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ByteDance is best known in the U.S. as the owner of TikTok. In China, the tech giant is also becoming known as a major force in cloud computing—so much so that it is now threatening Alibaba Group, long the undisputed king of cloud services in China.
In one sign of the intensifying rivalry, executives at Alibaba have started to focus on the type of cloud offerings in which ByteDance has an edge: selling cloud-based access to AI models. Last month, Alibaba CEO Eddie Wu attended a meeting with Alibaba Cloud’s
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As OpenAI discusses raising an unprecedented investment round of up to $100 billion, it can crow about some key improvements to how it runs its business. While its total computing costs are still high as a percentage of revenue, it is wringing more revenue out of every dollar it spends to run the servers that power ChatGPT’s subscription business and selling access to models to corporate customers. The company’s compute... Read more ›
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Over the past this year, some OpenAI staffers noticed a concerning change in the way people who used ChatGPT were reacting to improvements in the chatbot. In prior years, every time OpenAI made a big upgrade to the artificial intelligence that powers the chatbot, usage surged as people easily found ways to get useful responses out of it, one employee said. But even as ChatGPT attracted more users this year,... Read more ›
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TikTok employees working for the company’s U.S. Data Security division will be moved under a U.S. joint venture ownership company in January and will no longer be able to receive Restricted Stock Units from TikTik’s Chinese parent company, ByteDance, staff were told on Friday. The U.S. Data ... Read more ›
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Prediction markets like Kalshi and Polymarket have gained popularity in the U.S. by letting people bet on everything from elections to Oscar winners to weather trends. But over the past year, a substantial portion of their wagers—and in Kalshi’s case the vast majority—have come from sports betting. And now traditional sportsbooks and crypto exchanges are crashing the prediction market party. DraftKings, one of the two largest online sportsbooks in the... Read more ›
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A few weeks ago, Microsoft CEO Satya Nadella sent an email to engineering leaders at the company who were working on a consumer version of Copilot, the AI-powered assistant inside several Microsoft products. A Microsoft manager on the email thread noted that Google’s Gemini chatbot had recently gotten better at connecting with Google Drive for tasks like summarizing the contents of photos stored in folders. Nadella, meanwhile, wasn’t pleased with... Read more ›
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Snowflake is in talks to buy app monitoring startup Observe Inc. for around $1 billion, which would likely be the biggest deal in Snowflake’s history, according to people with knowledge of the discussions. Observe, based in San Mateo, Calif., sells so-called observability tools that help developers to understand how their applications are performing and allows them to spot disruptions and outages. The deal would bring Snowflake into closer competition with... Read more ›
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Over the past year, Andreessen Horowitz, Sequoia Capital and many of Silicon Valley’s other top venture capital firms have funneled at least $1.2 billion in funding to startups selling technology to city police departments and local public safety agencies. Those companies illustrate the ... Read more ›
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Thinking Machines Lab, the AI lab co-founded by former OpenAI Chief Technology Officer Mira Murati, is planning to release its own in-house models next year, co-founder and Chief Scientist John Schulman said on a podcast. So far, Thinking Machines has released Tinker, an application programming ... Read more ›
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Brett Adcock, the CEO of robotics startup Figure AI, has started a new AI lab called Hark, which will be funded by $100 million of his personal capital, according to a copy of a memo Adcock sent to Figure employees and investors on Thursday seen by The Information. The AI lab will be focused on ... Read more ›
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25.12.2025 07:49
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