Amazon is hosting an Alexa-focused press event in NYC on Wednesday. Considering the company hasn’t held a major device presser in nearly two years — the last one was September 2023 — we’re expecting some splashy announcements. The event will not be live streamed. However,...

When goods enter the U.S., they have to be declared to U.S. customs so the importer can be charged the proper taxes. That applies to everything from a consumer ordering clothes from a brand based overseas to every single item on a massive container ship....

Chinese AI startup DeepSeek has reopened access to its API after halting service for nearly three weeks due to capacity constraints. On Tuesday, the company began allowing customers to top up credits for use on its API, which lets developers build apps and services on...

Microsoft is reportedly shrinking its data center footprint. The tech giant has canceled leases with multiple data center providers that total a “couple hundred megawatts” of capacity, according to Bloomberg, which cited a memo from investment bank TD Cowen. This total represents the equivalent of...

“Agentic AI” is the concept of the moment. Developers big and small are rushing to build apps to leapfrog the heavy lifting needed to employ generative AI in specific contexts… and investors are rushing to fund the most interesting of these.  In one of the...

On Tuesday, Google introduced a new, free consumer version of its AI code completion and assistance tool, Gemini Code Assist, and which the company calls Gemini Code Assist for Individuals. The company also rolled out Gemini Code Assist for GitHub, a code review “agent” designed...

Private equity firm Thoma Bravo has closed its inaugural European fund at €1.8 billion ($1.9 billion), through which it plans to take equity stakes in mid-sized software companies across the continent. Europe has no shortage of homegrown venture capital (VC) funds — the likes of...

Anthropic’s next funding round is reportedly growing larger. Anthropic, which makes the AI chatbot Claude, is finalizing a $3.5 billion fundraising round that values the company at $61.5 billion, according to The Wall Street Journal. Anthropic initially set out to raise $2 billion, but investors...

Edtech company Chegg has sued Google claiming that the tech giant’s AI summaries of search results have hurt Chegg’s traffic and revenue. In the suit, filed in the U.S. District Court for the District of Columbia, Chegg accuses Google of unfair competition — specifically reciprocal...

Anthropic used Pokémon to benchmark its newest AI model. Yes, really. In a blog post published Monday, Anthropic said that it tested its latest model, Claude 3.7 Sonnet, on the Game Boy classic Pokémon Red. The company equipped the model with basic memory, screen pixel input,...

Anthropic is releasing a new frontier AI model called Claude 3.7 Sonnet, which the company designed to “think” about questions for as long as users want it to. Anthropic calls Claude 3.7 Sonnet the industry’s first “hybrid AI reasoning model,” because it’s a single model...

Elon Musk’s AI company, xAI, released Grok 3, its long-awaited flagship AI model, last week. Grok 3 powers the Grok chatbot apps for mobile and the web, as well as the Grok experience on the Musk-owned social network X. Given that there’s so much competition...

AI-powered search engine Perplexity says it’s building its own web browser. In a post on X on Monday, the company launched a signup list for the browser, which isn’t yet available. It’s unclear when it might be — or what the browser look like, even....

For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York...

Meta has formally expanded Meta AI to the Middle East and North Africa (MENA), opening the AI-enabled chatbot to millions more people. Back in October, Meta announced it was launching Meta AI in six additional markets, including Brazil and the U.K. At the same time,...

Larry Ellison’s leap into farming with his company, Sensei Farms, serves up a classic reminder: being a genius in one arena doesn’t mean success in another. As the WSJ reports, the Oracle co-founder set out to reinvent agriculture on Hawaii’s Lāna‘i Island, which he scooped...

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