The AI search darling that promised to disrupt Google just got caught allegedly feeding user data back to Google and Meta. Perplexity AI faces a lawsuit accusing it of secretly sharing user data with Meta and Google, violating California privacy laws
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OpenAI just closed $122 billion in commitments, but only a fraction hits the bank account now. OpenAI finalized a massive funding round with $122 billion in total commitments, though most of the capital won't arrive immediately
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Microsoft is about to write a $7 billion check to own its own power plant in Texas, and that tells you everything about where AI infrastructure is heading.
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OpenAI just raised $122 billion at an $852 billion valuation, and the check isn't for software developers. OpenAI closed a $122 billion funding round at an $852 billion valuation, the largest in the company's history
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Anthropic just accidentally showed the world how their coding agent actually works, and the leak suggests they're building capabilities they haven't announced yet. Anthropic leaked source code for Claude Code, exposing internal architecture and references to unreleased models
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The CEO who prints money for the AI economy just told us his real customer isn't cloud providers or chipmakers, it's Donald Trump.
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The UK just put Microsoft's licensing playbook under a microscope, and Copilot is front and center. Microsoft's business software ecosystem faces a UK antitrust probe starting in May targeting licensing practices for Word, Excel, and AI app Copilot
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When Nvidia trades cheaper than it did in 2018 and Amazon looks like a worse bet than Walmart, the market is telling you something about AI's economics.
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Americans are using AI more and trusting it less, a paradox that tells you everything about where we are in 2026. A new Quinnipiac poll shows AI adoption climbing in the U.S. while trust in the technology simultaneously drops, with most Americans voicing concerns about transparency and regulation
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Microsoft just showed its hand: the future of enterprise AI isn't picking sides, it's orchestrating multiple models like instruments in a band. Microsoft launched new Copilot 365 features that combine OpenAI and Anthropic models in a single workflow, not as alternatives but as sequential tools
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AI is writing more code than humans now, and nobody's sure if any of it works. Qodo just raised $70M to build verification tools for AI-generated code as production systems fill with machine-written software
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Big Tech is racing to put AI doctors in your pocket, but nobody's asking the uncomfortable question: do these things actually work? Microsoft launched Copilot Health and Amazon expanded Health AI beyond One Medical, flooding consumer markets with LLM-based medical advisors
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Big Tech just showed up to the energy industry's biggest conference and started writing checks that make the oil barons look like they're playing with allowance money.
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Europe's AI champion just bet $830 million that sovereignty matters more than subsidies. Mistral AI raised $830M in debt financing to build a data center near Paris, targeting Q2 2026 operations This is debt, not equity, meaning Mistral is borrowing against future revenue to own infrastructure
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Meta just shed $310 billion in market cap in a week, and the panic isn't about missed earnings or ad revenue dips. Meta lost 11% of its value last week, erasing $310 billion in market cap despite starting 2026 as the hottest Big Tech stock
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The CEO of a $3 billion industrial software company just called AI job fears "an overreaction" while his entire industry rewrites itself in real time.
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Midjourney crossed $200 million in revenue in 2023 with zero venture capital, and somehow that's the *least* interesting part of this story. Midjourney's revenue "significantly surpassed" $200 million in 2023 and has grown since, according to CEO David Holz. The company is profitable.
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OpenAI just admitted it's been building too many things that don't matter. OpenAI exec Fidji Simo told staff the company needs to refocus on business customers and "cut down on side quests", signaling a strategic retreat from consumer product sprawl
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Meta just made its CTO the internal AI czar, and the org chart tells you everything about where Big Tech thinks the real AI value is. Meta's CTO Andrew Bosworth now leads "AI for Work," making him responsible for Meta's shift to an "AI-first organization"
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Arm just stopped being Switzerland in the chip wars. Meta and OpenAI committed to buying Arm's first AI server chip, marking Arm's pivot from IP licensor to hardware manufacturer The CPU is designed to handle AI workloads more efficiently than GPUs, targeting data center infrastructure
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