AI

In a landmark ruling, a Chinese court determined that companies firing employees to replace them with AI technology is illegal, sparking global debate on AI and labor relations.

The US Department of Defense reaches agreements with 7 leading tech companies to deploy their AI systems on classified networks, but Anthropic is left out over security review concerns.

The Pentagon reaches agreements with six top AI companies to expand classified work, but Anthropic is left out amid security review disputes.

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.

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.

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 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 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 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 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.