Technology
Amazon has taken down an internal dashboard called "KiroRank" that ranked employees based on their consumption of AI tokens, after staff began deliberately inflating their usage figures to climb the rankings, a practice that became known as "tokenmaxxing" driving up the company's......
A New Glenn rocket operated by Blue Origin exploded during an engine test Thursday night at Cape Canaveral Space Force Station, sending a large fireball into the sky and shaking nearby homes. No injuries were reported following the incident, which occurred around 9 p.m. at Launch Complex 36. Residents......
Microsoft shares rose on Thursday after reports indicated the company plans to introduce a new suite of proprietary artificial intelligence models at its annual Build developer conference scheduled for June 2 to June 3 in San Francisco. The announcements are expected to include a dedicated coding model......
AI startup Anthropic has secured a $65 billion Series H funding round at a post-money valuation of $965 billion, becoming the world’s most valuable artificial intelligence startup and overtaking rival OpenAI. The financing marks one of the largest private capital raises ever completed by a technology......
A Blue Origin New Glenn rocket exploded during an engine static fire test Thursday night at Cape Canaveral Space Force Station in Florida, sending a massive fireball into the night sky and shaking nearby residential areas. No injuries were reported after the incident, which occurred around 9 p.m. at......
Shares of AI infrastructure company Nebius Group rose sharply in premarket trading after investment fund Situational Awareness became the company’s largest shareholder, boosting investor confidence in the fast-growing artificial intelligence sector. The announcement attracted strong attention......
American news network CNN has filed a lawsuit against AI-powered search company Perplexity, accusing the firm of unlawfully distributing copyrighted journalistic content without authorization. The legal complaint marks another chapter in the growing conflict between media organizations and artificial......
Snowflake shares surged in premarket trading after the data analytics company raised its annual product revenue forecast and announced a major long-term partnership in artificial intelligence infrastructure. The company revealed a five-year agreement with Amazon Web Services (AWS) worth approximately......
Meta has officially introduced paid subscription services for its major social media platforms, including Instagram, Facebook, and WhatsApp. The announcement marks a significant step in the company’s strategy to diversify its revenue sources and reduce its heavy dependence on advertising. The......
A U.S. federal court has rejected a request by Chinese artificial intelligence company MiniMax to dismiss a copyright lawsuit filed by major American entertainment companies, including Disney, Comcast’s Universal, and Warner Bros. Discovery. The case concerns allegations that MiniMax used copyrighted......
The cloud storage company Dropbox has announced a major leadership change as co-founder and chief executive Andrew Houston prepares to step down after a transition period. The company confirmed that senior executive Ashraf Alkarmi will first serve as co-CEO before becoming the sole chief executive officer.......
Shares of Micron Technology surged sharply after financial analysts at UBS significantly increased their target price for the company’s stock. The upgrade reflects growing optimism surrounding the global artificial intelligence industry and the rising demand for advanced memory chips. The semiconductor......
Investment firm I Squared Capital has announced the acquisition of 10 data center facilities from Cogent Fiber in a deal valued at $225 million, reinforcing growing global investment in artificial intelligence infrastructure. The company stated that the facilities will serve as the foundation for a......
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