China's National Development and Reform Commission blocks Meta's $2 billion acquisition of AI startup Manus, exposing the 'Singapore-washing' strategy used by Chinese tech founders to relocate offshore and evade scrutiny from both Beijing and Washington.
A nine-person jury is seated in Oakland as the high-stakes Musk v. Altman trial kicks off, with Elon Musk seeking up to $134 billion from OpenAI, Sam Altman, and Greg Brockman over allegations they abandoned the company's nonprofit mission, with opening arguments set for Tuesday before Judge Yvonne Gonzalez Rogers.
Microsoft and OpenAI restructure their landmark partnership, granting OpenAI multi-cloud freedom while Microsoft retains a major equity stake, ends its revenue share payments, and keeps Azure as OpenAI's priority cloud provider through a newly amended agreement.
Google commits up to $40 billion to AI startup Anthropic, valuing it at $350 billion, as both Google and Amazon race to back the Claude AI maker amid explosive demand and critical infrastructure challenges.
Google commits $10 billion to AI startup Anthropic at a $350 billion valuation, with an additional $30 billion contingent on performance targets, deepening a complex partnership-rivalry dynamic in the global AI race.
Anthropic surpasses OpenAI in secondary market valuation, hitting $1 trillion on Forge Global as its annualized revenue explodes from $9 billion to $39 billion in just months, with investor demand so intense that some are offering property in exchange for shares.
Meta is slashing 10% of its workforce, cutting 8,000 jobs and canceling 6,000 open roles effective May 20, as the tech giant redirects resources toward massive artificial intelligence spending.
Vast Data secures a massive $1 billion Series F funding round backed by Nvidia, catapulting its valuation to $30 billion — more than triple its 2023 worth — as the AI infrastructure company surpasses $4 billion in cumulative bookings and $500 million in annual recurring revenue.
Google Cloud launches the Gemini Enterprise Agent Platform, a powerful evolution of Vertex AI enabling businesses to build, scale, and govern AI agents at enterprise level, with major companies like Comcast, PayPal, and L'Oréal already deploying production-grade agents to automate customer support, financial workflows, and operational intelligence.
OpenAI launches cost-per-click ads inside ChatGPT at $3–$5 per click, directly challenging Google's search ad dominance while racing to build advertiser measurement infrastructure faster than Uber and Netflix did at comparable stages.