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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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SpaceX overtakes Amazon as its post-IPO rally rolls on Read More »
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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AlphaGo’s David Silver puts his superintelligence bet on Google Cloud Read More »
Anthropic Is Still at Odds With the White House Over Claude Fable 5 Read More »
Meta CTO Andrew Bosworth Admits the Company’s AI Reorg Was ‘Atrocious’ Read More »
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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Anthropic lawsuit says it oversold the usage on its $200 Claude Max plans Read More »
Skydio CEO Adam Bry on why Silicon Valley shouldn’t draw red lines for drone use Read More »
Fox acquires Roku in a $22bn deal that drags the cable-reliant broadcaster squarely into streaming. Fox Corporation will pay $160 a share, in cash and stock, for the maker of the streaming sticks and smart TVs sitting in more than 100 million households worldwide, the companies said on Monday. The structure is $96 in cash […]
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Fox acquires Roku for $22bn to plant its flag in streaming’s front door Read More »
Fox is buying Roku Read More »
Razorpay, the Bengaluru payments company, has filed draft papers for an initial public offering through India’s confidential route, according to people familiar with the matter. The filing moves one of the country’s larger fintech firms a step closer to the public markets, without yet putting its financials on public display. The confidential mechanism, which Indian […]
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India’s Razorpay files for IPO through the confidential route Read More »
Schneider Electric has announced a strategic collaboration with Hon Hai Technology Group, better known as Foxconn, to design and scale the next generation of AI data centres. The deal, announced on 15 June, pairs the French energy-management group with the world’s largest contract electronics manufacturer. The division of labour follows the two companies’ respective strengths. Foxconn […]
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Schneider Electric and Foxconn partner on AI data-centre infrastructure Read More »