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OpenAI’s rapid growth continues to boost the prospects of suppliers and other business partners whose sales are also climbing quickly.
Anysphere, which develops Cursor, an artificial intelligence coding assistant powered in part by OpenAI technology, has received investment offers from venture capitalists at a valuation of around $2.5 billion, up more than six times from its valuation in a deal roughly four months ago, according to two people with direct knowledge of the situation.
Meanwhile, Mercor, a st
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AI and ML are well embedded in the call centre, but we can learn from the mistakes of the past. In conversation with two industry executives, we learn about prioritising EX for AI success. Read more ›
13,343 fresh
Starbucks slumped in sales this last quarter. But the Chinese coffee brand, characterized by heavy discounts, reported a strong third quarter. Read more ›
994 fresh
Vice President Kamala Harris publicly conceded the 2024 election to former President Donald Trump in a Wednesday afternoon speech. Read more ›
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“Many many many executions are warranted,” one Trump supporter wrote on Truth Social. “These traitors are a terminal cancer that MUST BE completely eradicated to make America healthy again.” Read more ›
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Apple appears to be working on a new battery charging feature for iPhone that will show users how much time it will take for their device to reach a full charge. Code unearthed in the latest iOS 18.2 beta by 9to5Mac references a new "BatteryIntelligence" framework that apparently allows the system to calculate estimated charging completion times. While the feature has yet to be enabled, if Apple does implement it... Read more ›
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Taylor Swift has made over a dozen appearances at Chiefs games. Her gameday fashion has ranged from forgettable to luxe and stylish. Read more ›
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Nikon unveils the Z50 II mirrorless camera, updating the Z50 with its latest processor, improved autofocus and Nikon Cloud compatibility. Read more ›
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Huawei is attempting to poach TSMC employees by offering up to three times the going rate. Read more ›
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"I'm always going to do pop stuff, I pinky promise," said Grande, who plays Glinda in "Wicked." Read more ›
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An anonymous reader quotes a report from Reuters: Australia Prime Minister Anthony Albanese said on Thursday the government would legislate for a ban on social media for children under 16, a policy the government says is world-leading. "Social media is doing harm to our kids and I'm calling time on it," Albanese told a news conference. Legislation will be introduced into parliament this year, with the laws coming into effect... Read more ›
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Martha Stewart lost her billionaire status following her stock-trading scandal, but she continues to live a lavish life. Read more ›
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The 2024 presidential election is over — and Donald Trump is the victor. There is no doubt about the election’s legitimacy: Trump is on track to win the Electoral College by a wide margin, and potentially win the popular vote for the first time. Yet while the election itself was clearly on the level, what comes […] Read more ›
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Today, the stock market saw Nvidia overtake Apple - now standing as the world's largest company by market capitalization at $3.5 trillion. Read more ›
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After graduating from college, I was nervous about job stability and unemployment. A job in Alaska sounded perfect, but it cost me my social life. Read more ›
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As president-elect, Donald Trump will have even better chances to delay his upcoming criminal sentencing. Read more ›
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With the macOS Sequoia 15.2 beta, Apple has revamped AirPlay, adding new options for sharing a more limited amount of information on the screen when AirPlaying to an Apple TV. There are now options to show your entire screen, a specific window or app, or your extended display. Limiting AirPlay to a specific app allows a presentation or photos to be shared on the larger screen of a TV without... Read more ›
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Now that it is clear Donald Trump will become president again and will have a Republican Senate and almost certainly a Republican House to back him, it’s important to ask: What will he do with these majorities? And given his track record last time, what will it mean for poor Americans and the programs they […] Read more ›
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Canada has ordered TikTok to shut down its operations in the country, citing unspecified “national security risks” posed by the company and its parent ByteDance. With the move, TikTok will be forced to “wind up” all business in the country, though the Canadian government stopped short of banning the app. “The government is taking action to address the specific national security risks related to ByteDance Ltd.’s operations in Canada through... Read more ›
