Anthropic announced in a blog post Friday night that customers could no longer access its advanced models, Fable 5 and Mythos 5, following a U.S. government order over national security concerns. The company also disabled access for foreign-national employees. The company said it had received an ... Read more âș
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A coalition of state attorneys general has sent OpenAI a subpoena seeking documents about how the ChatGPT makerâs chatbot affects users, an OpenAI spokesperson confirmed. The attorneys general directed OpenAI to send them information including advertising, user engagement, handling of consumer ... Read more âș
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Roku is in discussions to be acquired by another company, Bloomberg reported, sending shares of the streaming device maker up 20%. At the higher price, Reddit has a market capitalization of $21 billion. The idea that Roku might be acquired isnât new. Rokuâs ability to survive as a standalone ... Read more âș
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Crypto platforms Binance, Bybit and Bitget said Friday they had to cancel plans to offer tokens backed by SpaceX stock to overseas investors during the IPO after their partner in the venture, Kraken-owned xStocks, couldnât secure enough SpaceX stock. The episode is a setback for crypto ... Read more âș
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High up in Goldman Sachsâ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceXâs IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the SpaceX IPO was anything but normal. For seven months, Wall Streetâs premier investment banks had raced to keep up with a whirlwind of changes demanded... Read more âș
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Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employeesâ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track employee AI usage and spending in real time, set budgets and establish limits on employeesâ token spend, according to... Read more âș
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As Microsoft gets ready to overhaul its struggling Xbox gaming unit, it hasnât ruled out spinning out or restructuring the unit as a wholly-owned subsidiary, which could make it easier to sell, or creating a joint venture with other partners, according to three people with direct knowledge of the discussions. Microsoft doesnât have any imminent restructuring plans, but those options are on the table, the people said. While Xbox CEO... Read more âș
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SpaceX shares started trading at $150 per share around mid-day on Friday, up 11% from the companyâs initial public offering price of $135. Shares of the company climbed shortly after trading began, reaching about $165 shortly after noon. The offering makes SpaceX CEO Elon Musk the worldâs first ... Read more âș
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For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valleyâs ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Franciscoâbased concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance perceived as a wonder drug among wonder drugs: retatrutideâor reta for short. Like GLP-1s such as Wegovy and Ozempic, reta is a peptide-based drug, but... Read more âș
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Meta Platforms bought semiconductor startup Rivos last year to accelerate development of in-house chips and reduce its reliance on Nvidia as it pours cash into data centers for its AI ambitions. Now six months since the acquisition closed, Meta is struggling to make it work, beset by problems that illustrate the social media giantâs bigger challenges in actually building a chip business, according to 11 current and former employees who... Read more âș
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Anthropic is increasingly launching applications that directly compete with its own enterprise customers, triggering fears in the software and AI startup sectors, The Information reported. This friction boiled over during Anthropicâs recent launch of Claude Design, when Figma dropped out of ... Read more âș
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Sorry. We have no SpaceX news (if you define news as something you donât already know). The rocket-and-cloud firm on Thursday priced its IPO at the $135 offering number announced last week, as it was widely expected to. Check back tomorrow, when shares start to trade. (Hereâs a clue about the possible opening price.) Not to be a wet blanket, but donât forget that a more telling indicator of investor... Read more âș
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Itâs finally here! SpaceX Thursday officially priced its IPO at $135 per share, valuing the company at around $1.75 trillion, capping a frenetic six month stretch that defied many of the norms of initial public offerings. If the IPO goes well, expect to see more space public offerings soon.Sierra Space, for one, has been taking steps towards an IPO that could happen as soon as this year, according to two... Read more âș
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Weeks before Anthropic in April revealed Claude Design, an AI tool for creating designs and software application prototypes, it asked firms including Figma and Canva to be âpartnersâ of the launch announcement showcasing the toolâs capabilities. These two design firms, longtime Anthropic customers, saw the launch as an opportunity to show how its products could complement their own. But a few days before launch, Figma dropped out, and around the... Read more âș
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Crypto traders are pricing SpaceX perpetual contracts at $165 on exchanges such as Binance and Hyperliquid as of Thursday afternoon, about 20% higher than SpaceXâs IPO price of $135 per share. SpaceX stock is set to start trading on the Nasdaq Friday. Pre-IPO perpetual contracts is a new type of ... Read more âș
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SpaceX officially priced its initial public offering at $135 per share, the same figure as its earlier target, and the shares will start trading on Nasdaq on Friday, the company said in a filing. The take-it-or-leave-it approach upended Wall Street tradition where a company typically sets a ... Read more âș
