274 place 2
Shortly after HSBC swooped on the carcass of Silicon Valley Bank in March of last year, picking up around 50 U.S. bankers and an $8 billion U.K. loan book, the London-headquartered bank’s management drew up plans to win over the biggest venture capitalists in the U.S. that had historically been SVB customers.
Fifteen months on, the bank can show progress in a couple of areas, including venture lending. HSBC has snared roughly 300 startup companies as clients over the last year, a figure management is hopin
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The Information
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The Information
Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
69
Chinese companies are launching open-source AI models built to power coding assistants as cheaper alternatives to those available from OpenAI, Anthropic and Google. Late last month, Shanghai-based AI startup MiniMax launched M2, a new open-source large language model developed primarily for coding and AI agents. In a post on X, MiniMax noted that the price of M2 is just 8% of that of Anthropic’s Claude Sonnet model. (M2 costs $1.20... Read more ›
50
Apple is delaying the release of the second-generation iPhone Air to work on a redesign of the device and make it more appealing to consumers, according to two people with knowledge of the matter. The redesign could include a second camera lens, an attempt to address one of consumers’ main ... Read more ›
37
Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharp slump at most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disney’s entertainment ... Read more ›
31
OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Times’ copyright infringement lawsuit against the ChatGPT creator, the Times has asked for access to 20 million conversations between users and ChatGPT, a request OpenAI said Wednesday was “ ... Read more ›
30
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27
Two longtime vehicle manufacturing leaders at Tesla said separately on Sunday that they’re leaving the company. One of the executives, Siddhant Awasthi, worked as program manager for Cybertruck and oversaw the production ramp of the electric truck. Awasthi, an eight year Tesla veteran, also ... Read more ›
25
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 ›
23
Investors are rushing to back a new generation of research-focused AI startups. In just over a month, they’ve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startups’ founders say they hope to exploit new approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked. Read more ›
12
Anthropic plans to invest $50 billion building its own data centers, the first time it has done so, in Texas and New York, the AI startup announced in a blog post on Wednesday. Anthropic said it would partner with London-based cloud startup Fluidstack on the data centers. Anthropic said that the ... Read more ›
12
Most popular sources
Business Insider
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27% 4 |
Gizmodo
|
11% 4 |
Tom's Hardware
|
11% 5 |
CNET
|
7% 4 |
Eurogamer.net
|
6% 5 |
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16.11.2025 09:23
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