Broadcom and Apple agreed to expand their âlongstanding technology collaboration through 2031,â Broadcom said in a securities filing, adding that the companies had struck ânew multi yearâ agreements for Broadcom to develop and supply custom chips for Apple to use in various products. Apple has ... Read more âș
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Singaporean prosecutors filed new charges against one of the suspects in a case related to smuggling Nvidia chips from the Southeast Asian country to other destinations such as China. The case began in February 2025 and has since expanded, as prosecutors alleged that the suspects falsely ... Read more âș
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Alibaba Group and ByteDance will stop offering their chatbot appsâ features that enable users to create their own personalized AI agents, as Beijing prepares to enforce new rules on humanlike AI interactions. ByteDanceâs Doubao, Chinaâs most popular AI app by users, and its rival Qwen from ... Read more âș
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Tech IPOs are definitely getting more interesting. On the heels of last weekâs debuts by Bending Spoons and Lime, this week weâve got South Korean memory chip giant SK Hynix, which is expected to list on the Nasdaq on Friday, adding to its existing South Korean stock exchange listing. Hynix will raise money as part of the Nasdaq listing, making investor reception to the offering another indicator of the IPO... Read more âș
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Tesla said it rolled out its Robotaxi service in Miami on Friday, according to a post from its social media account on X. Itâs the fifth city the automaker has launched its ride-hailing service as the company continues to expand its self-driving efforts alongside rivals like Waymo and Zoox. ... Read more âș
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Walmart isnât generally thought of as an advertising business, but the retail giant now makes more money selling ads than small social media firms like Snap or Pinterest do. And judging by the growth of its ad business in recent years, along with its acquisition of companies aimed at bolstering that business, itâs positioned to become an even more important presence in the industry. Walmartâs ad revenue hit nearly $6.4... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Pickleball is the pastâthe tech elite is obsessed with padel. ⹠Plus, an Americana-themed batch of Recommendationsâour weekly pop culture picks: âThe Americans,â âEast of Eden,â âHigh Desert Daydream,â âLonesome Dove,â USA vs. Belgium, and âThe Twilight Zone.â The yearâs midpoint is an apt moment for some studied reflection, and Iâve been thinking about how much has changed in the last six... Read more âș
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Back in 2023, Matias Gandulfo and Lucas Tepman set out to build the first club in San Francisco devoted to padel, a racket sport that combines elements of tennis and squash. It originated in Mexico and is popular in their native Argentina, attracting millions of players. But potential California landlords for the club thought they were nuts: No way would padel take off in America, too. The two eventually found... Read more âș
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Alibaba Group has banned employees from using Anthropicâs Claude Code, and asked them to remove all Claude models from their work computers, according to two employees with knowledge of the matter. Alibaba told some employees Friday that the ban is due to security concerns about Anthropic, after ... Read more âș
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Kuaishou Technology said its Kling AI video unit has raised $2 billion in a fundraising at a pre-money valuation of $15 billion, as the Chinese social media giant taps outside investors to fund the unitâs rapid growth. As the agreement allows more investors to join the funding round later, Kling ... Read more âș
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Hands up if youâve got a neocloud going up in your backyard! Iâm joking, of course, but it almost feels like some people must be putting AI chip servers in their gardens, given the rush of people wanting to start a neocloud business. (Thatâs the tech worldâs term for firms that rent AI servers to others.)SoftBank on Thursday announced the creation of a U.S. neocloud venture, joining hundreds of other... Read more âș
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A British law firm has scored a big win: a role in the Anthropic initial public offering, expected to raise tens of billions at a valuation of more than $1 trillion.Anthropicâs bankers have brought on U.K. law firm Freshfields to work on the IPO, according to people familiar with the matter.The London-based law firm is a relative newcomer to the lucrative practice of advising on U.S. IPOs. Founded in 1743,... Read more âș
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Like other software leaders these days, Palantir CEO Alex Karp is on a mission to convince businesses they need a trusted intermediary between their wallets and Anthropic or OpenAI, rather than dealing directly with the two AI firms.I spoke to Karp shortly after his fiery appearance on CNBC, where he appeared to accuse OpenAI and Anthropic of stealing data from and overcharging their customers, and positioning Palantir as a critical... Read more âș
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Softbank Group Corp. and its telecom unit SoftBank Corp. said Thursday they will start renting AI computing resources to U.S. companies, starting in April. The capacity will come through a new neocloud venture, SB Neo, Inc., with plans to scale to 10 gigawatts to meet the growing demand for AI ... Read more âș
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Tesla told staff last month it would impose a $200 per week limit for staffâs AI spending beginning July 6, according to an internal memo, a sign that even companies committed to using the technology to transform their operations and products are having to watch their costs. Over the past few months, software engineers at Tesla were often consuming thousands of dollarsâ worth of tokens each week, according to two... Read more âș
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The European Court of Justice dismissed Googleâs final appeal on Thursday in an antitrust case over its Android operating system, ending an eight-year legal battle that began when the European Commission first fined the search giant in 2018. As a result, Google will have to pay 4.1 billion ($4.7 ... Read more âș
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Microsoft is merging the consumer and enterprise versions of its Copilot AI chatbots into a single application as it tries to create a more formidable competitor to Anthropicâs Claude and OpenAIâs ChatGPT, a Microsoft executive told staff Thursday morning. In a 1,200-word memo, Jacob Andreou, an executive vice president, said the new unified app will also feature AI coding tools and new AI agents that customers would need to pay... Read more âș
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Jay Puri, Nvidiaâs top sales executive and one of CEO Jensen Huangâs direct reports, stepped down from his day-to-day role Wednesday, according to a Thursday regulatory filing. Puri, 71, told Nvidia on June 28 he intends to retire on his successorâs first day. Nicholas Parker, a longtime ... Read more âș
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OpenAI has discussed the government taking an equity stake in the company with a range of percentages put forward, according to a person familiar with the talks, who described the discussions as preliminary. The Financial Times earlier reported that OpenAI CEO had proposed a 5% stake. In a ... Read more âș
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Teslaâs vehicle deliveries rebounded by 25% to 480,000 in the second quarter, following a sales slump in 2025, the company said on Thursday. Out of the deliveries, 468,000 were Model 3 or Model Y vehicles, while 12,000 were other models including the Cybertruck, Model X and Model S. Tesla ... Read more âș
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27.07.2026 09:49
Last update: 09:41 EDT.
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