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Inside Apple’s Slog to Create Its First Robot

Apple’s new CEO John Ternus wants the company to get serious about robots, but judging by Apple’s plodding progress on the first one it hopes to sell—a device with a nine-inch screen that swivels around on an arm and resembles the Pixar lamp—he could face an uphill battle. Apple initially began working on the robot in 2019—code-naming it J595—and had modest ambitions for it, envisioning it mostly as a device for video calls. Its robotic arm was intended to allow it to...

Anthropic’s Revenue Surged to $17 Billion in Q3, Swung Back to Operating Loss

Anthropic is gearing up for a blockbuster IPO this month.

Exclusive: OpenAI Sign Deals With Magnite, PubMatic to Fill Unused ChatGPT Ad Space

The volume of ads coming through the two companies is still small, but the ad tech companies expect it to grow quickly.

Marvell to Buy Lumentum in $115 Billion All-Stock Deal

Marvell is making its most ambitious bet on optical and photonic technology.

DeepSeek Unveils Autonomous Coding Agent Prototype

The Chinese AI lab’s effort to build a more capable autonomous agent could intensify the competition for Anthropic and OpenAI.

Salesforce to Buy Defense Tech Startup, Extending Acquisition Streak

Rune Technologies' software helps military determine supply needs and handle other logistics.

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Binance Allows Customers to Resume Withdrawals, Sees $5.8 Billion Net Outflow

Crypto exchange began restoring withdrawals Sunday after suffering from a $6.3 billion hack.

Trump Administration Refuses to Release Information on AI Testing Framework

The White House had earlier agreed to a FOIA lawsuit seeking information into its frontier AI model testing regime.

FBI Says North Korea Behind $6.3 Billion Binance Hack

Binance has pledged to cover 100% of losses

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

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S&P Lowers Meta’s Credit Outlook Amid Soaring AI Spending

The credit rating firm cited concerns about Meta’s ability to monetize those investments.

OpenAI Lowers Fundraising Target–After Decreasing Possible Valuation

The company is now looking to raise $20 billion instead of $30 billion.

U.S. Stocks Dive on AI Spending Fears

The tech-heavy Nasdaq dropped almost 3% on Friday.

Amazon Discloses New Up To $80 Billion Supplier Financing Loan

It’s the latest borrowing as big tech firms turn to the debt market to fund the AI boom

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Binance Confirms $6.3 Billion Hack, Plans to Cover Losses

Binance halted withdrawal after being hit by the largest crypto hack ever in history.

Polymarket Halts Some Trading After Users Report Hacks

In a message to users in a Discord forum, Polymarket promised to cover losses any customers suffered.
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