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Amazon could face billions in fines as the FTC eyes its ad business

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Amazon’s advertising business has become its quiet money machine. It may also be its next big regulatory headache. The US Federal Trade Commission has drafted a potential complaint accusing Amazon of misleading advertisers, a case that could lead to billions of dollars in civil penalties, Bloomberg reported on 16 June, citing people familiar with the […]

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Microsoft’s talks to lease Oracle cloud capacity have collapsed, report says

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A reported deal worth more than $3bn fell apart over a US-government security framework Oracle was unwilling to add, according to Business Insider. Oracle calls the account inaccurate. The story of the AI build-out is usually one of companies signing for more capacity than anyone thought possible. This is the rarer version: a deal that […]

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Intel pushes 18A-P into risk production to prove its manufacturing pitch

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Intel said on Tuesday that the next iteration of its 18A manufacturing process, designated 18A-P, has entered risk production, the stage at which a chipmaker runs the process on real hardware to prove it works before committing to mass volumes. The announcement is less about a single chip than about a promise Intel has spent […]

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Claude earns more revenue per user than ChatGPT, Sensor Tower finds

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OpenAI still rules AI by sheer size, but it is no longer running away with it. ChatGPT’s apps crossed 1 billion monthly users last month, the fastest any app has reached the milestone, according to Sensor Tower’s State of AI report. Yet on the metric that pays the bills, OpenAI is losing: Anthropic’s Claude now […]

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SpaceX overtakes Amazon as its post-IPO rally rolls on

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SpaceX is now worth more than Amazon, at least for as long as the rally holds. Shares of the rocket company rose more than 10% on Tuesday, extending a run that began at its market debut and putting it on course to become the world’s fifth most valuable listed company, four trading days after it […]

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AlphaGo’s David Silver puts his superintelligence bet on Google Cloud

Business, Digital Marketing, Google, Next Featured, SEO Tips, Technology /

Ineffable Intelligence, the London startup founded by the DeepMind researcher behind AlphaGo, has named Google Cloud as the infrastructure partner for its frontier AI lab. The deal, announced at Google Cloud’s London summit on 16 June, gives a company with grand ambitions and no product the computing scale its founder says the work demands. The founder […]

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Anthropic lawsuit says it oversold the usage on its $200 Claude Max plans

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An Anthropic lawsuit filed in California this week accuses the AI company of overselling its priciest Claude subscriptions. The complaint, brought by Washington, D.C. customer Karl Kahn, claims Anthropic’s “Max 5x” ($100 a month) and “Max 20x” ($200 a month) plans deliver far less usage than advertised, and asks a court to make the company […]

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