Mira Murati, the chief executive of Thinking Machines Lab, told employees that the startupâs 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 âș
2
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 didnât describe the exact reasons, but one person called it a âtechnical issueâ rather than a case of Motive pulling the offering for good.... Read more âș
49
Talk about taking control of the narrative. OpenAIâs 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 âș
0
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 âș
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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 âș
2
In November, a young robotics startup called Gradient began interviewing applicants for an engineering internship at the Palo Alto, Calif.âbased company. But after talking to a half-dozen of them, the startup decided to ditch its plan to add interns. Why exactly? âNot worth our time,â said J.X. Mo, 23, Gradientâs co-founder. While some of the applicants had seemed promising, ânone of them would be cracked enough for us to hire... Read more âș
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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 âș
0
Initial public offering listings rebounded last year, though their performanceâand a government shutdownâheld back some startupsâ 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 âș
2
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 âș
0
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. Heâs known for making viral videos, not for his interest in ether. The investment is what you might call Bitmineâs latest pivot. Originally founded as a bitcoin miner, Bitmine decided... Read more âș
0
What do you get when you offset investorsâ 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 isnât building autonomous drones, hypersonic missiles or solid rocket motors. Itâs selling collaboration software for military command... Read more âș
0
Lia Guy and Ian OâConnell, 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 âș
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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 otherâs AI or capital needs even as they compete more fiercely for consumer or enterprise dollars.Thatâs whatâs 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 âș
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BlackRock raised $12.5 billion for the AI investment partnership it formed in 2024 with Microsoft and United Arab Emirates-backed MGX, giving it more firepower to invest in data centers and energy resources. Larry Fink, CEO of BlackRock, said Thursday it raised the money from the founders of the ... Read more âș
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Amazon Web Services has inked a deal with Rio Tinto to become the first buyer of copper that the mining giant is producing using a new mining technology. As part of the two-year supply deal, Rio Tinto will use AWSâ cloud and analytics services. The copper will come from an Arizona mine ... Read more âș
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We had more drama in AI land on Wednesday night, as several people exited Thinking Machines Lab, the high-profile startup cofounded by former OpenAI Chief Technology Officer Mira Murati, for OpenAI. Details remain murky but hereâs what we know for sure. On Wednesday night, Murati said in a post on X that the company had âparted waysâ with Barret Zoph, a fellow cofounder and the Chief Technology Officer of Thinking... Read more âș
9
In the group of highly valued tech companies that have remained private, SpaceX and Chinaâs ByteDance may be the biggest. But SpaceX has already signaled it will go public this year. And now that ByteDance has resolved the yearslong fight over its TikTok app in the U.S., the way may be clear for the Chinese tech giant to go public in the next couple of years. That prospect should put... Read more âș
0
Taiwan Semiconductor Manufacturing Company on Thursday announced a record capital expenditure between $52 billion and $56 billion for 2026, as it tries to ease the capacity constraint on its production facilities. About 70% to 80% of the spending will go to manufacturing equipment for ... Read more âș
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Chinese tech giant Alibaba Group is connecting its Qwen AI app with the companyâs e-commerce, online travel and payment platforms, in a major upgrade that enables the chatbot to serve as an agent helping users with real-life tasks like ordering food online and booking trips. The upgrade allows ... Read more âș
2
Wow. Wednesday was not a fun day, particularly if youâre a Verizon customer (guilty!), thanks to a widespread cellular phone outage that hit many of its subscribers for much of the day. It also wasnât fun for tech investors as stocks sold off across the board. What wasnât uniform, though, was the severity of the selling. Microsoft, Amazon and Meta Platforms each dropped about 2.4%, while Alphabet, nowadays everyoneâs favorite... Read more âș
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30.07.2026 04:30
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