Wednesday, May 20, 2026
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AI

Bezos Seeks $100 Billion to Buy Manufacturing Firms and Infuse Them With AI
Technology

Bezos Seeks $100 Billion to Buy Manufacturing Firms and Infuse Them With AI

The Amazon founder is in early talks to raise the largest private fund ever for acquiring industrial companies. It is connected to his secretive Project Prometheus.
5 min read 2 months ago
Anthropic Fight With Trump Administration Fractures Silicon Valley's Political Alliance
Trump

Anthropic Fight With Trump Administration Fractures Silicon Valley's Political Alliance

The Pentagon banned Anthropic over AI safeguards. Big Tech is now rallying behind the company in its lawsuit against the administration.
5 min read 2 months ago
Nvidia's Jensen Huang Proposes Paying Engineers AI Tokens Worth Half Their Salary
Technology

Nvidia's Jensen Huang Proposes Paying Engineers AI Tokens Worth Half Their Salary

The CEO said he would be 'deeply alarmed' if a $500,000 engineer did not consume at least $250,000 worth of AI compute. Nvidia envisions employing hundreds of thousands of AI agents.
5 min read 2 months ago
Alibaba Cuts 34% of Workforce in 2025 as Chinese Tech Giant Doubles Down on AI
Technology

Alibaba Cuts 34% of Workforce in 2025 as Chinese Tech Giant Doubles Down on AI

The company disposed of peripheral holdings including Sun Art and Intime to focus on cloud computing and artificial intelligence. Net income fell 66%.
5 min read 2 months ago
Patreon CEO to AI Companies: The 'Fair Use' Defense Is a Lie
AI

Patreon CEO to AI Companies: The 'Fair Use' Defense Is a Lie

Jack Conte asks the question that destroys the generative AI legal defense: If training is fair use, why are you paying Disney?
6 min read 2 months ago
PwC Partners Face Ultimatum: Embrace AI or Leave, Says US CEO Paul Griggs
AI

PwC Partners Face Ultimatum: Embrace AI or Leave, Says US CEO Paul Griggs

Anyone who thinks they can 'opt out' of AI won't be here that long, says Paul Griggs as firm launches automated platform and shifts from hourly billing
5 min read 2 months ago
Australian firms pressuring security teams to relax AI identity controls
AI

Australian firms pressuring security teams to relax AI identity controls

New data shows 90% of Australian security teams face pressure to loosen access controls, even as AI-generated attacks surge to record levels.
6 min read 2 months ago
All Roads Lead to America: The $490 Million AI Tax Australia Doesn't Know It's Paying
AI

All Roads Lead to America: The $490 Million AI Tax Australia Doesn't Know It's Paying

Australian companies are signing perpetual leases with landlords in California. The rent is paid in tokens. The building will never be ours.
12 min read 2 months ago
Anthropic Plants Flag in Sydney as Australia Emerges as Surprise AI Adoption Leader
AI

Anthropic Plants Flag in Sydney as Australia Emerges as Surprise AI Adoption Leader

The Claude maker becomes the first major US AI lab to establish a dedicated ANZ presence, citing Australia's fourth-place global ranking in AI usage.
5 min read 2 months ago
Bain Bets A$500 Million That Australia's Fragmented Wealth Market Is Ready for Rollup
AI

Bain Bets A$500 Million That Australia's Fragmented Wealth Market Is Ready for Rollup

Perpetual finally offloads its wealth unit after two years of trying. The buyer sees what the seller couldn't make work.
6 min read 2 months ago
Anthropic Sues Pentagon to Win Military Contracts Before Its $360 Billion IPO
AI

Anthropic Sues Pentagon to Win Military Contracts Before Its $360 Billion IPO

The 'safety-first' AI lab built its brand on responsible development. Now it's taking the US Defense Department to court.
6 min read 2 months ago