Apple Concedes Ground on App Store as Regulators Chip Away at Services
The admission arrived inside the dense language of a securities filing, easy to miss and hard to overstate. Apple, for the first time, told investors that regulatory changes have forced…
Wispr Raises $280 Million as Voice Becomes AI’s Next Interface
SAN FRANCISCO — The pitch to investors was short: keyboards are a bottleneck. Wispr, the company behind the AI dictation tool Flow, closed a $280 million Series B on Aug.…
European Central Bank Warns an AI Market Correction Is Coming
FRANKFURT — The blog post was written in the careful, hedged language of central bankers, but its message was direct: the market for AI assets has gotten ahead of itself,…
Thrive Capital’s First Letter Warns of AI Hype While Trimming OpenAI
NEW YORK — Joshua Kushner’s first formal letter to investors reads like the note of a man who has seen the top of the market before. Thrive Capital, the venture…
xAI Pushes Grok Into GitHub Copilot While Deepfake Suits Mount
SAN FRANCISCO — Two days after releasing Grok 4.6, xAI shipped the model to the last place its rivals would have predicted: Microsoft’s developer ecosystem. On Aug. 14, Grok 4.6…
A 25-Year-Old Dropout Becomes Europe’s Youngest Self-Made Billionaire
LONDON — James Dacombe left school at 16, started his first company while his classmates were sitting exams, and now, at 25, he has a net worth that would make…
Brockman Dismisses OpenAI Exodus: ‘I Don’t Think It’s Really That Abnormal’
SAN FRANCISCO — In the past week, OpenAI’s head of revenue left less than a year into the job, and the company named a replacement from outside. The departures have…
Claude Outage Hits Anthropic for 36 Minutes in IPO Run-Up
SAN FRANCISCO — For about half an hour on Sunday, one of the most valuable private companies in technology could not get its own product to work. Anthropic’s Claude service…
SanDisk’s 80 Percent Margin Target Puts Memory Peers in the Spotlight
NEW YORK — SanDisk’s chief executive stood before analysts on Aug. 13 and laid out a future most memory makers would have considered fantasy two years ago: adjusted gross margins…
Uber Bets on Zipline Drones to Redraw the Last Mile
SAN FRANCISCO — Dara Khosrowshahi has spent a decade arguing that Uber is a logistics company, not a car company. On Monday he put that argument in the air: Uber…
