Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft’s business and the broader tech sector. In a filing Tuesday, Microsoft told a federal judge it ... Read more ›
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Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made as part of its quarterly earnings report, may allay some concerns about the enterprise firm’s ... Read more ›
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Salesforce plans to sell between $20 billion and $25 billion in bonds as soon as this week, to help fund its recently-announced $50 billion stock buyback, Bloomberg reported. The bond offering, coming as Amazon was also in the market trying to raise twice as much, shows how a flood of tech ... Read more ›
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Microsoft appears to be betting that its tried-and-true subscription pricing model for software is here to stay, even in the era of AI agents that run 24/7, and that customers will be OK with ever-higher prices.Microsoft on Monday announced a new AI subscription bundle that combines Office 365 and with 365 Copilot, a suite of AI tools for automating tasks in Office apps, for business customers for the first time.... Read more ›
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Google is providing its Gemini “Agent Designer” to the Department of Defense for unclassified work, Google announced on Tuesday. The feature, which will be part of the Pentagon’s AI platform GenAI.mil, will allow DOD employees to create AI agents to automate administrative tasks like drafting ... Read more ›
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A judge ordered Perplexity to temporarily stop accessing Amazon’s website, a victory in the e-commerce giant’s lawsuit against the AI search startup. Amazon sued Perplexity in November, arguing Perplexity was fraudulently accessing its site through its AI browser Comet in order to make purchases ... Read more ›
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Meta Platforms hired the creators of Moltbook, a social network designed for AI agents, Matt Schlicht and Ben Parr, who will join its AI division, Meta Superintelligence Labs (MSL), the company said. Meta also bought Moltbook itself. Meta said it hopes the integration of the Moltbook team into ... Read more ›
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Microsoft is facing a new cluster of antitrust probes over whether it has illegally monopolized the cloud and software markets. As it gears up for battle, it’s been reorganizing the top ranks of its legal and policy department. Over the past year, Microsoft has shifted at least four executives into new roles within the legal teams under President Brad Smith that handle its response to antitrust regulations. Our new org... Read more ›
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Nvidia and Thinking Machines Lab, the model developer co-founded by former OpenAI Chief Technology Officer Mira Murati, announced a strategic partnership on Tuesday to deploy at least one gigawatt of servers powered by Nvidia’s forthcoming Vera Rubin chips, according to a blog post. The ... Read more ›
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OpenAI and Anthropic have raised tens of billions of dollars on the promise of artificial intelligence that can make new discoveries in fields like medicine, biology and physics. And yet, we’re nowhere close to that. (You might recall this awkward moment from last fall when a ChatGPT-generated math “discovery” was debunked.) The reason, according to Markus Buehler, a Massachusetts Institute of Technology engineering professor, is simple: large language models underpinning... Read more ›
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Amazon began a corporate bond sale aimed at raising as much as $42 billion, Bloomberg reported, the latest sign of how tech giants are borrowing money to fund their AI expansion. Amazon had filed paperwork a few weeks ago allowing it to quickly sell bonds. The new bond offering follows one last ... Read more ›
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Meta Platforms’ oversight board criticized the company’s handling of AI-generated content, saying it was “neither robust nor comprehensive enough”. The independent body, which reviews Meta’s content decisions, made its comments after an investigation into an AI-generated video that circulated on ... Read more ›
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Tencent Holdings is secretly building a new AI agent for its hugely popular WeChat messaging app, in hopes of leapfrogging rivals like Alibaba Group and ByteDance in the race to dominate China’s domestic AI market, according to four people familiar with the project. The project could dramatically widen how AI agents, which take actions on behalf of people, are used in China, where WeChat is ubiquitous in people’s daily lives.... Read more ›
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Scout Ventures, an Austin-based VC firm focused on startups developing technology to support national security, closed a $125 million fund, its fifth, the company said Tuesday. The firm’s fourth fund was a little under $100 million. The fund will write $3 million to $6 million checks into ... Read more ›
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Former Meta Platforms chief AI scientist Yann LeCun has raised more than $1 billion for his new AI startup, Advanced Machine Intelligence Labs, from investors that included Nvidia, Greycroft, former Google CEO Eric Schmidt and Jeff Bezos. LeCun said it was valued at more than $4.5 billion. The ... Read more ›
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Nvidia is planning to launch a platform for AI agents aimed at enterprise customers called NemoClaw, Wired reported Monday. The platform will be open-source, it said, meaning the software code of these AI agents will be publicly available and modifiable. Nvidia already has reached out to ... Read more ›
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Anthropic said that the Defense Department’s designation of the company as a supply chain risk could jeopardize billions of dollars of revenue this year, and it cited business contracts it’s already lost because of the agency’s moves. In filings made with its suit against the government, ... Read more ›
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Spark Capital, the first venture firm to back Anthropic, is in the process of raising about $3 billion in new funds, 50% more than the size of funds it raised two years ago, The Information reported late Monday. In early 2023, the firm led a $450 million investment in Anthropic at around a $4 ... Read more ›
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Spark Capital, the first venture firm to back Anthropic, is in the process of raising about $3 billion in new funds, 50% more than the size of funds it raised two years ago, according to a person with direct knowledge of the fundraise. The fundraising target will test investor demand in a venture firm that made early bets on one of the initial winners of the AI boom. It comes... Read more ›
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It’s a good thing SpaceX is thinking of June for its upcoming IPO. There has to be a decent chance the current Iran war has ended by then, restoring some stability to the market. Then again, these hostilities could easily spread. Not only is the IPO market not necessarily safe, but there’s a cloud of uncertainty now hanging over the economy and business generally.It certainly felt that way on Monday... Read more ›
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13.03.2026 22:56
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