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Venture capitalists can’t stop betting on startups that are developing artificial intelligence to automate customer support, including those that are on pace to generate more than $100 million in revenue annually.
In the latest examples, Intercom, a customer support software startup founded in 2011, is in talks to sell more than $100 million in shares to investors at a price that values the company at $2 billion or higher, according to a person who spoke with company leaders.
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The Information
Authorities say the shooter left a note claiming he had CTE, a brain disease linked to repeated head trauma. Read more ›
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GOP senators dismissed the idea of sending tariff revenue checks to Americans, with one saying it's "the dumbest idea I've ever heard." Read more ›
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445 fresh
We're just six weeks away from the launch of new iPhone models, and rumors are ramping up as September creeps closer. We've heard plenty of details about the prospective colors for the iPhone 17 lineup, but leaker Sonny Dickson today shared iPhone 17 dummy models that supposedly feature the shades that Apple has picked. Dickson's images feature the iPhone 17 Pro models in black, white, dark blue, and orange. The... Read more ›
393 fresh
Services like Uber make having a driver's license as a teen less of a necessity. My son doesn't have the same desire to drive that I did in the 90s. Read more ›
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A laptop will cost you more today, but maybe one day you'll get a check in the mail. Read more ›
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Corporate America is racing to boost security and reassure employees after a shooting left a top Blackstone exec dead, along with four others. Read more ›
297 fresh
Time is running out for countries to reach an agreement to avoid Donald Trump's delayed tariffs. Read more ›
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Longtime Slashdot reader schwit1 shares a report from Business Insider: Apple's new spam text filtering feature could end up being a multimillion-dollar headache for political campaigns. iOS 26 includes a new feature that allows users to filter text messages from unrecognized numbers into an "Unknown Senders" folder without sending a notification. Users can then go to that filter and hit "Mark as Known" or delete the message. In a memo... Read more ›
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Apple today released iOS 18.6 and iPadOS 18.6, the sixth updates to the iOS 18 and iPadOS 18 operating systems. iOS 18.6 and iPadOS 18.6 come more than two months after the release of iOS 18.5 and iPadOS 18.5. The new software can be downloaded on eligible iPhones and iPads over-the-air by going to Settings > General > Software Update. iOS 18.6 addresses a Photos-related bug that could prevent users... Read more ›
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Adobe today announced several new and enhanced AI tools for Photoshop, with the additions aimed at making it easier for creators to tweak and clean up their images. With Harmonize, Photoshop users can add a new object into an image or composition, and the app will analyze the surrounding content to automatically adjust color, lighting, shadows, and visual tone so that the object seamlessly fits in. Adobe says that the... Read more ›
186 fresh
Wesley LePatner was Blackstone's head of real estate and CEO of an evergreen real estate fund. She was a BI rising star. Read more ›
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“When you have an extended period of prosperity with no existential war, there’s no cleansing function..." Read more ›
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YouTube videos with strong profanity in the first seven seconds (words like “fuck”) are now eligible for full monetization, according to a video from Conor, YouTube’s head of monetization policy experience. Previously, these kinds of videos were only eligible for “limited ad revenue.” Changes to YouTube’s inappropriate language policies have long been a sore spot […] Read more ›
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YouTube is starting its age checks in the US, so maybe stop watching so many Roblox videos. Read more ›
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Lovense, the maker of internet-connected sex toys, left user emails exposed for months — even after it became aware of the vulnerability. In a blog post spotted by TechCrunch and Bleeping Computer, security researcher BobDaHacker found that they could “turn any username into their email address,” which they could then use to take over someone’s […] Read more ›
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The $40 million sale of Dr. Nicole Martin's waterfront mansion, a 19,000-square-foot Coral Gables estate, to pop star Robbie Williams broke a record. Read more ›
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The Information
Meta Platforms has named Shengjia Zhao as the chief scientist of Meta Superintelligence Labs, its new artificial intelligence organization, CEO Mark Zuckerberg said in a post on Threads on Friday. “Shengjia will set the research agenda and scientific direction for our new lab working directly ... Read more ›
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Slack is the glue that holds OpenAI together: Everyone at the 3,000-person company constantly uses the messaging app to discuss their work, former employees have said.So perhaps it’s no surprise that as OpenAI tried to turn ChatGPT into a core enterprise productivity app that connects to all the other apps people use for work, it wanted customers—and OpenAI employees!—to be able to access their Slack messages and files directly from... Read more ›
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Venture capital firms are under pressure to make rapid-fire decisions about big checks in the frenzied world of artificial intelligence investing, straining partnerships that need a unified front. It helps sometimes to have just one decision-maker.That makes a case for Elad Gil, a prolific investor who made early investments in Perplexity, Harvey, Stripe and Airbnb. Gil is raising a fund of around $1.5 billion to back both young and mature... Read more ›
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Fireworks AI, a three-year-old startup that rents out Nvidia chip servers to developers that use artificial intelligence models, is in talks to raise funding at a $4 billion valuation in a round led by new investor Lightspeed Venture Partners and Index Ventures, The Information reported. A ... Read more ›
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As OpenAI tries to raise a record-breaking $40 billion in equity funding this year, it’s getting help from more of its existing investors. Peter Thiel’s Founders Fund and Dragoneer Investment Group have committed to investing more than $1 billion each in the second, $30 billion installment of the round, according to a person who spoke to OpenAI executives. SV Angel, known for its investments in nascent startups, has committed to... Read more ›
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Alphabet kicked off earnings season for social media companies with good news from YouTube: the video juggernaut’s advertising revenue rose 13% year over year in the second quarter, beating its growth rate in the first quarter and calming fears that President Trump’s tariffs would be a headwind for social media revenues. Another positive sign: Alphabet CEO Sundar Pichai said that YouTube Shorts now earn as much revenue per watch hour... Read more ›
26
Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this week. Former Meta and Google executive Sheryl Sandberg, former LinkedIn CEO Jeff Weiner, and venture capital firms Greylock Partners and Kleiner Perkins are all turning modest investments into windfalls ranging from tens of millions to more than $1 billion. Sandberg and Weiner were among the participants in Figma’s seed round, via a roughly $1.5... Read more ›
25
GPT-5 is almost here, and we’re hearing good things. The early reaction from at least one person who’s used the unreleased version was extremely positive.That’s good news for OpenAI. The ChatGPT creator has been under pressure to show major gains from its next big artificial intelligence model since we first broke the news last November that it had seen diminishing returns from using more computational resources and data during “pretraining.”... Read more ›
16
President Donald Trump’s 23-page AI Action Plan, released on Wednesday, won’t transform the AI industry overnight, but it offers a sense of who stands to gain or lose under the current administration’s agenda. Big winners include those developing open-source models, such as Meta Platforms, while a requirement for plugging AI chip export loopholes could hurt Nvidia.For those who didn’t pay attention, the plan is designed to guide the Executive Branch’s... Read more ›
14
As TikTok’s future in the U.S. continues to be in limbo, the company is trying to quell a different regulatory threat north of the border.In November, the Canadian government told TikTok to wind down its operations in the country due to national security concerns, but curiously has allowed the app to remain available to the 14 million users in the country. The order means TikTok has to shut down its... Read more ›
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Most popular sources
Business Insider
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34% 11 |
Gizmodo
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10% 2 |
MacRumors
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9% 5 |
Android Authority
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6% 1 |
Wired
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4% 3 |
| View sources » | |
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30.07.2025 01:00
Last update: 00:55 EDT.
News rating updated: 07:50.
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