IBM Shares Plunge 23% After Warning of a Quarterly Earnings Miss
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
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IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
Anthropic extended free Claude Fable 5 access to July 19, its second extension in a week, as OpenAI removed usage caps and made GPT-5.6 Sol cheaper...
OpenAI launched ChatGPT Work, a GPT-5.6 agent that pulls context from a user's apps to produce finished docs, slides and sites, as it merges Codex into...
Meta plans to begin manufacturing its in-house Iris AI chip in September as it aims to double computing capacity to 14 gigawatts next year and cut...
Apple expanded its partnership with Broadcom in a multi-year deal worth more than $30 billion, its largest US manufacturing commitment, to produce over 15 billion American-made...
Elon Musk's xAI has rebranded to SpaceXAI, folding its Grok chatbot and X into SpaceX and signaling that AI, not rockets, is now central to the...
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and...
Anthropic published the cybersecurity rules behind its redeployed Claude Fable 5 model and proposed an industry framework for scoring how dangerous an AI jailbreak is.
OpenAI teased its first branded hardware, Codex Micro, a programmable macro pad built with Work Louder to give developers physical shortcuts for its Codex coding agent,...
OpenAI has proposed handing the US government a roughly 5% stake, worth about $43 billion, to seed a public wealth fund and ease mounting political pressure...
The US Commerce Department lifted export controls on Anthropic's Claude Fable 5 and Mythos 5, ending an 18-day standoff and restoring the models globally from July...
As Washington limits Anthropic's and OpenAI's top models on security grounds, critics warn the restrictions are handing momentum to Chinese open-weight rivals like GLM-5.2.