OpenAI CEO Sam Altman announced late on Friday that his company has reached an agreement allowing the Department of Defense to use its AI models in the department’s classified network. This follows a high-profile standoff between the DoD — also known under the Trump administration as the Department of War …

It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that …

Anthropic’s chatbot Claude seems to have benefited from the attention around the company’s fraught negotiations with the Pentagon. As first reported by CNBC, as of Saturday afternoon, Claude is currently ranked number two among free apps in Apple’s US App Store — the number one app is OpenAI’s ChatGPT, and …

The streaming and entertainment industry just witnessed one of its most high-stakes megadeals ever, stunning industry observers. Not only is it historic in its size, but it is also predicted to disrupt Hollywood and the media business as we know it. After years of Warner Bros. Discovery struggling under the …

Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were being financially disciplined. Now reporting in …

Friday afternoon, just as this interview was getting underway, a news alert flashed across my computer screen: the Trump administration was severing ties with Anthropic, the San Francisco AI company founded in 2021 by Dario Amodei. Defense Secretary Pete Hegseth had invoked a national security law to blacklist the company …

Plaid, a company that connects financial applications to users’ bank accounts, enabling payments and data verification, has allowed employees to sell some of their shares at an $8 billion valuation, the company confirmed to TechCrunch on Thursday. The valuation represents a 31% increase from the $6. 1 billion valuation the …

Ultrahuman on Friday unveiled a new smart ring with longer battery life and a redesigned form factor, as the Bengaluru-based wearable maker seeks to revive its U. business that was disrupted last year by a patent dispute with rival Oura. The Ring Pro, Ultrahuman’s third-generation smart ring, offers up to …

After years of appeals, Google has finally received conditional approval to export high-precision geographic information out of South Korea, a move that opens the door to let the company provide proper Google Maps services in the country, such as walking and real-time driving directions. The move reverses a long-standing policy …

OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. …