Mercor hit over $1 billion in annualized gross revenue earlier this year, up from a $500 million pace in September 2025 , according to a person with direct knowledge of the company’s financials. The ...

Boris Cherny, the head of Claude Code, almost parted ways with Anthropic for good last summer. Instead, he has helped shape ...

The memory chip market right now is governed by a triumvirate of companies, led by South Korean firm SK Hynix, followed by Samsung, also of South Korea, and U.S. chipmaker Micron. The three stocks ...

Three senior OpenAI executives who helped launch the company’s original Stargate data center initiative have left or are ...

SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the ...

Meta Platforms has taken down an internal, employee-built leaderboard tracking how many tokens staffers were using. The dashboard, which employees referred to as Claudeonomics, showed total usage over ...

Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent on Tuesday summoned leaders of the major U.S. banks, including Citigroup, Bank of America and Wells Fargo, to discuss the ...

Some of the biggest Wall Street fund managers are planning to trek to the southernmost tip of Texas, then about 950 miles to ...

Anthropic is exploring potentially designing its own chips, according to a report in Reuters, though the effort remains in its early stages. Developing in-house silicon would take significantly longer ...

Peter Hoeschele, an OpenAI executive who helped launch the firm’s Stargate data center initiative, has left the startup, ...

Google has committed to use future generations of Intel’s central processing unit chips for multiple years in its data centers, the companies announced on Thursday. The announcement is a win for Intel ...

Sellers of AI have been tweaking their pricing models to balance price against the high cost of running the software. OpenAI said Thursday it was making several changes to how it bills companies that ...