Tesla’s car deliveries fell 14% year over year in the second quarter, to 384,000 vehicles, the electric carmaker said Wednesday, the latest sign of the struggles facing the company. The drop follows a similar 13% decline in the first quarter and comes as CEO Elon Musk’s involvement with the ... Read more ›
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Microsoft plans lay off roughly 9,000 jobs across the company, according to someone briefed on the layoffs. The cuts, which affect nearly 4% of the company’s workforce, come just months after Microsoft laid off roughly 6,000 employees in June. This round of layoffs will primarily affect ... Read more ›
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For much of its 15-year history, supplement brand AG1 refused to sell through Amazon, preferring its own site. That changed this April, when AG1 decided to list its popular green powders on the e-commerce giant. Amazon’s massive pool of shoppers offered a big growth opportunity for AG1 as interest in supplements surges across the board. But just as importantly, taking the plunge was a way for AG1 to defend its... Read more ›
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Amazon now has over one million robots in its warehouses, nearly as many human workers as the e-commerce giant employees in the facilities, The Wall Street Journal reported. Robots now contribute to about 75% of Amazon’s deliveries around the world, according to the report. That automation has ... Read more ›
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The Federal Trade Commission has opened an in-depth review of SoftBank’s acquisition of Santa Clara-based chip designer Ampere Computing, Bloomberg reported on Tuesday. The FTC made what is known as a “second request for information,” signaling the start of a lengthy probe that could delay the ... Read more ›
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And now for something completely different. In a break from artificial intelligence recruiting dramas, we’re looking today at the ancient world of television, through the prism of Warner Bros. Discovery. The Newhouse family, WBD’s second-biggest shareholder, revealed in a securities filing on Tuesday that it had sold half its stake in the company for $1.1 billion. Coming weeks after WBD said it would split in two, carving off its declining... Read more ›
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Meta Platforms’ efforts to recruit OpenAI researchers with high compensation offers are “somewhat distasteful,” OpenAI CEO Sam Altman said in a Slack message to the company Monday night, Wired reported. The Slack message came after Meta revealed the lineup of its new AI division, which includes ... Read more ›
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Design software firm Figma said revenue rose 46% in the first three months of the year, to $228 million, and it tripled its operating income to $40 million, according to a securities filing for a planned public offering. It generated a gross profit margin of 91%, ranking it among the highest ... Read more ›
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The investment bankers in the middle of the trillion-dollar data center boom are working on their next play: capital recycling.Private equity firms and real estate funds that invest in new artificial intelligence data centers will eventually need cash returns from their investments. Some of the data center operators they own are getting too big to sell, and may have too much debt to get the best price in an initial... Read more ›
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During the first game of the WNBA season, Chicago Sky star forward Angel Reese received a hard foul from her archrival, the Indiana Fever’s Caitlin Clark. The tough basketball play sparked a maelstrom of hate speech that snowballed across social media, an episode that highlighted how quickly such abusive discourse travels and how the league struggles to address it, as I wrote in The Arena in May. As of today,... Read more ›
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The TV streaming market is getting awfully crowded! Last week, Kalley and I broke the news that Instagram and TikTok are both working on versions of their video apps better suited for TV screens, following YouTube’s success in the living room.It’s easy to understand why these social media companies want to get in the game. Advertisers generally pay more for ads that show on TV screens than smartphone apps. TV... Read more ›
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Anthropic’s revenue reached a pace of $4 billion annually, or $333 million per month, up almost four times from the start of the year, The Information reported Tuesday. At the same time, competition with other startups offering AI to help engineers code faster is intensifying. Anysphere, the ... Read more ›
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As President Trump’s “Big Beautiful Bill” was being debated in the Senate over the past week, cracks were spreading among Republicans over a provision in the bill to block states from regulating artificial intelligence. Companies such as Meta Platforms, Andruil and Andreessen Horowitz pushed for it. Commerce Secretary Howard Lutnick was also in favor. But MAGA figures such as conservative commentator Steve Bannon argued it was a giveaway to power-hungry... Read more ›
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Surge AI, a competitor to data labeling firm Scale AI, has hired banks including J.P. Morgan to help it sell up to $1 billion in shares at a valuation of more than $15 billion, according to a person with knowledge of the deal. The transaction will mostly involve existing shares held by Surge’s ... Read more ›
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Cloudflare, which manages web traffic and cybersecurity for around 20% of the internet, launched a new default setting that lets news outlets and other content providers block the web crawlers that AI firms use to scrape their data without permission. The company also announced a program, ... Read more ›
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Web infrastructure company Cloudflare announced that starting today, websites using their technology can block AI crawlers by default. The move could undermine AI firms’ ability to update their models or ensure that their chatbots have access to up-to-date information, given that around 20% of ... Read more ›
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Anysphere, the maker of Cursor, an artificial intelligence-powered coding app, has hired two leaders of Anthropic’s competing coding product, Claude Code, according to one of the leaders. The move is notable because Cursor relies on AI from Anthropic to power its app and is one of Anthropic’s biggest customers. The hiring underscores the frenetic nature of talent moves in the AI field this year. It also comes as Anthropic’s revenue... Read more ›
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Warner Bros. Discovery’s second biggest shareholder, the Newhouse family, has sold half its stake in the entertainment company for $1.1 billion. The sale cuts the Newhouses’ stake in WBD to 4%, below the disclosure threshold, which means it will be tough to track whether the family sells ... Read more ›
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Grammarly announced on Tuesday that it acquired AI email assistant Superhuman, part of the startup’s effort to build a broad range of workplace software. The company didn’t disclose financial terms of the deal. Superhuman was last valued at $825 million in a round led by IVP and Andreessen ... Read more ›
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Hi! If you’re finding value in our Applied AI newsletter, I encourage you to consider subscribing to The Information. It contains exclusive reporting on the most important stories in tech, like this story on how Amazon is reshaping the TV ads market. Save up to $250 on your first year of access.OpenAI has a long habit of launching products and features that compete with other tech startups that sell apps... Read more ›
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Most popular sources
Business Insider
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42% 24 |
Wired
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20% 18 |
Gizmodo
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8% 2 |
MacRumors
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7% 6 |
Vox
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4% 1 |
| View sources » | |
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05.11.2025 06:10
Last update: 06:01 EDT.
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