The poor souls responsible for technology buying decisions at companies must be overwhelmed these days. Not only does seemingly every other tech firm want to send consultants—invariably calling themselves forward-deployed engineers as though they’re on maneuver in the desert—to help companies learn how to use their AI services, but the array of AI product choices seems to grow daily. On Tuesday, for instance, OpenAI held an event in New York... Read more ›
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Snowflake and AtScale, a startup provider of software that companies like Toyota and Cardinal Health use to define consistent business metrics from their data, announced that they’re working together on a product that could help customers avoid getting caught in the AI data wars. The ... Read more ›
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Shopify said Tuesday that it would expand its share buyback authorization by $3 billion to a total authorization of $5 billion, becoming the latest software firm to unveil expanded share repurchase plans as AI fears have battered stock prices. Several software firms have implemented or expanded ... Read more ›
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Anthropic is quadrupling the number of companies allowed to use its Claude Mythos model for cybersecurity testing under its Project Glasswing initiative. The company announced Tuesday that the project will be expanded to 150 new organizations, from the roughly 50 that were included when it ... Read more ›
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Early last year, after Anthropic released a preview of its coding tool, Claude Code, OpenAI realized it had allowed the then-smaller AI rival to surpass it in coding. Around that time, OpenAI threw resources behind a new dedicated team that would focus specifically on developing AI tools for coding. Nearly 18 months later, OpenAI leaders—including Thibault Sottiaux, who oversaw the new team—came to a stark realization: The company’s Codex coding... Read more ›
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Meta Platforms is scaling back elements of its employee tracking tool after staff raised concerns about the tool, The Information reported. A Meta executive told employees in the memo that the company is updating its Model Capability Initiative, or MCI, launched in April to help train its ... Read more ›
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Meta Platforms is scaling back elements of its employee tracking tool after staff raised concerns about the tool, according to an internal memo reviewed by The Information. A Meta executive told employees in the memo that the company is updating its Model Capability Initiative, or MCI, launched in April to help train its AI models, by adding strengthening privacy protections, enabling some staff to request exemptions, and giving employees an... Read more ›
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Microsoft on Tuesday revealed new AI software geared towards developers and corporate customers, including homegrown AI models and new tools that aim to let corporate customers develop AI agents that can draw on internal company data to automate workplace tasks. The announcements come as ... Read more ›
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OpenAI announced specialized features within its Codex coding app designed to help with tasks ranging from product design to investment banking, as it seeks to compete with Anthropic for business customers. At an event Tuesday emphasizing its enterprise efforts, OpenAI also said it will put ... Read more ›
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Microsoft on Tuesday unveiled a new desktop PC powered by an Nvidia processor geared towards developers who want to run AI models locally. The new PC, called the Surface RTX Spark Dev Box, is powered by Nvidia’s new Arm-based chips announced earlier this week. Microsoft previously announced a ... Read more ›
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Snowflake CEO Sridhar Ramaswamy on Monday became the latest executive to voice concerns over rising AI costs.“Are we worried about how much we are spending on AI inference across our internal teams? Absolutely,” he told my colleague Laura during Snowflake’s annual conference in San Francisco. (Snowflake is a major customer of Anthropic, OpenAI and other AI model developers.)But Snowflake and other companies are also finding ways to save money. As... Read more ›
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President Trump signed a revised version of a long-anticipated executive order on Tuesday that creates cybersecurity guardrails around frontier AI models. The signing, which was done in private, comes less than two weeks after Trump canceled a signing ceremony for a different version of the ... Read more ›
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SpaceX is seeking a valuation of $1.75 trillion in its initial public offering next week, including additional shares the underwriting banks could sell if investor demand is strong, according to people familiar with the matter. The latest valuation target solidifies earlier discussions previously reported by The Information, though is short of the up to $2 trillion some previous reports suggested. SpaceX is aiming to raise at least $75 billion in... Read more ›
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SpaceX is negotiating to pay the banks working on its potentially record-breaking initial public offering a smaller than normal slice of the proceeds even by mega-IPO standards, Bloomberg reported on Tuesday. SpaceX is aiming to raise about $75 billion, more than any other IPO in history, The ... Read more ›
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AI coding startup Cognition is revamping its app to help users manage coding agents from many providers, executives told The Information. Cognition is betting that being a neutral platform will strengthen its hand in the increasingly competitive market for AI coding tools.The change, to be announced on Tuesday, involves the Windsurf application it bought last year, which Cognition is transforming into Devin Desktop. While the product’s name is a reference... Read more ›
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Amazon has been pitching its advertising business as an “everything store” for media—where brands can buy ads that run on everything from Thursday Night Football and streaming site Twitch to media it does not own, like Netflix and Spotify. Despite that united front, behind the scenes the company has been relying on an increasing number of outside firms to help sell ads in parts of its sprawling global media business.... Read more ›
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SK Hynix plans to double its memory chip capacity within five years as AI demand keeps straining global supply, Bloomberg reported. The expansion can ease one of the biggest hardware constraints facing AI data centers. Chairman Chey Tae-won said in Taipei that the memory crunch could persist ... Read more ›
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Salesforce’s stake in frontier AI model provider Anthropic has reached a roughly $5 billion following multiple investments and Anthropic’s latest funding round, according to a person with direct knowledge of the matter. Bloomberg first reported the value of Salesforce’s stake in Anthropic on ... Read more ›
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Salesforce is acquiring Contentful, a provider of content management software for businesses, in the latest sign of its efforts to make its customer data more easily accessible to AI agents. Terms of the deal weren’t disclosed, but Salesforce paid between $1 billion and $1.5 billion for ... Read more ›
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How is running an AI firm like running for Congress? In either case, you have to spend half your time raising money! Take Google’s surprising announcement on Monday afternoon that it plans to raise a total of $80 billion in equity “as part of its plan to fund investments” in AI. That’s in addition to the $85 billion it has already borrowed in the past year. Repeatedly raising tens of... Read more ›
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12.06.2026 03:12
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