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Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the company to $13 billion. Anthropic, for its part, has agreed to spend over $100 billion on AWS over the next 10 years, obtaining up to 5 GW of new computing capacity to train and run…
More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative use case for the technology. Although multiple companies — including Anthropic, maker of Claude Code, as well as Cursor and Cognition — are already vying for dominance, investors believe there is room for at least…
IBM entered into a $17 million settlement agreement on Friday with the U.S. Department of Justice over allegations that it engaged in “illegal DEI practices” by taking into account “race, color, national origin, or sex” in its hiring and promotions. The DOJ also alleged that IBM used funds from its government contract for DEI programs and then…
Microsoft is shutting down Outlook Lite on May 26, the company confirmed to TechCrunch on Monday. Launched in 2022, Outlook Lite is a lightweight version of the regular Outlook app, designed for Android phones with limited storage and regions with slower internet connections. The app had already been scheduled for retirement — Microsoft announced last…
Intel will join SpaceX and Tesla in an effort to build a new U.S. semiconductor factory in Texas, although the scope of its contributions are unclear. “Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and…
Asia AI data center provider Firmus on Monday announced a fresh $505 million raise led by Coatue at a $5.5 billion post-money valuation. With this round, Firmus has raised $1.35 billion in six months, it says. The Singapore-based data center company previously raised AU$330 million (approximately $215 million) at an AU$1.85 billion ($1.2 billion) valuation from investors, including…
U.S. auto safety regulators closed its investigation into Tesla’s remote parking feature, known as “Actually Smart Summon,” after finding crashes were rare, at low speed, and not severe. The National Highway Traffic Safety Administration (NHTSA) said in its update on Friday that its closing of the investigation does not constitute a finding that a safety-related…
As data centers have grown and proliferated, so too has the backlash. A new Harvard/MIT poll found 40% of people supported the building of a data center in their area, with 32% opposed when asked about the building of different industrial facilities in their neighborhoods. One fun tidbit from the survey, per Axios: More people…
Anthropic has filed documents to create a new political action committee — a sign that, like its peers, the AI lab is committing significant resources toward influencing policy and regulation. AnthroPAC plans to make contributions to both parties during the midterms, including to current D.C. lawmakers and rising political candidates. The PAC will be funded…
The total workforce at Tesla’s factory outside Austin, Texas shrunk dramatically last year as the company suffered its second straight year of declining sales, according to a compliance report spotted by Austin American-Statesman. Tesla went from employing 21,191 people at the factory in 2024 to 16,506 workers in 2025, a drop of 22%. That’s despite…