What could stop Anthropic now? The maker of the Claude chatbot said Monday it is generating more than $30 billion in annualized revenue, up from $19 billion about a month ago and more than triple its year-end level. At that pace, the company is on track to surpass its mid-December projection of $32 billion in annualized revenue by the end of this year—and could do so eight months early! In... Read more ›
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Elon Musk argued in a new legal filing that OpenAI CEO Sam Altman and President Greg Brockman should be removed as officers of OpenAI’s nonprofit wing if Musk wins his lawsuit alleging OpenAI violated its charitable mission. While much of the recent activity in the lawsuit has focused on the ... Read more ›
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Anthropic announced on Tuesday that it will be providing access to its unreleased Claude Mythos model to more than 40 organizations, including Apple, JPMorgan Chase and the Linux Foundation, so they can test their software for security vulnerabilities. Anthropic says that Claude Mythos is ... Read more ›
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Amazon Web Services CEO Matt Garman on Tuesday played down the idea that Anthropic’s highly-praised Claude Code tool could undercut existing enterprise software companies. But Garman warned that if incumbent software firms try to “protect what they have and not lean in” to AI, “they’re in ... Read more ›
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Software developers are using AI agents to crank out more lines of code than is humanly possible, with companies like Meta hosting “tokenmaxxing” contests to see which coders can spin the AI meter the fastest.That trend is leading to a surge in traffic at Microsoft-owned GitHub, which hosts repositories where companies can upload and edit their source code. The AI-driven influx is causing a boom in business and straining GitHub’s... Read more ›
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Longtime Microsoft executive Eric Boyd is joining Anthropic as the AI lab’s head of infrastructure, Boyd said on Tuesday. Boyd has spent more than 18 years at Microsoft, and for the past several years has led engineering of hardware and software needed to host OpenAI and Anthropic models on its ... Read more ›
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Amazon has reduced the volume of packages it will ship through the US Postal Service to 80% of the current volume, under a new agreement the two sides struck. “We’re pleased to have reached a new agreement with USPS that furthers our longstanding partnership,” an Amazon spokesperson said. The ... Read more ›
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Intel says it’s now involved in a chip-making project led by Elon Musk’s companies SpaceX and Tesla, though neither company provided details on how they will work together or a timeline for the project. Musk announced plans for Terafab at an event in Texas last month, saying that it will ... Read more ›
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Anthropic said Monday afternoon it had topped $30 billion in annualized revenue, implying growth surged 58% since the end of February. It also suggests the maker of the Claude chatbot may have surpassed OpenAI, which was generating $25 billion in annualized revenue in February.Despite its success, Anthropic isn’t winning any fans in the developer community as it tries to clamp down on people using Claude to power tools like the... Read more ›
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Selling on Amazon is getting tougher for some big brands. In recent months, Amazon has rebuffed requests from some of the company’s wholesale suppliers to increase what it pays for their inventory, forcing brands to swallow higher costs related to tariffs, and more recently, oil prices, according to people who work with consumer brands like Colgate and Adidas and help them manage their relationships with Amazon. One result is that... Read more ›
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OpenAI suggested possible tax changes and a four-day work week as part of a range of potential industrial policies to prepare for the arrival of smarter-than-human AI systems it is developing. The ideas came in a 13-page document issued Monday. OpenAI also said it is setting up research grants ... Read more ›
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Broadcom said Monday that it would supply Anthropic with access to around 3.5 gigawatts of Google’s tensor processing units starting in 2027. The chip designer’s update, made in a securities filing, expands a previous partnership to supply Anthropic with about 1 gigawatt worth of TPUs. Broadcom ... Read more ›
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What’s the bet that OpenAI’s senior management team undergoes a shake-up before the company goes public? On Sunday, The Information reported that finance chief Sarah Friar has concerns about OpenAI’s readiness to go public and its ability to support its AI server commitments. And on Monday, The New Yorker published a long profile of CEO Sam Altman that reinforced longstanding questions about his trustworthiness. It doesn’t seem likely that these... Read more ›
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Anthropic said Monday it had topped $30 billion in annualized revenue, implying growth surged 58% since the end of February. The maker of the Claude chatbot was generating $9 billion at the end of last year and has been narrowing the revenue gap with the larger OpenAI. The maker of the ... Read more ›
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ServiceNow chairman and CEO Bill McDermott saw his compensation climb 37% to nearly $52 million in 2025, according to a regulatory filing Monday, thanks to a 30% higher cash bonus of $3.5 million and $43 million of stock awards. The stock awards were a significant increase from each of the past ... Read more ›
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OpenAI’s chief strategy officer, Jason Kwon, on Monday asked the attorneys general for California and Delaware to investigate Elon Musk’s alleged efforts to undermine OpenAI, according to a copy of the letter viewed by The Information. OpenAI argues that Musk has attempted to interfere with ... Read more ›
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Hello! Anissa here. Is Nvidia’s CUDA Vulnerable?Tatarchuk likes to poke the bear. The bear, in this case, is Nvidia. Tatarchuk has every incentive to challenge the chip company’s dominance. He runs startup TensorWave, which rents out AI chips from Nvidia rival Advanced Micro Devices.Last year, during Nvidia’s GTC conference, Tatarchuk hosted an event in San Jose, Calif., Beyond CUDA, drawing hundreds of attendees eager to talk about alternatives to Nvidia’s... Read more ›
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Oracle named Schneider Electric’s former chief financial officer Hilary Maxson to be CFO, the first time in years the software-and-cloud giant has had a CFO. Maxson’s appointment comes as Oracle has borrowed heavily to fund a huge investment in AI data centers. Maxson, who had announced her ... Read more ›
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SpaceX executives say its Starlink Mobile direct-to-cell service offered through mobile carriers will eventually reach hundreds of millions of customers around the globe, which would help justify SpaceX’s valuation. But right now, the service’s revenue is tiny. T-Mobile, for instance, SpaceX’s only mobile partner in the U.S., is offering its customers access to Starlink Mobile in exchange for paying SpaceX a total of around $100 million as it hits service... Read more ›
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Forget all the chatter about which AI coding tool is winning the race. The companies behind the leading AI coding tools are learning the benefits of peaceful co-existence. On Thursday, for instance, Cursor announced a new version of its app designed for coding with AI agents from different coding providers simultaneously, including Anthropic’s Claude Code and OpenAI’s Codex. OpenAI, meanwhile, last week released a software “plugin” that gives Claude Code... Read more ›
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28.04.2026 06:26
Last update: 06:21 EDT.
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