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Shopify Seeks Licenses to Push Deeper Into FintechExclusive

Shopify Seeks Licenses to Push Deeper Into Fintech

Commerce giant Shopify is seeking regulatory approvals to take a bigger role in offering financial and payments services to the millions of merchants using its software. Shopify has already secured money transmitter licenses in more than a dozen U.S. states to hold and move funds itself, and it is seeking them nationwide. If that happens, the company would get more control over how money moves through its platform and potentially would be able to generate more revenue from the hundreds of...

UK Group Says OpenAI’s GPT-5.5 is Comparable to Anthropic Mythos in Cybersecurity Capabilities

The results highlight the advanced cybersecurity capabilities of both models.

Reddit Reports 69% Revenue Growth As User Growth Slows

Reddit's user growth has been slowing, however, particularly among "logged in" users in the U.S.—those who have signed up for accounts, as opposed to people who arrive at Reddit after a web search, who are "logged out."

Musk Says xAI Has Distilled OpenAI’s Models

Under cross-examination in the OpenAI trial, he called distillation standard AI industry practice

Meta’s Stock Drops as New Bond Offering Starts

Meta said on Wednesday it plans to spend as much as $145 billion on capital expenditures this year to expand its AI computing capacity.

NSA Uses Anthropic’s Mythos to Find Microsoft Tech Flaws

Microsoft said last week that it was also using Mythos to look for flaws in its own software and patch them faster.

Amazon’s Up to $20 Billion Anthropic Investment Will Be Convertible Financing

Anthropic can’t draw on the $20 billion facility until Amazon meets compute milestones

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Google Defends Military Work After Employee Backlash to Pentagon Contract

Google’s response on Tuesday marks a stark contrast from how Google reacted in 2018 after employee protests about its Project Maven contract with the Pentagon.

Anthropic Receives Investment Interest at $900 Billion Valuation

At its most recently valuation, Anthropic has looked undervalued compared to OpenAI.

Microsoft Cloud Revenue Accelerates and Office 365 Copilot Sales Rise 33%

Total AI revenue—including sales of Azure servers to OpenAI and other firms, and sales of its own Copilot AI software—exceeded $9.25 billion in the quarter.

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Meta Raises 2026 Capex Forecast to as Much as $145 billion

The company cites higher component costs for increased spending while reporting better-than-expected financial results.

Alphabet Revenue Soars 22%, With Strong Growth in Cloud, Search

Alphabet beat analyst expectations as AI drove sales increases across its cloud and search businesses.

OpenAI Plots Big Expansion of Cheaper ChatGPT

The company is following a Netflix playbook, anticipating a drop in subscribers to its higher tier service will be made up for by ads.

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