Amazon’s yearslong effort to build a serious alternative to Nvidia’s dominant AI chips is starting to gain traction. Anthropic and OpenAI, which have struck multibillion-dollar investment and infrastructure deals with Amazon, have already committed to renting large amounts of current and future ...

Chipmaker Analog Devices is in advanced talks to buy startup Empower Semiconductor for about $1.5 billion, in a deal that reflects demand for technology that can manage the intense energy needs of AI chips, The Information reported Monday . A deal could be announced as soon as this Wednesday, when the $200 billion market cap Analog Devices is set to report its quarterly results. The

Lisa Su, Chair and CEO of Advanced Micro Devices, met with Chinese Vice Premier He Lifeng in Beijing on Monday, two days after U.S. President Donald Trump wrapped up his state visit to China. He, China’s No.1 official in charge of economy and trade, said multinational companies, including AMD, are welcome to “seize China’s development opportunities and deepen mutually beneficial cooperation,”

Chipmaker Analog Devices is in advanced talks to buy startup Empower Semiconductor for about $1.5 billion, in a deal that reflects demand for technology that can manage the intense energy needs of AI chips, according to people familiar with the discussion. The acquisition of the 12-year-old ...

Google and Blackstone are creating a cloud computing company that will rent out Google’s tensor processing units to artificial intelligence developers, according to a person with direct knowledge. Google has been pushing for many months to expand the reach of its TPUs, in an effort to compete more directly with Nvidia’s graphics processing units. The Information previously reported that

Meta Platforms is making broader organizational changes along with impending mass layoffs to better suit its structure to AI, a top executive told staff on Monday. The owner of Facebook and Instagram plans to detail cuts on Wednesday to about a tenth of its nearly 78,000 employees. As company leaders worked on those plans, many of them “incorporated AI native design principles into their new

Elon Musk’s big week isn’t starting out too well. Firstly, the all-important test launch of Starship got delayed by a day. Meanwhile, news broke that a worker died on Friday at SpaceX’s Starbase complex in Texas, where the rocket will launch.Separately, Musk on Monday lost the lawsuit against ...

Shares in Seagate Technology, which makes hard disk drives for data storage, fell 7% Monday after CEO William Mosley suggested the company was more focused on increasing capacity on its individual hard drives than “building new factories or bringing up new machines that would just take too long.” Building more factories would divert resources away from those technological innovations, potentially

Uber lifted its stake in Germany-based food delivery firm Delivery Hero to 19.5%, with options to go to 25%, a sign the ride-hailing and delivery firm may be contemplating expanding further in Europe. Uber told a German regulator it “currently…has no intent” of buying more than 30% of Delivery Hero’s shares. The investment cost Uber about $1.8 billion. Uber had spent $300 million to buy a

Jurors rejected Elon Musk’s claims against OpenAI, delivering a major victory to CEO Sam Altman in Silicon Valley’s biggest grudge match. Judge Yvonne Gonzalez Rogers agreed with the jury’s decision on Monday that Musk waited too long to bring his lawsuit. The decision came after just two hours ...

Jurors rejected Elon Musk’s claims against OpenAI, delivering a major victory to CEO Sam Altman in Silicon Valley’s biggest grudge match. Judge Yvonne Gonzalez Rogers agreed with the jury’s decision. The nine-member jury’s decision on Monday, following three weeks of testimony and legal arguments, came after just two hours of deliberation. Musk, who co-founded OpenAI with Altman and Brockman

Anthropic announced on Monday that it has acquired developer tools startup Stainless, confirming an earlier report from The Information. The model maker did not disclose any terms of the deal, but The Information had previously reported it was in talks to acquire Stainless for at least $300 million. The majority of Stainless’ employees, including its CEO Alex Rattray, are joining Anthropic

Good morning, Anissa here!The AI boom requires an enormous amount of new power plants, chips and data centers. But it also requires something that’s less visible: new financial plumbing that makes it possible to lend against this costly hardware.Miami fintech startup Barkr is one of the firms ...

Nvidia might be on a tear, but some investors are still convinced that there’s demand for another kind of specialized chips. And they’re putting their money where their mouth is.For example: San Jose, Calif.-based SiMa.ai, which develops chips that work on devices such as drones or cameras, is ...

No part of Microsoft better illustrates its predicament in AI than GitHub. The AI boom has boosted usage and revenue of the code repository as well as GitHub Copilot, an AI coding assistant. But GitHub has struggled to respond to new AI coding competitors that have since overtaken it. And the ...

Chinese personal computer and server maker Lenovo Group said in an internal memo to staff last week that there have been no new licenses or policies regarding Nvidia’s H200 chips since March, when Washington approved the sales of the chips to some Chinese companies. Last week, Reuters and other media outlets reported that the U.S. Commerce Department had approved Nvidia’s sales of its H200

Everlane, a San Francisco-based startup that soared during the last decade’s e-commerce boom, will sell itself to Shein, a Chinese discount e-retail giant. The deal values Shein at $100 million, a far cry from the valuations that Everlane received at its height. Everlane was among a group of high-flying startups like Allbirds that had great luck winning over customers in the 2010s but have

This should be an action-packed week in tech news, what with Nvidia’s first-quarter earnings, Google’s annual I/O developer conference and Meta Platforms’ scheduled layoffs of 8,000 employees. But it is Elon Musk who has the biggest week coming up.For one thing, the first test launch of SpaceX’s ...

Bill Gates’ charitable trust has sold all of its Microsoft stock and no longer owns any shares in the company, it disclosed Friday. The Gates Foundation Trust reported that it had sold around $3 billion worth of Microsoft stock in the first quarter of 2026. Gates, who is the sole trustee of the fund, is the latest major shareholder to dump his Microsoft position. The company’s stock is down

Anthropic and OpenAI are widening the revenue gap between themselves and the rest of the AI startup field. A group of 34 leading startups in that sector, including Anthropic and OpenAI, is generating nearly $80 billion in annualized revenue, or $6.6 billion per month, from selling AI ...