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What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock
Few things are more valuable in the Bay Area than real estate. In San Francisco, the median house price is now over $2 million. Last month, at least seven houses in the city sold for $1 million over the asking price, and buyers regularly offer to pay in cash or waive contingencies to stay competitive.
Flush With Cash From OpenAI, Opal Is Making an AI-Powered Audio Gadget
A small San Francisco startup known for making well-appointed, beautifully designed webcams is now vying to become the AI hardware company of the moment. Opal Camera is rebranding to Opal Electronics and will expand its product portfolio beyond webcams to a broad range of consumer devices, some of which will be AI-focused. It aims to emulate Sony Electronics as a wide-ranging consumer gadget brand by focusing on design and culture, not just tech.
Fed's Daly says AI is not for now driving inflation up or down
Fed's Daly says AI is not for now driving inflation up or down June 4 : San Francisco Federal Reserve President Mary Daly on Thursday said that while she believes AI over a five- to 10-year window could be a deflationary force, the effect is "not a pressing issue" for monetary policy which operates on a 12-month horizon. Daly, at a Bloomberg Tech event in San Francisco, also said she also does not think that AI is behind the current rise in inflation, which being driven by higher tariffs...
Will the AI economy create a permanent underclass?
From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the tax revenue needed to deal with the tech’s falloutBusiness live – AI to drive up UK youth unemploymentThe San Francisco Bay Area is in the midst of an AI frenzy that makes the California gold rush of the mid-19th century look like a scavenger hunt. Top programmers and developers are being offered compensation packages worth hundreds of millions of dollars to switch firms, while young...
Will the AI economy create a permanent underclass?
From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the tax revenue needed to deal with the tech’s falloutBusiness live – AI to drive up UK youth unemploymentThe San Francisco Bay Area is in the midst of an AI frenzy that makes the California gold rush of the mid-19th century look like a scavenger hunt. Top programmers and developers are being offered compensation packages worth hundreds of millions of dollars to switch firms, while young...
Cisco rolls out software tools to protect IT systems from AI agents
Cisco rolls out software tools to protect IT systems from AI agents SAN FRANCISCO, June 2 : Cisco Systems on Tuesday announced a new suite of software tools that businesses can use to build their own armies of bots known as AI agents, to protect their IT infrastructure against cybersecurity threats. Cisco's announcement comes as Anthropic is set to release its Mythos model in the coming weeks, an AI tool that some experts fear could be used by hackers to turbo-charge cyber attacks. Cisco...
Meet Microsoft Scout, Your AI Coworker That Never Logs Off
Soon, your coworkers in Microsoft Teams might not all be human. Scout, an always-on AI agent announced at Microsoft’s Build developer conference on Tuesday, can go through your work messages, calendar, and email inbox to automate tasks, reschedule meeting conflicts, and draft professional-sounding responses. Microsoft more or less built an enterprise agent on top of OpenClaw, the AI tool that riveted San Francisco’s early adopters at the start of 2026.
Google 'refuses' funding from Trump administration for Quantum Computing; here's why
Google refused to participate in the $2 billion quantum computing funding announced by the US government last month. The tech giant has now explained that the funding from the Trump administration came with "conditions" that would’ve prevented the company from moving as quickly as it wanted in its quantum computing efforts. Speaking at the Semafor Tech Summit in San Francisco this week, Google Quantum AI Chief Operating Officer Charina Chou said the company decided not to pursue the funding...
When IPOs go wrong: SpaceX, AI firms face a delicate process
When IPOs go wrong: SpaceX, AI firms face a delicate process SAN FRANCISCO, June 3 : Beware the ghosts of IPOs past. SpaceX and Anthropic are preparing for what may be the biggest public-market launches in U.S. history, with OpenAI rumored to be close behind. That will put the companies' chiefs in the sights of the buttoned-down world of Wall Street, even as they sell moonshots in the form of rockets and artificial intelligence software that occasionally makes up answers.
‘Not Nvidia’: Cerebras CEO reveals strategy to break AI giant’s grip
Nvidia may dominate the artificial intelligence (AI) hardware market, but Cerebras Systems doesn’t want to work with the chip giant. The $95 billion AI chip company is positioning itself as a partner to companies looking to build AI infrastructure outside its ecosystem. Speaking at the recent Bloomberg Tech conference in San Francisco, Cerebras CEO Andrew Feldman said the AI chipmaker is working with every major hardware manufacturer in the industry except Nvidia as it expands partnerships...