Sources: Anthropic seeks investor allocations for $900B+ valuation round
Anthropic seeks investor allocations for a potential $900B+ valuation round within two weeks.
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AI-ranked · refreshes every 5 minAs Tim Cook steps down, Apple hit record sales — but a chip shortage looms
Apple hits record sales as Tim Cook steps down, but faces looming chip shortages.
Musk sues OpenAI, alleging betrayal of founding mission; company seeks dismissal
Elon Musk sues OpenAI for abandoning its non-profit mission, seeking to portray himself as a wronged founder against a company he claims prioritizes profit.
Meta fires workers who reported seeing smart glasses users engage in sexual activity
Meta is facing backlash after subcontractors fired employees who reported witnessing inappropriate sexual behavior while testing smart glasses.
Apple Services Revenue Hits Record $31 Billion, Beats Expectations
Apple's services division delivered a record-breaking $31 billion in revenue for the March quarter, surpassing Wall Street's predictions and highlighting strong growth in the sector.
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Deadline
Apple beats Q2 earnings expectations on strong iPhone and services growth
Apple exceeded profit expectations in its second quarter, driven by robust sales of iPhones and its growing services division, indicating sustained consumer demand.
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Hacker News
Zuckerberg blames AI costs for layoffs, war for slower sales
Zuckerberg tells Meta staff AI costs drive layoffs, war impacts sales, and teams will shrink to develop new apps.
Reddit's CEO calls platform content 'fuel' for artificial intelligence
Reddit's CEO declares the platform's user-generated content is vital "fuel" for artificial intelligence development.
AI Payoff in Focus During Tech Earnings Bonanza
Tech giants like Alphabet and Amazon see AI payoff, while Meta struggles and Anthropic considers new funding.
US Senate Bans Members From Trading on Prediction Markets
The US Senate has voted to ban its members and staff from trading on prediction markets, aiming to prevent insider trading and maintain market integrity.
Meta threatens to pull apps from New Mexico over state demands
Meta is threatening to remove its apps from New Mexico if a judge rules against the company in a legal battle over the state's demands for technologically impractical changes.
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Engadget
Reddit reports 69% jump in revenue, topping analyst estimates
Reddit's revenue surges 69% year-over-year, surpassing analyst forecasts for the first quarter.