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HongShan, the Chinese venture capital giant formerly known as Sequoia Capital China, is leading the funding round in artificial intelligence agent Genspark that will value the startup at more than $1 billion, according to two people with knowledge of the deal. Genspark has secured commitments ...
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The Information
Apple is one of several tech companies that will contribute to the construction of U.S. President Donald Trump's 90,000-square-foot ballroom, reports CNN. Construction began on the ballroom this week, and the White House's east wing was partially torn down. Trump claims that the ballroom will cost "about $300 million" and that it will be privately funded through donations. The cost has already increased $100 million over the figure that Trump... Read more ›
7,829 fresh
The former head of DOGE says he wants to "create a world where there is no poverty." Read more ›
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Trump said on Wednesday that the project will cost "about $300 million." Among the major donors are several Big Tech companies. Read more ›
638 fresh
The Miss USA 2025 pageant will be held in Reno on Friday. This year's contestants include an "American Ninja Warrior" competitor and a lawyer. Read more ›
617 fresh
On Thursday, Nike announced Project Amplify, “the world’s first powered footwear system,” which it says isn’t intended for pros—in fact, quite the opposite. Much like e-bikes provide pedal assistance, Project Amplify uses a lightweight robotics system to boost running and walking speed. “The first-generation product, created alongside robotics partner Dephy, isn’t designed for competitive, faster […] Read more ›
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Anthropic on Thursday said it plans to use up to 1 million Google Tensor processing units to power its artificial intelligence, implying the startup would spend tens of billions of dollars renting TPU servers. The announcement is a show of confidence in Google’s chip as an alternative to Nvidia’ ... Read more ›
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Trump said that he was preparing to "surge" San Francisco with federal forces before "friends of mine who live in the area" asked him not to. Read more ›
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Over the last few days our reporters have broken news about two merger discussions that fizzled: Adobe, which was interested in buying video startup Synthesia, and SoftBank, which talked with humanoid robotics maker Agility about a takeover. In both cases, the startups ended up pursuing more venture capital funding at higher valuations.These are just the latest instances of aborted acquisition talks involving artificial intelligence startups that we’ve broken over the... Read more ›
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Rebecca Coffin owns Hailey's Kitchen Cafe & Bakery in Windham, Maine. She worried about the local community not being able to afford food. Read more ›
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GameHub 5.2 arrives with improved cloud saves and better physical keyboard support. Read more ›
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Three of the rumored potential buyers for entertainment titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are all interested in buying Warner Bros. Discovery as a whole or acquiring pieces of the company, like its content libraries and production assets, according to Bloomberg. Earlier this week, Warner Bros. Discovery announced it was […] Read more ›
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When you're trying to keep Leica's digital camera lineups straight, the M-System was always the one with optical rangefinder display (and high price tag). However. the company just upended that precedent with the M EV1, a 60MP mirrorless camera with a classic M design but an electronic viewfinder (EVF) in place of the rangefinder. It may upset purists, but it's a move that makes sense from a sales point of... Read more ›
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After serving a federal prison sentence for violating anti-money laundering laws and US sanctions, former crypto exchange CEO Changpeng Zhao has been pardoned by US President Donald Trump. Read more ›
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Well, that’s not very subtle. In an earnings call last night, Tesla CEO Elon Musk said he needs more control over Tesla, as well as a pay package that could be worth nearly $1 trillion, in exchange for building a “robot army.” Otherwise, he could get ousted as CEO, and then, well, who would control […] Read more ›
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Apple said today that it might be "forced" to disable a key anti-ad tracking feature in the European Union, reports DPA International. "Intense lobbying efforts in Germany, Italy and other countries in Europe may force us to withdraw this feature to the detriment of European consumers," Apple said in a statement to DPA. Apple is referring to App Tracking Transparency (ATT), a feature that lets iPhone and iPad users decide... Read more ›
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Target said Thursday it was cutting 1,800 roles, including 1,000 corporate employees and 800 open roles. Read more ›
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The Information
Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startup’s $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more ›
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Andrej Karpathy, one of the founding members of OpenAI, on Friday threw cold water on the idea that artificial general intelligence is around the corner. He also cast doubt on various assumptions about AI made by the industry’s biggest boosters, such as Anthropic’s Dario Amodei and OpenAI’s Sam Altman.The highly regarded Karpathy called reinforcement learning—arguably the most important area of research right now—“terrible,” said AI-powered coding agents aren’t as exciting... Read more ›
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Peter Hoeschele, who runs OpenAI’s Stargate data center team, said at an event last week that the company’s models are essentially in constant training mode. That’s a change from the past, when OpenAI would stop training them when they reached a certain point. “Let’s stop talking about training versus inference,” Hoeschele said after Oracle co-CEO Clay Magouyrk asked him how OpenAI allocates computing resources between training the models and running... 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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Sakana AI, a Tokyo-based developer of artificial intelligence, is in talks with U.S. and Japanese investors to raise $100 million at a valuation of $2.5 billion, up 66% from a financing a year ago, according to two people involved in the discussions. The funding talks come months after CEO David Ha said publicly that the company would operate profitably within a year. Sakana is developing AI with a different type... 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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Everett Randle, a former partner at Kleiner Perkins investing out of its growth-stage funds, has joined Benchmark as the firm’s newest general partner, the early-stage firm announced Monday. At Kleiner, Randle worked on investments including enterprise search startup Glean and legal AI ... Read more ›
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Nvidia is discussing guaranteeing some of the loans that OpenAI is planning to take out in order to build its own data centers, The Wall Street Journal reported, citing people familiar with the matter. Such a move would involve risks for Nvidia, as the chip giant could face hefty debt ... Read more ›
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Meta Platforms CEO Mark Zuckerberg must testify in the trial for a lawsuit alleging social media companies have harmed young users, a Los Angeles Superior Court judge ruled on Monday, CNBC reported. Instagram head Adam Mosseri and Snap CEO Evan Spiegel will also have to testify in the trial, ... 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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Most popular sources
Business Insider
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20% 3 |
MacRumors
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12% 1 |
Gizmodo
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10% 1 |
Wired
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8% 3 |
Tom's Hardware
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8% 4 |
| View sources » | |
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23.10.2025 19:19
Last update: 19:10 EDT.
News rating updated: 02:10.
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