One of enterprise softwareâs bitter rivalriesâbetween data security firms Rubrik and Cohesityâcame to a head last year when Rubrik went public in an offering with a nearly $7 billion valuation. Now Cohesity, which is still private, is pitching investors on the notion that itâs the better deal. The Santa Clara, Calif.âbased startup, which like Rubrik helps businesses manage and protect data against ransomware attacks, has told potential investors in a... Read more âș
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Instacartâs revenue grew 10% in the fourth quarter to $883 million, a slightly slower growth rate than in the third quarter. The quarter ended a year where Instacartâs revenue growth slowed sharply but order growth jumped. During the year, Instacart dropped delivery charges for orders as small ... Read more âș
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Lucid CEO Peter Rawlinson stepped down eight years after joining the company and transforming it from a battery maker to the developer of some of the industryâs most innovativeâand expensiveâelectric vehicles. The move was surprising. The company apparently was not prepared for Rawlinsonâs exit, ... Read more âș
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Meg Strachan, founder of lab-grown jewelry line Dorsey, knows firsthand the power of creator marketing. But these days, sheâs not as interested in yet another partnership with an Instagram or TikTok creator to promote the brand: Instead, Strachan is branching out by teaming up with creators on newer platforms including Substack. Read more âș
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An executive at Circle, the worldâs second largest stablecoin issuer, said in an interview on Tuesday that the company is advocating for stablecoin legislation that treats U.S.-based and overseas stablecoin companies equally. Dante Disparte, chief strategy officer of New York-based Circle, said ... Read more âș
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Teslaâs sales in Europe fell by about half in January, according to data released on Tuesday by the European Automobile Manufacturers Association, even as electric vehicle sales overall grew 34%. Including the UK, Teslaâs sales fell 45%. The stunning slump suggests Elon Muskâs endorsement of ... Read more âș
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Chegg, a company offering online homework help, sued Google and its parent company Alphabet on Monday, alleging that Googleâs AI-generated summaries in search results have hurt Cheggâs traffic so much that it is now considering seeking to be acquired. The case appears to be the first antitrust ... Read more âș
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TikTok music executive Ole Obermann is leaving the company next month for a different role in the music industry, Music Business Worldwide reported. Obermann, who was global head of music business development at TikTok parent company ByteDance, will be replaced by Tracy Gardner. Obermann, who is ... Read more âș
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Multinational companies in regulated industries like pharmaceuticals and insurance have been somewhat reluctant to adopt generative artificial intelligence to handle legally sensitive documents due to the risk of AI-generated mistakes.That seems to be changing. Take Novo Nordisk, the Danish drugmaker behind Ozempic. The company for years has tested chatbots such as OpenAIâs ChatGPT and models such as Meta Platformsâ Llama to help write documents it files to regulators when submitting... Read more âș
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Twenty-one civil service employees resigned Tuesday from Elon Muskâs Department of Government Efficiency, saying they refused to âdismantle critical public services,â according to the Associated Press. The employees, who worked for the United States Digital Service before it was renamed DOGE ... Read more âș
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If youâve been on X at all in the last few days, youâve probably come across posts in which people described jailbreaking xAIâs new Grok 3 model. For instance, one person asked the chatbot how to make chemical weapons, while another revealed instructions xAI gave the model to stop it from saying that Elon Musk is the top spreader of misinformation on X.For all the attention these posts might have... Read more âș
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These days, it seems like every celebrity wants to start their own brand. Just look at Robert Downey Jr., who raised venture money last year for a coffee company he co-founded, or the gamers-slash-boxers-slash-influencers launching their own energy drinks, menâs body wash and more. But investors say theyâre overwhelmed by pitches for undifferentiated or low-quality goods and are quickly souring on the sector. Four early-stage investors who previously backed celebrity... Read more âș
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Cohere, one of the earliest venture-backed developers of artificial intelligence models, has grown significantly in the last year, despite competition from OpenAI and Anthropic and the proliferation of cheap, open-source alternatives like DeepSeek. Annualized revenue hit $70 million at the start ... Read more âș
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This is what passes for news nowadays? On Monday, Apple grabbed plenty of headlines with its claim that it will âspend and invest more than $500 billion in the U.S. in the next four years.â That sounds like a big dealâuntil you read further down in the announcement and realize itâs simply describing the money Apple spends in the normal course of business. Thatâs rightâAppleâs announcement was essentially a promise... Read more âș
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OKX, one of the worldâs largest and oldest crypto exchanges, pleaded guilty on Monday to charges by the U.S. that it operated an unlicensed money transmitting business. The exchange agreed to forfeit $420 million and pay a fine of $84 million, the U.S. Justice Department said. The ... Read more âș
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The Trump Administration told agency leaders Monday that they could ignore statements from billionaire Elon Musk that federal employees will lose their jobs if they donât send an email by late tonight detailing what they accomplished last week. According to the Washington Post, the Office of ... Read more âș
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Pronto, a seven-year-old startup co-founded by Anthony Levandowski, one of the founders of Waymo, said Monday it reached an agreement to use its autonomous driving technology on 100 trucks operating at Heidelberg Materialsâ sites around the world over the next three years. Pronto designs the ... Read more âș
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Rival crypto exchanges are stepping in to shore up the finances of the worldâs third biggest exchange, Bybit, after hackers stole $1.4 billion from the firm last week. In doing so, the crypto industry is hoping to calm investor worries that the hack could lead to another FTX-like implosion. Several exchanges, including Bitget and MEXC, have made emergency loans to Bybit to replenish tokens lost in the hack so Bybitâs... Read more âș
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Anthropic on Monday released its latest artificial intelligence model, Claude 3.7 Sonnet, and Claude Code, a coding assistant that aims to compete with similar products from Anysphere and Replit. Those companiesâ coding assistants are powered by Anthropic software, meaning that Anthropic is ... Read more âș
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You donât have to look far to find examples of artificial intelligence startups fetching wild valuations, as some in-the-works deals for robotics and startups founded by OpenAI alumni have shown. But such examples obscure changes in how investors are valuing AI startups. The biggest developers of foundation models, such as OpenAI and Anthropic, are now cheaper than they were a year ago, based on their valuations as a multiple of... Read more âș
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Most popular sources
Business Insider
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24% 1 |
Gizmodo
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12% 4 |
Android Authority
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9% 3 |
Tom's Hardware
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7% 1 |
Eurogamer.net
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6% 1 |
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11.11.2025 20:34
Last update: 20:20 EDT.
News rating updated: 03:20.
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