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When Snowflake CEO Sridhar Ramaswamy and CFO Brian Robins face Wall Street analysts on quarterly earnings calls nowadays, theyâre armed with material from an internally developed AI agent. The agent tells the two executives the questions theyâre expecting the analysts to ask and provides suggested answers.The agent prepares that material in minutes, automating a process that used to take Snowflake staffers several weeks, according to Anahita Tafvizi, the companyâs chief... Read more âș
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Private equity firm KKR, the Kuwait Investment Authority, Nvidia and power generation company Vistra launched a new company on Thursday to finance and help build AI data centers. Nvidiaâs role as an anchor investor in Helix signifies another extension of the AI giantâs growing role in financing ... Read more âș
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Anthropic is moving forward with a plan to control its own servers for developing AI, giving it the ability to cut its computing costs in the long run. The maker of Claude in recent months has signed more than a dozen initial agreements, known as letters of intent, to lease data center facilities from various U.S. developers, according to several people with direct knowledge of the plans. Anthropic leaders have... Read more âș
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Meta Platforms has fully separated its operations from Manus after Chinese authorities ordered the companies to unwind their $2 billion acquisition deal, Bloomberg reported, citing people familiar with the matter. The parent of Facebook, Instagram and WhatsApp has halted data sharing with Manus, ... Read more âș
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Anthropicâs latest AI is so good at coding tasks that many firms are willing to pay top dollar to use it even as Anthropic effectively raises prices. But some customers are holding off over cybersecurity concerns.In releasing its latest model, Claude Fable, Anthropic started a new policy of holding onto any data that customers feed into the model for 30 days to ensure malicious actors arenât using the model for... Read more âș
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DoorDash launched a new AI assistant, Ask DoorDash, that customers can use to search for restaurants, shop for groceries and place orders in its app. In the coming weeks, customers will also be able to use the assistant to create restaurant reservations. DoorDash cofounder Andy Fang said that in ... Read more âș
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Google is considering giving Samsung Electronics a crucial role in making a component of one of its most advanced future AI chips, as the ongoing manufacturing capacity crunch pushes chip firms to look for suppliers beyond Taiwan Semiconductor Manufacturing Co. The U.S. tech giant is in talks with Samsung to manufacture part of a next-generation tensor processing unitâGoogleâs specialized AI chip used in its cloud data centersâwith Samsungâs 2-nanometer production... Read more âș
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We got big news in the past couple of days concerning a European court ruling against Google. But bear with me, this is not one of those knee-jerk anti-U.S. tech decisions we often see coming out of Europe. This ruling makes some senseâand could have broader implications for the AI sector. A court in Germany found that Google is responsible for what its AI models say in AI-written answers to... Read more âș
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Microsoftâs Xbox gaming unit plans to cut staff in the coming months as its financial picture worsens, according to someone with knowledge of the plans. In a note to staff Wednesday, CEO Asha Sharma said that Xboxâs âaccountability marginsââa term Microsoft uses internally to refer to profit ... Read more âș
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Oracle reported 21% higher revenue of $19.2 billion in the three months to May, its final quarter for its fiscal year. The growth rate was slightly slower than the previous quarter although on a constant currency basisâadjusting for foreign exchange changes, Oracleâs growth rate ... Read more âș
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Anthropic CEO Dario Amodei released a policy framework on Wednesday that proposed a mechanism for Americans to acquire a financial stake in the gains from the AI industry. The paper argued for the establishment of capital accounts for newborn Americans, similar to the new Trump Account program, ... Read more âș
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Advertisers can now create ads for specific products on ChatGPT by sharing feeds of product information with OpenAI, according to communications sent to advertisers reviewed by The Information. For now, information from the product feeds will only be used to create ads and will not inform or ... Read more âș
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Good morning! When Elon Musk tweeted details about SpaceXâs agreement with Anthropic late last month, saying the business deal was less durable than advertised, many investors and commentators seized on the fact that the details werenât in the companyâs initial public offering prospectus filed with regulators.They were right to point that out, of course. Details of that natureâfor instance, that SpaceX was guaranteed 180 days of revenueâshould have been in... Read more âș
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OpenAI CEO Sam Altman told staff in a Slack message on Monday that he expects OpenAI to go public âwithin the next yearâ and that âmany things could cause it to be sooner or later in that range, but filing now gives us optionality if we want to go sooner.â Another OpenAI leader also teased an ... Read more âș
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13.06.2026 04:16
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