I’ve spent the last few days at March Capital’s Montgomery Summit. The mood was pretty buoyant: preparations to go public by startups such as CoreWeave were stoking excitement among venture capitalists and their backers, who have been waiting three years for exits that can return their investments. But the chill in the Santa Monica air also permeated many of the conversations I had. Limited partners, ranging from family offices to... Read more ›
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Broadcom said Thursday its revenue from designing and selling artificial intelligence server chips rose 77% to $4.1 billion in the quarter that ended in Feb. 2 from the same period a year earlier. It projected $4.4 billion in such revenue in the current fiscal quarter, up 44% from a year ... Read more ›
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Businesses are racing to adopt artificial intelligence solutions that will boost efficiency, increase revenue or give them a competitive edge. But with so many startups promising that their offerings will unlock these benefits, how can AI companies develop go-to-market strategies that stand out? At AI Agenda Live, Sri Muppidi, a venture capital reporter at The Information, spoke with three leaders grappling with this question: Guru Chahal, partner, Lightspeed Venture Partners... Read more ›
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It seems that the more enterprises spend on AI, the more they have to spend on AI. Surpassing the startup costs of deploying AI models are those for maintaining the technology—from acquiring the GPUs to building out the storage centers to house all that sensitive data. In 2025, companies are adding billions of dollars of investment to the billions they’ve already spent on the technology. It’s little wonder that many... Read more ›
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On Friday, I’m heading to South by Southwest, the annual tech and arts festival in Austin. If you’re in town, let’s grab coffee or tacos! I’m also speaking on two panels on Sunday. One is focused on 2025 trends in the creator economy, while the other is about labor issues in the sector. Hope to see some of you there! The creator economy has become a significant part of virtually... Read more ›
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President Donald Trump told reporters on Thursday he would “probably” extend the deadline for a sale of TikTok if a deal is not reached by April 5. Trump said there was “a lot of interest” in TikTok and that “right now we have at least another month, so we don’t need an extension” when reporters ... Read more ›
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The Commerce Department plans to tap former Morgan Stanley banker Michael Grimes to lead President Donald Trump’s U.S. sovereign wealth fund, according to Reuters. Trump signed an executive order in February to establish the fund—a vehicle for investment—and gave the secretary of the Treasury, ... Read more ›
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Google co-founder Larry Page has formed a new company, Dynatomics, to upend manufacturing with artificial intelligence. Page and a small group of engineers are working on ways to use large language models to create highly optimized designs for a wide variety of objects and then have a factory build them, according to two people knowledgeable about the effort. Read more ›
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Last week, Spenser Skates, CEO of analytics firm Amplitude, met with executives from eBay, a major customer. EBay has periodically run into issues with Amplitude’s product, which helps companies understand the performance of their ads and how consumers use their websites, and has sent hundreds of support requests to Amplitude—too many for Skates to look through manually.So Skates asked his team to use ChatGPT to parse the data and figure... Read more ›
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Investors have declared Uber the winner in its bitter ride-hailing battle with Lyft. It’s true that Uber dominates the industry, but Lyft might be the better investment right now. Uber’s success is no secret. Its customers spent a total of $163 billion on the platform in 2024, roughly 10 times the value of transactions on Lyft over the same period. Uber’s market cap is more than 30 times bigger than... Read more ›
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DeepSeek’s artificial intelligence models continue to reverberate in its home market of China as well as in the West.For starters, most of China’s consumer tech giants, which have been developing their own AI, have swallowed their pride and are integrating DeepSeek in their products. Perhaps more importantly, the companies are featuring those integrations as a selling point to consumers, according to my colleagues’ story this morning. That would be akin... Read more ›
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Microsoft has cut some of its planned contracts with the data center startup CoreWeave due to delivery issues and missed deadlines, The Financial Times reported Thursday. The pullbacks raise questions about the durability of CoreWeave’s business ahead of its planned initial public offering. ... Read more ›
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The breakout success of DeepSeek has triggered soul searching among Chinese tech giants including ByteDance, Alibaba Group, Tencent Holdings and Baidu. The conclusion: All four are swallowing their pride and embracing the startup’s technology. Over the past month, the four companies have either integrated DeepSeek’s artificial intelligence models into their products alongside their own AI models or are considering doing so. Some, such as Tencent and Baidu, are even using... Read more ›
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Discord, the social messaging app, is in early talks with bankers about an initial public offering, the New York Times reported Wednesday. The company could go public as early as this year, according to the report. “We understand there is a lot of interest around Discord’s future plans, but we ... Read more ›
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The stock market recovered a little, as expected, thanks to President Donald Trump’s slight retreat on tariffs. But the market volatility claimed a victim—The Information reported tonight that private equity–backed Genesys, which makes customer service software, has delayed a planned IPO because of the market upheaval. This likely won’t be the last deal to get called off due to the current market swings.Meanwhile, YouTube, the goliath of online video, has... Read more ›
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Salesforce co-founder and CEO Marc Benioff has spent months criticizing Microsoft’s AI chatbot for giving inaccurate responses, and now Microsoft is fighting back. Microsoft unveiled a new AI agent that uses data from its customer management software, as well as Salesforce’s, to automate the ... Read more ›
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A Senate committee Wednesday held a confirmation hearing for Jay Bhattacharya, President Donald Trump’s pick to lead the National Institutes of Health. The doctor and Stanford University professor has criticized the agency for its handling of the Covid-19 pandemic and argued that the Biden Administration pressured social media sites to suppress his criticisms of lockdowns.Since then, Bhattacharya has continued to argue against vaccine mandates on his X account, which has... Read more ›
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Genesys, a private equity-backed customer service software company, delayed what would have been one of the largest initial public offerings of the year, citing a sliding stock market, people familiar with the matter said. The company’s advisers told people in recent days that it would push back the IPO by at least a few months, rather than try to go public in April or May as it had planned, the... Read more ›
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The Italian government is having doubts about completing a $1.6 billion deal with Elon Musk’s Starlink, Bloomberg reported, citing people who said the concerns related to the U.S. retreat on commitments to European security. Starlink faces alternatives such as Eutelsat Communications in Italy, ... Read more ›
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Microsoft’s commitment to invest more than $13 billion in OpenAI won’t trigger an antitrust investigation in the UK, the country’s antitrust regulator said Wednesday. The UK’s Competition and Markets Authority found that Microsoft’s investment in OpenAI granted it “material influence” over the ... Read more ›
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23.03.2026 21:18
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