Positron, a developer of artificial intelligence chips that compete with Nvidia’s, raised $11 million from Flume Ventures, Valor Equity Partners and Atreides Management, all of which are known for backing hardware firms, The Information reported. Valor and Atreides have invested in companies ... Read more ›
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Here’s a question: If you had to choose between Sam Altman and Elon Musk as the best person to safeguard the future of humanity, who would you pick? It’s a tough choice—you can be forgiven if you say neither. A (slightly) easier question is: If you had to pick one of them to run OpenAI, who would it be? Conventional wisdom is that a Musk-led group’s bid for OpenAI on... Read more ›
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Lyft’s stock dropped 11% in after-hours trading after the company forecast gross bookings for its ride-hailing and bike rental business will slow in the current quarter as winter weather and lower pricing weigh on sales. The San Francisco company said revenue for the fourth quarter rose 27% year ... Read more ›
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Food delivery service DoorDash reported on Tuesday 25% growth in revenue in the fourth quarter, in line with the third quarter growth rate. The company posted net income of $141 million, a big swing from the $154 million it lost in the corresponding quarter a year ago. The quarter also showed ... Read more ›
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Will a private tech company reach a $1 trillion valuation in the coming years? It’s not a ridiculous question. A couple of companies seem like potential candidates. OpenAI is closing in on $300 billion in its financing with SoftBank, and SpaceX recently shot to $350 billion. Read more ›
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TikTok now has 53 days to figure out a deal to keep it alive in the U.S.—otherwise it will have to go dark again under a law passed last year. While President Donald Trump delayed enforcement of that law until early April and has signaled he wants to find a way for TikTok to stay in the U.S., it’s worth looking at what happened to the video app’s staff and... Read more ›
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Meta Platforms is in talks to buy South Korean AI chip startup FuriosaAI, according to Forbes. If the talks progress, such an acquisition would give Meta more firepower in its efforts to develop custom chips. Founded in 2017, FuriosaAI is reportedly holding discussions with multiple companies ... Read more ›
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Two artificial intelligence trends have converged at Pinterest: the growing usefulness of AI in improving advertising, and how falling costs of such technology can benefit large application developers more than other types of companies.Pinterest is a bit of a rarity in AI. For years, the online scrapbooking company has trained its own AI models to power content recommendations and advertising technology, but it’s also now a major buyer of AI... Read more ›
2
E-commerce software giant Shopify warned on Tuesday that its free cash flow margin could shrink to the mid-teens in the first quarter, down from 22% in the fourth quarter. Executives attributed the outlook to marketing spending to drive growth, faster growth in the company’s payments business ... Read more ›
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You've got to hand it to Elon Musk: He is great at getting attention for his causes. In the latest example, the OpenAI cofounder-turned-rival made a $97.4 billion bid for the assets of OpenAI’s nonprofit—namely, control over the OpenAI for-profit arm that runs ChatGPT. This is all part of Musk’s monthslong effort to stop the for-profit from getting out from under the control of the nonprofit by converting to a... Read more ›
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Apple has recently started working with Chinese internet and e-commerce giant Alibaba Group to roll out artificial intelligence features in China, according to one person with direct knowledge of the decision. The move is part of Apple’s strategy to offer more compelling software features to counter declining sales in the country, where it faces increasing competition from domestic brands like Huawei and Vivo. Apple and Alibaba have submitted the Chinese... Read more ›
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Shortly after Elon Musk made a surprise $97 billion bid for OpenAI’s assets on Monday, its CEO Sam Altman told staff in a message that its board of directors intends to make clear it has no interest in Musk’s “supposed ‘bid’” and that the offer wasn’t in the interest of OpenAI’s mission to develop advanced artificial intelligence for all of humanity, according to a person who saw the message. The... Read more ›
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Stripe is considering arranging a sale of shares held by employees that would value the company at $85 billion or more, according to a person who has spoken to the company. The transaction would extend a series of share buybacks, secondary sales and fundraises that have lifted the payments provider’s valuation close to its $95 billion peak, which it reached in a 2021 fundraise. These financings have allowed the 15-year-old... Read more ›
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Elon Musk’s ability to multitask has got to be one of his superpowers. In the past couple of weeks, he’s been all in on his contentious DOGE cost-cutting campaign for the Trump administration, a task he’s handling in addition to his CEO roles at Tesla and SpaceX. Today comes the news, first reported by The Wall Street Journal, that he’s also leading a consortium bidding $97.4 billion for the OpenAI... Read more ›
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Meta Platforms is overhauling how it protects user privacy when developing products so the company can release products more quickly, The Information reported. As part of the changes, Meta’s privacy teams will have less authority to delay product launches. Instead, product teams will make the ... Read more ›
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Lyft plans to launch robotaxis equipped with self-driving technology supplied by Intel’s Mobileye in Dallas next year, Lyft CEO David Risher said Monday in a post on X. Japanese auto and fleet financing company Marubeni will provide the cars. Riders will be able to request autonomous vehicle ... Read more ›
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Fintech startup Plaid has hired Goldman Sachs to arrange a sale of shares held by employees and early investors, according to a person close to the company. The share sale, of $300 million to $400 million, will help offset taxes associated with employees’ expiring restricted stock units, ... Read more ›
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France President Emmanuel Macron said in an interview with France 2 TV Sunday that he expects companies and funds to invest $100 billion in artificial intelligence projects in the county. That kind of investment could help ensure AI companies in the country remain competitive by expanding ... Read more ›
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OpenAI CEO Sam Altman on Monday appeared to reject an unsolicited takeover bid from a group of investors led by Elon Musk. Musk and the investors, including his AI developer xAI and some its backers such as Baron Capital Group, Valor Management and Vy Capital, offered $97.4 billion to ... Read more ›
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Is going “bare metal” in data centers the future for cloud computing? If so, it could signal a shift away from big cloud firms toward a new group of AI computing startups.Bare metal isn’t a subset of rock music but an industry term for renting servers to cloud customers on terms that give them access to the hardware, allowing customers to control servers directly and run their own operating software.... Read more ›
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13% 4 |
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Android Authority
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8% 3 |
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7% 1 |
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12.11.2025 04:36
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