Faraday Future spins its robot business into a separate Nasdaq company
Faraday Future has completed the sale of its robotics business to FF EAI Robotics Ecosystem (FFR), which trades on Nasdaq, in an all-share deal valued at about $200M. Founder YT J…
Pennsylvania will require labels on misleading AI ads, with $3,000 fines
Advertisers in Pennsylvania will have to label ads that use AI to mislead consumers about what they are selling. Governor Josh Shapiro approved the Artificial Intelligence Decepti…
Apple’s foldable iPhone Duo hit by early reports of cracking screens
A growing number of iPhone Duo owners say the inner screen cracked along the crease soon after purchase, Bloomberg reported. It appears to affect a minority of units. iFixit suspe…
Ciena CEO who survived the telecom bust tells WSJ the AI boom is different
Gary Smith has been Ciena CEO since May 2001, and led the company through the telecom crash that followed the fibre boom. He says today’s AI build-out is a different kind of cycle…
Anthropic’s IPO filing reveals its strategy for keeping enterprise customers hooked
Anthropic’s S-1 shows more than half of its $100,000-plus customers now use both the Claude Platform and a first-party app, a cross-selling playbook reminiscent of Amazon that’s m…
Instagram tests 90-minute horizontal videos called Features
Instagram has started testing a new format for long, horizontal videos called Features. Head of Instagram Adam Mosseri and product chief Tessa Lyons announced the test on Monday. …
Anthropic tells IPO investors it could be targeted over its AI safety views
Anthropic has warned would-be investors that its views on AI safety could make it a political target. The warning is in the risk factors of its S-1 registration statement. The com…
SpaceX locks in $40B GPU financing deal with Apollo
SpaceX has locked in a binding commitment for roughly $40 billion in financing to pay for AI chips and related data center equipment, the company disclosed in a regulatory filing …
Microsoft offers buyouts to 60,000 employees, about a quarter of its staff
Amy Coleman, Microsoft’s chief people officer, announced the Voluntary Exit Offer in a memo to employees on Monday. It is open to eligible staff in participating teams in Canada, …
Freedom Holding is developing a $2bn sovereign AI hub in Kazakhstan
Freedom Holding Corp. is developing the $2bn hub under an agreement signed in November 2025 with Kazakhstan’s Ministry of Artificial Intelligence and Digital Development, the Nasd…
Bedrock Robotics raises $600M as its self-driving excavators win paid work
Bedrock Robotics has closed a $600M Series C co-led by CapitalG and Emergence Capital. The round values the San Francisco startup at $4.1bn after the money, it said in a statement…
Apple’s new iPad mini gets OLED, an A20 Pro chip and water resistance
Apple unveiled the eighth-generation iPad mini on Monday, two days before its Pro and Tell event in Los Angeles. The tablet keeps the footprint of the 2024 model but stretches the…
Microsoft offers buyouts to around 60,000 employees, reports say
The buyout offers mark Microsoft's latest efforts to cut costs and rework its workforce.
Sweden’s Government Offices block ChatGPT and Claude on work computers
Sweden’s Government Offices, which runs the work of the prime minister and the ministries, has blocked staff from using OpenAI’s ChatGPT and Anthropic’s Claude on their work compu…
Nevis raises $70M to expand its AI platform for wealth advisers
New York-based Nevis, which builds AI software for wealth management firms, has raised $70M in a Series B round led by EQT Ventures. The company announced the funding on Monday. T…
EU accepts Temu’s plan to curb illegal products after €200M fine
The European Commission has accepted Temu’s plan to improve its compliance with the Digital Services Act (DSA), five months after fining the online marketplace €200 million over i…
Anthropic files for Nasdaq IPO as half-year revenue hits $16.3bn
Anthropic made its prospectus public on Monday. It filed a registration statement on Form S-1 with the US Securities and Exchange Commission. The company plans to list its Class A…
Anthropic officially files for its public debut
Anthropic has officially filed for an IPO, revealing soaring revenue, mounting losses, major enterprise adoption, and an unusual governance structure designed to preserve founder …
Apple unveils new iPad mini with OLED display and faster A20 Pro chip
The new iPad mini features a thinner and lighter design than its predecessor.
OpenAI’s discounts win Anthropic customers, The Information reports
Replit moved most of its AI spending from Anthropic to OpenAI in recent months after OpenAI offered a discount of more than 30%, The Information reported on Saturday. The contract…
Matiks raises $10M to expand its math and puzzle gaming platform
Matiks has introduced a new platform for users to create games using AI.
Apollo’s Slok says US companies now treat AI spending as a cost, not growth
Artificial intelligence has delivered “zero financial payoff” to corporate America outside the tech sector. That is the finding of Torsten Slok, chief economist at Apollo Global M…
Amazon pledges 30,000 entry-level UK jobs to young people by 2030
Amazon has pledged 30,000 entry-level jobs in the UK by 2030 for young people from the areas with the fewest opportunities. The roles start at £15.10 an hour, more than £31,000 a …
American Express cuts 5% of staff and won’t let AI agents ‘run rogue’
American Express is cutting about 5% of its global workforce and taking a $336M restructuring charge. Chief executive Stephen Squeri told analysts about the cuts on Friday, CNBC’s…