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Fintech startups Brex and Ramp are hurtling toward initial public offerings as soon as next year as they duke it out over customers for their corporate credit cards. In the meantime, investors are getting excited about the companies’ rapid growth rates.
Their numbers are impressive, but investors need to temper their enthusiasm. Ramp just passed $1 billion in annualized revenue and was valued at $22.5 billion in its second fundraising this summer. Brex, which is growing at more than 45% a year, just crosse
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The Information
Hollywood actor Keanu Reeves has said he would love to reprise the role of Johnny Silverhand in Cyberpunk 2. Read more Read more ›
1,398 fresh
I think these are the best places to stay in Orlando, Florida, whether you want a budget-friendly, low-cost hotel or the best luxury resort. Read more ›
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University of Luxembourg mathematicians tested whether GPT-5 could extend a qualitative fourth-moment theorem to include explicit convergence rates, a previously unaddressed problem in the Malliavin-Stein framework. The September 2025 experiment, prompted by claims GPT-5 solved a convex optimization problem, revealed the AI made critical errors requiring constant human correction. GPT-5 overlooked an essential covariance property easily deducible from provided documents. The researchers compared the exper Read more ›
633 fresh
Kevin Barry, the founder and original developer of Nova Launcher is stepping away from the forever-loved Android launcher app. Why they are stepping away is an important question and goes back to Nova Launcher’s acquisition by Branch back in 2022. Originally, not much was supposed to change for Nova Launcher. We assumed Branch’s services would … Continued Read the original post: Nova Launcher Founder Asked to Step Away, Cease Open... Read more ›
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The agency’s then acting chief helped DOGE at first, then tried to resist when he saw what it was doing, he said in interviews. Read more ›
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Monday marks three years since Queen Elizabeth II's death. Both Prince William and Prince Harry honored her on the anniversary in the UK — separately. Read more ›
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The end of Nova Launcher marks the close of an era — one where tinkering was king. Read more ›
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My seatmate on a recent flight was a 95-year-old who had just visited Paris alone. Now my pen pal, she's taught me about solo travel and connection. Read more ›
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The tagline for Apple's special event tomorrow is "Awe dropping," and the iPhone 17 Pro's battery life might live up to the hype. As we recently reported, alleged battery capacities for all of the iPhone 17 models have surfaced in a Chinese regulatory database. The alleged capacity for the iPhone 17 Pro is particularly impressive, and it is worth discussing in more detail. The smaller iPhone 17 Pro model with... Read more ›
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Gen. Oleksandr Syrskyi also said Ukrainian "deep strike" weapons hit 60 targets inside Russia last month. Read more ›
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The Nest Cam Outdoor, Nest Cam Indoor, and Nest Doorbell were all spotted at a Home Depot store - but the new Nest smart speaker is no where to be found. Read more ›
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Before we get to today’s main item, please check out my colleague Sri’s exclusive piece from Friday night revealing that OpenAI expects to burn $115 billion in cash through 2029, plus tons of other financial data the company has disclosed to investors. We are still having a hard time digesting the capital that cash burn will require the company to raise in the next five years! We will bring you... Read more ›
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During my first trip to Berlin, I made mistakes, from booking the wrong seat on a train and staying in a hotel outside of the city to save money. Read more ›
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Ookla, the network intelligence company known for its Speedtest tool, today published the results of its second iPhone 16e cellular speed test. In short, Ookla found that the iPhone 16e with Apple's custom-designed C1 modem "performs similarly" to the standard iPhone 16 with Qualcomm's Snapdragon X71 modem in the "vast majority of markets" that it examined. However, results sometimes varied considerably based on carrier and country. Ookla said the median... Read more ›
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The economic fallout is squeezing the Kremlin's wartime finances — and Moscow's financial backbone. Read more ›
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"Slop bowl" chains like Cava, Sweetgreen, and Chipotle have been struggling with slumping sales. I taste-tested the three chains to see why. Read more ›
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The Information
Google is one of the largest buyers of Nvidia’s artificial intelligence chips, which it rents out to Google Cloud customers such as OpenAI and Meta Platforms. But Google’s grand ambitions for its own competing AI chips show no sign of slowing down. In the latest example, Google recently approached small cloud providers that primarily rent out Nvidia chips about also hosting Google’s AI chips in their data centers, according to... Read more ›
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KKR is bringing on former Amazon Web Services boss Adam Selipsky as a strategic advisor to bolster the private equity firm’s big bets on data centers and the technical infrastructure powering artificial intelligence. Selipsky will advise on strategy, capital allocation and governance for KKR’s ... Read more ›
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A small cloud provider for artificial intelligence that’s preparing to go public has secured a major boost from its most important supplier: Nvidia. The chip giant agreed this summer to rent 10,000 of its own AI chips from the cloud firm, Lambda, for $1.3 billion over four years, and a separate $200 million deal to rent 8,000 more Nvidia chips over an unspecified time frame, according to a person with... Read more ›
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Joint ventures. Backstop agreements. Syndicated debt offerings. The richest tech companies and their bankers are developing increasingly complicated financial strategies to meet the soaring demands of funding artificial intelligence. The goal for companies like Google and Meta Platforms is to stay ahead in the AI race while offloading some of the costs and risks of the buildout. Meta is raising $29 billion for a joint venture to build a data... Read more ›
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The NFL, the world’s richest and most powerful sports league, would like you to know something: It is not thrilled with the way Nielsen measures its TV audience. Earlier this week, the NFL took the extraordinary step of criticizing media measurement firm Nielsen, which the football giant argued is undercounting the number of viewers for its games by millions of people. While plenty of television broadcasters have groused about Nielsen... Read more ›
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Nasdaq is stepping up its scrutiny of companies listed on its exchange that are aiming to get a stock price boost by raising money to buy and hoard crypto, according to company filings and people familiar with the matter. The exchange’s move could slow the crypto boom that is putting increasingly exotic tokens on mainstream markets. The stock exchange, where the vast majority of crypto stocks are trading, is requiring... Read more ›
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U.S. tech merger activity is headed for its best year since 2021—driven in part by enterprise software and other older tech companies acquiring artificial intelligence startups to beef up their AI offerings. So far this year, U.S. software companies have spent nearly $33.8 billion on 140 completed AI acquisitions, surpassing the combined volume of the past three years, according to data provider PitchBook. During the same period, U.S. companies have... Read more ›
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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... Read more ›
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OpenAI could spend $10 billion next year on the artificial intelligence chip it is co-designing with Broadcom, according to a report in The Financial Times. The report indicated that mass production of OpenAI’s chip would begin next year. During Broadcom’s earnings call on ... Read more ›
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We’re in the midst of an M&A boom—for artificial intelligence startups. Among the latest: Nvidia last month bought Solver, according to a person with direct knowledge of the deal. The three-year-old startup formerly known as Laredo Labs has developed an AI coding agent that completes software development tasks for users. The company raised $8 million in financing from investors including Radical Ventures and Horizons Ventures. The Solver purchase is just... Read more ›
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Most popular sources
Business Insider
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33% 2 |
Android Authority
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17% 13 |
MacRumors
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8% 5 |
TechRadar
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5% 4 |
CNET
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5% 5 |
| View sources » | |
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08.09.2025 13:30
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