Paxos, a stablecoin issuer and blockchain infrastructure provider, said it has launched a stablecoin service for payments providers, with Stripe being its first customer. Last week, Stripe launched a feature that allows merchants to accept stablecoins for payments, powered by Paxos’ ... Read more ›
0
Goldman Sachs and Bank of America on Tuesday joined other Wall Street banks in reporting jumps in investment banking and trading revenue for the third quarter. Goldman’s equities trading revenue rose 18% to $3.5 billion while investment banking fees rose 20% to $1.9 billion. At Bank of America, ... Read more ›
0
Harry Stebbings, host of The Twenty Minute VC podcast, has raised $400 million across two new funds from limited partners including MIT Investment Management Company and Horsley Bridge. The larger haul will allow Stebbings, who raised $140 million in 2021, to lead more deals, he told ... Read more ›
0
The New York Times Company sent AI startup Perplexity a “cease and desist” notice demanding that the firm stop using its content, the Wall Street Journal reported. The letter follows a lawsuit filed by the Times against OpenAI at the end of last year, alleging copyright infringement in how the ... Read more ›
0
Score one for OpenAI? Before we get to today’s column, we should flag Aaron’s scoop yesterday about OpenAI hiring one of Microsoft’s most prominent artificial intelligence researchers. It must be a welcome relief for OpenAI to be on the receiving end of such a move for a change.Onto today’s issue…Between headlines about OpenAI’s multibillion-dollar financing and executive drama, you might have forgotten it’s also reworking its convoluted structure so that... Read more ›
33
For years, many crypto and fintech startups viewed hiring staffers to ensure their businesses followed the rules as an afterthought. Hires to oversee compliance with financial regulations aren’t a flashy sign of growth like software engineers or big-name product hires. Now, compliance staffing has become top of mind for these companies, according to industry executives and advisors. From fintech darlings Plaid and Stripe to crypto companies Tether and Binance, and... Read more ›
0
Crusoe, a data center company focused on artificial intelligence, is in advanced discussions to raise several billion dollars in debt financing for a data center it is building for OpenAI in Texas, according to two people with direct knowledge of the situation. Crusoe, which previously focused ... Read more ›
30
It may feel like we’ve just finished earnings season—but hey, time flies when you’re having fun. Yes, earnings are upon us again. Netflix, as always, kicks off tech’s roster of quarterly reports on Thursday. And there are a bunch of recent buyers of Netflix stock who have much riding on what the streaming giant reports.Netflix stock has hit new all-time highs in the past month, lifting it to as high... Read more ›
0
Prototypes of Tesla’s Optimus robot, which were showcased at the company’s event unveiling several robotic test products last week, were operated remotely by human staff, Bloomberg reported. The October 10 event also revealed Tesla’s CyberCab, a prototype autonomous two-seat taxi. At the party, ... Read more ›
0
Google signed a power purchase agreement with an Alameda, Calif.-based nuclear energy startup that plans to build and operate several nuclear power plants, which could one day fuel its data centers. The plants won’t be built until the end of the decade at the earliest, and there are several ... Read more ›
0
Nvidia is once again in range of becoming the world’s most valuable company. Stock of the AI chip maker rose 2.4% to $138 today, giving it a market capitalization of $3.386 trillion. Nvidia is now second only to Apple, which currently has a market capitalization of $3.5 trillion. ... Read more ›
0
Sebastien Bubeck, one of Microsoft’s most prominent artificial intelligence researchers, is leaving to join OpenAI, he told staff on Monday. Bubeck was a public face of much of Microsoft’s development of large language models over the past two years. His team used special access to ... Read more ›
0
Operating profit at Google’s AI research unit, DeepMind, increased 91% last year to 136 million pounds, or about $175 million, as it merged with Google Brain, a sister AI research group, according to a regulatory filing in the U.K., where DeepMind has been based. When it was previously a ... Read more ›
0
When it comes to recruiting and retaining artificial intelligence researchers, OpenAI has faced tougher competition this year from old and new rivals. Now it’s facing pressure from a very recent former employee: ex-chief technology officer Mira Murati.Murati, whose last day was Friday, October 4 and now is as an advisor to the company, has been speaking with OpenAI employees about potentially joining her next venture, though she hasn’t disclosed exactly... Read more ›
22
Indonesia’s government has ordered that Chinese-owned e-commerce app Temu be blocked from Google and Apple app stores in the country, Reuters reported. The order prevents Temu, owned by Chinese e-commerce giant PDD Holdings, from launching in Indonesia. The move is aimed at ... Read more ›
0
After a decade of acquisitions and internal product launches in groceries and pharmacy delivery, Amazon is taking steps to streamline the mishmash of services it now operates and reinvigorate growth in both markets. For instance, Amazon has begun to unify its two online pharmacy operations, which consist of PillPack, a service Amazon bought for $753 million in 2018, and Amazon Pharmacy, a separate delivery service launched in 2020, three Amazon... Read more ›
0
As the artificial intelligence hype cycle wanes, business leaders are pushing to move beyond experimental approaches and find applications that yield tangible value for their business. But with an emerging technology like AI, it can be difficult to distinguish between groundbreaking new use cases and short-lived fads. For Colleen Aubrey, senior vice president of AWS Solutions at Amazon, the answer lies in moving beyond the big picture and getting granular... Read more ›
0
Smart devices and connected apps are a part of daily life for many people—sharing our location, keeping an eye on our homes, and even monitoring our sleep cycles and heart rates. This ecosystem of connected experiences offers new conveniences and insights, but it also raises critical questions about information overload, data privacy, and whether these technologies will one day be able to successfully integrate with existing systems and processes. At... Read more ›
0
Elon Musk’s SpaceX began its fifth test flight of its giant Starship rocket on Sunday morning, as scheduled, and made major progress when it landed the second stage booster back on the launch pad by having the tower “catch” it. Musk tweeted video of that operation as it occurred. ... Read more ›
0
Elon Musk’s SpaceX plans the fifth test flight of its giant Starship rocket on Sunday morning, after getting FAA approval for the flight on Saturday. In a post on its web site, SpaceX said the fifth test flight aims to “take another step” to reusing the rocket. In the fourth ... Read more ›
0
Most popular sources
Business Insider
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24% 1 |
Wired
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14% 8 |
Tom's Hardware
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12% 4 |
Vox
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6% 5 |
Gizmodo
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6% 1 |
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14.11.2025 20:38
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