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iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2 are now available to developers and public beta testers ahead of a planned December launch. The update introduces the next-generation Apple Intelligence features like Genmoji an Image Playground, but even if you don't have an Apple Intelligence-capable device, there are other features that are worth knowing about. This guide highlights all of the new features we've found in iOS 18.2 so far.... Read more ›
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Starship will launch during the late afternoon so its descent into Indian Ocean is visible. Read more ›
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You could be forgiven for missing, amid the onslaught of tech company earnings news lately, what may be the most startling business story of the week. That would be the plan by enterprise software and bitcoin investment firm MicroStrategy to raise a massive $42 billion over the next three years to buy more bitcoin, using equal parts debt and equity. The total raised would nearly double MicroStrategy’s size, given that... Read more ›
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TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024, according to two people with knowledge of the financial results. As TikTok accounts for most of ByteDance’s revenue outside China, the growth suggests that TikTok’s advertising and other businesses have remained strong despite the threat of a U.S. ban. ByteDance’s overall revenue in the first half—mainly coming from advertising and... Read more ›
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Conviction Partners’ Sarah Guo, a former general partner at Greylock Partners who left the firm two years ago to back very young AI startups, is raising around $200 million for her second fund, according to a person with direct knowledge on the fundraising efforts. Guo has also told prospective ... Read more ›
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Artificial intelligence is supposed to transform the business world and boost the software industry that’s selling it. But as companies spend more money on chatbots and other conversational AI (see related chart), some say they plan to reduce spending on other types of software, such as expensive enterprise applications and non-AI cloud services. That could limit the upside from AI for providers of cloud services and enterprise software. Take C1,... Read more ›
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Amazon expects to boost capital expenditures in 2025, exceeding this year’s spending of roughly $75 billion, driven primarily by new infrastructure to support the company’s artificial intelligence and cloud business, executives said Thursday. The company reported a record $22.6 billion in ... Read more ›
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After competing on “MasterChef” in 2019, Nick DiGiovanni started posting videos on YouTube, including an elaborate dessert he planned if he’d made it to the finale, and on TikTok where he started going viral for making mini gourmet meals for his pet hamster, Pesto. Now 28, he turned that TV appearance and initial momentum on social media into a full-time career as a creator. While he makes most of his... Read more ›
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Donald Trump used to be TikTok’s biggest threat. But now, four years after he tried to ban the app, he may be TikTok’s last hope for survival. As Americans vote in Tuesday’s election, TikTok’s top executives believe the company would be better off with a Trump presidency than a Harris administration. Trump has come out in opposition to banning TikTok, which under a new law is required if the app... Read more ›
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Will Microsoft, Google and Meta's outsize investments in artificial intelligence produce outsize profits? Perhaps, but shareholders realized this week they'll have to wait longer to find out. September quarter reports from several big tech companies showed that while their business and consumer customers spent more on conversational AI services such as ChatGPT in the third quarter, it's far from going gangbusters. And what growth is being achieved may be offset... Read more ›
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T-Mobile agreed to pay OpenAI roughly $100 million over the next three years as part of a deal to use the startup’s technology, The Information reported on Monday. T-Mobile is paying to use OpenAI’s models to develop a new customer service chatbot that will aim to remember customer-specific data ... Read more ›
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Nothing particularly frightening emerged from the two big tech goliaths that reported September quarterly results tonight, Apple and Amazon. But they offered nothing particularly cheery, either.For both companies, the updates had a mix of good and bad news. Apple, for instance, reported 6% top-line growth for the September quarter, its best quarterly growth number in two years. That was thanks to 5.5% growth in iPhones, twice the improvement of the... Read more ›
14
Most popular sources
Business Insider | 35% 3 |
MacRumors | 9% 4 |
Tech Wire Asia | 9% 3 |
Vox | 9% 7 |
Tom's Hardware | 6% 0 |
View sources » |
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07.11.2024 01:31
Last update: 01:10 EDT.
News rating updated: 08:21.
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