Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›
81
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 wouldn’t compete directly with AI chips from Nvidia and AMD, but it would compete with chips made by customers like ... Read more ›
0
Artificial intelligence agents designed to make decisions for their customers are all the rage. But as companies developing agents make their pitches, they’re going to have to figure out how to quell customers’ 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 ›
0
Inexorable, overhyped, underappreciated: These are the seemingly mutually exclusive adjectives The Information’s 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 Information’s 121 survey participants are still in... Read more ›
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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 Databricks’ database will be able to work with data from SAP applications for the first time. The agreement, which is ... Read more ›
0
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 app’s future in the U.S. At the meeting, Chew also discussed another priority: To continue shedding layers and overlapping roles within TikTok. “We have to review our teams. We have to remove unnecessary layers,” Chew said during the all-hands meeting... Read more ›
0
A group of news and magazine publishers, including Condé 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 ›
0
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 ›
0
Meta Platforms has been this year’s artificial intelligence darling. The Facebook and Instagram parent’s shares are up roughly 24% so far in 2025, despite CEO Mark Zuckerberg’s declaration last month that the company would lift capital expenditures 60%, mostly to pay for AI development. The rally in Meta’s stock contrasts sharply with the anemic stock performance of other tech companies with similarly lavish AI capex plans, like Google, Microsoft and... Read more ›
0
Apple continues to work with Baidu to develop artificial intelligence features for iPhone users in China even after onboarding new partner Alibaba Group, according to two people with direct knowledge of the matter. Specifically, Baidu has been developing an AI-powered search feature that can ... Read more ›
18
Elon Musk will withdraw his $97.4 billion takeover bid for the nonprofit that controls OpenAI if the artificial intelligence company’s board agrees to halt its planned conversion to a for-profit company, according to a court filing. If OpenAI’s board is “prepared to preserve the charity’s ... Read more ›
0
Alibaba chairman Joe Tsai on Thursday confirmed a report by The Information that it was working with Apple to offer artificial intelligence features for iPhone users in China. Tsai, who was speaking at the World Government Summit in Dubai, said his company felt “very fortunate” and “extremely ... Read more ›
0
Aurora Innovation, an eight-year old company developing software and hardware to operate self-driving freight trucks, said Tuesday that it will start disclosing revenue this year as it launches a fleet of commercial vehicles in Texas. The Pittsburgh-based company on Tuesday said its operating ... Read more ›
0
Oh, to be young again. That must be what folks at Google and Meta Platforms think when they look at the two digital-ad rocket ships of the past 12 months, AppLovin and Reddit. (Sure, Reddit is 20 years old, but it’s relatively new to the ad market.) That youth is demonstrated by how much their businesses, and their stocks, exploded last year.We got a taste of that on Wednesday, when... Read more ›
0
After burning $5.6 billion in cash last year, Anthropic said it would reduce that amount by nearly half in 2025 and projected up to $3.7 billion in revenue for the year as it gains on OpenAI, according to two people who have viewed the company’s figures. Anthropic is also projecting that its revenue could grow to as high as $34.5 billion in 2027. Read more ›
2
Reddit reported 71% growth in fourth quarter revenue to $427.7 million, underpinned by 60% growth in ad revenue. Net profit jumped nearly 300% to $71 million. But the social media firm’s stock price dropped 15% in after hours trading, likely reflecting concerns about Reddit’s user growth, ... Read more ›
0
President Donald Trump has nominated Brian Quintenz to be the next chairman of the Commodity Futures Trading Commission, the federal regulatory agency that oversees U.S. derivatives markets, Quintenz said in a post on X. Quintenz is currently the head of policy for Andreessen Horowitz’s crypto ... Read more ›
0
AppLovin shares jumped nearly 30% in after-hours trading Wednesday after the mobile gaming giant reported revenue growth of 44% in the fourth quarter, topping the company’s own forecast as advertising revenue surged. The company, which generates revenue from placing ads in mobile games and apps ... Read more ›
0
Since its launch in 2020, soda startup Poppi has used social media and viral trends to spread the word about its low calorie sodas. It’s also made attention-grabbing partnerships with creators a big piece of its strategy. The brand hosted influencer Alix Earle in a Poppi-themed house at Coachella last year to promote the launch of its lemon lime flavor, for instance.  But sometimes those big splashes can unexpectedly backfire,... Read more ›
0
Robinhood reported fourth-quarter revenue of $1.01 billion, more than double the same period a year earlier, driven by a surge in crypto trading. The trading app’s shares rose 12% in post-market trading. Robinhood said crypto revenue was $358 million in the quarter, up over 700% from a year ... Read more ›
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Crypto has been in the spotlight since the election of President Donald Trump, who has promised to ease regulations and make the U.S. the crypto capital of the world. What the crypto industry probably didn’t anticipate, however, is that Trump himself would also be at the center of a new mania—meme coins—that’s stoking trading frenzies as well as crypto-skeptic scorn. In a call with subscribers, The Information founder and CEO... Read more ›
0
Most popular sources
Business Insider
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19% 21 |
Tom's Hardware
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10% 21 |
Gizmodo
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9% 9 |
Engadget
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8% 6 |
Eurogamer.net
|
6% 5 |
| View sources » | |
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11.11.2025 06:13
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