Two months ago, my colleagues broke the news of Anduril’s latest funding round, slated to value the company at $60 billion. Andreessen Horowitz and Thrive Capital are leading the roughly $4 billion investment, according to a source with direct knowledge of the fundraising efforts. But another ...

Meta Platforms CEO Mark Zuckerberg said using employees’ computer activity to train its AI models could give the company an edge over rivals, arguing that its staff are of higher average intelligence than contractors typically used by data-labeling firms. In a company-wide meeting on Thursday, a recording of which was reviewed by The Information, Zuckerberg described internal employee activity

Apple reported revenue from its iPhone business grew nearly 22% in the March quarter from a year earlier, continuing a burst of iPhone demand for its iPhone 17 smartphones. The device brought in almost $57 billion in sales for the quarter. The broader China market has continued to rebound for Apple, jumping 28% to $20.5 billion for the quarter. The results helped Apple further shake off a

Starcloud, a two-year-old startup building orbital data centers, has told investors it’s in talks to raise at least $200 million at a valuation of around $2.2 billion after the investment, according to a person involved in the deal. The discussions come just one month after Redmond, Wash.-based ...

A UK government group that tests AI for cybersecurity capabilities says OpenAI’s latest GPT-5.5 model is roughly on par with Anthropic’s Claude Mythos model. GPT-5.5 completed a difficult corporate network attack simulation in two out of 10 attempts, while Anthropic’s unreleased Claude Mythos Preview completed the attack in three out of 10 attempts, according to the UK AI Security Institute,

Customers provideteams with feedback constantly, in the form of support tickets, survey comments, app reviews, and countless other sources. But much of this data is unstructured, making it challenging to identify patterns across hundreds or thousands of responses. In the past, making sense of ...

Reddit reported 69% growth in revenue for the first quarter, a sign that the rapid surge in its ad revenue is continuing into this year, despite little growth in one of its key groups of users. The social media site, known for its in-depth chat forums on a wide variety of topics, said ad revenue rose 74% to $625 million. Overall revenue, including data licensing fees, was $663 million.

Microsoft CEO Satya Nadella said Wednesday that a lot more people were heavily using the company’s AI-powered applications.But his company’s first quarter financial results showed the usage was dragging down profit margins in its cloud unit, prompting Microsoft to effectively boost prices.

Elon Musk said it is “partly” true that xAI, the artificial intelligence unit of his SpaceX company, has distilled OpenAI’s models in developing its own models. Musk made the comment Thursday during his second day of cross-examination in the trial of his lawsuit against OpenAI. Distillation, the process by which a “student” AI model picks up new knowledge by imitating another “teacher”

Shares of Meta Platforms dropped 8% on Thursday, as investors responded to the social media giant’s disclosure that it was raising its 2026 capital expenditure projection. Meanwhile Meta began efforts to raise another $25 billion in bonds, Bloomberg reported. Meta’s bond sale follows a $30 billion bond sale at the end of October. That sale lifted Meta’s debt to about $58.7 billion, offset by

The U.S. National Security Agency is using Anthropic’s Mythos model to find security flaws in Microsoft software, Bloomberg reported Thursday. One of the cyber intelligence agency’s primary goals is to find or exploit security vulnerabilities in computer systems. Microsoft develops the most used PC operating system and business app suite and has long been one of the biggest targets of

Amazon has disclosed new details on its recently announced investment of up to $20 billion in Anthropic. The deal will take the form of a convertible financing facility, the company said in a filing on Thursday, which Anthropic can start drawing down on once Amazon starts delivering certain compute milestones. Anthropic will receive cash in exchange for issuing convertible notes to Amazon, the

Pedestrians in downtown San Francisco are used to seeing Waymos navigating the streets. But two months ago, people in the South Park neighborhood saw something new: a Toyota Rav4 driving around with a laptop propped on the dashboard.The laptop was running a new breed of AI model, known as a “ ...

Commerce giant Shopify is seeking regulatory approvals to take a bigger role in offering financial and payments services to the millions of merchants using its software. Shopify has already secured money transmitter licenses in more than a dozen U.S. states to hold and move funds itself, and it ...

The AI era’s mega-trial delivered its first real drama, as an OpenAI lawyer sought to portray Elon Musk as resentful and double-dealing during a tense cross examination Wednesday. Bill Savitt, OpenAI’s outside counsel, and a veteran of legal combat with Musk, called into question Musk’s ...

It was the Super Bowl of quarterly tech earnings today, with March-quarter results from Google, Microsoft, Amazon and Meta Platforms. The tsunami of numbers, all released within a few minutes of each other, might overwhelm even a top AI model. But for a human, what was clear was that surging ...

Google is trying to assuage employee concern following The Information’s reporting on its deal to let the Pentagon use its AI on classified systems. “We have proudly worked with defense departments since Google’s earliest days, and we continue to believe that it’s important to support national security in a thoughtful and responsible way,” Kent Walker, Google’s president of global affairs,

Anthropic has received investment interest at a valuation above $900 billion, according to a person familiar with the matter. An investment at that level would more than double a February valuation of $380 billion. However, the company has not formally started a fundraise, said the person and a second. Bloomberg first reported that Anthropic has received investment interest and the news report

Amazon Web Services’ revenue rose 28% in the first quarter to $37.6 billion, the cloud giant’s fastest growth rate in nearly four years. Amazon’s overall net sales increased 17% to $181.5 billion in the first quarter, an acceleration in growth from 14% in the fourth quarter. Growth also accelerated in Amazon’s retail division and advertising business. Amazon forecast net sales to total between

Microsoft revenue grew 18% to $82.9 billion in the first quarter, 1 percentage point higher than its growth in the prior quarter, the company said Wednesday. Growth also slightly accelerated in its Azure cloud and Office 365 commercial businesses, which the company attributed to growing demand for AI software and the servers needed to run it. In one illustration of customer demand, Microsoft