OpenAI's Bid for Compute Independence: Why It's Building Its Own AI Megafactories
A Texas data center, operated by Crusoe for OpenAI, has just secured an additional $11.6 billion in funding, bringing the total committed to this single project to $15 billion. For OpenAI, this massive financial commitment isn’t just about scaling up; it’s a strategic move to reduce the
The Cost of AI Compute: Google’s TPU Advantage vs. OpenAI’s Nvidia Tax
What's Behind Intel's Plan to Sell Its Networking and Edge Business?
Sign up for ARPU: Stay ahead of the curve on tech business trends.
Apple, Huawei, Xiaomi lead China’s top-500 ranking of consumer brands, report finds
The rankings were based on domestic consumers’ online purchase behaviour, according to a Peking University report.
SCMP
Lenovo caught off guard by tariffs even as AI PCs deliver strong annual revenue
The PC maker’s CEO said Trump’s tariffs dented performance last quarter, but its US$69.1 billion in 2024/25 revenue is among its best.
SCMP
Tech war: Malaysia walks back from AI project with Huawei as tech giant denies chip exports
The Malaysian AI project grabbed attention amid intensifying tech rivalry between Beijing and Washington.
TechCrunch
Klarna used an AI avatar of its CEO to deliver earnings, it said | TechCrunch
Other than AI Siemiatkowski's admission, it wasn't obvious that this was AI. ... TechCrunch Mobility is your destination for transportation news and...
CNBC
Founders of Amazon's PillPack launch health-care marketplace startup General Medicine
General Medicine acts as an online health-care marketplace that can connect users with medical providers or assess what care they need based on symptoms.
CNBC
Hinge Health opens at $39.25 per share after pricing IPO at top end of range
Hinge Health is betting that Wall Street is ready to back a new digital health offering after a difficult few years for that market.
TechCrunch
Anthropic's new AI model turns to blackmail when engineers try to take it offline
Anthropic says its Claude Opus 4 model frequently tries to blackmail software engineers when they try to take it offline.
CNBC
Anthropic unveils next AI models - CNBC
CNBC's Kate Rooney join 'Halftime Report' to discuss Anthropic's next-gen AI mdoels.
VentureBeat
Time Magazine appears to accidentally publish embargoed story confirming new Anthropic model
The San Francisco-based AI startup Anthropic had already informed the general public that it planned to make an announcement today, Thursday, May 22nd...
The Verge
OpenAI is buying Jony Ive's AI hardware company - The Verge
Jay Peters is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. OpenAI is buying io...
Bloomberg
Tinder CEO Steps Down in Latest Shakeup at Match Group
Tinder Chief Executive Officer Faye Iosotaluno will step down in July after less than two years in the role, adding to a string of executive changes at parent company Match Group Inc., which has struggled to return Tinder, its largest dating app brand, to growth.
The Verge
Anthropic's Claude 4 AI models are better at coding and reasoning - The Verge
Anthropic has introduced Claude Opus 4 and Claude Sonnet 4, its latest generation of hybrid reasoning AI models.
Reuters
Startup Anthropic says its new AI model can code for hours at a time | Reuters
Artificial intelligence lab Anthropic on Thursday unveiled its latest top-of-the-line technology, Claude Opus 4, which it says can write computer...
CNBC
Amazon-backed Anthropic debuts Claude 4 Opus and Sonnet AI models - CNBC
Anthropic, the Amazon-backed OpenAI rival, on Thursday launched its most powerful group of AI models yet: Claude 4.
Axios
Anthropic unveils the latest Claudes with claim to AI coding crown - Axios
Anthropic debuted the first models in its latest Claude 4 series Thursday — including one, Claude 4 Opus, that it says is the world's best at...
MIT Technology Review
Anthropic's new hybrid AI model can work on tasks autonomously for hours at a time
Anthropic has announced two new AI models that it claims represent a major step toward making AI agents truly useful. AI agents trained on Claude Opus...
Bloomberg
AI Startup Anthropic Releases More Powerful Opus Model After Delay
Anthropic is set to roll out two new versions of its Claude artificial intelligence software, including a long-delayed update to its high-end Opus model, as the startup vies to stay ahead of a crowded market.
Bloomberg
Ryan Reynolds’ MNTN Shares Rise 48% After $187 Million IPO
Connected TV advertising platform MNTN Inc.’s shares climbed more than 48% after the company and some of its shareholders raised $187 million in an initial public offering.
CNBC
Snowflake shares soar to highest level in over a year as revenue tops $1 billion for first time
Snowflake shares popped on Thursday after the data analytics company reported better-than-expected earnings and revenue.
Bloomberg
Lightspeed Revenue Tops $1 Billion, Fails to Sway Investors
Lightspeed Commerce Inc. was the worst performer on the S&P/TSX Composite Index Thursday after the point-of-sale operator reported a $556 million impairment charge amid economic uncertainty for small retailers.
