Elon Musk came to a California federal court on Wednesday to argue that Sam Altman and his co-founders “stole a charity.” He left having admitted, under oath, that Tesla is not currently pursuing artificial general intelligence (AGI)— directly contradicting a tweet he’d posted just weeks earlier. It was that kind of day for Musk. The…
Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest example. Amazon Web Services, buoyed by its role in fueling the AI boom, saw its…
Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED, MobiKwik, and Flipkart’s Super.money are scheduled to meet the National Payments Corporation of India on Thursday, TechCrunch…
Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. Bloomberg and Business Insider reported…
Google Cloud, the business under parent company Alphabet that provides enterprise AI solutions, had a blowout first quarter, with revenues topping $20 billion for the time, a 63% increase from the same period last year. However, investors were concerned about the constraints surrounding the business and how Google decides to allocate cloud capacity. In the…
Google has added another 25 million paid subscriptions to its services over the past quarter, parent company Alphabet announced during its first-quarter earnings report on Wednesday. The company said it now has 350 million paid subscriptions across its services, up from 325 million in Q4 2025, with YouTube and Google One — its cloud storage…
Nobody said building a fusion power plant would be easy. Physicists and engineers have been working for decades to crack the problem. But over the last year or so, fusion startup Zap Energy took a deeper look at its pathway to a working power plant and decided that it would be quicker to build a fission…
Google announced on Wednesday a new wave of AI-powered features coming to Google TV, alongside a dedicated short-form video feed that brings YouTube Shorts directly to the home screen. At the center of this update are more Gemini capabilities. Within the Gemini tab, a “Create” button lets users experiment with generative AI tools Nano Banana…
Parallel Web Systems, the AI agent-tool startup founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation led by Sequoia. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, and Terrain Capital also participated, the company said. This raise comes just five…
Google Photos on Wednesday announced a new AI-powered feature that will soon turn photos of your clothes into a digital closet where you can create new outfit ideas, and even virtually try on your creations. Yes, the idea takes obvious inspiration from Cher’s iconic virtual wardrobe featured in the movie “Clueless,” where she could scroll…