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Qiming Venture Partners, one of China’s leading venture firms, is planning a major leadership transition, one of the first of a generation of Chinese VC firms to take this step, according to three people with knowledge of the plan.
Nisa Leung and Duane Kuang, two of Qiming’s managing partners, will gradually step back from their roles to let younger partners take center stage, according to the people. The plan comes as Qiming is preparing to start raising a new U.S.-dollar venture fund next year, with a ta
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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В течение последнего года мы запустили несколько продуктов с LLM-решениями на борту. При этом, несмотря на различия в моделях и масштабе, у них, у всех была общая черта — расчет стоимости использования ИИ-фичи на старте расходился с реальностью: иногда — в несколько раз, но, всегда — в сторону увеличения бюджета.Сценарий был примерно таким: стоимость одного активного пользователя в ИИ-ассистенте на момент сметы выглядела отлично, мы закладывали ее в финансовую модель,... Read more ›
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Physical Steam gift cards will no longer be restocked at retail stores, though digital gifting options and existing cards will remain supported. Read more ›
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Sharing my breast cancer treatment online brought attention, income, and community — but recovery created a new identity crisis. Read more ›
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Anthropic says Mythos won't help users build competing AI models. Critics said the move quietly degrades responses and limits competition. Read more ›
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Apple unveiled iOS 27 at WWDC this week, and while the headline-grabbing Siri overhaul has received the most attention, the Lock Screen has picked up several refinements that you may have missed. Some are brand-new additions, while others are tweaks to features Apple introduced in iOS 26, but together they give you more control over how your Lock Screen looks and behaves. Here are five to try if you plan... Read more ›
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Walmart is trying to make its Sparky assistant smarter and more capable for shoppers by collecting more real-world data on how people shop inside its 3,500-plus U.S. superstores. Gathering more in-store information has been a focus for the company since Sparky launched about a year ago, said Hari Vasudev, Walmart’s U.S. chief technology officer, and the retailer plans to expand those efforts. That could include tracking when shoppers talk with... Read more ›
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OpenAI’s Codex—which was once pitched as a coding agent for developers and is now being framed as a more general-purpose agent for knowledge workers—is having a moment, as OpenAI chief revenue officer Denise Dresser put it on Tuesday. As I wrote about in this story from Tuesday, lots of developers are making the switch from Anthropic’s more popular Claude Code tool to Codex, as OpenAI has made its models and... Read more ›
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Employee engagement and satisfaction surveys sound simple: Ask your workers about their experience, and then see what they have to say. But in practice, these survey cycles often turn into months-long marathons, with HR teams sometimes taking weeks to agree on the right questions and then manually combing through messy, unstructured data after the results come in. By using Gemini as both a brainstorming partner and a data assistant, HR... Read more ›
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Google’s parent company Alphabet said on Wednesday that it was increasing the size of its equity raise to $84.75 billion from $80 billion. The bulk of the money—Google’s first time selling new stock since 2005—is earmarked for spending on AI infrastructure and compute, highlighting the cost of ... Read more ›
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Meta Platforms is expanding its AI agent offerings for businesses as part of its broader push to monetize AI products and services. At its Conversations business messaging conference on Wednesday, Meta announced it is bringing Meta Business Agent to Instagram and launching the Meta Business ... Read more ›
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Alphabet’s plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough, given the capital raise’s size and the fact that the company last raised equity 21 years ago, when Gwen Stefani’s “Hollaback Girl” was the song of the summer. But there’s another eye-catching detail in the offering’s fine print that reflects an underappreciated reality of big tech’s AI... Read more ›
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Stripe, Visa, Mastercard and Coinbase are planning to form a consortium to issue a new stablecoin, according to people familiar with the matter, seeking to challenge the dominance of Circle and Tether, the two biggest issuers that make up 80% of market share currently. The new stablecoin will be ... Read more ›
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Nvidia has bought Kumo AI, a five-year-old startup that sells predictive AI software to enterprises, for more than $400 million, said a person with knowledge of the deal. The acquisition, first revealed by an Nvidia executive in a LinkedIn post on Tuesday, should expand Nvidia’s roster of AI models that can be optimized for Nvidia hardware and offered to enterprises for further customization. Read more ›
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Meta Platforms is considering charging up to $200 a month for its planned consumer version of the OpenClaw AI agent tool, according to internal documents, an ambitious target that would rival top tier offerings from established AI giants. The product, currently called Hatch, could launch with tiered pricing including the $199.99 premium subscription that would include higher usage limits, according to the documents reviewed by The Information and a person... Read more ›
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Broadcom reported 48% higher revenue for its second fiscal quarter, ended May 3, as its AI chip revenue jumped 143% to $10.8 billion. Overall revenue of $22.187 billion was roughly in line with the company’s projection issued in early March. Broadcom has benefited from growing efforts by ... Read more ›
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10.06.2026 09:48
Last update: 09:40 EDT.
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