AI’s Dealmaking Frenzy
AI’s insatiable need for cash is proving to be a dream for dealmakers. Our scoop from Wednesday night that OpenAI was in talks to raise as much as $60 billion from Nvidia, Microsoft and Amazon was f...
A SpaceX Merger Would Reward Musk Loyalists
Before we get into today’s news, check out a string of scoops from my colleague Sri on the rivalry between OpenAI and Anthropic. OpenAI, she reported last night, is talking to Nvidia, Amazon, Micros...
iPhone Demand Fuels Huge Growth for Apple’s Holiday Quarter
Apple reported its fastest growth in years, fueled by its latest-generation iPhone 17 lineup. The iPhone business grew 23% to $85.3 billion in sales for the December quarter, the company reported Thur...
U.S. Regulator Plans New Prediction Market Rules
The U.S. Commodity Futures Trading Commission, which regulates prediction markets such as Kalshi and Polymarket in the U.S., plans to make new rules to provide clearer standards on the types of contra...
U.S. Lawmaker Says Nvidia Helped DeepSeek Develop Models
The chair of the U.S. House Committee on China said Nvidia’s “extensive technical support” of Chinese artificial intelligence startup DeepSeek helped the startup develop “frontier” AI models...
Apple Acquires AI Startup For Silent Communication
Apple has acquired Q.ai, an artificial intelligence startup specializing in “silent” communication technology. Founded in 2022, the Israel-based startup has largely kept its plans under wraps. Pat...
Microsoft Reveals It’s the No. 2 Seller of AI Apps Behind OpenAI
Microsoft’s slightly-slowing growth in cloud server rentals cast a pall over its quarterly earnings report on Wednesday, but the company had a salve to numb that sting: It’s generating significant...
OpenAI Said to Consider Eyeball Orbs to Keep Bots Off Social Media
OpenAI is planning to use eyeball-scanning orbs or Apple’s Face ID to make sure the users of its planned social media app are humans, not computers, according to Forbes. The orb is an iris scanner p...