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OpenAI has decided to wind down the data labeling work it’s doing with Scale AI following a $14.3 billion investment Meta Platforms made into the startup, whose CEO Alexandr Wang will join the social media giant, an OpenAI spokesperson confirmed. Scale accounts for a small fraction of OpenAI’s ...
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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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A data center twice the size of Manhattan that will consume around 9GW of power has just been approved in Utah. Read more ›
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Netflix has been secretly building an AI animation studio called INKubator to produce animated shorts and specials using generative AI tools. Read more ›
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Meta is rolling out new features to its Meta Ray-Ban Display smart glasses, including bringing the ability to write messages just with hand gestures to all users. You'll be able to use the feature in WhatsApp, Messenger, Instagram and with "native Android and iOS messaging," Meta says. The feature, which relies on the Meta Ray-Ban […] Read more ›
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Microsoft Edge is bringing Copilot tab reasoning, Journeys, Voice, and Vision to mobile, giving smartphone users a real reason to try it before Chrome’s Gemini upgrade arrives. Read more ›
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A growing number of writers are leaving Substack for alternatives most people haven't heard of like Ghost, Beehiiv, Patreon, and Passport. The reason, writes The Verge's Emma Roth, is the "platform's increased focus on social features as well as a pricing model that puts a chokehold on their business." From the report: Sean Highkin, the creator of the NBA-focused publication The Rose Garden Report, tells The Verge that he makes... Read more ›
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There are no confirmed cases in the US, but 41 people who were potentially exposed to the Andes virus are in quarantine or being monitored for symptoms. Read more ›
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Yesterday, in Musk v. Altman, before the jurors came in, Sam Altman's team passed up what looked - from a distance - like a little league trophy. It was not. Yvonne Gonzalez Rogers had the lawyers read the inscription aloud for the press: "Never stop being a jackass." It's a commemoration OpenAI employees bought for […] Read more ›
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Joshua Kushner’s investment firm Thrive Capital has bought roughly $100 million in Shopify shares, Bloomberg reported Thursday, framing the move as a bet on how AI will lead to gains in e-commerce. While Thrive is best known for its startup investments, it has also previously made bets on other ... Read more ›
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Sony posted before-and-after AI camera samples for the Xperia 1 VIII and accidentally handed every photography-literate person on the internet a masterclass in computational photography failure. Read more ›
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Europe produces 517 kilograms of waste per person every year, yet less than half of it ends up recycled. And, for decades, European populations have treated garbage as a logistics problem – a matter of moving or burying trash – which has left the industry as one of the least digitised in the world. Waste ... Read more ›
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Hours after a smaller Xbox Cloud Gaming controller appeared online, Brazil's Anatel regulator has also accidentally published images of what appears to be Microsoft's upcoming Xbox Elite 3 controller. Tecnoblog has posted images that show the successor to the Elite 2 controller, with an interchangeable D-Pad and paddles. The Elite 3 controller design appears to […] Read more ›
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Apple and Google each offer various tools you can only use if you're plugged into their ecosystem. Samsung's Android phones offer even more exclusive features. Read more ›
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Today, AT&T, T-Mobile, and Verizon have announced a joint venture that aims to use satellite-based technologies to address coverage gaps, especially in unserved and underserved communities. This joint venture will extend mobile connectivity for the customers of all three companies through joint investment in using satellite-based direct-to-device technologies wherever there are coverage gaps. The trio's customers will "have a more seamless experience, especially in remote areas where traditional c Read more ›
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The Information
CoreWeave’s revenue roughly doubled in the first quarter to $2 billion, while its operating loss jumped to $144 million. But the cloud provider said its revenue backlog has reached nearly $100 billion, up from $67 billion at the end of last year. The metric, which represents demand that has not ... Read more ›
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Coinbase, the biggest U.S. crypto exchange, reported first-quarter revenue of $1.4 billion, down 31% from a year ago amid a crypto market downturn. Shares fell 5% in after-hour trading. The company’s net loss in the quarter was $394 million, down from a net profit of $65.6 million a year ago but ... Read more ›
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Cloudflare said it is cutting about a fifth of its workforce, joining a growing list of tech companies that have cited AI as a reason to slash jobs. The company, whose content delivery network is used by many of the world’s websites, announced the plans on Thursday as it reported quarterly ... Read more ›
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Nvidia’s investment spree in startups that use its AI chips has stoked traditional venture capital firms’ interest in those companies. That has paved the way for brand-new startups taking on Anthropic and OpenAI to raise back-to-back funding rounds, sometimes in a matter of weeks. In the latest example, Core Automation, an AI model developer founded in late March by ex-OpenAI researcher Jerry Tworek, is aiming to raise between $300 million... Read more ›
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If you’re getting dizzy watching CoreWeave’s balancing act, you’re not alone. The AI cloud startup reported first-quarter numbers Thursday evening showing that its business is ramping up quickly—revenue doubled in the quarter to $2 billion compared to the year-earlier period—but its investment spending and operating expenses are also taking off. It’s no wonder CoreWeave is synonymous with the high-stakes gamble that underpins so much of the AI revolution.Here’s some earnings... Read more ›
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Elon Musk’s team called the former dean of Columbia Law School to testify Thursday in his lawsuit against OpenAI that the ChatGPT maker acted in several ways inconsistent with nonprofit customs. David Schizer, who served as dean from 2004 to 2014 and specializes in tax and nonprofit law, ... Read more ›
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How soon is too soon to raise a new funding round?I’ve been covering venture capital long enough (more than a decade!) to remember that the hottest startups used to raise financing every 12-18 months. Then it was 9-12 months. Then 6-9 months. And now…two months? Two weeks? Recently, a wave of both early and late stage startups have been raising new rounds of capital right after closing other ones, in... Read more ›
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Shares of HubSpot dropped more than 20% after its March quarter earnings, as some investors seemed to be unimpressed by its revenue forecast for its current quarter and full fiscal year. HubSpot’s revenue grew 23% to $881 million during the quarter compared to last year, around $20 million more ... Read more ›
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Liang Wenfeng, billionaire founder and CEO of DeepSeek, is planning to write the biggest check for the startup’s first-ever funding round, which the company now hopes will raise up to 50 billion yuan ($7.35 billion), according to two people with direct knowledge of the talks. That would make it the biggest funding round by a Chinese AI company ever. Meanwhile, the funding round has prompted the Chinese AI lab to... Read more ›
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Shares of iconic glassmaker Corning Inc. have doubled so far this year to their highest price ever, thanks to surging demand for Corning’s fiber optic cables that connect servers and AI data centers to one another. A partnership Corning announced with Nvidia this week gave the stock another lift. But Corning’s current deluxe valuation, which is now based almost entirely on sky-high expectations for its optics business, might be more... Read more ›
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14.05.2026 17:20
Last update: 17:15 EDT.
News rating updated: 00:11.
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