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Meta has agreed to take a 49% stake in data labeling firm Scale AI for $14.8 billion, two people familiar with the matter said. The unusual deal will be structured so Meta will send the cash to Scale’s existing shareholders and place the startup’s CEO, Alexandr Wang, in a top position inside Meta, the people said.
The deal, which hasn’t yet been finalized, appears to be a rich one for Scale’s shareholders, with big paydays for some of Scale’s biggest investors such as Accel, Index Ventures, Founders Fund a
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The Information
'Severance' led all nominees, and 'The Last of Us' and 'The Penguin' did well—plus Harrison Ford. Read more ›
3,119 fresh
Owners of Rivian vehicles are being treated to what could be a pretty major upgrade this week. In an announcement with Google, Rivian is introducing a new navigation experience that is powered by Google Maps. Rivian Navigation with Google Maps: Specifically, Rivian is switching to the Google Maps Auto SDK, which lets an automaker design … Continued Read the original post: Rivian Switches to Navigation System Powered by Google Maps Read more ›
2,085 fresh
On July 12th, the political world experienced an unprecedented phenomenon: President Donald Trump got ratioed on his own social media platform, and it was on a post about Jeffrey Epstein - someone who, according to Trump, "nobody cares about." Clearly, his followers on Truth Social disagreed. As of today, this post has 43.2k likes, 13.7k […] Read more ›
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"Here, people say, 'I want the fewest number of people reporting to me and the most GPUs,'" Mark Zuckerberg said about the AI talent war. Read more ›
1,498 fresh
"I'm not impressed," former President Barack Obama said at a private fundraiser. Read more ›
1,088 fresh
In 2024, births in Russia fell to 1.22 million — the lowest level since 1999 — while deaths increased by 3.3% annually, to 1.82 million. Read more ›
1,021
Cast your mind back, and you might recall Dead Island 2's eventual, near-decade-long journey to release. Well, a former exec overseeing the project has now spoken a little more on its troubled development, claiming its scrapped first iteration would have "killed the franchise". Read more Read more ›
970 fresh
Seagate has released its first mass-market HAMR hard drives — the Exos M and IronWolf Pro up to 30TB — marking a milestone in storage density for such HDDs. Read more ›
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Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, specifically for Apple devices. Read more ›
768 fresh
Apple's forthcoming iPhone 17 models are likely to support up to 25W wireless charging using a variety of third-party MagSafe charging accessories, thanks to compatibility with the next-generation Qi 2.2 wireless charging standard. Currently, iPhones featuring MagSafe use Qi 2, the Wireless Power Consortium's (WPC) widely supported second-generation charging standard. With third-party chargers, Qi 2 maxes out at 15W – although iPhone 16 models do support upgraded 25W MagSafe charging... Read more ›
663 fresh
First Google and Facebook, then the world. Under Trump 2.0, US statecraft is starting to mimic the worst tendencies of Big Tech. Read more ›
593 fresh
The preliminary report into Air India Flight 171 said the fuel was cut off to both engines seconds after liftoff, and cited a 2018 FAA advisory. Read more ›
530 fresh
Faced with the risk of ICE detention, Regina Higuera decided to leave her family behind in the US to move back to Mexico. Read more ›
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Cyberpunk 2077 - the Schrödinger's cat of video games in as much as its development appears to be simultaneously alive and dead - is set to reveal its delayed 2.3 update tomorrow, 16th July, with CD Projekt seemingly hinting at a vehicular focus. Read more Read more ›
469 fresh
The Honor X70 is official, and it houses an impressive 8,300mAh silicon-carbon battery pack. Charging is a bit complex - all units get 80W wired charging, but if you opt for the 512GB model, the phone will also support 80W wireless charging. The phone comes in four colors: Phantom Night Black, Bamboo Green, Cinnabar Red, and Moon Shadow White, and in four configurations: 8/128GB, 8/256GB, 12/256GB, and 12/512GB. At the... Read more ›
436 fresh
Samsung Display will supply Apple with "crease-free" displays for its long-rumored foldable iPhone, according to Apple supply chain analyst Ming-Chi Kuo. To achieve a crease-free inner display, Kuo said the foldable iPhone will utilize a metal plate that can disperse and control the stress generated by bending the display. The metal plates will be primarily supplied by a company named Fine M-Tec, he said. Samsung's new Galaxy Z Fold 7... Read more ›
435 fresh
Emirates agreed a $180 million deal to buy four Airbus A380s from a lessor, and plans to continue flying them through the 2030s. Read more ›
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Candy Crush developer King is reportedly replacing laid off staff with AI tools they helped to build. Read more Read more ›
