News archive.
Earlier AI news and analysis, kept for reference. Current coverage lives in News & Analysis.
Canvas hack hits 275M students during finals week
ShinyHunters ransomware group breached learning platform Canvas, forcing universities nationwide to postpone final exams as login pages displayed ransom demands.
Court blocks DOGE after it used ChatGPT to cancel $100M grants
Federal judge rules using AI to scan for DEI keywords to eliminate humanities grants violated First and Fifth Amendment protections.
43% of Americans blame data centers for rising power bills
New Pew survey shows bipartisan concern as Utah approves 40,000-acre facility needing 9 gigawatts of power.
Perplexity opens Mac agent software to all paid subscribers
Personal Computer exits waitlist, bringing local file access and cross-app automation to anyone with a Pro subscription on Mac.
SAP spends $1B on German AI startup in enterprise buying spree
Major tech companies accelerate enterprise AI acquisitions as SAP buys Prior Labs and joint ventures multiply across the sector.
Cloudflare cuts 1,100 jobs citing AI productivity gains
Company eliminates 20% of workforce during record revenue quarter, claiming AI made support roles obsolete across engineering, HR, finance and marketing.
Intel stock up 490% on deals, not chip performance
Wall Street bets big on CEO Tan's government partnerships and manufacturing contracts while core semiconductor yields still lag TSMC.
Oracle cuts 20-30k workers, blocks severance negotiation
Oracle terminated up to 30,000 employees via email, offered standard severance terms, and refused group negotiations for better packages.
Big Tech AI spending hits $725B, cash flow drops to 10-year low
Major technology companies' artificial intelligence investments have reached unprecedented levels, creating the largest cash flow squeeze in a decade.
Anthropic eyes $1tn valuation as revenue climbs sharply
Claude maker considers fundraising at near-trillion dollar valuation amid strong revenue growth, per Financial Times reporting.
Humans still outweigh AI in finance despite automation push
Financial Times analysis finds human roles remain dominant in finance sector despite increasing AI adoption across trading and analysis.
TCI Fund cuts Microsoft stake by $8B citing AI disruption risk
Chris Hohn's hedge fund reduces its Microsoft position amid concerns about artificial intelligence threatening the company's business model.