Block says it is laying off 4,000+ of its 10,000+ employees, saying AI tools have changed “what it means to build and run a company”; XYZ jumps 15%+
Block said Thursday it's laying off more than 4,000 employees, or about half of its headcount.
Block reports Q4 revenue up 4% YoY to $6.25B, gross profit up 24% to $2.87B, driven by a 33% surge in Cash App, and forecasts Q1 gross profit up 22% to $2.8B
Block (XYZ.N) on Thursday said it will cut over 4,000 jobs, nearly half its workforce, as part of an overhaul …
President Trump calls Anthropic a “radical left, woke company” and says he is directing every federal agency in the US to stop using its products
The Trump administration has decided to blacklist Anthropic in the most consequential and controversial policy decision to date …
Dario Amodei says Anthropic cannot “in good conscience” accede to DOD's request to remove safeguards and will work to ensure a smooth transition if offboarded
I believe deeply in the existential importance of using AI to defend the United States and other democracies, and to defeat our autocratic adversaries.
A look at the 2026 Super Bowl ads from Anthropic, Meta, Amazon, Google, and others, as AI continued to take center stage in ad creation and AI product promotion
Following last year's trend of showcasing AI in multimillion-dollar ad spots, the 2026 Super Bowl advertisements took it a step further …
Sam Altman says Anthropic's Super Bowl ads are funny but “dishonest”, and Anthropic serves a “product to rich people” while OpenAI is “committed to free access”
First, the good part of the Anthropic ads: they are funny, and I laughed. But I wonder why Anthropic would go for something so clearly dishonest. Our most important principle for a...
Anthropic says “Claude will remain ad-free”, its users “won't see ‘sponsored’ links adjacent to” conversations, and responses won't be influenced by advertisers
There are many good places for advertising. A conversation with Claude is not one of them.
Anthropic says “Claude will remain ad-free”, its users “won't see ‘sponsored’ links adjacent to” conversations, and responses won't be influenced by advertisers
There are many good places for advertising. A conversation with Claude is not one of them.
SpaceX acquires xAI; sources say the all-stock deal values the combined company at $1.25T, with SpaceX valued at $1T and xAI at $250B; xAI burns ~$1B per month
Elon Musk's SpaceX has acquired xAI, in a deal that encompasses the billionaire's increasingly costly ambitions to dominate artificial intelligence and space exploration.
SpaceX acquires xAI; sources say the combined company is expected to price shares at ~$527 each in a potential IPO and would have a valuation of $1.25T
Elon Musk plans to merge SpaceX with xAI, according to people familiar with the matter, in a deal that encompasses the billionaire's …
Anthropic's Claude Cowork launch revives investor fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley's SaaS index is down 15% YTD
The new year was supposed to bring opportunities for beaten-down software stocks. Instead, the group is off to its worst start in years.
Anthropic's Claude Cowork launch has revived fears about disruption that weighed on SaaS stocks in 2025; Morgan Stanley SaaS index is down 15% so far in 2026
OpenAI plans to test ads below ChatGPT replies for users of free and Go tiers in the US; source: OpenAI expects to make “low billions” from ads in 2026
$500bn start-up seeks ways to fund expansion and fend off competition from rivals Google and Anthropic
OpenAI plans to test ads below ChatGPT replies for users of free and Go tiers in the US; source: OpenAI expects to make “low billions” from ads in 2026
$500bn start-up seeks ways to fund expansion and fend off competition from rivals Google and Anthropic
OpenAI will match ads to conversation topics using some personalization data, but says it will not sell user data or expose user conversations to advertisers
OpenAI says ads will not influence ChatGPT's responses, and that it won't sell user data to advertisers.
OpenAI plans to test ads below ChatGPT replies for users of free and Go tiers in the US; source: OpenAI expects to make “low billions” from ads in 2026
$500bn start-up seeks ways to fund expansion and fend off competition from rivals Google and Anthropic
AWS says services have “returned to normal operations” after a US-EAST-1 outage, first reported on October 20 at 3:11am ET, that affected major services
Amazon Web Services, a leader in the cloud infrastructure market, reported a major outage on Monday that took down numerous major websites.
Nvidia and Intel partner to develop multiple generations of x86 products; Nvidia will buy $5B of Intel's stock at $23.28 per share, a ~5% stake; INTC jumps 25%+
Cats and Dogs, living together! — In a surprising announcement that finds two long-time rivals working together …
DoorDash partners with Klarna to offer payment plans, including credit options for purchases of $35 or more; Grubhub also uses Klarna as a payment option
in Case You Need a Loan to Pay for Your Burrito Jordan Valinsky / CNN : DoorDash will soon let users eat now and pay in installments Niket Nishant / Reuters : NYSE-bound Klarna sig...
Investors led by Elon Musk make an unsolicited $97.4B bid to buy the nonprofit that controls OpenAI, complicating Sam Altman's plans to convert to a for-profit
Unsolicited offer complicates Sam Altman's plans to convert OpenAI to a for-profit company — A consortium of investors led …