Welcome, Weekenders! In this newsletter:âą The Big Read: The tech elite are using AI to supercharge their cancer battles ⹠Artificial Intelligence: Should AI and Christianity mix? ⹠Tech Culture: Amid AI backlash, billionaires demand new breed of bodyguardâplus, inside the star-studded Breakthrough Prize gala ⹠Plus, Recommendationsâour weekly pop culture picks: âFamily Lore,â âThe Long Runâ and âScream 7âLetâs get straight to one of the biggest happenings at Google... Read more âș
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Meta Platforms is launching Meta Small Business, a company-wide initiative to drive AI adoption and support entrepreneurship, Axios reported. In a memo sent to employees on Wednesday, CEO Mark Zuckerberg told staffers that âit should be easier than ever for people to build new businessesâ in the ... Read more âș
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Meta Platforms will lay off a few hundred people across the company on Wednesday, according to two people familiar with the matter, part of a broader effort to overhaul the company for work in the AI age. The cuts will affect staffers in Reality Labs â the division behind its hardware platforms and wearables â as well as across its social media teams, recruiting operations, and a smaller number in... Read more âș
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Vultr, one of the oldest independent cloud providers, is seeking to raise at least $1 billion in new capital so it can compete with a growing list of startups scrambling for cash to meet the surging demand for AI computing power. The company, which is backed by chipmaker Advanced Micro Devices, was founded in 2014 and didnât raise any outside equity funding until 2024, a marked contrast to the latest... Read more âș
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Chinese authorities barred Manusâ cofounders from leaving the country while regulators review Meta Platformsâ $2 billion acquisition of the AI agent startup, the Financial Times reported. Cofounders Xiao Hong and Ji Yichao were called to a meeting with the National Development and Reform ... Read more âș
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Chinese AI company SenseTime said its earnings before interest, taxes, depreciation and amortization turned positive during the second half of last year, the first time since its listing in 2021. SenseTime, founded in 2014, is one of the pioneers among the last generation of AI companies in ... Read more âș
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Meta Platforms has agreed to dole out a bounty of new stock options to its top leaders that will pay out only if the company hits aggressive new share price goals. To collect the maximum amount of options included in those packages, Meta will need to hit a share price that translates to a more ... Read more âș
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Amazon bought humanoid robotics startup Fauna Robotics last week, Bloomberg reported Tuesday. Amazon plans to continue selling Faunaâs humanoid robot Sprout, which costs $50,000 and stands at just three and a half feet tall and weighs 50 pounds. Amazon has over a million robots working in its ... Read more âș
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OpenAI and Anthropicâs remarkable revenue growth has invited scrutiny of how the AI startups are tallying the headline-making figures they have privately or publicly disclosed.Last month, OpenAIâs annualized revenue jumped to $25 billion, nearly four times higher than a year earlier. Anthropic has grown even faster: At the end of last month, Anthropic crossed $19 billion in annualized revenueâabout 14 times higher than a year earlier. If the trend lines... Read more âș
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SpaceX is aiming to file its initial public offering prospectus with regulators later this week or next week, according to a person with direct knowledge of the plans. The confidential filing will formalize the IPO plans for Elon Muskâs rocket and telecom company as it targets a June public listing. The offering will test investor appetite for what is gearing up to be the biggest U.S. IPO of all timeâby... Read more âș
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Walt Disney Co. must be so glad it committed to investing $1 billion in OpenAI and becoming a customer of the ChatGPT creator. The theme park and entertainment firm agreed to both steps as part of a deal struck last December in which it licensed its characters for use on OpenAIâs Sora video-generation tool. On Tuesday, OpenAI decided to shut down Sora. In response, Disney abandoned the entire deal, including... Read more âș
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The federal judge presiding over Anthropicâs lawsuit against the Department of Defense called the Pentagonâs actions against Anthropic âtroublingâ in a hearing on Tuesday, saying that they âlook like an attempt to cripple Anthropic.â The comments from Judge Rita Lin of the Northern District of ... Read more âș
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Meta Platforms must pay $375 million in civil penalties for violating New Mexico consumer protection laws, a jury in Santa Fe ruled on Tuesday. Meta vowed to appeal the ruling in the trial, which started early last month. The case was based on a lawsuit that New Mexico Attorney General RaĂșl ... Read more âș
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Health ring maker Oura has been interviewing bankers to advise on an initial public offering that could take place as soon as this year, according to a person with direct knowledge of discussions. A public offering would follow fast growth at the company, which sells connected devices and a monthly subscription to an app that tracks the userâs health, including sleep and fitness. The company reached $1.3 billion in annualized... Read more âș
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Every day seems to bring new excitementâor in the case of Amazon employees, trepidationâaround AI agents that aim to perform any white-collar task involving a computer. Monday night, for instance, Anthropic announced its latest march in this direction with a version of its Claude chatbot that can take over your computer and operate any enterprise application the way humans do. But not every enterprise software firm is open to allowing... Read more âș
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OpenAI CEO Sam Altman has relinquished direct oversight of the companyâs safety and security teams so he can focus on raising capital, supply chains and âbuilding datacenters at unprecedented scale,â he told staff on Tuesday. At the same time, he said the company had completed the initial development of its next major AI model, codenamed Spud, and would wind down the Sora AI video mobile app, which employees had complained... Read more âș
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Shares of multiple business software providers, including Salesforce, Atlassian and HubSpot, all saw significant declines after The Information reported that Amazon Web Services is developing AI that automates sales, business development and other internal functions. This is the latest sign ... Read more âș
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Meta Platforms and OpenAI said Tuesday they will purchase an AI server chip produced by Arm, which previously only helped other companies design such chips. SoftBank-owned Arm said later this year it will produce a central processing unit that can handle AI tasks more efficiently than graphics ... Read more âș
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Meta Platforms has tapped chief technology officer Andrew Bosworth to oversee its transition into an AI-first organization, according to a report by The Wall Street Journal. Bosworth will lead the companyâs AI for Work initiative, part of a broader push to improve Metaâs efficiency through the ... Read more âș
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Something curious is happening with AI coding agents. Developers have started telling me theyâre asking these coding agents to take on different personas so they behave like more of a team than an individual programmer.For instance, a developer creating a software product feature will first tell their AI coding productâwhether it be Gemini or Codexâto act as a âproduct managerâ that creates a document outlining what the feature is meant... Read more âș
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Amazon Web Services is developing AI to automate functions in its sales, business development and other groups where it recently laid off hundreds of employees or even more. For instance, AWS has been developing an AI agent that helps its sales employees provide customers with fast answers to technical questions, according to two people who have used it. The agent handles some of the work of thousands of AWS technical... Read more âș
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28.04.2026 13:59
Last update: 13:50 EDT.
News rating updated: 20:52.
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