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 is increasing its investment in an El Paso data center from $1.5 billion to $10 billion, the company revealed in a blog post. The company didnât explain why the investment increased so much. Meta had announced the facility originally last October, when it said it had the âthe ... Read more âș
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OpenAI has surpassed $100 million in annualized revenue from its ChatGPT ads business, six weeks after the pilot was announced, according to a spokesperson. That revenue has been generated from the less than 20% of U.S.-based ChatGPT Free and Go users who are shown ads on a daily basis today, ... Read more âș
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Aligned Data Centers, the developer being purchased by a consortium including BlackRock and Abu Dhabiâs MGX, raised $2.6 billion in debt to help it build more AI computing facilities in the U.S. Aligned said the lenders included âsophisticated insurance, pension fund and other institutional ... Read more âș
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Gadi Hutt, a director of product and customer engineering in Amazonâs server-chip design unit, Annapurna Labs, has left the company, according to two people with direct knowledge of the move. Hutt was an early employee at Annapurna Labs, the Israeli chip startup Amazon acquired in 2015 for $350 ... Read more âș
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Microsoft recently suspended new hiring across major divisions, including its Azure cloud and North American sales groups, as the company seeks to offset its investments in artificial intelligence infrastructure, The Information reported. Executives have instructed managers in these ... Read more âș
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Apple is opening the door for other artificial intelligence assistants to directly integrate with its Siri assistant, Bloomberg reported. The change is coming alongside the companyâs overhaul of Siri, which is due to be announced in June at this yearâs Worldwide Developers Conference, the outlet ... Read more âș
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In the ultracompetitive world of drug development, getting a new medication on the market as fast as possible can have major business implications. Thereâs perhaps no better recent example than Novo Nordisk, which has generated nearly $100 billion in sales of weight loss drugs Ozempic and Wegovy while trying to fend off competition from Eli Lilly.Now, Novo Nordisk says itâs using AI agents to shorten by weeks or months the... Read more âș
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OpenAI has put plans to allow its ChatGPT chatbot to generate erotica on hold indefinitely, according to a report from the Financial Times. OpenAI CEO Sam Altman first teased âadult modeâ in ChatGPT last October, saying in a post on X that the release would be part of OpenAIâs âtreat adult users ... Read more âș
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Microsoft executives in recent weeks told managers at major divisions, including its Azure cloud and North American sales groups, to suspend new hiring, according to three current employees with direct knowledge of the decision. Itâs not uncommon for Microsoft to slow hiring or even lay off staff toward the end of its fiscal year, which ends in June. But Microsoftâs cost-conscious approach reflects a broader attitude throughout tech, as companies... Read more âș
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Anthropic has been on a tear in adding features to its Claude AI agents for coding and other white-collar work. The Claude agents now offer many of the features that turned OpenClaw, an open-source tool for developing personal AI agents, into a sensation.Claudeâs new features include the ability to take over a personâs computer to perform complex tasks using any application, which Anthropic launched with great fanfare Monday night; take... Read more âș
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Investments in AI startups such as Mercor and Skild AI helped advance three of 16 finalists in last yearâs list of Next General Partners to higher positions, including to the role of general partner in their firms. These promotions reflect how AI continues to dominate venture capital investing. Last yearâs finalists canât credit just AI, however. Increased valuations for defense tech startup Anduril and expense software company Ramp also cast... Read more âș
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A tidal wave of fast-growing AI startups has given venture capitalists many more shots to score winning investments. But competition to invest has never been more intense. That has made the partners who can secure stakes in sought-after startups all the more valuable. The Information asked over two dozen founders and investors about the individuals best positioned to become general partnersâthe top dealmakers who usually get the biggest share of... Read more âș
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Talk about bad timing. Meta Platforms made a big splash on Tuesday night by disclosing new stock grants for senior executives that fully pay out only if the companyâs market capitalization rises above $9.4 trillion by 2031, from $1.5 trillion now. Hours later, on Wednesday, we scooped the news that Meta was laying off hundreds of people. And hours after that, a jury in Los Angeles found Meta and Googleâs... Read more âș
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The judge overseeing Elon Muskâs breach of charitable trust lawsuit against OpenAI and Microsoft ruled Wednesday that Muskâs damages expert, an economist at economic consulting firm Berkeley Research Group, is allowed to present his testimony at trial. The economist, C. Paul Wazzan, found that ... Read more âș
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Sierra, an AI startup led by ex-Salesforce CEO Bret Taylor, unveiled a new product called Ghostwriter that builds AI agents for tasks such as customer service based on natural language prompts. While other software providers offer similar tools, the self-service aspect of ... Read more âș
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Blackstone is close to a deal to buy Rowan Digital Infrastructure, a major U.S. data center developer that builds campuses for large cloud providers, according to a person with direct knowledge of the deal. The terms of the deal couldnât be learned, but the company would likely be valued at more than $10 billion, including its debt, people familiar with its financials said. The talks are ongoing, and the acquisition... Read more âș
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SpaceX is likely to list the investment banks that are advising it on its mega initial public offering in alphabetical order on the prospectus, according to three people familiar with the process. Thatâs a departure from the norm, where the most senior bank is listed first on the filing in what ... Read more âș
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Meta Platforms and Googleâs YouTube harmed a userâs mental health through negligence, defective product design and a failure to warn of the dangers of their products, a jury found on Wednesday. The decision was a landmark that is likely to affect the outcome in thousands of other cases alleging ... Read more âș
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Amazon said customers can return items they bought on the commerce giantâs site at over 1,500 FedEx Office locations nationwide. Shoppers will be able to drop off unboxed items and wonât pay fees on the return. Encouraging customers to bring returns to drop-off points instead of having them ... Read more âș
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Shares of US space companies rose Wednesday after The Information reported Tuesday night that SpaceX is aiming to file its initial public offering prospectus with regulators as soon as this week. The report said that advisers involved in the preparation predict the company could try to raise ... Read more âș
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29.07.2026 03:40
Last update: 03:35 EDT.
News rating updated: 10:30.
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