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Amazon, Meta join fight to end Google Pay, PhonePe dominance in India‎

PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.

04:01
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Amazon’s cloud business is surging — and so is its capital spending‎

The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.

03:17
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TechCrunch

Sources: Anthropic could raise a new $50B round at a valuation of $900B‎

The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.

03:08
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On the stand, Elon Musk can’t escape his own tweets‎

Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.

03:01
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Meta is still burning money on AR/VR‎

Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.

03:01
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Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal‎

Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully plan to exploit it," Nadella said.

03:01
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Microsoft says it has over 20M paid Copilot users, and they really are using it‎

Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.

02:19
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Google Cloud surpasses $20B but says growth was capacity-constrained‎

Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.

01:23
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Google gains 25M subscriptions in Q1, driven by YouTube and Google One‎

Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow.

00:01
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TechCrunch

Fusion power startup Zap Energy pulls a partial pivot, adding nuclear fission to the mix‎

Surprise! Fusion startup Zap Energy says it will be developing fission reactors alongside its fusion devices.

00:01
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