The Most Expensive Dependency
37%. That's the share of Microsoft's coverage now classified as financial — about money, not products. In 2024, it was 15%. On April 2, Microsoft's AI chief confirmed what the coverage already showed: after $135 billion invested in OpenAI, Microsoft still can't build frontier models. The ratio of capital to capability is the story.
Google launches Gemma 4, its “most intelligent” open model family, purpose-built for advanced reasoning and agentic workflows, under an Apache 2.0 license
C — O — Group Product Manager, Google DeepMind — Today, we are introducing Gemma 4 — our most intelligent open models to date.
OpenAI acquires tech news show TBPN; Fidji Simo says the move aims to “help create a space for a real, constructive conversation about the changes AI creates”
TBPN staff will help with marketing and communications at OpenAI but keep their editorial independence, the ChatGPT parent says
An interview with Mustafa Suleyman on Microsoft's AI reorg, how revising its OpenAI deal “unlocked [Microsoft's] ability to pursue superintelligence”, and more
Its new transcription model is a step towards those goals, says Microsoft AI's Mustafa Suleyman.
Sources: SpaceX has filed confidentially for an IPO, putting it on track for a June listing, and could seek a $1.75T+ valuation; it would reportedly raise ~$75B
SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter …
Tim Cook discusses 50 years of Apple and it still being Steve Jobs' company, the “very accessible” Trump administration, his “consistent” values, and more
Apple's iconic CEO speaks exclusively with Esquire about fifty years of Apple history—and the future the company is continuing to create.
Cloudflare debuts EmDash, an MIT-licensed, TypeScript-based CMS built on Astro, designed as a serverless “spiritual successor” to WordPress, available on GitHub
The cost of building software has drastically decreased. We recently rebuilt Next.js in one week using AI coding agents.
Sources: Oracle has cut ~10,000 jobs in India, or ~20% of its Indian workforce, as part of a restructuring that reportedly affects 30,000 employees globally
Oracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees.
Ofcom: the share of adult UK social media users that actively post, share, or comment falls from 61% in 2024 to 49%, as users say they are being more selective
Ofcom research shows people also concerned old posts could affect personal or professional life — Social media users in the UK …
Flipboard launches Surf, an app for creating custom feeds from Mastodon, Threads, Bluesky, RSS, podcasts, and YouTube, after over a year in beta
It combines Bluesky, Mastodon, RSS, and other content into something that feels entirely new. … Surf is a slightly hard app to explain.
Alibaba releases Qwen3.6-Plus, its third proprietary, closed-source AI model it launched within three days, saying it has “drastically enhanced” agentic coding
Alibaba Group Holding Ltd. has released its third proprietary AI model in as many days, reinforcing the company's intent …
Microsoft launches in-house AI models MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2, built by its superintelligence team, as it pursues “AI self-sufficiency”
Microsoft on Wednesday launched three new foundational AI models it built entirely in-house — a state …
The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the “exclusive” authority to regulate such markets
A federal commission on Wednesday announced lawsuits against three states over its ability to exclusively regulate prediction markets.
Anthropic is racing to contain the fallout after accidentally leaking Claude Code's source code, issuing a copyright takedown request to remove 8,000+ copies
Developer issues copyright takedown request in bid to prevent competitors from cloning coding tool's features
Solana-based DeFi platform Drift warns users about an “active attack” on its protocol; Arkham data: $250M+ moved from Drift to a wallet, which now holds <$600K
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
Coinbase says it has won conditional approval from US banking regulators for a national trust company charter, which could let it issue stablecoins and more
Coinbase Global Inc., the largest US cryptocurrency exchange, said it has won conditional approval from banking regulators …
Amazon adds a 3.5% fuel and logistics surcharge to fulfillment fees for US and Canadian third-party sellers from April 17, as the Iran war drives up oil prices
How AI helped Medvi, a telehealth provider of GLP-1 weight-loss drugs with just two employees, hit $401M in 2025 sales; it's tracking for $1.8B in 2026 sales
Matthew Gallagher took just two months, $20,000 and more than a dozen artificial intelligence tools to get his start-up off the ground.
UK National Education Union poll: 66% of secondary school teachers in England have observed their pupils' critical thinking skills decline due to AI usage
Two-thirds of secondary school teachers report a decline in core abilities such as writing and problem-solving
Sources: SpaceX is floating a $2T+ valuation to prospective investors in its IPO; SpaceX's acquisition of xAI reportedly valued the combined company at $1.25T
SpaceX boosted its target IPO valuation above $2 trillion, according to people familiar with the matter, as the world's …
Google adds new features to its video editing app Vids, including directing and customizing avatars through text prompts and Veo 3.1 support
Google increases the storage of its $19.99-per-month Google AI Pro subscription plan from 2TB to 5TB at no additional cost; the 10TB tier costs $49.99 per month
Google today announced that AI Pro subscriptions now come with 5 TB of storage. — Previously, subscribers of the $19.99 per month plan got 2 TB, just like the $9.99 tier.
Franklin Templeton agrees to acquire CoinFund spinoff 250 Digital to form Franklin Crypto, which will offer strategies designed for institutional investors
Money manager's crypto investment unit will offer strategies designed for institutional investors
Sources: Amazon is in talks to acquire Globalstar to bolster its low Earth orbit satellite business; Apple's 20% stake in Globalstar is one complicating factor
Challenger: US tech sector job cuts rose 24%+ YoY to 18,720 in March, taking Q1's tech total to 52,000+; AI accounted for 25% of layoffs across all industries
Layoff announcements at technology companies continued to mount in March, leading other industries in overall US job-cut plans …
Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide
The war in Iran has exposed the need to mount a defense against foreign influence campaigns, officials and experts say.
