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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Nvidia and Advanced Micro Devices each announced strategic partnerships with Saudi Arabia on Tuesday, in which they plan to sell a large amount of their artificial intelligence chips to the country. The announcements come as President Doanld Trump and U.S. tech leaders, including OpenAI CEO Sam ... Read more ›
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As the cost of running artificial intelligence models falls, the land grab in customer support automation has reached a new level of intensity. Nearly every major enterprise software vendor now offers a product for automating customer support, according to our analysis, which also breaks down how the race to automate knowledge work has bred new turf wars among these firms.Against this backdrop, a one-year-old startup, Crescendo, is taking a different... Read more ›
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Microsoft will lay off roughly 3% of its staff across all departments and geographies, including subsidiaries LinkedIn and GitHub, the company said on Tuesday. Microsoft employed around 228,000 people worldwide as of last June, meaning thousands of roles will be cut. The layoffs are not related ... Read more ›
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ESPN’s new streaming service, which will also be called ESPN and launch in the fall, will cost $29.99 per month. The service will bring all of ESPN, including all of its cable TV channels, coverage of more than 47,000 live sporting events per year and original studio shows and documentaries, to ... Read more ›
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VMG Partners announced it has raised a new $1 billion fund to invest in consumer businesses on Tuesday, a vote of confidence in the sector at a time when many generalist firms have pulled back. VMG was founded in 2005 and is best known for backing food, beverage and beauty companies with checks ... Read more ›
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AI coding assistants today have saved software engineers lots of time. The CEOs of Amazon, Google and many others can’t stop talking about it during their earnings calls.But even the most popular AI coding tools today often work side-by-side with human engineers and require a lot of prompting and hand-holding.That’s about to change.Google, for instance, has been demonstrating new AI for software development ahead of its annual I/O developer conference,... Read more ›
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Elon Musk’s deadline for launching Tesla’s first robotaxi service, in Austin, Texas, is weeks away, but the company hadn’t started testing its cars without a human safety driver as of last month, according to an engineer close to the testing and a former employee. That’s a crucial step required before Tesla can launch the pilot service for customers. Tesla has been training its most popular model, the Model Y, in... Read more ›
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President Donald Trump slashed tariffs on low-value parcels imported from mainland China and Hong Kong by more than half, in a step that could revive e-commerce marketplaces like Shein, Temu and Amazon Haul. From May 14, parcels valued at $800 or less will only face 54% duties, instead of the ... Read more ›
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The U.S. House Committee on Energy and Commerce on Sunday proposed a 10-year ban on state and local laws regulating artificial intelligence. That measure would block laws such as a New York state bill that would require AI companies to test AI models for safety risks, similar to a California ... Read more ›
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Google is working on an AI agent for software development intended to help software engineers navigate every stage of the software process, The Information reported. Google employees demonstrating the product have pitched it as an always-on coworker that can help identify bugs or fix ... Read more ›
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You wouldn’t know it from checking out Temu’s website today—it’s as full of schlocky cheap items as ever—but the Chinese-owned shopping site is not what it was a few months ago. Thanks to changes made in response to President Donald Trump’s tariffs, it now lists all the items on the home page as coming from “local” warehouses rather than being directly shipped from China under the duty-free de minimis loophole,... Read more ›
1
CrowdStrike CEO George Kurtz gifted more than $1 billion worth of his shares in the cybersecurity company, reducing his shares from 31% to 2.5% and eliminating all of CrowdStrike’s supervoting stock, the company disclosed in a proxy filing last month. Kurt’z gifts triggered a clause that ... Read more ›
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After weeks of news about Google’s antitrust travails, the tech giant will try to reset the narrative next week by highlighting advances it is making in artificial intelligence, cloud and Android technology at its annual I/O developer conference. Ahead of I/O, Google has been demonstrating to employees and outside developers an array of different products, including an AI agent for software development. Known internally as a “software development lifecycle agent,”... Read more ›
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Coinbase is set to join the S&P 500 index, replacing Discover Financial Services, which is soon to be acquired by Capital One, according to index provider S&P Dow Jones Indices. Shares of the crypto exchange surged 8% post-market. Inclusion in the widely tracked index will force ... Read more ›
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FedEx will start delivering Amazon packages for the first time since 2019, the companies confirmed on Monday. The partnership will involve FedEx delivering “select large packages,” a FedEx spokesperson said. Amazon has been handling more of its own deliveries overall in recent years, but still ... Read more ›
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Sterling Anderson, the co-founder and former chief product officer of autonomous trucking company Aurora Innovation, is joining General Motors as its chief product officer, the automaker said Monday. He’ll oversee the product lifecycle for gas and electric-powered vehicles. Anderson spent almost ... Read more ›
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By hiring Instacart CEO Fidji Simo to manage OpenAI’s business, CEO Sam Altman can focus on his primary ambition: attaining artificial superintelligence. The term refers to technology that would help humans solve fundamental scientific challenges around energy and physics to become multiplanetary, colonizing other planets and eventually other star systems, according to a person who has heard him speak about it.At OpenAI, Altman has even discussed the grandiose idea of... Read more ›
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Perplexity, an artificial intelligence-powered search engine, has had discussions with Accel for its latest financing, a $500 million capital raise at a $14 billion valuation, including the investment. The deal talks are early. The terms and participants could change. The valuation is 56% higher ... Read more ›
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David Bailey, Bitcoin Magazine CEO who advised Donald Trump on crypto policy during his 2024 campaign, raised $710 million to launch a bitcoin investment company, more than double the amount it had targeted. The fundraising was among the largest for companies that plan to invest in bitcoin. ... Read more ›
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In the race to fund the buildout of artificial intelligence infrastructure, data centers have turned to one of the biggest pots of money on Wall Street: the securitized lending business. It’s a $2 trillion market that could help satisfy AI’s insatiable need for cash and that would spread the risk of the unprecedented boom in data centers across the financial sector. Read more ›
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19.03.2026 03:36
Last update: 03:30 EDT.
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