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Amazon puts up to $25 billion more into Anthropic and secures 10-year cloud commitment in return

The deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $30 billion. The arrangement locks Anthropic into AWS’s Trainium chips through Trainium4 and secures up to 5 gigawatts of compute capacity for Claude. Amazon has agreed to […]

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Tim Cook is stepping down as Apple CEO after nearly 15 years, with hardware chief John Ternus taking over

Summary: Tim Cook is stepping down as Apple CEO on 1 September after nearly 15 years, during which Apple’s market capitalisation grew from $348 billion to roughly $4 trillion and annual revenue quadrupled to $416 billion. John Ternus, the 50-year-old SVP of hardware engineering who oversees roughly 80% of Apple’s revenue-generating products, will become the […]

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Tim Cook is stepping down as Apple CEO after nearly 15 years, with hardware chief John Ternus taking over Read More »

WhatsApp is testing a paid subscription at EUR 2.49 per month as Meta rolls out premium tiers across its apps

Summary: WhatsApp has begun testing a paid consumer subscription called WhatsApp Plus at approximately EUR 2.49 per month, offering cosmetic upgrades including 18 chat themes, custom icons, exclusive ringtones, and expanded pinned chats, following Instagram Plus which launched in three markets on 30 March. The subscriptions represent Meta’s first simultaneous consumer-facing paid tiers across its […]

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Google is building a four-partner chip supply chain to challenge Nvidia in AI inference

Summary: Google is building the AI industry’s most diversified custom chip supply chain, with four design partners (Broadcom, MediaTek, Marvell, Intel) and a roadmap stretching from the Ironwood TPU now shipping in the millions to TPU v8 chips at TSMC 2nm in late 2027. The strategy, detailed ahead of Google Cloud Next, splits the next […]

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Musk fails to appear before Paris prosecutors investigating Grok’s generation of child sexual images

Summary: Elon Musk failed to appear for a voluntary interview with Paris prosecutors investigating Grok’s generation of an estimated 23,000 sexualised images of children and 3 million sexualised images overall over an 11-day period, as the US DOJ refused to assist the French probe. The case, which covers five suspected criminal offences including complicity in […]

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AirTrunk acquires Lumina CloudInfra to enter India with 600MW of planned capacity

The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific data centre platform a foothold in India’s hyperscale market without a third-party acquisition. Terms were not disclosed. AirTrunk, […]

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A humanoid robot passed an eight-hour factory shift at Siemens’ Erlangen plant

Siemens, Nvidia, and UK robotics startup Humanoid have successfully deployed an AI-powered wheeled humanoid robot in live logistics operations at a Siemens electronics factory in Germany. The HMND 01 Alpha completed over eight hours of autonomous tote-handling at 60 moves per hour with a pick-and-place success rate above 90%, and was integrated directly into Siemens’ […]

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The question AI providers hope VPs of Engineering never ask

AI coding adoption is exploding. But most engineering leaders are still measuring usage instead of outcomes. That creates a costly blind spot. There is a question that nobody in the AI industry wants you to ask. Not OpenAI. Not Anthropic. Not Google. Not the dozens of startups selling AI coding agents to your engineering team. […]

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ASIC joins global regulators monitoring Anthropic’s Mythos AI for banking system risks

Australia’s markets regulator has publicly confirmed it is watching the development of Anthropic’s Mythos model alongside peer regulators worldwide, adding to a rapidly expanding international regulatory response that began with the Bank of England, the US Federal Reserve, and the Treasury Department. ECB President Lagarde has warned no governance framework is yet in place. The […]

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Australia’s NEXTDC launches A$2.2 billion capital plan

The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billion. The raise will fund accelerated development of the S4 Western Sydney campus, where contracted […]

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