80 place 24
Artificial intelligence startups such as coding assistant Cursor and legal AI software-maker Harvey have become fundraising beasts, raising hundreds of millions of dollars in rounds just months apart. But some founders are bucking that trend, instead opting to “seed-strap” their businesses, using revenue to expand operations after an initial round of venture capital. This approach appeals to entrepreneurs who don’t want to cede much control to outside investors and are focused on becoming profitable rather.
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Kelly Ortberg, the CEO of Boeing, said he is working with the DOGE team to speed up delivery. Read more ›
3,385 fresh
A new AI tool developed by Google solved a decade-long superbug mystery in just two days, reaching the same conclusion as Professor Jose R Penades' unpublished research and even offering additional, promising hypotheses. The BBC reports: The researchers have been trying to find out how some superbugs - dangerous germs that are resistant to antibiotics - get created. Their hypothesis is that the superbugs can form a tail from different... Read more ›
1,386 fresh
Another week, another alleged leak regarding Apple's fabled foldable iPhone. We've been hearing rumors about an iPhone that folds in half for over eight years now. While they have lacked consistency, they do suggest that Apple has tested various prototypes, with the hinge seemingly the biggest challenge Apple has been trying to overcome. Apple wants to eliminate any crease in the screen before bringing a device to market. Today's "exclusive"... Read more ›
941 fresh
Elon Musk spoke at the Conservative Political Action Conference (CPAC) on Thursday, giving a strange and often inarticulate on-stage interview to Newsmax presenter Rob Schmitt. Schmitt was all smiles and enthusiasm, and managed to steer Musk through the half hour, never pausing to look back on the obvious logical inconsistencies, various falsehoods, and mathematical errors […] Read more ›
914 fresh
Citi CEO Jane Fraser said the bank would renaming its diversity, equity, and inclusion team, among other changes, amid a growing DEI backlash. Read more ›
601
Meta approved a plan to increase bonuses for company executives to up to 200% of their base pay amid layoffs targeting about 4,000 employees. Read more ›
524
Scammers pose as T-Mobile reps, trick people into buying phones, and then steal those devices. Read more ›
509 fresh
"This guy is not a DEI consultant," Watters said on Fox News. "He is not a climate consultant. This guy is a veteran." Read more ›
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The launch of the Blue Ghost module, scheduled to land on the moon early next month, is a key step in creating an Earth–moon supply chain. Read more ›
418 fresh
On Friday, Amsterdam-based Fastned, the fast-charging company, announced that it has completed its most successful bond issue to date, with over €36.5M raised in the company’s first tranche of 2025. This tranche is the 17th in Fastned’s bond programme. Of this latest issue, more than €20M comes from new investments, while over €16M came from ... Read more Read more ›
416 fresh
A review of DOGE savings posted to its "wall of receipts" showed it lowered its claimed savings from $16.5 billion to $7.2 billion. Read more ›
416
On Wednesday Apple introduced the iPhone 16e, which is its new entry level smartphone. Two days after the launch, the smartphone goes on pre-order in 59 countries and regions, including Australia, Canada, China, France, Germany, India, Japan, Malaysia, Mexico, South Korea, Türkiye, the UAE, the UK, and the US. The iPhone 16e has a binned A18 chip, where the CPU is the same as the regular version, but the GPU... Read more ›
374 fresh
A series of mistakes by DOGE shows just how arbitrary and destructive this slash-and-burn strategy can get. Read more ›
308
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón's film Roma, which was made in Mexico and went on to international acclaim. Read more ›
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Donald Trump's warmness toward Russia has ignited discussions about some Western companies returning to Russia. Read more ›
284 fresh
Alia Shawkat was a notable guest star, who appeared in "Severance" season 2. She plays a Lumon employee in the season premiere. Read more ›
269 fresh
Nothing got a taste of its own medicine hours after publicly making fun of Apple. Read more ›
256 fresh
Some of the biggest U.S. banks are muscling into crypto services for big funds, investors and traders, taking advantage of fast-loosening regulations under President Donald Trump to launch digital asset versions of businesses they have long dominated. For now, most of the action involves the business of custody, or safekeeping crypto on behalf of investors. State Street, one of the world’s biggest custody banks for stocks and bonds, is planning... Read more ›
73
Taiwan Semiconductor Manufacturing Co., the world’s leading manufacturer of advanced chips for artificial intelligence, is considering whether to take a controlling stake in Intel’s chip manufacturing factories after Trump administration officials asked it to do so, according to a Bloomberg ... Read more ›
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Broadcom has joined TSMC in considering possible deals to buy part of Intel, the Wall Street Journal reported, the latest sign of the U.S. chipmaking icon’s steady decline. Last week officials within the Trump administration asked TSMC, which makes most of the world’s most advanced chips on ... Read more ›
39
Over the past two years, the explosive growth of artificial intelligence has created a dilemma for tech behemoths: How can their data centers meet AI’s mind-boggling need for electricity without befouling the planet in the process? Amazon, for one, may have found an answer to that question 200 miles southeast of its headquarters, on a patch of sagebrush and tumbleweeds in Richland, Wash. A local public power agency, Energy Northwest,... Read more ›
14
The model race continues. On Monday evening, Elon Musk’s xAI released a new family of large language models, Grok 3, which includes a baseline model, a smaller and faster version of the baseline model, and two “reasoning” models.Early reactions seem promising. Andrej Karpathy, one of the cofounders of OpenAI who left the company last year, said on X that the reasoning version of Grok 3 performs around the level of... Read more ›
9
Long gone are the days when podcasting just meant audio episodes. Spotify and others have been pushing podcasters to post video versions of their shows, which can open up new types of advertising such as product placement and give podcasters video clips that can expand their reach. But some podcasters are skeptical that the video effort will pay off. Video is “forcing people to change what the core competency of... Read more ›
3
The question “What did Ilya see?” became an oft-repeated meme asking why OpenAI’s chief scientist, Ilya Sutskever, cast a dramatic vote to oust Sam Altman in the short-lived ouster of the CEO 15 months ago. A significant fundraising that would value Sutskever’s new startup, Safe Superintelligence, at more than $30 billion turns that question on its head. The new money would make the company one of the 12 most valuable... Read more ›
2
Nuclear isn’t the only source of carbon-free power that has energized the tech industry. For years, solar and wind have been mainstays for tech companies looking to reduce the greenhouse gases emitted by their data centers and other operations. The tech industry is also forming partnerships to build power plants that use new technologies to tap geothermal energy, some of which are already operational. The most speculative, and promising, technology... Read more ›
0
Around the time Jigar Shah became director of the loan programs office at the U.S. Department of Energy, his venture capitalist friends gave him an earful about the idea of investing in nuclear power startups. “Like, 20 of my best friends in 2021 told me, ‘Jigar, we will never, ever in a million years invest in nuclear power,’” said Shah, whose office doled out tens of billions of dollars in... Read more ›
0
Meta Platforms has hired ex-Cruise CEO Marc Whitten to lead a new division in its Reality Labs Department focused on AI-powered humanoid robots. The company has also brought on John Koryl, the former CEO of luxury retailer The RealReal, to help boost retail sales of its wearable devices. The ... Read more ›
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21.02.2025 06:36
Last update: 06:31 EDT.
News rating updated: 13:32.
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