Shares in Qualcomm soared more than 12% after the semiconductor company said it would make artificial-intelligence chips and struck a deal to provide them to Saudi Arabia’s Humain. The announcement on Monday, the first day of Saudi Arabia’s annual Future Investment Initiative conference, made ... Read more ›
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Amazon is preparing to cut as many as 30,000 corporate jobs beginning this week, Reuters reported Monday. The cuts are meant to help compensate for overhiring during the pandemic and to cut expenses, the report said. An Amazon spokesperson didn’t immediately respond to a request for comment. The ... Read more ›
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As artificial intelligence models improve, the companies developing them are seeking more sophisticated ways to measure how good they are at a wide range of tasks. As a result, they are developing internal benchmarks to test models’ capabilities, rather than relying on publicly available tests.Cognition, which has created the Devin coding agent, is one of the startups that’s developed internal benchmarks. Its tests for agentic coding capabilities measure an AI... Read more ›
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Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the private markets, with small investors on the secondary market willing to pay nearly... Read more ›
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Chinese artificial intelligence startup MiniMax launched a new open-source large language model on Monday whose performance is ranked the highest among such models on some leaderboards. The new model, M2, is particularly suitable for AI agents and coding, according to the company. On the AI ... Read more ›
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Andreessen Horowitz general partner Anjney Midha is launching AMP, a new venture to provide “compute and capital to frontier AI teams.” Midha, The Information reported. Midha, who previously helped Andreessen startups access Nvidia GPUs, will remain a part-time venture partner, retaining board ... Read more ›
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OpenAI is developing artificial intelligence to allow people to generate music using text and audio prompts, The Information reported. The startup is collaborating with Juilliard School students to annotate music scores, which can be used as training data for the music generating tool. The ... Read more ›
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SoftBank is set to complete its $30 billion investment in OpenAI, after its board approved a $22.5 billion second installment on the deal, The Information reported. The remainder of its investment is contingent on OpenAI’s corporate restructuring, which would pave the way for a public offering ... Read more ›
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Artificial intelligence chip startup SambaNova Systems is exploring a sale after it was unable to complete a fundraising round, The Information reported. The Palo Alto, Calif., company, last valued at $5 billion in 2021, has faced sales growth challenges against competitors like Nvidia. As a ... Read more ›
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Google is investigating a security breach involving a contractor who took nearly 2,000 screenshots and sensitive internal files related to the Google Play store, The Information reported. The contractor, working in the Philippines for Accenture, sent the images to an unidentified outsider via ... Read more ›
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This is our first of what we plan to be a regular Sunday evening Briefing, looking out at the coming week. And what a week this promises to be. Nvidia is holding one of its GTC events for developers and customers in Washington Monday through Wednesday—which leather jacket will Jensen Huang wear onstage this time? (For more on GTC, see below.) We’ve also got a flood of earnings reports. Meta... Read more ›
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Treasury Secretary Scott Bessent said Sunday that President Donald Trump and China’s leader, Xi Jinping, could this week “consummate” a long-anticipated deal to keep TikTok operating in the U.S., as the leaders prepare to meet Thursday in South Korea. President Trump recently ... Read more ›
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Vinod Khosla thinks companies which say they’re struggling to get a return on their spending on artificial-intelligence services may be doing it wrong. In an interview with The Information’s TITV this past week, he said “most enterprises who are executing AI are doing it with their people who are not qualified to execute.” In contrast, when businesses hire an AI specialist firm to help them, “it goes swimmingly well.” Khosla... Read more ›
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Netflix’s quarterly earnings reports have lately lacked the drama that once made the updates a must-watch for investors and reporters. For the past eight quarters, the video streamer has routinely posted quarterly revenue growth averaging around 15%—hardly hypergrowth but a big improvement on the 2% to 4% growth rate it recorded between late 2022 and late 2023. Nowadays the results are so predictable that it would be easy to tune... Read more ›
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SoftBank has taken the next step to complete its gargantuan $30 billion investment in OpenAI. The Japanese conglomerate’s board has approved a second installment of $22.5 billion on that investment, as long as the artificial intelligence startup completes a corporate restructuring that would pay the way for an eventual public offering, according to a person with knowledge of the decision. The approval signals SoftBank’s expectation that OpenAI will succeed in... Read more ›
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Google is investigating a breach of its security systems involving a contractor who took almost 2,000 screenshots and sensitive internal files, including information related to Google’s Play store systems and guardrails, according to a person with knowledge of the situation. The contractor sent the images to an unidentified outsider, the person said. The screenshots and documents the contractor had copied included software code, information on certain developer accounts and information... Read more ›
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Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to complete a fundraising round, according to people with direct knowledge of the matter. The Palo Alto, Calif., startup was last valued at $5 billion in 2021. SambaNova and other AI chip startups have had difficulty growing sales in the face of giant competitors like Nvidia. Read more ›
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Welcome, Weekenders!Quickly, a programming note: The Briefing, the newsletter written by my colleague Martin Peers, is shifting to an altered schedule, and starting tomorrow, it’ll appear Sunday through Thursday. Martin on a Sunday evening—what a treat! Among other topics, he’ll be applying his inimitable powers of explanation to previewing tech’s week ahead.Now, in this newsletter:• The Big Read: Inside the Meta-fication of OpenAI• The Arena: Sports’ gambling habit will be... Read more ›
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The 2025–26 NBA season kicked off this week with loads to get excited about: new broadcasts from NBC’s Peacock and Amazon Prime Video, a blockbuster double-overtime opening matchup between the Oklahoma City Thunder and Houston Rockets, and a career-defining 40-point game by rising star Victor Wembanyama of the San Antonio Spurs. But all of that was overshadowed in the wee hours of Thursday morning, as FBI agents around the country... Read more ›
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OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from “Lord of the Rings” but with Gen Z characters, or Pokémon’s Pikachu as “The Godfather.” Now the company has set its sights on doing the same thing with music. OpenAI staff have been taking steps to develop AI that generates music, according to a person with knowledge of the work. For instance,... Read more ›
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09.05.2026 16:11
Last update: 16:05 EDT.
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