U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more ›
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Google will start rolling out AI Mode, its chatbot-style search tab, to all users in the United States starting Tuesday, search chief Liz Reid announced. The announcement was part of a bevy of AI product announcements at Google I/O, the company’s annual developer conference. Soon, Google Search ... Read more ›
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Microsoft, Salesforce and numerous startups have talked up the idea of an artificial intelligence–powered coach that gives feedback to salespeople about their pitches to customers. Databricks is one of the few companies to actually use such a product at scale. Earlier this year, the data-analysis software provider gave 1,000 employees in its sales group access to an AI sales coach from Yoodli, a small startup. Read more ›
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Elon Musk said he’s committed to remaining chief executive of Tesla for at least five years because he wants sufficient oversight of the car maker as it pivots to humanoid robots. Musk said he wanted “sufficient voting control such that I cannot be ousted by activist investors… It’s not a money ... Read more ›
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The European Union is planning to put a tax of 2 euros, or $2.25, on individual packages shipped directly to consumers from outside the bloc, the Financial Times reported Tuesday. That would represent a blow to low-cost online shops like Temu, Shein and Amazon’s Haul storefront, which are ... Read more ›
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How Elon Musk’s xAI plans to make money is one of the big questions in the AI world right now. Musk hasn’t said much and even investors in the company don’t seem to know many details, given the vague statements they made when asked about it at our Financing the AI Revolution conference last month. We have one answer: XAI plans to use data from government agencies to build AI... Read more ›
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For many merchants selling on Amazon, a 90-day pause in steep U.S. tariffs on China should be a chance to stockpile inventory. But Amazon has already grown cautious about letting goods pile up in its warehouses, as it tries to keep its massive logistics and commerce business running efficiently amid trade turmoil. In recent weeks, Amazon told some merchants it was cutting the amount of space they can use in... Read more ›
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Perplexity, the three-year-old startup that has raised nearly $900 million in just over a year, has been using some of its venture capital windfall to make acquisitions or hire staff from struggling startups, The Information reported Monday. The startup bought Sidekick, a six-year-old startup ... Read more ›
0
Biotechnology company Regeneron agreed to buy the assets of 23andMe, the DNA testing company that filed for bankruptcy in March, for $256 million. That’s just 4% of the San Francisco-based startup’s peak valuation as a public company in 2021. Publicly held Regeneron discovers new drugs using ... Read more ›
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Uh-oh. We’re in conference hell, one of those periods of the year when tech companies try to seize control of the news cycle with a seemingly never-ending stream of product announcements (many incomprehensible to ordinary folks) and/or partnership deals. Today Microsoft kicked off its Build developer conference (not to be confused with its Ignite conference in November). Tomorrow Google starts I/O. No one will be surprised that AI is the... Read more ›
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United Arab Emirates-backed investment firm MGX and France’s sovereign wealth fund are building a 1.4 gigawatt artificial intelligence data center near Paris they said will be the largest in Europe. MGX, France’s sovereign-wealth fund Bpifrance, Paris-based AI company Mistral and Nvidia formed a ... Read more ›
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Microsoft said Monday that xAI’s Grok artificial intelligence models were now available to buy through its cloud server unit Azure as it continues to try to diversify its AI business from OpenAI. Microsoft didn’t disclose the details of its financial arrangement with xAI. Microsoft shares 20% of ... Read more ›
0
Earlier today we published a deep dive on Perplexity’s financials. The three-year-old startup’s AI powered search engine has made it one of the most highly valued and fastest growing AI startups. Supporting that growth is expensive. As a sign of its growing popularity, the number of questions people have asked the search engine increased five-fold, to 460 million, in December from the year-earlier period, the company has told investors. Perplexity... Read more ›
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Artificial intelligence–powered search engine Perplexity has rapidly increased its subscription revenue and users in the past year, despite tough competition from the free AI search tools of Google and OpenAI. Previously unreported financials show the cost of that growth. Perplexity generated $34 million in revenue last year. But it burned about $65 million in cash as it spent heavily on cloud servers and AI models from Anthropic and OpenAI, which... Read more ›
3
Nvidia CEO Jensen Huang said Monday that the company will allow customers to combine its own hardware with that of other vendors for its AI servers. The new offering, known as NVLink Fusion, allows customers to pair Nvidia’s chips with chips designed by other vendors. Previously, Nvidia only ... Read more ›
0
Nvidia is in advanced talks to invest in PsiQuantum, a quantum computing startup, The Information reported on Sunday. The talks come as PsiQuantum is in the process of raising at least $750 million in a funding round. The investment would be the latest signal that Nvidia has shifted its stance ... Read more ›
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Nvidia is in advanced talks to invest in PsiQuantum, a quantum computing startup, according to a person involved in the discussions. The investment would be the latest signal that Nvidia has shifted its stance on quantum computing after CEO Jensen Huang earlier this year seemed to cast doubt on the field, saying it was likely two decades away from being useful technology. The talks come as PsiQuantum is in the... Read more ›
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Young people’s interest in social media and video games has cut into the leisure time previous generations spent drinking, says Atsushi Katsuki, the chief executive of Asahi, a Japanese beer company. The increasing amount of time spent on digital entertainment outweighs a growing trend for ... Read more ›
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The U.S. government is scrutinizing Apple’s plan to work with Chinese tech giant Alibaba to release AI features in China, The New York Times reported. U.S. officials are worried the deal will help Alibaba improve its AI capabilities, broaden the reach of Chinese chatbots that censor ... Read more ›
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Jeff Hulse, a Microsoft vice president who oversees roughly 400 software engineers, told the team in recent months to use the company’s artificial intelligence chatbot, powered by OpenAI, to generate half the computer code they write, according to a person who heard the remarks. That would represent an increase from the 20% to 30% of code AI currently produces at the company, and shows how rapidly Microsoft is moving to... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The AI euphoria—and peril—driving ServiceNow’s Bill McDermott• The Top 5: Silicon Valley’s most exotic fitness goals• Plus, our Recommendations: A wager to save a dad; “Fargo” in Maine; and a band of brothers from Down UnderLately, I’ve lived exactly as Brian Chesky might want. Yet the experience has been deeply imperfect and a reflection of what could derail his megagrowth plans.While visiting... Read more ›
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19.03.2026 00:34
Last update: 00:25 EDT.
News rating updated: 06:20.
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