OpenAI appears to be headed into conflict with another big name partner, Apple. The AI startup is considering legal action against Apple over breach of contract related to the ChatGPT integration deal it announced with Apple two years ago, said an OpenAI employee familiar with the matter. The AI ...

Steve Fisher, president and chief product officer at Salesforce, has stepped down and moved into an advisory role at the company, he announced on LinkedIn. Fisher, one of Salesforce’s longest-tenured technical executives, went to high school with Marc Benioff and remains one of the Salesforce CEO’s closest associates. After joining Salesforce in 2004, Fisher led the company’s efforts to move

Joshua Kushner’s investment firm Thrive Capital has bought roughly $100 million in Shopify shares, Bloomberg reported Thursday, framing the move as a bet on how AI will lead to gains in e-commerce. While Thrive is best known for its startup investments, it has also previously made bets on other publicly traded companies including Figma, Carvana and StubHub. Thrive is also an investor in

Anthropic customers are already feeling pinched by the company’s AI price hikes, Aaron and I reported Wednesday. Making matters harder, Anthropic customers like PagerDuty and ServiceNow—which says it already blew through its full-year budget for Anthropic AI tools—can’t predict what they’ll pay ...

Call it the SpaceXAI exodus. More than 50 researchers and engineers working on xAI’s Grok models have left the AI lab since SpaceX acquired it in February, through layoffs, firings and voluntary departures, according to several people with knowledge of the moves. These departures come on top of ...

The three largest U.S. mobile carriers said Thursday they’re forming a joint venture that will work together to bring direct-to-device service to customers in remote areas and help eliminate dead spots in coverage. AT&T, Verizon and T-Mobile said they have an “agreement in principle” to pool mobile spectrum and “help satellite providers reach more customers through a unified platform.”

Lawyers for Elon Musk and OpenAI are set today to deliver closing arguments in their trial, which centers on Musk’s allegations that OpenAI breached a charitable trust, in part by violating its charitable mission. The two sides disagree on almost everything in the case, but one phrase is likely ...

AI chip designer Cerebras Systems priced its initial public offering at $185 a share Wednesday night, well above its initial expectation of between $115 and $125. The IPO price values Cerebras at $56 billion taking into account all outstanding options and warrants. Cerebras sold 30 million shares in the offering, up slightly from the 28 million originally planned, and underwriters have an

Over the last decade, there were times when Cerebras investors could be forgiven for losing hope. The company, which was attempting the difficult and expensive task of developing an alternative to Nvidia’s graphics processing units, didn’t deliver its first chips until five years into its ...

U.S. Treasury Secretary Scott Bessent said in an interview with CNBC that the U.S. and China will discuss “AI guardrails” during President Donald Trump’s state visit to China this week. “We are gonna set up a protocol in terms of how do we go forward with best practices for AI to make sure non-state actors don’t get a hold of these models,” Bessent told CNBC Thursday in Beijing on the

Chinese Premier Li Qiang met with more than a dozen American executives on Thursday in Beijing, telling tech and corporate leaders that the U.S. and China “can and should continue to be friends, partners.” The meeting with Li, China’s No.2 official, is part of a series of activities in President Donald Trump’s high-stakes state visit to China. Tim Cook of Apple, Jensen Huang of Nvidia, Dina

The U.S. Commerce Department has cleared Nvidia’s sales of its H200 chips to around 10 Chinese companies including Alibaba, Tencent, ByteDance and JD.com, as Washington eases its restrictions on AI chip exports to China, Reuters reported. Washington also approved H200 sales to some Chinese distributors of Nvidia chips, such as Lenovo and Foxconn, according to the report. With the Commerce

Remember Bard? It was the original name of Google’s AI chatbot, but the Gemini brand long ago replaced it. Just as you’ve likely forgotten that history, you’re not likely to remember Rufus in 12 months’ time, either. Rufus, the name of Amazon’s AI-powered shopping chatbot, got tossed on ...

Cisco Systems reported revenue grew 12% to $15.8 billion in its April quarter compared to last year—up 2% from last quarter—and forecast 14% growth for its current quarter. On an earnings call, Cisco executives said the acceleration stems from major cloud providers ordering more networking switches and custom chips to meet increasing demand for AI services from their customers. The networking

Microsoft estimates it will have spent more than $100 billion on commercial agreements with OpenAI by the end of its fiscal year in June, executive Michael Wetter testified in court on Wednesday. That number includes the $13 billion Microsoft invested in OpenAI, as well as the costs of building and running infrastructure—including new data centers—for OpenAI to train and run its models. The

Anthropic’s new version of its Mythos AI showed “notable capability jumps” at finding and exploiting undiscovered software vulnerabilities compared to an earlier version of the model, researchers at the U.K.’s AI Security Institute said Wednesday. Anthropic has not released Mythos widely because of fears that it could be used for cyberattacks. Instead, the AI firm shared it with a select group

Modal, a startup that rents out Nvidia graphics processing units and software to help developers run and train models as well as agents, is in talks to raise money at around a $4.5 billion valuation. That would be an 80% premium to its last valuation from just a few months ago, according to two ...

Apple is exploring ways to better incorporate AI agents into its App Store so it can benefit from the tech industry’s hottest trend while ensuring that the software in its store continues to play by its rules, according to people briefed on the matter. So far, the widespread embrace of agentic ...

Enhanced geothermal energy pioneer Fervo Energy raised nearly $2 billion in an initial public offering, giving it the financial firepower to grow aggressively and compete with natural gas to power AI data centers. Fervo is a leader in one of the hottest sectors in energy. The company deploys the same fracking techniques used to drill for natural gas but instead injects water and captures

This is a critical week for the crypto industry. The most important crypto law ever to hit Congress is about to take a big step forward, and with the crypto market in the doldrums, the timing couldn’t be better.This could be the last chance for the long-delayed bill to become law, as vacations ...