Google has struck a major cloud computing deal with Meta Platforms, The Information reported. As part of the agreement, the social media giant will use Google Cloudâs servers, storage, networking and other services. The dealâworth more than $10 billion over six yearsâis one of the largest known ... Read more âș
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Over the last two years, several ex-OpenAI employees have left to found new startups. Now some former researchers at the ChatGPT maker are starting venture funds, extending a history of alums from buzzy startups who jump into investing. The latest example of this is Zero Shot Fund, started this summer by a group of former OpenAI employees who worked on research and engineering. The firm is targeting $100 million for... Read more âș
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Google has struck a major cloud computing deal with Meta Platforms, according to two people familiar with the matter. As part of the agreement, the social media giant will use Google Cloudâs servers, storage, networking and other services, one of the people said. The dealâworth more than $10 billion over six years, the person saidâis one of the largest known agreements in Google Cloudâs 17-year history. It comes after Meta... Read more âș
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Snowflake CEO Sridhar Ramaswamy isnât impressed that Databricks is raising a new funding round at a valuation of more than $100 billion, co-led by existing investor Thrive Capital and additional investors that havenât yet been revealed. In a companywide email Wednesday, which The Information has ... Read more âș
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President Donald Trump signed an executive order on Thursday establishing a ânational design studioâ that will focus on improving government websites and physical spaces and plans to appoint Joe Gebbia, Airbnbâs co-founder, to oversee it, Bloomberg reported. Trump will appoint Gebbia to be the ... Read more âș
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As it tries to unseat Google, OpenAI is relying on search data from an unlikely source: Google. OpenAI has been using Google search results scraped from the web to help power ChatGPT responses, according to two people with knowledge of it. Read more âș
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Anthropic is in talks to raise as much as $10 billion, double the amount it was previously seeking, according to two people with knowledge of the matter. The company has been in fundraising discussions with investors for raising at a $170 billion valuation, up from a $58 billion-valued ... Read more âș
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TikTok Shop, the short-form video appâs e-commerce platform, made a big splash nearly two years ago when it first launched in the U.S. Even though itâs reduced the initial deep discounts for shoppers and sellers, quieting some of the initial buzz over the service, some startups are still betting TikTokâs social shopping features will grow.One is Conduit Commerce, which is coming out of stealth this week and recently acquired the... Read more âș
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Two out of three subscribers to The Information who responded to a survey have taken a ride in a self-driving carâand nearly 99% of riders were satisfied with the experience. The survey results are the latest confirmation that after years of development and testing, self-driving cars are finally revving up. Read more âș
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Disneyâs ESPN has launched its highly-anticipated new streaming service, which features all of the live and on-demand programming the sports media giant has to offer. This includes the ability to stream ESPNâs cable TV channels, as well as documentaries and studio programming produced by ESPN. ... Read more âș
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Our Wednesday story about rising costs of businesses that pay for advanced artificial intelligence from OpenAI and Anthropic stirred strong reactions from readers. OpenAI researcher Aidan McLaughlin wondered aloud where we had gotten the idea that state-of-the-art AI was supposed to get cheaper. The answer: his boss, Sam Altman. OpenAIâs CEO said last month at a conference hosted by the Federal Reserve that âit does in fact look like weâre... Read more âș
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Crusoe, the developer behind OpenAIâs first Stargate data center, is discussing raising funds at a $10 billion valuationâmore than three times its valuation less than a year ago, according to two people with direct knowledge of the fundraising talks. The seven-year-old company wants to raise at least $1 billion to fulfill its ambitions to become a more formidable player in cloud computing, which will require it to buy more artificial... Read more âș
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Rent the Runway CEO and cofounder Jennifer Hyman is turning over control of the clothing-rental firm to its longtime lender and a group of other investors, the company said Thursday. In exchange, the company is cutting its heavy debt load. Shares rose around 9% in morning trading following the ... Read more âș
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If thereâs one thing the artificial intelligence industry hasnât been lacking in recently, itâs news. So on Wednesdayâs episode of TITV, our editor-in-chief Jessica Lessin asked Bret Taylor, CEO of customer-support agent firm Sierra, and Winston Weinberg, CEO of legal agent startup Harvey, for their thoughts on recent developments ranging from OpenAIâs rocky GPT-5 release to the rising costs that businesses face when purchasing agents and other advanced AI.Taylor has... Read more âș
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Solana, the wild younger sibling of the crypto world, wants to be taken seriously. Best known for memecoins and its connection to crypto exchange FTX, the blockchain is getting close to breaking into mainstream finance. The U.S. Securities and Exchange Commission, which has turned crypto-friendly under President Donald Trump, is expected to approve exchange-traded funds that will hold solana tokens by mid October, according to Bloomberg ETF analyst James Seyffart,... Read more âș
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Canva launched an employee stock sale that values the Australian design software startup at $42 billion, up from $32 billion in a secondary sale deal last year. The deal allows employees to cash out shares to new and existing investors including Fidelity and JPMorgan Asset Management, Bloomberg ... Read more âș
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Could the artificial intelligence business develop like cable TV or cellular, where the real money is made by apps running on top of internet pipes, rather than by the telecom firms that spent billions building those pipes? That would be a big deal for AI. It implies that AI agent developers will end up more profitable than AI model makers, like OpenAI, which are spending billions on AI development costs.... Read more âș
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It wasnât the message I expected to hear from Bret Taylor, a veteran Silicon Valley executive and, yesâan artificial intelligence startup founderâas I interviewed him on The Informationâs TITV to discuss his latest startup, Sierra. Taylor, more than anyone else I know in the tech industry, has straddled both big and small tech. I first met him when he was working on a startup called FriendFeed, which he sold to... Read more âș
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Every episode of Bella Freudâs video podcast begins the same way: A doorbell rings, and she welcomes a guestâranging from supermodel Kate Moss to designer Christian Louboutinâto lay down on a couch in her London home.  A camera attached to the couch captures a flattering angle of the personâs face from above. The setup is a tongue-and-cheek nod to Freudâs family history. The 64-year-old fashion designer is the great granddaughter... Read more âș
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Google unveiled its new lineup of Pixel phones, watches and earbuds on Wednesday, touting new AI and camera capabilities in a creator-studded lineup hosted by the comedian Jimmy Fallon. The standout new feature was âMagic Cue,â which uses Google AI to draw information from different apps on a ... Read more âș
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13.05.2026 20:53
Last update: 20:30 EDT.
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