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Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each in what will be the largest IPO in history. Anthropic has filed at […]
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Mustafa Suleyman has identified Microsoft’s biggest AI competitor, and it is not OpenAI. “Anthropic is extremely expensive and I think many people are urgently looking for alternatives,” the head of Microsoft’s in-house model effort told Bloomberg in an interview. The statement is more than competitive positioning. It is a declaration of intent. “We pay a lot of […]
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Microsoft’s AI chief says the company wants to “eliminate” what it pays Anthropic Read More »
The pitch deck for every AI sales tool tells the same story: more signals, better insights, smarter forecasting. What they leave out is that most of those insights end up ignored. Reps drown in dashboards. CRM records go stale. The deal that should have closed last week slips because nobody acted on the intent signal […]
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When the Trump administration sanctioned the International Criminal Court’s top prosecutor earlier this year, Microsoft cancelled his email account. The incident was brief and bureaucratic. It was also, for European policymakers, clarifying. If a single American company could cut off a senior international official’s communications at the stroke of a pen, what else could be […]
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Europe wants to make sure no one has a kill switch over its technology Read More »
Artificial Intelligence is entering the late stage of its hype cycle. Not a collapse. A correction. For the past two years, AI has dominated venture capital flows, with capital pouring into the sector at unprecedented scale and startups multiplying rapidly as funding concentrates around AI-driven businesses. What began as acceleration has now started to show the […]
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The AI hype cycle will slow down. What’s next decides the winners Read More »
AI has made writing code faster than ever. The harder work is understanding a system and changing it without breaking it. That has not gotten cheaper, and it now decides how much you can hand to a machine. Introduction In 1987, in an essay called “No Silver Bullet,” Fred Brooks predicted that no tool or […]
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Complexity is the ceiling: software design in the age of AI coding Read More »
The most consequential line in Intel’s Computex announcement was not about a chip. It was about a ratio. As AI workloads move from training to inference, the company argued, the long-standing arrangement of four GPUs to every CPU collapses towards something closer to one to one, and the processor Intel actually sells well moves back […]
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Foxconn and Intel join SambaNova to build rackscale AI infrastructure Read More »
The public markets have been asked whether they believe in AI, and they have answered with $85 billion. Alphabet’s record-shattering equity offering, which priced on 2 June, is not just the largest stock sale in tech history. It is the largest equity offering of any kind, in any industry, ever. The company had initially planned to […]
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Alphabet just raised $85 billion for AI, smashing the largest equity offering in history Read More »
No phishing link. No malware. No SIM swap. Hackers took over high-profile Instagram accounts over the weekend by doing something disarmingly simple: they asked Meta’s AI customer support chatbot to change the email address on someone else’s account. The bot complied without verifying the requester’s identity, and the attacker then reset the password and locked out the […]
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Hackers asked Meta’s AI chatbot to hand over Instagram accounts, and it did Read More »
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also working on the deal, Bloomberg reported on Tuesday. The Claude developer is weighing going public as soon as October after filing confidentially for a listing on Monday. More banks could be added to the lineup, and details of […]
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