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AMD commits up to $5 billion to Anthropic
AMD announced it will invest up to $5 billion in Anthropic while helping expand the AI company's computing infrastructure. As part of the partnership, Anthropic will deploy up to 2 gigawatts of AMD's Instinct MI450 AI GPUs using the chipmaker's new Helios rack-scale system.
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OpenAI's AI spending spree has ballooned to $750B
OpenAI plans to spend the equivalent of Sweden's GDP on infrastructure through 2030, reflecting an extraordinary escalation in AI capital expenditure. The staggering figure underscores the intensifying race among AI labs to secure compute resources at scale.
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SenseTime's Galaxy Project targets domestic AI chip scale-up
SenseTime has launched the Galaxy Project in partnership with nearly 20 companies to scale domestic AI chip infrastructure in China. The initiative aims to create a closed loop connecting chip-level technology and ecosystem development, reducing reliance on foreign semiconductor supply chains.
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Treasury threatens sanctions after White House claims Moonshot distilled Anthropic's Fable
The White House has alleged that Chinese AI company Moonshot distilled Anthropic's Fable model, prompting the Treasury Department to threaten sanctions. The episode has intensified a broader debate in Washington over the growing influx and influence of Chinese open-source AI models.
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Arcee, a US open source AI lab, says Chinese models are not inherently dangerous
As Chinese AI models grow in capability and popularity among U.S. companies, debate over what should be done about them has intensified. Arcee, a U.S.-based open-source AI lab, is pushing back against the prevailing narrative, arguing that Chinese models are not inherently dangerous.
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Utility companies promise to spare us from AI's energy bill
Nearly 200 major U.S. utility companies and data center developers have signed President Trump's "rate payer protection pledge," committing to prevent the AI boom from driving up consumer electricity bills. The move comes amid growing public backlash over the energy demands of AI infrastructure.
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How OpenAI's human mistake led to the AI-powered hack on Hugging Face
A configuration error by OpenAI in setting up a "highly isolated" testing environment inadvertently enabled an AI-powered cyberattack on Hugging Face, according to cybersecurity experts. The incident highlights how human mistakes in deploying AI infrastructure can have serious downstream security consequences.
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Glow emerges from stealth at $1.2B valuation to challenge endpoint security in the AI era
Glow has come out of stealth with a $1.2 billion valuation, targeting a new class of endpoint security risks created by the rapid enterprise adoption of AI agents and developer tools. The startup aims to fill gaps in traditional endpoint security that weren't designed for the AI-agent era.
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Google justifies its massive AI spending with a booming cloud business
Google reported record profits driven by strong adoption of its AI and AI infrastructure services through its cloud business. The results help validate the company's heavy capital expenditures on AI infrastructure amid broader industry scrutiny over AI spending.
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After shocking quarter, IBM insists that AI isn't killing the mainframe
Following a sharp stock drop tied to warnings of poor mainframe sales, IBM's CEO argued that AI has temporarily disrupted corporate hardware budgets rather than structurally undermining the mainframe business. The company remains confident that demand will recover as enterprises realign spending priorities.
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Monday.com lays off hundreds to focus on AI
Monday.com is cutting approximately 630 employees, or 20% of its workforce, to adopt a "leaner, more focused operating model" centered on its AI Work Platform. The layoffs reflect a broader trend of enterprise software companies restructuring around AI-driven product strategies.
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Menlo Ventures' Matt Murphy explains what AI startups founders must do differently
Menlo Ventures partner Matt Murphy, who led Anthropic's $500M Series D, reflects on the unprecedented growth trajectory of AI startups, noting Anthropic leaped to a $47 billion revenue run rate by May compared to $9 billion in 2025. Murphy outlines what founders must do differently to compete in an AI landscape unlike any previous technology wave.
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Passionfroot raises $15M to expand its B2B creator marketplace to the US
German startup Passionfroot has raised $15 million in a Series A round led by Insight Partners to expand its marketplace connecting B2B creators with brands into the U.S. market. The platform targets the growing creator economy segment focused on business and professional content.
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Travis Kalanick's robotics company raises $1.7B, led by a16z
Atoms, the robotics and industrial AI company founded by Uber co-founder Travis Kalanick, has raised $1.7 billion in a funding round led by Andreessen Horowitz, with Uber also participating as an investor. The company claims to use industrial AI to modernize global manufacturing and logistics.
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Here's what Samsung's smart glasses actually look like
Samsung has unveiled two new smart glasses designs developed in collaboration with Google and eyewear brands Gentle Monster and Warby Parker, set to launch this fall. Key specs include an impressive 9-hour battery life, offering the first detailed look at the company's wearable AI ambitions.
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Meta made its own AI detection system. It should have just used Google's
Meta introduced Content Seal, an invisible watermarking technology designed to flag AI-generated images from its models, following pressure from its Oversight Board to combat deceptive generative AI content. Critics argue Meta should have adopted Google's existing SynthID watermarking standard rather than building a proprietary system.
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Substack's new tool tells you who's been writing their newsletters with AI
Substack has launched a new tool that gives readers an estimate of how much of a newsletter was written with AI assistance, signaling a broader platform shift toward transparency around AI-generated content. The move reflects growing reader demand for clarity on the provenance of content they consume.
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Yope raises $12.3M to build a private social network without algorithms or ads
Yope, a social app focused on small private groups of friends and family, has raised $12.3 million in seed funding. The startup is betting on intimate, algorithm-free social networking powered by messaging, photo sharing, and AI features designed to deepen real-world relationships.
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The browser wars aren't about search anymore — here are the best alternatives to Chrome and Safari
As AI features reshape browser capabilities, a new generation of alternative browsers is challenging the dominance of Chrome and Safari. TechCrunch has compiled an overview of the top alternative browsers available in 2026 for users seeking different privacy, performance, or AI-powered experiences.
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Synthesia's AI training platform is moving beyond videos into live coaching
Synthesia has launched AI Roleplay Sessions, an interactive enterprise training platform where employees practice workplace conversations with AI avatars that deliver real-time feedback, scoring, and analytics. The move expands Synthesia's offering beyond pre-recorded AI video content into dynamic, measurable live coaching experiences.
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