Together AI, one of several up-and-coming cloud providers renting out Nvidia chip servers to AI developers, is in talks with investors to raise around $1 billion in funding at a $7.5 billion valuation before the investment, according to two people with knowledge of the fundraise. The funding would more than double its valuation from a year ago and could boost Nvidia’s efforts to diversify its base of customers as investors... Read more ›
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Shares of companies including Booking.com and Expedia rose nearly 8.5% and 13%, respectively, on Thursday, following a report from The Information that OpenAI would abandon plans to sell goods directly in ChatGPT in favor of putting checkouts inside apps that plug in to ChatGPT. The change ... Read more ›
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Some U.S. officials are drafting rules requiring companies and other governments to seek Commerce Department approval to buy AI chips that end up outside the U.S., according to a U.S. official briefed about it. The rules, earlier reported by Bloomberg, aren’t finalized and could ... Read more ›
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The Defense Department has officially told Anthropic that the artificial intelligence company and its products “are deemed a supply chain risk, effective immediately,” according to a senior defense official. The declaration follows an announcement on social media last Friday by Defense Secretary ... Read more ›
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Last week, my colleague Qianer tested an AI agent inside Alibaba’s Qwen app, which resembles ChatGPT. She asked to get a ticket to see Pegasus 3, a comedy film about a race car driver that has been topping the Chinese box office. The agent found the nearest theater showing the movie and recommended seats and screening times for later in the day. Liu then authorized the booking. As OpenAI, Google... Read more ›
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Oracle is planning to cut thousands of employees as soon as this month, according to a Bloomberg report, which said the cuts will be “wider-reaching” than the firm’s typical rolling reductions. Some of the job cuts will impact people who work in roles the firm expects it will no longer need due ... Read more ›
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Weapons maker Anduril expects to roughly double revenue this year to about $4.3 billion, while its operating loss would rise by nearly half to $1.2 billion, according to confidential financial figures shared with prospective investors. The privately held company is raising $4 billion, valuing it at about $60 billion, in a deal led by existing investors Andreessen Horowitz and Thrive Capital. The new capital would help offset substantial operating losses... Read more ›
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Wow, what a day of news! In case you missed it (which would have been difficult), we broke a number of stories yesterday regarding OpenAI and Anthropic. Most memorable was this piece about the fiery, 1,600-word memo Anthropic CEO Dario Amodei penned to staff last Friday criticizing the OpenAI-Pentagon deal. (You can check out the full memo here for some of the fun phrases Amodei uses.) Though the memo garnered... Read more ›
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Chinese tech heavyweights including Alibaba Group, ByteDance and Tencent Holdings are turning to domestic chipmakers to ease the pain from a deepening global shortage of memory chips, according to four people with direct knowledge of the matter. The three companies are in talks to buy more standard memory chips—known as DRAM, or dynamic random-access memory, and NAND flash, which stores data long-term—from two Chinese companies to keep their data centers... Read more ›
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Shares of chip designer Broadcom were trading up 6% in pre-market trading on Thursday, in the wake of the company’s bullish January quarter earnings. Broadcom reported 29% revenue growth but, importantly, 106% expansion in revenue from its fast-expanding AI chip business. Broadcom helps ... Read more ›
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Crypto exchange Kraken said it became the first crypto firm to gain direct access to the Federal Reserve’s core payments system, a privilege typically reserved only for banks, allowing it to move money for clients without relying on a bank. The approval signals the Federal Reserve’s willingness ... Read more ›
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A Florida father is suing Google after his son died by suicide after Google’s Gemini chatbot allegedly encouraged him to do so, according to a complaint filed on Wednesday in federal court in California. The complaint alleged that Gemini encouraged Jonathan Gavelas, 36, to stage a “catastrophic ... Read more ›
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OpenAI has held early talks to partner with The Trade Desk, a publicly traded ad tech company, to help the ChatGPT maker sell ads, according to three people with knowledge of the matter. The talks indicate that OpenAI, which launched ads in ChatGPT in early February, will initially lean on external partners to help it sell ads and quickly ramp up its business. For instance, The Trade Desk offers an... Read more ›
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Anthropic CEO Dario Amodei sent a 1,600-word memo to employees Friday as OpenAI announced a deal to provide AI to the Pentagon. The OpenAI move came hours after the Pentagon said it would sever ties with Anthropic over the company’s safety requirements. In the strongly worded memo, Amodei heavily criticized OpenAI’s actions and the initial deal it announced with the Pentagon. Below is Amodei’s memo, which has been edited to... Read more ›
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Embo, an AI startup co-founded by former Google DeepMind research scientists, is in talks to raise a seed round of more than $100 million led by Andreessen Horowitz, according to a person with direct knowledge of the matter. The startup’s founders, Danijar Hafner and Wilson Yan, are developing ... Read more ›
