Artificial intelligence has accomplished many things, but few are as dramatic as the way it has supercharged investing in startups. Just look at the recent headlines: OpenAI raised $6 billion at a valuation of $157 billion. Anthropic is looking to raise funding at a valuation of $40 billion. That posed challenges for our reporters seeking promising but little-known startups for this yearâs edition of The Information 50âthe fifth installment of... Read more âș
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Apple CEO Tim Cook is in China for a second time this year, promoting the companyâs products to Chinese consumers and showing his support of the Chinese economy. Cook on Wednesday told the head of Chinaâs Ministry of Industry and Information Technology, Jin Zhuanglong, that Apple planned to ... Read more âș
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Tesla surprised Wall Street with strong profit margins and a projection that it would sell a record number of electric vehicles this year, confounding predictions of a sales decline. Shares rose 12% in after-hours trading. Tesla said its gross profit margin in the quarter was 17.1% excluding ... Read more âș
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Today Elon Musk had some good news to report about Tesla for a change. The electric vehicle makerâs third-quarter results on Wednesday were the strongest in 12 months, with a return to growth in auto revenues after two quarters of decline and the revelation that the Cybertruck had turned profitable. Tesla even projected it would finish this year with âslight growthâ in vehicle deliveries, which implies sales growth accelerates in... Read more âș
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ServiceNow, whose subscription software helps companies manage their computer hardware and software, on Wednesday reported solid revenue growth in the third quarter, but artificial intelligence features didnât seem to move the needle. It also appointed Google Cloud executive Amit Zavery as ... Read more âș
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With only 12 days (!) left before the presidential election, Kamala Harris and Donald Trump are still trying to reach potential voters. One way is by appearing on popular podcasts, where they can speak to listeners directlyâand often avoid tougher questions from traditional journalists.  As the chart below shows, Trump has been on at least 20 shows versus at least six for Harris. Read more âș
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Roblox has boosted some safety measures for children on its video game site, hoping to stem growing criticism that its product is unsafe for young people. Those tweaks include limiting some parts of Robloxâs chat features for users younger than 13 and creating a new type of account for parents, ... Read more âș
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A Florida woman Tuesday sued Character.AI, an app where people message with personalized chatbots in hyperrealistic interactions, claiming the app contributed to her sonâs suicide. Megan Garcia also sued Characterâs co-founders Noam Shazeer and Daniel De Freitas, as well as Google, which in ... Read more âș
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Miles Brundage, an OpenAI policy leader focused on ensuring the safety of its upcoming artificial intelligence, announced in a post on X on Wednesday that he would be leaving the company so he can âhave more freedom to publishâ research on the topic and âbe more independent.â His exit adds onto ... Read more âș
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Last fall, several Google artificial intelligence leaders met with Jonathan Siddharth, CEO of a startup that sells access to part-time software engineers on demand. The Google managers asked Siddharth whether the startup, Turing, could use its army of human programmers to teach Googleâs AI to be better at completing coding tasks, according to a person who heard the discussion. Would doing so take 500, 800 or 1,000 programmers, and how... Read more âș
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Metaâs recent decision to shut down its augmented reality platform has prompted some frustrated developers to switch to Snap, according to Bloomberg News. Meta announced in August that it will shut down Meta Spark, which allows outside developers to build custom AR photo filters and effects ... Read more âș
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Bank of America said it has doubled its artificial intelligence and machine learning-related patents in the last two years amid a move by large financial institutions to tout their technology bonafides. The bank on Wednesday said its portfolio of patents and pending applications now includes ... Read more âș
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The Consumer Financial Protection Bureau has banned Goldman Sachs from launching new credit cards without approval and fined the bank $65 million for failing to properly handle customer disputes and making misleading claims related to its Apple card program. The CFPB also fined Apple $25 million ... Read more âș
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Nvidia CEO Jensen Huang said that a design problem with its new Blackwell AI chip had been fixed, adding that the flaw was â100% Nvidiaâs fault,â Reuters reported. He described reports that the issue had caused tensions between Nvidia and TSMC, the Taiwanese chip giant that ... Read more âș
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Temu is making swift progress in winning over popular Amazon merchants to sell on its bargain site, thanks to a simple pitch: Itâs much cheaper for merchants to sell on Temu than on Amazon. Temu has already added more than 60% of major China-based Amazon sellers of products like bedding sets and vacuum cleaners and is enlisting U.S.-based merchants as well, two people familiar with the company said. The big... Read more âș
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In the tight race between well-funded developers of conversational AI, Anthropic has suddenly made some real gains.The startup on Tuesday announced new software that completes tasks for people, such as building a website or editing a spreadsheet. The feature, called âcomputer use,â means that Anthropicâs Claude model can actually view usersâ screens and take actions for them like moving a cursor, clicking buttons and typing text.(Computer use works by taking... Read more âș
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Apple has sharply scaled back production of its Vision Pro mixed reality headset since the early summer and could stop making the existing version of the device entirely by year end, according to multiple people directly involved in building components for the device. The move suggests that Apple has enough inventory built up to meet demand for the foreseeable future. It follows Appleâs decision earlier this year to focus on... Read more âș
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Arm, whose chip technology powers most of the worldâs mobile devices, is canceling a license that allows Qualcomm to design chips based on its intellectual property, Bloomberg reported. The move is an escalation of a dispute that the two companies have had since 2021 after Qualcomm purchased ... Read more âș
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Bill Gates has said privately that he recently donated about $50 million to a nonprofit organization that supports Vice President Kamala Harrisâs run for president, The New York Times reported. The news of Gatesâs donation comes at a time when Harris and former President Donald Trump are ... Read more âș
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MrBeast so wishes he had not entered that burger deal! Thatâs one of the takeaways from a series of angry and regretful messages sent by YouTuber Jimmy Donaldson to a business confidant months before he sued the restaurant operator. The exchanges, part of a deluge of new court filings and exhibits, show Donaldson and colleagues discussing a rapidly souring partnership with the company behind MrBeast Burgers. Some also provide previously... Read more âș
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Most popular sources
Business Insider
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40% 7 |
Mashable
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10% 9 |
Gizmodo
|
8% 2 |
CNET
|
7% 4 |
Wired
|
5% 3 |
| View sources » | |
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24.11.2024 10:52
Last update: 10:45 EDT.
News rating updated: 17:40.
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