Cloudflare, whose content delivery network powers many of the world’s most-visited websites, said it has recovered from an outage that took down social media, music streaming, food delivery, online retail and other services for several hours earlier Tuesday. In a post on X, Cloudflare CTO Dane ... Read more ›
0
Kraken, the crypto exchange that’s aiming to go public next year, said Tuesday it raised a $200 million strategic investment from Ken Griffin’s Citadel Securities at a $20 billion valuation. The exchange has already raised $600 million at a $15 billion valuation tranche from investors including ... Read more ›
0
Chip startup Tenstorrent has been in talks to raise at least $800 million in a deal led by current investor Fidelity Management, according to two people with direct knowledge of the talks. The investment would value the Toronto-based firm at around $3.2 billion before the investment, a 60% increase from its valuation not including the investment last year, one of the people said. The funding round highlights continued investor interest... Read more ›
0
John Hegeman is stepping down as Meta’s chief revenue officer and will be replaced by Andrew Bocking, the vice president of monetization product, who currently reports to Hegeman, Bloomberg reported. Clara Shih, who joined Meta last November from Salesforce and reported to Hegeman, is also ... Read more ›
0
As CIOs and IT execs labor to sort through a deluge of identical AI agent products sold by seemingly every enterprise software firm, they’re now being pitched on how to control and direct all these agents from one app. Enter “agent orchestration.” Read more ›
0
A judge has ruled in favor of Meta Platforms in a landmark antitrust case brought by the Federal Trade Commission, which had argued that Meta’s acquisitions of Instagram and Whatsapp violated antitrust law. In an opinion filed on Tuesday, U.S. District Judge James Boasberg said the FTC had ... Read more ›
0
Before we get to today’s news about Gemini, we should mention that this morning, Microsoft and Nvidia announced that they’re investing in Anthropic, who will be spending at least $30 billion over an unspecified amount of time to rent servers from Microsoft’s Azure cloud equipped with Nvidia chips. Now, all three cloud providers are invested in the OpenAI rival, in yet another signal of how Microsoft has diversified away from... Read more ›
5
Microsoft will invest $5 billion in Anthropic, and Nvidia will invest $10 billion in the startup, the three companies announced on Tuesday. Meanwhile, Anthropic will spend at least $30 billion to rent servers from Microsoft’s Azure cloud equipped with Nvidia chips over an unspecified period, and ... Read more ›
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Since ChatGPT came out three years ago, there has been no shortage of tech companies whose businesses some see as potential victims of competition from chatbots. That list has ranged from Google to Salesforce to Adobe. Now it’s Pinterest’s turn. The digital scrapbooking firm came of age during an earlier tech era by giving its users a way to find inspiration for kitchen remodels, wardrobe purchases and new haircuts, both... Read more ›
0
Databricks, a database provider whose tools help customers develop and use AI, is in talks to raise money at a valuation of more than $130 billion, up around 30% from its valuation in a financing round just two months ago, The Information reported late Monday. The company, which has raised more ... Read more ›
0
Databricks, a database provider whose tools help customers develop and use AI, is in talks to raise money at a valuation of more than $130 billion, up around 30% from its valuation in a financing round just two months ago, according to two people involved in the discussion. The possible capital raise reflects investor interest in companies providing cloud software to AI developers and which are generating cash. Databricks hasn’t... Read more ›
0
Lawrence Summers, former U.S. Treasury Secretary and president of Harvard University, said Monday he will step back from all public commitments after the Harvard Crimson disclosed his correspondence with convicted sex offender Jeffrey Epstein. Summers is a member of OpenAI’s board of directors ... Read more ›
0
Who let the dogs out? Shares of Google parent Alphabet, which was in Wall Street’s doghouse for the past couple of years, are now running freely. Friday night’s news that Warren Buffett’s Berkshire Hathaway had bought a $4.3 billion stake in Alphabet sent the shares rising 3% on Monday, even as other tech stocks sagged amid a broader market sell-off. It was the latest piece of good news for Google,... Read more ›
0
Thinking Machines Lab, the company co-founded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks with potential investors to raise about $5 billion in the startup’s next round of funding, according to a person who spoke with Murati. That target would more than triple the capital the ... Read more ›
11
Online marketplace Faire announced a tender offer Monday to buy employee shares at a price that values the company at $5.2 billion, nearly 60% lower than the company’s last public valuation of $12.6 billion from mid-2022. The shares will be bought by a group of investors, including hedge fund ... Read more ›
0
Amazon is expected to raise $15 billion in a bond offering, Bloomberg reported, the latest sign of how big tech companies are tapping the debt markets to help fund enormous investments in AI. The Bloomberg report said Amazon’s offering attracted as much as $80 billion in demand. The bond sale ... Read more ›
0
Blockchain.com, a crypto brokerage and wallet provider, is planning to go public next year, the company’s newly named co-chief executive revealed, aiming to list after several volatile years. The company said it promoted its president Lane Kasselman to be co-CEO, alongside its founder and CEO Peter Smith, as part of its listing efforts. Kasselman is a former Uber executive who has worked for the crypto firm for five years. The... Read more ›
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Before we get to today’s column, it’s worth pointing out that Google CEO Sundar Pichai strongly hinted on X that Gemini 3, the long-awaited next update to Google’s line of Gemini models, would be coming out this week. Google has done an impressive job of catching up to the other labs when it comes to conversational AI models, and Gemini 3 will be the company’s latest test to see whether... Read more ›
7
Amazon founder Jeff Bezos has cofounded a new AI startup that he will lead as co-CEO, the New York Times reported Monday. The company, known as Project Prometheus, has more than $6 billion in funding, in part from Bezos, and will be focused on artificial intelligence that can help with ... Read more ›
0
At Tesla’s annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Musk’s other companies, xAI. But Musk’s revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more ›
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Most popular sources
Business Insider
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30% 14 |
Gizmodo
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8% 3 |
Eurogamer.net
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6% 0 |
CNET
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5% 3 |
Vox
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4% 2 |
| View sources » | |
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12.12.2025 23:29
Last update: 23:05 EDT.
News rating updated: 06:20.
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