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Anthropic CEO Dario Amodei on Friday told employees that a deal OpenAI and its CEO Sam Altman struck to provide AI to the Department of Defense was “safety theater,” adding that the Trump Administration didn’t like Anthropic in part because the company hadn’t “given dictator-style praise to Trump.” Amodei made the comments in a 1,600-word message to more than 2,000 employees the same day the Pentagon said it planned to... Read more ›
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Deutsche Telekom, which announced a deal this week to bring SpaceX’s Starlink Mobile to Europe, is also open to working with other direct-to-cell service providers if they can offer competitive service, the company’s CEO told The Information this week. However, Deutsche Telekom CEO Timotheus ... Read more ›
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Apple announced a low-priced laptop on Wednesday, the MacBook Neo, which starts at $599. Instead of using Apple’s M-series Mac chips, the Neo is powered by the company’s slightly older A18 Pro chip found in the iPhone 16 Pro, released in 2024. This is the first time Apple has released a laptop ... Read more ›
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Nvidia CEO Jensen Huang said Wednesday his firm’s plan, announced last September, to invest up to $100 billion into OpenAI is “probably not in the cards” anymore, citing the fact that OpenAI is “going to go public.” Huang was speaking at the Morgan Stanley Technology, Media and Telecom ... Read more ›
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Major technology companies are expected to join President Trump at the White House Wednesday to vow that their data centers won’t increase electricity prices for Americans, according to a White House official. Google, Microsoft, Meta, Oracle, xAI, OpenAI, and Amazon are expected to attend and ... Read more ›
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SpaceX staffers have been out in force this week at Mobile World Congress in Barcelona to pitch its Starlink satellite internet and cell services to the thousands of telecom executives and regulators assembled here. But in my conversations at an event overshadowed by a new war in the Middle East, many attendees expressed concerns about tying their companies too closely to SpaceX CEO Elon Musk, even though Starlink’s technology impressed... Read more ›
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Not long ago, I spent a weekend writing code with Claude, Anthropic’s AI assistant. I’ve been programming for more than 20 years. I was one of the first engineers at Facebook, where I built the original search engine. I went on to become chief technology officer of Dropbox, where I scaled the engineering team from 25 people to a thousand. Code has been the foundation of my career, the craft... Read more ›
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This may be the moment of maximum AI uncertainty. That means some things will get clearer in the coming months—not necessarily better, just clearer. There are three specific points of uncertainty right now:AI developers have raised a ton of money recently, led by OpenAI’s $110 billion haul, which we broke news on and explained. Coming soon is the expected SpaceX, xAI and X combined initial public offering. The uncertainty is:... Read more ›
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OpenAI’s next GPT model is coming—and soon, according to a person with knowledge of it.Among the highlights, the new model, GPT-5.4, will have more than double the context window of the current GPT-5.2 model. That means the model can handle queries with many more words or data, up to 1 million tokens compared to 400,000 tokens today, the person with knowledge said. (As a reminder, a token is a word... Read more ›
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OpenClaw mania has swept across China. Last month, at a five-day online hackathon organized by a Hangzhou-based AI startup, one contestant developed the equivalent of Tinder for AI agents seeking love interests on behalf of their human owners. Another created a recruiting site where job seekers’ AI agents talk to employers’ AI agents. A third created a gamelike app where the users’ AI alter egos travel virtually around the world,... Read more ›
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The Trump administration is debating whether to allow Chinese tech giant Tencent Holdings to continue owning its stakes in major videogame companies such as Epic Games, Riot Games and Supercell, The Financial Times reported. Top White House officials have discussed whether the Chinese company’s ... Read more ›
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A key architect of Alibaba Group’s highly regarded Qwen open-source AI models said Wednesday that he is stepping down from his role, in a seemingly abrupt departure that surprised many in the industry. Junyang Lin, the Qwen team’s tech lead, said in a post on the X social media site: “Me ... Read more ›
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OpenAI is developing an internal alternative to GitHub, Microsoft’s popular code repository that allows software engineers to store, share and collaborate on computer code, The Information reported on Tuesday. The move comes after OpenAI engineers experienced an increasing number of GitHub ... Read more ›
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Anthropic CEO Dario Amodei on Tuesday touted the company’s ability to fend off its competitors from recruiting its staff and stressed the company’s interest in expanding areas like healthcare through partnerships. Amodei told attendees at an investment conference put on by Morgan Stanley in San ... Read more ›
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Let’s take a moment to reflect on the benefits of share buybacks. That might sound like a wonky concept, but it’s important. Buybacks shrink the number of shares outstanding, raising the value of the stock that remains. Lately, as AI worries have battered tech stocks, several companies have unveiled expanded buybacks. The latest example is Pinterest, which revealed Tuesday that longtime shareholder Elliott Management had agreed to invest an additional... Read more ›
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05.03.2026 19:03
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