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 ›
81
Andreessen Horowitz is leading a $15.6 million Series A fundraising round for HappyRobot, an AI startup focused on the logistics industry that can make calls and negotiate prices. The round values HappyRobot at between $80 million and $100 million including the new capital and also includes Y ... Read more ›
2
Amazon has relied on artificial intelligence from Anthropic and hardware from Nvidia to boost its cloud sales growth over the past two years. But at the company’s annual re:Invent conference on Tuesday, executives came out with swagger to change the narrative about how dependent it has been on these outside companies. Amazon CEO Andy Jassy and Amazon Web Services chief Matt Garman each went out of their way to cast... Read more ›
6
Apple and Chinese search giant Baidu are working together to add artificial intelligence features to iPhones sold in China next year, according to two people familiar with the situation. But the two companies have run into snags that, if unresolved, could hurt Apple’s hopes of boosting iPhone sales in its second biggest market outside the U.S. Engineers from Apple and Baidu are racing to adapt Baidu’s large language models so... Read more ›
0
Here’s news we didn’t expect: Apple is endorsing Amazon’s cloud service. That’s what happened on Tuesday at Amazon Web Service’s annual conference, re:Invent, when an Apple artificial intelligence executive, Benoit Dupin, took the stage to talk up AWS—and to mention that Apple is using AWS’ custom-made chips for search and testing its AI chips. That’s quite the marketing coup for AWS. Whether it amounts to anything more than good publicity... Read more ›
0
Ali Ghodsi is taking aim at giants. The Databricks CEO is no longer just sniping at $60 billion competitor Snowflake, but has ambitions for his company to be as big as $300 billion Salesforce, according to Jon Victor’s profile on the everywhere-at-once computer science professor. Reading the piece, I couldn’t help but think about the potential battles to come between the blunt Ghodsi (“I’ve heard the whole range of opinions... Read more ›
0
Amazon is adding new features to Q, its AI-powered assistant for developers and business users, that shed more light on the future direction of the product. The big addition is a tie-in that pulls in data from QuickSight, an AWS service for creating charts and graphs from information stored in ... Read more ›
0
Salesforce said revenue for the quarter ended Oct. 31 rose 8% to $9.44 billion, the same as the prior quarter’s growth rate, indicating that spending on enterprise software has yet to take off again after a prolonged slump. The provider of software used to manage sales slightly raised its ... Read more ›
0
As shutdowns and acquisitions continue to hit the creator economy, some of the sector’s buzziest pandemic darlings are still chugging along and trying to revamp their businesses. The latest: On Tuesday, Cameo announced it’s making it easier for online personalities to sign up to join the video shoutout service. The startup said its new onboarding process for talent called CameoX has already resulted in 31,000 new personalities joining since testing... Read more ›
0
TikTok removed some accounts that had posted comments supporting candidates in Romania’s presidential election, in violation of the platform’s community guidelines on deceptive behavior, representatives for the company told European lawmakers on Tuesday. Some 78 of those accounts with a total of ... Read more ›
0
Brian Singerman, a general partner at Founders Fund who has backed Affirm and Oscar Health, is stepping back from his role at the firm, he announced on Tuesday. In a post on X, Singerman said he is transitioning into the role of Partner Emeritus, a title that usually indicates an investor isn’t ... Read more ›
0
OpenAI has hired its first chief marketing officer: Kate Rouch, most recently the CMO at cryptocurrency exchange Coinbase, the company announced on Tuesday. The announcement continues the spree of executive hires OpenAI has made from high-profile companies this year, including chief financial ... Read more ›
0
As the U.S. Federal Trade Commission ramps up its sweeping new antitrust investigation into Microsoft, FTC officials have been asking Microsoft's rivals about the impact of its artificial intelligence deals and range of products, according to someone involved in the discussions and a second person briefed on the discussions. Specifically, the FTC is asking about Microsoft’s deal with OpenAI, which grants the cloud giant the exclusive right to run the... Read more ›
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Amazon on Tuesday unveiled half a dozen artificial intelligence models the company plans to sell to cloud customers and which it said were comparable to models sold by Google, Anthropic, OpenAI and others. It also showed a new version of its AI data center chip, which it is using to build a ... Read more ›
0
There’s much talk about superintelligent artificial intelligence that controls humans, leading to a grim dystopian future. That’s still largely hypothetical. A more immediate AI risk is playing out under our noses: a cascading, AI-fueled cyberattack. Read more ›
0
Meta Platforms President of Global Affairs Nick Clegg said in a blog post Tuesday that the company was committed to “enabling free expression,” as Meta leaders seek to endear themselves to the incoming Trump administration. In the post, Clegg acknowledged that Meta had gone overboard on content ... Read more ›
0
Amazon Web Services’ annual conference for customers kicks off this morning with products AWS Chief Matt Garman said would be “needle-moving.” But what happened to the products unveiled by AWS at last year’s re:Invent?A year ago, Garman’s predecessor, Adam Selipsky, tried to make a splash by unveiling an artificial intelligence chatbot and assistant, Amazon Q. You might not have heard much about Q since then.At the time, AWS was combating... Read more ›
0
The growth of Temu and Shein has spurred the rise of little-known delivery startups that help them keep prices ultralow for shoppers. Now those budget delivery services are facing a growing number of legal complaints about their pay practices. With a click of a button, shoppers on these and other sites like AliExpress set in motion a delivery chain that often starts in China and ends at their doorsteps, with... Read more ›
0
WeDoctor, a Chinese online healthcare company backed by tech giant Tencent, plans to submit an application this month for an initial public offering in Hong Kong that could raise as much as $500 million, the South China Morning Post reported. The company, whose investors include Chinese venture ... Read more ›
0
Super Micro, a maker of servers for data centers, on Monday said an independent investigation into its accounting practices found “no evidence of misconduct.” Its shares surged 29% to $42. The San Jose, Calif., company’s board hired outside lawyers and accountants to perform the investigation in ... Read more ›
2
These are heady days for Elon Musk, whose friendship with Donald Trump has accentuated his already immense power in the tech industry. But there’s one quarter where Musk can’t yet get what he wants: the Delaware courts.Late Monday afternoon, the Delaware judge hearing the long-running fight over Musk’s Tesla pay package reaffirmed her January ruling rescinding the package, which after Tesla’s recent rally is worth a whopping $101 billion. Tesla... Read more ›
0
Most popular sources
Business Insider
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27% 4 |
Eurogamer.net
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13% 8 |
The Verge
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7% 3 |
Tom's Hardware
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7% 0 |
Android Authority
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6% 0 |
| View sources » | |
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12.11.2025 21:59
Last update: 21:45 EDT.
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