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OpenAI boosts size of secondary share sale to $10.3 billion
OpenAI is allowing current and former employees to sell more than $10 billion worth of stock in a secondary share sale.
Sen. Rand Paul blasts Trump's stake in Intel as 'a step towards socialism'
Sen. Rand Paul criticized the Trump administration's decision to take a 10% stake in Intel.
Apple has survived Trump's tariffs so far. It might raise iPhone prices anyway
As Apple prepares to unveil the iPhone 17, some analysts expect the company to raise prices even after all CEO Tim Cook has done to avoid the worst of tariffs.
Translation startup DeepL launches an AI 'agent' in challenge to players like OpenAI
DeepL launched the AI DeepL Agent on Wednesday aimed at enterprises, pitting it against companies like Microsoft and Anthropic.
Quantum computing startup IQM raises $320 million as investors pile into the tech
IQM said it would use the fresh cash to ramp up investments in technology and commercial growth.
Salesforce CEO confirms 4,000 layoffs ‘because I need less heads' with AI
CEO Marc Benioff revealed the layoffs during an interview on The Logan Bartlett Show podcast.
Apple shares rise after judge rules Google can continue preload deals in antitrust case
Apple shares rose 3% in extended trading Tuesday after a federal judge ruled that Alphabet may continue making payments to preload Google Search on the iPhone.
Waymo starts testing in Denver, Seattle in bid to expand robotaxi service across U.S.
Waymo is moving into new markets as it seeks to expand its lead in the nascent U.S. robotaxi industry.
Anthropic raises $13 billion funding round at $183 billion valuation
Anthropic's valuation has tripled since its last funding round in March
OpenAI acquires Statsig for $1.1 billion, brings on CEO as applications executive
Statsig will continue to operate independently and serve customers out of its Seattle office, OpenAI said.
Bitcoin bucks stock market downtrend but lags gold rally
Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record.
Musk looks past Tesla sales slump, says 80% of value will come from Optimus
Tesla CEO Elon Musk said on X that about 80% of his automaker's value will come from Optimus humanoid robots, which have yet to hit the market.
Amazon cracks down on Prime free shipping sharing
The company is ending the program in favor of Amazon Family, which lets users share Prime benefits with another adult, but they must share the same address.
Salesforce is having a bad year. This is where investors want to see growth
Investors want to see Salesforce's Agentforce artificial intelligence tool for customer service pick up traction.
Klarna aims to raise up to $1.27 billion in U.S. IPO
Swedish fintech firm Klarna is aiming to raise up to $1.27 billion in its long-awaited U.S. initial public offering, according to its official filing on Tuesday.
SAP to invest over 20 billion euros in 'sovereign cloud' in boost to Europe's AI ambitions
German software giant SAP on Tuesday announced it will invest over 20 billion euros into its sovereign cloud capabilities in Europe over the next 10 years.
Microsoft offers U.S. government over $6 billion in savings on cloud services over 3 years
Microsoft is the latest company to discount the cost of its software to the General Services Administration.
Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip
Alibaba's Hong Kong-listed shares jumped 19% on strong results at its cloud computing division driven by its AI investments.
Global movement to protect kids online fuels a wave of AI safety tech
Companies developing artificial intelligence systems to prevent kids from being exposed to inappropriate content are flourishing.
'AI may eat software,' but several tech names just wrapped a huge week
MongoDB, Pure Storage and Snowflake all touted artificial intelligence in earnings reports this week.
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