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Lovable eyes $12B valuation, doubling its worth as revenue hits $400M
Swedish AI startup Lovable is in discussions to raise new funding at a $12 billion valuation. This deal would nearly double the company's $6.6 billion...
đź”´ Microsoft Corporation is trading 3.1% down today on rate concerns and UK antitrust probe
Microsoft Corporation is trading 3.1% down at $414.77 as a stronger-than-expected U.S. jobs report sparks concerns over higher-for-longer interest rates. •...
Microsoft Faces UK Antitrust Probe, Targeting Cloud and AI Dominance
The U.K. Competition and Markets Authority (CMA) is advancing an investigation into Microsoft’s business practices. Regulators initiated the probe in May to...
Uber exhausts 2026 AI budget, forcing industry-wide cost controls
AI companies are shifting focus from tokenmaxxing to implementing strict cost controls. OpenAI CEO Sam Altman identified operating costs as a major issue for...
Board Member Reid Hoffman Will Not Seek Re-election at 2026 Annual Meeting
Microsoft announced that Reid Hoffman, a member of its Board of Directors since 2017, has decided not to stand for re-election at the company's 2026 annual...
Nadella Rebukes Executive's Plan to Make AI Users 'Addicted'
Microsoft CEO Satya Nadella reportedly rebuked an executive's strategy that aimed to make users "addicted" to a new AI agent. The rebuke followed media reports...
Illinois Governor's Plan to Pause Data Center Tax Breaks Stalls in Legislature
Illinois Governor J.B. Pritzker proposed a two-year suspension of tax incentives for new data centers, which was intended to start July 1, 2026. [4, 5] The...
OpenAI supports Trump's AI review order, calls for civilian agency oversight
OpenAI supports President Donald Trump’s June 2 executive order establishing a voluntary framework for reviewing advanced AI models. The program invites...
Anthropic Files for IPO, Targeting $965 Billion Valuation Over OpenAI
Anthropic filed confidentially for an initial public offering in the U.S. The company intends to go public ahead of its chief rival, OpenAI. A funding round...
OpenAI Pitches US Equity Stakes to Trump, Targeting Public Dividends
U.S. officials have started preliminary talks with major artificial intelligence companies regarding the federal government acquiring equity stakes. OpenAI CEO...
OpenAI upgrades ChatGPT memory with Dreaming system, doubling paid user capacity
OpenAI is launching a new memory architecture for ChatGPT called Dreaming. This system automatically synthesizes and updates conversation context without...
Microsoft targets Anthropic with low-cost AI, reducing reliance on partners
Microsoft AI CEO Mustafa Suleyman announced a pricing strategy to undercut rival Anthropic. Suleyman labeled Anthropic’s models as extremely expensive to...
Americans lead global opposition to data centers, citing resource drain
A Public First poll shows only 26% of Americans support increased data center construction. This represents the lowest approval rating among 15 major nations...
Microsoft builds MAI models, seeking OpenAI independence and agent-first computing
Microsoft CEO Satya Nadella detailed a dual-track AI strategy in a Stratechery interview. The company will continue its OpenAI partnership while developing an...
France secures €110B for AI, leveraging its low-carbon nuclear power
France secured over €110 billion in proposed AI and data center investments during its annual Choose France summit. The projects will add approximately 10...
Five Eyes warn of Chinese espionage, targeting experts via job platforms
The United States, U.K., Canada, Australia, and New Zealand issued a joint public warning regarding a widespread Chinese espionage campaign. China's military...
Microsoft and Cloudflare face server crashes, following AI-discovered HTTP/2 Bomb
Security firm Calif disclosed a remote denial-of-service vulnerability called HTTP/2 Bomb. Researchers used OpenAI Codex to discover the exploit. The...
Microsoft pivots to independent AI, ending exclusive OpenAI deal
Microsoft is accelerating the development of its own advanced artificial intelligence. A renegotiated contract with OpenAI enables this strategic...
Microsoft and Pinecone Integrate to Boost AI Agent Performance on Enterprise Data
Microsoft and Pinecone announced an integration connecting Pinecone's Nexus knowledge engine with Microsoft OneLake, the data lake foundation for Microsoft...
Anthropic launches Claude partner tiers, targeting revenue stability ahead of IPO
Anthropic launched a Services Track for its Claude Partner Network to rank consulting firms by AI deployment expertise. The new structure establishes Select,...