Google’s AI Overviews killed 58 per cent of publisher clicks. Now it is adding a ‘Further Exploration’ section to bring some back.
Google’s AI Overviews killed 58 per cent of publisher clicks. Now it is adding a ‘Further Exploration’ section to bring some back.

Google has a publisher problem. AI Overviews, the AI-generated summaries that now appear at the top of search results for a growing share of queries, have been correlated with a 58 per cent reduction in click-through rates to the websites whose content…

Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.

Snap reported first-quarter earnings on Tuesday that should have been unremarkable: revenue up 12 per cent to 1.53 billion dollars, adjusted EBITDA more than doubled to 233 million dollars, free cash flow nearly tripled to 286 million dollars. The stoc…

Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars.
Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars.

In April, Ukrainian President Volodymyr Zelensky announced that his forces had, for the first time in the history of warfare, seized an enemy position using only unmanned systems. No infantry. No human soldiers entering the contested ground. Drones and…

Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company.
Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company.

Uber missed its revenue estimate on Tuesday. The stock jumped 10 per cent. The divergence between the number Wall Street expected and the number the market rewarded tells the story of a company that has crossed a threshold: Uber is no longer being pric…

The UAE’s AI champion just leased a converted Minneapolis office. The irony writes itself.

The building at 1001 Third Avenue South in downtown Minneapolis used to be an office. Now it is a data centre, and its anchor tenant is not a Silicon Valley hyperscaler but Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi’s G42 Group. Th…

Google is not building a consultancy. It is writing a licensing agreement. That may be the smarter play.

OpenAI built a ten billion dollar consulting company. Anthropic built a 1.5 billion dollar consulting company. Google is writing a licensing agreement. The difference in approach may determine which AI lab captures the largest new enterprise distributi…

Supreme Court refuses to pause the order holding Apple in contempt in the Epic case
Supreme Court refuses to pause the order holding Apple in contempt in the Epic case

Justice Elena Kagan denied Apple’s emergency stay application on Wednesday on behalf of the court, declining to refer the request to the full bench. Apple now returns to Judge Yvonne Gonzalez Rogers in Oakland to argue over what commission, if any, it …

Anthropic raises Claude Code and Opus API rate limits, citing SpaceX Colossus 1 deal
Anthropic raises Claude Code and Opus API rate limits, citing SpaceX Colossus 1 deal

Claude Code’s five-hour rate limits double across Pro, Max, Team, and seat-based Enterprise plans from Tuesday, with peak-hours throttling removed for Pro and Max. The capacity behind the change is a new Anthropic agreement to take all of SpaceX’s Colo…

Ethos lands $22.75m Series A to fix what AI broke about hiring
Ethos lands $22.75m Series A to fix what AI broke about hiring

The London-based AI expert-matching platform, founded by ex-DeepMind and ex-McKinsey alumni, is being valued at the moment hiring is becoming the part of the labour market AI has most visibly degraded. Andreessen Horowitz now leads the round; General C…

NVIDIA takes warrants for $500m in Corning stock as fibre-optics partnership goes structural
NVIDIA takes warrants for $500m in Corning stock as fibre-optics partnership goes structural

The deal pairs a 15-million-share warrant at $180 with a pre-funded warrant for 3 million more, against a Corning commitment to build three new US optical-connectivity plants and grow capacity tenfold. Corning shares closed up roughly 14 per cent. NVID…