As Chinese AI models grow in capability and popularity among US companies, the arguing over what should be done about them has reached a fever pitch.
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Anthropic reached a $47 billion revenue run rate by May 2025, up sharply from $9 billion earlier that year. Menlo Ventures partner Matt Murphy, who led the firm's $500 million Series D investment in Anthropic, described the growth as unprecedented in his 25-year investing career. Murphy noted that not even the internet, mobile, or early cloud booms produced comparable trajectories. His comments highlight how Anthropic has rapidly evolved from a pre-revenue startup into one of the fastest-growing companies in the AI sector.
Project management software firm Monday.com has announced a layoff affecting approximately 630 employees, representing 20% of its total workforce. The company stated the cuts are intended to build a leaner and more focused operating model. The restructuring aligns with Monday.com's strategic shift toward developing its AI Work Platform. No specific timeline for the layoffs was provided in the announcement.
Google has introduced a new feature that makes switching from iPhone to Android easier. The update allows users to wirelessly transfer a wider range of data types from their iPhone to an Android device. Notably, the process no longer requires users to download a separate application. The move is seen as Google's effort to reduce friction for users considering a switch from Apple's ecosystem to Android.
Apple is reportedly working on an updated version of its MacBook Neo budget laptop, according to Bloomberg's Mark Gurman. The refreshed model is expected to feature an A19 Pro processor, the same chip currently used in the iPhone 17 Pro, Pro Max, and iPhone Air. This would be an upgrade from the current model's A18 Pro chip, which originally powered the iPhone 16 Pro. The chip change is also expected to bump RAM from 8GB to 12GB. Apple is additionally said to be planning new color options for the updated Neo, though component shortages may affect the timeline.
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