Business
20 articles

Google Makes Gemini AI Image Generation Free for US Users
Gemini can now pull images directly from Google Photos, generating customized AI images for free without manual upload.

FTC Approves Elon Musk's Mesh Acquisition
Just months after raising $50 million, Mesh Optical Technologies, a startup boasting a 1.

Elon Musk loses billions, falls from trillionaire status
Elon Musk lost his trillionaire status on Tuesday, his fortune valued at $957bn, according to the BBC .

Superhuman acquires GPTZero AI detection startup
Just three years after its founding, AI detection startup GPTZero, with over 19 million users and $30 million in annual revenue, has been acquired by Superhuman.

Elastic buys DeductiveAI for up to $85 million
DeductiveAI, an AI site reliability engineering startup, has been acquired by Elastic for up to $85 million, according to TechCrunch .

Apple's AI Push Forces iPhone Price Increases
Apple's Mac Mini compact computers saw a $200 price hike earlier this year, a stark precursor to what CEO Tim Cook warns is an 'unsustainable' situation for iPhone pricing due to soaring memory chip c

AI industry layoffs spark powder keg concerns as companies re-evaluate
Last month, nearly 40,000 tech workers were laid off, marking the highest single month for tech cuts in two years.

KPMG retracts AI report after uncovering inaccuracies in its claims
Only five of 45 citations in KPMG's 'Redefining excellence in the age of agentic AI' report were accurate, a discovery that forced the report's withdrawal.

India debates AI future as Anthropic suspends models for foreign nationals
On June 12, 2026, Anthropic abruptly suspended global access to its newly released Fable 5 and Mythos 5 AI models for all foreign nationals, following a direct order from the U.

Andrew Yang builds tech solutions, not waiting for Washington
Andrew Yang, once a presidential hopeful on a universal basic income platform, has launched Noble Mobile, a startup that pays users to spend less time on their phones.

Google taps SpaceX for multi-year AI compute services
Google will pay Elon Musk's SpaceX nearly $1 billion every month for AI computing power, a staggering sum that reveals the intense global race for advanced AI infrastructure.

Founders Share VC Horror Stories, Naming Names on X
During a $15 million Series A pitch, a venture capitalist reportedly fell asleep for over 30 minutes, yet still offered a term sheet, according to Greg Isenberg on X.

Reid Hoffman to step down from Microsoft board for AI startup
Reid Hoffman, a long-standing director at Microsoft and a titan of Silicon Valley, informed the company on June 2, 2026, that he would not seek re-election, choosing instead to fully commit to his AI

Uber deploys 500 Hyundai EVs for global data collection
On Friday, Uber's modified Hyundai Ioniq 5s, bristling with cameras and lidar, began silently mapping Washington, DC streets.

KC Green Reaches Deal With AI Startup Artisan Over Artwork Use
On bus stops and in subway stations, Artisan AI prominently featured a version of artist KC Green's character in an advertisement, prompting Green to publicly accuse the startup of theft.

Consumer AI Subscriptions Hit $20 Standard
In 2026, ChatGPT became the #1 most-expensed app by transaction volume, according to Aionx .

Indian court fines Google $31,600 over ad business practices
In a significant blow to its advertising model, the Delhi High Court ordered Google to pay Rs 30 lakh, approximately $31,600, for trademark infringement.

Google AI Overviews Break Disregard Definition Search
When searching for 'disregard' on Google, the AI Overview responds as if instructed to disregard the prompt, not providing a definition, reports 9to5Google .

Spotify launches AI features to personalize podcast listening
Spotify's new 'Studio' app can generate a daily podcast briefing using your listening habits, calendar, inbox, and even your personal notes, according to 9to5Google .

AI startup revolutionizes fragrance creation, personalizing scents
In 2024, AI startup Osmo achieved "Scent Teleportation," the world's first full digitization of scent without human intervention, according to beautymatter .