Bloomberg
Google Faces Antitrust Investigation Over Deal for AI-Fueled Chatbots
The Justice Department is probing whether Alphabet Inc.’s Google violated antitrust law with an agreement to use the artificial intelligence technology of a popular chatbot maker, according to people with knowledge of the matter.
ARPU
OpenAI's Bid for Compute Independence: Why It's Building Its Own AI Megafactories
A Texas data center, operated by Crusoe for OpenAI, has just secured an additional $11.6 billion in funding, bringing the total committed to this single project to $15 billion. For OpenAI, this massive financial commitment isn’t just about scaling up; it’s a strategic move to
CNBC
OpenAI, Oracle and NVIDIA will help build Stargate UAE AI campus launching in 2026
Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.
ARPU
The Cost of AI Compute: Google’s TPU Advantage vs. OpenAI’s Nvidia Tax
Earlier this month, Google’s DeepMind AI research unit unveiled Gemini 2.5 Pro “I/O” edition, quickly hailed by DeepMind CEO Demis Hassabis as “the best coding model we’ve ever built!” This new iteration of its Gemini 2.5 Pro
Bloomberg
Startup Builder.ai Overestimated Sales by 300% to Creditors
When Builder.ai was seeking an emergency loan last year, the startup gave lenders a revenue forecast that proved to be four times its actual sales, people familiar with the matter said.
Bloomberg News
Computex 2025: Five Takeaways From Asia's Biggest AI Tech Show - Bloomberg News
... tech ambitions and restrictions. Summary by Bloomberg AI ... software development and has the resources to make up for any technological gap.
The Register
Builder.ai coded itself into a corner – now it's bankrupt - The Register
Comment The collapse of Builder.ai has cast fresh light on AI coding practices, despite the software company blaming its fall from grace on poor...
CNBC
OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco partner for Stargate UAE AI campus
Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.
CNBC
When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple
Emory Hillandale Hospital will be the first U.S. hospital powered by Apple products.
Bloomberg
OpenAI Eyes Stargate Data Centers for AI in Asia-Pacific
OpenAI is eyeing the Asia-Pacific for future data center sites, joining an already heated race to build out AI infrastructure in the region.
The Cost of AI Compute: Google’s TPU Advantage vs. OpenAI’s Nvidia Tax
Earlier this month, Google’s DeepMind AI research unit unveiled Gemini 2.5 Pro “I/O” edition, quickly hailed by DeepMind CEO Demis Hassabis as “the best coding model we’ve ever built!” This new iteration of its Gemini 2.5 Pro has, for the first time in the generative
What's Behind Intel's Plan to Sell Its Networking and Edge Business?
Intel, the long-time titan of the semiconductor industry, is reportedly exploring the sale of its Network and Edge (NEX) unit, a business that generated $5.8 billion in revenue in 2024. The move is said to be part of a strategic shift under new leadership, aiming to sharpen the company’
Why Xiaomi's 3nm Chip Matters for China's Tech
Chinese smartphone giant Xiaomi has announced it has begun mass production of its self-designed 3-nanometer system-on-a-chip (SoC), the XRING 01, ahead of its debut in new smartphone and tablet devices. The move positions Xiaomi as only the fourth company globally to design a 3nm mobile chip for mass production, putting
Why US-Middle East AI Chip Deals Ignite Security Debate
President Donald Trump’s recent tour of the Middle East resulted in a flurry of agreements to provide advanced artificial intelligence chips from companies like Nvidia Corp. and Advanced Micro Devices Inc. to entities in Saudi Arabia and the United Arab Emirates. These deals, involving hundreds of thousands to over
Tech Weekly: How "Distillation" is Disrupting the AI Business Model
The race to build the biggest, most powerful AI models may be over. A technique called "distillation," which allows smaller models to learn from larger ones, is rapidly commoditizing cutting-edge AI, making it cheaper and more accessible than ever before. This increasingly becomes a challenge to the business
Tech Morning: Nvidia's Growth Slows, AI Competition Heats Up
While Nvidia remains the dominant player in AI chips, its latest earnings show signs of slowing growth and increasing competition. We'll also look at Amazon's Alexa revamp, and DeepSeek's pricing strategy.
Story of the Day
Nvidia's Mixed Outlook as AI Spending Boom
Tech Morning: Europe Stands Firm Against Trump
The tech industry is facing a wave of regulatory and economic pressure, as Trump threatens tariffs against European tech regulations. Meanwhile, AI infrastructure investments continue to surge. Here's what you need to know:
Story of the Day
Europe Refuses to Back Down on Big Tech Regulation
President Donald
Tech Weekly: Microsoft Claims Quantum Lead
Last week, Microsoft claimed a breakthrough in its long-running pursuit of quantum computing, announcing the creation of a new type of quantum bit, or qubit, based on a newly-created state of matter. This development, while met with some skepticism from the scientific community, could potentially accelerate the global race to