Tech Giants Pay Up
Good Morning from San Francisco, Tech executives lined up Thursday to shower Trump with billions in AI pledges. Microsoft promised
Google just turned the command line into a conversation. Instead of memorizing cryptic terminal commands, developers can now tell their computers what they want in plain English. The shift sounds simple but changes everything about who can code and how software gets built.
Former OpenAI executive Mira Murati raised $2 billion for her new AI company, shattering every seed funding record. Her six-month-old startup is now worth $10 billion without shipping a product. The deal shows how the exodus of top talent from OpenAI is creating well-funded competitors.
Trump Media announces a $400 million stock buyback despite posting $400 million in losses last year on just $3.6 million in revenue. The company sits on $3 billion in cash, raising questions about whether returning money to shareholders makes sense.
Amazon, Google, Microsoft and Meta are pushing Congress to ban states from regulating AI for 10 years. California just released a detailed framework for AI oversight. The clash could determine who controls AI rules nationwide.
MIT researchers monitored students' brains while they wrote essays with ChatGPT. The AI users showed weaker neural activity and couldn't quote their own work. When they switched back to writing alone, their brains stayed weakened.
TikTok just gave marketers AI tools that turn photos into video ads in seconds. WPP and Adobe jumped on board while TikTok faces a June ban deadline. The race to automate creativity is changing who controls content creation.
Meta just paid $15 billion for a 49% stake in Scale AI after its own models flopped. CEO Alexandr Wang gets control while leading Meta's new "superintelligence" team. The deal reveals how desperate big tech has become to acquire AI talent at any cost.
The Browser Company killed Arc browser to bet everything on Dia, an AI that watches every tab you open and learns your digital habits. The company claims this AI will "know you like a friend," but hasn't explained how they'll secure such personal data.
Apple announced new AI features at WWDC 2025 while most promises from last year remain unfulfilled. The company integrated ChatGPT into development tools, admitting gaps in its own capabilities. Will this pattern of overpromising continue?
Apple's worst stock drop in 14 years sets the stage for today's developer conference. The company faces AI criticism, App Store legal battles, and China sales declines while competitors surge ahead.
Builder.ai raised $445 million claiming AI built apps automatically. Actually, 700 human engineers in India wrote all the code manually. The Microsoft-backed startup collapsed into bankruptcy after inflating revenue by 300%.
Reddit accuses an AI firm of using millions of user posts without consent—despite earlier refusals to license the data. The case raises deeper questions: Who controls online conversations, and how should they be valued in the age of artificial intelligence?
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