Accenture Stock Falls 18% as Lower Revenue Projection Feeds AI Fears
Shares hit their lowest level since 2017.
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Recent Editions
Penske Media Acquires Vox Media Titles
Penske would create a new subsidiary called PMX which will combine its existing publishing portfolio, such as Billboard, Variety and Rolling Stone, with the Vox brands.
Sen. Bernie Sanders Releases Proposal for AI-funded Sovereign Wealth Fund
Sanders previously met with OpenAI CEO Sam Altman about the idea.
Midjourney Announces Full-Body Scanner, Plans to Launch Spa
Founder David Holz said he eventually hopes to have thousands of spas across the country.
Apple to Raise Prices with Memory, Storage Shortages
The AI boom had supplanted Apple in the global tech supply chain
AWS Introduces New Cybersecurity, Coding Tools at NY Summit
AWS products use AI to solve new challenges from AI
Video App Rumble Buys GPU Provider Northern Data
Next up: finding financing to buy more advanced GPUs.
Microsoft Mulls Using DeepSeek for Copilot Cowork
DeepSeek’s V4 could provide enterprise customers with a cheaper option for powering Microsoft’s AI tool.
Snap Unveils $2,195 AR Glasses
The company hopes the device can compete with other glasses from Meta Platforms and Google.
Robinhood to Cut 10% of Staff
CEO Vlad Tenev said the company’s financial position is strong but needs to be “lean.”
Pentagon Says It Used xAI’s Grok in Iran War as DoJ Fights Data Center Lawsuit
A Grok model is part of a system that "enabled U.S. forces to deploy over 2,000 munitions to 2,000 distinct targets within 96 hours," A Pentagon official said.
Index Startup Ornn Launches Anthropic, OpenAI Token Benchmarks
The announcement comes as the industry searches for more ways to track AI costs.
SpaceX finalizes $60 billion deal to acquire Cursor
The announcement came as SpaceX stock has soared 43% since its IPO.
DeepSeek Closes Record $7 Billion-Plus Funding with Unusual Deal Structure
The deal imposes a five-year lockup on investors' shares and ensures that DeepSeek's CEO will retain absolute control of the company.
Anthropic Discusses Possible Accord With Trump Administration
Top company and White House figures met on Monday.
Nvidia Plans $25 Billion Bond Offering
Even as it prints cash, Nvidia is joining its rivals and customers in the AI debt boom.
Anthropic Sued Over ‘Misleading’ Limits on Premium Subscription Plans
The lawsuit alleges that Anthropic's premium subscription plans deliver less usage than advertised.
Salesforce to Acquire Customer AI Agent Fin for $3.6 Billion
A deal could help Salesforce to win new businesses from enterprises to adopt its own AI offering.
Fox to Buy Roku for $22 Billion
The deal gives Roku shareholders an exit at the highest price at which the stock has traded since the 2020-2022 Covid-fueled surge.
Weekday mornings
The Information AM by The Information Staff
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