Oracle shares plunge up to 11% as the tech giant reveals plans to raise $40 billion in debt and equity financing amid a staggering $23.7 billion in negative free cash flow, spooking investors despite a strong earnings beat with revenue surging 21% to $19.18 billion and capital expenditures skyrocketing 162% …
Microsoft CEO Satya Nadella confesses he is personally guilty of 'tokenmaxxing'—wasting powerful AI resources on simple tasks—while pushing employees to work smarter by matching tasks to the right AI model, as he drives Microsoft toward a leaner, AI-native future.
OpenAI acquires cloud startup Ona to supercharge its AI coding tools, as Codex surges past 5 million weekly users, signaling a major push to make AI-driven development more powerful for businesses.
Anthropic reverses a secret policy that would have covertly degraded Claude Fable 5's performance for researchers building competing AI models, now committing to transparent safeguards after fierce backlash warning the original approach threatened open-source AI development.
Anthropic unveils two major AI policy frameworks backed by $350 million in commitments, as CEO Dario Amodei urges urgent regulation ahead of a near-trillion dollar IPO, raising questions about whether the move is genuine risk mitigation or strategic PR.
Palantir CEO Alex Karp claims enterprise clients are growing frustrated with frontier AI labs like Anthropic and OpenAI, accusing them of ignoring real business needs while focusing on superficial productivity signals, as rising AI costs alarm Wall Street and Karp argues true value lies in implementation, not the models themselves.
The EU orders Meta to restore free third-party AI access to WhatsApp's Business API, ruling that blocking rival chatbots and charging fees for access constitutes an abuse of Meta's dominant position in European messaging markets, as Meta vows to appeal the decision.
Microsoft blocks internal employee access to Anthropic's Claude Fable 5 after the new AI model's 30-day data retention policy — and up to two years for flagged content — raises legal concerns over confidential data, while external GitHub Copilot and Foundry customers retain access as Microsoft's legal team evaluates the …
Surging AI costs are driving companies toward cheaper, smaller models, with Coinbase's Brian Armstrong predicting 80% of workloads will migrate to models 99% cheaper within 18 months, threatening the core business models of AI giants OpenAI and Anthropic.
Apple unveils next-generation AI features powered by a Google Gemini partnership, bringing privacy-first intelligence to iPhone, iPad, Mac, Apple Watch, AirPods, and Vision Pro, with tools like Spatial Reframing, AI-powered Safari, and an upgraded Siri rolling out this fall across iOS 27, iPadOS 27, macOS 27, watchOS 27, and visionOS …