Anthropic is facing growing competition and customer skepticism over the lofty prices of AI tools. But the dominance of its blockbuster Claude Code product is proving hard to shake. Companies moved en masse to Claude Code between the end of 2025 and the early months of 2026, in many cases ...

OpenAI and Anthropic are arch enemies whose leaders can’t stand each other. But the two foes have formed an unholy alliance in Washington in the interest of self-preservation.With the Trump administration set to finalize its framework for regulating and evaluating “frontier models” by August 1, ...

Beijing-based startup Moonshot AI, flush from the breakout success of its recently released model, Kimi K3, is already discussing plans for Kimi K4, which would be significantly larger in size than K3, according to two people with knowledge of the matter. There’s just one problem: To train that ...

Meta Platforms is bringing in BlackRock to take over much of the financing for its El Paso, Texas, data center campus, the companies announced on Tuesday. The joint venture underscores how big technology companies are increasingly relying on a combination of external financing, such as private infrastructure funds and debt, as well as their own capital to fund rapid AI infrastructure build-outs.

Talk about a nervous market! Shares of Nvidia fell 5% on Monday on news of a $500 billion partnership the AI chip giant struck with South Korean conglomerate SK Group, along with a Wall Street Journal report that Nvidia was separately in talks to help OpenAI finance a $500 billion data center ...

Shares of Dutch company ASML, which produces chipmaking tools, dropped after The Information reported that a Chinese state-backed company is mass-producing important chip manufacturing equipment for the first time. ASML’s shares slid as much as 6.6% and ended the day down about 5%. The equipment—immersion deep ultraviolet lithography machines—is key to China’s drive to stop relying so much

The Trump administration is close to finalizing its voluntary framework for AI companies to submit their most advanced models to the government before releasing them to the public, according to three people familiar with the matter. The White House’s Office of the National Cyber Director ...

Finally, there’s good news for Nvidia customers who have been contending with more and more difficulties getting data centers up and running: Nvidia’s next-generation chips probably won’t be one of them.That’s according to several executives at cloud providers that purchase Nvidia AI servers. ...

Microsoft on Monday announced a new AI security product called Project Perception, powered by new homegrown AI models specialized for cybersecurity tasks. Microsoft framed the product as a cheaper alternative to Anthropic’s Mythos model, which similarly uses AI models to automatically find vulnerabilities in software. The new product reflects Microsoft’s efforts to cash in on rising

Amazon asked the Federal Communications Commission for approval to create a direct-to-device satellite service globally, in a step towards expanding the goals of its burgeoning Leo satellite business. Amazon Leo became a player in the satellite mobile cell service earlier this year when it agreed to acquire Globalstar, which specializes in satellite cell service. Previously, Leo has focused on

China’s Ministry of Commerce on Monday struck back against Washington’s recent accusations that Chinese AI firms are stealing U.S. intellectual property by distilling American AI models, saying the claim has no factual basis or legal support. “China has always opposed the US politicizing and weaponizing science, technology and trade issues,” the ministry’s spokesperson said. The ministry also

As robotics companies explore new ways to collect the massive volumes of data needed to train the physical AI models that will power humanoid robots, one approach is gaining steam. Some robotics companies are relying on specialized gloves that people can wear while they carry out tasks at work ...

Nvidia has made a “substantial” investment in Safe Superintelligence, a secretive AI lab cofounded by former OpenAI Chief Scientist Ilya Sutskever. The investment will allow the startup to increase its computational resources by a multiple of 10 over the next year, the companies said on Monday. The companies did not disclose the size of the investment, but the amount is in the multiple

Tesla CEO Elon Musk denied a Wall Street Journal report that Tesla was considering selling off its business in China to prepare for a merger with SpaceX. Musk said the report was “fake news” in a post on X Friday morning. The Journal reported that Tesla executives have been told to prepare for a separation of the company’s business in China ahead of a potential SpaceX merger. Tesla advisers

Anthropic said its AI models hacked into three outside organizations during testing of their cybersecurity capabilities, incidents it discovered during a review prompted by a similar episode at rival OpenAI that has fueled widespread concern about AI safety . In a blogpost Thursday, Anthropic said the direct impact of the incidents was limited, with the most significant episode involving

Coinbase reported second-quarter revenue fell 19% to $1.2 billion from a year ago, the third consecutive quarterly decline. It will renew its revenue-sharing agreement with Circle on the same terms next month, said Coinbase CEO Brian Armstrong. Coinbase is the biggest distributor of Circle’s USDC stablecoins, but it recently also joined Open Standard, a consortium backed by Stripe, Visa,

A Chinese state-backed company has begun manufacturing one of the key pieces of equipment used in chip manufacturing for the first time, a key development in Beijing’s drive to reduce its reliance on foreign technology to make chips. The Shanghai-based company is making immersion deep ...

Nvidia said it would invest $1 billion in South Korean internet giant Naver to help expand the country’s data center infrastructure. Nvidia’s investment will help finance Naver’s plans to expand the planned capacity of its AI data center from 55 megawatts to 200 megawatts. Canadian investment firm Brookfield also plans to invest up to $9 billion, according to the companies. On Monday, Naver’s

ChangXin Memory Technologies, China’s leading memory chipmaker, jumped 472% in its Shanghai trading debut on Monday, as investors bet the Chinese memory chipmaker will benefit from growing demand for AI. The opening price valued CXMT at about 3.3 trillion yuan ($487 billion), making it the largest company listed in mainland China, and the stock climbed as much as 535% in morning trading.

Get ready. We’ve got a slew of big tech earnings reports this week—from Meta Platforms, Microsoft, Amazon and Apple—that will pick up from Google’s report last week on the state of AI spending and business. PayPal is also reporting on Tuesday, so we should get some insight into the payment firm’ ...