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Saudi Arabia, long viewed as a fountain of cash for the tech industry, has flipped the script, getting U.S. companies to fund its build-out of artificial intelligence.
President Donald Trump announced hundreds of billions of dollars in deals when he visited Riyadh this week. The announcements touted investments in the U.S., but in many cases the Saudi money will go to U.S. companies to fund projects inside Saudi Arabia.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Myanmar’s fintech story is not a straightforward story of growth. It is more complex but can play a role in its economic development. Read more ›
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Официальное предупреждение (дисклеймер)Настоящая статья подготовлена с использованием технологий искусственного интеллекта.В частности:— экспериментальные данные обработаны и проанализированы нейросетью;— иллюстративный материал, сопутствующие слоганы, а также предисловие и послесловие сгенерированы нейросетью;— макет статьи редактировался и корректировался нейросетью.Лицам, придерживающимся позиции «ИИ‑веганства» (испытывающим устойчивый страх, неприязнь или психологический дискомфорт по отношению к нейрос Read more ›
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Самые интересные новости финансов и технологий в России и мире за неделю: дело о пропавшей Набиуллиной, ГосVPN для разрабов, разблокировка Roblox, в Европе начали повышать процентную ставку, OpenAI подали заявку на IPO, нёрд-эксортницы в Калифорнии, а также российский суд на защите нейрослопа в дипломах. Читать далее Read more ›
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Honor has announced the launch date for the X80 Pro Max. Alongside the confirmation, the company has also unveiled the phone's design and color options. The Honor X80 Pro Max is set to launch in China on June 22, the company confirmed in an official Weibo post. Honor has also opened reservations for the smartphone through its official online store. Honor has confirmed that the X80 Pro Max will pack... Read more ›
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XRP extended its rebound from recent lows on the strongest buying activity in weeks, with institutional flows and ETF demand supporting a push toward the $1.20 level. Read more ›
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AI models are hoovering up corporate knowledge, and that's leaving one big loser, says Satya Nadella. Read more ›
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Shania Twain said there was a time when she stopped looking in the mirror before going on stage because she was unhappy with her appearance. Read more ›
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Fintech major Razorpay has filed its draft red herring prospectus (DRHP) for an IPO through the confidential route, as per… Read more ›
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How to watch World Cup for free. Live stream Saudi Arabia vs. Uruguay in the 2026 FIFA World Cup for free. Read more ›
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Spotify is embedding editor-led videos inside its New Music Friday playlist for US listeners, giving the weekly discovery experience a more personal feel. Read more ›
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How to watch World Cup for free. Live stream Iran vs. New Zealand in the 2026 FIFA World Cup for free. Read more ›
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A peace agreement that reopens the Strait of Hormuz pulled the geopolitical premium out of oil and put back into risk assets. Read more ›
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Harley-Davidson uses variants of its Milwaukee-8 engine in many of its current-day motorcycles, but is this modern big twin engine reliable? Read more ›
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Connections: Sports Edition is a New York Times word game about finding common sports threads between words. How to solve the day's puzzle. Read more ›
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The New York Times' latest game, Pips, brings domino fun to your desktop. How to play Pips as well as hints in case you get stuck. Read more ›
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The Information
Nvidia and SK Hynix have signed a multiyear deal to work together on advanced memory chips, as AI demand strains global memory supply. The agreement covers chip design and manufacturing, and includes memory for Nvidia’s Vera Rubin platform, its next major AI system. The deal, announced during ... Read more ›
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TSMC’s capacity struggles are turning into a boon for Intel. As the Taiwanese chip making giant struggles to meet overwhelming demand for its chip manufacturing capacity, several major AI chip design companies, including Google and Nvidia, are quietly turning to Intel as a backup manufacturer for their most advanced processors, according to four people with direct knowledge of the discussions. Read more ›
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Italian conglomerate Bending Spoons, which has acquired a string of aging U.S. internet businesses including AOL, Eventbrite, Evernote and Vimeo, filed to go public in the U.S. to give it the funds to pursue more acquisitions. The company’s IPO paperwork shows Bending Spoons’ revenue ... Read more ›
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Last week, Anthropic boasted that Claude is now writing 80% of Anthropic’s code, which the company presented as a harbinger of a critical leap in artificial intelligence called recursive self-improvement. That’s when models are so capable that they can create the next generation of AI without human involvement. Excitement about recursive self-improvement seems to be in the air in Silicon Valley. Last month OpenAI sponsored a conference on the topic... Read more ›
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Goldman Sachs and JPMorgan are exploring ways to trade on the cost of computing power, according to people familiar with the matter. That includes trading futures contracts tied to rental prices for graphics processing units, among the scarcest resources of the AI boom, which exchanges plan to list later this year. The discussions show how the hundreds of billions of dollars pouring into data centers and chips are reshaping financial... Read more ›
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On a dusty stretch of prairie in Abilene, Texas, anxious hardware engineers from Crusoe, a data center developer for OpenAI and Oracle, have been working overtime to get natural gas turbines to work harmoniously with one of the most expensive AI supercomputers in history.It has proven harder and more costly than expected, according to two people with direct knowledge of the issue as well as engineers and power grid experts... Read more ›
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Apple launched a much anticipated new version of its Siri voice assistant at the start of its annual developer conference on Monday, which users will be able to access through a new Siri app. The refreshed voice assistant, now called Siri AI, which uses Google’s Gemini models, will allow users ... Read more ›
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OpenAI said on Monday that it has filed draft paperwork for an initial public offering with the Securities and Exchange Commission, a week after rival Anthropic said it had done the same. OpenAI also plans to let employees sell their shares ahead of the IPO, according to a person familiar with ... Read more ›
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OpenAI on Monday had good news and bad news for the media corps that avidly follows its every twist and turn. The good news is that it filed confidentially to go public, a week after Anthropic did the same thing. (Yippee!) The bad news: OpenAI said it has “not decided on timing yet” and “it may be a while because there are things we want to do that are likely... Read more ›
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Databricks, a provider of database management software, has discussed raising more money in a funding round that could kick off within the next month, according to multiple people with direct knowledge of the conversations. Databricks has indicated to investors the new round could lift its valuation to between $165 billion and $175 billion. That would mark a jump from its $134 billion valuation, including the money raised, in a round... Read more ›
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15.06.2026 01:10
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