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Lambda, a cloud provider that rents out Nvidia graphics chips for artificial intelligence, has hired investment banks to prepare for an initial public offering in the U.S., according to people with direct knowledge of the talks.
The San Jose, Calif.-based startup has hired Morgan Stanley, J.P. Morgan and Citi to prepare for a listing as soon as the first half of next year, the people said. The 13-year-old company is trying to follow the successful listing of a far bigger rival, CoreWeave. Lambda’s plans fo
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The Information
Palantir sees "accelerating and otherworldly growth" as CEO Alex Karp highlights working with ICE and supporting Israel on an earnings call. Read more ›
2,951 fresh
Musk encouraged NYC voters to back former Gov. Andrew Cuomo over Zohran Mamdani the day before the city's mayoral election. Read more ›
2,482 fresh
This option offers a larger library of channels and people don't seem to mind paying a little extra. Read more ›
1,305 fresh
"I'd rather not have you ask the question," Trump said in a deleted portion of the interview. Read more ›
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The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date. Read more ›
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Logitech is hoping to attract all the keebheads out there with its latest Alto Keys K98M. While this keyboard has been available in Asian markets for a while, Logitech finally brought its customizable work keyboard to the US. It may appeal to a specific demographic, but it's a welcome return to hot-swappable offerings from Logitech. The Alto Keys K98M is now available in US markets through its website for $119.... Read more ›
213 fresh
Palantir had some impressive quarterly earnings. Karp celebrated by publishing a manifesto. Read more ›
206 fresh
The Dallas Cowboys game on "Monday Night Football" wasn't enough to end the ESPN blackout on YouTube TV. Read more ›
191 fresh
The big Donald Trump foreign policy question heading into this week looked like it was going to be when and if the US was going to launch military strikes against Venezuela. That’s still a live question, but in the meantime, the president has threatened to attack an entirely different country on the other side of […] 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: After days of uncertainty, the Trump administration will keep food assistance flowing — but only for part of the month. What’s happening? Funding for the […] Read more ›
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The CEO of the largest satellite company in the world just proposed a bold—and totally misguided—solution to the climate crisis. Read more ›
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Beijing introduces grants that slash power bills by up to half for some of the country’s largest data centres Read more ›
163 fresh
Hooters Inc. is making menu changes as well as revamping its waitstaff's uniform as it acquires Hooters of America locations. Read more ›
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A new class-action lawsuit accuses Spotify of allowing billions of fraudulent Drake streams generated by bots between 2022 and 2025, allegedly inflating his royalties at the expense of other artists. "Spotify pays streaming royalties using a 'pro-rata' model based on an artist's market share," notes Consequence. "Each month, revenue from subscriptions and ads is collected into a single, fixed 'pot' of money, which is then distributed to rights holders based... Read more ›
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A coalition of labor unions and cities filed a lawsuit against the Trump administration over its new rule to limit Public Service Loan Forgiveness. Read more ›
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After spending six months traveling around Europe, there are a few cities I can't wait to return to, and others I'd probably skip next time. Read more ›
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OpenAI says ChatGPT’s behavior “remains unchanged” after reports across social media falsely claimed that new s updates to its usage policy prevent the chatbot from offering legal and medical advice. Karan Singhal, OpenAI’s head of health AI, writes on X that the claims are “not true.” “ChatGPT has never been a substitute for professional advice, […] Read more ›
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As the New York City mayoral election enters the final stretch, with the Muslim American Democratic Party nominee Zohran Mamdani maintaining a sizable lead in all of the polls, a familiar beast has reared its head: blatant Islamophobia. Most of those dabbling in outright bigotry are unsurprising: right-wing shock-jocks and the pro-Trump New York Post. […] Read more ›
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The Information
Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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About half of subscribers to The Information who responded to our latest survey said they bought or sold cryptocurrency, crypto exchange-traded funds or crypto treasury stocks in the past three months. Notably, more of our readers are buying than selling: 47% of all respondents said they bought crypto or something related in the past three months, while just 25% said they sold. The survey’s findings are based on 528 responses. Read more ›
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Stock market investors fell in love with crypto this year, setting off a big rally in public markets. Now the buying frenzy has rebounded back to privately held companies like crypto exchange Kraken and payments firm Ripple, whose valuations have soared. Kraken, one of the oldest crypto exchanges, is raising money at a $20 billion valuation, according to a person familiar with the matter, after getting $500 million in new... Read more ›
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Payments tech giant Fiserv’s stock collapsed 45% on Wednesday morning after the company slashed its revenue growth outlook for 2025 and announced a management shakeup. Fiserv, whose Clover payments service competes with companies such as Square, reported 1% revenue growth for the third quarter ... Read more ›
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Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as revenue from that business line has been growing at its fastest rate in years. Read more ›
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One August morning, Kaarage woke up and took the train from the Japanese countryside into the city. She went to a restaurant and enjoyed a lunch of vegetables and soup, as well as an iced coffee. Afterward, she studied a musical score on her iPad, then went home to relax. Kaarage is not a person: She’s an internet-beloved Moflin, an AI-powered robopet made by Casio—yes, Casio—who shares a charming, bucolic... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Benchmark’s high-stakes pressure test • Artificial Intelligence: The VCs who turned vibe code into whimsical passion projects• Artificial Intelligence: Venerable Casio’s surprise hit? An AI robopet • WTF: Behind the scenes at our summit for the most powerful and influential women in tech, media and finance • The Arena: WNBA owner Clara Wu Tsai has a $1 billion plan• Plus, our... Read more ›
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A memo from California’s attorney general suggested that Elon Musk’s federal lawsuit against OpenAI will be unaffected by the artificial intelligence startup’s restructuring. But now that the restructuring has occurred, it may be hard to unwind the change even if Musk wins. Both the attorneys ... Read more ›
17
Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150 million starting with Navan’s seed round in 2015, had about a $1 billion stake... Read more ›
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In less than a year, AI-assisted coding has become a fixation within Silicon Valley, which sees the companies building such products as some of the most lucrative startups in tech. While tools like Cursor and Anthropic’s Claude Code can’t transform techno novices into app-building wizards overnight, they do make coding faster—and easier for people who have some knowledge of coding but don’t have the same skill as a veteran engineer.... Read more ›
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Most popular sources
Business Insider
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37% 5 |
Gizmodo
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10% 7 |
Tom's Hardware
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6% 13 |
Vox
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6% 0 |
The Verge
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4% 1 |
| View sources » | |
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03.11.2025 23:43
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