Tech

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

The billionaire Oculus and Anduril founder Palmer Luckey says he’s living proof the American Dream is alive and well. He went from a teen college dropout who was living in a trailer to selling his first company to Facebook (now Meta) for $2 billion by just 21 years old—and he says that rags-to-riches rise could happen only in America.

Alibaba's $2 Billion Gaming Exit Signals Where Beijing Wants Its Money

Alibaba is getting rid of its video game development arm for more than $2 billion, removing the Chinese tech giant from the in-house game development space entirely as it looks to double down into the AI sector.

AWS’s Asia chief is relocating to Japan as the country scrambles to modernize its legacy IT systems

Amazon Web Services’ top Asia executive is moving to Tokyo, as the global cloud computing provider bets that Japan’s potential for AI adoption makes it a far more interesting market than its sluggish headline GDP growth suggests.

UK examines economic hit from loss of access to frontier AI models

Urgent assessment comes after Donald Trump blocked foreign national access to Anthropic’s Fable 5

AI hasn't gone rogue. It's worse than that

Recent cyber attacks reflect what the technology was trained to do but safeguards are falling short

Anthropic's annualized revenue surges to $65B

The model maker added $18 billion in annualized revenue in two months.

AI proptech startup EliseAI is in talks to raise a new round of funding at a $3.7 billion valuation

EliseAI, known for AI assistants in real estate, is eyeing a $3.7 billion valuation in a new funding round involving Andreessen Horowitz.

AI Automation Startup Relay Shuts Down, Staff Joins Google's Chrome Team

"We have some really ambitious plans to help you work with AI in Chrome to get things done, and I’ll have more to share soon," Jacob Bank, Relay founder and CEO, said.

Former SpaceX engineers are building a robotic factory for making steel parts

"We are not necessarily building in a dogmatic fashion towards full autonomy."

Anthropic's revenue run rate reportedly surpasses $65 billion pre-IPO

The figure was hit at the end of July, per Bloomberg, and implies a sevenfold increase from where it was at the end of last year.

As Wisconsin cities flee Flock, its shared camera network loses value

Perhaps it’s the local summer diet of deep-fried cheese curds, corn on the cob, and Spotted Cow, but Wisconsin residents have been feeling pretty dyspeptic about Flock’s automated license plate cameras.

Our AI Costs Jumped 230 Percent. I’m Not Setting Token Budgets—Yet.

What a surge in daily credit usage taught me about managing operations on the frontier