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Singapore’s GIC is in talks to lead an investment in database startup Supabase at a valuation of about $10 billion, double the level it raised at last fall, according to two people with direct knowledge of the discussions.
Supabase is aiming to raise about $500 million in the fundraising round, but the number could change, they said.
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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In this week's Crypto Long & Short, Alex Tapscott on the stalling of the CLARITY Act and how it's impacting the average American consumer. Then, Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them. Read more ›
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Capcom continues to deliver heavy hits year after year, and it looks like Onimusha Way of the Sword will be another one of them. Read more ›
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Cruise and aviation are already converting AI into revenue, while lodging's consumer-facing layer, including Marriott's own conversational search, is still arriving. Read more ›
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GMKtec mini PCs are heavily discounted right now — but the sale to celebrate the company's 7th anniversary ends soon. Read more ›
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Amazon's updated search bar will now show you AI-generated images of products as you describe them. For now, the in-app feature only surfaces AI images of clothing and home goods, allowing you to tap on the image that best matches what you're looking for and search for similar-looking items. In a blog post, Amazon positions […] Read more ›
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Lian Li's Edge V2 PSUs add a dust-detecting LED indicator, a removable filter, and a snap-on hub for fans and USB devices. They should arrive in September, at up to 1350 watts. Read more ›
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Amazon's early Prime Day sale includes some of my favorite cheap tech gadgets that you'll actually use, and I'm rounding up the 15 best with prices starting at just $9.99. Read more ›
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Greenvolt Next, part of Greenvolt Group, a leading specialist in renewable energy solutions for the commercial and industrial sector, has announced the creation of 90 new jobs – 50 of which will be based at its Waterford headquarters. Over the next 12 months, the company will be recruiting mid-level to senior managers to support its […] Read more ›
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Microsoft says its new Majorana 2 quantum chip is 1,000 times more reliable than its predecessor, with qubits lasting about 20 seconds instead of milliseconds, and claims it could have a commercially useful quantum machine by 2029. The BBC reports: "We will have a quantum machine in 2029 that can solve commercially viable, reasonable problems," said Zulfi Alam, corporate vice president of Microsoft Quantum. That would still require huge further... Read more ›
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Travis Knight's new film, starring Nicholas Galitzine, Camila Mendes, and Jared Leto, is in theaters June 5. Read more ›
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Tom's Hardware stopped by the ASRock booth, and was greeted by a wide variety of products at this year's Computex. Read more ›
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Google’s parent company Alphabet said on Wednesday that it was increasing the size of its equity raise to $84.75 billion from $80 billion. The bulk of the money—Google’s first time selling new stock since 2005—is earmarked for spending on AI infrastructure and compute, highlighting the cost of ... Read more ›
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The Skift Takeaway SKIFT DATA + AI SUMMIT 2026 The Stack You Have Won’t Scale What You’re Building Michael Leidinger, SVP & Chief Information Officer, HiltonFiras Al Osman, Chief Digital Officer, Air Canada Moderated by Sean O’Neill, Senior Hospitality Editor, Skift THE ARGUMENT Both executives said the AI conversation skips the hard part: the foundation […] Read more ›
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June's night sky delivers several must-see events, starting with a close encounter between Venus and Jupiter after sunset. Mercury joins the pair to form a rare three-planet lineup, while the Moon puts on a special show by passing in front of Venus for viewers in parts of the Americas. The month also marks the start of astronomical summer and the return of spectacular deep-sky targets like the Ring Nebula and... Read more ›
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Companies like JPMorgan, Meta, Amazon, and KPMG are tracking how employees use AI, and using the data to inform decisions about performance. Read more ›
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The race to tokenize real-world assets is accelerating. The infrastructure needed to support them is still catching up. Financial institutions have shown growing interest in bringing assets such as private credit, real estate, and investment funds onto blockchain networks. Yet ... Read more ›
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Представьте: вас уволили с работы. Причина в приказе: «Вы нарушили правила компании». Вы спрашиваете: «Какие именно? Что я сделал?» Ответ: «Не скажем. Внутренняя информация. Обжалованию не подлежит».Абсурд? Да. Но в цифровой среде это давно стало нормой. YouTube, ВК, Telegram, профильные форумы, магазины приложений — все они блокируют аккаунты, каналы и софт с одной дежурной формулировкой: «Нарушение правил сообщества». Каких? Где? Когда? В ответ — тишина.Чем это опасно: Читать пока не... Read more ›
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The Information
OpenAI’s foundation will grant $250 million in funding to promote research into the impact of artificial intelligence on the economy and jobs, the company said in a blog post on Wednesday. The company’s charitable arm was separated from OpenAI’s for-profit business last fall as part of a ... Read more ›
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Coding startup Cognition has raised more than $1 billion in a funding round that valued the company at $26 billion including the investment, the company said in a blog post. That’s nearly double its valuation from its last fundraise, which valued the three-year-old company at about $10 billion ... Read more ›
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United Texas Bank, a crypto-friendly bank, said it successfully switched its regulator through a charter conversion, despite being under a consent order. The move will help it grow its business serving digital asset firms and foreign banks. The Dallas-based bank, which has about $1 billion in ... Read more ›
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Salesforce on Wednesday lowered its projection for cash flow growth in its 2027 fiscal year, which ends January next year. The stock fell 3% in after-hours trading following Salesforce’s quarterly earnings results for the April quarter. The software firm said operating cash flow will rise 4% to ... Read more ›
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Database firm Snowflake said it has committed to spending $6 billion on Amazon Web Services over the next few years, including using Amazon’s Graviton chips and AI infrastructure. Graviton is a CPU, a chip designed for general computing. CPUs are becoming increasingly important as businesses ... Read more ›
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Shares of Snowflake rose more than 30% late Wednesday after the database provider surpassed its earlier forecast for product revenue—its most closely watched sales metric—by around $125 million for the first quarter ending April 30. The company raised its full-year product revenue target by $180 ... Read more ›
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Meta Platforms is launching paid subscriptions for its AI chatbot across Facebook, Instagram, and WhatsApp as it looks to monetize its investments in artificial intelligence. The company’s head of product, Naomi Gleit, announced Wednesday that it is testing out new subscription plans. The ... Read more ›
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Federal prosecutors charged a Google employee with using confidential information to win $1.2 million betting on Polymarket, according to a Federal Court complaint unsealed on Wednesday. Michele Spagnuolo, a staff software engineer at Google, allegedly placed bets on the prediction market for ... Read more ›
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Meta Platforms plans to place engineers and product managers inside large corporate customers as part of a new unit at the social-media giant to push businesses to use its AI tools and services. In an internal memo, senior executive Naomi Gleit said the new organization, called Enterprise Solutions, will be made up of product managers who lead customer engagements, data engineers who prepare client data for use in Meta’s AI... Read more ›
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Khosla Ventures partner Ethan Choi, a leader of the early-stage firm’s investments in mature startups like cloud provider Vercel, is leaving to launch a new venture firm. The new firm, called Atomus, is in the process of raising a new venture fund of at least $500 million, according to a person familiar with Choi’s plans. About half of the fund has already been raised, the person added. Read more ›
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03.06.2026 12:29
Last update: 12:20 EDT.
News rating updated: 19:23.
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