Samsung shares jumped more than 15%, pushing the company’s market capitalization above $1 trillion. That makes Samsung only the second Asian company after TSMC to cross the trillion-dollar mark.
By Daniel Mercer Alphabet plans to invest up to $190 billion in its AI and cloud infrastructure through 2026 — with spending set to rise "significantly" again in 2027.
By Chris Borden Google wants to improve its AI coding models — and use more AI internally to do it. In the long run, the company reportedly sees this as a step toward AI systems that can eventually improve themselves.
By Daniel Mercer Claude saw massive growth over the last month, but it is still relatively small overall. That is according to current Similarweb data on the traffic share of generative AI services. Between February and March, Claude nearly tripled its share from about 2.2% to 6.02%, overtaking both DeepSeek and Grok.
By Alex Rowland OpenAI’s revenue chief, Denise Dresser, outlined five priorities for the company’s enterprise business in an internal strategy memo and accused Anthropic of overstating its revenue figures by roughly $8 billion.
By Alex Rowland OpenAI has told investors that its early buildout of computing infrastructure gives it a decisive edge over Anthropic. At the same time, the company has put its UK data center project on hold, while Anthropic is reportedly weighing the development of its own AI chips.
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