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 ›
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OpenAI’s artificial intelligence for writing software code has fueled a multibillion-dollar revenue business, with human programmers using the company’s ChatGPT as a coding helper. Now the company is working on AI to help senior software engineers handle more complex programming tasks, a key step in the company’s attempt to develop artificial general intelligence that outperforms people at most economically valuable work, according to three people who spoke to OpenAI leaders... Read more ›
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TikTok got a second life after President Donald Trump extended the deadline for the app to find a U.S. buyer by another 75 days. But its future remains far from clear, given questions about whether Trump, ByteDance and the Chinese government will eventually agree on a deal. And that means rivals, creators and advertisers will be in limbo for a while. “I just think there’s going to be uncertainty around... Read more ›
0
Reddit and Snap, taking advantage of uncertainty about TikTok’s future, are offering discounts to advertisers who spend more on their apps. Snap for instance is offering 20% back in free ad spend to advertisers, three media buyers said, for brands that spend more than $100,000, two added. ... Read more ›
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OpenAI is preparing to release a new ChatGPT feature this week that will automate complex tasks typically done through the Web browser, such as making restaurant reservations or planning trips, according to a person with direct knowledge of the plans. The feature, called “Operator,” ... Read more ›
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Oracle’s founder and chief technology officer, Larry Ellison, is in the center of tech action more than at any time in the past 30 years, thanks to the company’s role in artificial intelligence and TikTok. But it’s not clear that Oracle has the resources to stay in the game. Even before Tuesday’s announcement by President Donald Trump that Oracle would participate in a $500 billion AI data center venture, Oracle’s... Read more ›
0
Ten months ago, we broke the story that OpenAI and Microsoft were discussing “Stargate,” an unprecedented $100 billion data center supercomputer to take artificial intelligence to new heights. On Tuesday, Stargate finally became official—but largely without Microsoft.At the White House on Tuesday, the leaders of OpenAI, Oracle and SoftBank said they’d formed a joint venture to initially spend $100 billion developing data centers for artificial intelligence in the U.S., with... Read more ›
0
Investor frenzy for artificial intelligence startups, which made up a third of global venture spending last year, shows no signs of slowing down—particularly when young startups have rapid revenue growth. One of the latest to nail a big jump in valuation is Together AI. The two-year-old startup, which rents out servers to AI developers and provides software to train and run open-source models, recently raised at least $200 million at... Read more ›
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said he expected a deal to help TikTok avoid a ban would get done, Axios reported. Ford was speaking from Davos, according to Axios, which quoted him saying: “We’ll get on with it, as soon as maybe the end of the week ... Read more ›
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Google employees provided access to the company’s artificial intelligence directly to Israel’s Ministry of Defense and the Israel Defense Forces, The Washington Post reported on Tuesday. Google’s relationship with Israel, under the Project Nimbus cloud computing contract that has also been ... Read more ›
0
Oracle founder and chairman Larry Ellison is suddenly the tech executive in the center of the action. Not only did Oracle bring back TikTok on Sunday, the aging tech firm also got a headline role, along with SoftBank and OpenAI, in President Donald Trump’s Tuesday announcement of an artificial intelligence data center project that will cost up to $500 billion over the next four years. Trump’s admiration for Ellison was... Read more ›
0
President Donald Trump said he would be open to Tesla CEO Elon Musk and Oracle co-founder and CTO Larry Ellison buying TikTok, which is facing a ban in the U.S. if it doesn’t separate itself from its Chinese parent ByteDance. “I’d like Larry to buy it, too,” Trump said, noting that he had met ... Read more ›
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The AI hype machine got another boost last week when Goldman Sachs CEO David Solomon said artificial intelligence could produce the key document for an initial public offering that’s essentially “95% of the way there in just a few minutes.” Solomon might have been trying to scare Wall Street's high-priced bankers and lawyers. If that's true, they're buying little of it. At least, not yet. Read more ›
0
Seagate Technology, which makes hard drives for data storage, saw its stock price rise by 4% shortly after it reported a 50% increase in revenue to $2.3 billion in the December quarter. Seagate CEO Dave Mosley attributed the uptick in large part to growing demand for data storage products from ... Read more ›
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Microsoft will no longer be OpenAI’s exclusive cloud provider, but will still have “right of first refusal” over OpenAI’s new cloud deals, the company said Tuesday. The change to that agreement came as the CEOs of OpenAI and Oracle announced a new artificial intelligence data center venture ... Read more ›
0
Instagram is offering some TikTok creators cash bonuses ranging from $10,000 to $50,000 per month or more to post exclusive videos to Reels, according to people with direct knowledge of the conversations. The creators can’t post those videos to other rival apps for a certain period of time, such ... Read more ›
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Well, a lot has happened since we last sent out this newsletter! Although TikTok is back online for existing U.S. users, its future is far from certain. We’ll be watching to see if the Google and Apple app stores decide to reinstate the video app—and how Trump’s executive order that promises he won’t enforce the ban-or-divest law for 75 days plays out. Amid all the chaos, TikTok’s rivals are pouncing.... Read more ›
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Netflix added a staggering 19 million members in the fourth quarter, lifting its total membership to 302 million globally, the best quarter for new subscribers it has ever had. The company’s stock price jumped 10% in after-hours trading. The bonanza quarter, which involved growth of between 4 ... Read more ›
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President Donald Trump is preparing to announce that OpenAI, Softbank and Oracle are planning a joint venture to invest in building data centers for artificial intelligence in the U.S., according to a CBS News report. The report said Softbank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle ... Read more ›
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Microsoft and Google’s injection of generative artificial intelligence features into apps like Docs and Word is just the start of a dramatic shift for enterprise apps in the coming years, says Shishir Mehrotra, CEO of Grammarly, which develops writing assistant software.Instead of a chatbot like Google’s Gemini or Microsoft’s Copilot that responds to customers’ questions, Mehrotra says the future of productivity software involves AI bots that will proactively suggest information... Read more ›
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Stablecoin giant Circle said on Tuesday it is acquiring Hashnote, a firm that puts money market funds on blockchain, in a deal that will allow Circle to offer a stablecoin alternative that pays out interest—an attractive area for investors while interest rates remain high. That could give ... Read more ›
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Business Insider
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11% 4 |
Android Authority
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9% 3 |
Tom's Hardware
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8% 1 |
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6% 1 |
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11.11.2025 20:14
Last update: 19:55 EDT.
News rating updated: 03:01.
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