Welcome, Weekenders! In this newsletter:âą Shopping: Introducing the Summer Fun Listâgear, gadgets and toys that all come highly recommendedâą AI: Where is China ahead of America? In cracking down on AI romances ⹠Plus, Recommendationsâour weekly pop culture picks: âThe Last Twelve Weeks,â âThe Nord Stream Conspiracyâand âThe Dark WizardâJust after 3 in the afternoon last Wednesday, I walked into Corgi Cafe, a coffee shop in San Franciscoâs Financial District... Read more âș
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Meta Platforms has taken down an internal, employee-built leaderboard tracking how many tokens staffers were using. The dashboard, which employees referred to as Claudeonomics, showed total usage over a recent 30-day period across the company amounted to over 60 trillion tokens, The Information ... Read more âș
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Earlier this week, my colleague Jyoti reported on the great lengths Meta Platforms engineers are going to show off their AI prowess. An employee-created leaderboard tracks who burns through the most AI tokensâpart of a broader trend known as âtokenmaxxing.â The article has sparked a flurry of armchair analysis on how much this strategy could cost Meta (and potentially benefit Anthropic), such as here and here. The drive by companies... Read more âș
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Polygon Labs, developer of the blockchain that underpins prediction market Polymarket and other crypto platforms, is in early talks with investors to raise as much as $100 million to build a new stablecoin payments business, according to people familiar with the talks. The funding discussions come amid a nasty downturn in crypto. The new venture would be a way for Polygon to diversify out of a market that has stalled. Read more âș
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Alibaba Group senior executive Jingren Zhou, who is in charge of AI model development, will stop serving as Alibaba Cloudâs chief technology officer and concentrate on his AI role, according to an internal memo. In the latest reorganization, Alibaba also appointed Zhou the chief AI architect of ... Read more âș
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Caylent, a consulting firm that helps Amazon Web Services customers adopt AI, has acquired Pronetx, another consulting firm that focuses on selling Amazonâs AI-powered contact center software, called Connect. The deal reflects the growing importance of Amazon Connect, which launched in 2017 and ... Read more âș
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The sooner Anthropic and OpenAI go public, the betterâat least then weâd have proper financial disclosure. Both companiesâ habit of updating the public on their revenue growth by references to either monthly revenue or annualized revenue, which is (loosely speaking) the last monthâs revenue multiplied by 12, is getting old. And itâs not exactly what investors need to know.Take Anthropic, which revealed Monday afternoon that it was now generating annualized... Read more âș
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What could stop Anthropic now? The maker of the Claude chatbot said Monday it is generating more than $30 billion in annualized revenue, up from $19 billion about a month ago and more than triple its year-end level. At that pace, the company is on track to surpass its mid-December projection of $32 billion in annualized revenue by the end of this yearâand could do so eight months early! In... Read more âș
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Elon Musk argued in a new legal filing that OpenAI CEO Sam Altman and President Greg Brockman should be removed as officers of OpenAIâs nonprofit wing if Musk wins his lawsuit alleging OpenAI violated its charitable mission. While much of the recent activity in the lawsuit has focused on the ... Read more âș
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Anthropic announced on Tuesday that it will be providing access to its unreleased Claude Mythos model to more than 40 organizations, including Apple, JPMorgan Chase and the Linux Foundation, so they can test their software for security vulnerabilities. Anthropic says that Claude Mythos is ... Read more âș
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Amazon Web Services CEO Matt Garman on Tuesday played down the idea that Anthropicâs highly-praised Claude Code tool could undercut existing enterprise software companies. But Garman warned that if incumbent software firms try to âprotect what they have and not lean inâ to AI, âtheyâre in ... Read more âș
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Software developers are using AI agents to crank out more lines of code than is humanly possible, with companies like Meta hosting âtokenmaxxingâ contests to see which coders can spin the AI meter the fastest.That trend is leading to a surge in traffic at Microsoft-owned GitHub, which hosts repositories where companies can upload and edit their source code. The AI-driven influx is causing a boom in business and straining GitHubâs... Read more âș
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Longtime Microsoft executive Eric Boyd is joining Anthropic as the AI labâs head of infrastructure, Boyd said on Tuesday. Boyd has spent more than 18 years at Microsoft, and for the past several years has led engineering of hardware and software needed to host OpenAI and Anthropic models on its ... Read more âș
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Amazon has reduced the volume of packages it will ship through the US Postal Service to 80% of the current volume, under a new agreement the two sides struck. âWeâre pleased to have reached a new agreement with USPS that furthers our longstanding partnership,â an Amazon spokesperson said. The ... Read more âș
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Intel says itâs now involved in a chip-making project led by Elon Muskâs companies SpaceX and Tesla, though neither company provided details on how they will work together or a timeline for the project. Musk announced plans for Terafab at an event in Texas last month, saying that it will ... Read more âș
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Anthropic said Monday afternoon it had topped $30 billion in annualized revenue, implying growth surged 58% since the end of February. It also suggests the maker of the Claude chatbot may have surpassed OpenAI, which was generating $25 billion in annualized revenue in February.Despite its success, Anthropic isnât winning any fans in the developer community as it tries to clamp down on people using Claude to power tools like the... Read more âș
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Selling on Amazon is getting tougher for some big brands. In recent months, Amazon has rebuffed requests from some of the companyâs wholesale suppliers to increase what it pays for their inventory, forcing brands to swallow higher costs related to tariffs, and more recently, oil prices, according to people who work with consumer brands like Colgate and Adidas and help them manage their relationships with Amazon. One result is that... Read more âș
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OpenAI suggested possible tax changes and a four-day work week as part of a range of potential industrial policies to prepare for the arrival of smarter-than-human AI systems it is developing. The ideas came in a 13-page document issued Monday. OpenAI also said it is setting up research grants ... Read more âș
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Broadcom said Monday that it would supply Anthropic with access to around 3.5 gigawatts of Googleâs tensor processing units starting in 2027. The chip designerâs update, made in a securities filing, expands a previous partnership to supply Anthropic with about 1 gigawatt worth of TPUs. Broadcom ... Read more âș
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Whatâs the bet that OpenAIâs senior management team undergoes a shake-up before the company goes public? On Sunday, The Information reported that finance chief Sarah Friar has concerns about OpenAIâs readiness to go public and its ability to support its AI server commitments. And on Monday, The New Yorker published a long profile of CEO Sam Altman that reinforced longstanding questions about his trustworthiness. It doesnât seem likely that these... Read more âș
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Anthropic said Monday it had topped $30 billion in annualized revenue, implying growth surged 58% Â since the end of February. The maker of the Claude chatbot was generating $9 billion at the end of last year and has been narrowing the revenue gap with the larger OpenAI. The maker of the ... Read more âș
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28.07.2026 22:22
Last update: 21:50 EDT.
News rating updated: 05:10.
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