Kalshi was sued by users for failing to pay $54 million to people who bet that Iranian Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, after he was killed during the U.S. and Israeli airstrikes last month. After Khamenei’s death, Kalshi said it couldn’t pay out any ... Read more ›
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The sizable gap between how AIs and humans learn new things has inspired researchers to rethink the math behind today’s AI models. But developers have found a more immediate and practical workaround to get AI to continually learn: “skills.” A skill is a text prompt containing instructions for how an agent should perform a task. For example, an agent that is instructed to tweak a PDF might review a skill... Read more ›
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The crypto industry is facing twin crises—in the markets and in Washington—that are threatening to derail its dream of mainstream acceptance. With the worst crypto sell-off since the collapse of FTX in the background, the industry has run into strong opposition to a wide-ranging bill it is trying to push through Congress. To break the logjam, it is trying to win over community banks, which have emerged as a powerful... Read more ›
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Tony Wu, one of xAI’s cofounders, said he has resigned from Elon Musk’s AI company. Wu’s exit follows the departure last year of another xAI cofounder, Igor Babuschkin. “I will deeply miss the people, the warrooms, and all those battles we have fought together,” Wu said in a post on X. “It ... Read more ›
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Zhipu, one of China’s prominent AI developers, has anonymously released its new large language model under a different name on OpenRouter, a popular AI model marketplace for developers. Pony Alpha, a new open-source LLM launched on OpenRouter a few days ago, is Zhipu’s new model, known as GLM-5, ... Read more ›
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Last week’s sell-off in software stocks is having an impact. Enterprise software firm Workday revealed Monday it had replaced its CEO, Carl Eschenbach, with co-founder and former CEO Aneel Bhusri, who is returning “to lead the company’s next chapter.” Bhusri, to be clear, has led the company for most of its chapters, having been either co-CEO or sole CEO from 2009 through 2024. What Workday seems to be saying is:... Read more ›
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Amazon has indicated to publishing industry executives that it is planning to launch a marketplace where publishers can sell their content to firms offering AI products, according to two people who spoke with Amazon about the project. Those discussions come as publishers and AI companies are battling to set terms over how AI firms can access online content, either for training models or for answering queries from users. Publishers have... Read more ›
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Michael Grimes, a long-time tech banker, is returning to Morgan Stanley after a one-year stint with the Trump administration, where he was a senior advisor to the U.S. Department of Commerce and oversaw the government’s investment unit, according to an internal memo viewed by The Information. He ... Read more ›
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Stripe is preparing a potential tender offer that could value the payments company at more than $140 billion, Axios reported. That would put the company’s valuation well above the $107 billion mark at which it bought back shares from investors last fall. It marks a significant rebound from the ... Read more ›
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Alphabet is set to raise $20 billion in the U.S. bond market, as part of a massive debt sale that will also see the company selling bonds in British pounds and Swiss francs, Bloomberg reported. The bond offering comes days after the Google parent company announced that it expected to double its ... Read more ›
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Workday, which sells human resources and financial management applications, announced that co-founder and executive chair Aneel Bhusri is returning as CEO. He is taking over for Carl Eschenbach, who is stepping down after two years in that role and also vacating the board seat he has held ... Read more ›
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OpenAI said Monday it’s beginning to show ads in ChatGPT for some U.S. users. The ads, which OpenAI says are a test, will be shown to logged-in users with free subscriptions, as well as subscribers to OpenAI’s new Go tier, which costs $8 per month. Free users can opt out of seeing ads in ... Read more ›
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Databricks said it had raised $7 billion of fresh capital after hitting a $5.4 billion annual revenue pace in the fourth quarter. The fundraising effort, which started in November and was split between $5 billion of equity and $2 billion of debt capacity, shows the company has been able to ... Read more ›
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Beast Industries, the entertainment conglomerate founded by Jimmy “MrBeast” Donaldson, has agreed to buy Step Mobile, a teen-focused banking app, the companies plan to announce Monday. The acquisition will expand the YouTube star’s reach beyond media, restaurants and packaged food into financial services. Founded in 2018, Step Mobile runs an app that offers a federally insured bank account without fees and a secured Visa card that helps individuals establish credit... Read more ›
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Anthropic’s leaders have been loud about how its AI will reshape businesses but much less boisterous about how it plans to power that usage. Now the company’s data center ambitions are coming into focus. Anthropic is quietly assembling a veteran team, including two former Google executives, and has discussed securing at least 10 gigawatts of capacity over the next several years, according to two people who have spoken with the... Read more ›
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Uber is expanding its presence in Turkey by buying Getir’s food delivery operations in that country for $335 million in cash. Uber is also paying $100 million to buy 15% of Getir’s grocery and water delivery businesses, with purchase of the rest “subject to certain operating and financial ... Read more ›
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For years, investors and founders have told me that AI which talks and listens the way humans do is on the cusp of a breakout moment. We’re still not there.Audio models are still lagging behind their text-based brethren in terms of intelligence. If you ask an audio model like the ChatGPT voice assistant a tough math question, for instance, it’s much more likely to get it wrong than a text-based... Read more ›
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Apollo Global Management, one of Wall Street’s biggest private credit firms, is nearing a deal to lend about $3.4 billion to an investment vehicle that will purchase Nvidia chips and lease them to Elon Musk’s xAI, which just merged with SpaceX, said a person with knowledge of the deal. The deal would be Apollo’s second big investment in a vehicle to lease chips to xAI, following a similar $3.5 billion... Read more ›
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Elon Musk said on Sunday that SpaceX has shifted its focus to building a “self-growing city” on the Moon, which could be achieved in less than 10 years. In comparison, building a city on Mars would take more than 20 years, he said in a post on X. “SpaceX will also strive to build a Mars city and ... Read more ›
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ByteDance’s new AI video generation model Seedance 2.0, unveiled over the weekend, is generating a lot of buzz on social media, with some calling it a game changer. The new model is the latest indication of how Chinese companies are playing central roles in the advancements of AI video ... Read more ›
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After the crush of tech news last week, including a big AI-fueled stock sell-off, things might calm down a bit in the next few days. With any luck, we’ll have time to debate which of the tech companies’ Super Bowl ads running Sunday night were the best and which were the worst. My vote for best is the Amazon Alexa spot, by the way, although the Anthropic ones were also... Read more ›
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14.03.2026 10:59
Last update: 10:50 EDT.
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