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Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information.
Next has enlisted the help of BG Strategic Advisors, a Florida-based boutique investment bank specializing in transportation and logistics mergers and acquisitions, according to the deck and a person familiar with the matter. The sale process for Next is underway as some logistics startups have.
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From digital marriages to robot couriers, from Tallinn’s glass towers to Narva’s ash hills, Estonia proves that the smallest nations can build the biggest futures. Estonia counts around 1,500 startups, most anchored in Tallinn, together generating more than €2.4 billion in just the first half of 2025. It is a founder’s paradise disguised as a ... Read more ›
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Amazon has launched Alexa+, its next-generation digital assistant, in Canada. The company unveiled the new assistant in February, and it has been making its way to more and more people since. Canada is the first region outside the US to get access Amazon’s upgraded Alexa. Like the version that rolled out in the US, users can communicate with Alexa+ in natural language. They can say “I’m cold,” for instance, and... Read more ›
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At Tesla’s annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Musk’s other companies, xAI. But Musk’s revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more ›
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Microsoft will invest $5 billion in Anthropic, and Nvidia will invest $10 billion in the startup, the three companies announced on Tuesday. Meanwhile, Anthropic will spend at least $30 billion to rent servers from Microsoft’s Azure cloud equipped with Nvidia chips over an unspecified period, and ... Read more ›
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Apple’s succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely won’t happen until after late January when ... Read more ›
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Before we get to Gemini 3, we want to highlight this morning’s news that former Harvard University President Larry Summers has resigned from OpenAI’s board of directors following a congressional committee’s release of emails showing a personal correspondence between him and convicted sex offender Jeffrey Epstein. Summers had been on the board of the ChatGPT-maker for two years. His departure follows his decision to step back from public commitments in... Read more ›
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TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more ›
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The White House is working on an executive order that will direct the Justice Department to sue states that pass their own laws regulating artificial intelligence, according to a draft of the order reviewed by The Information. The order, which is still in the drafting phase, could change. The timeline for when it will be formally announced is also unclear. The move is part of a long-standing effort this year... Read more ›
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Thinking Machines Lab, the company co-founded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks with potential investors to raise about $5 billion in the startup’s next round of funding, according to a person who spoke with Murati. That target would more than triple the capital the ... Read more ›
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Crypto exchange Kraken said on Wednesday it has confidentially filed for an initial public offering in the U.S., moving ahead with its plan to list despite a recent-sell of crypto-related stocks. The filing comes a day after it raised $200 million from Ken Griffin’s Citadel Securities at a $20 ... Read more ›
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Blockchain.com, a crypto brokerage and wallet provider, is planning to go public next year, the company’s newly named co-chief executive revealed, aiming to list after several volatile years. The company said it promoted its president Lane Kasselman to be co-CEO, alongside its founder and CEO Peter Smith, as part of its listing efforts. Kasselman is a former Uber executive who has worked for the crypto firm for five years. The... Read more ›
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21.11.2025 05:37
Last update: 05:30 EDT.
News rating updated: 12:32.
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