Cursor launches Cursor 3, an “agent-first” coding product designed to compete with Claude Code and Codex by letting developers manage multiple AI agents
As Cursor launches the next generation of its product, the AI coding startup has to compete with OpenAI and Anthropic more directly than ever.
A whistleblower alleges Delve pitched a prospect on Pathways, a modified copy of open-source no-code tool SimStudio, which would violate the software's license
The controversy surrounding compliance startup Delve has gone from bad to worse this week. Among the fresh allegations …
Mental health startup Kintsugi is shutting down and open-sourcing its AI tech to detect depression and anxiety, after failing to secure FDA clearance
Instead, a mental health startup shut down and open-sourced its tech. … For the past seven years, the California-based startup Kintsugi …
OpenClaw launches an official China mirror of its ClawHub skills marketplace, with ByteDance providing the cloud servers to host the Chinese-language service
ByteDance is helping OpenClaw operate a Chinese version of its ClawHub marketplace, which distributes OpenClaw's special files that enable AI agents to perform specific tasks.
Raspberry Pi raises prices by between $11.25 and $150, citing higher memory costs after December 2025 and February 2026 hikes, and unveils a 3GB Pi 4 for $83.75
Prices are going up by over $100 in some cases thanks to those AI fools. … As of today, the price of the 16GB version …
A profile of Microsoft CFO Amy Hood, who paused some data center expansions in 2025, a decision some say led to its current supply crunch and growth bottleneck
After making a controversial call to pause some data center development last year, Amy Hood is navigating one of the toughest jobs in tech.
Source: AWS' operation in Bahrain was damaged after an Iranian strike; Bahrain earlier said the civil defence force was “extinguishing a fire in a facility”
Crypto asset manager CoinShares began trading on the Nasdaq on April 1, marking its entry into US public markets after its $1.2B SPAC merger with Vine Hill
Quick Take — CoinShares is set to begin trading on Nasdaq under the ticker symbol CSHR, following a $1.2 billion merger with special purpose acquisition company Vine Hill.
IDC: Chinese GPU and AI chipmakers captured nearly 41% of China's AI server market in 2025, significantly eroding Nvidia's share to 55%, or ~2.2M cards shipped
Chinese GPU and AI chip makers captured nearly 41% of China's AI accelerator server market last year, eroding Nvidia's once-dominant position …
Sources: AI startup Poolside held talks with Google and others to revive a Texas data center project after a CoreWeave deal and a $2B Nvidia-led round collapsed
Intel agrees to pay $14.2B to repurchase Apollo's 49% stake in the Fab 34 JV in Ireland, and plans to issue $6.5B in new debt to fund it; INTC closed up 8.84%
Sources: Chinese optics company and Nvidia supplier Innolight confidentially filed for a Hong Kong IPO that could raise $3B+; Innolight is listed in Shenzhen
Chinese optics firm Zhongji Innolight Co. has confidentially filed for a Hong Kong listing, according to people familiar with the development …
Sources: the FBI deemed a recent China-linked hack of a US surveillance system a “major incident”, meaning it poses significant risks to US national security
Anthropic's Claude Code leak reveals its “Kairos” updates, including letting Claude work in the background and using a “dream mode” to consolidate its memories
LinkedIn job posting data: companies added 640K AI-related jobs from 2023 to 2025 in the US, including 225K “head of AI” jobs, up 49% from the prior four years
AI is raising big fears about employment losses, but it is also giving rise to new engineering and training jobs
Court filing: Elon Musk and the US SEC say they are ready to move toward a trial over Musk allegedly missing the deadline to disclose his Twitter stake in 2022
Secondary share marketplaces say OpenAI shares have fallen out of favor, in some cases becoming difficult to unload, as investors pivot quickly to Anthropic
Treeline, which is building an AI and software-first alternative to legacy corporate IT systems, raised a $25M Series A led by Andreessen Horowitz
Treeline wants to rebuild corporate IT from the ground up, starting with the everyday headaches most workers barely notice until something breaks.
Docs: Intel plans to invest $15M in SambaNova, a startup chaired by Intel CEO Lip-Bu Tan, increasing Intel's stake to 9%, after a $35M investment in February
Variance, which develops AI agents for compliance and fraud investigations, raised a $21.5M Series A led by Ten Eleven Ventures and joined by YC and others
Sources: Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal that will cater to professional traders and market makers
Source: OpenAI bought TBPN, which was set to generate $30M in 2026, for “low hundreds of millions of dollars”; OpenAI says TBPN will be editorially independent
George Hammond /Financial Times:
Cognichip, which is building an AI model for chip design, raised a $60M Series A led by Seligman Ventures, with participation from new board member Lip-Bu Tan
The most advanced silicon chips have accelerated the development of artificial intelligence. Now, can AI return the favor?
Super Micro co-founder Yih-Shyan Liaw pleads not guilty to US federal charges of helping smuggle billions of dollars' worth of Nvidia-powered servers to China
Sona, which uses AI to help companies with scheduling, HR, payroll, and other workflows, raised a $45M Series B led by N47, bringing its total funding to $100M+
Sources: OpenRouter is in talks to raise $120M led by CapitalG at a $1.3B post-money valuation; it now has $50M+ in annualized revenue, up from $10M+ in Oct.
Mustafa Suleyman says Microsoft is “not able to build models in the very largest scale yet” but its “computation ramp is coming to enable us to do” it in 2026
Tech giant's AI chief says it will have the resources to build frontier systems later this year