U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more ›
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YouTube is testing a cheaper version of its paid, ad-free YouTube Premium service, the company confirmed. It’s unclear what the price of this cheaper tier will be, while YouTube Premium is priced at $13.99 per month. The news was first reported by Bloomberg. In a statement, a YouTube ... Read more ›
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Kleiner Perkins is leading an investment round into Codeium at a nearly $3 billion valuation, including the capital, according to two sources with direct knowledge of the matter. The deal comes just months after the coding assistant startup raised at $150 million a $1.25 billion valuation and ... Read more ›
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TikTok told employees Thursday that it is planning to make cuts to its global trust and safety team, according to two people with knowledge of the situation. The internal announcement comes a week after CEO Shou Zi Chew hinted at the possiblity of cuts during an all-hands meeting for ... Read more ›
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It’s now common to hear CEOs talk about how they’re using artificial intelligence to cut costs. But here and there some are poking holes in their peers’ rosy statements. Airbnb CEO Brian Chesky, for instance, said on the company’s earnings call that AI-powered coding assistants haven’t led to a “fundamental step change in productivity yet.” Read more ›
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Figure Markets, a crypto startup led by SoFi Technologies co-founder Mike Cagney, said it is launching an interest-bearing stablecoin available for retail investors in the U.S., the first in the industry, after successfully registering the product with the Securities and Exchange Commission. ... Read more ›
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Salesforce CEO Marc Benioff has long been a vocal critic of Microsoft. A couple of years ago, he accused the company of violating antitrust laws in how it sells software bundles. More recently, he has slammed its artificial intelligence chatbot for giving inaccurate responses and being difficult to use. But that history hasn’t stopped Salesforce from including Microsoft in negotiations it is having with several cloud providers—also including Google and... Read more ›
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Lawyers representing Elon Musk’s X and Interpublic Group spoke in December, with X’s lawyer suggesting that the ad conglomerate’s clients should start spending more on the social media platform, or face potential repercussions, The Wall Street Journal reported on Thursday. X’s CEO Linda ... Read more ›
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Amazon is taking creative control of the James Bond films through a deal with the family that has long controlled the franchise, the company said Thursday. Amazon MGM Studios has formed a new joint venture with Barbara Broccoli and Michael G. Wilson, who have long controlled the franchise after ... Read more ›
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As Meta Platforms tries to make its large language model Llama the industry standard for artificial intelligence, it is not only courting big businesses but also taking steps to work with one of the largest customers in the world: the U.S. government. In November, the company poached Clara Shih from Salesforce, where she was CEO of Salesforce AI, to head a new group building AI tools for businesses. Since joining... Read more ›
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Alibaba Group said it will soon release a new artificial intelligence “deep reasoning model,” in what could be the Chinese tech giant’s answer to the recent success of DeepSeek. Alibaba CEO Eddie Wu said during a conference call with analysts Thursday that the new reasoning model is built on the ... Read more ›
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To make Facebook cool again, Meta Platforms is asking some of the most popular creators on YouTube for advice, ranging from MrBeast to Mark Rober, a former NASA engineer who explains scientific concepts. The creators aren’t holding back. Facebook has a “big hill to climb,” said Rober, who has 64 million followers on YouTube and 5.3 million on Facebook, and whose team has been talking to Meta about Facebook for... Read more ›
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We got big news from both Microsoft and Apple today! Microsoft unveiled a new advance in quantum chips—which the software giant hinted could revolutionize computing in the next few years—while Apple unveiled a new iPhone, the 16e, which is a bit cheaper than its flagship line of smartphones and is the first device to use an Apple-designed cellular modem. Yes, while Microsoft is trying to change the very nature of... Read more ›
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Long gone are the days when podcasting just meant audio episodes. Spotify and others have been pushing podcasters to post video versions of their shows, which can open up new types of advertising such as product placement and give podcasters video clips that can expand their reach. But some podcasters are skeptical that the video effort will pay off.  Video is “forcing people to change what the core competency of... Read more ›
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Apple revealed the iPhone 16e, the low cost version of its latest iPhone, on Wednesday. The device will cost $599 for 128GB of storage, $200 less than the iPhone 16 with the same storage but $120 more expensive than the SE, its previous low-cost model. The iPhone 16e includes Apple Intelligence, ... Read more ›
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Hydrogen fuel-cell truck developer Nikola filed for bankruptcy on Wednesday after years of struggle following the resignation of its founder, Trevor Milton, who was convicted of securities fraud in 2022. Phoenix-based Nikola said in the filing that it owes $97.7 million. The company was founded ... Read more ›
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Microsoft on Wednesday announced a new quantum computing chip called “Majorana 1” that it said is more reliable than previous quantum computers. The chip reflects a scientific breakthrough in the quantum computing field and could be used to train and run large AI models in “years, not decades,” ... Read more ›
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Microsoft on Wednesday unveiled a new generative artificial intelligence model that can be used to generate video game scenes and environments, which change in response to a game player’s actions on their game controller. The model, called Muse, was trained by Microsoft researchers and staff in ... Read more ›
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Elon Musk’s X is in talks with investors to raise fresh equity capital at the $44 billion valuation at which Musk bought the social media firm, then known as Twitter, in 2022, Bloomberg reported. If Musk succeeds, it would be an extraordinary turnaround given that X’s valuation has dropped ... Read more ›
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Binance.US, the American entity of crypto exchange Binance, said it is restoring the ability for customers to deposit and withdraw U.S. dollars after finding a payment service provider to work with. The exchange became a poster child of the crypto industry’s challenges in getting access to ... Read more ›
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One of the earliest AI Agenda newsletters in August 2023 made the bear case for large language model developers. Over the last year-and-a-half, our predictions from that day seemed to largely come true, as model makers like OpenAI moved more into applications and cheap AI releases from DeepSeek and others threatened the margins of those selling AI models to developers.So why then, has the flood of new model makers with... Read more ›
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22.03.2026 07:01
Last update: 06:55 EDT.
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