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The astounding financial demands of artificial intelligence have forced the tech industry to embrace a new source of funding: lenders that can quickly write multi-billion dollar checks.
These banks and investors range from giants like JPMorgan Chase and Blackstone to lesser known lenders such as Sumitomo Mitsui Banking Corp. and Macquarie. They are tapping a wider range of funding sources to gather vast amounts of cash and getting creative with financial structures to get money out the door quickly, while.
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The Information
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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From workout-ready earbuds to gaming over-ears, these WIRED-tested picks sound like a million bucks. Read more ›
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PewDiePie has built a custom web UI for self-hosting AI models called "ChatOS." Running open-source models from Baidu and OpenAI, PewDiePie made a "council" of bots that voted on the best responses, and then built "The Swarm" for data collection that will become the foundation of his own model coming next month. Read more ›
642 fresh
Igor Wallossek reports that Amech knew that its SGT-4 thermal paste could corrode copper and damage coolers since October 2024, but kept selling it with bogus compliance papers and later blamed critics instead of fixing the problem. Read more ›
618 fresh
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 ›
488 fresh
AMD's recent driver release continues to be surprisingly turbulent, with further clarification that it won't stop game optimization for older RDNA1 and RDNA2 cards, despite the release notes suggesting as such. This also comes after another error in the release notes that said USB-C power would no longer work on RX 7900 cards. Read more ›
479 fresh
"What Florence was in the Renaissance, SF is in the age of AI," said Attention Engineering's Juluian Windeck, who recommends that founders move there. Read more ›
437 fresh
Commerce department approval paves way for huge new investment in AI and cloud infrastructure in Middle East Read more ›
410 fresh
Our team evaluated a ton of toiletry bags to find the best storage, organization, and design options for all your essentials. Read more ›
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Speaking on the Joe Rogan podcast, Musk reiterated that Tesla’s next-gen roadster will “hopefully” be demoed before the end of 2025 Read more ›
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Sgt. 1st Class Johnny Vargas built a thriving side hustle on TikTok and Instagram while active duty in the Army. He wants to help others do the same. Read more ›
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As the Trump administration ramps up its targeting of left-leaning people and groups, the prosecution and harsh sentencing of Casey Goonan may provide a glimpse of things to come. Read more ›
363 fresh
Buying a home is the biggest purchase most people will ever make. So it makes sense that's the first topic of Business Insider's "Well Spent" vodcast. Read more ›
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Trump's Department of Education is kicking off the second week of negotiations on its student-loan repayment changes and new borrowing caps. 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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Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the private markets, with small investors on the secondary market willing to pay nearly... 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 ›
22
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 ›
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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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Most popular sources
Business Insider
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28% 13 |
Tom's Hardware
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11% 8 |
Slashdot
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10% 7 |
Gizmodo
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8% 4 |
Android Authority
|
6% 3 |
| View sources » | |
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03.11.2025 08:29
Last update: 08:20 EDT.
News rating updated: 15:21.
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