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SoftBank is discussing with banks how to fund investments of up to $10 billion in energy-related projects, as artificial intelligence drives an enormous increase in demand for power, The Information reported. The company is also exploring ways to secure access to a large volume of Nvidia’s ...
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The reviews are in, and they're mostly in agreement that "Joker: Folie à Deux" shouldn't expect the same success as its predecessor. Read more ›
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Prime Video's hit Lord of the Rings show hasn't been renewed for a third season yet, but it's coming. Read more ›
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Katy O'Brien has also joined the cast of the dystopian Stephen King adaptation. Read more ›
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Mark Zuckerberg is leaning further into his fashion era and said he's considering selling T-shirts like the Roman-inspired ones he's been sporting. Read more ›
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Ryan Reynolds discusses his desire to bring Captain America back as Johnny Storm in the new Marvel movie. Read more ›
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IEEE predicts a steady rise in HDD capacity in the next 13 years, and the number of drives sold is also set to increase. Read more ›
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Ben Horowitz, cofounder of Andreessen Horowitz, initially had plans to support the Trump campaign. An email to A16z employees show a change of heart. Read more ›
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A millennial said she regrets her degrees and recommends people do their homework before pursuing higher education. Read more ›
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Larian is in another of its celebratory moods, applauding the barnstorming - and apparently record-smashing - success of Baldur's Gate 3 mods on consoles just a week after their arrival. Read more Read more ›
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Sesame Workshop's chief marketer, Samantha Maltin, is leaving. Her exit follows a CEO change and arrives ahead of an upcoming "Sesame Street" revamp. Read more ›
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Everywhere I go, I see his face. Well, helmet. Read more ›
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We tried Ina Garten's outrageous brownies, Beatty's Chocolate Cake, and the dessert she said was so good it'd make grown men weep. Read more ›
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Donald Trump said JPMorgan Chase CEO Jamie Dimon endorsed him for president, but a spokesperson told BI that's not true. Read more ›
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Image: MKBHD via YouTube MKBHD’s new wallpaper app has received its first big update after users criticized the app over pricing and the advertising setup for free accounts. On Friday, the Panels account announced on X that people using the app for free can now download high-resolution images — not just standard-definition ones — by watching a single ad. The app previously required users to sign up for a $11.99... Read more ›
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Rings of Power star Cynthia Addai-Robinson discusses how a familiar sword led to her and her co-star wanting to recreate an iconic Lord of the Rings shot. Read more ›
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The holds on the student loan forgiveness plan are only temporary right now. Here's what borrowers should know. Read more ›
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From graphene to non-latex, give these extraordinary condoms a try as you practice safe sex. Read more ›
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OpenAI just raised one of the biggest private pools of capital in Silicon Valley history. Ironically, one of the biggest questions is how soon it will try to raise that kind of money again, thanks to its high cash burn.Its $6.6 billion financing capped a convoluted and sometimes chaotic process that spanned continents. Investors are valuing OpenAI at $157 billion—on par with publicly traded firms like Siemens, Goldman Sachs and... Read more ›
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Welcome, Weekenders! In this newsletter:•The Big Read: How YouTuber Mark Rober got inside the heads of Silicon Valley families. • The Top 5: The best trails to use e-bikes to get out of your cars and smell Mother Nature. • Plus: A new album from electronic artist Jamie xx; a Batman villain spreads his wings; and the origins of reality television.Just when you thought OpenAI had filled its quota of... Read more ›
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Tesla has embarked on an ambitious effort to design four new versions of its in-house battery to power the Cybertruck, its forthcoming Robotaxi and other electric vehicles, according to people with direct knowledge of its plans. This is the most battery projects the company has worked on simultaneously. The projects come four years after CEO Elon Musk first outlined plans for Tesla’s next battery line, known as the 4680 because... Read more ›
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Lightspeed Venture Partners is raising money for three new funds that could total around $7 billion, according to a person who has discussed the fundraising with the firm’s partners. It’s the latest firm seeking to raise billions after a period when institutional investors pulled back from venture capital. Close to 40% of the new money will go to an opportunity fund that will make follow-on investments in its portfolio companies... Read more ›
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Logistics company Flexport is making fresh job cuts and will sublease excess warehouse space to overhaul the money-losing fulfillment business it acquired from Shopify last year, according to a memo to staff on Wednesday. Flexport, which was valued at $8 billion in a 2022 funding round, has seen revenue drop since then amid a broader collapse in freight markets. At the same time, it has struggled to fit the fulfillment... Read more ›
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Thrive Capital has raised $391.3 million in new capital for an investment vehicle associated with its $3.5 billion growth fund launched in August, according to a securities filing. In March 2023, Thrive similarly raised $744.8 million for an special-purpose vehicle, a pool of capital dedicated ... Read more ›
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OpenAI has completed a $6.6 billion fundraise that values the ChatGPT developer at $157 billion, including the investment, the company announced in a blog post on Wednesday. The announcement comes after several weeks of reports the company was in talks with investors including Thrive ... Read more ›
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You’ve seen them everywhere—and have probably even dodged a couple while crossing Market Street in San Francisco or Fifth Avenue in New York. Electric bikes have become a de rigueur mode of transportation for the office-going set, affording even those who routinely skip leg day at the gym the ability to sail through SoMa without breaking a sweat. Max Mautner, a software engineer from San Mateo, Calif., who works at... Read more ›
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The internet didn’t hold back in mocking OpenAI and SoftBank in response to my scoop on SoftBank’s Vision Fund investing $500 million at a $150 billion pre-investment valuation in the ChatGPT developer. The commentators quickly interpreted the Japanese telecom giant’s participation in the financing as a sign that the artificial intelligence market is peaking.It’s become clear that the investment firms keen to support OpenAI’s mega-financing are the same ones that... Read more ›
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Tome, a startup whose product uses generative artificial intelligence to quickly generate visual presentations, has laid off nearly a third of its 39 employees, the second round of cuts this year, according to a copy of the announcement. It’s one of a handful of generative AI startups, including ... Read more ›
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Most popular sources
Business Insider | 37% 5 |
Eurogamer.net | 9% 2 |
Gizmodo | 9% 4 |
Tom's Hardware | 6% 3 |
Android Authority | 5% 4 |
View sources » |
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05.10.2024 00:49
Last update: 00:35 EDT.
News rating updated: 07:40.
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