6 place 24
Stability AI, which has emerged as a poster child for investors’ rush to back unproven artificial intelligence startups, has talked to at least one potential buyer in recent weeks about a sale as its faces a cash crunch, according to a person involved in the conversations.
The four-year-old startup raised at least $101 million from marquee investors including Coatue Management and Lightspeed Venture Partners. It fetched a $1 billion valuation in 2022 on early fanfare for Stable Diffusion, an open-source AI
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The Information
You can now purchase a test that will tell you whether you are sick with COVID or the flu -- no prescription required. Read more ›
1,325 fresh
Guests booked on a Royal Caribbean cruise can use Royal Up to bid on an upgraded cabin. I spent $100 and won a deluxe interior stateroom. Read more ›
1,155 fresh
Shuhei Yoshida will step down from PlayStation in January 2025, after more than 30 years at the company. Read more Read more ›
759 fresh
PayPay and Alipay+ announced an extended partnership at the Singapore FinTech Festival 2024, to increasing merchant coverage across Japan. PayPay, Japan’s leading QR payment operator, and AliPay+, Ant International’s mobile payment method that helps merchants reach shoppers in Asia, will now connect over three million local merchants to the global payment ecosystem. The extended partnership... Read more » Read more ›
643
The US gave Ukraine permission to hit Russia with long-range missiles, as it had long wanted. But the delay meant Russia was able to prepare. Read more ›
527 fresh
Black Friday bargains bring you a 25% discount off this Herman Miller gaming chair. Read more ›
525 fresh
Justin Trudeau, Canada's prime minister, told reporters on Tuesday that he had a "good" conversation with Trump following the president-elect's post. Read more ›
425 fresh
Following rumors from earlier this month, OnePlus officially confirmed its plans to launch the OnePlus Ace 5 and Ace 5 Pro in December. Both phones will make their debut in China, with the Ace 5 using the Snapdragon 8 Gen 3 while the Ace 5 Pro will get the latest Snapdragon 8 Elite. OnePlus Ace 5 series launch poster OnePlus exec Louis Lee shared some gaming benchmark scores from the... Read more ›
413 fresh
Illustration by Cath Virginia / The Verge | Photos by Getty Images Microsoft says it isn’t using customer data from its Microsoft 365 apps to train its AI models. The clarification addresses reports circulating online in the last few weeks claiming Microsoft required Word and Excel users to opt out of training the company’s AI systems. The confusion arose from a privacy setting in Microsoft Office that toggles “optional connected... Read more ›
357 fresh
Mike Manalac has worked in the tech hubs of San Francisco, Silicon Valley, and now Chicago. Here are his thoughts on each place and why one stood out. Read more ›
326 fresh
Trump's early tariff announcements on Mexico, Canada, and China are just the "opening move," wrote one trade-focused attorney. Read more ›
283 fresh
Qualcomm's interest in acquiring Intel is cooling due to the complexity of the deal, Intel's debt, and regulatory hurdles. However, according to Bloomberg, Qualcomm may still explore acquiring certain divisions of Intel to expand into markets like PCs and networking. Tom's Hardware reports: [T]he proposed acquisition faced significant obstacles, including Intel's $50 billion debt, dropping CPU market share, and its struggling semiconductor manufacturing unit, an area where Qualcomm lacks expertise.... Read more ›
275 fresh
"You don't have to keep a human being alive, which means you can be a lot faster and you can move a lot more quickly," Andreessen told Joe Rogan. Read more ›
227 fresh
Get your holiday reading (and gifting) in order with early Black Friday deals on books. Find Gregory Maguire's "Wicked" for just $10 at Walmart. Read more ›
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Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building ... Read more ›
201 fresh
Back in February, ZTE announced its first flip-foldable – the ZTE Libero Flip. That device then made its way to the global market as the nubia Flip, and we now have our first look at its successor – the nubia Flip 2 (NX732J), which appeared in certification listing on China’s TENAA agency. nubia Flip 2 (NX732J) Flip 2 will offer a redesigned look with a substantially larger 3-inch AMOLED cover... Read more ›
200 fresh
Rotterdam Havens-based Value Group (Value Maritime and Value Carbon) announced on Monday, November 25, that it has secured €2M from Energietransitiefonds Rotterdam (‘ETF-R’). The ‘Energietransitiefonds Rotterdam’ is a €100M investment fund of the City of Rotterdam. The fund finances innovative companies and large sustainable projects that can contribute to Rotterdam’s energy transition and circular economy. ... Read more Read more ›
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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 ›
32
Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s 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 ›
23
Gavin Newsom, California’s 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 company’s large market ... Read more ›
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OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
17
To call the last two years “tepid” for tech initial public offerings would be an understatement. In the wake of a record-smashing high in 2021, IPO deal proceeds plummeted 94% in 2022 and have been slow to recover. But 2025 could be looking up, with some big names likely to hit exchanges. At a recent event about artificial intelligence’s impact on the IPO market, Anita Ramaswamy, The Information’s financial analysis... Read more ›
16
There’s a lot of excitement around artificial intelligence disrupting search. Consumers and businesses increasingly use AI tools in lieu of traditional search engines such as Google. OpenAI has added search features to ChatGPT, Meta Platforms is crawling and indexing the web for its Meta AI chatbot and the AI search startup Perplexity is nearing a $9 billion valuation. A host of other AI companies provide information about current events in... Read more ›
13
OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
9
Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
6
Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
5
Here’s a question of paramount importance in AI: what if large language models could continue learning new information even after they’re done training? That’s the question that researchers at Writer, a $2 billion-valuation startup developing AI tools for enterprises, found themselves asking six months ago. Those researchers have now developed a new type of LLM, called “self-evolving LLMs,” that they claim can continue learning and updating its parameters, or the... Read more ›
2
Most popular sources
Business Insider
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20% 12 |
The Verge
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10% 4 |
Gizmodo
|
8% 3 |
Tech Wire Asia
|
8% 1 |
Tom's Hardware
|
8% 5 |
| View sources » | |
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27.11.2024 07:35
Last update: 07:31 EDT.
News rating updated: 14:30.
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