AI image generation company Midjourney on Wednesday launched the first of its long-awaited hardware projects: a full-body scanner for detecting diseases and other health issues. The company’s founder and CEO David Holz claimed the machine is more detailed than an MRI. Midjourney has spent years developing the scanners, he said during a launch event at Vita Brevis, a member’s only club in San

Noam Shazeer, the Google DeepMind researcher whose work underpinned the generative AI boom, is joining OpenAI, the AI firm told some staff Wednesday. Shazeer, who left Google in 2021 to cofound a chatbot startup, Character.AI, rejoined Google’s AI team DeepMind in 2024 as part of a $2.7 billion ...

This was what you call an ugly day in the markets. Tech stocks sold off across the board, thanks to rising expectations that the Federal Reserve will raise interest rates. SpaceX stock fell nearly 5%, dragging it back below Amazon in market capitalization. But SpaceX, at least, is coming off a ...

Apple plans to raise prices on its devices to counteract soaring component costs for memory and storage chips, Chief Executive Tim Cook told The Wall Street Journal. Cook didn’t elaborate in the interview about timing or exact price increases. Apple is expected to hold its annual hardware event in September, where it will unveil new iPhones, including a foldable model. Cook also said in the

Amazon Web Services unveiled several new AI products at its annual New York Summit, some of which are designed to solve novel problems created by the new era of AI-driven software engineering. These include AWS Continuum, which helps identify code vulnerabilities to prevent companies from cybersecurity threats. In announcing the product, AWS specifically called out new threats from AI models like

Castelion, a nearly four-year-old startup that makes hypersonic missiles, is aiming to raise a new funding round at a valuation of $12 billion or more, including the money raised,according to two people with knowledge of the fundraising efforts. The company’s target would be at least four times ...

SpaceX added Roelof Botha to its board of directors, the company said in a securities filing on Wednesday. Botha is a longtime leader at Sequoia Capital, a major SpaceX investor. Botha joins SpaceX’s other board members Ira Ehrenpreis, Randy Glein, Antonio Gracias, Donald Harrison, Steve Jurvetson and Luke Nosek. The appointment comes less than a week after SpaceX raised $85.7 billion in the

Rumble, which started in 2013 as a YouTube alternative and hosts conservative content, completed a stock-for-stock transaction Wednesday to acquire data center company Northern Data, becoming the latest company to join the mad dash to rent out Nvidia graphics processing units to AI developers. Rumble and Northern Data, also known as a neocloud, earlier Wednesday had market capitalizations of

The Information is pleased to announce four new hires to continue our newsroom’s award-winning reporting. They will focus on Nvidia, finance, Elon Musk’s companies and tech policy. Dakin Campbell, Finance Dakin brings deep knowledge and a wealth of sources in finance. He has already started to ...

The prescient investor who appears to hold a crystal ball or have a healthy stomach for risk is always a compelling character to write about. These are the Josh Kushners, Peter Thiels and Masayoshi Sons of the world. Love ’em or hate ’em, they’re interesting.At this point of the AI cycle, ...

For companies debating which AI server chips to use in their data centers, Amazon appears to have one advantage over Nvidia: price.The cost of using Amazon’s Inferentia2 and Trainium’s second generation chips to run existing AI models, known as inference, can be 80% lower than Nvidia’s H100 ...

As OpenAI and Anthropic build up their teams of enterprise salespeople, they’ve both been hiring from one of the deepest pools of enterprise software talent anywhere: Salesforce. More than 45 Salesforce employees have joined Anthropic since the start of this year, and close to 40 have joined ...

Microsoft is considering adding Chinese AI developer DeepSeek’s V4 as a cheaper model option for powering the Copilot Cowork AI assistant, Axios reported. The U.S. tech giant is exploring a Microsoft-hosted version of DeepSeek V4, or another open-source model, as a cheaper alternative to Anthropic and OpenAI models that are currently powering Copilot Cowork, according to Axios. Microsoft plans

Investing in AI really is not for the faint of heart. Leaving aside all the worries about risks of huge investments in data centers and the uncertainties about demand, there’s also the unpredictable government moves that can upend things. Case in point: the Trump administration’s warnings to ...

OpenAI burned through $3.7 billion in the first quarter, more than half its $5.7 billion in revenue, according to documents the company shared with shareholders. Both cash burn and revenue tripled from the same period the previous year, signaling how even with strong AI demand, making money from ...

The U.S. government’s latest battle with Anthropic has revived long-simmering concerns throughout the AI industry that the White House has placed a bullseye on their reliance on foreign AI talent. The Trump administration appears to have targeted only Anthropic so far, warning the company on ...

The $12 billion valuation that Cyera snagged in a $600 million fundraise announced last week shows how hungry investors were for the cybersecurity startup’s AI-focused pitch. The five-year-old startup sells software that can protect companies’ data from hackers equipped with increasingly ...

As AI spending has eaten into corporate budgets, generating concern over rising costs at Fortune 500 firms from Uber to ServiceNow and Snowflake, some companies are beginning to throttle employees’ usage.The latest is AT&T, which has begun limiting some employees’ access to Microsoft’s Github ...

Snap on Tuesday unveiled the latest version of its augmented reality glasses, Specs, as it tries to catch up to similar products from Meta Platforms and Google. The device, which will cost $2,195, will offer features like real-time translation, web browsing and video recording, and it will have a four-hour battery life. While Snap has been working on AR glasses for more than a decade, these

Remember the last time Anthropic tussled with the Trump administration, all the way back in February, when a coterie of competing AI researchers and CEOs (even Sam Altman!) quickly came to Anthropic’s defense?That doesn’t seem to be happening this time. In the wake of Trump officials’ Friday ...