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Some recent fundraisings, including for video generator Synthesia, have suggested valuations for AI startups are coming down to earth. But at 30 times next year’s revenue, you wouldn’t exactly call these deals cheap. You could, however, use that description for the startups that provide computing resources to AI developers.Take Lambda, a 12-year-old startup that rents out Nvidia chips to AI developers via its cloud service and on-premise servers. It has told investors it expects to generate $400 million in.
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The Information
How to watch World Cup qualifiers for free. Live stream Cameroon vs. DR Congo in World Cup qualifiers for free. Read more ›
646 fresh
Morgan Freeman said he sometimes thinks about retiring, but when his agent calls with a new offer, "the whole thing just boils back into where it was yesterday." Read more ›
435 fresh
It's Valve time. The Bellevue-based firm is making three hardware announcements today, including a new Steam Machine mini PC that it claims is more than six times as powerful as the Steam Deck, a revised Steam Controller with more mainstream appeal, and the Steam Frame, a new standalone VR headset that marks the debut of SteamOS on ARM mobile chips. All three are due to arrive in early 2026. Read... Read more ›
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Congress voted to reopen the government, setting up an end to the longest government shutdown in US history. Read more ›
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The provision, tucked into the spending bill that could end the US government shutdown, would ban intoxicating hemp-derived THC products, including gummies and drinks. Read more ›
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Valve has made a trio of hardware announcements today, including a standalone VR headset with unique tech for streaming games called Frame, a revised and more mainstream Steam Controller, and even a revival of the old Steam Machine concept: a tiny gaming PC that brings your Steam game library to your living room. Read more Read more ›
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The longest shutdown in US history ended Wednesday, but it could take time for airports, benefit programs, and federal workers' finances to recover. Read more ›
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Target Black Friday Ad. Browse the best deals from Target's Black Friday sale in 2025. Read more ›
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Valve is about to challenge the Xbox and PlayStation on their home turf. Ten years to the month after Valve's original Steam Machines went on sale, the company is announcing… the Steam Machine. I flew to Valve's headquarters to try the company's new PC-based game console, alongside a brand-new Steam Controller and the new Steam […] Read more ›
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The US Treasury Department said the two firms are fronts used by Iranian agents to supply HESA, the firm that makes the Shahed and Ababil drones. Read more ›
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The Department of Homeland Security collected data on Chicago residents accused of gang ties to test if police files could feed an FBI watchlist. Months passed before anyone noticed it wasn’t deleted. Read more ›
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NY Attorney General Letitia James joined a Condé Nast union rally, protesting recent firings that followed a staff confrontation with HR. Read more ›
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Treasury Secretary Bessent's comments came after President Donald Trump said he would lower some tariffs. Read more ›
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The rumored MMO set in Sony’s post-apocalyptic Horizon universe is real — and we’ve seen a video spilling details about the game before it’s been announced. The new game is called Horizon Steel Frontiers, and Sony and the Korean video game company NCSoft are working on it together. Based on a more than 10-minute video […] Read more ›
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Google will allow 'experienced users' to install Android apps made by unverified developers. Read more ›
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Find great deals and promo codes for Visible at WIRED and save big, whether you're a long-time customer or a newbie. Read more ›
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The new tab in the Google app allows users to discover, share, save, and search images of their interest. Read more ›
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You can reportedly sideload APKs on Valve's new headset, but it turns out Steam will accept Android games too. Read more ›
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The government minted the final one-cent coin in Philadelphia, though billions remain in circulation. Read more ›
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The Information
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 Anthropic’s Claude Sonnet model. (M2 costs $1.20... Read more ›
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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 facility’s 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 ›
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OpenAI CEO Sam Altman said he doesn’t want the government to bail them out if the company fails. “If we screw up and can’t fix it, we should fail, and other companies will continue on doing good work and servicing customers,” Altman said in an X post on Thursday. Altman also said that OpenAI ... Read more ›
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I’ve been hearing a lot about how intense competition is for Series A investments lately. Investors that typically look to invest in more mature startups, say at the Series B or above rounds, are crowding into Series A rounds for fear of missing the next major winner.Like much else these days, artificial intelligence gets the credit (or blame) for this new dynamic. Venture capitalists are watching revenues triple or quadruple... Read more ›
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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 consumers’ main ... Read more ›
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We’ve finally learned the result of a controversial, long-awaited vote that’s generated reams of punditry and put Wall Street on edge. No, I’m not talking about the mayoral election in New York City—I’m talking about the Tesla shareholder vote on Elon Musk’s gigantic compensation package. Musk won with over 75% of the vote, Tesla said at its annual meeting at the company’s Gigafactory in Texas on Thursday. The package will... Read more ›
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The White House has told others in the federal government it won’t allow Nvidia to sell its latest scaled-down AI chips to China, despite President Donald Trump’s hints over the summer that he might allow the company to do so, according to three people with knowledge of the matter. The decision is a major blow to the AI chip giant, which has seen its revenue from China shrivel this year... Read more ›
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Before Sequoia Capital’s 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 ›
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Blue Owl Capital, one of Wall Street’s biggest private lenders, is ramping up its big bet on artificial intelligence with a roughly $3 billion investment in a New Mexico data center that’s part of OpenAI’s 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 ›
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Two longtime vehicle manufacturing leaders at Tesla said separately on Sunday that they’re 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 ›
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Most popular sources
Business Insider
|
22% 4 |
Eurogamer.net
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13% 8 |
The Verge
|
9% 5 |
Tom's Hardware
|
6% 1 |
Android Authority
|
6% 0 |
| View sources » | |
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13.11.2025 02:16
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