SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly…
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Amazon, Meta join fight to end Google Pay, PhonePe dominance in India
Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe…
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…
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…
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Microsoft CEO Satya Nadella was asked point-blank by a Wall Street analyst on Wednesday how its revised OpenAI partnership would…
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…
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 cofounders “stole a…
Microsoft says it has over 20M paid Copilot users, and they really are using it
Despite the lingering perception that no one really uses Copilot, Microsoft said Wednesday that its user base and engagement are…
Google Cloud surpasses $20B but says growth was capacity-constrained
Google Cloud, the business under parent company Alphabet that provides enterprise AI solutions, had a blowout first quarter, with revenues…
Fusion power startup Zap Energy pulls a partial pivot, adding nuclear fission to the mix
Nobody said building a fusion power plant would be easy. Physicists and engineers have been working for decades to crack…
