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Google Grapples With AI’s Hit to Its Ads Juggernaut

Cleverly CEO Nicholas Verity, whose Los Angeles business has advertised on Google for seven years, noticed an unusual pattern in Google search advertising about eight months ago. Part of the roughly $2,000 a day he set aside for Google was going unspent because not enough people were seeing or clicking on the ads to use up the budget. He believes that’s a result of more people researching the web on AI chatbots instead. “I want to give Google more money, but there’s that search traffic I...

SoftBank Writes Off $3.7 Billion on Advance Payments for Data Center Projects

SoftBank said the writedowns reflected a review of projects, without giving details.

Stablecoin Card Startup Rain Launches Vaults for AI Agents

Rain’s vault product will compete with Stripe, a major provider of payment infrastructure for agents.

Anthropic Sets Lower than Expected Valuation, Seeks to Raise $90 Billion in IPO

The IPO valuation is slightly lower than what investors initially expected.

Anthropic’s Outside Counsel Sent Banks Wrong Documents Before Launching IPO

Anthropic is expected to start marketing its IPO Tuesday.

President Trump Says FBI is Probing Nvidia CEO’s Relationship with Chinese National

Trump and Huang have had a close relationship during the president’s second term.

Anthropic Releases New Frontier Models as IPO Nears

The AI company released its first new frontier models since CEO Dario Amodei called for a slowdown in AI development for safety.

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Nvidia Shares Fall 4% as Broadcom and AMD Rise

The inquiry casts a huge shadow over Jensen Huang's future at Nvidia, which has played a central role in the rapid advance of AI technology in the past few years.

Google Announces New TPUs It Says Are More Powerful and Secure

The new chips were designed to handle sensitive and agentic workloads, company says.

Nvidia Board Is Launching Investigation After Reporting That CEO Targeted By Chinese Informant

The independent investigation comes after The New York Times reported that Jensen Huang had ties to a woman who American officials believed was passing along information to Beijing.

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