Tag: Corporates and innovation

Salesforce acquires m3ter to add consumption-based billing to Agentforce

TL;DR Salesforce is acquiring m3ter, a London metering platform, to add native consumption billing to Agentforce Revenue Management. Salesforce has signed a definitive agreement to acquire m3ter, a London-based metering and rating platform built for consumption-based billing. The deal will integrate m3ter’s infrastructure natively into Agentforce Revenue Management, giving Salesforce customers the ability to launch, […]

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Intel is bringing a chip to every computing category at Computex. The last time it could do that, it was the company everyone was trying to catch.

TL;DR Intel is taking Panther Lake handhelds, a 52-core Nova Lake desktop preview, and 288-core Clearwater Forest servers to Computex 2026, all built on the 18A process that underpins its foundry pitch to Apple, Amazon, and Musk’s Terafab. Intel will arrive at Computex 2026 in Taipei on 2 June with something it has not had […]

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Google is in talks with Marvell to build custom AI inference chips as it diversifies beyond Broadcom

Summary: Google is in talks with Marvell Technology to develop two new AI chips – a memory processing unit and an inference-optimised TPU – adding a third design partner alongside Broadcom and MediaTek in its custom silicon supply chain. The discussions, which have not yet produced a signed contract, came days after Broadcom locked in […]

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NVIDIA didn’t invest in Xanadu, but it made its CEO a billionaire anyway

Christian Weedbrook, the founder and CEO of Toronto-based Xanadu Quantum Technologies, became a billionaire this week without NVIDIA investing a single dollar in his company. His 46.4 million multiple-voting shares were worth approximately $1.5 billion as of midday Friday, after Xanadu’s stock surged nearly fivefold in six trading sessions. The catalyst was not anything Xanadu […]

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Allbirds sold its shoe business for $39 million and is pivoting to AI cloud computing

In short: Allbirds is rebranding as NewBird AI and pivoting from sustainable footwear to GPU-as-a-service cloud computing after selling its shoe business to American Exchange Group for $39 million. The company secured $50 million in convertible financing, saw its stock surge 600% before falling back by a third, and plans to lease GPUs to AI […]

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Anthropic releases Claude Opus 4.7 with benchmark-leading coding and agentic performance

In short: Anthropic has released Claude Opus 4.7, its most capable generally available model, with benchmark-leading scores on SWE-bench Pro (64.3% vs GPT-5.4’s 57.7%), multi-agent coordination for hours-long workflows, 3x higher image resolution, and a 14% improvement in multi-step agentic reasoning with a third of the tool errors. Priced at $5/$25 per million tokens, it […]

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Spotify is selling physical books now, and it makes more sense than you think

In short: Spotify has launched physical book sales in the US and UK through a partnership with Bookshop.org, letting users buy print copies via affiliate links on audiobook pages within the app. The feature sits alongside Page Match, which now works in 30+ languages and lets readers scan a book page to sync with the […]

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Apple testing four frame designs for AI smart glasses ahead of 2027 launch

In short: Apple is testing at least four frame styles for its upcoming AI-powered smart glasses, according to a Bloomberg report by Mark Gurman published 12 April 2026. The designs include a large rectangular style similar to Wayfarer frames, a slimmer rectangular style comparable to those worn by CEO Tim Cook, a larger oval or circular […]

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CoreWeave signs multi-year Anthropic deal as nine of ten top AI model providers join its platform

In short: CoreWeave announced a multi-year agreement with Anthropic on April 10, 2026, giving the Claude maker access to Nvidia GPU capacity across US data centres for production-scale AI workloads. Financial terms were not disclosed. The deal arrives one day after CoreWeave announced a $21 billion expansion of its Meta partnership, and adds Anthropic to a […]

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Amazon Leo targets mid-2026 commercial launch as enterprise beta goes live

In short: Amazon’s satellite internet service, rebranded from Project Kuiper to Amazon Leo in November 2025, entered enterprise beta on April 8, 2026, with commercial availability targeted for mid-2026 per Andy Jassy’s annual shareholder letter. The service offers three terminal tiers delivering up to 1 Gbps for enterprise users, with Verizon, AT&T, Vodafone, JetBlue, and NASA […]

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Gmail’s end-to-end encryption comes to mobile, a year after its web launch

In short: Google has brought end-to-end encryption in Gmail to Android and iOS, closing the mobile gap that remained after the feature launched on the web in April 2025. Enterprise users on Google Workspace Enterprise Plus with the Assured Controls add-on can now compose and read encrypted messages directly in the Gmail app, with no extra […]

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Meta commits another $21 billion to CoreWeave, bringing total AI cloud spend to $35 billion

In short: Meta has committed an additional $21 billion to CoreWeave for dedicated AI cloud capacity running from 2027 through December 2032, bringing the total value of the two companies’ infrastructure relationship to approximately $35 billion. The new contract will deliver early deployments of Nvidia’s Vera Rubin platform across multiple sites, and is designed specifically for […]

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Kia cuts EV target, confirms electric pickup, and plans to put Atlas robots in its Georgia factories

In short: On the day that 25% US tariffs on South Korean imports took effect, Kia held its 2026 CEO Investor Day in Seoul and presented a plan built for a changed world: a quietly reduced EV sales target for 2030, a major expansion of its hybrid range, the first confirmation of a North American electric […]

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Intel joins Musk’s Terafab as foundry partner in $25B chip megaproject

In short: Intel has signed on as the primary foundry partner for Elon Musk’s Terafab, a $25 billion joint venture between Tesla, SpaceX, and xAI targeting a terawatt of AI compute per year, handing the struggling chip giant the marquee customer it has been searching for since pivoting to a foundry-first strategy. On 7 April 2026, […]

