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Anthropic ends discounts once tokens run out, The Information reports

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Anthropic ends enterprise customers’ discounts once they use up the tokens covered by their contracts, The Information reported on Monday. OpenAI takes a more flexible approach, the report said. Kevin McLaughlin of The Information spoke to software company managers who buy from both AI companies. When Anthropic customers hit their contracted token volume, they must […]

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Anthropic releases Claude Sonnet 5.5 with the cyber limits it reserved for its best models

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Anthropic has released Claude Sonnet 5.5, which scores 70.6% on the Terminal-Bench 4.0 agentic coding test against 10.3% for Sonnet 5 and 66.4% for the more expensive Opus 5.5. It is the first Sonnet to ship with frontier-style cyber safeguards and with classifiers that block reasoning extraction. Anthropic has released Claude Sonnet 5.5, which it […]

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Nvidia adds a record $150bn to its share buyback

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Nvidia’s board has approved an extra $150bn for share buybacks, the company said on Monday. That lifts the total remaining authorisation to $235bn, which Nvidia expects to use through fiscal year 2028. Nvidia called it the largest increase to a share repurchase authorisation in history. “This authorization reflects our confidence in the long-term opportunity ahead,” […]

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Meta hires MongoDB CEO CJ Desai to sell its AI to businesses

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Meta has launched a division to sell its AI tools to businesses, Mark Zuckerberg said on X on Monday. MongoDB chief executive Chirantan “CJ” Desai will run it. “Today we are starting the next major pillar of our business, Meta Enterprise Platform,” Zuckerberg wrote. The unit will first offer Meta’s full technology stack to businesses […]

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Instinct raised $1B at $10B for an AI agent that rings restaurants on its own phone

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Instinct has raised $1B at a $10B valuation from Sequoia, Benchmark and Coatue for a personal AI agent that books trips, orders groceries and telephones businesses using its own phone. Since 2 August, Article 50 of the EU AI Act has required systems that interact directly with people to tell them they are dealing with […]

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Volkswagen’s Canadian battery plant slips to 2029, while its German one is already running

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Volkswagen’s battery subsidiary PowerCo has delayed its Ontario plant by two years to 2029, and the ID Buzz will skip another American model year. Its Salzgitter plant in Germany has been making cells since December and supplies a new assembly line at SEAT’s Martorell site in Spain. Volkswagen’s battery subsidiary PowerCo has delayed its Ontario […]

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Nio sells a 30% stake in its battery swapping arm to Geely

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Nio has agreed to sell a 30% stake in its battery swapping business, Nio Power, to Zhejiang Geely Holding Group, the company said on Monday. The two Chinese carmakers will also share technology and standards and build a joint service network. Geely Holding will pay with its whole battery swapping unit, Yiyi Power, plus 640 […]

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Walmart won’t hike prices based on your shopping history, CEO says

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Walmart says it won’t change product prices based on your personal information or the time of day, as reported earlier by The Wall Street Journal. In a letter to customers, Walmart CEO John Furner writes that the company’s switch to digital shelf labels is meant to save store associates time, rather than dynamically change prices. […]

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Chery built the first diesel plug-in hybrid pickup, and measures its electric range on NEDC

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Chery has built the world’s first diesel plug-in hybrid pickup, the Stockman, developed for Australia rather than China, with a 2.5-litre turbo-diesel, a 34 kWh battery and a claimed 100 km of electric range on the NEDC cycle. Volvo invented the diesel plug-in hybrid and stopped building it in 2018, the year Europe retired that […]

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