The Information

Qualcomm is reportedly in talks to acquire AI chip company Tenstorrent, a RISC-V-based firm, in a deal valued at $8 billion to $10 billion. The potential acquisition aligns with Qualcomm's datacenter ambitions and efforts to expand its RISC-V ecosystem, following its earlier purchase of Ventana Micro Systems. Tenstorrent's CEO, Jim Keller, is known for his work at AMD, Apple, and DEC.

Microsoft is considering restructuring its Xbox division, including potential layoffs, reevaluating the next-generation Project Helix console, and exploring options to spin off the business into a separate entity. The company has not ruled out turning Xbox into a subsidiary, joint venture, or selling it entirely to improve sustainability.

A German regional court ruled that Google is liable for its AI-generated search overviews, which falsely linked two publishing companies to scams. The court argued that these summaries constitute Google's own content, making the company potentially vulnerable to defamation lawsuits, despite typical protections for search engines linking to external sites.

Meta is developing an AI pendant and smart glasses, aiming to sell 10 million wearables by the second half of 2026, as reported by The Information.

Google has signed a classified agreement with the US Department of Defense allowing its AI models to be used for 'any lawful government purpose.' The deal follows employee concerns about potential misuse, and places Google alongside OpenAI and xAI in similar Pentagon contracts. Anthropic was previously blacklisted for refusing Pentagon demands.

Kalshi, a U.S. options exchange, is entering the crypto derivatives market by offering perpetual futures contracts to compete with platforms like Coinbase and Robinhood. The move aims to expand Kalshi's reach in the cryptocurrency trading space by introducing products that mimic traditional futures markets.