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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Tesla revenue reached $22.4 billion in the first quarter, a 16% year-over-year increase showing that the electric vehicle maker has started to dig its way out of a sales slump. The revenue figure is slightly better than the same period in 2024 but well below the $24.3 billion in revenue Tesla ... Read more âș
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ServiceNow reported 22% growth in revenue for the first quarter, to $3.77 billion, a faster rate of growth than what the enterprise software firm reported for the fourth quarter. But ServiceNowâs stock plummeted more than 13% in after-hours trading, possibly a response to the companyâs ... Read more âș
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Microsoft on Wednesday named longtime LinkedIn executive Daniel Shapero as CEO of the corporate social network and said former LinkedIn CEO Ryan Roslansky will oversee Microsoftâs core Office 365 apps. Roslansky had been LinkedInâs CEO since 2020, and last summer was promoted by Microsoft CEO ... Read more âș
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Billionaire crypto entrepreneur Justin Sun on Tuesday sued World Liberty Financial, the crypto venture co-founded by President Donald Trump and his family, accusing the project and one of its co-founders of âcriminal extortionâ after he declined to invest more money into the company. Sun in 2024 ... Read more âș
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CoreWeaveâs shares are up 55% this month, but that rally tells just part of the story about the AI cloud provider. The company has tapped a range of sources for much-needed capital, giving it a commanding role in the AI build-out. CoreWeaveâs big fundraising haulâtotaling nearly $16 billionâalso signals that both stock and debt investors are now going all in on data centers, power, chips and everything AI related. Surging... Read more âș
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Elon Musk rocked the business world again by announcing Tuesday that his rocket-satellite-social media firm SpaceX has signed a deal agreeing to buy AI coding app Cursor for $60 billion at an undisclosed later date or else SpaceX would pay a $10 billion breakup fee.Itâs one of the biggest acquisitions of a venture backed startup ever, though itâs not much money in the context of an initial public offering that... Read more âș
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OpenClaw, the AI agent software that took the tech world by storm, is reckoning with a difficult choice: whether to transition from an experimental hacker project to a sustainable tool companies can reliably use. One of the fastest-growing open-source software projects ever, OpenClaw is still managed by a group of volunteers who are trying to keep up with the technical and logistical demands of a fast-changing new product category while... Read more âș
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Google announced the first versions of its AI chips that are specialized for training and inference, expanding its competition with Nvidia. The search giant unveiled the new versions of its tensor processing units on Wednesday at the start of its annual Google Cloud Next conference. The event ... Read more âș
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Chinese tech giants Tencent Holdings and Alibaba Group are in talks to invest in DeepSeek, the AI upstart that recently started fundraising for the first time, according to four people with knowledge of the conversations. DeepSeek, owned by Chinese hedge fund High-Flyer Capital Management, is now seeking to raise funding at a valuation of more than $20 billion, after its initial discussions with prospective investors generated immense interests, one of... Read more âș
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Tencent, which has launched many products built on OpenClaw in China in the past few months, is now taking one of those products to the global market. The Chinese tech giant on Tuesday launched an international version of QClaw, an OpenClaw-based AI agent that attracted a lot of interest from ... Read more âș
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Anthropic is investigating a report that a group of unauthorized users gained access to several unreleased AI models including Mythos, the model that Anthropic has withheld because of its capacity for cyberattacks, according to a spokesperson for the company. Bloomberg reported Tuesday that the ... Read more âș
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Elon Muskâs marketing pitch for the SpaceX IPO just got a bit more complicated. SpaceXâs revelation Tuesday afternoon that it was working closely with Cursor, the once-dominant coding firm, and might buy it for $60 billion, raises new questions about the health of xAI, Muskâs AI startup that SpaceX acquired for $250 billion in stock in early February. What did SpaceXâand indirectly its shareholdersâpay for?The main reason Musk would consider... Read more âș
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The weeks leading up to SpaceXâs initial public offering will test big ideas about the space industry and the future of artificial intelligence. It will also answer a more basic question: how well Morgan Stanley and Goldman Sachs can work together.The Wall Street rivalsâ top bankers have been holed up at SpaceXâs Hawthorne, Calif., headquarters in recent weeks alongside the rocketship companyâs finance executives, people familiar with the matter said.... Read more âș
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SpaceX, which owns artificial intelligence lab xAI, said Tuesday it has agreed to a potential acquisition of AI coding startup Cursor for $60 billion. The Elon Musk-founded rocket company, which is preparing for what could be the worldâs biggest IPO in June, said in a post on X that Cursor had ... Read more âș
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Adobe announced a new $25 billion stock buyback, the latest such move by an enterprise software firm whose stock has been hit by anxieties about the impact of AI on the industry. Adobe shares have fallen 29% so far this year. The company has been a regular buyer of its own stock, spending ... Read more âș
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SpaceX increased its debt load by nearly two-thirds last year, to about $23 billion at the end of 2025 from $14 billion the year prior. That surge illustrated how much its acquisition of xAI added new financial obligations to the company, according to a confidential initial public offering prospectus reviewed by The Information. Much of the debt was tied to a lease deal with Valor Equity Partners for AI infrastructure... Read more âș
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Microsoft on Tuesday cut the price of its Xbox Game Pass subscription, which gives people access to hundreds of video games, to boost demand for the service, whose growth has slowed for years. The flagship Game Pass subscription price will drop 23% to $23, while the lower-priced version that ... Read more âș
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A wave of AI pricing changes is keeping customers on their toes. Anthropic, Salesforce, ServiceNow and Workday have shifted to charging for AI based on how much customers use, rather than a flat subscription fee, for instance.Now Adobe is taking steps to join AI startup Sierra and other firms that want to go a step further, charging customers based on how well their AI tools work, such as when they... Read more âș
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Prediction market Kalshi plans to offer crypto trading in the U.S., according to people familiar with the matter, putting it in direct competition with crypto exchanges such as Coinbase. Kalshi will enter the crypto market by offering perpetual futures, the most popular type of trading products, ... Read more âș
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OpenAI has started to offer ChatGPT ad campaigns that charge advertisers based on how many people click on the ads, screenshots of the companyâs ad manager show, confirming The Informationâs report last week about the plans. The new ads are in addition to ads that OpenAI first launched in ... Read more âș
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28.04.2026 01:29
Last update: 01:20 EDT.
News rating updated: 08:20.
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