Stripe buys the AI tollbooth
Stripe has acquired OpenRouter, an AI model routing platform, in a deal that positions the payments company as a tollbooth for AI traffic. The acquisition, announced Monday, gives Stripe control over …
Stripe has acquired OpenRouter, an AI model routing platform, in a deal that positions the payments company as a tollbooth for AI traffic. The acquisition, announced Monday, gives Stripe control over …
Google released Gemini 3.7 Flash, a new AI model priced at $1.50/$7.50 per million input/output tokens, which appears competitive with Claude Sonnet 5 and is offered at a 50% discount on OpenRouter. O…
Chinese AI lab DeepSeek released DeepSeek-V4-Pro, its latest AI model, now out of preview with benchmark gains, as the company raises prices amid a multi-billion-dollar funding round. The price increa…
Chinese AI labs are ending their era of low-cost models, with Moonshot's Kimi K3 priced at $3 and $14 per million input and output tokens and requiring a 30% revenue share for inference, while DeepSee…
Figma's latest earnings show the company continues to thrive, reinforcing that SaaS remains viable in the AI era, while Amplitude also reported strong quarterly results. Meta introduced a new coding-f…
Arista Networks reported Q2 revenue of $3.04 billion, up 37.7% year-over-year, with a 45.5% operating margin and $1.2 billion in net income, sending shares up 11% as the company forecast $3.3 billion …
SpaceX reported Q2 2026 revenue of $7.81 billion, up 92% year-over-year, beating analyst expectations of $6.93 billion, and a per-share loss of $0.09 versus the expected $0.26 loss. Despite the strong…
OpenAI has regained the global lead in artificial intelligence, according to a report from Cautious Optimism. The analysis highlights OpenAI's advancements in AI models and products, positioning it ah…
Open-weights, local inference, and first-party hyperscaler models are challenging frontier labs like OpenAI and Anthropic, with newly crowned AI models spending only 41 days atop leaderboards before b…
Microsoft reported strong quarterly earnings driven by steady growth in its cloud and AI businesses, with Azure revenue up 33% year-over-year, as the company focuses on operational efficiency rather t…
Bot detection startup Spur Intelligence reported 210% year-over-year new business growth, 109% net dollar retention, 0% gross churn, and 42% year-over-year growth in annual recurring revenue in the se…
Nvidia has reportedly offered a $250 billion financial backstop for a 10-gigawatt data center complex in Ohio being built by SoftBank unit SB Energy for OpenAI, aiming to secure long-term chip demand …
Intel reported second-quarter revenue growth of 25%, its largest gain since 2011, after the federal government pushed favorable long-term contracts on the chipmaker. Monday.com announced it will cut ~…
Alphabet reported Q2 2026 revenues of $119.80 billion, beating the $116.93 billion estimate, but missed on adjusted EPS at $2.85 versus $2.89 expected. Shares fell nearly 7% as Google Cloud revenue ro…
The United States is changing how it allocates research funding, with a focus on investing in individual scientists over legacy institutions and increasing funding to AI research, according to the Dir…
Anduril, the Silicon Valley defense prime, unveiled Thunder, a twin-rotor autonomous VTOL drone that can launch vertically and fly in a straight line, claiming it has more 'stowed kills per sortie tha…
Open source AI cannot be banned, argues a new analysis, as the technology's decentralized nature makes prohibition impractical. The piece highlights that attempts to restrict open source AI would stif…
Moonshot, a Chinese AI company, has released Kimi K3, an AI model that the company claims matches the performance of leading American models, marking a significant step in China's AI development. The …
TSMC reported second-quarter earnings that beat analyst expectations, with earnings per share rising 77% year-over-year and revenue growing 36%, but shares fell as the company raised its 2026 capex fo…
Uber has reversed its long-standing opposition to regulation, now supporting a federal framework for ride-hailing and delivery services that would preempt state and local rules, according to a company…