OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billion in a funding round, told investment bankers in recent weeks that it is getting ready to move off the sidelines and do more acquisitions, according to people who have spoken to its executives. It is considering... Read more ›
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An investor group including Saudi Arabia’s PIF, Silver Lake and Jared Kushner’s Affinity Partners is buying Electronic Arts for $55 billion in cash, or $210 a share, a significant premium to where the videogame giant has been trading in recent years. Electronic Arts is one of the most prominent ... Read more ›
0
Elon Musk has been paying closer attention to his artificial intelligence company, xAI, over the past few months, pushing staff to move as quickly as possible to catch up with rivals like OpenAI and Anthropic. The xAI CEO’s increased involvement has led to frequent reorganizations, demotions and firings on the teams building the company’s AI models and products. At the same time, xAI has been integrating the social media site... Read more ›
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ByteDance will maintain operations of the commercial functions of TikTok’s U.S. business such as advertising and e-commerce, while the new U.S. TikTok joint venture recently unveiled by President Donald Trump will manage the app’s data and algorithm in the U.S., Reuters and Chinese media outlet ... Read more ›
0
Black Forest Labs, a German startup that focuses on image generation, is seeking to raise between $200 million and $300 million in a fundraising round that would value the company at $4 billion, the Financial Times reported. The one-year-old company previously raised funds at a $1 billion ... Read more ›
0
Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence, is in talks to buy data management company dbt Labs, according to people with direct knowledge of the deal. The deal would combine two data companies that are facing competition ... Read more ›
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Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence, is in talks to buy data management company dbt Labs, according to people with direct knowledge of the deal. The deal would combine two data companies that are facing competition from artificial intelligence. Fivetran and dbt Labs have complementary offerings and the deal could give them the scale to compete in a fast-changing market... Read more ›
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Welcome, Weekenders! In this newsletter:Welcome, Weekenders! In this newsletter:• The Big Read: Mira Murati’s enigma machine • Artificial Intelligence: Nvidia’s AI stimulus plan• Plus, our Recommendations: “Desk Set,” “Mission Accomplished” and “It’s Only Drowning”When you’ve worked in an industry for a while, you learn its rhythm. For years, tech and business journalism had one. Big private tech companies would announce major new fundings every two years or so. They’d unveil... Read more ›
0
Even by the standards of one of the most prodigious dealmakers in tech, the past month or so has been a head-spinning one for Nvidia’s Jensen Huang. Just in September, Nvidia agreed to buy any unused Nvidia graphics processing units that cloud provider CoreWeave doesn’t sell to other customers over the next seven years, a deal potentially costing Nvidia around $6.3 billion. It also invested $700 million in U.K. data... Read more ›
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This week’s biggest business headlines should convince you: One of the most interesting non-founders in tech or finance is Silver Lake’s Egon Durban.First, the under-the-radar tech investor squeezed into the middle of the Trump administration’s deal to split TikTok from its Chinese parent company, and at a seemingly bargain-basement price. Today, Silver Lake is said to be nearing a $50 billion take-private of video game maker EA, which would be... Read more ›
2
President Donald Trump has called on Microsoft to fire its head of global affairs, Lisa Monaco, over her ties to the Democratic Party. In a rambling post on Truth Social, Trump claimed Monaco was a “menace to U.S. National Security” and cited “the major contracts that Microsoft has with the ... Read more ›
5
As artificial intelligence developers increasingly rely on reinforcement learning to improve their models, investors are funding startups that focus on helping businesses utilize the technique to automate more tasks. In the latest example, Applied Compute, founded in May by three former OpenAI staffers, is in talks to raise new funding at a $500 million valuation just three months after a round that valued it at $100 million, according to people... Read more ›
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TikTok’s Chinese parent company, ByteDance, could get as much as 50% of the profits from TikTok’s U.S. business, even after the U.S. arm is split off from ByteDance and sold to a group of investors, Bloomberg News reported Friday. ByteDance is due to take a stake of just under 20% in a new ... Read more ›
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Electronic Arts, the company behind popular video games such as FIFA, Madden football and The Sims, could announce a deal to sell itself to investors including Silver Lake, Jared Kushner’s Affinity Partners and Saudi Arabia’s sovereign wealth fund as soon as next week, The Wall Street Journal ... Read more ›
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The rise of artificial intelligence services saved Google from a breakup in its search antitrust case earlier this month. Google’s lawyers seem to be hoping AI might do the same for the second antitrust case the company faces, related to its ad tech business. In April, a Virginia judge found Google had a monopoly in the portion of its ad tech business that helps independent websites sell ad space. This... Read more ›
0
Anthropic said Friday it has hired Chris Ciauri, a former Google Cloud executive, to lead its international expansion as its new managing director of international. Ciauri joins the company as its international activity has boomed, with nearly 80% of the consumer usage of its Claude chatbot ... Read more ›
0
This summer, Meta Platforms offered multiple researchers at artificial intelligence startup Thinking Machines Lab sizable compensation packages to join its new AI lab. When all of the researchers declined the offers, Thinking Machines CEO Mira Murati sent a flattering news report about Meta’s attempted raid to her staff over Slack. At the same time, Murati—until a year ago chief technology officer of OpenAI—cautioned Thinking Machines staffers that there was no... Read more ›
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The Trump administration is considering requiring companies to produce the same number of chips domestically as they import from overseas, with non-compliant companies facing tariffs, according to The Wall Street Journal, citing people familiar with the matter. The policy would create ... Read more ›
0
Human Interest, a startup that manages employer retirement accounts, is in talks with investors to raise about $200 million at a valuation of close to $3 billion, more than doubling its valuation from a fundraising a year ago, according to a person with direct knowledge of the fundraising. The decade-old startup provides employers with 401(K) account management services. It recently generated more than $150 million in annual recurring revenue, according... Read more ›
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Talk about a fire-sale price. That’s the only way to describe the $14 billion valuation we learned today is being put on TikTok U.S. in the Trump administration–orchestrated sale of the app. Given what we’ve reported about TikTok parent ByteDance’s revenues, and our guesstimate about how much came from TikTok, the valuation may be less than one times revenue. For a business growing as quickly as TikTok has been, that’s... Read more ›
0
Cloudflare, a $76 billion company that powers major websites, said it plans to launch a U.S. dollar-backed stablecoin that will be used in AI-powered transactions. The stablecoin is the first by a major tech firm after the passage of stablecoin legislation in July. The stablecoin, called ... Read more ›
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Business Insider
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37% 8 |
Gizmodo
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11% 6 |
Tom's Hardware
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10% 3 |
MacRumors
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8% 4 |
Slashdot
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5% 4 |
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25.10.2025 20:55
Last update: 20:50 EDT.
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