SoftBank is creating a robotics company that builds data centers — and already eyeing a $100B IPO
You need infrastructure to build AI a and robots, but apparently you also need AI and robots to build infrastructure.
Amazon, Meta join fight to end Google Pay, PhonePe dominance in India
PhonePe and Google Pay command 80% of India’s UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.
Amazon’s cloud business is surging — and so is its capital spending
The e-commerce giant is making more money than expected from AWS but it’s also spending a lot, and will continue to do so in the near term, its chief executive said.
Sources: Anthropic could raise a new $50B round at a valuation of $900B
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.
On the stand, Elon Musk can’t escape his own tweets
Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.