Tech
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Anthropic’s Alibaba fight raises a trillion-dollar question for IPO: How defensible is a frontier AI moat against China with Washington’s toolbox?
Anthropic has alleged Alibaba found a cheaper way to close the already narrowing AI gap: Not by stealing servers or smuggling chips, but by using fake accounts and innocuous interactions with Claude to extract its capabilities and train competing systems at a fraction of the cost. Leading IPO expert Jay Ritter told Fortune that Alibaba’s…
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Even Apple supply chain maestro Tim Cook couldn’t dodge the memory chip ‘RAM-ageddon’ crisis. Here’s why PC prices are soaring this summer
On Monday, an Apple MacBook Pro laptop cost $1,699. On Thursday, it cost $1,999. Apple didn’t launch a spiffier, more powerful new version of the laptop; the $1,999 machine is exactly the same as the one that sold for $300 less a few days earlier. Similarly, the MacBook Neo—introduced in March as Apple’s budget option—saw…
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Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
Apple Inc. is pressing the White House for approval to purchase memory chips from a blacklisted Chinese company as it grapples to rein in chip costs, the Financial Times reported on Saturday. The US tech giant has been lobbying officials in the commerce department and other parts of the Trump administration for a green light…
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‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts
Last August, a team led by Stanford economist Erik Brynjolfsson published a deep look at the impact of AI on jobs, boosted by a “large-scale, high-frequency administrative dataset from ADP,” the largest payroll software provider in the United States. The findings were stark: a significant relative decline in employment for workers ages 22 to 25…
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Anthropic’s Mythos 5 AI model cleared by U.S. for wider use
Anthropic PBC won US approval to restore some access to its powerful Mythos 5 artificial intelligence model, after resolving Trump administration concerns about the technology’s potential threats to national security. “Anthropic has worked with the US government to address risks associated with the Covered Models,” Commerce Secretary Howard Lutnick wrote to the company’s chief compute…
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Nobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy
The disparity between the trillions spent fueling AI and the distaste of the people meant to adopt it has grown into a chasm. Only 16% of Americans believe AI will have a positive impact on society over the next 20 years, according to a recent survey conducted by Pew, while 40% expect the opposite. There’s…
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The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
Early this year, Jacob Andreou had a crucial goal. The Microsoft executive set out to order a McDonald’s cheeseburger to his apartment across from the company’s Silicon Valley campus using a homegrown AI tool. Andreou and his team had worked nonstop to get the tool, named Copilot Tasks, up and running. If the AI agent…
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Job scams are getting more sophisticated, and they’re costing Americans millions
We’ve all received them. A misspelled message from a nameless, so-called recruiter, likely from a sketchy iCloud or Outlook email address, telling you they have the perfect job opportunity for you. An obvious scam. But the days of weak attempts to siphon your information are over. In the AI era, scams are getting more sophisticated…
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Qualcomm’s big AI gamble: Breaking Nvidia’s chips stronghold
Qualcomm has long been known primarily as the maker of smartphone chips, but since taking the reins five years ago, CEO Cristiano Amon has worked to change that and equip the company for the tough but lucrative AI chip wars. Since 2021, Qualcomm has reinvented itself to become a major player in newer areas such…
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OpenAI agrees to stagger rollout of its most powerful model to only Trump-approved customers
OpenAI is staggering the rollout of its newest and most powerful AI model after a request from the Trump administration. To get access to the new model, customers must first be cleared by the U.S. government, the company said on Friday. The model, called GPT-5.6 Sol, is the flagship in a new tier of more…