Welcome, Weekenders! In this newsletter:• Shopping: Introducing the Summer Fun List—gear, gadgets and toys that all come highly recommended• AI: Where is China ahead of America? In cracking down on AI romances • Plus, Recommendations—our weekly pop culture picks: “The Last Twelve Weeks,” “The Nord Stream Conspiracy”and “The Dark Wizard”Just after 3 in the afternoon last Wednesday, I walked into Corgi Cafe, a coffee shop in San Francisco’s Financial District... Read more ›
0
AlphaSense, which sells AI-powered search and market research tools to banks and other businesses, has been working with advisers on a potential initial public offering in the coming months, according to people with direct knowledge of its plans. The plans follow recent fast growth at the 15-year-old company, which was valued at $7.5 billion after a funding round last month. It is currently generating over $700 million in annual recurring... Read more ›
0
In 2020, 22-year-old Aakash Thumaty was a product manager at Salesforce when he wrote an essay, “Value Driven Innovation at Shopify and the Incumbency Trap at Salesforce,” which argued against Salesforce’s subscription-based business model. He sent it to Bret Taylor, who at the time was Salesforce’s chief operating officer. To Thumaty’s surprise, Taylor shared it with other executives at the company.Six years later, Thumaty and Taylor’s paths are crossing again.... Read more ›
0
As Anthropic prepares to go public, it is considering a highly unusual move to require rank-and-file employees to sell stock through rigid trading schedules so they don’t run afoul of insider trading laws, said a person familiar with the matter and a person briefed on it. At companies that have used such trading plans, typically only top executives and some finance and legal staff adopt them. The arrangements, called 10b5-1... Read more ›
0
Wow. Google Cloud’s business exploded in the second quarter, with revenue soaring 82%, nearly 20 percentage points faster than for the previous quarter. Rapid demand for AI services—and in this quarter, the impact of AI chip sales—has lifted Google Cloud’s growth rate by nearly 50 percentage points in the past four quarters. But while cloud’s red-hot growth lifted Google’s parent Alphabet to a better than expected 24% top-line expansion in... Read more ›
0
This week, Trump administration officials have taken to the airwaves and X to blast Chinese open source AI companies like Moonshot, accusing them of stealing intellectual property from the likes of Anthropic and other U.S. AI developers. The administration’s concerns aren’t just rhetoric, though. The Bureau of Industry and Security, an agency within the U.S. Department of Commerce, is formally investigating whether Chinese firms like Moonshot, which last week released... Read more ›
0
IBM on Wednesday said it was reducing its full-year projection for revenue growth to between 4% and 5% this year compared to an earlier forecast of more than 5% growth. The lowered forecast came during the company’s quarterly earnings report, which showed sluggish sales growth. The company first ... Read more ›
0
Tesla’s revenue jumped 26% year over year in the second quarter, boosted by its vehicle deliveries and the company’s energy business. Even as the company generated more cash from its day-to-day business, it spent heavily on new manufacturing capacity and AI projects, sending its free cash flow ... Read more ›
0
Alphabet’s revenue grew 24% year-over-year to $119.8 billion in the second quarter, driven by especially strong growth in Google’s cloud-computing unit. Google Cloud’s revenue grew 82% year-over-year to $24.8 billion, outpacing the previous quarter’s 63% year-over-year growth, the company ... Read more ›
0
Enterprise software firm ServiceNow’s second quarter revenue growth accelerated a couple of percentage points to 24%, the company reported Wednesday, thanks in part to strong demand from the federal government that pulled some business into the second quarter from the third quarter. One result ... Read more ›
0
Stripe is coming off a banner year thanks to booming growth in the AI sector, where the company processes payments for big AI labs and small developers alike. The payment giant’s revenue jumped by a third to $6.8 billion last year, according to a person familiar with its financial figures, marking its fastest revenue growth since 2021. Stripe is also practically printing cash, with free cash flow surging 52% to... Read more ›
0
Amazon cut staff today from the division working on building its own large language models, according to a spokesperson. The spokesperson said that while AI models “remain one of the most important things we’re working on,…we’re sharpening our focus on the initiatives that matter most for ... Read more ›
0
In the weeks since Robinhood opened its doors to AI agents, customers of the popular financial app have been using agents for everything from research to trading. Now, a key question for Robinhood’s broader revenue opportunity is how much of an edge the technology can give investors.In late May, Robinhood started letting customers connect their own AI agents to its app through the Model Context Protocol, a standard that lets... Read more ›
0
Cursor is preparing to release a model router as soon as Wednesday, according to a draft of a company announcement viewed by The Information. Cursor’s new product comes amid a flurry of enthusiasm for routers, which can select the best model for a particular task, balancing performance and cost. ... Read more ›
0
Advanced Micro Devices said Wednesday it would make a $5 billion equity investment in Anthropic “in the future,” and the Claude AI maker would use AMD’s AI server chips starting next year. Anthropic has been steadily diversifying its AI server sources and is evaluating chips from other providers ... Read more ›
0
Arcee, an American open-weigh AI provider, announced a partnership with the Department of Energy, in which the DOE will use Arcee’s AI models to advance scientific research. Arcee AI will help government researchers “automate a lot of the more mundane, but tricky and nuanced workflows that they ... Read more ›
0
Cloud and software incumbents want businesses to think twice before using Anthropic, OpenAI and other closed-source AI providers. Executives such as Palantir CEO Alex Karp have argued, for instance, that these AI firms could use their customers’ data to compete with them eventually. These potential fears could also help new AI startups catering to businesses.One such startup is Noeri, a new AI lab founded by two Stanford computer science professors... Read more ›
0
Enterprise software firm Monday.com said Wednesday it plans to cut 20% of its workforce in the second half of ths year to “support a leaner, more focused operational model” as it continues to invest in AI. The planned job cuts, which would affect around 600 people, is the latest in a series of ... Read more ›
0
Longtime Fidelity Management’s semiconductor fund manager Adam Benjamin is joining Michael Dell’s family office DFO Management, according to people familiar with his move. At Fidelity, Benjamin managed the $55 billion Fidelity Select Semiconductors mutual fund and also helped manage several ... Read more ›
0
Elon Musk’s AI company, SpaceXAI, is laying the groundwork for at least one new large-scale data center in Texas, three people with knowledge of the effort said. Such a move could substantially expand SpaceX’s AI computing capacity outside its existing data center hub in Memphis, Tenn. An expansion could position SpaceXAI to be a major cloud provider, as its existing AI business has struggled to gain traction and the company... Read more ›
0
The U.S. and China are set to hold talks over AI in September, as the tech rivalry between the two nations escalates, Reuters reported, citing people familiar with the matter. It would be the Trump administration’s first official AI-focused talks with Beijing. The exact dates haven’t been ... Read more ›
0
Most popular sources
ScienceDaily
|
0% |
Vox
|
0% |
Tom's Hardware
|
0% |
Droid Life
|
0% |
Ars Technica
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.07.2026 05:32
Last update: 05:25 EDT.
News rating updated: 12:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.