Archive — page 54 of 60
1,797 stories

PayPal pitches AI turnaround with $1.5B in cuts and 4,500 layoffs
CEO Enrique Lores told investors PayPal is 'becoming a technology company again' as the stock sits 80% below its 2021 high.

Google, Microsoft and xAI hand US government pre-release access to frontier models
The Commerce Department's CAISI will run security evaluations on new models from three more labs, expanding a program that began with OpenAI and Anthropic in 2024.

Google DeepMind's London staff vote to unionize over Pentagon and Israel AI deals
98% of CWU members at DeepMind backed the bid; the unions want Google to drop military contracts and reinstate its weapons pledge.

Schmidt office researchers lay out blueprint for AI's role in democracy
Andrew Sorota and Josh Hendler argue personal AI agents are reshaping how citizens form beliefs — and that today's institutions are not ready.

Google DeepMind staff in London vote to unionize over Pentagon and Israel AI deals
98% of CWU members backed the bid, which could cover 1,000 London staff and force a fight over Google's military contracts.

Medical student spends six months reverse-engineering Cortex, the AI tool screening 30% of US residency applications
Chad Markey applied to 82 residency programs and got rejections. Then he learned 1,500 hospitals were using an OpenAI-powered screener called Cortex.

Eric Schmidt's office publishes a blueprint for AI in democracy
Andrew Sorota and Josh Hendler argue personal AI agents are about to mediate citizenship — and US institutions are not ready.

Jensen Huang tells Milken crowd AI is 'creating an enormous number of jobs'
The Nvidia CEO pushed back on doomer rhetoric even as forecasts suggest 15% of US jobs could vanish to AI in the coming years.

Cerebras IPO targets $26.6B valuation with OpenAI holding warrants on 33M shares
The Wafer-Scale Engine 3 maker is pricing 28 million shares at $115 to $125, with banks already fielding $10 billion in orders.

Notepad++ creator disavows AI-coded Mac port using his trademark
Don Ho says Andrey Letov's 'Notepad++ for Mac' — built largely with Claude CLI — used the name and logo without permission.

Image models drive 6.5x more AI app downloads than chatbot upgrades
Appfigures data shows Nano Banana added 22M Gemini installs in 28 days; ChatGPT's 4o image model converted to $70M.

Claude Code and Cowork Lower the Bar for Solo App Builders, Host Says
Anthropic's coding agents can guide non-developers through building React Native apps for iOS and Android, the host argues, as Apple cracks down on spam.

App Store Releases Nearly Double to 500,000 in Q1 as AI Coding Tools Reshape Output
App Figures data shows quarterly releases jumping from 250,000 in 2024 to roughly 474,000 in Q1 2026, with productivity tools eclipsing games.

Alberta election officials use canary traps to catch voter-list leak
Elections Alberta seeded its voter database with bogus entries, then watched them surface in a separatist group's online tool.

Roomba creator Colin Angle returns with Familiar, an AI robot pet
Familiar Machines & Magic unveiled Ami, a quadruped companion robot with 23 degrees of freedom running on Nvidia Jetson Orin.

OpenAI and Anthropic Pay Private Equity to Reach the Mid-Market Before IPO
OpenAI seeds a $10 billion joint venture with TPG, Bain and Brookfield while Anthropic strikes a $1.5 billion pact with Blackstone and Goldman Sachs.

Morgan Stanley Lifts 2026 Hyperscaler Capex Forecast to $805 Billion
The bank's analyst sees AI infrastructure spending potentially reaching $1.1 trillion by 2027, rivaling all non-tech S&P 500 capex combined.

Saudi-Backed Humane Launches Enterprise AI Operating System on AWS
Public Investment Fund vehicle Humane One debuts an agentic AI platform across 39 AWS regions, expanding the kingdom's sovereign AI push.

Brockman Says AI Wrote 80% of OpenAI Code by Month's End, Up from 20%
OpenAI president Greg Brockman puts the company 70 to 80 percent of the way to AGI, drawing pushback from rival researchers.

Anthropic and OpenAI launch parallel joint ventures to chase enterprise AI deals
Anthropic's $1.5B vehicle with Blackstone and Hellman & Friedman lands hours before OpenAI's $10B Development Company surfaces.

Musk texted Brockman 'most hated men in America' before OpenAI trial, filing claims
OpenAI's Sunday filing tried to enter the settlement exchange into evidence; the judge ruled it inadmissible.

Sierra raises $950M at $15B+ valuation as Bret Taylor scales agentic customer service
Tiger Global and GV lead the round, giving Sierra over $1B in capital after ARR jumped from $100M in November to $150M in February.

Musk's lone AI expert at OpenAI trial warns of AGI arms race
Berkeley's Stuart Russell told jurors AGI development creates winner-take-all dynamics that pull labs away from safety work.

Musk's 'World War III' Twitter threat resurfaces at OpenAI trial
OpenAI wants the judge to admit a pre-trial message from Musk to Greg Brockman warning he and Sam Altman would be 'the most hated men in America.'

TechCrunch Disrupt 2026 opens BOGO pass deal: 50% off a second ticket through May 8
Five-day promo cuts up to $499 off a second pass for the October event in San Francisco, expected to draw 10,000+ founders and investors.

IAC just shut down a $321M business with a 30-year brand. Perplexity is worth $21B.
Ask.com closed on May 1, 2026, instead of being relaunched as an AI search wrapper. By any reasonable read of the comp set, that was the biggest unforced strategic error in consumer AI this year.

Musk sought settlement with OpenAI before Oakland trial, filing shows
A new court filing reveals Elon Musk attempted to resolve his OpenAI lawsuit before jury selection in Oakland.

Jack Clark: 60% chance AI builds its own successor by end of 2028
Anthropic co-founder lays out the benchmark trail — SWE-Bench from 2% to 93.9%, METR horizons from 30 seconds to 12 hours — and calls the takeoff.

Asian stocks rise, oil holds flat as new Gulf proposals circulate
Equity markets across Asia traded higher while crude prices stayed range-bound, with traders weighing fresh diplomatic moves out of the Gulf.

GameStop makes unsolicited $56B bid for eBay, WSJ reports
The video game retailer turned meme stock is pitching a takeover of an online marketplace nearly nine times its size.
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