More Business Comms News

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On the stand, Elon Musk can’t escape his own tweets

Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.

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Meta is still burning money on AR/VR

Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.

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Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal

Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully plan to exploit it," Nadella said.

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Microsoft says it has over 20M paid Copilot users, and they really are using it

Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.

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Google Cloud surpasses $20B, but says growth was capacity-constrained

Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster

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SoftBank is creating a robotics company that builds data centers — and already eyeing a $1

You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.

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Amazon, Meta join fight to end Google Pay, PhonePe dominance in India

PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.

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Amazon’s cloud business is surging — and so is its capital spending

The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive

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Sources: Anthropic could raise a new $50B round at a valuation of $900B

The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the mat

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