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Apple’s lawsuit is already hurting OpenAI, long before a verdict

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Apple’s lawsuit against OpenAI may not reach a courtroom for years. It is already doing damage. When Apple sued OpenAI on Friday for stealing hardware trade secrets, the attention went to the lurid detail. There were “show and tell” interviews and an engineer who kept his work laptop. One even texted a colleague: “LOL, I […]

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‘Scam Altman’: inside Musk and Altman’s weekend war on X

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Elon Musk lost his case against Sam Altman in court. This weekend, he tried to win it back on X, one insult at a time. The two men who founded OpenAI spent the weekend calling each other frauds in public. It played out on X, in real time, in front of millions. By the end […]

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Shein is set for its Hong Kong listing hearing on Thursday

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Shein is scheduled to face the Hong Kong stock exchange’s listing committee on Thursday, Reuters reported on Monday, citing people familiar with the matter. It is the final procedural gate before the fast-fashion group, which has spent three years and two continents trying to go public, can actually price a deal. The hearing follows approval from the […]

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TCS bets on 8,900 AI deployment engineers to defend India’s IT services model

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Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition targets in AI and cybersecurity, chief executive K Krithivasan said. The move is India’s largest IT firm answering the question that has hung over the sector since the arrival of agentic AI in enterprise stacks, […]

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TSMC breaks ground on more advanced packaging fabs in Chiayi

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TSMC will build additional advanced packaging fabs in the second phase of the Chiayi Science Park in southern Taiwan, National Science and Technology Council minister Wu Cheng-wen said at a groundbreaking ceremony on Sunday. Packaging is where the AI supply chain currently pinches, and it is the same constraint that Nvidia’s multi-year HBM4 deal with SK Hynix […]

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Netflix is reportedly considering always-on channels and bundles, which is to say, cable

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Netflix executives have reportedly discussed adding always-on live channels to the service. The channels would run genre-based programming around the clock, all comedies or all action films, according to a Wall Street Journal report relayed by The Verge. They have also discussed folding rival streaming subscriptions into Netflix itself. Peacock was named specifically, appearing as a […]

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Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.

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Meta has had a miserable year on the market, flat while the Nasdaq-100 climbed 18%. That changed abruptly, with the stock posting its best week since early 2024, CNBC reports. Shares rose about 6% on Friday and roughly 15% across the week. The move was not driven by advertising, the business that actually makes Meta’s money. […]

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Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back. Read More »

The AI race has quietly stopped being about who has the biggest model

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For years the industry ran on one assumption, that the biggest model wins. That belief is now breaking down, CNBC reports. Companies are choosing models by task, cost, and control instead of benchmark position. The frontier still matters, but it is no longer the only thing being bought. The reason is unromantic. At enterprise scale, model […]

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AI bosses say demand is ‘almost unlimited’. The market is no longer taking their word for it.

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Executives building the AI boom are unwavering. Demand is effectively bottomless, they say, even as the stocks that ride on it wobble, CNBC reports. Pat Gelsinger, the former Intel chief now at Playground Global, put it plainly. He thinks of AI demand as almost unlimited, with energy availability “the only real limiter”. The order books support […]

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AI bosses say demand is ‘almost unlimited’. The market is no longer taking their word for it. Read More »

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