168 place 24
CoreWeave, a fast-growing cloud computing startup that rents specialized servers for developing artificial intelligence, has hired Morgan Stanley to sell employee stock to investors at a valuation of at least $6 billion, three times higher than its valuation in an equity financing in May, according to someone with direct knowledge.
The deal involves selling about $500 million worth of existing common shares, which would represent about 8% or CoreWeaveâs stock, depending on the final valuation. CoreWeaveâs.
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The Information
Two early retirees tired of suburban life decided to build a home out of two bare-bones Amish wooden sheds. Now they homestead in rural Maine. Read more âș
725 fresh
Smartphone maker Xiaomi launched its first car, the SU7, earlier this year. The EV starts at less than $30,000, but is only available in China. Read more âș
614 fresh
Shaboozey has dominated the charts this year with "A Bar Song (Tipsy)," while stars like Taylor Swift and Kendrick Lamar also scored No. 1 hits in 2024. Read more âș
595 fresh
The Iran-backed rebels have spent the past year using missiles and drones to attack military and civilian ships in the Red Sea and beyond. Read more âș
532 fresh
Adobe reports $7.9 billion in online spending on Black Friday, up 8.2% from 2023, and expects final online numbers between $10.7 and $11 billion. Read more âș
483
Ukraine's navy has revealed a fresh paint job on some of its boats, which appear to have adopted a World War I-era tactic of using dazzle camouflage. Read more âș
429 fresh
This holiday season could be the last gasp for the big EV discounts that dominated the market in 2024. Read more âș
408 fresh
Two retired generals say Israel's air defenses need more protection from low-flying drones, which it's struggled to counter in attacks by Hezbollah. Read more âș
366 fresh
The iPhone 17 Slim could be Apple's thinnest iPhone yet if the rumors are true. Read more âș
319 fresh
iPhone loyalist or Android enthusiast? No matter your team, these deals on Apple, Google, Samsung and more will help you save this holiday season. Read more âș
314 fresh
A boomer moved to Panama from California to save money. She said she's struggling to find work and relying on side hustles to pay the bills. Read more âș
309 fresh
Silicon Valley has a long history with psychedelics, and some of its best-known leaders have partaken, including Steve Jobs and Sam Altman. Read more âș
306 fresh
Mistral AI releases content moderation API powered by its Ministral 8B language model. The âŹ6 billion-valued European AI startup has backing from tech giants Nvidia and Microsoft. The European artificial intelligence powerhouse Mistral AI has announced the release of its new content moderation API, marking a step in its mission to deliver sovereign AI solutions.... Read more » Read more âș
251
The youngster is less than 3 million years old, and raises questions about how planets form from the cosmos' dusty ether. Read more âș
192 fresh
The metaverse represents a profound leap forward in human communication, echoing Marshall McLuhanâs prophetic vision of the âglobal village.â McLuhan, whose ideas shaped one of my first published pieces in college, foresaw media reshaping society by compressing time and space. The metaverse takes this transformation further, creating a seamless digital realm where geography becomes irrelevant, [âŠ] Read more âș
185 fresh
Before heading to Tanzania, Business Insider's author got the Capital One Venture X credit card, which gave her airport lounge access for the journey. Read more âș
178 fresh
Hurricane-resistant homes are appealing to Florida homeowners grappling with stress and uncertainty as the risk of severe storm damage mounts. Read more âș
159 fresh
A new report claims that vinyl sales will soon outstrip CDs, while music revenues are now higher than global box office receipts. Read more âș
144 fresh
The Information
Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more âș
32
Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the companyâs CEO, Sankaet Pathak. At the time, discrepancies in Synapseâs ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more âș
23
Gavin Newsom, Californiaâs Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the companyâs large market ... Read more âș
23
If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacyâa semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more âș
13
Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more âș
3
Appleâs desire to make its products thinner could dampen sales in China if its engineers canât overcome a design hurdle with the slim iPhone planned for release next fallâit canât fit a physical SIM card tray, which is required in China. Apple plans to release its slim iPhone next year, alongside new versions of its traditional models, aiming to rejuvenate iPhone sales by providing customers with a compelling reason to... Read more âș
1
The judge overseeing Googleâs search antitrust case warned that he doesnât want to delay the upcoming trial of remedies to deal with Googleâs illegal search monopoly, now scheduled for the spring. At a status conference for the case on Tuesday, the judge said the incoming presidential ... Read more âș
2
Itâs a bit early to be offering predictions for 2025, but here goes anyway. Chances are very good that sometime next year weâre going to hear a bunch of complaints about newly released Apple iPhones dropping calls more often than previous models did. In other words, weâre in for a repeat of the âAntennagateâ brouhaha of 2010, when similar connectivity issues on the new iPhone 4 became a big story.Assuming... Read more âș
2
Ray Kurzweilâs predictions about technological advancements have intriguedâand unnervedâpeople for decades. At 76, heâs still quite up to the task and threw out a whopper within minutes of sitting down with me. âWhen we achieve AGI in the 2030s, weâre going to actually merge this intelligence with ourselves,â Kurzweil said, with utter straightforwardness. (AGI, of course, is the technical term for AI that has achieved human-level intelligence.) âIt will actually... Read more âș
0
About a year ago, Sean Kelly, then 26, decided to launch yet another business. Previously, heâd fooled around running a small drop-shipping company as a Rutgers University undergrad. Later he sold face masks and other personal protective equipment during the pandemicâs early days. Neither enterprise had really gone anywhere, and so after years of bingeing âThe Joe Rogan Experience,â he settled on his next venture: his own podcast. He billed... Read more âș
0
Most popular sources
Tech Wire Asia
|
32% 23 |
Business Insider
|
23% 9 |
Android Authority
|
6% 2 |
The Verge
|
6% 1 |
Eurogamer.net
|
4% 1 |
| View sources » | |
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30.11.2024 07:49
Last update: 07:30 EDT.
News rating updated: 14:42.
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