Intel plans to ship a new AI chip by the end of this year, betting that a cheaper, simpler processor can give it a new foothold in a market dominated by Nvidia, according to a Financial Times interview with Kevork Kechichian, who leads Intel’s data centre group. The chip, code-named Crescent Island, is built for inference, the work of running AI models, according to the newspaper. Inference is

The U.S. Commerce Department issued guidance on Sunday saying Chinese companies still need licences to buy advanced US AI chips, even when they try to do it through an overseas offshoot. The move shuts a potential workaround that let Chinese firms source powerful US AI chips through their foreign subsidiaries, a gap that may have stayed open for nearly to a year. During that window, some of

Two months after Microsoft’s conscious uncoupling from OpenAI, Microsoft wants to prove it’s thriving as an AI provider that doesn’t have to rely on the ChatGPT maker’s technology.Microsoft’s annual Build conference for roughly 2,500 app developers, which kicks off Tuesday in San Francisco, will ...

Anthropic reduced the list of secondary markets it says aren’t authorized to buy or sell its shares, scaling back guidance that had prompted confusion. The company revised guidance on its website about unauthorized stock sales to list four explicitly barred platforms, half the number in an earlier update in May. Anthropic in both versions said any sale or transfer of its stock offered by

AI researchers may have the hottest job in tech, but forward-deployed engineers who put the AI to good use are becoming indispensable too. The military-inspired job title, which Palantir began using in the context of business software more than a decade ago, has spread to all corners of the ...

SoftBank Group announced a commitment to develop and operate five gigawatts of AI data center capacity in France, with an investment of up to 75 billion euros, or about $87.5 billion. The commitment is SoftBank’s largest AI infrastructure investment to date in Europe, the company said on Saturday. SoftBank said its plans leverage strategic advantages for France including advanced grid

The U.S. Space Force awarded a $4.16 billion contract to SpaceX as part of a program to deploy space-based sensors to track and target airborne threats. The deal for the Space-Based Airborne Moving Target Indicator program, announced Friday, highlights the increasingly important government relationship with SpaceX, which is preparing for what’s expected to be the biggest initial public

Welcome, Weekenders! In this newsletter:• The Big Read:Can OpenAI’s revenue chiefcatch Anthropic in enterprise tech?•Plus, Recommendations—our weekly pop culture picks: “Deep Cover: The Family Man,” “1873” and “Legends”On Tuesday, I dropped in at JPMorgan Chase’s glitzy new Midtown headquarters ...

Before former Slack CEO Denise Dresser joined OpenAI in December as its chief revenue officer, the company’s efforts to sell its products to business customers were sometimes clunky. Earlier in 2025, for example, the company had struck an agreement with Databricks, which would sell OpenAI ...

Meta Platforms plans to start testing an AI pendant in the next year as part of an ambitious roadmap for wearable devices aimed at reversing the huge losses in its hardware division. An internal memo describing the roadmap, reviewed by The Information, also lays out plans to significantly expand its selection of AI glasses and to add a business-focused service called “Wearables for Work.”

Meta Platformsplans to start testing an AI pendant in the next year as part of an ambitious roadmap for wearable devices aimed at reversing the huge losses in its hardware division. An internal memo describing the roadmap, reviewed by The Information, also lays out plans to significantly expand ...

By now, you’ve probably seen the unbelievable video of Blue Origin’s New Glenn rocket exploding on its launchpad in Florida on Thursday night. On its face, Blue Origin’s pain would seem to be Elon Musk’s gain, further cementing SpaceX’s already significant lead in the space business just weeks ...

TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure. The new AI chip is intended to have a structure similar to U.S. chip designer Groq’s language processing units, which are built to run AI ...

Jeff Bezos’ space company Blue Origin suffered a serious setback Thursday evening when its New Glenn rocket exploded on a launch pad in Florida during a test. Video clips of the incident show a giant fireball engulfing the rocket and surrounding structures. No one was on board the rocket or appeared to be injured during the “hotfire test”—during which the engines on a rocket are typically

Base Power, a three-year-old home-battery startup, is in talks to raise funds at a $12 billion valuation, according to a person with knowledge of the discussions. Ribbit Capital, which backed Base Power’s last funding round, has been in talks to lead the current round, according to two people ...

Prediction market Kalshi won approval from U.S. regulators to offer crypto trading through bitcoin perpetuals, a type of highly-leveraged derivatives product, confirming an April report by The Information. Coinbase also won a greenlight from the U.S. Commodity Futures Trading Commission to connect its U.S. users to trade crypto perpetual futures and options globally. Crypto

Greetings! Anita here. It’s been a relatively slow week for SpaceX news, but that will soon change. Musk’s rocketship company is expected to launch its investor roadshow next week ahead of a mid-June IPO. The milestone will likely usher in a flood of giddy headlines and a lot of debate on Reddit ...

Despite fears that advanced tools from Anthropic and OpenAI would soon make legal apps like Harvey and Legora irrelevant, recent revenue milestones at those startups suggest they are doing just fine. But a fresh assault on their business is brewing: Some law firms now want to develop their own ...

Customer demand for AI is pouring jet fuel on Dell’s server, storage and networking businesses, as its overall revenue grew 88% to $43.8 billion during its April quarter compared to last year, beating its earlier forecast by more than $8 billion. Excluding items, Dell reported earnings per share of $4.86, compared to its earlier forecast of $2.90 per share. Dell raised its full-year projection

Microsoft, Databricks, SAP and other AI software providers are fighting over control and access to enterprise data known as the semantic layer, as we reported last week.Semantic layers are essentially a data management tool that companies use to standardize definitions for their business ...