As AI models commodify, Apple's plans to spend just $14B on 2026 capex, far below hyperscalers' combined $650B, or 90%+ of their cash flow, may be a genius move
The 3rd? most valuable company on Earth watched as its rivals lit $650 billion on fire and did nothing.
Sources: Elon Musk pushed out two more xAI co-founders after getting frustrated with xAI's coding product progress and brought in “fixers” from SpaceX and Tesla
Tesla and SpaceX managers sent in to review work as billionaire's start-up struggles to keep pace with rivals
Sources: Elon Musk pushed out two more xAI co-founders after getting frustrated with xAI's coding product progress and brought in “fixers” from SpaceX and Tesla
Tesla and SpaceX managers sent in to review work as billionaire's start-up struggles to keep pace with rivals
xAI hires senior Cursor leaders Andrew Milich and Jason Ginsberg; Elon Musk said he expects xAI to “catch up and exceed our competitors” in coding by mid-2026
Elon Musk's xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding …
xAI hires senior Cursor leaders Andrew Milich and Jason Ginsberg; Elon Musk said he expects xAI to catch up with rivals in coding by “the middle of this year”
Elon Musk's xAI is hiring two senior Cursor leaders as part of an effort to catch up with AI rivals in coding …
Sources: Tencent is developing a top-secret AI agent for WeChat, and has tested using models from Zhipu, Alibaba, and DeepSeek, to compete with Qwen and Doubao
Tencent Holdings is secretly building a new AI agent for its hugely popular WeChat messaging app, in hopes of leapfrogging rivals …
Sources: Kalshi and Polymarket are each eyeing valuations of ~$20B in fundraising talks; Kalshi was valued at $11B in December and Polymarket at $9B in October
Prediction market rivals are speaking to investors about roughly doubling their previous valuations
Meta agrees to let rival “general purpose AI chatbots” access WhatsApp for a fee in Europe for a 12-month period to avoid potential interim measures from the EU
Artificial intelligence rivals will be allowed on WhatsApp for a year, Meta Platforms (META.O) said …
TikTok says it won't add E2EE to DMs because it would prevent police and its safety teams from reading messages when needed and it wants to protect young users
TikTok will not introduce end-to-end encryption (E2EE) - the controversial privacy feature used by nearly all its rivals - arguing it makes users less safe.
Alibaba releases its open-weight Qwen3.5 Small Model Series in 0.8B, 2B, 4B, and 9B sizes, claiming the 9B model rivals OpenAI's gpt-oss-120b on some benchmarks
Earlier today, e-commerce giant Alibaba's Qwen Team of AI researchers, focused primarily on developing and releasing to the world …