Cristina Criddle / Financial Times : Perplexity says it has no plans to further pursue advertising, which it introduced in 2024, phasing ...
Perplexity says it has no plans to further pursue advertising, which it introduced in 2024, phasing out ads late last year over fears it would erode user trust — Leading start-ups have recently embraced sponsors as they search for revenue — AI start-up Perplexity has abandoned advertising …
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Tesla agrees to stop using the term “autopilot” to market its electric vehicles in California to avoid a 30-day suspension by the state's DMV — Tesla has stopped using the term “autopilot” to market its electric vehicles in California in order to avoid a 30-day suspension by the Department of Motor Vehicles.
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YouTube appears to be suffering a widespread outage starting at ~7:45pm ET, with feeds, Shorts, and homepage inaccessible, based on 300K+ Downdetector reports — If you're trying to access YouTube right now and running into problems, you're not alone, as a widespread outage appears …
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Anthropic expects to pay Amazon, Google, and Microsoft $80B+ total to run its models on their servers through 2029, plus an additional $100B for training costs — Anthropic expects to pay Amazon, Google and Microsoft at least $80 billion to run its Claude AI on their cloud servers through 2029 …
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Emergent, which offers an AI-powered software development service, says it is generating annual run-rate revenue of $100M+, just eight months after launch — Indian vibe-coding platform Emergent was launched just eight months ago, and it now says it's generating annual run-rate revenue …
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Amazon shares close up 1.2%, snapping a nine-day slide that wiped out $450B+ in market valuation over concerns about Amazon's plan to spend $200B in 2026 capex — Amazon shares closed up more than 1% on Tuesday, snapping a nine-day slide that shaved billions off of its market cap.
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Filing: Nvidia unloaded 1.1M Arm shares, worth about $140M based on Arm's closing price on Tuesday, sometime in Q4, bringing Nvidia's stake to zero — Nvidia Corp. sold off the last of its stake in Arm Holdings Plc, a chip technology company that it tried and failed to acquire five years ago.
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Google signs a power purchase agreement with Ormat to supply up to 150 MW of geothermal energy to its Nevada data centers through NV Energy starting in 2028 — Alphabet Inc.'s Google plans to draw on geothermal power from renewable energy company Ormat Technologies to help fuel its fleet of data centers in Nevada.
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Palo Alto Networks reports Q2 revenue up 15% YoY to $2.6B, vs. $2.58B est., and projects Q3 adjusted EPS below estimates; PANW drops 7%+ after hours — The company's jump in quarterly profit was driven by continued demand for cybersecurity services — Palo Alto Networks lifted …
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Sources: Western Digital plans to raise $3.09B by selling a Sandisk stake at $535-$555/share, a 9.4% discount to Tuesday's close; the offering is oversubscribed — Western Digital Corp. is seeking to raise $3.09 billion from the sale of a stake in Sandisk Corp., after the digital storage company spun off …
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