Pentagon Signs Classified AI Deals With Six Tech Giants, Excludes Anthropic
The Pentagon reaches agreements with six top AI companies to expand classified work, but Anthropic is left out amid security review disputes.
AI
Apple iPhone 17 Becomes 'Most Popular Ever' as Sales Soar Before Cook's Departure
Apple reports record Q1 revenue of $111 billion, up 17% year-over-year, with iPhone 17 becoming the company’s most popular product launch ever.
Anthropic Eyes $900B+ Valuation in Funding Round That Could Close Within Two Weeks
Multiple sources say Anthropic is raising a new funding round at a potential valuation exceeding $900 billion, with the deal possibly closing within two weeks.
Musk v. Altman Trial Day 4: Elon Musk Admits He Didn't Read 'Fine Print' on OpenAI's For-Profit Transition
On day four of the Musk v. Altman trial, Elon Musk admitted he did not read the fine print when signing documents related to OpenAI’s transition from nonprofit to for-profit status.
Apple Mac Mini and Mac Studio Face Months-Long Supply Shortage as AI Demand Surges
Apple acknowledges that Mac Mini and Mac Studio desktops are facing severe supply shortages driven by unexpected AI demand, with consumers facing wait times of several months.
Apple Reports 'Extraordinary' iPhone Demand as Tim Cook Prepares to Step Down
Apple reports Q1 2026 revenue of $111 billion, up 17% year-over-year, with China sales surging 28%. Cook calls iPhone 17 the ‘most popular launch in Apple’s history’ as he prepares to hand over the CEO role to John Ternus in September.
Apple Reports 'Extraordinary' iPhone Demand as Tim Cook Prepares to Step Down
Apple reported Q1 revenue of $111bn, up 17% year-on-year, with China sales growing 28%. Outgoing CEO Tim Cook called iPhone demand ’extraordinary,’ setting a quarterly sales record.
Anthropic Could Raise $50 Billion at $900 Billion Valuation, Setting AI Industry Record
Anthropic has received multiple preemptive offers to raise approximately $50 billion at a valuation of $850-900 billion, potentially its final private round before an IPO.
Finding 'Hidden Sperm': AI Offers Hope to Men Previously Told They Were Infertile
BBC reports that AI technology is helping doctors detect previously missed sperm in semen samples from men diagnosed with azoospermia, bringing new hope to millions of infertile men worldwide.
US Big Tech AI Spending Set to Surpass $700 Billion This Year, a New Record
Bloomberg reports that US tech giants’ AI-related spending is projected to exceed $700 billion in 2026, setting a new record as the global AI race continues to accelerate.