Meta Platforms on Friday said projected capital expenditures would rise around 60% this year to between $60 billion and $65 billion as the company develops more data centers for artificial intelligence, according to a Facebook post from CEO Mark Zuckerberg. The company had projected to spend ... Read more ›
30
The Securities and Exchange Commission rescinded a Biden-era crypto accounting guidance that banks said have curbed their ability to provide custody of crypto assets. The earlier guidance—staff accounting bulletin No.121—directed public companies to record clients’ crypto assets as a liability ... Read more ›
0
On this week's More or Less: Silicon Valley goes to Trump's inauguration and the truth behind Stargate. Apple Spotify YouTube Episode Transcript Read more ›
0
Influencer marketing startup ShopMy raised $77.5 million in fresh funding from investors including Bessemer Venture Partners and Bain Capital Ventures, the company said Friday, as demand for tools to help brands strike promotional deals with creators surges. The funding boosts ShopMy’s valuation ... Read more ›
2
On the ground floor of a nondescript condo building in east Austin last month, the wife-and-husband co-founders of Poppi made good on a promise they made to me: that they would offer me a taste test of their beverage company’s in-the-works flavors. It wasn’t quite like getting access to the secret Coca-Cola recipe, but it was as close as it comes at Poppi. “Take a sip,” instructed co-founder Allison Ellsworth,... Read more ›
32
In the summer of 2022, a year after becoming CEO of Amazon, Andy Jassy wanted the executives running the company’s Prime Video business to tell him why it was spending billions of dollars a year on expensive shows such as “Lord of the Rings: The Rings of Power” and “Citadel.” At an annual planning meeting, Jassy showed particular annoyance about the costs of “Citadel,” a spy-action series whose budget had... Read more ›
0
It’s a good bet that President Donald Trump cares a lot more about TikTok than Chinese President Xi Jinping does. That suggests the Chinese leader will have some bargaining leverage over Trump in whatever discussions the two have about the fate of the ByteDance-owned app. You can just imagine Xi pressing for big concessions on tariffs or Chinese access to U.S. technology in exchange for letting a U.S. company buy... Read more ›
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White House advisers including Michael Kratsios and David Sacks will submit an artificial intelligence plan to the president in 180 days, per an executive order that President Donald Trump issued Thursday. The action plan will focus on economic competitiveness, national security and “human ... Read more ›
0
Nikola, a Phoenix, Ariz.-based developer of electric and hydrogen-powered semitrucks, is looking for ways to stave off a cash crunch, including selling parts of its business or the entire company, Bloomberg reported Thursday. The company’s share price dropped 28% after Bloomberg’s report was ... Read more ›
0
As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals developing artificial intelligence. And he was facing a legal challenge from one of his biggest foes, Elon Musk, who had forged a close bond with incoming President Donald Trump. On Tuesday, Altman engineered a blockbuster data center deal... Read more ›
105
As uncertainty around TikTok’s future has built for months, some U.S.-based employees at the short-form video app have left for other companies. Nearly one in ten of those departures have been to Meta Platforms, the parent of Instagram and Facebook, according to a new analysis from Live Data Technologies, which tracks personnel movements based on public information on job changes. The data includes more than 800 departures of U.S. TikTok... Read more ›
0
President Donald Trump signed an executive order on Thursday to promote digital assets in the U.S., including evaluating the possibility of creating a national digital asset stockpile. The executive order also creates an interagency working group to propose a federal regulatory framework for ... Read more ›
0
Goldman Sachs elevated three dealmakers to the top of its tech investment banking division on Thursday, according to an internal memo, part of an effort to push a new generation of bankers up its ranks. The bank named Jung Min and Barry O’Brien global co-heads of the technology, media and ... Read more ›
0
OpenAI announced a new ChatGPT feature called “Operator” that will automate complex tasks typically done through the Web browser, such as planning trips or ordering groceries. The announcement, in a blog post on Thursday, confirmed earlier reporting in The Information. With Operator, users ... Read more ›
0
OpenAI’s development of an “agent” to automate the work of a senior software engineer—which my colleagues scooped yesterday—will raise the stakes in an already competitive market for AI coding tools. But OpenAI still has to overcome a major data problem before such a product can become widely available.While the internet is full of coding examples for training models, there is a dearth of information on how senior engineers turn a... Read more ›
36
Seattle-based venture capital firm Madrona Ventures, an early backer of Amazon and Snowflake, has some strong takes on where artificial intelligence is going next—and fresh capital to back them up.The firm, which turned 30 this year, has raised $770 million for new funds to invest in private AI, cloud and software companies. Madrona raised $495 million for early-stage startups, which it plans to invest across 30 companies, and $275 million... Read more ›
21
Readers of The Information are sharply divided on the future value of OpenAI, with roughly one-fourth expecting the value of the ChatGPT maker to soar past $500 billion in three years—and an almost equal number expecting it to plunge below $100 billion. OpenAI was most recently valued at $157 billion in October. Separately, readers are more optimistic about the outlook for tech companies than at any time since February last... Read more ›
42
When OpenAI previewed o3, its latest reasoning model, in December, one of the ways the company demonstrated its strength was by showing off its 25.2% score on FrontierMath, a test of AI models’ math abilities that Epoch AI developed. (You might remember Epoch, the nonprofit research organization, from their work on AI scaling laws.)That’s not the kind of grade I would have bragged about after taking a math test, but... Read more ›
6
The Kim Kardashian-founded private equity firm Skky Partners has taken a minority stake in high-end skincare brand 111Skin, the companies said Thursday. The deal marks just the second investment by Skky, which Kardashian founded in mid-2022 with Jay Sammons, who previously oversaw consumer ... Read more ›
0
It’s been four days since President Donald Trump’s White House return, and swift changes for the crypto industry are already underway. Securities regulators announced a task force to overhaul crypto regulation, while a top federal bank regulator said it would take a more open-minded approach to digital assets. Crypto executives are already seizing on the big shifts in attitude to expand their businesses and plan new kinds of crypto investments... Read more ›
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Business Insider
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21% 6 |
Slashdot
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13% 10 |
Gizmodo
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9% 0 |
Eurogamer.net
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8% 4 |
Tom's Hardware
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7% 1 |
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12.11.2025 14:46
Last update: 14:41 EDT.
News rating updated: 21:43.
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