Apple CEO says the company doesn’t ‘want to ship AI for AI’s sake’

Apple’s new CEO defended the company’s current position in the AI landscape.

4 days left: How TechCrunch Founder Summit helps you make more useful connections to scale

On November 4 at Boston’s SoWa Power Station, get ready for a full day packed with meaningful networking opportunities, actionable insights, and connections that could change the trajectory of your idea and startup. Register before all prices go up at the door.

Data centers are now a midterm issue, even in Brooklyn

At a Brooklyn midterm party five days before Election Day, every conversation, from a council member’s fireside chat to a debate about the Democratic Party, kept circling back to AI and data centers.

Intel’s stock crashes, knocking $12B from government’s stake

Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.

Ollie, a privacy-focused AI assistant, is shutting down

As an increasing number of AI assistants flood the market, the founder of Ollie, an assistant that respected its users’ privacy, says it will be shutting down in a week.

Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia

When investors get nervous about AI spending, it helps to have the chipmaker that sells the chips offer to cosign the loan.

Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune

The AI logistics startup will bolster the CRM giant’s Missionforce defense platform.

Pile-ins, payouts, and pacing pressure: the investors behind the VCs open up

The money behind the money is thrilled, mostly.

Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, FT report says

Blackstone’s forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding its massive spending that has undergirded its business.

Applebee’s exposed customers’ personal data after leaving database password in app

EXCLUSIVE: A security researcher discovered the hardcoded credential in Applebee’s app, allowing unrestricted access to customers’ personal data.