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Chinese social media giant Kuaishou Technology is planning to spin off its Kling AI video business ahead of an initial public offering next year, in an attempt to capitalize on investors’ appetite for AI stocks, according to two people with knowledge of the plans.
Kuaishou has held talks with potential investors for a pre-IPO funding round that values Kling at $20 billion, the two people said. Kling develops AI video generation models that compete with those from ByteDance, Google and Alibaba.
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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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We still don't know much about Gears of War: E-Day, but that's set to change next month, when the cover-based third-person shooter prequel gets its own time to shine directly after the next Xbox Games Showcase 2026. However, we might have learned about the potential release window earlier than intended. Read more Read more ›
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TikTok is preparing to roll out a paid, ad-free version of its app in the UK. The new subscription announced today will be available to users over 18 "over the coming months," according to TikTok's announcement, and will cost £3.99 (about $5.40) per month. In exchange for that, TikTok will remove ads from the user's […] Read more ›
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Marvel's next TV special will hit Disney+ in the very near future — here's when you'll be able to watch it. Read more ›
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Researchers at Trinity College Dublin have developed a new cloud collaboration platform (InvizCrypt) that offers true privacy, giving users much stronger control over who can access their sensitive data and documents. The InvizCrypt platform, developed by Professor Hitesh Tewari and colleagues from Trinity’s School of Computer Science and Statistics and ADAPT at Trinity College Dublin, is designed […] Read more ›
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Discord is announcing the launch of Nitro Rewards today, a new program for subscribers that bundles benefits from third parties like Microsoft, Logitech, and SteelSeries, into a Nitro subscription. The main addition is that Nitro members will now get a new starter edition of Xbox Game Pass at no extra cost. Xbox Game Pass starter […] Read more ›
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The co-founder of Danish digital bank Lunar is stepping down as CEO after more than ten years and is being replaced by a former Danske Bank and Saxo Bank executive.Ken Villum Klausen, Lunar co-founder... Read more ›
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Poland has long been known as one of Europe’s strongest software development and IT outsourcing hubs, supplying engineering talent and enterprise delivery capabilities to companies across Western Euro... Read more ›
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Wordle could be the next great game show. NBC has greenlit a game show version of The New York Times' popular puzzle game, and it's set to debut in 2027 with Savannah Guthrie as the host. The show will be produced by Universal Television Alternative Studio "in partnership with" Jimmy Fallon's production company and the […] Read more ›
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Преимущество РФ при строительстве новых ЦОД в недорогой электроэнергии. Благодаря большому количеству замороженных энергоемких производств некоторые регионы обладают существенным профицитом электроэнергии. Читать далее Read more ›
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The OnePlus 15 and OnePlus 15R are both impressive phones, but how do they compare? Read more ›
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When Cursor agreed to a $60 billion conditional takeover offer from SpaceX last month—the purchase isn’t definite—some of Cursor’s rivals expected the coding startup to work with SpaceX’s xAI unit to develop new models, specifically for coding.That’s not happening anytime soon, apparently. Cursor doesn’t currently plan to codevelop coding models with xAI and is focused on improving its own model, Composer, which is powered in part by Chinese model Kimi,... Read more ›
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Good morning! Anissa here. We’ve been tracking Google’s effort to expand the reach of its tensor processing units for quite a while, and two developments last week helped us understand where things are actually headed.On one hand, Google said on its earnings call that it plans to sell its TPUs directly to customers for use in their own data centers—something we first reported last fall. The move marks a significant... Read more ›
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OpenAI President Greg Brockman said his stake in the startup he cofounded is worth close to $30 billion. His comment came in response to questioning from a lawyer for Elon Musk as Brockman began his testimony in the trial over Musk’s lawsuit alleging breach of charitable trust at OpenAI. The ... Read more ›
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OpenAI has raised $4 billion from 19 private equity firms and consultancies including TPG, Brookfield Asset Management, Bain Capital and Advent for a new company that will employ specialized tech consultants to help the PE firms’ portfolio companies integrate AI, according to a person with ... Read more ›
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Pinterest’s revenue growth accelerated to 18% in the first quarter, lifting its topline to $854.9 million, the company said Monday afternoon. The digital bulletin board firm said its monthly active user count grew 11%, down a slightly slower growth rate than the fourth quarter. U.S. users grew ... Read more ›
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Cisco announced its intent to acquire Israeli cybersecurity startup Astrix, confirming The Information’s report from April. The company didn’t announce an acquisition price. The Information reported that Cisco was in talks to acquire Astrix for between $250 million to $350 million, at least a ... Read more ›
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The White House is rethinking its approach to AI oversight as models grow more powerful, according to the New York Times, which reported on Monday that the administration is weighing new review processes, including an executive order that would bring together industry executives and government ... Read more ›
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Palantir reported revenue grew 85% to more than $1.6 billion in its March quarter—a 15% uptick from last quarter—and raised its full-year projection to 71% growth, from the 60% it issued a few months ago. Palantir is continuing to benefit as more U.S.-based companies and U.S. government agencies ... Read more ›
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Sierra, a three-year-old startup that makes agents for managing client relationships, said Monday it is raising $950 million in a funding round led by Tiger Global Management and Google Ventures, valuing the AI customer service startup at over $15 billion including the investment. The new ... Read more ›
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11.05.2026 09:10
Last update: 09:05 EDT.
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