Meta Platforms has hired ex-Cruise CEO Marc Whitten to lead a new division in its Reality Labs Department focused on AI-powered humanoid robots. The company has also brought on John Koryl, the former CEO of luxury retailer The RealReal, to help boost retail sales of its wearable devices. The ... Read more âș
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Over the past two years, the explosive growth of artificial intelligence has created a dilemma for tech behemoths: How can their data centers meet AIâs mind-boggling need for electricity without befouling the planet in the process? Amazon, for one, may have found an answer to that question 200 miles southeast of its headquarters, on a patch of sagebrush and tumbleweeds in Richland, Wash. A local public power agency, Energy Northwest,... Read more âș
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Around the time Jigar Shah became director of the loan programs office at the U.S. Department of Energy, his venture capitalist friends gave him an earful about the idea of investing in nuclear power startups. âLike, 20 of my best friends in 2021 told me, âJigar, we will never, ever in a million years invest in nuclear power,ââ said Shah, whose office doled out tens of billions of dollars in... Read more âș
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Nuclear isnât the only source of carbon-free power that has energized the tech industry. For years, solar and wind have been mainstays for tech companies looking to reduce the greenhouse gases emitted by their data centers and other operations. The tech industry is also forming partnerships to build power plants that use new technologies to tap geothermal energy, some of which are already operational. The most speculative, and promising, technology... Read more âș
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Some of the biggest U.S. banks are muscling into crypto services for big funds, investors and traders, taking advantage of fast-loosening regulations under President Donald Trump to launch digital asset versions of businesses they have long dominated. For now, most of the action involves the business of custody, or safekeeping crypto on behalf of investors. State Street, one of the worldâs biggest custody banks for stocks and bonds, is planning... Read more âș
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Getaround, a San Francisco-based short-term car rental company, is ceasing operations in the U.S. and laying off most of its U.S. based employees, according to a securities filing made last week. AJ Lee, the companyâs COO and interim CEO, will leave the company and will be replaced by interim ... Read more âș
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Airbnbâs stock rose 14% in after-hours trading after the company said revenue for the fourth quarter rose 12% to $2.5 billion, exceeding its revenue forecasts, and the fastest growth in three quarters. The short-term rental company said gross booking value, or the total value of customer sales, ... Read more âș
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Google has brought TikTok back to its Google Play app store nearly a month after removing it following a congressional ban, a spokesperson said on Thursday. It was not immediately clear what prompted the change. Apple also said it would restore TikTok to its app store on Thursday evening, ... Read more âș
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Coinbase ran a victory lap tonight, delivering boffo fourth-quarter numbers that capped a good year both business-wise and politically for the crypto giant. In a shareholder letter, Coinbase signaled its optimism for the future with the most predictable of cliches. Thanks to Donald Trumpâs election as president, âItâs the dawn of a new era for crypto.âŠThe era of regulation via enforcement that crippled our industry in the U.S. is on... Read more âș
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Artificial intelligence startups such as coding assistant Cursor and legal AI software-maker Harvey have become fundraising beasts, raising hundreds of millions of dollars in rounds just months apart. But some founders are bucking that trend, instead opting to âseed-strapâ their businesses, using revenue to expand operations after an initial round of venture capital. This approach appeals to entrepreneurs who donât want to cede much control to outside investors and are... Read more âș
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TikTok CEO Shou Zi Chew had some good news for employees at the companyâs all-hands meeting Wednesday nightâand then some less than stellar news.While its short-lived shutdown in the U.S. nearly a month ago hurt the business, the app has seen âpositive momentumâ since then, Chew said, adding: â100% of our ad campaigns that were paused as a result of this are now live.âWhatâs more, TikTokâs top 1,000 most-followed creators... Read more âș
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Coinbase, the largest U.S. crypto exchange, reported $2.3 billion in revenue for the fourth quarter, more than double from a year ago, driven by a market rally following the election of President Donald Trump in November. Net income surged to $1.29 billion, up from $273 million a year ago. ... Read more âș
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SoftBank-owned Arm has signed up Meta Platforms as a customer of a new server chip for cloud and artificial intelligence computing, the Financial Times reported. The chip wouldnât compete directly with AI chips from Nvidia and AMD, but it would compete with chips made by customers like ... Read more âș
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Artificial intelligence agents designed to make decisions for their customers are all the rage. But as companies developing agents make their pitches, theyâre going to have to figure out how to quell customersâ trust issues and skepticism. I could see this dynamic at Manifest, an e-commerce and logistics conference I attended in Las Vegas this week, where startups debuted AI agents to big potential customers such as DHL, Target and... Read more âș
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Inexorable, overhyped, underappreciated: These are the seemingly mutually exclusive adjectives The Informationâs readers use to describe cloud artificial intelligence in a recent survey (see methodology). The reason for these divergent opinions is the relatively early stage of cloud AI deployment, where success in cloud AI has not yet been fully defined, and the winners and losers have not yet emerged. Most of The Informationâs 121 survey participants are still in... Read more âș
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Databricks has inked a new partnership with SAP in which the German software giant will resell its database software to its corporate customers. The key part of the deal is that Databricksâ database will be able to work with data from SAP applications for the first time. The agreement, which is ... Read more âș
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TikTok CEO Shou Zi Chew said in a staff meeting Wednesday evening that he is working closely with the Trump administration to determine the best course of action for the appâs future in the U.S. At the meeting, Chew also discussed another priority: To continue shedding layers and overlapping roles within TikTok. âWe have to review our teams. We have to remove unnecessary layers,â Chew said during the all-hands meeting... Read more âș
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A group of news and magazine publishers, including CondĂ© Nast, The Atlantic and The Guardian, are suing AI firm Cohere for copyright infringement. Cohere, which has been valued at over $5 billion, focuses on selling AI to businesses. The lawsuit alleges that Cohere allows its users to see ... Read more âș
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After OpenAI released its reasoning models last fall, Google, Alibaba, High-Flyer Capital Management and others followed with their own. One prominent competitor, Anthropic, has been noticeably absent from the race. Now we know one reason: Anthropic is taking a slightly different approach to reasoning. It has developed a hybrid AI model that includes reasoning capabilities, which basically means the model uses more computational resources to calculate answers to hard questions.... Read more âș
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Meta Platforms has been this yearâs artificial intelligence darling. The Facebook and Instagram parentâs shares are up roughly 24% so far in 2025, despite CEO Mark Zuckerbergâs declaration last month that the company would lift capital expenditures 60%, mostly to pay for AI development. The rally in Metaâs stock contrasts sharply with the anemic stock performance of other tech companies with similarly lavish AI capex plans, like Google, Microsoft and... Read more âș
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Most popular sources
Business Insider
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24% 1 |
Gizmodo
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11% 3 |
Tom's Hardware
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9% 0 |
Slashdot
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8% 5 |
Android Authority
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7% 1 |
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12.11.2025 02:36
Last update: 02:25 EDT.
News rating updated: 09:30.
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