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Few companies have gone public with books as unusual as OpenAI’s.
At first glance, the company portrayed by the AI startup’s financial statements, reviewed by The Information, resembles a lean, low-debt software business. Its balance sheet, as at March 31, had zero debt and less than $750 million of lease liabilities.
Its cash-flow statement, moreover, showed OpenAI—one of the most hardware-centric tech businesses—spending just $46 million on capital expenditures in the quarter, less than even Salesforce,
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The Information
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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Your Wi-Fi router can probably do more than you think. Dig into the settings, and you'll find a few useful tricks hiding beyond the basic setup screen. Read more ›
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Vintage games can be hard to find, but Nintendo GameCube titles are exceptionally elusive. Read more ›
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Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain. Read more ›
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Apple is reportedly preparing two new Apple Pencil models for next spring, including a refreshed Apple Pencil Pro and an updated USB-C Apple Pencil, expected to launch alongside the next-generation iPad Pro. Read more ›
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Supercharge fixes the small macOS annoyances that have bugged Mac users for years. From one-click DMG installs to app shortcuts and a smarter Finder menu, here are the tweaks that changed how I use my Mac. Read more ›
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SanDisk's BiCS10 chip enables denser, faster NAND storage, paving the way toward costly future 512TB drives. Read more ›
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It is easy to read response time as character. Someone replies instantly to a meme, a logistics question, a restaurant link or a work aside. Then an emotional message arrives, and the same person goes quiet for two days. From the outside, that silence can look like indifference. From the inside, it may be something ... Read more Read more ›
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Since its launch in 2022, Belgium-based electric long-haul truck startup Windrose Technology has raised some $400 million from Chinese banks and other investors, according to CEO Wen Han, who also says he plans to take the company public in the U.S. and Europe this year at a $2 billion valuation. Windrose has also sponsored a professional basketball club in Belgium and pledged millions of dollars to Stanford University. And yet... Read more ›
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Sony's decision to drop physical media from 2028has caused a customer revolt, and everything the company does is overwhelmed by the backlash. Will it listen to lessons from history on how to turn this around? Read more ›
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SEI has created a Global Head of Enterprise Professional Services role to scale client transformation across its wealth and asset management platforms. Read more ›
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The CEO of SK Hynix, one of the three largest DRAM producers, predicted to Reuters that the memory industry will see its "worst-ever" supply shortages in 2027, reports the hardware/gaming news site Wccftech: SK Hynix has also forecasted that, given the current market demand, they will fall way short of fulfilling the market demand, and that will continue beyond 2030. The comments from SK Hynix are in line with what... Read more ›
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Microsoft wants to deepen Android integration and make it more seamless on Windows. Read more ›
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Dishwasher repairs can seem simple at first, but appliance age, parts, labor, warranty coverage, installation costs, and efficiency can change the math fast. Read more ›
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Thanks to upcoming EU regulations, the next Apple Pencil could feature replaceable batteries. Read more ›
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It’s shaping up to be a big year for equity capital markets bankers, between SpaceX’s record-breaking debut and already public companies issuing stock at a rapid clip. One often overlooked part of the market is also active, fueled in part by the capital demands of the AI boom. At-the-market offerings, a type of share sale by public companies that’s popular when prices are rising, are having a busy year—and more... Read more ›
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Невидимый текстовый слой PDF можно редактировать и экспортировать в Markdown, JSON и TXT. Такие документы называются адаптивными PDF, они созданы для чтения и людьми, и роботами. Люди видят обычный PDF, а роботы — отдельный слой ActualText с текстом в Markdown и картинками в base64. Читать далее Read more ›
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Most phone batteries degrade faster than they need to, and the charging habits behind that are easier to fix than most people realize. Read more ›
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The Information
Tesla said it rolled out its Robotaxi service in Miami on Friday, according to a post from its social media account on X. It’s the fifth city the automaker has launched its ride-hailing service as the company continues to expand its self-driving efforts alongside rivals like Waymo and Zoox. ... Read more ›
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Tech IPOs are definitely getting more interesting. On the heels of last week’s debuts by Bending Spoons and Lime, this week we’ve got South Korean memory chip giant SK Hynix, which is expected to list on the Nasdaq on Friday, adding to its existing South Korean stock exchange listing. Hynix will raise money as part of the Nasdaq listing, making investor reception to the offering another indicator of the IPO... Read more ›
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Alibaba Group and ByteDance will stop offering their chatbot apps’ features that enable users to create their own personalized AI agents, as Beijing prepares to enforce new rules on humanlike AI interactions. ByteDance’s Doubao, China’s most popular AI app by users, and its rival Qwen from ... Read more ›
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Singaporean prosecutors filed new charges against one of the suspects in a case related to smuggling Nvidia chips from the Southeast Asian country to other destinations such as China. The case began in February 2025 and has since expanded, as prosecutors alleged that the suspects falsely ... Read more ›
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Broadcom and Apple agreed to expand their “longstanding technology collaboration through 2031,” Broadcom said in a securities filing, adding that the companies had struck “new multi year” agreements for Broadcom to develop and supply custom chips for Apple to use in various products. Apple has ... Read more ›
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The world’s largest companies may not be hurriedly replacing traditional enterprise applications with vibe coded alternatives, but some smaller firms are. Greenleaf Management, an Atlanta-based real estate property and investment manager with about 55 employees, saved around $100,000 annually by replacing Salesforce’s customer relationship management software with a custom application developed using AI tools from startup Replit and Claude Code, said Dave Codrea, a partner at the company. The new... Read more ›
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Microsoft is laying off 4,800 employees, primarily in its Xbox and sales units, chief people officer Amy Coleman said in a memo to staff Monday. Coleman said that the cuts in sales were due to reorganizations as Microsoft shifts its business to focus more on AI products, including the creation ... Read more ›
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A little-noticed spat between two startups over their highly similar marketing videos is fueling concerns about AI's impact on creativity.Higgsfield AI, the video generation startup, has been getting buzz lately. My colleagues Valida and Julia reported last week that Higgsfield is raising $300 million to $500 million at a $5 billion valuation, excluding the new funds. And the company recently announced an integration with Claude Code, allowing the Anthropic coding... Read more ›
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At this year’s Milken Institute Global Conference, the discussions around enterprise AI had shifted. The question among executives was no longer if AI would pay off, but how. Many talked less about proving ROI and more about positioning their companies to capture it. That tension—between AI’s capabilities and organizations’ capacity to keep up—was evident everywhere, from panel discussions to a private dinner co-hosted by Aily Labs founder and CEO Bianca... Read more ›
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DETROIT—In mid-June, a few days after the SpaceX initial public offering made him billions, tech investor Antonio Gracias returned to his hometown of Detroit to address a room filled with Rust Belt manufacturers. The proprietors were mostly tech transplants who had come to the Midwest to buy up industrial plants and install AI on the factory floor.“It’s not true that you can’t make things in America,” Gracias said to encouraging... Read more ›
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12.07.2026 14:51
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