Apple's Mac revenue surges 6% to $8.4 billion in Q2, beating Wall Street expectations as explosive demand for running local AI models on Mac mini and Mac Studio devices outpaces supply, with CEO Tim Cook warning shortages on AI-focused Mac models could persist for months.
Google is now selling its custom AI chips, Tensor Processing Units, directly to customers for use in their own data centers, marking a major strategic shift that intensifies competition with Nvidia while Amazon simultaneously challenges the chip giant with its own lineup generating over $20 billion in annual revenue.
Alphabet crushes Q1 2026 expectations as Google Cloud surpasses $20 billion in revenue for the first time, AI-powered cloud revenue skyrockets 800% year-over-year, Waymo hits 500,000 weekly autonomous rides across 11 U.S. cities, and paid subscriptions across YouTube and Google One reach 350 million.
Meta unveils closed-source AI model Muse Spark, thrilling Wall Street while simultaneously cutting 10% of its workforce and planning up to $135 billion in AI infrastructure spending, marking a bold shift to compete directly with OpenAI, Anthropic, and Google.
Anthropic's Claude Opus 4.7 quietly raises real-world costs up to 27% through a new tokenizer that generates 32–45% more tokens than its predecessor, despite keeping prices unchanged at $5/M input and $25/M output — though short prompts under 2K tokens actually see a slight cost decrease.
Elon Musk takes the stand in federal court, accusing OpenAI co-founders of 'looting' a charity through its for-profit conversion, while OpenAI's attorneys strike back with Musk's own emails showing he once supported the very restructuring he now seeks to unwind in court.
Hundreds of Google employees are demanding CEO Sundar Pichai block the Pentagon from using the company's AI for classified military work, igniting a fierce public debate over the ethics of military AI contracts just months after rival Anthropic was dropped by the Defense Department for making a similar request.
Elon Musk takes the stand in a landmark $130 billion trial against OpenAI, demanding the company revert to nonprofit status and remove CEO Sam Altman, while OpenAI fires back claiming Musk's lawsuit is fueled by jealousy and competitive motives tied to his rival xAI venture — with the outcome potentially reshaping the entire AI industry.
OpenAI strikes a landmark Pentagon deal deploying advanced AI in classified environments, banning autonomous weapons, mass domestic surveillance, and high-stakes automated decisions, while retaining full safety control and the right to terminate the contract if violations occur.
GitHub Copilot is shifting to an AI Credits billing system on June 1, 2026, replacing premium request units with token-based credits while keeping all base plan prices unchanged, and offering Business and Enterprise users bonus credits, pooled usage, and new admin budget controls through August 2026.