465 million in a funding round led by Thrive Capital, the investment firm founded by Josh Kushner, a big backer of OpenAI. Helion’s valuation after the investment was $15.5... Read more ›
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The billionaire co-founder of Databricks and Perplexity AI, Andy Konwinski, is singularly focused on plugging the years-long drain of talent from academia to Big Tech.He wants to encourage academics to focus on publishing more openly available research, a reaction to the move by frontier AI companies to reduce the amount of AI research they publish as they race against one another to develop the best models and AI tools. While... Read more ›
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Pinterest said it would spend $4 billion on Amazon Web Services infrastructure through 2031, the largest infrastructure commitment in the company’s history. As part of the deal, Pinterest will use AWS’ Trainium chips for AI workloads and expand its use of Amazon’s CPU Graviton. Pinterest has ... Read more ›
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Two members of Congress released a sweeping discussion draft for an AI regulatory framework on Thursday, proposing a bipartisan federal approach ahead of November’s midterm elections. Led by Reps. Jay Obernolte (R-Calif.) and Lori Trahan (D-Mass.), the bill represents the latest Congressional ... Read more ›
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Tech firms ranging from Block to Meta Platforms have announced mass layoffs in the past year, frequently citing AI as allowing them to do more with less people. In a variation on that approach Snowflake says it used layoffs to force software engineers to use AI tools and become more productive.“At the time, my team hated me, but I thought it was a provocative way” to get them to use... Read more ›
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SpaceX, planning the largest initial public offering of all time next week, will already need to raise more cash by next year if private forecasts from analysts at Goldman Sachs come to fruition. SpaceX’s lead bank on the IPO, in aggressive forecasts shared with prospective investors this week, expects the company to burn $120 billion this year and next year combined, and another $230 billion through 2030, as it significantly... Read more ›
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Cybersecurity stocks CrowdStrike and Palo Alto Networks have risen 50% or more this year based on the perception that an AI-driven increase in cyberthreats will make their services all the more important. Yet Rubrik, which also stands to benefit from that trend, is up only 1% so far this year. That lag likely results from investors’ narrow view of what constitutes a cybersecurity firm, and partly because its AI business... Read more ›
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Microsoft CEO Satya Nadella on Thursday rebuked an internal memo that another company executive had written advocating to “make people addicted” to its new AI agent product called Scout. “This is absolutely a non goal! If anything we are doing the exact opposite. We want to make sure AI empowers ... Read more ›
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Cybersecurity and data recovery firm Rubrik reported 39% higher revenue of $387 million for the April quarter, far exceeding what Rubrik had projected for the quarter. Rubrik, which in February released a new software tool to help companies manage intelligence agents, also upped its revenue ... Read more ›
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Airbnb chief executive Brian Chesky is in early stage talks to fund a new AI lab, according to a person with knowledge of the discussions. The lab will aim to develop models with a possible design focus, according to a Bloomberg report. In recent months, Airbnb has made strides to become a more ... Read more ›
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11.06.2026 01:18
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