Google has agreed to pay SpaceX $920 million per month starting October 2026 through June 2029 for access to xAI's data centers, according to a SpaceX SEC filing. The deal, valued at $30 billion, gran…
Anthropic has confidentially filed for a U.S. initial public offering, moving ahead of rival OpenAI in the race to go public, Reuters reports. The filing follows a $65 billion funding round that value…
OpenAI CEO Sam Altman and White House officials have held ongoing discussions for over a year about a potential U.S. government equity stake in the company, with Altman first pitching the idea to Pres…
Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs and related components housed at SpaceX's xAI data centers, according …
Enterprises are increasingly adopting "model routing" to match tasks with the cheapest adequate AI model, a shift that threatens revenue for OpenAI and Anthropic. Glean CEO Arvind Jain estimates 95% o…
For the first time in history, artificial intelligence and automated bots now generate more internet traffic than humans, with 57.4% of all web activity coming from automations compared to 42.7% from …
The European Commission on June 3-5, 2026 proposed a "European Technological Sovereignty Package" including a Chips Act 2.0, Cloud and AI Development Act, and Open Source Strategy to reduce the EU's r…
SoftBank CEO Masayoshi Son told CNBC that an AI model is currently designing OpenAI's next model, predicting the resulting system will be "exponentially smarter than all of us" and represent a form of…
Cloudflare reports that automated systems now generate 57.4% of HTTP requests to a selection of websites it monitors, compared to 42.6% from human users. CEO Matthew Prince said the shift happened fas…
OpenAI announced it will comply with President Trump's scaled-back executive order on artificial intelligence, allowing the U.S. government to review its AI models before public release. The company's…
OpenAI will comply with President Donald Trump's executive order requiring companies to provide federal officials access to AI models 30 days before public release for benchmarking, OpenAI Head of Cou…
Asian equities slid on June 5, led by South Korea's Kospi which fell more than 5% in early trading after Broadcom's disappointing AI-chip guidance triggered a broad selloff in semiconductor stocks. Sa…
Asian technology stocks fell on Friday, June 5, 2026, after Broadcom's disappointing artificial intelligence revenue outlook triggered a sell-off in U.S. chip shares that spread to Asian markets. Broa…
Amazon engineers publicly criticized the company at a Seattle City Council hearing this week, accusing the tech giant of spending $200 billion on AI infrastructure and data centers while cutting 30,00…
Databricks CEO Ali Ghodsi told Bloomberg Television the data and AI company will not pursue an initial public offering in 2026, citing a crowded calendar of mega-offerings from SpaceX, Anthropic, and …
Alphabet Inc. executed an $80 billion stock sale, the largest in corporate history, to fund its artificial intelligence infrastructure expansion, with Goldman Sachs International co-CEO Anthony Gutman…
The European Commission proposed a tech sovereignty package Wednesday that restricts US cloud providers from processing sensitive government data and launches Chips Act 2.0 to build advanced semicondu…
Anthropic, SpaceX-xAI, and OpenAI are racing toward public listings this year, with Anthropic filing a confidential S-1 and SpaceX targeting a valuation between $1.25 trillion and $1.75 trillion after…
SoftBank Group's concentrated investments in OpenAI have driven a 70% share rally this year but also raised borrowing and credit concerns, with S&P Global Ratings revising the conglomerate's credit ou…
Uber is eliminating 23% of positions in its People and Places division, the unit responsible for human resources, recruitment, and workplace facilities, under newly promoted president Jill Hazelbaker.…