Andreessen Horowitz’s artificial intelligence chip hunter is setting out on his own. Anjney Midha—an Andreessen general partner who helped the firm’s startups gain access to highly sought-after graphics processing units—told the firm’s staff on Friday that he was setting up an outside venture called AMP to “provide compute and capital to frontier AI teams.” Midha joined the firm two years ago from social app Discord and was an early personal... Read more ›
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The U.S. National Highway Safety Administration says it has contacted Tesla to gather more information about a new setting on its driver assistance software that makes its vehicles move faster and more aggressively. Tesla added the setting, called “Mad Max,” in an update for users of its “Full ... Read more ›
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JPMorgan hired veteran technology banker Kevin Brunner from Bank of America as a global chair of investment banking and mergers and acquisitions, according to a memo viewed by The Information. Brunner spent all his career at Bank of America and was most recently chair of global M&A. He ... Read more ›
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This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her first all-hands meeting as the startup’s new CEO of applications, she acknowledged that she and many others at OpenAI shared the same background: They’d previously worked at Meta Platforms. And then Simo, who’d risen to be head of Facebook over a decade at Meta, offered reassurance—she wasn’t interested in redoing her tenure at Meta... Read more ›
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Chinese humanoid robot maker AgiBot on Friday unveiled a “robot content creation platform” that allows users to upload videos of human movements so a humanoid can accurately mimic them. The Shanghai-based startup said that the platform, LinkCraft, will allow end-users with no expertise in ... Read more ›
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The U.S. Commerce Depart. denied that it is “currently negotiating equity stakes with quantum computing companies,” according to CNBC, countering a news report earlier in the day that sent shares of several stocks soaring. Earlier Thursday, The Wall Street Journal reported that the department is ... Read more ›
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On Intel’s third-quarter earnings call, CEO Lip-Bu Tan and CFO David Zinsner said the chipmaker is expecting a boost as more companies shift their spending from training AI models to inference, the process of using trained models to power AI applications. “It is increasingly clear that CPUs play ... Read more ›
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For crypto’s offshore giants these days, there’s nothing more important than figuring out their Trump playbook. Most are succeeding, as President Donald Trump’s pardon of Binance co-founder Changpeng Zhao today demonstrated. The pardon of Zhao, who was convicted of violating anti–money-laundering laws and served a four-month sentence last year, could ease Binance’s path to taking on the U.S. market. Other offshore crypto firms, notably Tether and Polymarket, have already overcome... Read more ›
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Anthropic on Thursday said it plans to use up to 1 million Google Tensor processing units to power its artificial intelligence, implying the startup would spend tens of billions of dollars renting TPU servers. The announcement is a show of confidence in Google’s chip as an alternative to Nvidia’ ... Read more ›
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Over the last few days our reporters have broken news about two merger discussions that fizzled: Adobe, which was interested in buying video startup Synthesia, and SoftBank, which talked with humanoid robotics maker Agility about a takeover. In both cases, the startups ended up pursuing more venture capital funding at higher valuations.These are just the latest instances of aborted acquisition talks involving artificial intelligence startups that we’ve broken over the... Read more ›
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OpenAI on Thursday said it bought Software Applications Inc. for an undisclosed sum. The two-year-old artificial intelligence startup develops Sky, which allows Mac users to take action on their screens and within apps using text-based prompts. “With Sky, AI works alongside you, whether you’re ... Read more ›
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President Donald Trump has called off plans to send the National Guard on Saturday into San Francisco, after he said friends who live in the area urged him not to go ahead with it. “Great people like Jensen Huang, Marc Benioff, and others have called saying that the future of San Francisco is ... Read more ›
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Battery materials company Redwood Materials said Thursday it had raised $350 million to expand of its new line of business repurposing used batteries to power AI data centers. Its new valuation, of more than $6 billion, is 20% higher than its last fundraising in 2023. The funding, led by ... Read more ›
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Welcome back! At its developer conference earlier this month, OpenAI showed a forthcoming feature that lets ChatGPT users access services from Expedia, Uber and Spotify directly in the chatbot. Some consumer apps might view such a feature as a threat because it bypasses their sites, preventing them from showcasing other products.For his part, Airbnb CEO Brian Chesky told Bloomberg Wednesday he won’t let people use his company’s travel booking service... Read more ›
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SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans. But some of SoftBank’s bets in robotics over the past 10 years, such as robot companion Pepper, have not panned out. Now the company is renewing its robot ambitions—particularly in robots that resemble humans. Late last year Son met with representatives from Agility Robotics, a 10-year-old startup led by former... Read more ›
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Satellite company Globalstar shares surged nearly 8% on Thursday following The Information’s report that the company has been looking to sell itself for more than $10 billion. The company has been owned by investor James Monroe’s Thermo Companies since 2004 when he acquired the then beleaguered ... Read more ›
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Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, is in talks to raise a new round of funding led by early investor GV, an investment arm of Google-owner Alphabet, at a $4 billion valuation including the investment, according to two ... Read more ›
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The current coach of the NBA’s Portland Trailblazers and a guard for the Miami Heat were among dozens of arrests Thursday morning as part of a sprawling nationwide probe by the FBI into illegal sports betting and gambling schemes, whereby the government alleges that current and former NBA ... Read more ›
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The Ellison family’s Paramount Skydance has made three offers for Warner Bros. Discovery in the past month, at steadily rising prices, the New York Times reported on Thursday. All the offers were rejected. Paramount’s offers for WBD began at $19 a share and rose to $23.50 a share. Before ... Read more ›
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You can count the number of breakout consumer AI applications on the fingers of one hand. There’s OpenAI’s ChatGPT and…that’s about it, at least so far. Suno, which helps people create music using conversational prompts, isn’t yet a breakout—but it could be soon. The company is generating around $150 million in annual recurring revenue from subscriptions to its app, up nearly four times from a year ago, according to a... Read more ›
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09.05.2026 16:11
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