Anthropic to Settle Copyright Suit
The settlement would allow Anthropic to duck potentially billions in damages.
Recent Editions
Fanatics Taps Jeremi Gorman to Lead Ads Business
The digital sports firm is launching an ad vertical
Trump Media Group Plans $6.4 Billion Deal to Buy Crypto.com Tokens
Crypto.com was a major donor for President Donald Trump.
Trump Says Meta’s Louisiana AI Data Center to Cost $50 Billion
When Meta announced the Louisiana data center in December of last year, it said it would invest more than $10 billion into the project.
Apple Will Hold iPhone 17 Unveiling On September 9th
A slimmer iPhone is expected at the event.
Silicon Valley Figures Launch Political Super PACs
The group says it will promote promote policies that "unlock the transformative and economic benefits of AI."
PDD Holdings Reports Continued Growth Slowdown
Temu’s parent company has seen profits dip as it invests in its supply chain.
Saudi Arabia’s Humain Releases Arabic-Language Chatbot
The Humain Chat app is the first major software product from Humain, which has the backing of Saudi Arabia’s Public Investment Fund
Elon Musk’s xAI Sues Apple and OpenAI for Hurting AI Competition
The suit accuses the companies of working together to steer users toward OpenAI’s ChatGPT at the expense of competitors like xAI's Grok.
Klaviyo Restructures R&D Teams, Emphasizes AI and Technical Skills
The marketing software firm has been trying to beef up its AI capabilities.
Elon Musk’s xAI Dropped Public Benefit Corporation Status
The registration would have required xAI to disclose information about its environmental and social impact.
EU Ramps Up Effort for Digital Euro
Passage of stablecoin law in U.S. pushes EU to consider public blockchains for a digital currency
Trump Says U.S. Will Take 10% of Intel
The government is using funds Intel was expected to receive as part of the Chips Act.
Meta and AI Startup Midjourney Announce Partnership
Meta in recent months has pursued acquisitions, partnerships and licensing deals with other startups working on AI-generated video.
Snap Mulls Outside Funding For Spectacles
Snap has been outflanked in spending on augmented reality glasses by bigger rivals such as Meta Platforms.
Apple in Talks With Google to Power Siri Overhaul
Apple will make a decision in several weeks about whether to outsource its AI model
OnlyFans’ Revenue Growth Slows
OnlyFans’ revenue is still growing, but not at the same rapid pace as recent years.
Netskope’s IPO Filing Shows Losses, Steady Sales Growth
Netskope, the latest enterprise software firm to prepare a public offering, showed sales that grew 31% to $171 million in the quarter that ended in July.
TikTok Will Cut U.K. Moderators as It Embraces AI
TikTok is planning to lay off hundreds of staff in London working on content moderation and security as it shifts moderation to AI.