Microsoft appears to be preparing its sales team to be more competitive with the other major players in the artificial intelligence industry. In an internal meeting on Tuesday, company executives outlined a plan for vendors to negatively compare artificial intelligence products from companies like OpenAI, Google and Anthropic to their own, according to a new
The New York Times on Wednesday asked a federal judge to quash Justice Department subpoenas to journalists who reported on safety failures on President Donald Trump’s new Air Force One plane. David McCraw, the newspaper’s top attorney, called the subpoenas “abusive” and “inappropriate” in a statement. “As we stated in our motion, these subpoenas are
While many top-tier venture firms continue to raise massively larger funds, Greylock Ventures, one of Silicon Valley’s oldest and most prestigious venture firms, is intentionally bucking the trend of increasing fund size. On Tuesday, the 61-year-old company announced it had raised an 18th fund of $1.5 billion. The figure is 50% higher than its previous
President Donald Trump on Wednesday criticized New York’s new pause in developing AI data centers, arguing that the state is rejecting one of the biggest economic opportunities from the AI boom. “One of the biggest drivers of employment in the future is data centers,” Trump wrote in Truth Social, calling the facilities “money machines” and
SpaceX shares fell to just over $135 on Wednesday, the price CEO Elon Musk and his company chose ahead of their blockbuster June 12 initial public offering (IPO) that raised nearly $86 billion. The company’s shares spent much of the day below the IPO price, at one point falling below $133 per share, before rising
Donald Trump wants to add another government-issued item to the growing list bearing his name or likeness: a commemorative $1 coin. Treasury Secretary Scott Bessent on Wednesday unveiled the design of a new gold-toned $1 coin commemorating the 250th anniversary of the United States. The coin features a portrait of Trump looking forward along with
