As Grok flounders, SpaceX bets future on beating Big Tech at AI
… An AppMagic survey of 260,000 US consumers and workers who use AI found that just 0.174 percent paid to use Grok in the second quarter of 2026, The Wall Street Journal reported. …
… An AppMagic survey of 260,000 US consumers and workers who use AI found that just 0.174 percent paid to use Grok in the second quarter of 2026, The Wall Street Journal reported. …
In Brief Posted: 5:21 PM PDT · May 20, 2026 Lucas Ropek Anthropic says it’s about to have its first profitable quarter Anthropic has told its investors that it will more than double revenue to around $10.9 billion in its second quarter, and deliver an operating profit for the first time, the Wall S… …
… According to the Wall Street Journal , Meta Platforms has delayed the release of its newest AI model to developers several times. …
… OpenAI is considering reducing the cost of tokens, the units used to measure and bill for AI usage, before a possible similar action by its fast-rising competitor, The Wall Street Journal reported, citing people familiar with the matter. …
… The Wall Street Journal, which first reported news of the partnership, reported the new venture was valued at $1.5 billion , which includes a $300 million commitment each from Anthropic, Blackstone, and Hellman & Friedman. …
… As The Wall Street Journal notes, critics suggest that Anthropic's warnings about its own technology are a marketing ploy, perhaps in an effort to make it look like the least egregious among all the AI companies or to make it appear as if its products are the best out there. …
… The company said its run rate revenue crossed $47 billion earlier this month, and The Wall Street Journal recently reported that the startup expects a 130% revenue surge to bring it to its first operating profit. “Claude’s latest advancements have driven large-scale adoption among the world’s most … …
… According to the Wall Street Journal , the Trump administration’s decision to halt all foreign use of Anthropic’s most capable AI models followed chats between Amazon chief executive Andy Jassy and US officials, including US Treasury secretary Scott Bessent, people familiar with the matter said. …
… A Wall Street Journal report claimed Amazon CEO Andy Jassy contacted US officials, including Treasury Secretary Scott Bessent, after researchers at Amazon used a series of prompts to get Fable 5 to generate malicious code. …
… Wall Street wants to bet on AI, and it can’t bet on OpenAI because it’s not public yet. …