The U.S. government is considering capping Nvidia’s sale of H200 chips to China at 75,000 units per customer, a move that would sharply curtail how much AI computing power China’s biggest tech firms can acquire, Bloomberg reported, citing people familiar with the matter. Alibaba Group and ... Read more ›
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OpenAI said Monday it had amended a recently hashed out agreement with the Pentagon to specify that its models may not be used to conduct domestic surveillance via commercially obtained data. The change followed criticism that OpenAI’s original deal contained that loophole. The new language is “ ... Read more ›
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An investor consortium led by BlackRock and EQT said Monday it has agreed to acquire energy provider AES in a roughly $33.4 billion deal, including the company’s debt, continuing a streak of private equity buyouts of large utility companies. The consortium, which also included the California ... Read more ›
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Could fighting with the Pentagon be the best thing that ever happened to Anthropic? On Friday, Defense Secretary Pete Hegseth’s designation of Anthropic as a “supply chain risk” looked like it could pose an existential threat to the AI firm. Not only could it lose customers, but, depending on how broadly the designation is interpreted, it could force Anthropic’s cloud providers Amazon and Google to cut ties with the firm,... Read more ›
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Apple is refreshing its low-priced iPhone and iPad models. The company announced the $599 iPhone 17e, which comes equipped with Apple’s A19 processor, its latest chip that was released last year alongside the flagship iPhone 17. To achieve the low price for the phone, Apple skimped on some ... Read more ›
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Anthropic’s Claude on Saturday hit the top spot on Apple’s U.S. App Store among downloaded free apps, overtaking OpenAI’s ChatGPT. Anthropic’s jump followed the Trump administration’s decision to ban federal agencies from using its technology after Anthropic said it didn’t agree to have its AI ... Read more ›
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The AI boom is catalyzing the build-out of some of the biggest, baddest power lines this country has ever seen. These extra-high-voltage wires can carry up to six times the power of other big lines, and they’re one of the only feasible ways to accommodate multigigawatt data centers on a crowded grid.In the last few months, grid authorities in Texas, the mid-Atlantic and the Midwest have greenlit $75 billion in... Read more ›
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What a weekend! Anthropic is now poised to sue the Pentagon, after being labeled a “supply chain risk,” while OpenAI has its own agreement allowing the agency to use OpenAI’s models in “classified environments.”There are still plenty of unanswered questions, including how big of a business risk being designated a “supply chain risk” poses for Anthropic (for more on that, see here). But what’s now become clear is that OpenAI’s... Read more ›
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Chinese AI developer MiniMax said Tuesday that its revenue more than doubled to $79 million last year, from about $30 million in 2024, driven by the growth of its Hailuo AI video generation app and other products. In its first earnings announcement since its initial public offering in January, ... Read more ›
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In January, when Apple announced an agreement to use Google’s Gemini models in Apple products, it was an admission that the iPhone maker hasn’t been able to compete in AI on its own over the past couple years. But the deal also showed that Apple is again relying on an outside company to help it with another deficiency: in cloud computing. Now there’s a chance Apple could deepen its cloud... Read more ›
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SpaceX is aiming to launch a new generation of satellites next year that will use the spectrum licenses it’s buying from EchoStar to offer a more powerful version of its direct-to-cell service, company executives said in a conference presentation on Monday. The new satellites, called Starlink ... Read more ›
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OpenAI CEO Sam Altman said late Saturday that the company’s recent agreement to supply the Pentagon with AI models would fall within the company’s own “redlines” limiting how it’s used in military situations, but he argued that it was appropriate the government—not the company—would have the ... Read more ›
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Nvidia is expected to announce a new chip later this month using technology from startup Groq, The Wall Street Journal reported late Friday. The chip is aimed at speeding up inference computing, the term for running AI on servers after AI models have been fully developed, the newspaper said. The ... Read more ›
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Before we get to the scheduled events for this coming week—Mobile World Congress in Barcelona, starring SpaceX, as well as Apple’s master class in hyping product releases—we should acknowledge just how much of a turn the AI debate has taken from humdrum concerns about spending. Friday night’s decision by the Trump administration to declare war on Anthropic, a day before it went to war with Iran, puts the spotlight on... Read more ›
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The biggest venture capital funds are getting even bigger. In the past three years, the top firms have raised billions of dollars—in some cases more than half the total amount they’ve raised in their lifetimes. Take Thrive Capital, which in February said it had raised $10 billion in new funds. The backer of OpenAI and Stripe has raised roughly $18 billion since 2023—about 70% of the money it’s taken in... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: What Anthropic’s Pentagon feud means across Silicon Valley• Artificial Intelligence: Otters, Minesweeper and Will Smith’s spaghetti dinner—the at-home tests for judging AI’s abilities• Plus, Recommendations—our weekly pop culture picks: “Murder at the U,” “End of Days” and “How to Get to Heaven From Belfast”A couple days ago, a piece of science fiction caused a good amount of fuss, with Citrini Research’s “thought... Read more ›
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In 2022, Ethan Mollick, an AI researcher and University of Pennsylvania professor, found himself needing to amuse his daughter on a boring plane ride. For some help, he turned to what he knows best and began prompting Midjourney’s latest model to generate an image of an otter—his daughter’s favorite animal. Taking inspiration from their current predicament, he then asked the model to imagine the otter stuck on a plane. The... Read more ›
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A rapid escalation of a dispute between Anthropic and the Department of Defense over military use of its AI models has threatened to cut off Anthropic from wide swathes of its customers, after Defense Secretary Pete Hegseth moved to declare Anthropic a “supply chain risk” on Friday. But the government’s threat to bar military contractors from any commercial relationship with Anthropic—which presumably would include its massive cloud partners Amazon, Google... Read more ›
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Defense Secretary Pete Hegseth on Friday declared Anthropic a supply chain risk, an extraordinary sanction against an American company that is usually reserved for foreign adversaries. “Effective immediately, no contractor, supplier, or partner that does business with the United States military ... Read more ›
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Crypto venture firm Paradigm is raising as much as $1.5 billion for a new fund that will invest in broader tech including artificial intelligence and robotics, The Wall Street Journal reported, citing people familiar with the situation. The move comes as more crypto firms and investors are ... Read more ›
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06.05.2026 18:26
Last update: 18:20 EDT.
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