TeraWulf secures a landmark 20-year, $19 billion lease deal with Anthropic at its Kentucky data campus while simultaneously selling its Bitcoin mining stake for $450 million, signaling a bold and decisive pivot toward AI infrastructure dominance.
Microsoft cuts 4,800 jobs — about 2.1% of its global workforce — hitting gaming and commercial divisions hardest, as the tech giant reshapes operations amid an AI-driven transformation that is fundamentally changing how work gets done.
Alibaba bans employees from using Anthropic's Claude Code starting July 10, labeling it high-risk, as Anthropic simultaneously tightens restrictions blocking Chinese companies from accessing its AI models and closes loopholes that enabled unauthorized use.
Anthropic is in talks with Samsung to develop a custom AI chip, joining a growing industry push to reduce reliance on Nvidia as rival OpenAI also unveils its own custom processor built with Broadcom.
Palantir CEO Alex Karp reveals a new partnership with Nvidia and outlines the company's frontier AI strategy live on CNBC's 'Squawk Box,' signaling a major expansion in Palantir's artificial intelligence ambitions.
Microsoft launches Microsoft Frontier Company, a $2.5 billion AI business unit deploying 6,000 experts to co-design enterprise AI systems, promising measurable outcomes while guaranteeing customer data is never used to train competing models.
SpaceX acquires AI coding startup Cursor in a massive $60 billion deal, sparking serious questions about whether Cursor can maintain its partnerships with OpenAI and Anthropic under Elon Musk's ownership.
OpenAI is offering the US government a $42.6 billion, 5% ownership stake in the company, as CEO Sam Altman attempts to share AI's financial benefits with the public while navigating rising tensions with the Trump administration's growing interventionist approach to the AI industry.
Microsoft launches 'The Microsoft Frontier Company,' a $2.5 billion initiative embedding 6,000 engineers inside customer organizations to build and operate AI systems, intensifying an industry race against Amazon, OpenAI, and Anthropic to help businesses achieve real AI results beyond demos.
OpenAI proposes giving the U.S. government a $42.6 billion, 5% stake in the company as CEO Sam Altman pushes a broader plan for top AI firms — including Google, Meta, and Anthropic — to cede similar stakes through a sovereign wealth fund, amid growing Washington pressure over cybersecurity risks and rising Chinese AI competition.