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
Snyk’s revenue growth slowed to 12% in the second quarter, The Information reported, from 26% for all of 2024 and 50% in 2023 as the decade-old startup faced mounting competition from younger cybersecurity startups as well as AI products that incorporated similar features. The Boston-based ... Read more ›
0
Shares in Fermi America rose more than 50% to almost $33 a piece following its listing on the Nasdaq exchange, a sign of investor exuberance for companies building data centers for artificial intelligence. Fermi, which was founded this year, is building a data center site connected to natural ... Read more ›
0
It seems Microsoft CEO Satya Nadella wants to spend more time hanging out with engineers and less with customers and government officials. That’s the upshot of Microsoft’s announcement early Wednesday that Nadella would hand off some of his business responsibilities to Microsoft’s chief commercial officer, Judson Althoff. Nadella, an engineer by training, oversaw the company’s cloud and enterprise group before taking the top job in 2014. He gets to dip... Read more ›
1
SUI Group, a Nasdaq-listed firm dedicated to buying and holding Sui cryptocurrency, said it is launching two stablecoins for the Sui blockchain, making it the first digital-asset vehicle stock to enter the highly competitive stablecoin business. The move adds to the competition facing Circle and ... Read more ›
0
Thinking Machines Lab, the AI startup cofounded by former OpenAI Chief Technology Officer Mira Murati, announced its first product, an application programming interface that allows developers to finetune, or tweak, open-source models. The product, called Tinker, allows developers to customize ... Read more ›
0
Snyk, a startup that sells security tools for developers, seemed like a shoe-in for a lucrative initial public offering a few years ago. Sales were doubling or tripling every year, reaching into the hundreds of millions of dollars annually, as exploding corporate use of open-source software code created vulnerabilities that businesses needed to patch. Snyk’s valuation soared to more than $8 billion. Now, the decade-old company seems stuck. The tech... Read more ›
9
President Donald Trump’s recent announcement that a joint venture will oversee TikTok’s U.S. business left unanswered the important question of who will run the new company. Inside TikTok, executives say there’s a very obvious candidate: Adam Presser, the longtime No. 2 to TikTok CEO Shou Zi Chew, and one of the top Americans at the company. In August, Presser became the new head of TikTok’s U.S. Data Security unit, which... Read more ›
13
Microsoft CEO Satya Nadella is handing off some of his business responsibilities so he can redouble his focus on the company’s biggest technical challenges. In a message to Microsoft employees on Wednesday, Nadella said that the changes will result in Judson Althoff, who has been Microsoft’s ... Read more ›
0
Fermi America has a grand plan: Assemble the largest data center complex ever, an Amarillo, Texas, facility that will suck up enough energy to power 8 million homes. Still, when the company’s shares begin trading on the Nasdaq on Wednesday, Fermi is essentially asking investors to take a Texas-size leap of faith on a months-old business that could become the next topsy-turvy meme stock. Adding to the risk: It’s run... Read more ›
0
Apple and OpenAI asked a federal judge to dismiss an antitrust lawsuit brought by Elon Musk’s xAI that alleged the two companies squashed competition in artificial intelligence by steering users toward ChatGPT instead of competitors like xAI’s Grok. In a court filing late Tuesday, Apple called ... Read more ›
0
Thanks to everyone who attended our AI Agenda Live event in New York yesterday! It was incredible to get to meet so many subscribers in person and hear from leaders in AI research, robotics and VC about what they’re seeing in this crazy industry right now. (For a full recap of the event, check out my colleagues’ write-up here.)My last panel with Sholto Douglas, a researcher from Anthropic who leads... Read more ›
0
The biggest stars of MLB, Shohei Ohtani of the Los Angeles Dodgers and Aaron Judge of the New York Yankees, are taking the field on day one of the playoffs this evening. The league’s attendance and TV ratings are up. America’s pastime, often left for dead, has proven to be good business for its players and owners.I mention this not just because I am writing with one eye on the... Read more ›
0
Artificial intelligence services will take years to penetrate the economy, because businesses need to figure out how to use new AI products and train workers to use them, according to speakers at The Information’s AI Agenda Live conference on Tuesday. Sarah Guo, founder and partner at venture capital firm Conviction, noted that cloud computing had taken 20 years to catch on across industries where systems and habits are deeply engrained.... Read more ›
0
Stripe is planning to apply for a charter with a federal banking regulator to meet the requirements of new U.S. stablecoin legislation, which will allow it to keep issuing stablecoins for clients when the law takes effect. The company is preparing to apply for a national trust charter with the ... Read more ›
7
Venture capitalist Gili Raanan is best known for his first investments in cloud security startups Wiz and Cyera. But as startups stay private for longer, his Israel-based venture firm Cyberstarts is now also investing in later rounds. It now has another $380 million for those more mature investments, thanks to a new fund raised this week to invest exclusively in the firm’s existing portfolio. The fund is about a fifth... Read more ›
0
Meta Platforms plans to acquire the chip startup Rivos, according to a person familiar with the matter. The deal comes after Meta CEO Mark Zuckerberg in July said his company would spend “hundreds of billions of dollars” on expanding its computing capacity to enable its ambitions in artificial ... Read more ›
60
After AI coding apps like Cursor and Replit popularized “vibe coding,” Microsoft wants to make “vibe working” happen.Microsoft on Monday unveiled Office Agent, which lets people create complex PowerPoint presentations and Excel spreadsheets based on simple written prompts in the Copilot chatbot. Read more ›
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ChatGPT remains by far the most widely used chatbot among people responding to The Information Pro’s latest subscriber survey, but it lost ground over the past seven months. So did most other chatbots, possibly a sign that our readers are experimenting with fewer chatbots and have decided on those they want to primarily use. Overall, the use of artificial intelligence services has become even more widespread among our readers since... Read more ›
61
Amazon unveiled a range of updated smart home and consumer devices at a launch event in New York on Tuesday, as the e-commerce giant tries to boost adoption of its revamped Alexa voice assistant, known as Alexa+. The latest versions of Amazon’s Ring home cameras, Fire TVs, Kindle tablets and ... Read more ›
2
CoreWeave signed a new cloud deal with Meta Platforms, in which it will provide as much as $14.2 billion worth of compute capacity to the firm through 2031. CoreWeave disclosed the deal on Tuesday in a filing with the Securities and Exchange Commission. The new deal extends the companies’ ... Read more ›
0
Most popular sources
Business Insider
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40% 10 |
MacRumors
|
7% 5 |
Ars Technica
|
6% 4 |
Tom's Hardware
|
6% 0 |
Gizmodo
|
5% 2 |
| View sources » | |
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25.10.2025 09:35
Last update: 09:30 EDT.
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