There’s no doubt now that the tech companies driving AI will have to help produce the new electricity needed to power it. The White House and several governors sought Friday to force them to build more plants.That’s why Google’s $4.75 billion deal in December for Intersect, a developer of renewables and data center infrastructure, is so significant. Google has already been working with partners like Intersect to produce its own... Read more ›
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OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday that the company’s annualized revenue has grown at approximately the same rate as its consumption of computational resources. Friar said that OpenAI’s compute has tripled year over year—from 0.2 gigawatts in 2023 to 0.6 ... Read more ›
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Google’s improvements to its Gemini AI models are boosting the company’s top line. Over the past year, Google’s business selling access to its Gemini AI models has skyrocketed, reflecting the improving quality of those models, according to three people with knowledge of Gemini’s sales. That’s likely to lift revenue from Google Cloud’s core business of server sales, as money customers spend on AI tends to lead to additional spending on... Read more ›
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Sequoia Capital is set to make a significant first-time investment in the AI start-up Anthropic as part of a major funding round expected to raise $25 billion or more, The Financial Times reported. Anthropic is seeking a valuation of $350 billion as part of the effort, more than double its ... Read more ›
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An exodus of staffers from Thinking Machines Lab this week has rattled some investors in the AI startup led by Mira Murati. The Information reported that Murati and other Thinking Machines employees were caught off guard earlier this week when two senior researchers at the startup, Luke Metz and ... Read more ›
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Meta Platforms’ job cuts at its Reality Labs division this past week, where it let go about 10% of the unit, were the first of what could be another wave of layoffs at big tech companies this year. But that doesn’t mean big tech workforces are going to shrink much, if at all. If history is any guide, future layoffs will only result in temporary reductions in the workforces of... Read more ›
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Figure AI, the humanoid robotics startup, responded to a lawsuit from its former head of product safety Rob Gruendel and countersued Gruendel, according to court filings made public on Friday. Figure alleged in a filing that Gruendel violated trade secret law and company policy by saving company ... Read more ›
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If Elon Musk wins his breach of charitable trust lawsuit against OpenAI, the company should have to give up between $65.50 billion and $109.43 billion to Musk, lawyers for the billionaire argued in a court filing Friday. Microsoft, which Musk alleges aided and abetted OpenAI’s breach of ... Read more ›
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The timing couldn’t have been more awkward for Thinking Machines Lab. On Wednesday, during an all-hands meeting at the AI startup, its CEO, Mira Murati, announced that she had fired one of Thinking Machines’ co-founders, its Chief Technology Officer Barret Zoph, for poor performance and speaking with competitors, according to a person familiar with the matter. During the meeting, two more Thinking Machines researchers, Luke Metz and Sam Schoenholz, dropped... Read more ›
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Clickhouse, a database management startup competing with Snowflake and Databricks, said Friday it had raised $400 million in a financing led by Dragoneer Investment Group. The round values the startup at $15 billion including the new investment, a spokesperson said. That’s more than double the ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Why “cracked engineers” are hot items in Silicon Valley• The Top 5: The best LinkedIn ghostwriters • Plus, Recommendations—our weekly pop culture picks: “A Whole Other Country,” “The Boys From Brazil” and “Industry”Thanks to AI, Silicon Valley has enjoyed an absolutely wild past couple of years. I’ve written words and phrases like “revolution,” “mania” and “unconscionable amount of money” into countless stories.... Read more ›
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Today’s Silicon Valley elite have no shortage of ways to command attention. They might author a Substack, launch a podcast—or station themselves directly within the mecca of business think-fluencing: LinkedIn. As LinkedIn has evolved from its origin as a humble repository of digital résumés, nearly a third of American adults say they use the Microsoft-owned social network, according to Pew Research from November, making it a more popular destination than... Read more ›
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Mira Murati, the chief executive of Thinking Machines Lab, told employees that the startup’s cofounder and then-CTO Barret Zoph lied about his relationship with another person leading up to his firing, according to a person with direct knowledge of the comments in a Wednesday allhands. ... Read more ›
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Motive Technologies, a seller of AI-powered dashcams to trucking companies, is delaying the marketing of its initial public offering, which was supposed to begin on Monday, three people close to the company said. It could delay its roadshow another week, two of the people said. They didn’t describe the exact reasons, but one person called it a “technical issue” rather than a case of Motive pulling the offering for good.... Read more ›