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Anthropic signs biggest compute deal yet with Google and Broadcom as revenue run rate hits $30bn

In short: Anthropic has agreed to access approximately 3.5 gigawatts of next-generation Google TPU compute capacity via Broadcom from 2027, its largest infrastructure commitment to date — while simultaneously disclosing that its revenue run rate has surpassed $30bn, more than tripling from roughly $9bn at the end of 2025. Anthropic has announced it is securing multiple […]

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Netflix launches Playground, a standalone games app for children aged eight and under

In short: Netflix has launched Netflix Playground, a dedicated standalone gaming app for children aged eight and under, bundled into existing memberships with no ads or in-app purchases and full offline support, positioning it squarely against Apple Arcade in the family market. Netflix has quietly extended its gaming ambitions into the family market with the launch […]

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Salesforce gives Slackbot 30 new AI powers, and a strategy that looks a lot like Microsoft’s

In short: Salesforce unveiled more than 30 new AI capabilities for Slackbot on 31 March 2026, the most sweeping overhaul of the platform since its $27.7 billion acquisition in 2021. The update transforms Slackbot from a conversational assistant into an agentic system that can transcribe meetings across any video platform, monitor users’ desktop activity, execute tasks […]

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Meta freezes AI data work after breach puts training secrets at risk

In short: Meta has suspended its collaboration with Mercor, a $10 billion AI data startup, after a supply chain attack exposed what may be the AI industry’s most closely guarded secrets: not just personal data, but the training methodologies that power the world’s leading large language models. The breach, carried out via a poisoned version of […]

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Nvidia’s $2 billion Marvell bet is not an investment. It is a toll booth.

Nvidia has invested $2 billion in Marvell Technology and folded the chipmaker into its NVLink Fusion ecosystem, creating a partnership that covers custom AI accelerators, silicon photonics, and 5G/6G infrastructure. The deal ensures that every custom chip Marvell designs for hyperscalers like Amazon, Google, and Microsoft still generates Nvidia revenue through mandatory platform components, turning […]

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Musk wants a million data centre satellites. Bezos wants 51,600. Scientists want to know why.

The pitch is seductive in its simplicity: AI needs more power than terrestrial grids can supply, so move the data centres into orbit, where the sun never sets and the electricity is free. SpaceX, Blue Origin, and a growing constellation of startups are now racing to make that vision real. The problem, according to the […]

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Anthropic just paid $400 million for a startup with fewer than 10 people

Anthropic has acquired Coefficient Bio, a stealth biotech AI startup founded barely eight months ago, in an all-stock deal worth just over $400 million. The acquisition brings a team of fewer than 10 people, nearly all former Genentech computational biology researchers, into Anthropic’s healthcare and life sciences division, and it signals something larger than a […]

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OpenAI is hiring ad-tech firms to make ChatGPT ads talk back to you

Six weeks was all it took. On 9 February, OpenAI switched on advertisements inside ChatGPT for free-tier users in the United States. By late March, the company disclosed that the pilot had crossed $100 million in annualised revenue, drawn more than 600 advertisers, and reached fewer than a fifth of eligible users. Now OpenAI is […]

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Judge throws out Musk’s advertising boycott lawsuit against X’s former sponsors

A US federal judge has dismissed Elon Musk’s antitrust lawsuit against advertisers who pulled their spending from X, ruling that the company failed to state a valid legal claim and barring it from ever refiling the case. US District Judge Jane Boyle, presiding in Dallas, dismissed the suit with prejudice on Thursday and denied X […]

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Xero partners with Anthropic to put small business finances inside Claude

Xero, the New Zealand-founded accounting platform used by 4.6 million subscribers worldwide, announced on Wednesday a multi-year partnership with Anthropic that will embed Claude directly into its product and, more unusually, bring Xero’s financial data into Claude.ai itself. The deal means small business owners will be able to ask Claude questions about their cash flow, […]

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Google’s new compression algorithm cut memory stocks within hours of publication

Google published a research blog post on Tuesday about a new compression algorithm for AI models. Within hours, memory stocks were falling. Micron dropped 3 per cent, Western Digital lost 4.7 per cent, and SanDisk fell 5.7 per cent, as investors recalculated how much physical memory the AI industry might actually need. The algorithm is […]

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Pepper acquires YC-backed Alima to bring AI to food distribution’s messy product catalogues

Pepper, a New York-based technology platform for independent food distributors, has acquired Alima, a Y Combinator-backed startup that built ordering and procurement software for small food distributors in Latin America. The deal, announced on Tuesday with no disclosed financial terms, brings Alima’s two cofounders into Pepper’s leadership team and extends the company’s push into AI-driven […]

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The open-source AI red-teaming tool used by Fortune 500 companies is now part of OpenAI

The acquisition of Promptfoo, which counts more than 125,000 developers and 30-plus Fortune 500 companies among its users, is OpenAI’s most direct move yet into AI application security. Its technology will go into Frontier, the company’s enterprise agent platform launched just a month ago. When Ian Webster was leading the LLM engineering team at Discord, […]

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Proton VPN rises to top UK app charts as porn age checks kick in

Proton VPN has become the UK’s most downloaded free app, as Britons rush to bypass a new law requiring users to verify their age before accessing websites hosting adult content.  Proton VPN reported a staggering 1,400% surge in UK sign-ups almost immediately after the Online Safety Act came into effect. It is now Britain’s most […]

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A satellite just used AI to make its own decisions in space — and NASA’s stoked

For the first time, a satellite has used onboard AI to autonomously decide where and when to capture a scientific image — all in under 90 seconds, with no human input. The technology, called Dynamic Targeting, was tested by NASA’s Jet Propulsion Laboratory (JPL) earlier this month. It was installed aboard a briefcase-sized satellite built […]

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