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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Meta Platforms on Tuesday released a standalone smartphone app for its Meta AI assistant. The new app is a modified version of its Meta View app, which owners of its Ray-Ban smart glasses used to manage the device. It gives Meta’s AI assistant more ways to reach people, putting it on par with AI ... Read more ›
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Before we get into today’s column, I’d like to give a big thank you to all our subscribers who joined us at our “Financing the AI Revolution” conference yesterday. It was amazing to get to meet so many of you.One of the most interesting discussions for me came during our panel on how private and public investors are thinking about investing in AI, which featured Atreides Management’s Gavin Baker and... Read more ›
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President Donald Trump’s press secretary responded to a Punchbowl News report on Tuesday that Amazon would start showing shoppers how much an item’s costs come from tariffs, calling such a move a “hostile and political act” by the company. The blowback highlights the challenges ... Read more ›
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Investing in artificial intelligence can be a tricky business. It’s the time of “peak ambiguity when it comes to AI,” said Hemant Taneja, CEO of venture capital firm General Catalyst. “None of us really know what the world’s going to look like in some ways.” Investors face uncertainties about which startups endure, which piece of AI technology generates the most money and how much businesses are willing to spend on... Read more ›
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Spotify reported 15% growth in revenue to 4.2 billion euros, driven by its premium subscription business. Advertising revenue grew 8%, although excluding the impact of foreign exchange changes, growth in advertising was just 5%. Spotify said pricing in podcast ad inventory was soft. The quarter ... Read more ›
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Alibaba Group on Tuesday released Qwen 3, a new generation of its open-source artificial intelligence foundation models. The company said the largest one among the new models outperforms competitors’ popular existing models like DeepSeek’s R1 and OpenAI’s o1 based on multiple industry benchmarks ... Read more ›
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Amazon’s efforts to compete with SpaceX’s Starlink satellite internet service finally got off the ground. On Monday afternoon, 27 satellites for the Amazon service, known as Project Kuiper, launched from Cape Canaveral, Florida, aboard an Atlas V rocket operated by United Launch Alliance. In ... Read more ›
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Group chats are definitely having a moment. First, there were the headlines about how Pete Hegseth, the U.S. Secretary of Defense, had participated in private Signal discussion groups with Trump administration officials and family members in which he reportedly discussed upcoming U.S. military operations. Then, on Sunday, Ben Smith at Semafor published a riveting story about the group chats on WhatsApp and Signal where Silicon Valley elite, including right-leaning figures... Read more ›
2
A group of Wall Street banks sold the final tranches of debt it lent Elon Musk in 2022 for his takeover of Twitter, now called X, The Wall Street Journal reported. The $1.2 billion sale marks the end of a long-running headache for the banking syndicate that lent a total of $13 billion to Musk. ... Read more ›
2
Around 300 employees at Google’s AI research unit Google DeepMind in the United Kingdom are seeking to unionize with the Communications Workers Union, the Financial Times reported. The unionization push follows employee discontent over Google providing cloud computing services to the Israeli ... Read more ›
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A crop of new artificial intelligence startups, including those founded by star ex-OpenAI executives, is trying to convince investors to invest at multibillion-dollar valuations with scant products or revenue to speak of. But representatives from two investors, Fidelity and Atreides Management, say it may be too late for those firms to overcome the first movers in the field. That’s because incumbents like Elon Musk’s xAI and Google have a trifecta... Read more ›
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Palo Alto Networks said Monday that it has agreed to buy Protect AI, a three-year-old startup that develops cybersecurity software for artificial intelligence applications. The deal speaks to the growing demand for software that guards against hacks of AI applications. Terms of the deal weren’t ... Read more ›
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Splice, a music start-up that uses artificial intelligence to blend audio samples, bought Spitfire Audio for its catalog of tracks and sounds, the companies said Monday. Splice is paying $50 million, according to sources close to the company. The acquisition reflects growing interest in marrying ... Read more ›
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OpenAI is incorporating more shopping features into ChatGPT search results, the company said Monday. For web searches, ChatGPT will now include links to products with images and reviews. The links open up another avenue of competition with Google, whose browser-based shopping feature returns ... Read more ›
0
Spotify said on Monday that it paid out more than $100 million to podcast creators and publishers globally during the first quarter. The company said the payouts include both ad revenue generated by audio and video podcasts as well as payments Spotify makes to certain creators and publishers in ... Read more ›
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It’s no secret that the success of today’s large language models wouldn’t be possible without the armies of humans creating the data, like solved math or coding problems, for the AI to be trained on. But as important as data labeling companies—such as Scale AI, Turing and Invisible—have been to the AI sector, they’re not absolutely crucial. Their customers have pulled back on their spending from time to time, as... Read more ›
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Most companies valued at more than $200 billion have imposed a high degree of structure on their organizations as they have grown. That’s not the case at Palantir Technologies. Experienced staff get a say in which projects they work on, according to five people who have worked at the data analytics firm. Performance reviews don’t always occur at scheduled times of the year. The company has no guidelines on in-office... Read more ›
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Elon Musk’s XAI Holdings, formed from merging his xAI startup with social media company X, is in talks to raise $20 billion, Bloomberg News reported. The new investment could value the combined company at $120 billion, the report said. The giant round could be used to pay down some of the debt ... Read more ›
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Huawei Technologies is talking to Chinese tech companies about a powerful new artificial-intelligence chip it has developed, The Wall Street Journal reported. Huawei is aiming for the chip to replace some high-end products from Nvidia, the U.S. chipmaker that dominates AI chips, the Journal ... Read more ›
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Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between one of its most successful startups and a company run by a chief executive the VC firm pushed out nearly a decade ago from the company he founded. The VC firm is playing a central role in the fight between rival human resources software companies Deel, which it backs, and Rippling. Andreessen... Read more ›
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09.11.2025 09:54
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