BusinessAnthropic’s Claude gains paid users and consumer interest, narrowing gap with ChatGPTAnalysis of anonymized credit-card transactions and education-platform search data show Anthropic’s Claude gaining paid consumers and growing revenue since early 2026.3 min read
BusinessGeneral Intuition raises $320M to scale a game-data trained world model for embodied agentsGeneral Intuition, spun out of Medal, raised $320 million at a $2.3 billion valuation to scale a world model trained on gameplay with embedded action labels.4 min read
BusinessMicron and Qualcomm earnings lift AI-focused tech stocks, markets rallyMicron Technology reported much stronger-than-expected quarterly results and Qualcomm raised its long-term revenue outlook, both driven by AI-related demand; their shares jumped sharply after Wednesday’s close.3 min read
BusinessQualcomm Raises Long‑Term Targets, Eyes $40B Non‑Mobile Revenue by Fiscal 2029Qualcomm significantly raised its long‑term financial targets at a shareholder day, forecasting non‑mobile revenue of $40 billion and more than $15 billion in data‑center sales by fiscal 2029.3 min read
BusinessMicron projects stronger quarter as AI-driven demand lifts memory salesMicron Technology reported third-quarter results well above expectations and forecast a stronger fourth quarter, driven by surging demand for high-bandwidth memory used in AI data centers.2 min read
BusinessNetris raises $15M Series A from Andreessen Horowitz to automate networks for neocloud GPU clustersNetris, a network-automation startup focused on speeding up deployment of GPU-backed neoclouds, has closed a $15 million Series A led by Andreessen Horowitz.3 min read
BusinessAdobe to Acquire Topaz Labs to Bolster Image and Video AI CapabilitiesAdobe announced it will acquire Topaz Labs, a long-standing developer of AI-driven image and video enhancement tools, and fold the company into its creative business.2 min read
BusinessAmazon pledges an additional $13 billion to expand AWS data centers and retail operations in IndiaAmazon announced a further $13 billion investment in India to expand its AI and cloud footprint through 2030, including increased Amazon Web Services data center capacity in Mumbai and Hyderabad.3 min read
BusinessChinese AI firm Zhipu considers multibillion-dollar share sale after 2,000% post-IPO surgeChinese startup Zhipu is exploring a multi‑billion dollar share sale after its stock rose roughly 2,000% since its January IPO, Bloomberg reported.2 min read
BusinessQualcomm enters data‑center AI chip market, signs Microsoft and Meta as customersQualcomm announced at a Wednesday investor briefing that Microsoft and Meta will use its new AI chips and that it will build custom processors for two unnamed cloud providers.2 min read
BusinessVishal Sikka’s Hang Ten Systems raises $32M to offer AI-driven IT servicesVishal Sikka, former Infosys CEO, launched Hang Ten Systems to automate enterprise software development and operations using AI, and has closed a $32 million seed round led by Mayfield with participation from Aramco Ventures and angel investors.4 min read
BusinessCerebras warns narrower full-year margins after Q1 results, shares tumbleCerebras Systems reported stronger-than-expected first-quarter revenue and a smaller net loss, but warned full-year gross margin would be lower than Q1 due to a temporary equipment rental arrangement.2 min read
