Business — page 24
Meta unwinds $2B Manus acquisition after Beijing divestiture order
Meta has cut Manus off from internal systems as the Chinese-founded startup explores a $1B buyback and Hong Kong listing.
SpaceX opens at $150 as Anthropic and OpenAI line up for IPO summer
SpaceX popped 11% on debut while Anthropic and OpenAI prepare to follow, ending the FAANG era and ushering in what insiders are calling MANGOS.
Theker raises $85M Series A to build reconfigurable factory robots
The Barcelona startup says it is Europe's largest robotics Series A, backed by CRV, Samsung, and LVMH chairman Bernard Arnault's family office.
Bezos's Prometheus raises $12B at $41B valuation for physical AI
The second raise in under a year vaults Prometheus into the top tier of AI startups, with JPMorgan, Goldman, and BlackRock backing the round.
Amazon says its data centers used 2.5 billion gallons of water in 2025
Amazon's first public water disclosure pegs usage at 0.12 liters per kilowatt-hour, down 2% from 2024 even as operations expanded.
OpenAI weighs token price cuts as Anthropic pulls ahead on valuation
The ChatGPT maker is bracing for Anthropic to undercut it on price, days after both labs filed confidentially for IPOs.
OpenAI brings its models and Codex to Oracle Cloud customers
Enterprises can now draw down existing Oracle Cloud commitments to access OpenAI APIs and the Codex coding agent.
Microsoft's Brad Smith responds to college grads booing AI in 3,100-word blog post
After viral clips of students heckling commencement speakers who hyped AI, Microsoft's president says the boos are a wake-up call worth heeding.
Amazon borrows $17.5B from banks days after $14B Canadian bond sale
The retailer pulled in $31.5B in new financing in 48 hours as hyperscaler AI capex pushes the biggest tech balance sheets into debt markets.
Warner Music acquires Sureel AI to track how models use its catalog
The deal gives WMG patented 'AI DNA' technology to fingerprint songs and trace their use in training data and generated output.
Nvidia rolls out Halos OS as robotaxis launch in Munich, Taiwan, Saudi Arabia
Uber, Foxconn, VinFast and HUMAIN sign on to DRIVE Hyperion as Nvidia pitches a safety-certified OS for autonomous fleets.
Microsoft blocks Claude Fable 5 for internal use over Anthropic retention rules
Anthropic's new safety classifiers retain prompts for 30 days, breaking Microsoft's zero-data-retention policy for employee tools.
Top 1% of US firms now spend $7,500 per employee monthly on AI
Ramp's latest index pegs the median at $11.38 — but the heaviest users are pushing token budgets toward engineer-salary territory.
Niteshift raises $7M to keep AI coding agents off frontier labs' rails
Two early Datadog engineers pitch a model-agnostic coding cloud as Anthropic and OpenAI push deeper into vertical software.
Jedify raises $24M to feed AI agents enterprise context graphs
Norwest leads the Series A; Snowflake joins as a strategic investor and is wiring Jedify into Cortex AI.
Google makes Gemini the main sponsor of Argentina's World Cup squad
Gemini's logo lands on the Albiceleste's training kit, with parallel deals signed for Brazil and France ahead of the 2026 FIFA World Cup.
Meta strikes first India AI data center deal with Reliance in Jamnagar
A 168-megawatt facility in Gujarat extends a partnership that began with Meta's $5.7B Jio investment in 2020.
Google cuts AI Plus to $4.99 a month, opening a US price war
Google halves storage cost and undercuts ChatGPT Plus by 75%, importing a pricing fight that started in India.
Nvidia Blackwell GPUs land inside Apple's Private Cloud Compute on Google Cloud
Apple is extending its server-side Apple Intelligence stack onto Nvidia Confidential Computing running on Google Cloud infrastructure.
GM activates vehicle-to-grid on 250,000 EVs to help absorb AI data center demand
A firmware update turns existing Chevy, Cadillac, and GMC EVs into grid batteries as utilities brace for AI-driven load growth.
Cheaper AI models start eating frontier workloads as inference costs bite
Coinbase's Brian Armstrong predicts 80% of AI workloads shift to 99% cheaper models within 18 months, threatening OpenAI and Anthropic economics.
Lovable hits $500M ARR as users build 1M projects a week
The European vibe-coding startup added $100M in annualized revenue since February, with non-technical users building CRMs, storefronts, and HR tools.
Sandstone raises $30M to bring AI to in-house legal teams
Lightspeed leads a Series A six months after a $10M seed, targeting corporate legal departments rather than law firms.
Google DeepMind picks 15 European robotics startups for AI accelerator
A three-month London program gives founders access to Gemini robotics models, with cohort spanning healthcare microrobots to ocean autonomy.
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