SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO You need infrastructure to build AI a and robots, but apparently you also…
Amazon, Meta join fight to end Google Pay, PhonePe dominance in India
Amazon, Meta join fight to end Google Pay, PhonePe dominance in India PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with…
Amazon’s cloud business is surging — and so is its capital spending
Amazon’s cloud business is surging — and so is its capital spending The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and…
Sources: Anthropic could raise a new $50B round at a valuation of $900B
Sources: Anthropic could raise a new $50B round at a valuation of $900B The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900…
On the stand, Elon Musk can’t escape his own tweets
On the stand, Elon Musk can’t escape his own tweets Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI. Elon Musk took the…
Meta is still burning money on AR/VR
Meta is still burning money on AR/VR Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending. Meta is losing…
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully…
Microsoft says it has over 20M paid Copilot users, and they really are using it
Microsoft says it has over 20M paid Copilot users, and they really are using it Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that…
Google Cloud surpasses $20B but says growth was capacity-constrained
Google Cloud surpasses $20B but says growth was capacity-constrained Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean…
Google gains 25M subscriptions in Q1, driven by YouTube and Google One
Google gains 25M subscriptions in Q1, driven by YouTube and Google One Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow. Google added…