Oracle's stock exploded 40% after revealing a $455B AI contract backlog and projections for $144B cloud revenue by 2030. The surge made Larry Ellison briefly the world's richest person—but can the company turn massive bookings into sustainable margins?
Publishers like Reddit and Yahoo launched a new licensing standard to charge AI companies for training data. The Really Simple Licensing protocol lets sites demand payment per crawl or per AI response. No major AI company has agreed to comply yet.
Good Morning from San Francisco, Meta's $72 billion talent splurge hits turbulence. ChatGPT co-creator Shengjia Zhao nearly bailed
Disney and Universal sued AI company Midjourney for using their characters without permission to train image generators. It's the first major Hollywood lawsuit against generative AI, testing whether copyright law protects creators in the age of artificial intelligence.
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.
Good Morning from San Francisco, ☀️ OpenAI cut o3 model prices by 80%. Input tokens dropped from $10 to $2 per
OpenAI cut its o3 model prices 80% while launching o3-pro—a reasoning AI that takes over 3 minutes to respond but outperforms rivals on complex tasks. The move intensifies AI pricing wars and splits the market between fast chat models and slow thinking ones.
Publishers built their business on Google sending them traffic. Now Google's AI answers questions directly, cutting out the middleman. Major news sites lost half their visitors in three years. Some adapt with new revenue models, others fight with lawsuits.
Good Morning from San Francisco, Meta burned $10 billion chasing AI talent after losing its entire research team. Zuckerberg spent
Meta spent months claiming its AI was "crushing it" while losing most of its research team. Now Zuckerberg is spending $10+ billion to fix problems he said didn't exist. The crisis shows how AI forces companies to admit failure or fall behind.
OpenAI doubled revenue to $10 billion in six months but lost $5 billion last year. The company bets everything on reaching $125 billion by 2029 while burning investor cash at record pace. Early signs suggest AI growth may be slowing.
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.
Good Morning from San Francisco, Apple researchers just shattered AI's reasoning hype. Those fancy "thinking" models
OpenAI upgraded ChatGPT's voice to sound more human-like with better emotional expression and seamless language translation. But the improvements come with trade-offs: audio quality sometimes drops and the AI still hallucinates random sounds.
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