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CoreWeave is the first company trying to test Wall Street’s appetite for a new, tasty artificial intelligence offering. And investors don’t seem to like what they’re being served.The company priced its initial public offering tonight at $40 a share, putting a roughly $23 billion valuation on CoreWeave, according to CNBC. That’s way down from the $32 billion price bankers had been floating in recent weeks. The real test will come when CoreWeave stock starts trading Friday, but this is shaping up to be the ki
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The Information
Thousands of CDC employees who worked on things like preventing HIV and lead poisoning have been told they were subject to a reduction in force. Experts say people will die. Read more ›
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The man was arrested after an 'incendiary device was ignited and thrown,' at a Tesla dealership in Loveland, Colorado, per police. Read more ›
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Apple today released watchOS 11.4, the fourth major update to the operating system that runs on the Apple Watch. watchOS 11.4 is compatible with the Apple Watch Series 6 and later, all Apple Watch Ultra models, and the Apple Watch SE 2. watchOS 11.4 can be downloaded on a connected iPhone by opening up the Apple Watch app and going to General > Software Update. To install the new software,... Read more ›
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The documents reveal a DOGE affiliate is attempting to transfer the headquarters of an independent think tank, the United States Institute of Peace, to the government at no cost. Read more ›
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Trump said the nation would feel some financial pain due to tariffs. We're already in the thick of it. Read more ›
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Justice Department Attorney General Pam Bondi says she wants Luigi Mangione to die if he's convicted of killing UnitedHealthcare CEO Brian Thompson. Read more ›
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Though John Wick definitely seemed dead by the end of his last high stakes adventure, that no longer appears to be the case. During its presentation at this year’s CinemaCon, Lionsgate announced that it has greenlit production on yet another John Wick feature that will see Keanu Reeves return to reprise his role as the […] Read more ›
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Production for "House of the Dragon" season three is underway. Showrunner Ryan Condal has promised plenty of action and bloody battles to come. Read more ›
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From Copilot Plus PCs to MacBooks, these are the longest-lasting laptops we've tested. Read more ›
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More than 1,900 scientists and engineers have signed a letter saying they “see real danger in this moment” as the Trump administration slashes federal support for scientific research. “Wise investments by the US government have built up the nation’s research enterprise, making it the envy of the world,” says the open letter published on Monday. […] Read more ›
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On Sunday, a few thousand people in Green Bay, Wisconsin, gathered to hear Elon Musk speak â and give away two giant cardboard checks for $1 million. Attendance at the event was limited to people who had added their names to a petition against âactivist judges,â created by Muskâs America PAC. He has promised money […] Read more ›
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Adobe shifts away from DEI hiring targets, joining Google and Meta in scaling back diversity efforts. Read more ›
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The Institute of Museum and Library Services has long received bipartisan support. But after years of trying, President Donald Trump has delivered it a crushing blow. Read more ›
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The government will seek the harshest punishment in its prosecution of the accused executive killer. Read more ›
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You could call Shinichiro Watanabe's Lazarus a retread of his masterpiece, Cowboy Bebop. That’s not to say the show is bad — based on the five episodes I’ve seen so far, Lazarus is still an entertaining and stylish ride. But I’ve just come to expect more from a legendary creator like Watanabe. It’s set in the year 2052, a near-future when a renowned neuroscientist released Hapna, a drug that can... Read more ›
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We've picked out the best horror, sci-fi, and genre titles coming to Netflix, Hulu, Prime Video, Disney+, and beyond, including Andor, How to Train Your Dragon, and Terminator Read more ›
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The Corps is pairing the new attack drone team with its prestigious shooting team. Rifles are cornerstones for the service. Drones could be too. Read more ›
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Trump signed an order cracking down on "unscrupulous middle-men" who profit from reselling tickets at an "enormous markup." Read more ›
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Tobey Maguire's perfect hair swoop just might make you bust out your own questionable dance moves. Read more ›
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The Information
Stripe is putting up the kind of numbers that would send its stock soaring, if it had public stock. The payments processing firm doubled its free cash flow last year to about $2.2 billion and grew revenues about 28% to $5.1 billion, according to financial figures obtained by The Information. This year’s tech initial public offering parade is preparing to start. Sadly for public market investors, though, most of the... Read more ›
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OpenAI recently discussed purchasing billions of dollars’ worth of data storage hardware and software, according to three people involved in the private discussions. To house the hardware, the company has considered building its own data center for the first time, two of these people said. Such a deal would make OpenAI one of the world’s biggest storage customers overnight and would reflect its desire to have more control over data... Read more ›
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Amazon MGM Studios boss Jennifer Salke is leaving and won’t be replaced, according to an internal memo sent by Amazon Prime Video boss Mike Hopkins to staff. Hopkins said Amazon will “flatten” its structure and operate as two distinct film and TV studios. Courtenay Valenti will oversee ... Read more ›
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OpenAI recently discussed buying billions of dollars’ worth of data storage equipment and software to put into its own data center, The Information reported on Wednesday. This kind of deal would make OpenAI one of the world’s largest storage customers overnight, and represent its first foray ... Read more ›
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In the second Donald Trump era, the separation between tech and politics appears vanishingly small. “Eight years ago, you’d never see a Tim Cook or Elon Musk in Mar-a-Lago. Now, you see them all the time,” said Brian Ballard, founder of Ballard Partners and one of the top lobbyists recommended to us by industry insiders. Federal lobbying spending hit a record high in 2024, with companies, nonprofits and other interest... Read more ›
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Three technology companies are preparing to go public with valuations north of $15 billion over the next few weeks. So, cue the balloons on Sand Hill Road, the party at the Rosewood, the juicy bonuses for venture capitalists? Not so fast. The largest shareholder of AI cloud upstart CoreWeave is a debt-focused hedge fund. The biggest backer for ticket reseller StubHub is a family office. Only one VC firm owns... Read more ›
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Apple is developing a revamp of its Health app to incorporate an artificial intelligence-powered agent product to designed to replicate a doctor, Bloomberg reported. The report said Apple devices would collect data to be used by the agent to offer personalized health recommendations. It said ... Read more ›
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Cybersecurity firm Palo Alto Networks last year started adding artificial intelligence chatbots to its products to help customers get answers about their network security. The tools originally relied on state-of-the-art models from OpenAI and other firms. But Palo Alto Networks recently found that open-source models from DeepSeek, a Chinese developer, could handle the same tasks for just 5% of the cost of the OpenAI models, CEO Nikesh Arora said. Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: How the startup behind Cursor became the hottest, vibiest thing in AI• The Top 5: The lobbyists Silicon Valley loves to hire • Plus, our Recommendations: The indentured servants who excel at scams; an Anxious Generation villain; and the existential link between Mel Brooks and Leonard BernsteinSee the image atop this newsletter? OpenAI’s ChaptGPT created it with this prompt: “Make a Ghibli-style... Read more ›
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Last June, OpenAI landed in headlines for its splashy partnership with Apple. The iPhone maker’s Siri assistant would tap OpenAI’s models and ChatGPT to handle some queries and also help customers with writing and generating images.It looked like a huge win for the ChatGPT maker—at first. Nine months later, we’re wondering whether the deal has benefited OpenAI much.Financially, the partnership probably hasn’t been helpful to OpenAI. Apple isn’t paying OpenAI,... Read more ›
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Most popular sources
Wired
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39% 18 |
Business Insider
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28% 8 |
Gizmodo
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8% 10 |
The Verge
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4% 3 |
MacRumors
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3% 0 |
| View sources » | |
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01.04.2025 16:34
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