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Universal Music licenses artist voices for generative AI

The music giant turns to authorized fan creation after years of courtroom battles against tech startups.

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Tech Business

X opens digital banking to nonpaying users

Social network X is opening interest-paying digital bank accounts and debit cards to unpaid members, but universal access remains incomplete.

AI Models

DeepSeek pursues unsealed 50 billion yuan raise

Chinese artificial intelligence startup DeepSeek targets a multibillion-dollar funding round and a $1 billion sales pace that remain unconfirmed by company filings.

Data Centers

Bain warns AI boom requires $6 trillion

Massive computing center spending risks historic capital losses unless annual artificial intelligence sales surge fourfold by 2031.

AI Models

AMD buys World Labs for $8.2 billion

Chipmaker Advanced Micro Devices agreed to purchase the spatial intelligence startup in an all-stock transaction to bolster its software and hardware against Nvidia.

Tech Business

Apple faces record $5.7 billion patent hit

A federal jury ordered Apple to pay billions over iPhone and Apple Watch vibration features, handing a massive windfall to a litigation backer.

Tech Business

US fights EU over 120 million euro fine

The United States stepped into European court to protect Elon Musk and social network X from an unprecedented regulatory penalty.

AI Safety

Trump blocks OpenAI push for global safety rules

The White House rejected an industry blueprint for international standards on recursive artificial intelligence, prioritizing domestic speed over multilateral constraints.

Tech Business

OpenAI confronts a 278 billion cash hole

A reported internal forecast shows the ChatGPT maker expects to burn 278 billion dollars through 2030 as computing bills outpace sales.

Politics

Meta challenges UK safety tier to block fines

American technology conglomerate Meta has launched a legal appeal against British media and communications regulator Ofcom over its enforcement of the UK Online Safety Act.

Politics

Trump hosts Xi to avert trade war

Leaders face an expiring tariff truce and unresolved technology disputes as Washington opens its first Chinese state summit in over a decade.

Tech Business

Shopify buys Tailwind Labs to save web design tool

The e-commerce giant acquired the maker of Tailwind CSS, keeping the popular software free while absorbing its team after artificial intelligence crippled its sales.

Chips & Compute

Apple raises phone prices by $100

Soaring costs for basic memory chips force handset makers to pass expenses directly to consumers.

Data Centers

OpenAI and Anthropic seek smaller 30 MW sites

Artificial intelligence leaders OpenAI and Anthropic are chasing fast 20 to 30 megawatt leases across the West to bypass multi-year power grid backlogs.

Markets

Elon Musk leaves merger door open for Tesla and SpaceX

Billionaire entrepreneur Elon Musk has once again ignited intense Wall Street speculation by refusing to rule out a corporate merger between two of his flagship companies, electric vehicle manufacturer Tesla and aerospace firm SpaceX.

Tech Business

Bending Spoons buys Miro for $1.355 billion

Milan software buyer Bending Spoons agreed to buy online whiteboard maker Miro in cash, marking a sharp reset from pandemic-era tech valuations.

Chips & Compute

Fortaegis raises fifty million dollars to secure silicon chips

The Amsterdam-based technology startup Fortaegis has secured fifty million dollars in a Series A funding round to advance hardware-rooted cryptographic authentication for digital networks and autonomous systems.

Tech Business

Apple tests Indian buyers with steep price

Apple released its top-tier smartphones in India on the same day as global markets, drawing overnight lines despite high entry costs.

Tech Business

X Lifts Hood on For You Feed

Elon Musk's social network exposes core ranking weights and moderation code, but stops short of full verification.

AI Models

OpenAI cuts voice fees with catch

OpenAI added duplex speech to its developer catalogue for five cents a minute while pushing complex computing into separate charges.

Tech Business

OpenAI shuts out rival image ads

Marketing partners received private notices that promotions for competing software are barred across ChatGPT.

AI Agents

Meta buys Stilla to run shopping bots

The social media giant agreed to acquire the Swedish workplace startup to turn customer chat apps into retail checkout engines.

AI Agents

Meta takes rock band Muse social handles

British rock band Muse ceded its longtime @muse accounts to Meta Platforms so the tech giant could launch an artificial intelligence tool with the same name.

Robotics

Krafton bets $250M on Indian robotics push

South Korean video game publisher doubles its direct investment to pivot from mobile titles to physical artificial intelligence and deep technology.

Tech Business

IFA Berlin Tests Tech’s Big AI Gamble

Europe’s premier tech showcase returns with 1,900 exhibitors, but readiness gaps separate store shelves from laboratory dreams.

Tech Business

DJI Pushes 360 Action Cameras to 8K

DJI launched the Osmo 360 II across Europe and Asia with swappable lenses, while leaving the United States off its release schedule.

Tech Business

Apple names Ternus chief as Cook stays

John Ternus takes charge of Apple under a fifty-five million dollar stock incentive while Tim Cook remains board chair.

Tech Business

Moonshot tests Hong Kong stock debut

Chinese artificial intelligence startup Moonshot AI has filed confidential papers to sell shares in Hong Kong, moving toward public markets as its private valuation reaches fifty billion dollars.

Tech Business

X cuts creator payouts for copied posts

Social media platform X is changing its creator pay program to reward original work seen by subscribers while penalizing reposts and aggregation.

Tech Business

Stripe buys OpenRouter amid 9% weekly token growth

Stripe has agreed to buy OpenRouter, a service that lets developers use hundreds of artificial-intelligence models through one connection, as it builds billing infrastructure for AI.

Tech Business

Anthropic May Give Founders Extra Votes Before IPO

Anthropic, the San Francisco artificial-intelligence company behind Claude, has not said its founders already hold the added voting power, and the terms remain undisclosed.

Tech Business

Anthropic Q2 Revenue Tops OpenAI at $11.6 Billion

The Wall Street Journal reported Anthropic generated $11.6 billion in the second quarter of 2026, against $6.7 billion for OpenAI in the same three months ended June.

Tech Business

Higgsfield Raises $400 Million for AI Video Push

Higgsfield, a San Francisco company that makes AI tools for creating video and images, has raised a $400 million Series B led by DST Global at a stated $5.4 billion valuation.

Tech Business

Stripe agrees OpenRouter takeover with price unsettled

Stripe, the financial-technology company behind payment and billing systems for internet businesses, has agreed to buy OpenRouter, a New York startup that lets developers reach hundreds of artificial-intelligence models through one connection.

Tech Business

OpenAI tops $40 billion as enterprise leads

OpenAI's current sales pace would exceed $40 billion over a year, Bloomberg reported, as enterprise customers overtake consumers while the company's costs remain far less clear.

Tech Business

Databricks raises $5 billion to stay private

Databricks has raised $5 billion at a $190 billion valuation, giving the San Francisco data and artificial-intelligence software company more money to expand without going public.

AI

Biden curbs US tech funds flowing to China

Landmark Treasury rules blocking American money from advanced Chinese chips, quantum tools and artificial intelligence took effect in January 2025.