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 ›
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Collaboration software provider Airtable is now growing at a 30% annual rate and has turned cash flow positive, and Chief Financial Officer Ambereen Toubassy said the company hopes to be ready for a possible initial public offering next year, as we reported today. The numbers show ... Read more ›
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Don Allen Stevenson III is a former trainer for Dreamworks Animation who uses artificial intelligence tools to create videos for his 124,000 followers on Instagram, where he goes by Don Allen III. Stevenson uses the videos to showcase how he uses AI tools. In one recent video, he used 3D animation software called Cinema 4D to build an animated vortex that he superimposed on various images. He then used video... Read more ›
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Earlier this year, a string of founders left their artificial intelligence startups for Google, Amazon and Microsoft after striking licensing deals with the technology giants. Now things are reversing: some founders lately have left their startups for bigger rivals after exploring—but not inking—acquisitions.On Monday, Justin Uberti, cofounder and chief technology officer of Fixie.ai, announced he had joined OpenAI to lead its real-time AI efforts, which aim to allow people to... Read more ›
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After a brutal downturn, software startups are doing better. Airtable, an app firms use to help employees collaborate on projects, is growing at a 30% annual rate, according to Chief Financial Officer Ambereen Toubassy, and has turned cash flow positive. Toubassy said Airtable hopes to be prepared for a possible initial public offering next year. Read more ›
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If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
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China’s Huawei Technologies has unveiled its latest flagship smartphone featuring a homegrown operating system designed to compete with Google’s Android and Apple. This launch marks the company’s renewed effort to penetrate China’s high-end smartphone market, a sector predominantly dominated by ... Read more ›
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Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
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Klarna has been louder than most other companies about using artificial intelligence to cut jobs and save money—part of a broader AI rebrand as the installment lender polishes itself up for a potential IPO. A fresh batch of financial details the company released today, alongside an AI-generated avatar of CEO Sebastian Siemiatkowski discussing the highlights, gave us some evidence that AI really is moving the needle for the firm.Klarna’s sales... Read more ›
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Bluesky, a microblogging platform that competes with Elon Musk’s X and Meta Platforms’ Threads, is violating the EU’s information disclosure rules, a spokesperson for the European Commission told Reuters Monday. “All platforms in the EU… have to have a dedicated page on their website where it ... Read more ›
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The Department of Justice argued on Monday that Google had monopolized the market for advertising technology, in its closing arguments in its second monopoly trial against the Internet giant. Next, the judge in the case will decide Google’s liability in the coming months. Aaron Teitelbaum, a ... Read more ›
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Shares of Zoom dropped more than 4% after its third-quarter earnings after the videoconferencing provider reported sales growth of 3.6% to nearly $1.18 billion compared to last year. But the bigger news was Zoom’s decision to change its legal name to Zoom Communications, dropping the ... Read more ›
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Elon Musk’s Neuralink said it was approved to begin testing a robotic arm that can be controlled with its brain chip implant. The company did not provide much further detail about the project. The company’s existing device has been implanted in two patients and currently allows them to control ... Read more ›
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Nvidia on Monday unveiled it was working on Fugatto, a new artificial intelligence model for generating audio based on text prompts. Fugatto, an abbreviation of Foundational Generative Audio Transformer Opus 1, can compose a new piece of music based on a text prompt, or users can upload their ... Read more ›
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Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Apple’s desire to make its products thinner could dampen sales in China if its engineers can’t overcome a design hurdle with the slim iPhone planned for release next fall—it can’t fit a physical SIM card tray, which is required in China. Apple plans to release its slim iPhone next year, alongside new versions of its traditional models, aiming to rejuvenate iPhone sales by providing customers with a compelling reason to... Read more ›
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Some people in the artificial intelligence industry have been skeptical about whether reasoning models such as OpenAI’s o1 represent a paradigm shift. After all, the model hasn’t gotten much usage in ChatGPT. But these skeptics may not fully understand what reasoning models are actually good for.The queries that ChatGPT typically handles won’t necessarily produce better answers through reasoning models, researchers tell me. But if you talk to hardcore scientists, things... Read more ›
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After OpenAI sparked a race this fall by releasing groundbreaking artificial intelligence known as reasoning AI, it seemed like the ChatGPT owner might run away with the market. Both Google and Microsoft scrambled to catch up with the technology, which aims to help users answer complex, multi-step questions, according to two people involved in the effort at the companies. But in the past week or so, the dynamics of the... Read more ›
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Wall Street financial services firm Cantor Fitzgerald—which is run by Howard Lutnick, Donald Trump’s nominee for Commerce Secretary—struck a deal last year to invest in Tether, the world’s biggest stablecoin issuer, receiving a stake of about 5% which the Wall Street firm valued ... Read more ›
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The Intercept can proceed with a lawsuit against OpenAI alleging that the AI firm used the news outlet’s content without permission or credit, a judge ruled on Friday. The ruling, which was first reported by The Intercept, is a step forward for news publishers which have been fighting AI ... Read more ›
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TikTok CEO Shou Chew has been in touch with Elon Musk, asking his opinions on the incoming Trump administration and tech policy, according to a Wall Street Journal report on Saturday. The report shows how TikTok management are extending efforts to avoid a ban by getting close to people around ... Read more ›
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13.11.2025 02:06
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