Nebius Group, the Dutch cloud computing company that split from Russian internet provider Yandex in 2024, has agreed to acquire Eigen AI for approximately $643 million in stock and cash. The deal, announced on 1 May, is for a 20-person startup founded …
OpenAI called the report “prime clickbait.” It said its business is “firing on all cylinders.” It issued a joint statement from CEO Sam Altman and CFO Sarah Friar declaring they are “totally aligned.” None of it worked. On Tuesday, after the Wall Stree…
Amazon Web Services announced a set of AI-powered business applications on Tuesday that move the company from selling cloud infrastructure to selling the software that runs on it, a strategic shift that puts Amazon in direct competition with Microsoft,…
Amazon Web Services will begin selling OpenAI’s models to its cloud customers, the company announced on Tuesday, one day after Microsoft agreed to end the exclusive reselling arrangement that had given Azure sole access to OpenAI’s technology for the f…
Summary: Google rebranded and consolidated its AI platform at Cloud Next 2026, renaming Vertex AI to the Gemini Enterprise Agent Platform and absorbing Agentspace into a unified Gemini Enterprise product. The announcements include Workspace Studio (no-…
Summary: Google is in talks with Marvell Technology to develop two new AI chips – a memory processing unit and an inference-optimised TPU – adding a third design partner alongside Broadcom and MediaTek in its custom silicon supply chain. The discussion…
Christian Weedbrook, the founder and CEO of Toronto-based Xanadu Quantum Technologies, became a billionaire this week without NVIDIA investing a single dollar in his company. His 46.4 million multiple-voting shares were worth approximately $1.5 billion…
Uber has launched a service that sends a gig worker to your door to collect items you want to return to a retailer, for $5 a pickup. The feature, called Return a Package, is available in the Uber Eats app across nearly 5,000 US cities and works with ni…
In short: Allbirds is rebranding as NewBird AI and pivoting from sustainable footwear to GPU-as-a-service cloud computing after selling its shoe business to American Exchange Group for $39 million. The company secured $50 million in convertible financi…
In short: Anthropic has released Claude Opus 4.7, its most capable generally available model, with benchmark-leading scores on SWE-bench Pro (64.3% vs GPT-5.4’s 57.7%), multi-agent coordination for hours-long workflows, 3x higher image resolution, and …