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CoreWeave, which rents out Nvidia AI chips to large firms such as Microsoft, said in its first earnings report as a public company that it generated $980 million in revenue in the three months ending in March, up more than five times from the same period a year earlier. But investors soured on ...
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The Information
Kennedy Liu helped set up his American company's R&D center in Shenzhen and knew from the start it had to run more like a Chinese company. Read more ›
583 fresh
A WIRED review of a now-deleted Twitter account that used the screen name “Dr. Erwin J. Antoni III” shows it posted conspiratorial content about the 2020 election, Covid-19, and Jeffrey Epstein. Read more ›
429 fresh
SoftBank will invest $2 billion in Intel at $23 per share, a move seen as both a vote of confidence in Intel’s U.S. chipmaking comeback and a strategic bet on an undervalued semiconductor maker. Read more ›
363 fresh
MSNBC is rebranding to "MS NOW" and is getting a new logo. Employees are chattering about what the rebrand signals for the cable TV network's future. Read more ›
338 fresh
Move protects Americans’ civil liberties, Trump’s director of national intelligence Tulsi Gabbard tells FT Read more ›
288 fresh
The Trump administration is considering taking a 10% stake in Intel by converting $10.9B in Chips Act grants into equity, a move that would make the U.S. government Intel’s largest shareholder and mark a major shift in how federal chip funding is deployed. Read more ›
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This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: A short-notice meeting at the White House today brought President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and seven other European leaders together to discuss the […] Read more ›
247 fresh
Russian state media footage shows the M113 armored personnel carrier driving into combat in the Zaporizhzhia region. Read more ›
245
Apple today released the fourth public betas of iOS 26, iPadOS 26, and macOS 26, allowing the public to test the updates ahead of their September launch. The fourth public betas come a week after the third public betas, and the updates correspond with the seventh developer betas that were released earlier today. Beta testers that have registered on Apple's website can download the iOS 26 and iPadOS 26 updates... Read more ›
240 fresh
OpenAI has launched ChatGPT Go, a $4.57 monthly subscription tier initially available only in India. The service provides, compared to the free tier, extended access to GPT-5, image generation, file uploads, advanced data analysis, longer conversation memory, and custom GPTs at Rs 399 per month. ChatGPT Go excludes features found in the $20 ChatGPT Plus tier including legacy models like 4o, Sora video generation, deep research, agent mode, and connectors.... Read more ›
221 fresh
Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution. Read more ›
220 fresh
Starbucks salaried employees, such as store managers, are set to get a 2% raise in 2025 amid the company's turnaround plan. Read more ›
182 fresh
Recent polls have shown at least 60% of people asked—sometimes as many as 90%—have absolutely no idea what crypto is or how it works but would definitely not put their own money in it. Read more ›
177 fresh
The "Make Our Children Healthy Again Strategy" draft doesn't mention top killers of kids. Read more ›
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So far the most Meta has to show for it is a glitchy chatbot, a growing chorus of irritated users, and frustrated shareholders who would like to have something show for the billions of dollars spent on the project. Read more ›
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Apple is expected to delay the launch of its base iPhone 18 model until spring 2027, marking a major shift in the company's long-established release cycle, according to South Korea's ETNews. The report claims that Apple has informed some of its suppliers that the iPhone 18 will not be part of the September 2026 iPhone lineup. Instead, the company will unveil only higher-end models in the fall of that year,... Read more ›
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The Information
Just weeks after Nvidia reached a deal with President Trump allowing it to sell AI chips in China, the chipmaker has hit a new hurdle—Chinese authorities. China’s internet regulator in the past two weeks ordered local tech companies including ByteDance, Alibaba Group, and Tencent Holdings to suspend their purchases of Nvidia chips, citing data security concerns with the chips, according to three people briefed on the matter. Read more ›
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Venture investors are discussing ploughing as much as $1 billion into Texas-based energy startup Base Power at a $4 billion valuation, or about four times its valuation in April, according to a person with knowledge of the investment talks. The startup, co-founded in 2023 by Zach Dell, a former Thrive Capital investor and son of PC mogul Michael Dell, generates revenue by managing a fleet of home backup batteries and... Read more ›
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Bullish, the crypto exchange operator and owner of news outlet CoinDesk, raised $1.1 billion in an upsized initial public offering. The Peter Thiel-backed firm said it is selling 30 million shares in its IPO at $37 per share, higher than the earlier target range of $32 to $33 per ... Read more ›
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We’re in a new era of government intervention in corporate America. The latest example is Bloomberg’s report on Thursday that the Trump administration was in talks to “take a stake” in Intel. Just on Monday, President Donald Trump said he and Nvidia CEO Jensen Huang had agreed that Nvidia would pay the government 15% of whatever revenues it generates from the sale of AI chips to China, in exchange for... Read more ›
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Vercel, a nine-year-old cloud startup that companies use to host and develop websites and artificial intelligence apps, has been approached by investors offering to invest hundreds of millions of dollars at a valuation between $8 billion to $9 billion, according to a person with direct knowledge of the discussions. The new funding could nearly triple Vercel’s private valuation from a financing in May last year and follows a recent growth... Read more ›
35
For all the talk about the rise of low-cost or open-source AI models, enterprises are still gravitating to brand-name models from OpenAI, Google and Anthropic. That’s prompting database providers like Snowflake, Databricks and Oracle to strike deals allowing database customers to use the brand-name AI to build chatbots and search tools that can analyze each customers’ proprietary data. In the latest example, Oracle and Google announced an agreement this morning... Read more ›
21
In the fast-paced AI wars, time is precious. So when Google last month said it would pay Windsurf $2.4 billion to license the prominent AI startup’s technology and hire some of its employees, the search giant hurried to add Windsurf’s researchers and engineers to its ranks. Within a day, Google had onboarded most of the Windsurf staff it had hired—but not all of them. Some of them were left in... Read more ›
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A group of more than 80 chief executive officers at crypto and fintech firms signed a letter to President Donald Trump urging him to block U.S. banks, such as JPMorgan Chase, from charging fees for access to customer data, which could threaten the business model of fintech firms. The CEOs at ... Read more ›
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Perplexity made headlines this week when the artificial intelligence startup said it had offered to buy Google’s Chrome, the world’s largest internet browser, for a price amounting to nearly double its valuation. While that acquisition seems unlikely to transpire, the company has been on the prowl for smaller browsers it could more easily bite off. Since the end of last year, executives at the three-year-old startup have communicated with leaders... Read more ›
15
SAP is in the midst of an artificial intelligence–fueled overhaul. The 53-year-old German enterprise software giant has undertaken a massive reorganization over the past year and a half, cutting 8,000 jobs since the start of 2024 as it aims to use AI for cost savings while hiring in new areas focused on selling enterprise AI applications. Today we’re publishing an org chart identifying more than 30 of the top executives... Read more ›
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Most popular sources
Business Insider
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26% 8 |
MacRumors
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10% 8 |
Gizmodo
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10% 3 |
Tom's Hardware
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8% 14 |
Wired
|
8% 7 |
| View sources » | |
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19.08.2025 01:21
Last update: 01:15 EDT.
News rating updated: 08:12.
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