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.
Meta is still burning money on AR/VR
Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Microsoft gets to offer OpenAI’s tech to its cloud customers and doesn’t have to pay for it. “We fully plan to exploit it,” Nadella said.
Microsoft says it has over 20M paid Copilot users, and they really are using it
Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.
Google Cloud surpasses $20B but says growth was capacity-constrained
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Google gains 25M subscriptions in Q1, driven by YouTube and Google One
Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow.
Fusion power startup Zap Energy pulls a partial pivot, adding nuclear fission to the mix
Surprise! Fusion startup Zap Energy says it will be developing fission reactors alongside its fusion devices.
Parallel Web Systems hits $2B valuation five months after its last big raise
The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.
Bill Gurley, Jack Altman back startup Pursuit, which helps companies sell to government
On Wednesday, Pursuit announced a $22 million seed round led by Mike Rosengarten, the co-founder of OpenGov with out big-name VCs participating.
Roku’s $3 streaming service, Howdy, reaches 1M subs, per recent report
Roku’s $2.99 streaming service Howdy has topped 1M subscribers, showing demand for cheaper, low-commitment alternatives to pricier streamers.