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Brazilian fintech CloudWalk, a business payments startup, passed $1.2 billion in annualized revenue in September, about double the revenue pace from the same time last year, a person familiar with the matter said. The company, backed by DST Global and Coatue Management, recently completed a ...
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The Information
OpenAI CEO Sam Altman said he doesn’t want the government to bail them out if the company fails. “If we screw up and can’t fix it, we should fail, and other companies will continue on doing good work and servicing customers,” Altman said in an X post on Thursday. Altman also said that OpenAI ... Read more ›
2,127 fresh
Meta goosed its revenue by targeting users likely to click on scam ads, docs show. Read more ›
1,758
Record package of shares approved by 75% majority, reinforcing billionaire’s control of the electric-car maker Read more ›
1,616 fresh
Brussels is set to water down part of its strict digital rule book as it aims to make bloc more competitive Read more ›
1,450 fresh
Tesla investors back Musk pay despite his busy schedule running other companies. Read more ›
822 fresh
The unprecedented pay day will go into full effect by 2035—as long as Tesla hits ambitious financial and production targets. Read more ›
606 fresh
Tesla's biggest bulls were elated by the vote's outcome, while some investors were alarmed. Read more ›
529 fresh
Tesla’s shareholders have voted in favor of a compensation plan that could see CEO Elon Musk become the world's first trillionaire. The potential incentives were laid out in September, and the company's shareholders have agreed to allow this all-or-nothing package for its chief exec, who spent the first half of this year decimating the US federal government rather than working on any Tesla-adjacent projects. The compensation plan lists several targets... Read more ›
498 fresh
Meta is making billions of dollars every year from ads marketing scams and illegal products on its platform, according to a new report from Reuters. The report details the staggering numbers behind scam ads on Meta's platform, and raises fresh questions about why the company has failed to get the problem in check. Last year, Meta estimated that scam ads could account for as much as 10 percent of its... Read more ›
379
Mark Zuckerberg opened an unlicensed school named after the family's pet chicken -- and it was the final straw for his neighbors, writes Slashdot reader joshuark, citing a report from Wired. The magazine obtained 1,665 pages of documents about the neighborhood dispute -- "including 311 records, legal filings, construction plans, and emails." Here are excerpts from the report: The documents reveal that the school may have been operating as early... Read more ›
300 fresh
Nvidia CEO Jensen Huang said that China will win the AI race because of its abundance of power and the fact that the U.S. is losing out on the chance for its hardware to become the standard tool that Chinese AI developers use. Read more ›
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Tesla's board will "examine" investing in xAI, which is also owned by Musk, after more shareholders voted to support the decision than those against. Read more ›
232 fresh
Tonight, 6th November 2026, Take-Two Interactive published its latest financial report, and it had some pretty large revelations about the upcoming game GTA 6. The headline news: instead of launching on 26th May, 2026, the game has been pushed back about half a year to 19th November, 2026. This has also been confirmed by tweets from the offical Rockstar Games social media accounts. Read more Read more ›
226 fresh
The White House has told others in the federal government it won’t allow Nvidia to sell its latest scaled-down AI chips to China, despite President Donald Trump’s hints over the summer that he might allow the company to do so, according to three people with knowledge of the matter. The decision is a major blow to the AI chip giant, which has seen its revenue from China shrivel this year... Read more ›
223 fresh
Whether you’re buying your first pair of AirPods or replacing a well-used older pair, it’s easy to understand why so many iPhone owners prefer Apple’s earbuds and headphones over other options. Apple has spent years gradually adding new features that work best — and sometimes only work at all — with the company’s own devices. […] Read more ›
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Tesla shareholders voted Thursday to approve Elon Musk’s staggering new pay package, in a move aimed at retaining the controversial CEO’s leadership during a time of great upheaval for the automaker. Over 75 percent of shares voted in favor of the proposal. The vote gives Musk enormous sway over his electric vehicle company, as well […] Read more ›
185 fresh
Miniature antibodies from camels and llamas can slip into the brain more easily than conventional drugs, offering a new way to treat disorders like Alzheimer’s and schizophrenia. Researchers say these “nanobodies” could reshape the future of brain medicine. Read more ›
185 fresh
Rockstar has just announced that perhaps the most highly anticipated game in history has been delayed once again. Originally set to release on May 26, 2026, GTA VI will now hit consoles on November 19, 2026 — marking a six-month delay, similar to initial pushback from Fall 2025. Read more ›
174 fresh
The Information
Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›
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Before we get to today’s column, OpenAI is continuing its trend of diversifying its cloud compute providers away from Microsoft. Monday morning, the ChatGPT maker announced that it has signed a seven-year, $38 billion cloud deal with Amazon Web Services. OpenAI will immediately start using compute from AWS, with the goal to deploy all capacity before the end of next year, with the option to use even more compute into... Read more ›
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Decagon, which develops AI for automating customer service, is discussing raising equity funding from new investors at a valuation of $4 billion to $5 billion, according to two people with direct knowledge of the deal. The discussions come just five months after the company announced financing at a $1.5 billion valuation. The deal discussions suggest investor interest is still high for one of the most promising and increasingly crowded fields... Read more ›
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OpenAI CFO Sarah Friar said Wednesday that government guarantees for financing artificial intelligence chips could help the U.S. stay competitive globally. “We’re looking for an ecosystem of banks, private equity, maybe even governmental, the ways governments can come to bear,” she said at a ... Read more ›
30
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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OpenAI’s revenue could reach $100 billion in 2027, Sam Altman said on a podcast published Friday with Altimeter Capital and OpenAI investor Brad Gerstner. Altman said the ChatGPT maker was already “doing well more revenue,” than $13 billion, an apparent reference to its annualized pace, which ... Read more ›
24
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 ›
21
France threatened to ban Shein from selling products in the country after a consumer protection regulator said in a statement it had discovered the fast-fashion giant was selling sex dolls “with a childlike appearance.” France’s economic minister Roland Lescure said Monday that the government ... Read more ›
20
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 ›
16
Most popular sources
Business Insider
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17% 12 |
Ars Technica
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15% 10 |
Tom's Hardware
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11% 9 |
Gizmodo
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9% 5 |
The Verge
|
7% 3 |
| View sources » | |
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07.11.2025 01:36
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