Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI Chief Technology Officer Mira Murati, has raised $2 billion in funding at a $10 billion pre-investment valuation, the company said. The round was led by Andreessen Horowitz, with participation from Nvidia, Accel, ... Read more âș
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As Microsoft and Amazon Web Services have dueled over cloud customers in the past decade, one of Microsoftâs biggest advantages has been its base of corporate customers that run Windows software on their local servers and want to move it to the cloud. AWS has complained about this dynamic for years, saying the Windows licenses effectively lock customers into Microsoft services because it costs customers extra to run Windows on... Read more âș
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The fintech industry has gone to the Trump administration to try to block the threat by banks, led by JPMorgan Chase, to charge fintechs fees for accessing their customersâ banking data. Under proposed pricing sheets from JPMorgan, the fintech and crypto industries could face hundreds of millions of dollars in costs to get access to their customersâ bank account information, which they now get for free. The data allows companies... Read more âș
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OpenAI is continuing its push into the application layer with ChatGPT âagents.â As we scooped this week, it plans new features that will allow users to create and edit spreadsheets and presentations, generate reports and automate tasks on their browsersâall through ChatGPT.There was one interesting detail in that news that you might have missed. Instead of leveraging a computer-using agent that would open and click around in a PowerPoint or... Read more âș
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Taiwan Semiconductor Manufacturing Company is speeding up the construction schedule of its second and third factories in the U.S. by âseveral quarters,â responding to strong demand from its American customers, CEO C.C. Wei said on an earnings call on Thursday. The company in January pledged to ... Read more âș
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Meta Platformsâ new artificial intelligence organization is starting to take shape on the companyâs Menlo Park, Calif., campus. The companyâs blockbuster hires of AI leaders and researchers in recent weeks has introduced dozens of new faces to the area around Metaâs C-suite, where CEO Mark Zuckerberg has made room for Meta Superintelligence Labs, the new name for the companyâs AI team. Staffers have to pass through two layers of security... Read more âș
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Hereâs a sobering thought. Todayâs AI bubble is bigger than the tech bubble of the 1990s, according to Torsten Slok, the chief economist for Apollo whose brief daily emails are widely followed. He bases that statement on his analysis that the top 10 companies in the S&P 500 are today âmore overvalued than they were in the 1990s.âIf this is true, then tech investors should be bracing for the mother... Read more âș
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Major retailers that traditionally spent a lot of their advertising budgets on TV have been leaning into working more with creators. One of the latest examples is home improvement giant Loweâs, which is making a big push to team up with handy influencers. Through a âhome improvement creator networkâ launched last month, Loweâs is setting up custom virtual stores for creators who film do-it-yourself projects, such as renovations or planting... Read more âș
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At an event in New York City, Amazon Web Services unveiled a preview of Bedrock AgentCore, a new cloud service for building agents that handle multi-step tasks like processing medical claims and verifying inventory levels. The announcement confirms our report from last month. The key ... Read more âș
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As Anthropicâs sale of artificial intelligence has surged, the company has told investors some of its profit-related metrics are improving even as it burns a tremendous amount of cash. That financial performance has prompted some investors to indicate interest in funding Anthropic at a valuation of more than $100 billion if the company decides to pursue a deal, compared to a $58 billion valuation in a financing announced four months... Read more âș
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In a surprising reversal, two leaders of Anthropicâs coding product who joined rival Anysphere two weeks ago have returned to Anthropic, according to people with direct knowledge of the move. In early July, Boris Cherny and Cat Wu left Anthropic, where they had developed a fast-growing ... Read more âș
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Google set Aug. 20 to unveil new hardware, where the tech giant is expected to announce the next version of its Pixel smartphones. The date is just a couple of weeks before Apple typically holds its fall event to unveil new iPhones. According to Bloomberg, the new Pixel phonesâthe Pixel 10 ... Read more âș
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Scale AI laid off 200 employees from its data-labeling business, a month after Meta invested $14.3 billion in the startup and hired its CEO Alexandr Wang. The cuts affected 14% of the companyâs global workforce, Scale spokesperson Joe Osborne told The Information on Wednesday. Scale will also ... Read more âș
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OpenAI plans to add e-commerce checkouts into ChatGPT and take a cut of online shopping purchases made within the chatbot, the Financial Times reported. The move is a way for OpenAI to make money from people using AI for shopping inspiration and product recommendations. Merchants that receive ... Read more âș
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Watching last weekâs Grok 4 release, one statistic stood out to us. XAI said it spent 10 times as much computational power on reinforcement learning for Grok 4 as it laid out for Grok 3.RL is a common AI development technique that rewards a model for accomplishing certain goals and penalizes it for other behaviors. The xAI disclosure provided further evidence of how AI labs are increasingly improving their models... Read more âș
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Nvidia is set to âaccelerate the recoveryâ of its artificial intelligence chip sales in China, thanks to improved U.S.-China relations, said CEO Jensen Huang at a press conference in Beijing on Wednesday. Huang attributed the resumption of chip sales to recent trade discussions between U.S. and ... Read more âș
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An array of billionaire backers and the dream of two world-changing technologies has turned SandboxAQ into a $5.6 billion startup star. The companyâs business has failed to keep up with the hype, and its CEOâs behavior is now under scrutiny. SandboxAQâs success so far is illusory. Nearly all of the companyâs first-quarter revenue can be traced back to Sergey Brin, who helped found the company. Inside the company, employees have... Read more âș
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Meta will have âthe largest compute fleet of any company,â Meta founder and CEO Mark Zuckerberg told me in an interview first aired on The Informationâs TITV Tuesday. âAnd focusing on that on being powered by a small and talent-dense team, I think weâre gonna have by far the most compute per ... Read more âș
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Way to go, Waymo! The Alphabet-owned robotaxi service has hit a 100-million-mile autonomous driving milestone, the company announced Tuesday to much fanfare. That figure is 10 times what it was two months ago. Take that, Elon Musk, whose Tesla has barely launched its robotaxi service in Austin, Texas.Waymoâs success reflects a growing acceptance of self-driving cars as taxisâone thatâs increasingly global. Indeed, also on Tuesday, Uber and Baidu announced a... Read more âș
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The artificial intelligence dealmaking frenzy over the past few weeks is shifting Silicon Valley norms and creating wealth at a pace and scale weâve never seen before. One theme is becoming clear: These AI deals are all about speed, and speed can make things messy. The latest example was Google co-founder Sergey Brin (suddenly relevant again), sitting in a Mountain View hotel meeting room last Thursday with more than 40... Read more âș
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17.03.2026 20:27
Last update: 20:20 EDT.
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