Meta is still burning money on AR/VR
Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.
AI
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Microsoft gets to offer OpenAI’s tech to its cloud customers and doesn’t have to pay for it. “We fully plan to exploit it,” Nadella said.
Microsoft says it has over 20M paid Copilot users, and they really are using it
Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.
Google Cloud surpasses $20B but says growth was capacity-constrained
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Google gains 25M subscriptions in Q1, driven by YouTube and Google One
Google added 25M paid subscriptions in Q1, reaching 350M total, as YouTube and Google One grow.
Google Search queries hit an ‘all time high’ last quarter
Google Search queries hit an “all time high” in the first quarter of 2026, according to a statement from CEO Sundar Pichai published as part of Alphabet’s earnings on Wednesday. “Our AI investments and full stack approach are lighting up every part of the business,” Pichai says. “Search had a strong quarter with AI experiences […]
Parallel Web Systems hits $2B valuation five months after its last big raise
The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.
All the evidence unveiled so far in Musk v. Altman
The Musk v. Altman trial is underway, and that means exhibits, or the evidence to be presented in court, are being revealed piece by piece. So far, email exchanges, photos, and corporate documents are circulating from the earliest days of OpenAI – and from before the AI lab even had a name. Some high-level takeaways: […]
Ubuntu’s AI plans have Linux users looking for a ‘kill switch’
Canonical’s plan to add AI features to Ubuntu has some users asking for “a version of Ubuntu that does not include these features,” while others say they’ll stick with older versions of the Linux distro or even switch to a different one. After Canonical’s announcement earlier this week that it’s bringing AI features to Ubuntu, […]
Google Photos uses AI to make the iconic closet from ‘Clueless’ a reality
Google says the new feature will leverage AI technology to automatically create a copy of your wardrobe that’s based on the pieces of clothing appearing in your Google Photos library.