Latest Technology News
Anthropic Unveils Updated Opus 4.7 AI Model
Anthropic released an updated version of its Opus 4.7 AI model just a week after the limited release of Mythos. Bloomberg reports this as a key development in AI capabilities. The update highlights ongoing rapid progress in frontier AI models.
TSMC Reports Profit Surge and Raises 2026 Revenue Outlook on AI Demand
TSMC announced a significant profit increase and elevated its 2026 revenue forecast, fueled by robust demand for AI chips. This reflects the booming AI hardware market. Strong AI chip sales underscore the sector's growth momentum.
Salesforce Launches Headless 360 for AI Agents
Salesforce introduced Headless 360, exposing its entire Customer 360 platform as APIs, MCP tools, and CLI commands for AI agents to operate without browsers. This marks a fundamental architectural shift after 27 years. It includes open-sourcing Agent Script and a $50M AgentExchange initiative with consumption-based pricing.
VTEX Announces AI-Native Ecommerce Suite
VTEX placed AI at the core of its architecture via VTEX Vision 2026, becoming an AI-native commerce platform. It integrated Google Universal Commerce Protocol for Gemini discovery and checkout. The platform serves 2,200 customers across 44 countries, including major brands like Sony.
Snap Cuts 1,000 Jobs Citing AI Efficiencies
Snap announced layoffs of about 1,000 employees (16% of workforce) and closure of 300 open roles, blaming AI for reducing repetitive work. CEO Evan Spiegel emphasized AI to boost velocity in small teams. This is part of a trend where companies attribute cuts to AI adoption.
Wall Street Hits Record Highs Led by Tech Rally
US equities reached fresh record highs with a 12-session Nasdaq rally driven by tech momentum. AMD and Microsoft surged while Netflix dropped on guidance. Global markets remain steady amid growth surprises.
Apply Digital Launches TORQ AI on Google Cloud
Apply Digital unveiled TORQ AI, an agentic accelerator on Google Cloud for CPG, retail, and media brands to achieve AI personalization in 30 days. It operates in clients' own environments with full compliance. The tool connects to proprietary data for scaled content velocity.
Elon Musk Accelerates Terafab Plan Amid Skepticism
Elon Musk is pushing forward with the Terafab plan despite growing skepticism from the semiconductor industry. This initiative aims to advance fabrication technology. It coincides with broader AI hardware developments.
Travel Tech Updates: Omio, Mews, Spotnana News
PhocusWire rounded up travel tech news including updates from Omio, Mews, and Spotnana. These cover people, product, and partner developments in the global travel industry. The briefs highlight ongoing innovations in travel technology.
Manycore Tech Surges on Hong Kong Debut Amid Robotics Rise
Manycore Tech's stock surged on its Hong Kong debut, with co-founder discussing China's robotics growth. This reflects investor interest in advanced tech sectors. The company focuses on robotics innovations.
Atlassian Layoffs to Fund AI Investments
Atlassian announced layoffs to self-fund AI and enterprise sales growth while strengthening finances. CEO Mike Cannon-Brookes noted the tough impact on employees. This aligns with broader AI-driven restructuring in tech.
Block and Other Firms Blame AI for 2026 Layoffs
Companies like Block joined Snap in cutting hundreds of jobs, openly citing AI as a factor for efficiencies. This trend shows AI reshaping workforces across tech sectors. Critics like Sam Altman call it 'AI washing' for cost-cutting.