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On the public markets, the idea of companies that are burning cash also spending money on stock buybacks is a giant no-no. Yet for some reason, private tech investors are willing to give startups a pass for doing the same thing. Exhibit A is OpenAI, which we reported wants to use some of the $6.6 billion in cash it raised in its recent fundraising to buy shares from employees. Thatâs despite the fact that OpenAI could lose around $5 billion this year, largely because of the computing costs associated with t
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The Information
Walmart said Friday it will appoint Walmart US CEO John Furner as head of the corporation when longtime CEO Doug McMillon retires in February. Read more âș
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Edgar Wright is known for original movies. Directing a big-budget reboot of "The Running Man" is the biggest swing of his career. Read more âș
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The Steam Deck 2 is not happening anytime soon, a notion that has just been reinforced by software engineer Pierre-Loup Griffais, who says that Valve is waiting for true next-gen silicon with architectural improvements that will allow the Steam Deck successor to offer both significantly better performance and battery life, likely without incurring extra costs toward the end-user. Read more âș
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Yes Valve's new Steam Machine looks neat, and yes I'll almost certainly end up mulling over a purchase as my already creaking GPU continues ageing itself into irrelevancy, but - sorry Steam Frame, sorry Switch 2 - it's certainly not the gaming hardware I'm most excited about this year. Instead - and I realise countless eyebrows are about to shoot up in unison as I say what I'm going to... Read more âș
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Following the latest Switch 2 console update, Nintendo appears to have blocked third-party Switch 2 docks. Read more Read more âș
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China has reportedly developed the world's first scalable and industrial-compatible optical quantum chip that allegedly has 1000x the amount of processing power as Nvidia's outgoing AI GPUs. Read more âș
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This 34-inch curved OLED with 240Hz refresh and 0.03ms response is at a record low price. Read more âș
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Joseph Emerson attempted to shut down a plane's engines mid-flight after magic mushrooms left him feeling detached from reality for several days. Read more âș
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Elegoo can no longer guarantee a release date on a promised multicolor upgrade to the Centauri Carbon. Read more âș
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Unless Congress acts in the next month, up to four million Americans are expected to become uninsured, because they can no longer afford their health insurance premiums. While Congress has finally reached a deal to end the longest government shutdown on record, during which Democrats pressed Republicans to lower peopleâs health insurance costs, Democrats relented [âŠ] Read more âș
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Samsung has raised the prices of its individual memory chips by up to 60% since September, adding to concerns that the uptick in pricing for consumer products that use NAND Flash will continue for some time to come, amidst AI data center build-out-induced shortages. Read more âș
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My wife and I got an RV to homeschool our four kids in and travel together. We aren't against public school, it just wasn't for us. Read more âș
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This British wool-and-coil hybrid takes natural and organic to a new level, if you can get past the smell. Read more âș
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Adam Sandler, Laura Dern, Billy Crudup and Emily Mortimer co-star in Noah Baumbach's latest movie. Read more âș
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Target's holiday decor, hot cocoa bar, and sensory experiences bring nostalgia to stores as the retailer aims for a comeback. Read more âș
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The 43-day government shutdown was largely due to healthcare funding. Costs could still jump for Americans on Medicaid and Affordable Care Act plans. Read more âș
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More and more people want to make it official with their computer-generated lovers. Read more âș
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Amid a global memory shortage, China's YMTC has set its sights on building a third semiconductor plant in Wuhan, with the facility expected to begin mass production of memory chips by 2027. Read more âș
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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. Rubinâs startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more âș
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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 Anthropicâs Claude Sonnet model. (M2 costs $1.20... Read more âș
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On a quiet September morning, Alex Leithiser was out in the woods somewhere in the South on a secret mission: to break into a data center. First, he slipped through a small gap in the facilityâs barbed wire fence, and as soon as he hit the ground, he switched clothes, pulling a fresh set from a small backpack. With cameras and alarms all over the data center, Leithiser hoped to... Read more âș
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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 consumersâ main ... Read more âș
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Before Sequoia Capitalâs leader Roelof Botha announced he was stepping down from the position, partners Alfred Lin, Pat Grady and Andrew Reed came to him to talk about his time at the firm. Botha had only held the top-most job at the firm for three years, taking over from long-time leader Doug Leone just as startup valuations were convulsing from a historic series of rate hikes. Botha, after talking to... Read more âș
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OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Timesâ 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 â ... Read more âș
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Blue Owl Capital, one of Wall Streetâs biggest private lenders, is ramping up its big bet on artificial intelligence with a roughly $3 billion investment in a New Mexico data center thatâs part of OpenAIâs Stargate project, said a person with knowledge of the deal. Blue Owl, which has nearly $300 billion in assets, has emerged as a crucial investor in AI infrastructure, taking on the riskiest slices of big... Read more âș
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Two longtime vehicle manufacturing leaders at Tesla said separately on Sunday that theyâre 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 âș
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When Kara Nortman was looking to start a womenâs professional soccer team in Los Angeles, she and her co-foundersâactress Natalie Portman and entrepreneur Julie Uhrmanâtook meetings with sports experts in their hometown. The advice they received? It would be unwise to enter a market crowded by the MLBâs Dodgers, the NBAâs Lakers and a half-dozen other franchises. âWe talked to everyone who knew sports,â Nortman told me this week, âand... Read more âș
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Investors are rushing to back a new generation of research-focused AI startups. In just over a month, theyâve 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 startupsâ 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 âș
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Most popular sources
Business Insider
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22% 4 |
Tom's Hardware
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10% 3 |
Wired
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9% 3 |
Mashable
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8% 5 |
The Verge
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6% 7 |
| View sources » | |
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14.11.2025 09:11
Last update: 09:06 EDT.
News rating updated: 16:06.
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