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Anthropic accuses Alibaba of running the largest distillation campaign yet against Claude

Anthropic has accused Alibaba of waging the largest distillation campaign yet against a US AI company, telling senators and White House officials that operators linked to Alibaba’s Qwen AI lab used nearly 25,000 fraudulent accounts to extract Claude’s capabilities between April and June. The letter, a copy of which was seen by Bloomberg, described nearly […]

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Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent

Micron Technology posted fiscal third-quarter revenue of nearly $42bn, quadrupling from just over $9bn a year earlier and beating Wall Street estimates by a wide margin. The results, reported on Tuesday, confirm that the company riding the AI memory boom hardest is the one whose stock has already climbed roughly 700 percent over the past […]

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Qualcomm lands Meta as first named customer for its Dragonfly data centre chips

Qualcomm has signed Meta as the first named customer for its new Dragonfly C1000 data centre processor, the strongest signal yet that the mobile chipmaker is serious about competing in the AI infrastructure market. The company announced the deal at its investor day in New York on Wednesday, alongside a new AI300 accelerator chip and […]

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Nvidia CEO Jensen Huang says smuggled data centres are a dead end and national security comes first

Nvidia CEO Jensen Huang told shareholders on Wednesday that if a commercial opportunity conflicts with US national security, the company would prioritise American interests. “National security comes first,” Huang said in a session shortly after the company’s annual stockholder meeting concluded. Huang addressed the chip smuggling problem directly, arguing that anyone trying to build AI […]

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Deezer launches a remix tool that does not use AI and pays artists for every stream

Deezer has launched Remix Lab, a feature that lets fans remix songs directly inside the app using in-app tools rather than artificial intelligence. The feature requires the explicit consent of the original artists and rights holders, and Deezer says artists get paid for every stream of the remixed tracks. The tool is available on select […]

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Riviera Partners acquires AI startup recruiter Lateral Labs as the talent war reshapes executive search

Riviera Partners, the Insight Partners-backed executive search firm that has placed technology leaders at companies including Uber, Snowflake, Figma, and Discord, is acquiring Lateral Labs, a recruiting firm that specialises in hiring for AI startups. The deal brings Lateral Labs’ client roster, which includes Cursor, ElevenLabs, Runway, Scale AI, and Luma Labs, under the umbrella […]

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Figma adds code layers to the canvas and lets users build custom AI plugins at Config 2026

Figma used the opening keynote of its Config 2026 conference on Wednesday to unveil code layers, a feature that brings executable code directly onto the collaborative design canvas. Teams can now clone repositories and extract flows from code into design layers for testing, collapsing a handoff step that has defined the design-to-development workflow for over […]

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Ferrari replaces its marketing chief one month after the Luce EV reveal wiped billions off its stock

Ferrari is replacing its Chief Marketing and Commercial Officer Enrico Galliera, who has held the role for more than 16 years, with former BMW Italy CEO Massimiliano Di Silvestre. The change takes effect July 1 and comes exactly one month after the controversial reveal of the Luce, Ferrari’s first fully electric vehicle, which sent the […]

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Slate Auto prices its Bezos-backed EV pickup at $24,950 and opens preorders with 180,000 reservations

Slate Auto revealed Wednesday that its electric pickup truck will start at $24,950, making it the cheapest new truck available in the United States. The Bezos-backed startup simultaneously opened preorders, converting more than 180,000 existing reservations into $300 nonrefundable deposits. Deliveries are expected to begin in the fourth quarter of this year. The price is […]

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Slate Auto prices its Bezos-backed EV pickup at $24,950 and opens preorders with 180,000 reservations Read More »

Zoox redesigns its robotaxi interior ahead of commercial launch, with NHTSA approval still pending

Amazon’s Zoox revealed a series of design upgrades to its custom-built robotaxi on Wednesday, refining the interior comfort and exterior communication of a vehicle that still lacks a steering wheel, pedals, or any traditional driver controls. The changes are based on rider feedback from the company’s free ride programme and are timed to coincide with […]

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