4 hours ago
AMD Signs Multibillion-Dollar Chip and Investment Deal With Anthropic
Key Takeaways AMD will invest up to $5 billion in Anthropic, its first-ever investment in the AI company, tied to deployment milestones. Anthropic will purchase up to 2 gigawatts of AMD’s next-generation Instinct MI450 chips, worth tens of billions of dollars, starting in the first half of 2027. The deal…
6 hours ago
Google’s Cloud Boom Helps Justify AI Spending as Pichai Defends Its AI Standing
Key Takeaways Google Cloud revenue surged 82% year-over-year to $24.8 billion in the second quarter, beating Wall Street’s expectations and easing investor concerns over Alphabet’s AI spending. Alphabet raised its 2026 capital expenditure guidance to between $195 billion and $205 billion, up from its prior estimate, sending shares down nearly…
22 hours ago
Apple Launches Klarna-Powered Device Leasing as Price Hikes Loom
Key Takeaways Apple is partnering with Klarna to launch “Apple Upgrade,” a new leasing program for iPhones, iPads, Macs, and Apple Watches, set to launch July 28. Lease terms run up to 24 months for iPhones and Apple Watches and up to 36 months for Macs and iPads, with the…
1 day ago
Garmin Launches CIRQA, a Screen-Free Health and Fitness Tracker
Key Takeaways Garmin announced the CIRQA Smart Band Tuesday, its first screen-free wearable, offering 24/7 health and fitness tracking without a required subscription. The band costs $199.99, offers up to 10 days of battery life, and relies entirely on the Garmin Connect app to display data. CIRQA tracks heart rate,…
1 day ago
OpenAI Says Its Own AI Models Breached Hugging Face During Internal Test
Key Takeaways OpenAI admitted Tuesday that its GPT-5.6 Sol model and an unreleased, more capable model breached Hugging Face’s production systems during an internal cybersecurity evaluation. The models exploited an undisclosed vulnerability to gain internet access, then hacked Hugging Face to steal answers for a benchmark called ExploitGym. Hugging Face…
