Noam Shazeer, the Google DeepMind researcher whose work underpinned the generative AI boom, is joining OpenAI, the AI firm told staff on Wednesday. Shazeer left Google in 2021 to co-found a chatbot startup Character.AI, but rejoined Googleâs AI team DeepMind in 2024 as part of a $2.7 billion deal with his AI startup. He then became a tech lead on Gemini, Googleâs core AI model, and made key contributions to... Read more âș
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This was what you call an ugly day in the markets. Tech stocks sold off across the board, thanks to rising expectations that the Federal Reserve will raise interest rates. SpaceX stock fell nearly 5%, dragging it back below Amazon in market capitalization. But SpaceX, at least, is coming off a big rally. Software stocks such as Microsoft, Salesforce and ServiceNow also tumbled between 4% and 5%âand theyâve already been... Read more âș
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Apple plans to raise prices on its devices to counteract soaring component costs for memory and storage chips, Chief Executive Tim Cook told The Wall Street Journal. Cook didnât elaborate in the interview about timing or exact price increases. Apple is expected to hold its annual hardware ... Read more âș
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Amazon Web Services unveiled several new AI products at its annual New York Summit, some of which are designed to solve novel problems created by the new era of AI-driven software engineering. These include AWS Continuum, which helps identify code vulnerabilities to prevent companies from ... Read more âș
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Castelion, a nearly four-year-old startup that makes hypersonic missiles, is aiming to raise a new funding round at a valuation of $12 billion or more, including the money raised, according to two people with knowledge of the fundraising efforts. The companyâs target would be at least four times the valuation of its last funding round in December, reflecting heightened investor interest in defense tech startups that the SpaceX initial public... Read more âș
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SpaceX added Roelof Botha to its board of directors, the company said in a securities filing on Wednesday. Botha is a longtime leader at Sequoia Capital, a major SpaceX investor. Botha joins SpaceXâs other board members Ira Ehrenpreis, Randy Glein, Antonio Gracias, Donald Harrison, Steve ... Read more âș
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Rumble, which started in 2013 as a YouTube alternative and hosts conservative content, completed a stock-for-stock transaction Wednesday to acquire data center company Northern Data, becoming the latest company to join the mad dash to rent out Nvidia graphics processing units to AI developers. ... Read more âș
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The Information is pleased to announce four new hires to continue our newsroomâs award-winning reporting. They will focus on Nvidia, finance, Elon Muskâs companies and tech policy. Dakin Campbell, Finance Dakin brings deep knowledge and a wealth of sources in finance. He has already started to help break news for The Information, reporting on investment banksâ trading strategies and the inner workings of complicated AI financing deals. He joins us... Read more âș
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The prescient investor who appears to hold a crystal ball or have a healthy stomach for risk is always a compelling character to write about. These are the Josh Kushners, Peter Thiels and Masayoshi Sons of the world. Love âem or hate âem, theyâre interesting. At this point of the AI cycle, though, the more important investors to watch might be the ones that evoke little emotion and attract few... Read more âș
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For companies debating which AI server chips to use in their data centers, Amazon appears to have one advantage over Nvidia: price. The cost of using Amazonâs Inferentia2 and Trainiumâs second generation chips to run existing AI models, known as inference, can be 80% lower than Nvidiaâs H100 chips, for comparable workloads, according to Karol Piatek, who advises companies on their AI infrastructure at Ireland-based consultancy Co Driver Labs. A... Read more âș
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As OpenAI and Anthropic build up their teams of enterprise salespeople, theyâve both been hiring from one of the deepest pools of enterprise software talent anywhere: Salesforce. More than 45 Salesforce employees have joined Anthropic since the start of this year, and close to 40 have joined OpenAI, largely in sales and marketing roles, according to their LinkedIn profiles. Read more âș
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Microsoft is considering adding Chinese AI developer DeepSeekâs V4 as a cheaper model option for powering the Copilot Cowork AI assistant, Axios reported. The U.S. tech giant is exploring a Microsoft-hosted version of DeepSeek V4, or another open-source model, as a cheaper alternative to ... Read more âș
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Investing in AI really is not for the faint of heart. Leaving aside all the worries about risks of huge investments in data centers and the uncertainties about demand, thereâs also the unpredictable government moves that can upend things. Case in point: the Trump administrationâs warnings to Anthropic over the weekend that no foreigners, including foreign employees of Anthropic, could access its latest AI models without permission.While that warning is... Read more âș
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OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders. Both cash burn and revenue tripled from the same period the previous year, signaling how even with strong AI demand, making money from AI continues to be challenging. The company ended the quarter with more than $73 billion in cash and marketable securities, compared with... Read more âș
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The U.S. governmentâs latest battle with Anthropic has revived long-simmering concerns throughout the AI industry that the White House has placed a bullseye on their reliance on foreign AI talent. The Trump administration appears to have targeted only Anthropic so far, warning the company on Friday in a letter from Commerce Secretary Howard Lutnick that it would need a license to make its latest models available to âforeign persons,â including... Read more âș
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The $12 billion valuation that Cyera snagged in a $600 million fundraise announced last week shows how hungry investors were for the cybersecurity startupâs AI-focused pitch. The five-year-old startup sells software that can protect companiesâ data from hackers equipped with increasingly powerful AI toolsâa threat highlighted by Anthropicâs warnings about the cyber capabilities of its Mythos model.For the VC fund Cyberstarts, the Cyera round gives it more bragging rights after... Read more âș
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As AI spending has eaten into corporate budgets, generating concern over rising costs at Fortune 500 firms from Uber to ServiceNow and Snowflake, some companies are beginning to throttle employeesâ usage. The latest is AT&T, which has begun limiting some employeesâ access to Microsoftâs Github Copilot, according to a person at the company. In a more striking example, Meta is also limiting employeesâ AI spending on services from Anthropic and... Read more âș
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Snap on Tuesday unveiled the latest version of its augmented reality glasses, Specs, as it tries to catch up to similar products from Meta Platforms and Google. The device, which will cost $2,195, will offer features like real-time translation, web browsing and video recording, and it will have ... Read more âș
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Robinhood said on Tuesday itâs cutting 10% of its workforce, or about 290 roles, and closing a small number of open roles, in an effort to stay lean. âBecause our financial position is strong, we are making this change proactively,â CEO Vlad Tenev said in a note to employees. âWe must be a lean, ... Read more âș
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The U.S. military used xAIâs Grok to help plan its bombing missions against Iran earlier this year, according to a court filing from a Pentagon official. A Grok model is deployed as part of Maven Smart Systems, a government AI service, to support âvital national security missionsâ including ... Read more âș
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27.07.2026 16:00
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