OpenAI Execs Tout Ad Progress at Cannes
Ads for travel, retail, health and beauty and financial services products have been performing best thus far, OpenAI's ad chief said.
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Meta Is Building a Prediction Markets App
The company is developing a new app that could let users bet on real-world events, as part of a broader push to launch new standalone apps.
Meta Unveils New Smart Glasses for $299
The launch marks the first of four smart glasses lines Meta plans to release this year.
Nvidia Launches Open-Source Software For Life Sciences
Nvidia’s software efforts are aimed at getting more companies hooked on AI that runs on its famed server chips.
ByteDance Unveils Seedance 2.5 Video Model
The new model upgrades its predecessor, Seedance 2.0, which went viral but also faced copyright disputes with Hollywood studios.
Japan’s Sakana AI Says Its New Tool Rivals Anthropic’s Fable 5
The Tokyo startup said its Fugu tool, which coordinates multiple AI models, delivers performances comparable to the world’s best models.
Trump Signs Sweeping Quantum Executive Orders
The two orders strengthen cybersecurity safeguards and coordinate government investment.
Meta Pauses Employee Monitoring Tool After Internal Data Exposure
The move comes after a security lapse that left sensitive employee data—including AI prompts, outputs, and conversations—widely accessible across the company.
SpaceX to Lease Compute to Reflection for $150 Million Per Month
The deal begins on July 1 and runs through 2029 but can be canceled by either company with 90 days’ notice, similarly to SpaceX's deals with Anthropic and Google.
Meta Announces New WhatsApp Leader
Meta is investing $900 million into Indian fintech startup Cred, while appointing its founder to lead WhatsApp.
Uber to Back Lime’s IPO
The ride hailing giant will be named as an anchor investor in IPO paperwork Lime expects to file Monday.
Nobel Laureate John Jumper Departs Google DeepMind for Anthropic
The move highlights a deepening AI talent drain at Google.
Amazon MGM Studio Drops Altman Movie
Amazon's decision comes a few months after the tech giant invested in OpenAI and struck a deal allowing Amazon to offer Open AI-powered cloud products.
Manus’ Revenue Soars as Original Investors Move to Reverse Meta Deal
The sharp increase in Manus's annualized revenue run rate comes as Chinese investors are in talks to buy back Manus shares from Meta.
Accenture Stock Falls 18% as Lower Revenue Projection Feeds AI Fears
Shares hit their lowest level since 2017.
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
Weekday mornings
The Information AM by The Information Staff
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