OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billion in a funding round, told investment bankers in recent weeks that it is getting ready to move off the sidelines and do more acquisitions, according to people who have spoken to its executives. It is considering... Read more ›
90
Amazon aims to avoid significantly growing its U.S. workforce while doubling the volume of products it sells by 2033, the New York Times reported on Tuesday, citing internal company documents. Without robotics and automation, the company would expect to need to hire more than 600,000 more people ... Read more ›
0
A flurry of tech mergers and acquisitions catalyzed by the artificial intelligence boom has been big business for lawyers. Latham & Watkins, which has landed on some of the highest-profile deals, says tech is moving fast and companies are keeping pace, sometimes getting transactions done in days. “It’s speed oftentimes because the deal is existential to the business, whether it’s getting the acquisition done before a competitor or raising capital... Read more ›
0
OpenAI on Tuesday unveiled ChatGPT Atlas, a web browser that allows users to search the web alongside a companion ChatGPT sidebar, confirming earlier reporting from The Information. The browser heightens OpenAI’s competition with Google, which handles most search questions on the web, including ... Read more ›
0
Netflix reported 17% higher revenue of $11.5 billion, right in line with its projection issued in mid-July, while operating income rose 28% to $3.2 billion. The company’s shares fell 6% in after-hours trading, perhaps because of investor disappointment that Netflix didn’t exceed its ... Read more ›
0
Google Cloud has hired Karthik Narain, a software industry veteran who was most recently chief technology officer at Accenture, to fill the newly created role of chief product and business officer, CEO Thomas Kurian announced in a LinkedIn post. Narain, who reports to Kurian, now oversees around ... Read more ›
0
Meta Platforms CEO Mark Zuckerberg must testify in the trial for a lawsuit alleging social media companies have harmed young users, a Los Angeles Superior Court judge ruled on Monday, CNBC reported. Instagram head Adam Mosseri and Snap CEO Evan Spiegel will also have to testify in the trial, ... Read more ›
20
Around the start of this year, executives at artificial intelligence providers like OpenAI and Salesforce said 2025 would be “the year of agents,” making it seem like fully autonomous AI would soon take over human jobs. Since then, Salesforce, Microsoft, SAP and many others pitched roughly seven types of agent to automate white collar tasks in realms like coding, HR, finance, and sales. But the promise of truly autonomous agents... Read more ›
0
The Federal Reserve is exploring creating a new type of account that could be used by crypto, fintech and other companies to process payments without using banks. Fed governor Chrisopher Waller, speaking at the Fed’s first-ever Payments Innovation Conference, said he has directed Fed staff to ... Read more ›
0
Elon Musk attacked acting NASA leader Sean Duffy in a series of X posts on Tuesday after Duffy said the space agency would consider alternatives to SpaceX for a Moon mission scheduled to launch in 2027. Duffy, who was named acting NASA administration by President Donald Trump in July and also ... Read more ›
0
Amazon Web Services said its cloud services had returned to “normal operations” as of Monday afternoon Pacific time, after a major global outage lasting more than 12 hours affected users of popular internet services such as Zoom, Netflix, Snapchat and Reddit. The outage affected servers in ... Read more ›
0
Andrej Karpathy, one of the founding members of OpenAI, on Friday threw cold water on the idea that artificial general intelligence is around the corner. He also cast doubt on various assumptions about AI made by the industry’s biggest boosters, such as Anthropic’s Dario Amodei and OpenAI’s Sam Altman.The highly regarded Karpathy called reinforcement learning—arguably the most important area of research right now—“terrible,” said AI-powered coding agents aren’t as exciting... Read more ›
40
Warner Bros. Discovery’s board of directors said it had begun a “review of strategic alternatives” as a result of “unsolicited interest the company has received from multiple parties for both the entire company and Warner Bros.” The announcement comes a few weeks after news reports said David ... Read more ›
2
In the past year, Mexican hotel chain Tafer Hotels & Resorts has seen traffic to its website fall 25%. Despite that, Tafer’s revenue is up year over year, according to Max Gomez Montejo, chief digital marketing officer at the hotel chain. Tafer isn’t alone. A growing number of companies say their websites are losing traffic, thanks to how artificial intelligence chatbots have changed the way people use online search. Yet... Read more ›
2
Sakana AI, a Tokyo-based developer of artificial intelligence, is in talks with U.S. and Japanese investors to raise $100 million at a valuation of $2.5 billion, up 66% from a financing a year ago, The Information reported. The startup, founded in 2023 by former Google researchers, plans to ... Read more ›
0
Nvidia is discussing guaranteeing some of the loans that OpenAI is planning to take out in order to build its own data centers, The Wall Street Journal reported, citing people familiar with the matter. Such a move would involve risks for Nvidia, as the chip giant could face hefty debt ... Read more ›
20
Sakana AI, a Tokyo-based developer of artificial intelligence, is in talks with U.S. and Japanese investors to raise $100 million at a valuation of $2.5 billion, up 66% from a financing a year ago, according to two people involved in the discussions. The funding talks come months after CEO David Ha said publicly that the company would operate profitably within a year. Sakana is developing AI with a different type... Read more ›
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It’s the calm before the earnings storm. Netflix kicks off tech earnings on Tuesday with its third-quarter report, and most of the big tech names come next week. Already, though, investors are anticipating the news. That’s most obviously true of Apple, whose shares jumped 4% on Monday on a research report about strong sales of the recently released iPhone 17 series. After spending most of the year below its 2024... Read more ›
0
Everett Randle, a former partner at Kleiner Perkins investing out of its growth-stage funds, has joined Benchmark as the firm’s newest general partner, the early-stage firm announced Monday. At Kleiner, Randle worked on investments including enterprise search startup Glean and legal AI ... Read more ›
22
Amazon Web Services has named Jason Bennett, a 15-year veteran of the cloud provider’s sales ranks, as its new vice president of global startups and venture capital, according to two people with direct knowledge of the appointment. Bennett, who has spent the past year as vice president of ... Read more ›
0
Amazon Web Services says it is continuing to work on restoring access to cloud servers and other products after an outage that began overnight in its data centers in northern Virginia, which handle a majority of its web traffic in North America. The outage, which affects the AWS US-East-1 data ... Read more ›
0
Most popular sources
Business Insider
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18% 2 |
MacRumors
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16% 1 |
The Verge
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10% 1 |
Gizmodo
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9% 1 |
Wired
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7% 1 |
| View sources » | |
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24.10.2025 05:32
Last update: 05:25 EDT.
News rating updated: 12:22.
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