The deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $30 billion. The arrangement locks Anthropic into AWS’s Trainium chips through Trainium4 and secures up to 5 gigawatts of compute capacity for Claude. Amazon has agreed to […]
Summary: Tim Cook is stepping down as Apple CEO on 1 September after nearly 15 years, during which Apple’s market capitalisation grew from $348 billion to roughly $4 trillion and annual revenue quadrupled to $416 billion. John Ternus, the 50-year-old SVP of hardware engineering who oversees roughly 80% of Apple’s revenue-generating products, will become the […]
Summary: WhatsApp has begun testing a paid consumer subscription called WhatsApp Plus at approximately EUR 2.49 per month, offering cosmetic upgrades including 18 chat themes, custom icons, exclusive ringtones, and expanded pinned chats, following Instagram Plus which launched in three markets on 30 March. The subscriptions represent Meta’s first simultaneous consumer-facing paid tiers across its […]
Summary: Google is building the AI industry’s most diversified custom chip supply chain, with four design partners (Broadcom, MediaTek, Marvell, Intel) and a roadmap stretching from the Ironwood TPU now shipping in the millions to TPU v8 chips at TSMC 2nm in late 2027. The strategy, detailed ahead of Google Cloud Next, splits the next […]
Summary: Elon Musk failed to appear for a voluntary interview with Paris prosecutors investigating Grok’s generation of an estimated 23,000 sexualised images of children and 3 million sexualised images overall over an 11-day period, as the US DOJ refused to assist the French probe. The case, which covers five suspected criminal offences including complicity in […]
The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lumina into AirTrunk, Blackstone gives its Asia-Pacific data centre platform a foothold in India’s hyperscale market without a third-party acquisition. Terms were not disclosed. AirTrunk, […]
Siemens, Nvidia, and UK robotics startup Humanoid have successfully deployed an AI-powered wheeled humanoid robot in live logistics operations at a Siemens electronics factory in Germany. The HMND 01 Alpha completed over eight hours of autonomous tote-handling at 60 moves per hour with a pick-and-place success rate above 90%, and was integrated directly into Siemens’ […]
AI coding adoption is exploding. But most engineering leaders are still measuring usage instead of outcomes. That creates a costly blind spot. There is a question that nobody in the AI industry wants you to ask. Not OpenAI. Not Anthropic. Not Google. Not the dozens of startups selling AI coding agents to your engineering team. […]
Australia’s markets regulator has publicly confirmed it is watching the development of Anthropic’s Mythos model alongside peer regulators worldwide, adding to a rapidly expanding international regulatory response that began with the Bank of England, the US Federal Reserve, and the Treasury Department. ECB President Lagarde has warned no governance framework is yet in place. The […]
The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billion. The raise will fund accelerated development of the S4 Western Sydney campus, where contracted […]
