Microsoft is rolling out new ‘Copilot’ features in its Office 365 software in an effort to convince more businesses to spend on the $30-per-user AI software, CEO Satya Nadella said Monday. The company is adding a new “Copilot Agents” feature that lets people configure AI agents that will carry ... Read more ›
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OpenAI finally released its Strawberry reasoning artificial intelligence last week—or rather, an initial, less-complete version known as o1-preview. We first reported about the breakthrough behind Strawberry 10 months ago when it was still called Q*, and more recently told you what was coming, though we expected a more inspiring name than o1-preview!The reasoning model differs from prior large language models like GPT-4 in one key way: When training the reasoning... Read more ›
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TikTok’s parent company, ByteDance, is accelerating efforts to make its own artificial intelligence chips as it looks for an edge over its rivals in China’s AI chatbot market. ByteDance is aiming for mass production of two semiconductors it has designed by 2026, in collaboration with chipmaker Taiwan Semiconductor Manufacturing Co., according to two people with direct knowledge of the matter. Production of the chips could reduce ByteDance’s dependence on costly... Read more ›
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Insight Partners has $10 billion in commitments from its investors for its latest fund to back private tech startups, according to a person briefed on its plans. While that’s half the $20 billion it had originally targeted at the tail end of the 2021-2022 bull market, it’s still a massive fund ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The firebrand investor who can explain MAGA tech• The Top 5: The doggone best pet gadgets• Plus: San Francisco goes Bourbon Street for fall; how yuppies live on; and the immigrants and the internet. Remember when an Apple unveiling was actually exciting? Honestly, I can’t. It’s probably been nearly a decade. This week brought more snoozy sameness. The iPhone got a new... Read more ›
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Walt Disney Co. reached a tentative agreement with satellite TV operator DirecTV that will allow Disney’s TV channels to be restored to DirecTV’s lineup, the companies announced on Saturday morning. The agreement had blacked out Disney’s ESPN during the US Open. Under the ... Read more ›
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Startups that can cut down on costly paperwork for lawyers using generative artificial intelligence continue to draw investor dollars, despite the high costs of developing that software and the difficulties the startups face in acquiring exclusive legal data to train their models.The latest: San Francisco-based EvenUp, which develops AI software to help personal injury lawyers compile claims using medical documents and case files, is in talks to raise a new... Read more ›
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Penny Lane, a Boykin spaniel living in the East Bay, is a bolter. It comes naturally to her: The Boykin, which is the state dog of South Carolina, was bred to fetch game during a hunt. “We live in the suburbs, so there’s some retrieving to be done, but not as much as one wishes,” said Penny’s owner, Allison Braley, a Bain Capital Ventures partner. “The concern is always, ‘Does... Read more ›
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It’s no surprise that President Joe Biden isn’t a TikTok fan: He’s not really the target demographic. But the president signaled today that he also isn’t a fan of Temu or Shein, two online shopping sites with ties to China that sell lots of cut-price clothing, housewares and other stuff. The Biden administration is taking new steps to close the import duty loophole that has allowed both shopping services to... Read more ›
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The Biden administration’s decision on Friday to end an import exemption that fueled the popularity of sites like Temu and Shein is likely to force China-founded sellers to fast-track overhauling their supply chains—and raise their ultracheap prices. The proposed trade rule changes could also prompt strategy shifts at U.S. apparel brands that have embraced selling direct from China, including venture-backed brands like Cider and Quince, and logistics startups like ShipBob... Read more ›
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Alphabet’s self-driving car business, Waymo, is expanding its robotaxi ride-hailing partnership with Uber to people in Atlanta and Austin next year. The two companies already operate a similar partnership in Phoenix, although in that city, Waymo also operates its robotaxi service through its own ... Read more ›
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Perhaps I was a little too harsh on Sam and Dave in this episode when I accused them each of blindly following their favorite tech CEO. But that's part of the fun of More or Less, where we give you our real views on people and companies—and call each other out on our quirks. I enjoyed this episode very much. It's the kind of discussion and debate that looks back—and... Read more ›
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“You’ve been here before?” asked the guard at the gate, a pistol fastened to his belt. I shook my head no. “If you go past the red Tesla,” the guard said, waving my Uber through, “you’ve gone too far.” After a few minutes of Texas shrubland, we arrived at Joe Lonsdale’s back door, where another armed guard ushered me out of the 100-degree heat and into a Spanish-style villa complete... Read more ›
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A clearer picture is emerging of OpenAI’s massive financing, which values the ChatGPT developer at $150 billion. Venture capital firm Tiger Global Management plans to participate in the multi-billion dollar round, according to people familiar with the matter. Tiger would join Thrive Capital, Microsoft, Nvidia, Apple and the Abu Dhabi AI investment firm MGX, as well as Khosla Ventures which are also in talks to participate in the multi-billion dollar... Read more ›
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In 2022, not long after the window for initial public offerings slammed shut, European early-stage investment firm Speedinvest hired someone who informally began using a wonky new job title. The firm’s self-styled “head of DPI” is in charge of making sure the distributed to paid-in capital ratio—a measurement of the cash the firm has returned to investors—is as strong as possible. While venture capital firms have long paid attention to... Read more ›
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The Biden administration said Friday it would move to significantly limit a trade provision used by e-commerce companies like Temu and Shein, as part of an effort to crack down on illegal and unsafe goods entering the U.S. The provision, known as de minimis, allows individuals to import up ... Read more ›
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The CEOs of Nvidia, Microsoft, CoreWeave, Amazon Web Services and OpenAI met with the U.S. secretaries of energy and commerce at the White House on Thursday to discuss how the energy grid would handle growing power needs from artificial intelligence and how to speed up the development of ... Read more ›
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OpenAI today released its much-anticipated Strawberry artificial intelligence model, designed to “solve harder problems” than its previous models, as the company said in its blog post today. Here’s a problem it should try to tackle: How can investors justify investing money in the ChatGPT maker at a $150 billion valuation, the level at which OpenAI is raising money right now? (For more on that, see our scoop today about the... Read more ›
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OpenAI has been talking to a UAE state-backed fund about participating in the artificial intelligence developer’s capital raise of up to $7 billion, The Information reported Thursday. The fund, MGX, would join existing investors Thrive Capital, Microsoft, Khosla Ventures and others in the ... Read more ›
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For cybersecurity investors rattled by a year filled with valuation haircuts for high-priced cybersecurity companies, Thursday offered a glimmer of hope that home-run deals are still possible in the sector.Mastercard announced that it will acquire threat intelligence startup Recorded Future for $2.65 billion from private equity and venture capital firm Insight Partners. Insight had acquired it for $780 million in 2019, notching a 3.3 times return on investment for the... Read more ›
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15.11.2025 13:23
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