30 place 94
Scale AI’s 27-year-old CEO, Alexandr Wang, used to compete in national high school math competitions. His latest math-related victory may have been convincing investors in Silicon Valley to stretch his own company’s numbers. The startup’s $13.8 billion valuation, from a billion-dollar round it raised in May, is almost certainly too high, whichever formula you use.
The eight-year-old startup mostly handles the low-end work on artificial intelligence that large-language models developers like Alphabet, Meta.
A newsletter a day!
You may get 10 most important news around midday in daily newsletter. Press the button and we will send you the most important news only, no spam attached.
LIKE us on Facebook so you won't miss the most important news of the day!
The Information
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 ›
11,703 fresh
Cath Virginia / The Verge | Photo from Getty Images Trade associations involved in US broadband and wireless service say competition forces them to have good customer service, which may be news to many customers. The comments are in response to the FCC’s October inquiry reviewing the quality of internet and phone providers’ customer support. Ars Technica quotes a filing from NCTA – The Internet & Television Association, which says... Read more ›
1,488 fresh
Illustration by Cath Virginia / The Verge If you’re looking to catch up on recent shows and movies — including Shogun, The Penguin, and Dune: Part Two — the upcoming holiday weekend is the perfect time to do so. Thankfully, multiple streaming services are slashing subscription prices ahead of Black Friday and Cyber Monday, including Max, Hulu, and others. Right now, for example, you can sign up for a year... Read more ›
1,295 fresh
A still from a video generated by OpenAI’s Sora. | OpenAI OpenAI first teased its text-to-video AI model, Sora, back in February and hasn’t provided any meaningful updates on when it will be released since then. Now, it looks like some artists leaked access to the model in protest of being used by the company for what they claim is “unpaid R&D and PR.” On Tuesday, a group of Sora... Read more ›
823 fresh
Image: Cath Virginia / The Verge These days, Black Friday isn’t so much a single-day shopping holiday as it is an ever-expanding, monthslong event that often begins as early as October. The 24-hour deal blitz that once was the focus of newspaper headlines and mobs outside of stores is no more, which makes knowing when and where you should be spending your cash all the more confusing. Luckily, we’re here... Read more ›
738 fresh
The Tesla CEO went after the F-35, calling crewed fighter jets "obsolete in the age of drones," but uncrewed technology isn't there yet. Read more ›
695
Nintendo's Switch might be nipping at its heels, but PlayStation 2 continues to hold the record as the best-selling console of all time - with Sony now confirming the machine has shifted a whopping 160m units since launching all the way back in March 2000. Read more Read more ›
692 fresh
iRacing, Forza Horizon or Gran Turismo is about to get a whole lot better with our choices for the best racing sims cockpits. Read more ›
619 fresh
Bloomberg reports that Uber has started farming out independent contractors for data-labeling services as well as coders-for-hire. Uber describes its new Scaled Solutions division as a platform of “analysts, testers and independent data operators,” according to the company’s website. Scaled Solutions began life as an internal team, handling “large-scale annotation tasks” for Uber’s other services. Now it’s been expanded to provide coders and data labelers for outside companies like Pokémon... Read more ›
572 fresh
According to industry figures, recording an album can cost $250,000 to $300,000, making it difficult for artists to make a living without a record label. Read more ›
522 fresh
The best extra accessories we've seen on sale to go with your Quest 3/3S headset: straps, batteries, and more. Read more ›
514 fresh
Microsoft has quietly announced the end of an era, with the Xbox Avatar Editor going away early next year. "Due to low engagement and our shift in focus towards delivering other player experiences, the Xbox Avatar Editor app will no longer be available starting on January 9, 2025," the company wrote in its FAQ about the feature. The latest approach to personalizing avatars launched in 2018. The Xbox Avatar Editor... Read more ›
471 fresh
I take dozens of flights a year and you won't see me board a plane without this travel bag. Read more ›
469 fresh
There may or may not be some deals on high-end graphics cards during the Black Friday timeframe, but it's a bad idea to plunk down a wad of cash on soon to be deprecated hardware. Midrange and budget GPUs are at less risk, but the top GPUs will be surpassed when the next-gen parts arrive in early 2025. Read more ›
431 fresh
A PopSocket allows you to hold your phone with one hand, prevents drops and can double as a phone stand. Get one or several for up to 50% off for Black Friday. Read more ›
425 fresh
Rumors on social media inflamed speculation of a pay disparity between Cynthia Erivo and Ariana Grande. Read more ›
388 fresh
Eric Schmidt said the emotionally and physically "perfect" AI girlfriend may lead young male users to become obsessed with the chatbot. Read more ›
375 fresh
A recent neo-Nazi rally in Columbus, Ohio drew national attention—but it was just one of dozens that increasingly emboldened white power groups have held this year. Read more ›
367 fresh
Trump's promise to impose a 25% tariff on all imports from Canada and Mexico mimics his old strategy of using tariff threats as a negotiating tool. Read more ›
365 fresh
The Information
Comcast plans to spin off most of NBCUniversal’s cable TV networks including MSNBC, CNBC, USA and Oxygen, according to a person with knowledge of the matter. The decision, which comes a month after company executives first floated the idea to investors and analysts, could pave the way for more ... Read more ›
41
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
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
When Google CEO Sundar Pichai called Donald Trump to congratulate the president-elect on winning the election, a guest was on the line: Elon Musk, the CEO of Tesla, xAI and other companies, according to two people familiar with the situation. Musk’s appearance took Pichai by surprise, one of these people said. Read more ›
3
Most popular sources
Business Insider
|
31% 3 |
Wired
|
8% 5 |
Tech Wire Asia
|
7% 5 |
The Verge
|
7% 1 |
Gizmodo
|
6% 0 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
26.11.2024 19:43
Last update: 19:35 EDT.
News rating updated: 02:32.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.
popular