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Elon Musk is integrating AI across his companies and blurring the lines between them. Read more ›
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The Information
The main Department of Justice building, across from the National Archives in Washington, was the kind of brooding edifice Dylan Field had walked through a lot in 2023 as he tried to convince governments around the world to let him sell Figma, the design software startup that had been his life, to Adobe for $20 billion. He made a final attempt to win over the Justice Department in a December... Read more ›
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The most important cryptocurrency bill in history could become law next week, but its immediate effect on everyday Americans will be negligible. Instead, the biggest impact will occur overseas, where it will boost both crypto and the dollar in the global economy. The law will bolster confidence in stablecoins, cryptocurrencies pegged to a traditional asset, generally the U.S. dollar. Individuals and businesses across the world—from Argentina to Turkey—have embraced stablecoins... Read more ›
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Over the past month, Meta Platforms has overhauled its stumbling efforts in artificial intelligence by making a head-spinning series of hires of leaders and researchers from outside the company. But a key question has lingered: Why has Meta struggled so badly in AI that it’s injecting so much fresh blood into the company to lead a turnaround? One outgoing research scientist from Meta’s generative AI group has come up with... Read more ›
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Elon Musk’s xAI launched Grok 4, the latest generation of its AI models, intensifying its competition with rivals OpenAI, Google and Anthropic. In an hourlong livestream Wednesday night, Musk said Grok 4 is the “smartest AI in the world” and “smarter than almost all graduate students in all ... Read more ›
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Several startups offering computing power for artificial intelligence are embracing the “borrow big to grow fast” strategy pioneered by CoreWeave, loading up on debt backed by their stocks of high-powered chips. For instance, London-based cloud startup Fluidstack has gotten approval from Macquarie and other lenders to borrow more than $10 billion leveraging its holdings of Nvidia AI chips, or graphics processing units, as collateral, said people familiar with the company’s... Read more ›
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China’s Huawei Technologies is plotting a fundamental redesign of its next artificial intelligence chip in a bid to seize market share from Nvidia. The Chinese tech giant is working on a new AI chip design that would allow its chips to be used for a wider array of AI development work than its current ones can handle, according to two people with knowledge of the plan. That would bring Huawei’s... Read more ›
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Before we get to today’s main column about Grok 4, we wanted to share four things we learned from the craziness on Friday, when Google snatched the CEO and technology behind Windsurf, a competitor to Cursor that OpenAI had agreed to buy for $3 billion just two months ago. Read more ›
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OpenAI has ended discussions to buy Windsurf, the maker of a popular artificial intelligence coding assistant formerly known as Codeium. Instead, Google will hire Windsurf’s CEO and some staff, both Google and Windsurf said. The talks between OpenAI to buy the startup for $3 billion ended in recent days after Windsurf’s team raised concerns over how the coding assistant would fit into the OpenAI and Microsoft agreement, which requires OpenAI... Read more ›
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Competition in mixed reality devices is heating up. TikTok’s parent, ByteDance, is working on a lightweight mixed reality device that resembles a pair of goggles, according to three people with direct knowledge of the project. It’s following in the footsteps of Meta Platforms, which has been working on a similar product scheduled for release in 2027. Mixed reality devices let people overlay digital images over their real surroundings to enhance... Read more ›
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Andreessen Horowitz is changing its incorporation from Delaware, where it has been incorporated since its founding in 2009, to Nevada. In a blog post on Wednesday, the firm wrote that the Delaware Court of Chancery has an “unprecedented level of subjectivity into judicial decisions,” while ... Read more ›
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Most popular sources
Business Insider
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42% 21 |
Gizmodo
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9% 13 |
The Verge
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7% 1 |
Wired
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7% 6 |
MacRumors
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6% 1 |
| View sources » | |
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15.07.2025 13:48
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