Trending Technology News

Following Anthropic, OpenAI files confidentially for IPO

ChatGPT-maker OpenAI has filed confidentially for an initial public offering, the company announced Monday in a blog post. The filing comes a little more than a week after its main rival, Anthropic, also filed to go public, ramping up the race between the two AI...

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Apple plays catch-up at WWDC

Apple’s Worldwide Developer Conference on Monday started off with an apology of sorts. Instead of jumping right into the headline news about a revamped AI-powered Siri, Apple’s senior vice president of Software Engineering, Craig Federighi spent the first stretch of...

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Apple bets cheaper AI will woo small developers

Apple is hoping to draw in newer developers with lower AI infrastructure costs, the company announced during its developer keynote at its Worldwide Developers Conference on Monday. The tech giant said that developers with fewer than 2 million first-time App Store...

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Amazon now lets you design custom merch using AI

On Monday, Amazon introduced a new feature that allows anyone to design merchandise using AI, posing an expanded challenge to online merch platforms like Redbubble, Bonfire, Spring, Fourthwall, and others. The company announced that people are now able to create new...

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Amazon’s cloud business is surging — and so is its capital spending

Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest...

Sources: Anthropic could raise a new $50B round at a valuation of $900B

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen...

On the stand, Elon Musk can’t escape his own tweets

Elon Musk came to a California federal court on Wednesday to argue that Sam Altman and his co-founders “stole a charity.” He left having admitted, under oath, that Tesla is not currently pursuing artificial general intelligence (AGI)— directly contradicting a tweet...

Meta is still burning money on AR/VR

When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and VR software. I yawned at first. Meta losing $4 billion on Reality...

Google gains 25M subscriptions in Q1, driven by YouTube and Google One

Google has added another 25 million paid subscriptions to its services over the past quarter, parent company Alphabet announced during its first-quarter earnings report on Wednesday. The company said it now has 350 million paid subscriptions across its services, up...

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How Technology Is Quietly Revolutionizing The Way We Communicate

Technology is revolutionizing communication as we know it. Technology is a double-edged sword: it can be disruptive or make life easier. From a consumer’s perspective, unsolicited sales calls are disruptive; conversely, improved customers service makes life easier....

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