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OpenAI has dramatically revised its financial forecasts, projecting to burn $115 billion from this year through 2029, The Information reported. This figure is approximately $80 billion higher than the company’s previous estimates, underscoring the rapidly growing costs of developing ...
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The Information
A huge AWS (Amazon Web Services) outage has taken out multiple internet services including Alexa, Ring, Snapchat and more –here's what we know so far. Read more ›
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When a crypto crash ricocheted across markets earlier this month, the spotlight landed on Hyperliquid, an exchange that handles more than $13 billion in trades a day with around 11 employees based largely in Singapore. The two-year-old exchange is little known outside crypto markets but wildly popular among traders for offering anonymity, high leverage and giving away a token that has soared in value. Hyperliquid has no outside investors and... Read more ›
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Amazon Web Services (AWS) is currently experiencing a major outage that has taken down online services, including Amazon, Alexa, Snapchat, Fortnite, and more. The AWS status checker is reporting that multiple services are “impacted” by operational issues, and that the company is “investigating increased error rates and latencies for multiple AWS services in the US-EAST-1 […] Read more ›
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By now, you’ve probably seen some of the videos of Immigration and Customs Enforcement (ICE), as well as other federal law enforcement agencies, attacking immigrants and unarmed Americans protesting President Donald Trump’s immigration policies. In one, officers shoot a pastor in the head with a pepper ball. In another, an officer sprays pepper spray directly […] Read more ›
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Amazon is tracking a massive AWS outage that has crippled large parts of the internet. Read more ›
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Reddit, Roblox and Ring are just a tiny fraction of the hundreds of sites and services that were affected when AWS went down, causing a major internet blackout. Read more ›
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Roblox, Fortnite, and a number of the world's other biggest games have gone offline as a huge outage affects the internet this morning. Read more Read more ›
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Mere months ago, New York’s mayoral front-runner was polling right next to “Someone Else.” He spoke to WIRED about building a social media machine, Big Tech capitulation, and learning from Eric Adams. Read more ›
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Services of Snapchat, Canva, Signal, Perplexity, Duolingo, and Open AI —used by millions every day across the world— are down across the world. The disruption appears to be linked to an outage at Amazon Web Services (AWS). Read more ›
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A massive internet outage occurred Monday morning, impacting Amazon, Snapchat, Roblox, and more. Read more ›
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GM executive Mark Reuss said Western carmakers need to match the speed at which BYD and its rivals build new models. Read more ›
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Organizers say the “No Kings” protests drew more than seven million people across 2,700 cities. The crowds included high-profile politicians, A-list celebrities, and more than a few creative inflatables. Read more ›
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The iPhone 17 lineup outsold the iPhone 16 models by 14% during the first 10 days of availability in the United States and China, according to new sell-through data from Counterpoint Research. Counterpoint said the figures represent the earliest measurable signal of demand for the new generation in Apple's two most commercially important markets. The firm said the overall uplift is being led by stronger upgrades to the standard iPhone... Read more ›
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The Federal Trade Commission removed several blog posts in recent months about open source and potential risks to consumers from the rapid spread of commercial AI tools. Read more ›
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Chase Rigby, a former Google product manager, shares how leaving Big Tech taught him lessons in leadership, transparency, and building great company culture. Read more ›
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Fintech cofounder Garima Shah believes that mistakes are inevitable in a startup environment, and accountability is key to moving forward. Read more ›
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The notable startup funding rounds for the week ending 10/18/25 featuring funding details for Movandi, Upgrade, Campfire, and eighteen other deals representing $1.4B in new funding that you need to know about. Read more ›
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The Information
OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billion in a funding round, told investment bankers in recent weeks that it is getting ready to move off the sidelines and do more acquisitions, according to people who have spoken to its executives. It is considering... Read more ›
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OpenAI CEO Sam Altman said on a podcast last week that he wanted ChatGPT to become “people’s personal AI subscription.” The company last week made moves toward that goal with “apps in ChatGPT,” which lets people use the chatbot to search for homes on Zillow or make Spotify playlists, for instance.In another example, OpenAI has pitched companies on allowing visitors to sign into their websites using their ChatGPT credentials, just... Read more ›
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If you’ve ever uploaded a picture of a receipt to an expense report or read a PDF of a book online, you’ve likely used optical character recognition, a decades-old technique that converts images of typed, handwritten or printed text into text that’s editable on a computer.OCR might not sound like the sexiest market. But it’s interesting enough for Andreessen Horowitz, one of the most prolific backers of young AI startups... Read more ›
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JPMorgan Chase will invest $10 billion in mostly US-based tech companies working in areas aligned with strategic government interests. The investments are part of a broader pledge by the bank to facilitate $1.5 trillion of transactions in areas including domestic manufacturing and artificial ... Read more ›
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At Salesforce’s annual Dreamforce event for customers last year, CEO Marc Benioff told roughly 45,000 attendees that using artificial intelligence to automate everything from customer service to sales functions was an easy and quick process. At this year’s event, now underway in San Francisco, Benioff toned down the rhetoric. He said Tuesday at the event that it “takes time” for companies to make good use of available AI, whose capabilities... Read more ›
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Microsoft aims to produce the majority of its new products including laptops and servers outside China as early as next year, Nikkei Asia reported. The move is part of the U.S. tech giant’s ongoing effort to reduce its dependence on China’s domestic supply chain amid geopolitical tensions ... Read more ›
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An entity being used to fund Meta Platforms’ large-scale data center in Louisiana sold more than $27 billion in debt with an interest rate about 2.25 percentage points above the U.S. Treasury yield. Meta is raising the debt, maturing in 2049, for a roughly $30 billion special-purpose vehicle the ... Read more ›
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The deals keep coming for semiconductor firms and OpenAI. In the past month, Nvidia, Advanced Micro Devices and Broadcom have each reached very different agreements to supply chips to OpenAI. The arrangements open up all three to the risk that OpenAI, which expects to burn $115 billion through 2029, can’t afford to keep its commitments. The deals pose different risks to each company’s business, but AMD faces the biggest downside... Read more ›
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Elon Musk’s xAI is aiming to build and control the world’s most powerful data center and a massive natural gas plant to power it. The scale of the project and xAI’s precarious finances are forcing the company into unusual financial arrangements that rely on outsiders to raise funding and shoulder much of the risk. XAI wants to have as much control as possible over Colossus 2, its second supersize data... Read more ›
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Walmart said Tuesday that it would soon start selling products through ChatGPT’s Instant Checkout feature, marking the first major retailer to strike an e-commerce partnership with the AI firm. Shoppers will be able to buy most Walmart and Sam’s Club products directly in ChatGPT conversations, ... Read more ›
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Most popular sources
The Verge
|
14% 10 |
Wired
|
12% 7 |
Business Insider
|
12% 10 |
Tom's Hardware
|
9% 20 |
Gizmodo
|
8% 6 |
| View sources » | |
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20.10.2025 10:13
Last update: 10:05 EDT.
News rating updated: 17:00.
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