OpenAI wrote a letter to U.S. lawmakers warning that DeepSeek inappropriately uses responses from the U.S. company’s AI models to improve the Chinese firm’s models in a technique known as distillation. “We have observed accounts associated with DeepSeek employees developing methods to circumvent ... Read more ›
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Chinese AI developer MiniMax launched its latest flagship open-source large language model, M2.5, adding to the recent flood of new model releases from China. Shanghai-based MiniMax said M2.5 offers strong performances in coding and agentic tasks, at significantly lower prices than major U.S. ... Read more ›
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The “rough vibes” at OpenAI have gotten less choppy, allowing SoftBank boss Masayoshi Son to shed some personal financial risk in the company’s big OpenAI investment.A little-noticed disclosure in SoftBank’s earnings report released Thursday said that Son no longer was on the hook for the roughly $1 billion personal guarantee he had pledged so a SoftBank-managed investment fund could invest tens of billions in OpenAI. But he retains a longstanding... Read more ›
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Instacart stock rose 15% after it reported 12% higher fourth quarter revenue of $992 million. The company’s gross transaction volume, or the total value of orders on its platform based on prices shown on Instacart’s app, was up 14% in the December quarter, which executives said was its fastest ... Read more ›
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It’s been more than a month since Nvidia entered an agreement, made public on Christmas Eve, to license the technology of chip startup Groq and hire its top executives including CEO Jonathan Ross. Now the terms of the deal are coming into focus.  Groq told shareholders last month it expected to receive $17 billion in cash from Nvidia based on the licensing agreement, paid out in three installments by the... Read more ›
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Airbnb’s revenue growth accelerated to 12% in the fourth quarter, while free cash flow rose 13.7% to $521 million. Shares of the accommodation-rental platform rose 5.7% in after-hours trading. The company reported 10% higher volume of nights and seats booked, and a 16% lift in gross booking ... Read more ›
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Pinterest shares plummeted almost 20% after the company reported its slowest quarterly revenue growth in two years and said it could see a further deceleration in the current quarter. CEO Bill Ready said the company wasn’t satisfied with its fourth quarter performance and didn’t reflect what the ... Read more ›
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The Federal Trade Commission sent a letter to Apple on Wednesday warning the company to not suppress conservative news outlets on its Apple News app, the company’s news aggregation app that comes preinstalled on iPhones and Macs. In the letter, FTC chair Andrew Ferguson cited research from ... Read more ›
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Anthropic said Thursday it had raised $30 billion in funding led by Singapore wealth fund GIC and Coatue Management, giving it a new valuation of $380 billion valuation, including the funding. Other large investors writing checks into the round included Dragoneer Investment Group, Founders Fund, ... Read more ›
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The next big AI battleground will be centered on software for managing agents, helping businesses handle the growing suite of AI agents they’re using from different providers, as we reported today. On that front, the older enterprise software firms feel they have advantages over OpenAI and Anthropic.That advantage boils down to software firms’ intimate knowledge of customers’ business processes, which software executives think will be tough for the startups to... Read more ›
1
The Justice Department’s top antitrust enforcer is resigning, she said in a social media post on Thursday. U.S. Assistant Attorney General Gail Slater, who was tasked with leading the Trump administration’s antitrust enforcement of companies like Google and Live Nation, announced her resignation ... Read more ›
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Crypto’s market crash has prompted much soul-searching within the industry, I learned at this week’s annual crypto Consensus conference in Hong Kong. The answer: To stay relevant, the industry must tie its fate with the AI boom. I find the crypto industry’s hopes for an AI rescue somewhat ironic, given that AI has siphoned capital and talent away from crypto in the last two years. Nevertheless, “AI agent” was the... Read more ›
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If you follow the AI world on X, you’ve probably seen in recent weeks clips of video game-like worlds where users are playing as a dog on a sunny beach, a vial of poison in the play Hamlet or a pack of cigarettes on the floor of Penn Station. These videos, generated with Google’s Genie 3 model, highlight the promise of so-called world models, which simulate real-world environments and aim... Read more ›
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Even as Anthropic and OpenAI unnerve stock market investors with business-focused AI products that could undermine existing enterprise software firms, the software incumbents are trying to catch up. Companies ranging from Microsoft to ServiceNow and Snowflake have come out with products designed to help customers develop AI agents, sometimes called digital co-workers, that can use a variety of enterprise apps just as humans do. But that’s not all. As the... Read more ›
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Anthropic has donated $20 million to Public First Action, a political advocacy non-profit organization, the company plans to announce Thursday. The organization will spend its money on political candidates of both parties who support transparency requirements for AI companies, a federal AI ... Read more ›
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Alibaba Group said its Qwen chatbot app’s AI e-commerce service has generated more than 120 million orders from Chinese consumers over the past six days, since the company last week started giving away free shopping vouchers to the app’s users. Alibaba, ByteDance and Tencent Holdings have all ... Read more ›
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Grab, Southeast Asia’s largest ride-hailing and food delivery company, reported full-year profits for the first time, a little more than four years after it went public via merging with a blank-check company. “It’s not just a one-time thing,” said Grab Chief Financial Officer Peter Oey, in an ... Read more ›
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Meta Platforms’ auditor issued a cautionary note in the tech giant’s latest annual report, flagging the company’s accounting treatment of its $27 billion data center project as a “critical audit matter.” Ernst & Young did not indicate it disagreed with Meta’s approach, but the designation ... Read more ›
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Talk about unforgiving! The great enterprise stock sell-off of 2026 recommenced on Wednesday, and it dragged down a couple of companies—Unity Software and Shopify—after they each reported decent December-quarter earnings. Shares of Shopify, most egregiously, fell as much as 12% after the e-commerce software platform said its first-quarter revenue would grow “at a low-30s percentage rate on a year-over-year basis,” in line with its fourth-quarter growth rate. Even for Wall... Read more ›
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Anthropic said Wednesday it will take steps to ensure its data centers don’t raise electricity prices for consumers, joining a list of tech companies that includes OpenAI and Microsoft that are trying to defuse backlash over AI’s strain on power grids. Anthropic said it would address what it ... Read more ›
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14.03.2026 06:34
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