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.

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.

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.

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.

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.

SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO

You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.

Meta says its business AI now facilitates 10 million conversations a week

Meta said over 8 billion advertisers have used at least one of its gen AI tools

Instagram cracks down on content aggregators

The update targets content aggregators that don’t post original content and instead simply re-upload others’ posts.

Spotify introduces verified artist badges to help distinguish humans from AI

As AI-generated artists and tracks flood music streaming platforms, Spotify is rolling out a new “Verified by Spotify” badge to help listeners more easily identify authentic human artists. To receive the badge, artists must meet certain criteria. Spotify looks for an identifiable artist presence both on and off platform, like concert dates, merch, and linked… Continua a leggere Spotify introduces verified artist badges to help distinguish humans from AI

Netflix wants you to watch ‘Clips,’ its TikTok-like vertical video feed

Netflix is redesigning its mobile app and introducing Clips, a vertical video feed intended to help users discover new content by sharing highlights from original Netflix programming.