Oct 31, 2026RSS Feed
Chainew

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Tech

231 stories

Anthropic's Revenue Skyrockets to $65 Billion Annualized, Setting Stage for Historic IPO

Anthropic, a leading AI model developer, has seen its annualized revenue run rate surge to over $65 billion by the end of July, marking a more than sevenfold increase since late 2025. This explosive growth is driven by strong enterprise adoption of its Claude models, particularly Claude Code, and has propelled the company to its first profitable quarter. With preliminary Q2 2026 revenue exceeding $11.5 billion and positive adjusted operating income, Anthropic is now poised for a potential public offering as early as this fall, targeting a valuation that could surpass $2 trillion.

August 18, 2026

Anthropic's Revenue Skyrockets to $65 Billion Annualized, Setting Stage for Historic IPO

Tech • August 4, 2026

Palantir CEO Alex Karp Labels AI Industry "Marxist" Amidst Blockbuster Earnings

Palantir CEO Alex Karp has controversially labeled the artificial intelligence industry as "Marxist," accusing leading AI labs of seeking to "colonize your enterprise" and exploit customer data. These strong remarks came after Palantir reported a record-breaking second quarter, with revenue soaring to $1.94 billion and profit exceeding $1 billion, largely driven by demand for its "sovereign AI" solutions. Karp's critique highlights growing concerns among enterprises regarding data control, intellectual property, and the long-term implications of relying on frontier AI models.

Palantir CEO Alex Karp Labels AI Industry "Marxist" Amidst Blockbuster Earnings

Tech • August 3, 2026

Global Memory Shortage Cripples MacBook Air Supply, Drives Up Tech Prices

The ongoing global memory chip shortage, fueled by insatiable AI demand, is now significantly impacting Apple's MacBook Air, leading to extensive shipping delays and price increases across the tech industry. Consumers are facing waits of several weeks for Apple's popular laptop, while other PC manufacturers are also grappling with rising component costs and reduced availability. Industry experts predict the crisis will persist through 2027 and potentially into 2028, as semiconductor production prioritizes high-margin AI data center memory over consumer-grade components.

Global Memory Shortage Cripples MacBook Air Supply, Drives Up Tech Prices

Tech • August 2, 2026

Judge Denies xAI's Bid to Block Minnesota's Pioneering 'Nudify' App Ban

A federal judge has denied xAI's emergency request to block Minnesota's new law banning "nudify" apps, allowing the first-of-its-kind legislation to take effect. The law prohibits applications that generate realistic fake nude images of identifiable individuals, carrying significant civil penalties. xAI, owned by SpaceX, had argued the ban infringes on First Amendment rights, but the court found no immediate irreparable harm.

Judge Denies xAI's Bid to Block Minnesota's Pioneering 'Nudify' App Ban

Tech • August 1, 2026

Google Earth's AI Deepfake Tool Lasts One Day Amid Misinformation Fears

Google quickly rolled back a new AI image generation feature in Google Earth just one day after its launch, following widespread criticism that the tool could easily be used to spread misinformation and create convincing deepfakes of real-world locations. The feature, powered by Google's Nano Banana 2 AI model, allowed users to generate photorealistic imagery superimposed on satellite maps using text prompts. Concerns from researchers and open-source intelligence experts about the potential for misuse led to Google's decision to pause the feature while it works on implementing stronger safeguards.

Google Earth's AI Deepfake Tool Lasts One Day Amid Misinformation Fears

Tech • July 30, 2026

Microsoft's AI Investments Yield Billions, Intensifying Competition with OpenAI and Anthropic

Microsoft announced significant financial returns from its artificial intelligence investments, including a $3.2 billion gain from Anthropic, while its OpenAI investment presented a mixed bag with a quarterly markdown but strong annual performance. The tech giant is increasingly competing with both OpenAI and Anthropic by developing its own AI models and infrastructure. This strategy is proving successful, with Azure cloud revenue surpassing $100 billion for the first time, largely driven by AI demand, contrasting with Meta's substantial AI spending leading to a cash flow deficit.

Microsoft's AI Investments Yield Billions, Intensifying Competition with OpenAI and Anthropic

Tech • July 29, 2026

eBay to Pay $55.7 Million in Landmark Cyberstalking Settlement with Journalists

eBay and three former executives have agreed to a $55.7 million settlement with Ina and David Steiner, a Massachusetts couple targeted in a bizarre and aggressive cyberstalking campaign in 2019. The settlement resolves a lengthy legal battle stemming from a harassment scheme orchestrated by former eBay employees in retaliation for the couple's critical reporting on their news site, EcommerceBytes. The agreement includes significant compensation for the Steiners, charitable contributions, and personal financial payments from former executives, with no confidentiality restrictions.

eBay to Pay $55.7 Million in Landmark Cyberstalking Settlement with Journalists