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When enterprise software firm Databricks revealed on Monday it would pay $1.3 billion for a two-year-old artificial intelligence startup, MosaicML, the deal looked overpriced. Databricks is paying 65 times Mosaic’s $20 million in annual recurring revenue, a measure of customer commitments to pay for its software, according to Databricks CEO Ali Ghodsi.
In reality, the value of the deal is much less. Databricks is paying for Mosaic in stock at the same share price as Databricks’ last equity financing round,
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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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If you're like me and find it easy to lose your keys, or you want to make sure your suitcase never goes MIA, the AirTag 2 is an essential for any iPhone owner. Read more ›
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Nvidia and AI server chip startup d-Matrix are combining their respective hardware in a new system to power AI models, The Information reported. The move is part of Nvidia’s strategy to partner with more of its competitors as a way to hedge against or make money from their success. D-Matrix, ... Read more ›
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By JD Raimondi, Head of Data Science at MakingSense. Most conversations about AI agents still begin with the model: which one reasons better, which one is faster, which one is cheaper per request. Those questions matter, but they rarely explain why an agent performs well in a controlled demo and then becomes inconsistent once it’s ... Read more ›
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The NYT Strands hints and answers you need to make the most of your puzzling experience. Read more ›
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Connections is a New York Times word game that's all about finding the "common threads between words." How to solve the puzzle. Read more ›
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Here's the answer for "Wordle" #1845 on July 8 as well as a few hints, tips, and clues to help you solve it yourself. Read more ›
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Small workshops and garages can fill up fast, but a few foldable DeWalt tools and products can help you free up space without giving up useful gear. Read more ›
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You can kindle your digital reading passion for as low as AU$140 / NZ$146! I haven't seen these kind of Kindle deals in a very long time. Read more ›
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Meta's slop generator has arrived late in the game, and you might want to opt-out from it. Read more ›
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The State Government has committed a further $6.5 million to Western Australia's space sector, though the figure sits well below what South Australia has put behind its own space industry. Read more ›
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DeepSeek accidentally created a working browser ransomware technique targeting Android photos, Check Point Research found, without human guidance involved. Read more ›
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Meta is rolling out an update, starting with its second-generation smart glasses, that will disable the camera capture system if the LED light is covered or physically tampered with. Read more ›
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Samsung will kick off the pre-reservation campaign for the Galaxy Z Fold8, Z Fold8 Ultra, Z Flip8 and the new Galaxy Watches tomorrow, July 8, claims tipster Abhishek Yadav. This tracks with Samsung’s usual timeline. For example, pre-reservations for the Galaxy S26 series started on February 11, exactly two weeks ahead of the official unveiling on February 25. Samsung has let it slip that the new foldables will be unveiled... Read more ›
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Millions of low-cost, off-brand Android devices were hijacked to help criminals hide online. Read more ›
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Dire Straits' Guy Fletcher says that Atmos can deliver more emotion from the music you love Read more ›
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President Donald Trump said the granite helipad will prevent the new fleet of Sikorsky Marine One helicopters from damaging the South Lawn. Read more ›
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Nvidia has a plan to deal with the growing list of AI server chip competitors: partner with them. In the latest example, Nvidia and AI chip startup d-Matrix are combining their respective hardware in a new system to power AI models, the companies told The Information exclusively. Read more ›
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The Information
Chinese food delivery giant Meituan unveiled its new open-source large language model that it says has been trained entirely on Chinese chips. Meituan, which developed its first LLM last year, said its new model, LongCat-2.0, which has 1.6 trillion parameters, is the first model of this ... Read more ›
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The company behind Lime electric scooters said late Tuesday it had priced its initial public offering at $25 a share, selling $174 million in new and existing shares. The IPO of the nine-year-old company is the latest venture-backed offering to test investor appetite after the massive listing ... Read more ›
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Verkada, which makes security cameras and accompanying software, said Wednesday that Nvidia is investing an unspecified amount of capital in the 10-year-old company at a $5.8 billion valuation. It’s the same valuation as Verkada’s December financing led by Alphabet’s growth investment arm, ... Read more ›
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Anthropic is backtracking a spyware rolled out covertly to track users’ location and whether they are based in China or affiliated with Chinese AI labs, after the move sparked controversies on social media. A Reddit post earlier this week said Claude Code covertly tracks and transmits ... Read more ›
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Expectations are growing that Elon Musk will propose a merger of SpaceX and Tesla. But a close look at Tesla’s org chart, including the $55 billion Terafab semiconductor manufacturing project, a Tesla and SpaceX collaboration, shows that the two companies are already operating as one entity in key ways. Several people, aside from Musk himself, have senior responsibilities at both companies, including Charlie Kuehmann, who has held leadership roles in... Read more ›
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Microsoft is planning to lay off thousands of employees across the company in the coming week, including in sales and engineering units, according to someone briefed on the plans. The layoffs will also include job cuts across Microsoft’s Xbox gaming organization that have been previously ... Read more ›
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Meta Platforms is developing plans for a cloud infrastructure business, Bloomberg reported, putting it in direct competition with cloud firms such as Google Cloud, Amazon Web Services, and Microsoft Azure. Meta has spent heavily to expand its AI data centers in recent years, to give it more ... Read more ›
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Software developers are starting to combine the two most successful uses of large language models: coding and customer support.Specifically, they’re using AI to automate the process of turning customer complaints about software issues or feature requests into new code. Previously, that could be a long and tedious process, which involved sending customer support tickets to a company’s support team, directing those issues to the relevant engineer, and coding up and... Read more ›
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Italian conglomerate Bending Spoons, which is rolling up aging internet businesses, priced its initial public offering at $29 a share, just above the preliminary range of $26 to $28 a share. The IPO price values the company at $19.4 billion. The shares will start trading later Wednesday. Bending ... Read more ›
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Financial data companies such as FactSet and Moody’s appear to have made progress reassuring investors that they won’t be replaced by finance-focused AI tools. But investors may have new questions these days around how the uncertainty of AI costs will affect usage of these businesses’ products.Investors were spooked when Anthropic and others touted AI products for finance and other professions earlier this year. Companies like FactSet, Moody’s, S&P Global and... Read more ›
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07.07.2026 22:36
Last update: 22:30 EDT.
News rating updated: 05:31.
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