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Talk about taking control of the narrative. OpenAI’s announcements today that it would start testing ads in ChatGPT, and that it would also introduce an $8 a month tier of service called ChatGPT Go in the U.S., gives the AI company something positive to talk to investors about as it tries to raise a gargantuan amount of money (up to $100 billion at a valuation of $750 billion at last... Read more ›
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The White House and a bipartisan group of governors called on the largest U.S. electrical grid operator to hold an emergency auction for tech companies to buy power for data centers in the Mid-Atlantic region. U.S. energy officials asked PJM Interconnection to hold an auction for 15-year power ... Read more ›
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OpenAI said Friday it will begin testing ads in ChatGPT in the coming weeks. The ads will show up for nonpaying users as well as for users of ChatGPT Go, priced at $8 per month. U.S. users will now have access to ChatGPT Go, a low-cost subscription tier first launched in India and now available ... Read more ›
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In November, a young robotics startup called Gradient began interviewing applicants for an engineering internship at the Palo Alto, Calif.–based company. But after talking to a half-dozen of them, the startup decided to ditch its plan to add interns. Why exactly? “Not worth our time,” said J.X. Mo, 23, Gradient’s co-founder. While some of the applicants had seemed promising, “none of them would be cracked enough for us to hire... Read more ›
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DoorDash chief revenue officer Lee Brown is departing, just a few months after joining, Bloomberg reported on Friday. Brown had joined DoorDash last summer after nearly six years at Spotify, where he was the global head of advertising. At DoorDash, Brown dealt with business development and ... Read more ›
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Initial public offering listings rebounded last year, though their performance—and a government shutdown—held back some startups’ plans. Now investors are gearing up for a blockbuster IPO year, thanks to an expected listing of SpaceX as well as a smattering of older startups, such as Discord and Strava, that are finally making concrete steps to go public. At least eight U.S. venture-backed startups have filed prospectuses, begun talking to bankers about... Read more ›
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Kuaishou Technology, which competes with ByteDance in China, on Friday announced a bond sale of $2 billion, in a move that could enable it to ramp up its AI investments. Hong Kong-listed Kuaishou is issuing $1.5 billion in U.S.-dollar denominated notes and about $500 million in offshore yuan ... Read more ›
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Investors who own shares of Bitmine, which last year turned itself into a holding company for ether tokens, woke up to some surprising news today. Bitmine is investing $200 million in Beast Industries, the company of MrBeast, the No.1 YouTuber. He’s known for making viral videos, not for his interest in ether. The investment is what you might call Bitmine’s latest pivot. Originally founded as a bitcoin miner, Bitmine decided... Read more ›
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What do you get when you offset investors’ recent loathing of software startups with their lust for defense tech? Fast-growing Onebrief, the latest startup to double its valuation in a short span after raising $200 million this week from Battery Ventures and Sapphire Ventures at a $2.15 billion valuation, including the new investment.Onebrief isn’t building autonomous drones, hypersonic missiles or solid rocket motors. It’s selling collaboration software for military command... Read more ›
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Lia Guy and Ian O’Connell, members of technical staff at Thinking Machines Lab, which is led by former OpenAI Chief Technology Officer Mira Murati, are departing the company, according to a person with knowledge of the departures. Guy, who focuses on AI model research, will be returning to ... Read more ›
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The AI business continues to create and shift alliances between almost every leading tech firm. Companies may be incentivized to work together to fill each other’s AI or capital needs even as they compete more fiercely for consumer or enterprise dollars.That’s what’s happening with Microsoft and Anthropic. The two firms have recently become fast friends, with Microsoft on track to spend more than $500 million annually on Anthropic models to... Read more ›
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Most popular sources
Business Insider
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29% 8 |
Tom's Hardware
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7% 11 |
Gizmodo
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7% 1 |
Mashable
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6% 2 |
The Verge
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6% 3 |
| View sources » | |
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19.01.2026 15:27
Last update: 15:21 EDT.
News rating updated: 22:20.
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