President Trump said âwe have a buyer for TikTokâ which heâll identify in about two weeks, adding it was a âgroup of very wealthy people.â Trump made the comments in an interview with Fox News that aired on Sunday. He acknowledged that he needed the approval of the Chinese goernment but said he ... Read more âș
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Elon Musk called the latest Senate version of President Trumpâs Big Beautiful Bill âutterly insane and destructiveâ that âwill destroy millions of jobs in America and cause immense strategic harm to our country!.â In posts on X, Musk renewed an attack on the bill, which cuts off tax credits to ... Read more âș
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As OpenAI pitches its artificial intelligence to big companies and government agencies, itâs taking a page from the playbook of many software firms by offering in-house researchers and software engineers to customize AI for customers. OpenAI is adding staff and resources for a consulting-like service, in which its engineers guide customers through a process known as fine-tuning. To get the consulting help, OpenAI is typically requiring customers to spend at... Read more âș
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Meta Platforms is hiring four more OpenAI artificial intelligence researchers as Meta CEO Mark Zuckerberg continues an unprecedented recruiting effort to catch up to his AI rivals. The researchers, Shengjia Zhao, Jiahui Yu, Shuchao Bi and Hongyu Ren, have each agreed to join, according to a person familiar with their hiring. They follow four other OpenAI researchers whose hirings were reported a few days ago. Their hirings were made after... Read more âș
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Hewlett Packard Enterprise has settled a Justice Department lawsuit aimed at blocking its $14 billion purchase of Juniper Networks, the companies announced, clearing the way for the deal to close. The government sued to block the deal in January, arguing that it would create a duopoly, with ... Read more âș
1
Tesla announced that one of its vehicles had driven itself to its new ownerâs home, in a big step forward for Elon Muskâs ambitions to dominate the self-driving car sector. A video posted on X by Tesla shows the car driving itself from Teslaâs Texas Gigafactory to its new ownerâs home, about ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: The deals, free agents and egos fueling the AI talent grab ⹠The Top 5: The most rigorous summer campsâą Plus, our Recommendations: A Pablo Escobar tell-all; Netflixâs latest sleuths; and the amazing Gila monsterMamma Mia! Nintendoâs Switch 2, the latest console from the venerable videogame company, is a bona fide hit. Currently, the device is nigh ungettable: Best Buy, Target, GameStop... Read more âș
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Summer is here, and so is the crushing pressure of what camps or programs to sign your kid up for in order to impress on college applications. Looking to help your little one become the next Bezos? Thereâs a camp for that. As it turns out: Play your cards right, and this time of year can be just as fruitful a period for college applications fodder as the school year... Read more âș
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Can I have a show of hands of those who plan this weekend to see the new Apple-made Brad Pitt movie, âF1,â which opened today in theaters? It is the kind of filmâfull of shots of cars racing at high speedâthat surely looks better on the big screen. Thatâs definitely the view of Eddy Cue, the Apple executive with responsibility for the companyâs entertainment operations: He told Bloomberg in an... Read more âș
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Meta Platforms is in advanced talks to raise $29 billion from private equity firms as it invests further in building data centers for artificial intelligence, the Financial Times reported. Apollo Global Management, KKR, Brookfield, Carlyle and Pimco are involved in the discussions. Meta hopes to ... Read more âș
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OpenAI, one of the worldâs biggest customers of Nvidia artificial intelligence chips, recently began renting Googleâs AI chips to power ChatGPT and other products, the first time it has used non-Nvidia chips in a meaningful way, according to a person who is involved in the arrangement. The move reflects OpenAIâs broader shift away from relying on Microsoft data centers and could boost Googleâs tensor processing units as a cheaper alternative... Read more âș
1
Every investor knows whatâs wrong with private markets right now. Venture capital and private equity funds have delivered weak returns, few exits and little cash for investors, resulting in a brutal fundraising climate for funds and therefore companies. The bigger picture reveals a much worse problem: There is roughly $13 trillion trapped in private markets, and that could be killing the startup ecosystem. Read more âș
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Nvidia this month acquired CentML, a startup developing software to make artificial intelligence run more efficiently on specialized server chips, according to The Logic. The startupâs chief executive officer, co-founders and other employees now work at Nvidia, according to their LinkedIn ... Read more âș
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Say youâre at the top of your field. Say youâve been promoted to be a senior researcher at OpenAI, watching the paper value of your equity swell as your companyâs valuation goes from less than $20 billion to $260 billion in just four years. Say Mark Zuckerbergâyes, Zuck, personallyâcomes texting and calling, offering you tens of millions of dollars to help salvage his struggling AI lab. What do you do?... Read more âș
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Microsoft has spent years designing its own artificial intelligence chips, in part to reduce its dependence on Nvidia. It isnât going so well. The software giant, which Nvidia employees say was its largest customer by revenue last year, is taking much longer than expected to design its latest-generation AI chips, raising the possibility that the new chips will be even less competitive with Nvidiaâs by the time they go into... Read more âș
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Redwood Materials, a battery recycling startup run by Tesla co-founder JB Straubel, is entering the data center market as demand rises for electricity for artificial intelligence. The company said Thursday it has launched a new business to repurpose used electric-vehicle batteries so they can ... Read more âș
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Welcome back, Travis Kalanick! Weâve missed you as a generator of news. The New York Times scooped the juicy news today that Kalanick is in talks to get Uberâs backing for a buyout of Chinese autonomous vehicle developer Pony.aiâs U.S. assets. Assuming the deal gets done, it may not involve big dollarsâPonyâs market capitalization of $5.2 billion mostly reflects its Chinese robotaxi and autonomous trucking businessâbut the strategic implications are... Read more âș
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For more than a decade, Forerunner Ventures founder Kirsten Green has had a front-row seat on whatâs hot or not in consumer startups. After a particularly brutal period for these startups when interest rates spiked, investors like Green are especially optimisticâlargely because theyâve seen artificial intelligence breakthroughs create multibillion-dollar consumer businesses for OpenAI and Perplexity.âTypically, there is more money than amazing startups or exponential businesses,â Green said on the eve... Read more âș
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Uber is reportedly in talks with its co-founder and former CEO, Travis Kalanick, about backing Kalanickâs buyout of Chinese autonomous car developer Pony.aiâs U.S. assets, the New York Times reported. The deal would likely enhance Uberâs strategy of partnering with a variety of robotaxi ... Read more âș
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Google announced a free tool for helping publishers make money online from surveys, micropayments and other offerings, a sign that Google is responding to publisher complaints that new AI features like AI Overviews on Search are driving down traffic to publisher sites. The tool, called ... Read more âș
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14.05.2026 12:39
Last update: 12:31 EDT.
News rating updated: 19:33.
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