Microsoft said Wednesday its revenue grew 12% in the fourth quarter of 2024 compared to the same period a year earlier—four points slower than its third quarter growth—as growth in its Azure cloud server rentals also slowed for the second consecutive quarter. Still, the company said revenue from ... Read more ›
0
OpenAI has found evidence that the Chinese firm behind DeepSeek, a powerful new open-source artificial intelligence, developed the AI using information generated by OpenAI’s models, according to OpenAI employees. Firms such as OpenAI forbid such practices, known as AI model distillation, but ... Read more ›
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Venture firm 8VC, known for its early investment in defense startup Anduril and growth stage check in corporate expense startup Ramp, has filed paperwork indicating it plans to raise $998 million for its sixth fund. The Austin-based firm’s last fund was an $880 million vehicle that was raised in ... Read more ›
0
Meta Platforms is considering testing DeepSeek, the Chinese artificial intelligence models that have upended the AI industry and stock market, in its generative AI tools for advertisers, according to a Meta employee. Meta’s move to consider DeepSeek for its products is surprising because the ... Read more ›
0
As questions swirl about whether super-cheap-yet-high-quality Chinese artificial intelligence threatens American-made AI, a new data point suggests OpenAI has some major advantages, relative to its compatriots.We reported Tuesday that OpenAI leaders recently made comments implying that ChatGPT Pro subscriptions—which cost $200 per month, or 10 times more than regular subscriptions—are currently generating at least $25 million in revenue per month, or at least $300 million on an annual basis. That... Read more ›
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Seagate Technology and Western Digital Corp. may be best known for selling hard drives for personal computers, which means they’re likely not the first names that come to mind when one thinks of companies that will benefit from artificial intelligence investments. That mindset may be out of date. In recent years, Seagate and WDC have focused their businesses on selling hard disk drives for data centers to cloud firms such... Read more ›
1
Apple plans to make iPhones compatible with SpaceX’s Starlink satellite internet service, which works in remote areas that don’t have reliable terrestrial networks, Bloomberg reported. Apple has been working with SpaceX and T-Mobile to add support for Starlink to its latest iPhone ... Read more ›
0
Did we miss the memo that ByteDance has retained Donald Trump to sell TikTok? It’s easy to get that impression, given how enthusiastic he is in talking up TikTok’s salability. He claimed on Monday that “a lot of people” are going to bid on the app, and that Microsoft was already in talks to buy it. Does Microsoft know that?Maybe Trump is telling the truth about the software giant’s interest.... Read more ›
0
Uber CEO Dara Khosrowshahi gave the tidiest summation six years ago for why tech CEOs have made countless 11-hour flights from San Francisco to Tokyo to court SoftBank’s Masayoshi Son: “Rather than having their capital cannon facing me, I’d rather have their capital cannon behind me, all right?” Sam Altman was the latest to make the pilgrimage to Son’s Tokyo mansion, and it was worth the trip. SoftBank will be... Read more ›
6
Direct-to-consumer brand Quince said Tuesday it raised $120 million in new funding in a round led by Notable Capital and Wellington Management. The company, which sells low priced versions of high-end apparel and accessories, like $50 cashmere sweaters, said in a LinkedIn post the ... Read more ›
0
Skild AI, which develops artificial intelligence software to power robots, is in talks to raise funds from SoftBank at a $4 billion valuation, the Financial Times reported. The round would add to the ambitious AI investments that SoftBank has pursued under its CEO Masayoshi Son, who is planning ... Read more ›
0
TikTok’s roughly 12-hour shutdown earlier this month, however brief, was a reality check for businesses built around the app. Before that, many brands and creators that sell goods on TikTok’s shopping service, TikTok Shop, had been kicking the can down the road on what to do if the app disappeared. Nicole Rechtszaid, the founder of Ghost Agency, a firm that has helped brands like Alo Yoga, Phix skincare and Final... Read more ›
1
Revenue from OpenAI’s most expensive subscription tier of ChatGPT has surpassed revenue the company generates from customers of the artificial intelligence chatbot who are part of business team subscriptions, OpenAI leaders recently told some shareholders. The precise figure couldn’t be learned, ... Read more ›
0
The DeepSeek open-source reasoning model, R1, has barely been out for a week, but businesses are already champing at the bit to use the Chinese model in their products because it’s so cheap compared to American ones.Take ZoomInfo, a provider of data about businesses, which its customers use as sales leads. The company already found that it could cut certain AI costs two-thirds by replacing OpenAI’s o1 reasoning model with... Read more ›
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Meta is transferring oversight of Reality Labs’ business operations to Meta Chief Operating Officer, Javier Olivan, away from Reality Labs’ Chief Operating Officer, Dan Reed. Meta’s chief technology officer and the head of Reality Labs, Andrew Bosworth, announced a major reorganization of ... Read more ›
3
Microsoft is one of the companies in talks to acquire TikTok’s US operations, President Donald Trump told reporters on Monday, adding that he wants a “bidding war” between US firms to acquire the app. After a law requiring the Chinese-owned to sell its US operations to an American company or ... Read more ›
0
A UK government watchdog recommended that the nation’s top regulator investigate Microsoft and Amazon on antitrust grounds, according to a report published Tuesday. The report found that Microsoft and Amazon each control about 40% of the country’s cloud computiung market, while Google is the ... Read more ›
0
OpenAI announced on Tuesday a new version of its ChatGPT chatbot, called ChatGPT Gov, targeted at government agencies, according to a blog post. Government agencies will be able to use ChatGPT Gov more securely in their own private Azure clouds, the post said. The new chatbot will also include ... Read more ›
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The Federal Trade Commission has spoken with representatives from China-founded e-commerce site Temu about Amazon’s pricing policies, according to two people familiar with the outreach. The U.S. antitrust regulator’s outreach came after The Information reported in December that Amazon had begun ... Read more ›
0
If you spent any time yesterday or this weekend on X, you might have concluded that AI developers, venture capitalists, Nvidia and cloud providers are totally screwed, thanks to new uber-cheap and impressive AI models from High-Flyer Capital Management, a Chinese hedge fund.The truth is a lot more nuanced, though, and there are still a lot of questions we have yet to answer. The TL;DR is that the success of... Read more ›
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Android Authority
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12.11.2025 12:29
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