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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Shares in Nvidia, Broadcom and Marvell and other U.S. firms that design artificial intelligence server chips each fell more than 17% Monday following the release of AI from a Chinese quant fund, which prompted some observers to speculate that demand for specialized AI chips might drop. ... Read more ›
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Before we get to our main item, I’d recommend you read yesterday’s scoop about Meta Platforms and other American developers reacting to the threat posed by DeepSeek, the hottest new artificial intelligence model (and consumer mobile app!) that has been sweeping the industry.On to the news…Last week I was at one of the largest data center conferences in the world, the Pacific Telecommunications Council conference in Hawaii, where the elephant... Read more ›
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Late last summer, leaders at Character.AI were worried: The company—which offers artificial intelligence chatbots that simulate conversations with Aristotle, Pikachu and other historic or invented characters—was seeing a sharp slowdown in user growth. In September messages to staff, which The Information viewed, Character’s interim CEO, Dominic Perella, said the slowdown was partly due to the back-to-school season. Perella’s acknowledgment underscored the fact that a significant portion of Character’s audi Read more ›
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HongShan Capital Group, formerly known as Sequoia Capital China, said it agreed to acquire a majority stake in Marshall Group in a deal that values the European audio equipment maker at 1.1 billion euros ($1.15 billion). The deal is HongShan’s largest-ever investment in Europe, the Chinese ... Read more ›
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Artificial intelligence researchers at Meta Platforms have been in panic mode. In recent days, leaders of some of the company’s AI teams openly worried that new conversational AI made by a Chinese hedge fund meant Meta was falling behind in the AI race. Leaders including AI infrastructure director Mathew Oldham have said they are concerned that the next version of Meta’s flagship AI, Llama, won’t perform as well as the... Read more ›
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President Donald Trump said Saturday that he is in talks with many people about buying TikTok and will likely make a decision on the video app’s future in 30 days, Reuters reported. Trump made those remarks while talking to reporters on Air Force One during a flight to Florida, according to ... Read more ›
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The White House may let TikTok stay in America by allowing Oracle and a group of investors that could include Microsoft to assume control of the app, NPR reports. While Oracle and the investors would “effectively take control of the app’s global operations,” TikTok’s Chinese parent company, ... Read more ›
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Meta Platforms has started testing advertisements on its text app Threads, the company announced Friday. The plan to bring ads to Threads, which was first reported by The Information in November, shows how Meta intends to make money from the app, which was launched in 2023 as a rival to X. ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: How Poppi hopes to win the battle of the bubbles • Space Inc.: What India’s space odyssey could look like • Plus, our Recommendations: An explanation for our problematic shopping; a master novelist’s slim oeuvre; and a movie podcast for the nerdiest film nerdsThe most powerful and well-connected people in crypto seem to think they’ve entered a period of enormous prosperity, if... Read more ›
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Back in November, Awais Ahmed, dressed all in black from his glasses to his trousers, paused for a moment outside his startup’s Bangalore laboratory to peer through a glass window at a stout contraption: a 2.5-foot-tall satellite partially covered in gold foil. A giant eye stared back at him. Mounted atop the satellite was a hyperspectral camera, containing a superpowered lens that would eventually capture a picture of the Earth... Read more ›
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What a week! President Donald Trump had promised a slew of executive orders once he took office, and the tech and finance industry executives who threw their support behind him expected several would address their long-held beefs with Biden administration policies.Trump delivered on the deluge. The crypto industry got almost everything it wanted, including a directive to ensure crypto companies would have access to banking services. Another order revoked the... Read more ›
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Meta Platforms on Friday said projected capital expenditures would rise around 60% this year to between $60 billion and $65 billion as the company develops more data centers for artificial intelligence, according to a Facebook post from CEO Mark Zuckerberg. The company had projected to spend ... Read more ›
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The Securities and Exchange Commission rescinded a Biden-era crypto accounting guidance that banks said have curbed their ability to provide custody of crypto assets. The earlier guidance—staff accounting bulletin No.121—directed public companies to record clients’ crypto assets as a liability ... Read more ›
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On this week's More or Less: Silicon Valley goes to Trump's inauguration and the truth behind Stargate. Apple Spotify YouTube Episode Transcript Read more ›
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Influencer marketing startup ShopMy raised $77.5 million in fresh funding from investors including Bessemer Venture Partners and Bain Capital Ventures, the company said Friday, as demand for tools to help brands strike promotional deals with creators surges. The funding boosts ShopMy’s valuation ... Read more ›
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On the ground floor of a nondescript condo building in east Austin last month, the wife-and-husband co-founders of Poppi made good on a promise they made to me: that they would offer me a taste test of their beverage company’s in-the-works flavors. It wasn’t quite like getting access to the secret Coca-Cola recipe, but it was as close as it comes at Poppi. “Take a sip,” instructed co-founder Allison Ellsworth,... Read more ›
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In the summer of 2022, a year after becoming CEO of Amazon, Andy Jassy wanted the executives running the company’s Prime Video business to tell him why it was spending billions of dollars a year on expensive shows such as “Lord of the Rings: The Rings of Power” and “Citadel.” At an annual planning meeting, Jassy showed particular annoyance about the costs of “Citadel,” a spy-action series whose budget had... Read more ›
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It’s a good bet that President Donald Trump cares a lot more about TikTok than Chinese President Xi Jinping does. That suggests the Chinese leader will have some bargaining leverage over Trump in whatever discussions the two have about the fate of the ByteDance-owned app. You can just imagine Xi pressing for big concessions on tariffs or Chinese access to U.S. technology in exchange for letting a U.S. company buy... Read more ›
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White House advisers including Michael Kratsios and David Sacks will submit an artificial intelligence plan to the president in 180 days, per an executive order that President Donald Trump issued Thursday. The action plan will focus on economic competitiveness, national security and “human ... Read more ›
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Nikola, a Phoenix, Ariz.-based developer of electric and hydrogen-powered semitrucks, is looking for ways to stave off a cash crunch, including selling parts of its business or the entire company, Bloomberg reported Thursday. The company’s share price dropped 28% after Bloomberg’s report was ... Read more ›
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22.03.2026 19:29
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