The AI shopping race is shifting quickly. In less than six months, AI companies have mostly stopped trying to make agents that browse and shop directly on retail sites and have focused instead on putting checkout features inside AI chatbots. That’s elevated the importance of the engineers who have been building these shopping features as well as the executives working on commercial partnerships related to them. With that in mind,... Read more ›
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Shein’s elusive founder Xu Yangtian made a rare public appearance on Tuesday in a forum hosted by the government of Guangdong, and pledged to invest 10 billion yuan ($1.5 billion) in the Chinese province in the next three years. In a short speech, Xu said that Guangdong is where Shein has its ... Read more ›
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Anthropic ended a commitment to not train or release risky models without commensurate safeguards, replacing it instead with a more narrow policy that only requires such restraint in particular cases, including if Anthropic is “in the lead” among competitors. In an announcement of the shift, ... Read more ›
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CoreWeave is nearing a deal to raise $8.5 billion in debt backed by its AI chips and contracts from Meta Platforms to purchase cloud services, said a person with knowledge of the deal. The cloud company expects to pay an interest rate of about 6% for the debt, which it expects will receive an A- ... Read more ›
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Talk about symbolic. This week’s annual conference for bankers and investors who play in the arcane world of asset securitization—selling debt backed by mortgages and other cash streams—was disrupted when an exhibit hall at the convention in Las Vegas caught fire on Monday night. I’m not kidding. You could say the blaze was a physical manifestation of the financial risks associated with the topic on attendees’ minds: data centers.I’m at... Read more ›
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Secretary of War Pete Hegseth threatened on Tuesday to invoke the Defense Production Act to force Anthropic to let the Pentagon use its AI models for “any lawful use,” if Anthropic does not agree to those terms voluntarily by Friday, according to a person familiar with a meeting attended by ... Read more ›
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OpenAI has become increasingly optimistic about the revenue it expects to generate from both consumers and businesses, pushing up its projections for the next five years. Clouding those forecasts, however, are escalating cloud server costs that have outstripped revenue growth.Those pressures were stark last year, when OpenAI’s gross margins fell to 33% from 40% in 2024, missing its own forecasts of 46%. Archrival Anthropic, which also recently raised its revenue... Read more ›
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Workday stock fell as much as 8% in after-hours trading Tuesday as the HR software maker said subscription revenue growth would slow in the current fiscal quarter ending in April, fueling fears about the impact of AI on its business model. Workday reported subscription revenue of $2.36 billion ... Read more ›
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Workday stock fell as much as 8% in after-hours trading Tuesday as the HR software maker said subscription revenue growth would slow in the current fiscal quarter ending in April, fueling fears about the impact of AI on its business model. Workday reported subscription revenue of $2.36 billion ... Read more ›
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Adept cofounder David Luan, who has been a vice president of autonomy and the AGI San Francisco Lab at Amazon for less than two years, is leaving the tech giant, Luan said on Tuesday. Luan had joined Amazon in 2024 when Amazon reportedly spent more than $300 million to license the startup’s ... Read more ›
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Larry Ellison and his son David suddenly have moved into pole position to win control of Warner Bros. Discovery, outmaneuvering Netflix. WBD’s board announced Tuesday that it had “determined” that the latest offer from the Ellison-controlled Paramount Skydance “could reasonably be expected to ... Read more ›
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A California federal judge dismissed a lawsuit filed by Elon Musk’s xAI that accused archrival OpenAI of stealing trade secrets by poaching employees. A judge in Northern California federal court said in an order on Tuesday that xAI’s lawsuit, which the company initially filed in September then ... Read more ›
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Payments fintech Stripe is considering a whole or partial acquisition of struggling rival PayPal, according to Bloomberg. A Stripe spokesperson declined to comment on any expressions of interest the company may have made for all or parts of PayPal. The publicly-listed PayPal has a market ... Read more ›
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Anthropic on Tuesday unveiled new details of how businesses could use its Claude Cowork AI software to access and use data stored in enterprise apps, including DocuSign, LegalZoom and Salesforce. Given the recent market jitters about the disruptive impact of AI on these software firms, you’d think the news would have depressed stocks even more.Instead, stocks recovered a bit. Figma shares, for instance, were up 10%, while ServiceNow inched up... Read more ›
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Puncturing the buzz over AI agents such as Anthropic’s Claude Code and the open-source project OpenClaw is the prospect that these agents could get tricked into revealing sensitive information such as a person’s banking information. In a sign of those concerns, Anthropic earlier this year singled out rogue agents as a topic of focus for its research fellows. Anthropic’s staff proposed that the fellows train an agent to misbehave in... Read more ›
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Amazon said it plans to invest $12 billion in data center campuses in Louisiana, to support AI and cloud computing. Amazon said it would take steps to ensure it pays all of the power costs associated with the data center, and is working with the electric utility in the region, Southwestern ... Read more ›
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Many AI researchers believe AI models that listen and speak to people are trailing text-based models in capabilities and performance. That gap is even bigger when you look at audio models for languages other than English, especially outside the Western hemisphere.That could be a big issue for companies like OpenAI that are aggressively trying to expand internationally with personal AI devices controlled through voice. (As to why it’s so important... Read more ›
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TurboTax- and Quickbooks-maker Intuit announced a partnership with Anthropic on Tuesday to bring custom AI agents to businesses and consumers on Intuit’s service beginning this spring. The news sent Intuit shares up as much as 5% in pre-market trading. So far this year, Intuit stock has fallen ... Read more ›
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Earlier this month, on an investor call for software company HubSpot, a Wall Street analyst asked CEO Yamini Rangan a question that was on the mind of practically everyone who follows the software business closely: How did HubSpot plan to respond to clients who use agents to pull their data out of HubSpot’s customer management software and analyze it with AI from other software providers? “We will monitor it, we... Read more ›
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Meta Platforms and AMD have struck a partnership that would see Meta deploy six gigawatts of AMD’s chips over multiple years, with the first deliveries beginning in the second half of this year, the companies announced Tuesday. Meta, which operates Facebook, Instagram and WhatsApp, will use AMD’ ... Read more ›
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14.03.2026 03:37
Last update: 03:25 EDT.
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