Technology

Anthropic launched Claude Design, an AI tool that generates website mockups, prototypes, slide decks, and one-pagers from a single text prompt. The outputs are editable within the tool itself, reducing the need to switch to separate design apps.

Intel shares surged 25% while Meta announced a 10% workforce cut and Microsoft offered employee buyouts, all on the same day. The moves reflect big tech's push to control costs and redirect spending toward AI as the post-pandemic hiring boom unwinds.

The Pentagon has cleared OpenAI, Google, Microsoft, Amazon, Nvidia, xAI, and startup Reflection to provide AI tools for classified use, while dropping Anthropic over a supply-chain risk designation.

Anthropic is asking investors to submit allocations within 48 hours for a funding round that could close within two weeks at a valuation above $900 billion. The deal would make Anthropic one of the most valuable private companies globally. No final size or valuation has been officially confirmed yet.

OpenAI announced a multi-year strategic partnership with Amazon and AWS on Monday, bringing its latest AI models to AWS customers. The deal follows OpenAI and Microsoft revising their arrangement to a non-exclusive structure, freeing OpenAI to work with other cloud providers.

Apple is expected to post roughly 20% iPhone revenue growth in its latest earnings report. The results land as CEO Tim Cook has announced he is leaving, making leadership transition a key backdrop. Strong iPhone numbers could steady investor confidence during the changeover.

Anthropic is considering a new funding round that would value the Claude AI maker at over $900 billion, Bloomberg News reported. If completed at that figure, it would mark one of the highest private company valuations on record. No terms or lead investors have been confirmed yet.

Google has agreed to invest up to $40 billion in Anthropic, expanding an existing partnership with the Claude AI maker. The deal makes Google one of Anthropic's largest backers while the search giant also competes with Anthropic's models through its own Gemini platform. The move mirrors Microsoft's deep investment in

The U.S. Department of Commerce ordered chip equipment firms, including Lam Research and Applied Materials, to halt tool shipments to China's Hua Hong Semiconductor. The move targets Hua Hong's advanced chip production, including AI chips, and marks an expansion of U.S. export controls beyond top-tier Chinese fabs.

Microsoft is losing exclusive access to OpenAI's technology, ending a preferential arrangement that underpinned its AI push across Azure, Copilot, and Bing. Other companies can now potentially access OpenAI models on equal terms, increasing competition in AI cloud services.

Reliance Industries has secured approval to invest $17 billion in a 1.5 GW data centre cluster in Visakhapatnam, making it the largest data centre investment in India so far. The project includes a captive 9,000 MW-peak solar power setup and will be built in two phases through 2030. It is part of RIL's broader ₹10 lakh

Andhra Pradesh CM Chandrababu Naidu laid the foundation for a Google hyperscale AI data centre in Visakhapatnam worth ₹1.35 lakh crore. The 1-Gigawatt facility on 601.4 acres at Tarluvada is one of India's largest single FDI projects. It is part of Google's $15 billion commitment to the state.

Google broke ground on a $15 billion AI data center campus in Visakhapatnam, India, its largest such facility outside the US. The gigawatt-scale hub will power services like Gemini and Google Search, and also serve as a new submarine cable landing point linking India to Singapore. The project was first announced in

China has ordered Meta to unwind its roughly $2 billion acquisition of AI agent startup Manus following a months-long probe. The block directly disrupts Meta's strategy to expand into AI agents through acquisitions. Meta must now pursue that capability through internal development or a new deal.

Google has signed a classified AI contract with the US Pentagon, The Information reports. The deal's financial terms and scope are undisclosed due to its classified status. It marks a significant shift for Google, which stepped back from Pentagon AI work in 2018 after internal employee protests.

OpenAI has ended its exclusive cloud deal with Microsoft, opening the door to partnerships with Amazon and Google. The change lets OpenAI spread its computing workloads across competing cloud platforms, potentially cutting costs and boosting its negotiating power. Formal deals with AWS and Google Cloud are expected to

OpenAI is capping the revenue share payments it makes to Microsoft, reshaping the financial terms of their partnership. The change reduces Microsoft's long-term claim on OpenAI's revenues, which could affect how investors value both companies. The shift follows OpenAI's move toward a for-profit structure announced last

Ineffable Intelligence, founded by a former Google DeepMind researcher, has raised $1.1 billion in seed funding at a $5.1 billion valuation. The round is a record for seed-stage fundraising and signals how aggressively investors are betting on early AI ventures. No product details have been disclosed.

Elon Musk's lawsuit against OpenAI and Sam Altman goes to trial this week, with a jury set to issue an advisory verdict on claims of fraud and breach of charitable trust. The outcome could block OpenAI's IPO, force leadership changes, or alter its corporate structure. OpenAI is valued at over $850 billion and aims to

Microsoft and OpenAI have ended their exclusive deal and revenue-sharing arrangement, unwinding a core part of their multi-billion dollar partnership. OpenAI can now distribute its models through other cloud providers and partners, reducing Microsoft's privileged commercial position. The full terms of any remaining