Anthropic has signed SpaceX to supply the full compute capacity of the Colossus 1 data center — a deal that lands weeks before Anthropic's expected June IPO and signals the AI lab is racing to lock in infrastructure muscle before public markets weigh in on its $61.5B valuation.
PayPal CEO Alex Chriss told Q1 2026 investors the company is accelerating AI adoption as the primary driver of a $1.5B+ gross cost-savings program over 2-3 years, alongside a structural shift to three business units and a 20% workforce reduction. The company is moving to cloud-native architecture...
Altara raised $7 million in a seed round led by Greylock to build AI agents for physical sciences R&D — semiconductors, batteries, and advanced materials. The company's agents condense weeks of manual data triaging into minutes, targeting failure analysis and experimental design at facilities whe...
IREN Limited (NASDAQ: IREN) is acquiring Mirantis, the Kubernetes-native cloud infrastructure firm with 1,500+ enterprise customers and NVIDIA AI Cloud Ready ISV status, in a $625 million all-stock deal — completing its transformation from Bitcoin miner to full-stack AI cloud platform.
Speaking alongside JPMorgan CEO Jamie Dimon, Anthropic CEO Dario Amodei warned that its Mythos AI model has uncovered nearly 300 Firefox vulnerabilities and tens of thousands more in private — and that institutions have only 6 to 12 months to patch them before adversarial AI systems close the sam...
Pennsylvania Governor Shapiro's administration filed a lawsuit on May 5 against Character Technologies Inc., seeking to bar its AI bots from posing as licensed medical professionals. An undercover state investigation found a chatbot named 'Emilie' claimed to be a licensed psychiatrist, provided a...
Apple plans to introduce 'Extensions' in iOS 27, iPadOS 27, and macOS 27 this fall — letting users select third-party AI models from Google, Anthropic, and others to power Siri, Writing Tools, and Image Playground. A dedicated App Store section for AI apps will support discovery and switching.
Google, Microsoft, and xAI have agreed to submit frontier AI models to the US Commerce Department's Center for AI Standards and Innovation for pre-release evaluation — joining OpenAI and Anthropic, which have participated in the program since 2024. The move expands an informal safety review into ...
SAP announced it will acquire Prior Labs, the 18-month-old Freiburg-based pioneer of Tabular Foundation Models, with over €1 billion committed over four years — the largest European AI research acquisition of 2026. Prior Labs' TabPFN model, published in Nature, sets the state of the art on struct...
OpenAI quietly swapped ChatGPT's default model to GPT-5.5 Instant on May 5, citing a 52.5% reduction in hallucinations on high-stakes medical, legal, and financial queries. The update also introduces 'memory sources,' a control layer showing users which past context shaped each answer.
Five institutions, five products, one blockchain, one day. On May 5, Cloudflare, Google Cloud, State Street, Western Union, SoFi, and MoonPay all chose Solana for AI agent payments — independently. Here is what each launched and why Solana won.
Hut 8 replaced its Coinbase Prime credit facility with a $200M, 364-day FalconX bitcoin-backed loan at 7.0% fixed — down from 9.0% and 450bps below peak rates — while unlocking 3,300 BTC (~$260M) previously encumbered as collateral under the prior deal.