U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more âș
0
Intel CEO Lip-Bu Tan told employees he is committed to âadvancing U.S. national and economic security,â after President Donald Trump called for him to step down due to conflicting interests with China. In a letter to employees on Thursday Tan said there is âa lot of misinformationâ circulating ... Read more âș
0
Shares of ad technology firm The Trade Desk dropped more than 35% on Friday, as investors responded to the companyâs projection that its revenue growth would slow to 14% in the third quarter, from 19% in the second quarter, as a result of economic uncertainty flowing from President Trumpâs ... Read more âș
2
At an all-hands meeting earlier this year, Nvidia CEO Jensen Huang received a question that prompted him to talk about a personal topic: nepotism at Nvidia. In response, Huang acknowledged that Nvidia had indeed hired the children of many employees and insisted it didnât bother him. He said he believed those parents wouldnât have vouched for their kids unless they felt certain their children wouldnât embarrass them. Besides, many second-generation... Read more âș
0
OpenAI CEO Sam Altman said the ChatGPT creator should keep ârunning at a lossâ as it continues to invest in training new models, as long as it shows continuing improvements in the performance of its models. Altman said in a CNBC interview that âits nice not to be public,â implying it ... Read more âș
0
Silicon Valley is governed by a set of rules about how Silicon Valley is supposed to operate. There are pecking orders for just about everything from employees (engineers are king) to investors (most founders would take a check from Sequoia). But every once in a while, those rules change. And right now, they are changing a lot. The rise of artificial intelligence is transforming what gets built and how. But... Read more âș
10
Cracks are beginning to show in the booming market for stocks of companiesâlike Michael Saylorâs Strategyâthat do little other than hold cryptocurrencies like bitcoin. These stocks became a wildly popular way for investors to speculate on bitcoin and recently on more exotic cryptocurrencies. Valuations for Strategy, and for others including bitcoin holder Semler Scientific and solana holder Upexi, have come down a bit, while companies that own more speculative tokens... Read more âș
25
Appleâs next iPhone unveiling is a month away, but OpenAI may have just sucked all the new tech product excitement out of the room with todayâs GPT-5 unveiling. The livestream, featuring a parade of staffers highlighting the new flagship AI modelâs range of impressive capabilities, was eerily reminiscent of an Apple iPhone eventâslickly produced and tightly scripted. OpenAIâs speakers even used classic Apple phrases such as âWe canât wait for... Read more âș
31
For a long time, U.S.-based founders and investors looked at Chinaâs tech work cultureânicknamed 9-9-6 because employees work from 9 a.m. to 9 p.m., six days a weekâas a grueling anomaly. But lately Iâve been hearing about employees at hard-charging artificial intelligence startups working even longer hours.The most vivid example came this week, when we broke the news that coding generation startup Cognition was offering buyouts to some of the... Read more âș
0
Meta Platforms has acquired WaveForms AI, a small startup working on artificial intelligence capable of understanding emotion and mimicking it in audio form, The Information reported. The acquisition comes as Meta continues to overhaul its efforts in AI, after stumbles earlier this year. In ... Read more âș
0
Tesla is disbanding its Dojo supercomputer team as its leader leaves the company, Bloomberg reported Thursday. The team had been building supercomputers powered by in-house chips that help train its vehiclesâ self-driving software. Tesla plans to rely more heavily on chips from companies ... Read more âș
33
Crypto company Ripple said it agreed to buy stablecoin payments platform Rail for $200 million, following the U.S.âs passage of stablecoin legislation. Rail, founded in 2021 and backed by Galaxy Digital, allows companies and fintech firms to send money across borders using stablecoins for faster ... Read more âș
0
Pinterest reported 17% revenue growth to $998 million, above the upper end of the companyâs guidance. Global monthly active users also expanded 11%. The company said Gen Z has grown to over half of its user base. The company nearly doubled free cash flow to $197 million. On an earnings ... Read more âș
0
In November, Europeâs struggling home-grown battery champion, Sweden-based Northvolt, began to sell off assets in an effort to raise cash and pay off debt. It started with its northern California electric aviation battery subsidiary. Last month, it sold off its Poland-based stationary storage factory. And today, Northvolt said it had sold its remaining crown jewelsâits battery factories and labs in Sweden and Germany. In all three cases, the surprising acquirer... Read more âș
3
Meta Platforms has acquired WaveForms AI, a small startup working on artificial intelligence capable of understanding emotion and mimicking it in audio form, according to a person with direct knowledge. The acquisition comes as Meta continues to overhaul its efforts in AI, after stumbles earlier this year. In June, the social media giant hired Scale AI CEO Alexandr Wang as its chief AI officer and agreed to invest $14.3 billion... Read more âș
37
Snapâs stock plunged this week after reporting lackluster second-quarter results. But some investors still see reasons to be bullish about the company.Sasha Kaletsky, managing partner of early-stage venture firm Creator Ventures, said the Snapchat parent company has invested âincredibly aggressivelyâ in Spotlight, its TikTok competitor, which now makes up 40% of content watch time on the app. He also pointed to surging usage of its paid subscription offering, Snapchat+, which... Read more âș
1
President Trump signed executive orders aimed at stopping banks from withdrawing services from customers for their political or religious beliefs, and another that seeks to allow 401(k) holders to invest in alternative assets such as cryptocurrencies and private equity. The orders, signed ... Read more âș
0
Guggenheim Securities is hiring long-time equity research analyst Joel Fishbein as an investment banker focusing on advising companies in the software sector, according to a person familiar with the matter. Fishbein was most recently a managing director and software equity research analyst ... Read more âș
0
OpenAI unveiled its new flagship AI model, GPT-5, on Thursday. And with the launch, OpenAI seems to be moving more towards offering an entire AI system to its customers versus giving them the choice between models. The company said during a live-streamed presentation that it would be withdrawing user access to its older models, meaning that customers wonât be able to choose between models depending on how much they want... Read more âș
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OpenAI is paying bonuses to around 1,000 employees on its technical research and engineering teams, or about a third of the company, ranging from the low hundreds of thousands to millions, as the company gears up to release its latest flagship GPT-5 model and faces an ever-rising battle for AI ... Read more âș
0
President Donald Trump has called on Intel CEO Lip-Bu Tan to resign from his position, claiming he has conflicts of interest and âthere is no other solution to this problem.â Trump did not provide any evidence to support his claim. Tan was appointed as CEO of Intel in March. The presidentâs ... Read more âș
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17.03.2026 09:54
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