OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billion in a funding round, told investment bankers in recent weeks that it is getting ready to move off the sidelines and do more acquisitions, according to people who have spoken to its executives. It is considering... Read more ›
90
OpenAI has bought investing app startup ROI and hired its CEO and co-founder, Sujith Vishwajith, to join its technical staff, a spokesperson for the ChatGPT maker said. ROI said it will shut down the app. Since ChatGPT’s early days, financial firms such as J.P. Morgan and Morgan Stanley have ... Read more ›
0
Coinbase said Friday it is seeking a charter with a federal banking regulator that will allow it to expand its crypto custody business and enter into payments services. The largest U.S. crypto exchange is applying for a national trust charter with the Office of the Comptroller of the Currency, ... Read more ›
0
Jeff Bezos made news today, putting his imprimatur on the idea that we’re in an AI bubble, although I think the fact that he’s now sporting a light beard was just as interesting. But that’s just me. Bezos’ declaration—at an Italian tech conference—shows that the idea of a bubble is no longer much of a debate. In fact, it’s pretty much conventional wisdom. Last week, Bloomberg reported that hedge fund... Read more ›
2
A group of Tesla shareholders is urging investors to vote against CEO Elon Musk’s proposed pay package, which could be worth up to $1 trillion, at the electric automaker’s annual meeting next month, according to a letter included in a regulatory filing. The shareholders, which include officials ... Read more ›
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Rob Williams, an Amazon executive in the company’s devices division and a member of the company’s elite management group known as the S-team, is leaving the company, Reuters reported Friday. Williams, who has worked at Amazon since 2013, confirmed his departure in a LinkedIn post Friday. Amazon ... Read more ›
0
It’s hard to think of a company that faces a bigger perception gap than Anduril. Talk to investors in Silicon Valley, and they will be clamoring to get in on its next round—last priced at $30 billion. Talk to generals and others in the traditional defense industry, and they’ll ask whether the eight-year-old company has any contracts yet. (The answer is they do.) To get to the truth between the... Read more ›
1
Apple has taken down an app used to track the location of ICE agents from its app store after pressure from officials from the Department of Justice, Fox News Digital reported. “We reached out to Apple today demanding they remove the ICEBlock app from their App Store — and Apple did so,” ... Read more ›
0
Last month, Reed Jobs was on Capitol Hill meeting with lawmakers and representatives from America’s top hospitals, universities and medical organizations. He came to deliver an impassioned plea: Save the National Institutes of Health, which faces a push by President Donald Trump to slash its budget 40%. As a keynote speaker at the annual summit thrown by the American Association for Cancer Research to advocate for more research funding from... Read more ›
0
BlackRock-owned investment firm Global Infrastructure Partners is in advanced talks to buy Aligned Data Centers, a privately held data center firm, in a deal that could be worth around $40 billion, according to a report in Bloomberg. Earlier this year, Texas-based Aligned raised more than $12 ... Read more ›
0
Anyone of a certain age will remember Uri Geller, the magician who became a big star in the 1970s for bending spoons with his mind, a trick that was later discredited. Given that sorry history, you might wonder why an internet conglomerate based in Italy chose Bending Spoons as its name. Is the management trying to prove it can perform acts of corporate magic? Perhaps (its logo is “Impossible.Maybe”). That... Read more ›
6
Uber said on Thursday that it is buying data labeling startup Segments.ai to expand its software for labeling lidar data. The two companies didn’t disclose terms of the deal. Uber has expanded into data labeling and annotation services over the past year, providing data for language models, as ... Read more ›
0
How do early-stage venture capitalists pick which unproven founders to back? Most don’t overcomplicate things. Backing a Stanford University computer science grad or an early OpenAI employee often seems like a good bet. Some VCs even use AI to score early startups based on their technical expertise or past successes.Paige and Leura Craig, the husband-wife duo that runs Outlander VC, with $486 million assets under management, has a more unusual... Read more ›
0
SoftBank, Abu Dhabi’s MGX and others funded a $6.6 billion OpenAI employee share sale that valued the company at $500 billion, said a person with knowledge of the deal. The share sale price is nearly double OpenAI’s $260 billion valuation from a separate $40 billion round of funding it’s raising ... Read more ›
2
Salesforce is jumping aboard the vibe coding trend, launching a new service that lets developers create applications by describing the features and functionality they want using simple text prompts. The cloud software provider says the new service, part of its Agentforce product, will ... Read more ›
0
When AI coding tools came into vogue in 2023 and 2024, chief information officers salivated at the idea of using them to develop their own versions of Salesforce and Slack and stop paying a fortune for enterprise apps. But the AI wasn’t accurate or consistent enough to do that.Now Anthropic is reawakening these app-replacement dreams. In a recent test, Anthropic used its Claude AI model to create a workplace chat... Read more ›
1
Read a handful of tech headlines, or even spend a few minutes on LinkedIn, and you’ll likely see the same hurdle to AI adoption cited over and over: a lack of employee buy-in, especially among workers who fear AI agents might one day be able to do large portions of their current jobs. But pushback from employees is not holding back agentic AI, according to a survey of The Information... Read more ›
0
Tesla delivered 497,000 vehicles in the third quarter of 2025, up 7% year-over-year, as the impending end of a U.S. federal tax credit for electric vehicles at the end of September contributed to a surge in sales. While sales were up, Tesla produced 447,000 vehicles in the July-to-September ... Read more ›
0
California Gov. Gavin Newsom signed SB 53 on Monday, a law that will require the largest AI companies to abide by their own safety and cybersecurity policies. One company that should take heed of the new law is Elon Musk's xAI.The ink had barely dried on xAI’s safety policy, which it published in August, when the company released its model Grok Code Fast 1 and violated the policy’s terms, according... Read more ›
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In recent weeks, Meta Platforms made a change to its Fundamental Artificial Intelligence Research lab that rubbed members of the group the wrong way: FAIR, as the group is known, would have to undergo additional review of its research before publishing it, according to two people familiar with the matter. The new policy was a tough pill to swallow for some members of FAIR, who perceived the change as a... Read more ›
0
OpenAI signed preliminary agreements with South Korea’s largest memory chip makers to supply its ambitious Stargate datacenter project. The deals were announced during a trip by OpenAI CEO Sam Altman to Seoul. The operator of ChatGPT is leading a sweeping global push to build massive new data ... Read more ›
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Most popular sources
Business Insider
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40% 10 |
MacRumors
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7% 5 |
Ars Technica
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6% 4 |
Tom's Hardware
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6% 0 |
Gizmodo
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5% 2 |
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25.10.2025 09:34
Last update: 09:25 EDT.
News rating updated: 16:21.
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