xAI has a novel argument for why it should get to keep building tools that digitally undress people. The First Amendment. Elon Musk’s AI company, now owned by SpaceX, sued Minnesota’s attorney general on Monday, CBS News first reported. It wants a fede…
BuzzFeed bet on AI to rescue itself. This week it laid off another third of its staff. The bet, it turns out, was never the thing that could save it. The company cut about 180 jobs on Monday, roughly a third of its remaining workforce, the New York Tim…
Six months ago, Anthropic was the darling of America’s AI boom. It led on the models and was loudest on the ethics. This summer, it finds itself alone. The Claude maker is now the odd one out in nearly every big AI policy fight, Axios reported. It is t…
Shein wanted its Hong Kong listing to be about growth. Instead, the filing meant to sell that story revealed a US regulator is investigating the company, and Shein will not say why. The disclosure sits in the draft prospectus for Shein’s planned IPO, R…
The Trump administration spent Tuesday clearing environmental law out of the way of the tech boom. It did so twice, on two fronts, with the same justification. The first move exempts data centres from the rules meant to stop acid rain. The second frees…
Apple has become the second company in history worth $5tn. It got there by being the one big-tech giant that refused to bet its balance sheet on AI. The iPhone maker briefly touched a $5.04tn market value on Tuesday. Shares hit a session high of $342.8…
The most disturbing corporate harassment campaign in recent tech history has a price. eBay and three of its former executives will pay nearly $56m to the couple they set out to destroy for writing a critical newsletter. David and Ina Steiner of Natick,…
The most expensive part of AI coding is no longer the model. It is the software wrapped around it, and enterprises have started to notice. The immediate fight is over price. Cursor, the AI coding tool SpaceX has agreed to buy for $60bn, moved most cust…
PayPal finally addressed the $53bn offer sitting on its table. Its answer was: not at that price. The company gave its first public response on Tuesday’s Q2 earnings call, alongside a beat. Chief executive Enrique Lores would not comment on Stripe and …
Fish Audio, a Palo Alto voice-AI startup, has raised $52m in a round it still calls a seed, first reported by TechCrunch. It arrives at a company with an unusual shape. It gives its best models away, and charges for the wiring around them. The startup …