When former Bain Capital Ventures partner Sarah Smith raised a $16 million fund to back early-stage startups earlier this year, she decided to use artificial intelligence to answer a question that venture capitalists say usually comes down to human instinct: Which founders are worth meeting?The Menlo Park, Calif.–based investor developed a screening system using Anthropic’s Claude, which she says she trusts with sensitive information over other models. The system helps... Read more ›
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The most important cryptocurrency bill in history could become law next week, but its immediate effect on everyday Americans will be negligible. Instead, the biggest impact will occur overseas, where it will boost both crypto and the dollar in the global economy. The law will bolster confidence in stablecoins, cryptocurrencies pegged to a traditional asset, generally the U.S. dollar. Individuals and businesses across the world—from Argentina to Turkey—have embraced stablecoins... Read more ›
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Andreessen Horowitz is changing its incorporation from Delaware, where it has been incorporated since its founding in 2009, to Nevada. In a blog post on Wednesday, the firm wrote that the Delaware Court of Chancery has an “unprecedented level of subjectivity into judicial decisions,” while ... Read more ›
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Influencers aren’t just appearing on TV screens, but also increasingly on big screens. On Friday, a new horror film starring digital creators called “Skillhouse” will premiere in some AMC and Regal showhouses.The film follows 10 fictional influencers who are lured into a content house where they have to compete in social media challenges and rack up likes in order to survive. The cast includes Bryce Hall, who rose to early... Read more ›
1
Revolut is attempting to raise $1 billion in a new funding round that would give the UK-based fintech startup a valuation of $65 billion, the Financial Times first reported. Revolut offers free and low-cost banking services, such as accounts and money transfers, through an app. The neobank was ... Read more ›
1
OpenAI’s embrace of Google Cloud servers isn’t stopping it from launching a direct assault on several of Google’s core products. Its next target: Chrome.Reuters on Wednesday reported that OpenAI’s web browser is coming soon. It’s been eight months since we broke the first news about OpenAI’s development of the browser, including its hiring of two early Chrome engineers from Google. If you’re wondering why it takes so long to make... Read more ›
1
Here’s a question: When was the last time anyone paid attention to a company’s annual shareholder meeting? More to the point, perhaps, when was the last time a company’s annual meeting really mattered? The answer to the first one (and maybe the second) is when a company drags its feet scheduling the meeting, as Tesla did—until today. On Wednesday, both The New York Times and The Wall Street Journal reported... Read more ›
0 fresh
Tamar Yehoshua, president of product and technology at AI search startup Glean, recently left that role and is now a part-time advisor to co-founder and CEO Arvind Jain, according to a person close to the company and her updated LinkedIn profile. Yehoshua, who joined Glean in March 2024, ... Read more ›
0
Companies that buy artificial intelligence chatbots for their workers have many options, and some of them have started looking for the cheapest option. That could explain new data from payments startup Ramp, showing a slight dip in the percentage of Ramp customers that spent money on AI products like ChatGPT between May and June, to 42% from 42.5%.Ramp’s more than 30,000 corporate card customers collectively spend billions of dollars annually... Read more ›
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Nvidia briefly crossing the $4 trillion level in market capitalization got all of the headlines this week. The artificial intelligence-driven rally that got it there has wider implications for investors. Nvidia shares jumped over the $4 trillion mark on Wednesday but failed to close above it. ... Read more ›
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Elon Musk’s xAI launched Grok 4, the latest generation of its AI models, intensifying its competition with rivals OpenAI, Google and Anthropic. In an hourlong livestream Wednesday night, Musk said Grok 4 is the “smartest AI in the world” and “smarter than almost all graduate students in all ... Read more ›
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Nvidia CEO Jensen Huang plans to meet senior Chinese government officials in Beijing next week to reassert the company’s commitment to the country, the Financial Times reported, citing people familiar with his plans. Huang is trying to arrange a meeting with Chinese Premier Li Qiang, according ... Read more ›
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Google co-founder Sergey Brin called the United Nations “transparently antisemitic” in an internal message responding to a UN report alleging that Google and other tech firms profited from “the genocide carried out by Israel” in Gaza, The Washington Post reported Wednesday. “With all due ... Read more ›
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Oh, how times have changed! Just two years ago, Elon Musk hired Linda Yaccarino as the CEO of Twitter with a mandate to clean up relationships with advertisers, many of whom were worried about their products showing up next to hate speech. On Wednesday, Yaccarino unexpectedly announced her departure at a time when the merger of X with Musk’s AI startup xAI had essentially downgraded her role to the head... Read more ›
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The Information has launched a chatbot, The Information Deep Research, that allows its subscribers to more easily answer business questions using artificial intelligence. The tool is trained on The Information’s decade-plus of reporting, including its stories, org charts and other proprietary ... Read more ›
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Groq, an Nvidia challenger that develops chips to power large language models, has talked to investors about raising between $300 million to $500 million at a $6 billion post-investment valuation, according to two people with direct knowledge of the fundraising effort. The deal discussions come as the company told investors its revenue will more than quintuple this year. If completed, the deal would double the startup’s post-investment valuation of $2.8... Read more ›
