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Anthropic files to go public
Anthropic confidentially filed a draft S-1 with the SEC, after its valuation reached $965 billion.
Anthropic raises $65 billion, nears $1 trillion valuation
Anthropic raised a $65B Series H at a $965B post-money valuation, with run-rate revenue above $47B.
Spotify and Universal Music strike deal for fan-made AI covers and remixes
Spotify Premium subscribers will be able to create AI covers and remixes of songs, with participating artists getting a revenue share.
Anthropic expects its first profitable quarter
Per the Wall Street Journal, Anthropic told investors its Q2 revenue will more than double to about $10.9 billion, with its first operating profit.
Cerebras stock jumps 108% on day one after $5.5B IPO
AI chipmaker Cerebras raised $5.5 billion in the first huge tech IPO of 2026; shares opened at $385, more than double the IPO price.
Discord Nitro now includes Xbox Game Pass at no extra cost
Discord launched Nitro Rewards, giving Nitro subscribers the base tier of Xbox Game Pass plus hardware discounts.
Amazon invests $5 billion in Anthropic, which pledges $100 billion to AWS
Anthropic's run-rate revenue has passed $30 billion. The new deal secures up to 5 gigawatts of compute.
Tim Cook steps down as Apple CEO; John Ternus takes over
From September 1, hardware engineering chief John Ternus becomes Apple's CEO and Tim Cook becomes executive chairman.
WhatsApp is testing a paid "WhatsApp Plus" subscription
A mostly cosmetic subscription: custom icons, themes, ringtones and up to 20 pinned chats.
Netflix is adding a TikTok-style vertical video feed
Netflix says a vertical video feed arrives this month and it will use AI for recommendations. Revenue grew 16%.
OpenAI raises $122 billion at an $852 billion valuation
The largest funding round in tech history. OpenAI says it now makes about $2 billion in revenue a month.
Yann LeCun's AMI Labs raises $1.03 billion for world models
The Paris-based startup is valued at $3.5 billion pre-money, with Nvidia, Samsung and Toyota among its backers.
Spotify hits a record 751 million users
Thanks to Wrapped and new free features, Spotify added 38 million users in one quarter. Paying subscribers reached 290 million.
Gemini app passes 750 million monthly users
Gemini grew from 650 million to 750 million users in one quarter, and Alphabet passed $400 billion in annual revenue for the first time.
Report: Waymo raising $16 billion at a $110 billion valuation
According to the Financial Times, more than three quarters of the money comes from Alphabet. Waymo says it has completed over 20 million rides.
iPhone posts its best quarter ever: $85 billion
iPhone revenue rose from $69 billion to $85 billion. Tim Cook says records were set in every region of the world.
People spent nearly $156 billion on apps in 2025, even as downloads fell
According to Appfigures, app downloads fell for a fifth straight year while spending jumped 21.6%, driven by subscriptions.