Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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Microsoft said Wednesday that its revenue grew 13% in the three months ending in March, a slightly faster rate than the quarter prior. Meanwhile, its revenue in its Azure cloud computing unit grew 33%, slightly higher than the growth the company had forecasted, reversing a slight slowdown in ... Read more ›
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Visa unveiled new tools to facilitate purchases made by artificial intelligence agents Wednesday, following a similar announcement by rival Mastercard earlier this week. Visa will create tokenized cards agents can use for purchases, to encrypt sensitive information like card numbers and ... Read more ›
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Meta Platforms planned to release a reasoning version of its flagship large language model Llama 4 earlier this month, and then pushed back its release date, The Information reported. Some developers expected Meta to release such a model at its inaugural LlamaCon developer conference on Tuesday. ... Read more ›
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Google CEO Sundar Pichai and Apple CEO Tim Cook had at least a “couple” of phone calls last year where Pichai made the case for Apple integrating Google’s Gemini AI chatbot app into iPhones, Pichai testified in court on Wednesday. Cook wanted to understand Google’s AI roadmap, Pichai testified, ... Read more ›
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Meta Platforms kicked off its first-ever LlamaCon, a conference for AI developers, on Tuesday, unveiling a fleet of new products. They included a standalone smartphone app for its Meta AI assistant and a preview of an application programming interface for developers to access its large language model Llama. The releases put Meta on par with its competitors, but the question remains: What took so long?After all, Meta had been working... Read more ›
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Nvidia and cloud providers such as Oracle are rushing to ship chips and servers to data centers outside the U.S., ahead of a mid-May deadline when a controversial new regulation is scheduled to take effect that will cap their abilities to add new computing capacity in other countries. Oracle, for example, has taken the unusual move of asking some of its suppliers to ship incomplete products out of the U.S.... Read more ›
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In January, three police officers arrived at a warehouse in central Connecticut run by a company called UniUni, a logistics startup that handles millions of packages each week for mostly China-founded e-commerce clients like Temu, Shein and TikTok Shop. Inside, they found piles of cardboard boxes and plastic mailing bags in the brightly lit main room of the warehouse—everything you’d expect to see at one of the hubs that serve... Read more ›
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Waymo and Toyota are exploring a partnership to develop an autonomous vehicle platform for personally owned vehicles, Waymo said Tuesday. The automaker’s mobility technology subsidiary, Woven by Toyota, may join the potential partnership. Tekedra Mawakana, co-CEO at Waymo, said the partnership ... Read more ›
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The end of the Temu-Shein era of cheap prices may be hurting digital ad firms just as much as bargain shoppers. Snap on Tuesday said the Trump administration’s closure of the duty-free import loophole—which allowed Temu and Shein to ship cheap stuff from China without paying duties—was affecting its ad business. Google forecast a similar impact from the changes last week. Meta Platforms, which got a big lift from an... Read more ›
0
Snap is one of the first social media companies to report results, giving investors an early feel for how these advertising-supported businesses are faring. If it’s any guide, the future view was glum, overshadowing gains the company has made with video and subscriptions. The Snapchat parent company said Tuesday it couldn’t provide financial guidance for the second quarter due to uncertain “macro economic conditions” which could hurt demand for advertising.... Read more ›
0
My ears perked up Monday when I heard the words “unparalleled capital implosion.” That came from venture capitalist Eric Vishria, who unspooled some of his anxieties about the current artificial intelligence funding boom at our “Financing the AI Revolution” conference. For more than a decade, Vishria has helped VC firm Benchmark navigate the latest tech booms and busts. He drew a contrast between the funding boom for AI and the... Read more ›
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A senior Google cybersecurity executive testified on Tuesday that forcing Google to share data or spin off its Chrome browser, as the Department of Justice has proposed as the remedies for Google’s illegal search monopoly, would jeopardize user security on those products. Google is seeking a ... Read more ›
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Snap revenue rose 14% to $1.36 billion during the first three months of the year, but the company said it couldn’t provide financial guidance for the second quarter due to uncertain “macro economic conditions” which could hurt demand for advertising. “While our topline revenue has continued to ... Read more ›
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It’s common nowadays for founders of hot startups to hold special shares that give them more voting power than most investors. But Mira Murati, a former OpenAI chief technology officer who is now a founder and the CEO of artificial intelligence startup Thinking Machines Lab, may exert an unusual level of control even by those standards. Murati has told potential investors the startup is close to raising $2 billion, at... Read more ›
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Thrive Capital announced a new vehicle called Thrive Holdings, aimed at “investing in, acquiring, and operating businesses for the long term,” said the New York venture firm’s founder Joshua Kushner in an X post. The investment vehicle is aimed at starting and acquiring companies that could gain ... Read more ›
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United Parcel Service plans to cut about 20,000 jobs and close 73 facilities as the U.S. delivery firm handles fewer packages for Amazon, the company said Tuesday. The cuts, which represent about 4% of UPS’s workforce, are part of a plan to respond to “lower volumes from our largest customer,” ... Read more ›
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Snowflake and other enterprise software firms whose success predates the rise of ChatGPT are trying to recast themselves as artificial intelligence companies. They’ll have to persuade corporate customers to choose their offerings in what has become a very crowded field. The pressure is particularly acute for Snowflake CEO Sridhar Ramaswamy, who took the reins of the data analytics firm just over a year ago to turbocharge its AI efforts. To... Read more ›
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Meta Platforms announced an application programming interface for developers to access and use its large language model Llama at its LlamaCon developer conference on Thursday. The Information previously reported that Meta was working on a business API. Llama API could help Meta more effectively ... Read more ›
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Businesses looking to expand their internal use of artificial intelligence from a select few testers to a large number of workers are hypersensitive to increased costs. Over the last couple of years, that has meant many of their AI projects have never made it out of the pilot phase.Veolia, a 220,000-person provider of water treatment, waste management and energy services, seems to have found a middle ground. While the company,... Read more ›
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Mastercard announced on Tuesday a set of tools to make it easier for artificial intelligence agents to handle card payments and make purchases on behalf of users, a move that comes as AI companies tout online shopping as a key area where agents can automate tasks. The initiative, Mastercard ... Read more ›
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09.11.2025 09:52
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