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In an essay that has circulated inside Meta Platforms in recent days, an artificial intelligence researcher leaving the company diagnosed its challenges in AI, describing “a culture of fear” akin to “a metastatic cancer,” The Information reported. “I have yet to meet someone in Meta-GenAI that ... Read more ›
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Everyone is buzzing about Linda Yaccarino stepping down as the CEO of Elon Musk’s X after two years at the helm. During her tenure, she often referenced creators in public remarks and in posts on X. But the company has had a mixed track record when it comes to creator tools and making it a more popular destination for influencers. Read more ›
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Kevin Miller, vice president of global data centers at Amazon Web Services, said Wednesday he plans to leave the company after 17 years, according to a LinkedIn post. In his most recent years at AWS, Miller oversaw the cloud provider’s data center group, including land acquisition, design and ... Read more ›
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Over the past month, Meta Platforms has overhauled its stumbling efforts in artificial intelligence by making a head-spinning series of hires of leaders and researchers from outside the company. But a key question has lingered: Why has Meta struggled so badly in AI that it’s injecting so much fresh blood into the company to lead a turnaround? One outgoing research scientist from Meta’s generative AI group has come up with... Read more ›
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Linda Yaccarino said Wednesday that she’s stepping down as the CEO of X. Yaccarino, a former NBCUniversal executive, joined X two years ago after Elon Musk acquired the social media service formerly known as Twitter. Yaccarino said in her post that the “best is yet to come” for the social media ... Read more ›
1
Cloudflare, which powers many of the world’s most prominent websites, made waves last week by introducing a default setting for new customers that would block bots that artificial intelligence firms such as OpenAI and Anthropic use to scrape sites to train artificial intelligence. What Cloudflare didn’t highlight was that Google’s AI products couldn’t be blocked by the new setting.Google’s bot for collecting data for its Gemini AI models is the... Read more ›
0
After Microsoft announced last week it would cut 9,000 workers, its second major layoffs this year, it told its remaining salespeople to lean on artificial intelligence to be more productive. “We all need to use AI tools,” said Travis Walter, an executive overseeing Microsoft’s sales to small and medium enterprises in the Americas, during a staff meeting on Monday, according to an attendee. Read more ›
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OpenAI has hired four senior engineers from rivals, including Meta Platforms and Elon Musk’s xAI, according to Wired, which cited an internal Slack message from OpenAI cofounder Greg Brockman. A spokesperson for OpenAI did not respond to a request for comment. The moves show that OpenAI is ... Read more ›
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SpaceX is in talks to allow employees and investors to sell shares that would value the company at $400 billion, up from $350 billion in December, reported Bloomberg. The size of the share sale is expected to be $1 billion and value each share at $212, reported The Financial Times. SpaceX is ... Read more ›
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Exciting news on the home front: Today, we launched a powerful new AI chatbot, The Information Deep Research, trained on over a decade of our exclusive reporting on the most important tech companies and people, including our stories, org charts and proprietary data. You can use it to generate reports on the top talent at Nvidia and Meta Platforms, summarize key trends in initial public offerings and to do so... Read more ›
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Alphabet-backed robotaxi company Waymo launched teen accounts for riders in Phoenix on Tuesday. The company said teens aged 14 to 17 in the area will be able to call rides using a Waymo account that is linked to a parent’s or guardian’s account. Parents will receive receipts and be able to track ... Read more ›
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On Monday, I reported how much OpenAI was spending on stock-based compensation. It’s a lot: $4.4 billion last year, or more than five times its stock-based compensation the prior year, amounting to a whopping 119% of revenue. Stock-based compensation expenses typically don’t cut into cash flow until a company goes public, so startup founders and investors don’t spend as much time worrying about these costs. But these expenses can hurt... Read more ›
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Apple on Tuesday announced that its longtime chief operating officer Jeff Williams will be retiring. Sabih Khan, Apple’s senior vice president of operations, will take over the COO job later this month “as part of a long-planned succession,” Apple said in its release. Williams, whom Apple ... Read more ›
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On Sunday, our team scooped that TikTok is planning a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors. The news is generating a lot of buzz—and a lot of questions—among creators, everyday users of the app and TikTok employees and business partners who weren’t aware of the plans and are wondering what comes next. On... Read more ›
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Most popular sources
Eurogamer.net
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20% 14 |
Business Insider
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13% 5 |
Gizmodo
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10% 2 |
The Verge
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9% 0 |
Wired
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8% 0 |
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11.07.2025 04:48
Last update: 04:45 EDT.
News rating updated: 11:42.
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