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Google, Blackstone team up to launch AI cloud venture

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Google, Blackstone team up to launch AI cloud venture

Google and Blackstone plan to launch a cloud company using Google's specialized chips, the companies announced. Blackstone will be majority owner of the venture, The Wall Street Journal reports, contributing $5 billion in initial funding. With plans to bring 500 megawatts of capacity online in 2027, the partnership aims to meet surging demand for AI computing power while rivaling CoreWeave and Nvidia. Google announced last month it was developing tensor processing units, or TPUs, designed specifically for inference to enhance model efficiency.

SpaceX bumps up IPO after quick regulatory review

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SpaceX bumps up IPO after quick regulatory review

SpaceX plans to go public earlier than expected, Reuters reports, citing anonymous sources, who say the startup has selected Nasdaq as its listing venue. The new timeline, accelerated by an unexpectedly fast federal regulatory review, has SpaceX targeting a market debut as early as June 12, with its prospectus now expected to become public as soon as May 20.

Cisco forecasts strong sales growth, plans job cuts

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Cisco forecasts strong sales growth, plans job cuts

Cisco Systems saw its shares climb in after-hours trading after reporting a better-than-expected sales forecast, projecting revenue as high as $16.9 billion for the current quarter. To focus on its growing AI market, however, the company says it plans to cut fewer than 4,000 jobs. The restructuring comes as Cisco looks to shore up its competitive position in the AI sector, with the company anticipating $9 billion in orders from data center customers in the current fiscal year, well above the $5 billion it initially projected.

Claude Mythos security analysis thumbnail showing a laptop with curl code and a report that found five issues, only one confirmed low-severity vulnerability, emphasizing the gap between AI hype and real-world security findings.

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Claude Mythos and Curl Show the Real Problem With AI Bug Hunting

Anthropic’s restricted Claude Mythos model reportedly found only one real low-severity vulnerability in curl, despite claims that the model had discovered thousands of zero-days elsewhere. The result does not prove AI security research is overhyped, but it does show the gap between marketing, real-world validation, and mature open-source codebases.

Anthropic’s Wall Street AI Venture Is a Warning Shot for Consulting

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Anthropic’s Wall Street AI Venture Is a Warning Shot for Consulting

Anthropic’s new enterprise AI services venture with Blackstone, Goldman Sachs, and Hellman & Friedman is not literally replacing McKinsey overnight. But it does point to a major shift in consulting: companies may increasingly want AI engineers, custom agents, and embedded automation teams instead of traditional slide-deck strategy work.