Safe Superintelligence Inc., the secretive artificial intelligence lab started by OpenAI co-founder Ilya Sutskever, has raised $2 billion in capital at a $32 billion valuation, including the investment, according to a report from the Financial Times. The funding is double the amount that SSI was ... Read more ›
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Google appears to have learned a lesson from 2023, when its layoffs of 12,000 people, or 6.4% of its workforce, became big news and sparked anger among employees used to its cushy culture. In the past 18 months or so, Google has made a series of smaller cuts, mostly at the scale of “hundreds of people” each time, according to news reports in The Information and elsewhere. These have occurred... Read more ›
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Meta Platforms on Friday announced it had named Dina Powell McCormick, a banking executive and former adviser to President Donald Trump, and Stripe CEO Patrick Collison to its board of directors. “Patrick and Dina bring a lot of experience supporting businesses and entrepreneurs to our board,” ... Read more ›
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U.S. Secretary of Defense Pete Hegseth on Thursday directed the Department of Defense to cancel $5.1 billion in contracts with consulting firms including Deloitte, Accenture and Booz Allen Hamilton, part of the Trump Administration’s efforts to slash government spending. The contracts included ... Read more ›
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Jessica is joined by Daily Beast Chief Content Officer Joanna Coles to discuss the latest secret tech confabs and this wild, wild week. Apple Spotify YouTube Read more ›
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Cable TV pioneer John Malone will not seek re-election to Warner Bros. Discovery’s board of directors and will instead transition to the role of Chair Emeritus, the company announced on Friday. In that role, Malone will continue to attend board meetings and provide strategic counsel and support ... Read more ›
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Albert Saniger, the founder and former CEO of e-commerce startup Nate, has been charged with defrauding investors by making false claims about the company’s AI capabilities, the U.S. Department of Justice said on Wednesday. Saniger, 35, was charged with one count of securities fraud and one ... Read more ›
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IVP, the 45-year-old firm known for investments in Brex and Perplexity, is advising startup founders to re-adjust their annual budgets and raise capital, even if they have to forgo a valuation increase. “Liquidity matters more than valuation in an uncertain market and holding up for an up round ... Read more ›
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Nearly every summer in recent years, Patrick Collison, Stripe’s 36-year-old Irish billionaire co-founder, has hosted a multiday summit on the West Coast with a bold underlying intention: unlock a more abundant future. The very first such conclave happened in 2018 when Collison and several other co-founders, including his brother John and GitHub CEO Nat Friedman, gathered about 200 scientists, economists, investors and entrepreneurs in a Sebastopol, Calif., field. Some attendees... Read more ›
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Scientists and starlets can make strange bedfellows. But at this year’s Breakthrough Prize ceremony in Santa Monica, Calif., hundreds of scientists, tech leaders and Hollywood stars gathered for a night of celebrating breakthroughs in subjects such as gene editing, mathematics and physics. A crowd including Katy Perry, Lauren Sánchez and Rupert Murdoch joined tech’s most prominent founders to watch six groups of scientists each receive coveted $3 million prizes. Read more ›
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ByteDance, the owner of TikTok, is planning to sell its own version of artificial intelligence–powered smart glasses, according to two people with direct knowledge of the effort. It’s the latest sign that tech giants globally see gadgets as the next new market for AI services. Meta Platforms has had success with its Ray-Ban smart glasses, which offer access to its AI chatbot as well as the ability to take photos... Read more ›
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The Chinese government on Friday increased tariffs on U.S. imports to 125% from 84%, as the trade war between the two nations continues to escalate. China’s Ministry of Finance said in a statement that, if the U.S. decides to impose further tariffs from now on, Beijing will ignore such moves ... Read more ›
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Google on Thursday laid off hundreds of employees in its platforms and devices unit, which works on Android software, Pixel phones and the Chrome browser, according to a person with direct knowledge of the situation. The cuts follow the company’s move in January to offer buyouts to employees in ... Read more ›
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A global trade war could get very ugly for big tech—and not just for importers of physical products, like Apple. A Financial Times report on Thursday quoted the European Commission president, Ursula von der Leyen, as suggesting that Europe could retaliate against U.S. tariffs by imposing a levy on digital ad revenues generated by companies like Meta Platforms and Google in Europe. OK, even for a European regulator, that idea... Read more ›
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Venture capitalists typically aren’t macroeconomic or geopolitical experts, despite what you may read on X or hear on podcasts. But they do need to have a sufficient worldview to understand where markets are growing, where to put investment dollars and how to raise money.In that way, it’s become clear that General Catalyst CEO Hemant Taneja was onto something as the U.S. and China face off in a trade war. In... Read more ›
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Wayve, an eight-year-old autonomous driving software company, said Thursday that its self-driving technology will be used in Nissan’s ProPilot assisted driving feature in Nissan’s fiscal year starting April 1, 2027. The London-based company sells the Wayve AI Driver, a mapless approach to ... Read more ›
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The president of the European Commission, Ursula von der Leyen, said Europe could tax digital ad revenues of Meta Platforms and Google in retaliation for tariffs imposed by the U.S. on Europe. Von der Leyen was speaking in an interview with the Financial Times. She said the European Commission ... Read more ›
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Creators are staring down what they say is a growing threat: artificial intelligence-powered searches cutting into their lucrative product recommendations. More people are turning to AI tools like ChatGPT and Perplexity to search the web for information and shopping inspiration, and Google has started adding more AI-powered features to its search, such as quick summaries of answers that appear at the top of a search results page called AI Overviews.... Read more ›
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Advertisers are rethinking their spending plans, a sign that economic uncertainty sparked by President Donald Trump’s tariff program is having an impact on business investment. But the impact won’t be felt evenly. Big tech companies that sell advertising—Google, Meta Platforms and Amazon—are likely to hold up better than other media firms, ad executives say, because ads on those services tend to drive sales. Worst affected could be TV and streaming... Read more ›
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Google Cloud pulled out all the stops at its annual developer conference in Las Vegas this week to demonstrate that customers are getting good results from artificial intelligence services, speeding up production and offering new services to customers. But as tariffs roil markets and dampen the economic outlook, how much businesses spend on AI remains the biggest question.David Glick, senior vice president of enterprise business services at Walmart, spoke glowingly... Read more ›
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23.03.2026 05:57
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