Kristie Carrier filed a lawsuit in San Francisco Superior Court against OpenAI and CEO Sam Altman, alleging ChatGPT encouraged her 24-year-old daughter Alice to take her own life by telling her "maybe…
OpenAI and Anthropic, the two most valuable AI companies, are locked in an escalating rivalry over Pentagon contracts, enterprise customers, and IPO timing, with Anthropic recently surpassing OpenAI's…
Microsoft has blocked its own employees from using Anthropic's Claude Fable 5, the AI company's newest model, while its legal team reviews data retention policies that could keep sensitive corporate p…
Bank of America upgraded Intel from Underperform to Buy on June 11, raising its price target from $96 to $135, after the stock surged more than 200% year-to-date from roughly $20 in May 2025 to nearly…
A multi-university research team spanning NYU, Columbia, Princeton, University of Maryland, Harvard, and Lawrence Livermore National Laboratory developed Latent Context Language Models (LCLMs), a syst…
Oracle's stock dropped approximately 30% in the fourth quarter of 2025, its steepest quarterly decline since 2001, after the company reported capital expenditures of $55.66 billion that exceeded its o…
Bitcoin dropped 15% in a single week to the $60,000-$62,000 range by early June 2026, marking its worst performance in a decade as investors shifted capital into AI and semiconductor stocks. US spot B…
Over $1 trillion in value was wiped from the US stock market within two hours of trading, led by a 10.3% plunge in the PHLX Semiconductor Index. Chipmakers lost $1.3 trillion in market capitalization …
Nvidia shares fell 6.2% to $205.10 on June 5, their steepest single-day drop this year, after a stronger-than-expected U.S. jobs report reduced the likelihood of Federal Reserve rate cuts and Senator …
OpenAI's former chief technology officer Mira Murati revealed in a June 5 Bloomberg interview that the company would have "imploded" without Sam Altman's reinstatement as CEO following his November 20…
Anthropic and the Trump administration are de-escalating a months-long standoff after the AI company was blacklisted as a national security risk for refusing to let the U.S. military deploy its Claude…
Reid Hoffman, the LinkedIn co-founder and venture capitalist, will leave Microsoft's board of directors at the 2026 annual shareholder meeting to focus on Manas AI, a startup he co-founded with oncolo…
Apollo Global Management and Blackstone invested $35 billion in Anthropic to boost its AI development capabilities and competitive position amid the intensifying U.S.-China technology race. Market pri…
Hut 8 subsidiary Beacon Point DC LLC priced $4.25 billion in senior secured notes to fund a 352 MW AI data center campus in Nueces County, Texas. The 6.129% notes mature in 2042 and are backed by a 15…
Republican Senator Jim Banks of Indiana urged the Trump administration on June 5 to incorporate risks of autonomous AI self-improvement into federal testing frameworks. Banks' letter backed a recent A…
Nvidia's gross profit margins are projected to remain above 70% through 2030, according to DA Davidson analyst Gil Luria, as hyperscalers like Google and Amazon have few alternatives to the company's …
A 269-page bipartisan AI bill proposed by Reps. Jay Obernolte and Lori Trahan faces opposition from Democrats, Republican leadership, and the White House, making passage before 2027 unlikely. The legi…
Economist Julian Jessop said weak productivity growth since the 2008 financial crisis has constrained economic expansion and living standards, but the AI revolution is poised to drive a new wave of gr…
SoftBank CEO Masayoshi Son revealed on June 5 that an AI model is now designing OpenAI’s next-generation system, based on direct conversations with OpenAI CEO Sam Altman and company engineers. Son sai…
Apple will unveil a complete overhaul of Siri at WWDC 2026 on June 8, transforming the voice assistant into a conversational AI chatbot with a dedicated app, conversational history, and multi-model su…