2 place 280 fresh
I’ve been hearing a lot about how intense competition is for Series A investments lately. Investors that typically look to invest in more mature startups, say at the Series B or above rounds, are crowding into Series A rounds for fear of missing the next major winner.Like much else these days, artificial intelligence gets the credit (or blame) for this new dynamic. Venture capitalists are watching revenues triple or quadruple over a year, or less, at AI application startups such as Suno or coding assistant.
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The Information
Meta goosed its revenue by targeting users likely to click on scam ads, docs show. Read more ›
2,787 fresh
The unprecedented pay day will go into full effect by 2035—as long as Tesla hits ambitious financial and production targets. Read more ›
2,521 fresh
ChatGPT maker is not seeking a US federal financial backstop for its $1.4tn investment binge, CEO says Read more ›
1,092 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 ›
932 fresh
Tesla investors back Musk pay despite his busy schedule running other companies. Read more ›
874 fresh
Grand Theft Auto VI is being delayed again: it will now launch on November 19th, 2026. “We are sorry for adding additional time to what we realize has been a long wait, but these extra months will allow us to finish the game with the level of polish you have come to expect and deserve,” […] Read more ›
674 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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The Wall Street Journal reported today that Ford may be on the verge of sunsetting the F-150 Lightning truck. The model is an electric pick-up truck, and the best-selling one in the US, but the publication cited Ford execs who said the company would consider halting production completely on the F-150 Lightning. We’ve reached out to Ford for comment and will update if we receive a statement.The auto brand said... Read more ›
644 fresh
The FBI has subpoenaed popular Canadian domain registrar Tucows, demanding information about the owner of archive[dot]today, a popular archiving site used to bypass paywalls and avoid sending traffic to original publishers. The subpoena states it relates to a federal criminal investigation but provides no details about the alleged crime. Archive.today posted the document on X the same day. The site, also known as archive.is and archive.ph, started in the early... Read more ›
613 fresh
The buy-now, pay-later company Klarna said in internal messages that a security issue could have cost it $41 million in legal and remediation costs. Read more ›
601 fresh
Feds say 10% of flights are being cut at 40 US airports. Here is the best advice for what passengers should do if their flight is disrupted. Read more ›
571 fresh
The next OnePlus phone appears primed for gaming, with the global model confirmed to feature several high-powered specs. Read more ›
520 fresh
Sandworm and other Russian-state hackers unleash data-destroying payloads on their neighbors. Read more ›
469 fresh
OpenAI CEO Sam Altman said the company expects to end the year with an annualized revenue run rate above $20 billion. Read more ›
454 fresh
Paden Ferguson and his partner snagged the only two viral Bearista cups at their Starbucks. Customers were miffed that so few bear cups were stocked. Read more ›
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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 ›
414 fresh
President Trump promised to lower the cost of Ozempic to $150. Mark Cuban says he's working from the same playbook as Cost Plus, giving consumers transparent prices. Read more ›
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Due to the longest shutdown of the federal government in American history, Transportation Secretary Sean Duffy announced this week that he will be reducing the total number of flights by 10 percent at 40 major airports. The move begins on Friday morning, and will impact roughly 3,500 to 4,000 flights daily. “This is proactive,” Duffy […] Read more ›
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The University of Austin just received a generous gift from a deep-pocketed benefactor. Read more ›
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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 ›
54
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
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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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 ›
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Most popular sources
Business Insider
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27% 9 |
Tom's Hardware
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13% 10 |
The Verge
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8% 5 |
Gizmodo
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7% 3 |
Ars Technica
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7% 2 |
| View sources » | |
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06.11.2025 19:27
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