Meta has agreed to a roughly $17 billion settlement with 52 state attorneys general over allegations that Facebook and Instagram were designed to harm children, with mandatory new safeguards for teen users required to remain in place for 10 years.
An Anthropic-backed nonprofit has directed $500,000 to a PAC supporting Sen. Ed Markey in next Tuesday's Massachusetts Democratic primary, as Rep. Seth Moulton attacks the incumbent's familiarity with artificial intelligence.
U.S. District Judge Rita Lin ruled that the Department of Defense violated the First Amendment by designating Anthropic a supply chain risk in retaliation for the company's public criticism of the administration's AI policies. Anthropic's parallel lawsuit in Washington, D.C., remains ongoing.
Nvidia and Salesforce surged 8% and 22%, respectively, after Wednesday earnings reports dismantled persistent Wall Street bear cases, while CrowdStrike jumped 20.5% on its own strong results and broader tech indexes climbed to multi-week highs.
Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.9 billion, according to The Information, a deal that would extend the chipmaker's presence from hardware deep into the software and model-sharing ecosystem.
NASA Administrator Jared Isaacman proposed relocating data centers to Earth orbit to tap solar energy in space, as Republican skepticism about the facilities' domestic footprint forces President Trump to balance industry support with his party's growing pushback.
Nvidia's CFO guided for 70% revenue growth in fiscal 2028 — well above the 44% Wall Street consensus — which would put projected sales at roughly $673 billion and place the chipmaker ahead of Apple and Alphabet among U.S. tech companies by revenue.
Nvidia and Salesforce surged 8% and 22%, respectively, after Wednesday earnings reports dismantled persistent Wall Street bear cases, while CrowdStrike jumped 20.5% on its own strong results and broader tech indexes climbed to multi-week highs.
Nvidia's CFO guided for 70% revenue growth in fiscal 2028 — well above the 44% Wall Street consensus — which would put projected sales at roughly $673 billion and place the chipmaker ahead of Apple and Alphabet among U.S. tech companies by revenue.
Salesforce posted fiscal Q2 revenue of $11.35 billion and net income up 87% year over year, fueled by a $2.6 billion gain on its Anthropic stake. Agentforce AI annualized revenue surpassed $1.5 billion, rising 240% from a year ago.
U.S. District Judge Rita Lin ruled that the Department of Defense violated the First Amendment by designating Anthropic a supply chain risk in retaliation for the company's public criticism of the administration's AI policies. Anthropic's parallel lawsuit in Washington, D.C., remains ongoing.
Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.9 billion, according to The Information, a deal that would extend the chipmaker's presence from hardware deep into the software and model-sharing ecosystem.
Waymo announced plans Tuesday to launch driverless rides in Munich, Germany, by the end of 2027, making the Alphabet-owned robotaxi company's first entry into a European Union market as it continues expanding beyond its U.S. operations.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.