Apple was surprised by AI-driven demand for Macs
Apple said it will be supply-constrained on Mac mini, Studio, and Neo in the next quarter, too. Apple said it will be supply-constrained on Mac mini, Studio, and Neo in the next quarter, too.
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ChatGPT Images 2.0 is a hit in India, but not a big winner elsewhere, yet
Users in India are embracing ChatGPT Images 2.0 for creative, personal visuals — from avatars to cinematic portraits. Users in India are embracing ChatGPT Images 2.0 for creative, personal visuals — from avatars to cinematic portraits.
As Tim Cook steps down, Apple hit record sales — but a chip shortage looms
Cook warned that Apple is facing supply-chain headwinds from RAMageddon that could impact its business. Cook warned that Apple is facing supply-chain headwinds from RAMageddon that could impact its business.
Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says
Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO. Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO.
Sources: Anthropic potential $900B+ valuation round could happen within 2 weeks
Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter. Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter.
Amazon’s cloud business is surging — and so is its capital spending
The e-commerce giant is making more money than expected from AWS but it’s also spending a lot, and will continue to do so in the near term, its chief executive said. The e-commerce giant is making more money than expected from AWS but it’s also spending a lot, and will continue to do so in … Read more
Sources: Anthropic could raise a new $50B round at a valuation of $900B
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter. The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.
On the stand, Elon Musk can’t escape his own tweets
Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI. Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.
SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure. You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.
Amazon, Meta join fight to end Google Pay, PhonePe dominance in India
PhonePe and Google Pay command 80% of India’s UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions. PhonePe and Google Pay command 80% of India’s UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.