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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 ju

When Meta released its quarterly earnings report on Wednesday evening, a colleague pointed out how Meta lost $4 billion on Reality Labs, the division responsible for its AR glasses, VR headsets, and VR software. I yawned at first. Meta losing $4 billion on Reality Labs just didn’

Microsoft CEO Satya Nadella was asked point-blank by a Wall Street analyst on Wednesday how its revised OpenAI partnership would impact Microsoft’s financials. He said that the new agreement was a good deal for everyone. “We feel good about our partnership with OpenAI. I’m always

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Amazon chips no longer just a side dish, they're a $20B biz The Trainium train keeps a-rollin' Amazon is now among the top three datacenter chip businesses in the world, as its semiconductor business surpassed a $20 billion annual run rate ... and it would be closer to $50 billio

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Anthropic has been chasing OpenAI since the launch of ChatGPT in late 2022. It appears to have finally caught up. The artificial intelligence startup, founded five years ago by former OpenAI execs, is in talks with investors to raise money at a $900 billion valuation, according t

Despite the lingering perception that no one really uses Copilot, Microsoft said Wednesday that its user base and engagement are growing for the AI tool that’s baked into M365 apps like Word, Excel, and Outlook email. M365 Copilot now has 20 million paid enterprise Copilot seats,

CNBC's Jim Cramer said the bar for technology stocks has shifted and simply beating earnings is no longer enough to sustain a rally. "When it comes to tech companies, it's not enough just to beat and raise anymore," said the "Mad Money" host. "You need a shortage, or else your st

Qualcomm shares staged a dramatic turnaround after the bell on Wednesday as CEO Cristiano Amon said on the earnings call that it would begin shipping data center chips to "a large hyperscaler" within the calendar year. The stock initially fell as much as 7% after the chipmaker re

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 on the company’s earnings call expressed

Artificial Intelligence Extracting contract insights with PwC’s AI-driven annotation on AWS This post was co-written with Yash Munsadwala, Adam Hood, Justin Guse, and Hector Hernandez from PwC. Contract analysis often consumes significant time for legal, compliance, and procureme

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 milli

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 qu

Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts' estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely with OpenAI. Revenue at AWS rose to $37.59 billion in the period from $29.27

Proxmox has released Proxmox Backup Server 4.2, a new update built on Debian 13.4 “Trixie” with refreshed packages, improved hardware support, and security updates from the newer base system. The release also moves to Linux kernel 7.0 as the stable default and includes ZFS 2.4 fo

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Google Search queries hit an “all time high” in the first quarter of 2026, according to a statement from CEO Sundar Pichai published as part of Alphabet’s earnings on Wednesday. Google Search queries hit an ‘all time high’ last quarter CEO Sundar Pichai also says that Google had

Researchers move in the right direction, develop powerful GPS interference alarm ORNL says portable detector kit can separate real GPS signals from fake ones even at equal strength GPS spoofing, which sends fake satellite-like signals, and GPS jamming, which drowns receivers in n

NXP Semiconductors shares rose 26% Wednesday, its best day ever since the company went public in 2010. The semiconductor manufacturer reported first-quarter earnings Tuesday that blew away Wall Street's estimates. The Dutch company reported adjusted earnings of $3.05 per share, b