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OpenAI Buys Rain AI Patents as Startup Collapses After Failed Takeover
OpenAI acquired an undisclosed number of patents from Rain AI following failed negotiations to buy the company outright. Sam Altman, CEO of OpenAI, previously...
Harvey Targets $15.5 Billion Valuation, Fueled by Legal AI Revenue Surge
Legal AI startup Harvey is negotiating a funding round of at least $500 million. The deal would value the company at $15.5 billion. Lightspeed Venture Partners...
OpenAI develops puck-sized AI companion, challenging Amazon and Google
OpenAI is developing a screenless smart speaker for a 2027 launch. The device will retail between $300 and $400. It features a portable, doughnut-shaped design...
Canva slashes revenue forecast, citing unsustainable frontier AI costs
Canva cut its annual revenue forecast after second-quarter revenue missed internal guidance. Second-quarter revenue rose 25% year-over-year to $921.9...
OpenAI launches Agent Plugins, uniting tech giants on universal AI standards
OpenAI introduced Agent Plugins as an open, vendor-neutral standard for AI agent components. This framework establishes a common format for packaging AI skills...
DeepSeek hikes AI prices, reversing industry trend of aggressive cost-cutting
Chinese AI developer DeepSeek plans to implement a substantial price increase across its services. This move reverses the industry's recent trend of aggressive...
Microsoft generates $24.1B from OpenAI, fueling majority of AI sales
Microsoft generated $24.1 billion in revenue from its OpenAI partnership during the fiscal year ending in June. This figure accounts for more than half of...
Hark, From Figure AI's CEO, Unveils 'Handoff' AI Agent Claiming Superiority Over OpenAI and Google Models
Hark, an AI startup founded by Figure AI CEO Brett Adcock, has previewed its first product, a computer use agent named Handoff. The agent is designed to...
OpenAI to Pay $3.2M to Settle DOJ Discrimination Allegations
The U.S. Department of Justice (DOJ) announced a $3.2 million settlement with OpenAI to resolve allegations of discriminating against U.S. workers. The DOJ's...
Microsoft npm battles ChainDrop worm, compromising 1,300 software packages
The ChainDrop malware campaign compromised the npm software package registry. This attack uses a Shai-Hulud family worm to infect over 1,300 packages. Affected...
Texas Halts Data Center Grid Approvals, Citing Massive AI Power Demand
Governor Greg Abbott ordered a halt on new data center grid connections until a comprehensive state audit is completed. The Public Utility Commission of Texas...
Big Tech stocks diverge, driven by AI spending returns
Microsoft and Amazon shares surged following strong cloud growth and better-than-expected results. Microsoft recorded the largest single-day market value gain...
Big Tech silences AI skeptics, as cloud growth proves path to profit
Investor skepticism regarding Big Tech’s massive artificial intelligence spending is shifting toward optimism. A clear path to profitability has emerged...
Microsoft Plans to Bring Xbox 360 Games to PC, Leaked Document Reveals
A leaked document sent to developers reveals Microsoft's plans to bring Xbox 360 games to PC. The initiative is part of a broader strategy to expand its...
🟢 Microsoft is trading 4.2% up today as post-earnings rally extends on AI and Azure strength
Microsoft is trading 4.2% up now at $488.61 as investors extend the post-earnings rally following its late-July report. • The move builds on sharp gains...
OpenAI Astra Solves 10 Major Math Problems for Just $2,000
OpenAI announced that an internal version of its Astra model solved 10 long-standing problems in mathematics and theoretical computer science. These...
Microsoft Adds Record $450 Billion, Driven by AI and Cloud Growth
Microsoft reported fourth-quarter fiscal 2026 revenue of $90 billion. Revenue exceeded the analyst forecast of $87.7 billion. Adjusted earnings per share...
🟢 Microsoft is trading 3.4% up today as Azure growth and AI spending fuel post-earnings momentum
Microsoft is trading 3.4% higher at $466.52 as investors continue to respond to blowout Azure and AI-focused earnings reported earlier this week. • The stock...
OpenAI Announces Over 1 Billion Active Users and 2 Million Business Customers
OpenAI announced that its artificial intelligence models are now used by over one billion active users and two million businesses. The announcement, detailed...
Microsoft surges $450B in record one-day gain, driven by Azure growth
Microsoft’s market value surged by approximately $450 billion on Thursday. This represents the largest one-day gain ever recorded for a U.S. company. Shares...