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 ›
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Tim Cook is going out with a bang. Apple reported a stellar March quarter on Thursday, delivering 17% higher revenue, thanks to 22% growth in iPhone revenues, a big change from several years of anemic growth in sales of the ubiquitous device. In other words, far more consumers are upgrading their old iPhones than has been the case for a while. Cook, who recently announced he would step down as... Read more ›
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Two months ago, my colleagues broke the news of Anduril’s latest funding round, slated to value the company at $60 billion. Andreessen Horowitz and Thrive Capital are leading the roughly $4 billion investment, according to a source with direct knowledge of the fundraising efforts. But another investor stands out for the size of its check. Founders Fund is investing about $624 million into the funding round, according to financial documents... Read more ›
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Meta Platforms CEO Mark Zuckerberg said using employees’ computer activity to train its AI models could give the company an edge over rivals, arguing that its staff are of higher average intelligence than contractors typically used by data-labeling firms. In a company-wide meeting on Thursday, a ... Read more ›
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Apple reported revenue from its iPhone business grew nearly 22% in the March quarter from a year earlier, continuing a burst of iPhone demand for its iPhone 17 smartphones. The device brought in almost $57 billion in sales for the quarter. The broader China market has continued to rebound for ... Read more ›
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Starcloud, a two-year-old startup building orbital data centers, has told investors it’s in talks to raise at least $200 million at a valuation of around $2.2 billion after the investment, according to a person involved in the deal. The discussions come just one month after Redmond, Wash.-based Starcloud said it raised $170 million at a $1.1 billion valuation including the investment, which was co-led by early-stage firm Benchmark and private... Read more ›
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A UK government group that tests AI for cybersecurity capabilities says OpenAI’s latest GPT-5.5 model is roughly on par with Anthropic’s Claude Mythos model. GPT-5.5 completed a difficult corporate network attack simulation in two out of 10 attempts, while Anthropic’s unreleased Claude Mythos ... Read more ›
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Customers provide teams with feedback constantly, in the form of support tickets, survey comments, app reviews, and countless other sources. But much of this data is unstructured, making it challenging to identify patterns across hundreds or thousands of responses. In the past, making sense of this data required customer service teams to manually comb through spreadsheets, categorizing feedback by sentiment, severity, and topic. This process was not only extremely time-consuming,... Read more ›
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Reddit reported 69% growth in revenue for the first quarter, a sign that the rapid surge in its ad revenue is continuing into this year, despite little growth in one of its key groups of users. The social media site, known for its in-depth chat forums on a wide variety of topics, said ad revenue ... Read more ›
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Microsoft CEO Satya Nadella said Wednesday that a lot more people were heavily using the company’s AI-powered applications. But his company’s first quarter financial results showed the usage was dragging down profit margins in its cloud unit, prompting Microsoft to effectively boost prices. Read more ›
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Elon Musk said it is “partly” true that xAI, the artificial intelligence unit of his SpaceX company, has distilled OpenAI’s models in developing its own models. Musk made the comment Thursday during his second day of cross-examination in the trial of his lawsuit against OpenAI. ... Read more ›
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Shares of Meta Platforms dropped 8% on Thursday, as investors responded to the social media giant’s disclosure that it was raising its 2026 capital expenditure projection. Meanwhile Meta began efforts to raise another $25 billion in bonds, Bloomberg reported. Meta’s bond sale follows a $30 ... Read more ›
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The U.S. National Security Agency is using Anthropic’s Mythos model to find security flaws in Microsoft software, Bloomberg reported Thursday. One of the cyber intelligence agency’s primary goals is to find or exploit security vulnerabilities in computer systems. Microsoft develops the most used ... Read more ›
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Amazon has disclosed new details on its recently announced investment of up to $20 billion in Anthropic. The deal will take the form of a convertible financing facility, the company said in a filing on Thursday, which Anthropic can start drawing down on once Amazon starts delivering certain ... Read more ›
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Pedestrians in downtown San Francisco are used to seeing Waymos navigating the streets. But two months ago, people in the South Park neighborhood saw something new: a Toyota Rav4 driving around with a laptop propped on the dashboard. The laptop was running a new breed of AI model, known as a “computer use model,” from a two-year-old startup called Standard Intelligence. The “computer use model” can operate a computer to... Read more ›
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Commerce giant Shopify is seeking regulatory approvals to take a bigger role in offering financial and payments services to the millions of merchants using its software. Shopify has already secured money transmitter licenses in more than a dozen U.S. states to hold and move funds itself, and it is seeking them nationwide. If that happens, the company would get more control over how money moves through its platform and potentially... Read more ›
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The AI era’s mega-trial delivered its first real drama, as an OpenAI lawyer sought to portray Elon Musk as resentful and double-dealing during a tense cross examination Wednesday. Bill Savitt, OpenAI’s outside counsel, and a veteran of legal combat with Musk, called into question Musk’s motivations for bringing the lawsuit and sought to undermine Musk’s legal position that OpenAI has broken promises to him and violated its charitable duties. In... Read more ›
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It was the Super Bowl of quarterly tech earnings today, with March-quarter results from Google, Microsoft, Amazon and Meta Platforms. The tsunami of numbers, all released within a few minutes of each other, might overwhelm even a top AI model. But for a human, what was clear was that surging demand for AI computing capacity is lifting cloud revenue growth across the industry. One wet blanket, though: Much of the... Read more ›
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Google is trying to assuage employee concern following The Information’s reporting on its deal to let the Pentagon use its AI on classified systems. “We have proudly worked with defense departments since Google’s earliest days, and we continue to believe that it’s important to support national ... Read more ›
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Anthropic has received investment interest at a valuation above $900 billion, according to a person familiar with the matter. An investment at that level would more than double a February valuation of $380 billion. However, the company has not formally started a fundraise, said the person ... Read more ›
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Amazon Web Services’ revenue rose 28% in the first quarter to $37.6 billion, the cloud giant’s fastest growth rate in nearly four years. Amazon’s overall net sales increased 17% to $181.5 billion in the first quarter, an acceleration in growth from 14% in the fourth quarter. Growth also ... Read more ›
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28.07.2026 11:26
Last update: 11:21 EDT.
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