Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startup’s $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more ›
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Meta Platforms seems to have jumped the gun on its latest hardware news. Meta’s YouTube channel published a video showing a new version of its Ray-Ban smart glasses with a display and a wristband for controlling the device, UploadVR reported on Monday. The video, which was quickly removed from ... Read more ›
0
Online brokerage app Robinhood said Monday it plans to launch a fund that will allow retail investors to get access to private companies before they go public, pending regulatory approval. Robinhood Ventures Fund has filed paperwork with the Securities and Exchange Commission to register the ... Read more ›
0
Fast-growing crypto exchange Hyperliquid’s users voted Sunday to select Native Markets, a startup that partners with Stripe-owned stablecoin infrastructure firm Bridge, to issue its upcoming stablecoin USDH after a bidding war. Given the scale of Hyperliquid, the vote has the potential to ... Read more ›
0
Google’s parent Alphabet became a $3 trillion company on Monday, joining Nvidia, Microsoft and Apple in that category. Shares of Google rose 4.5% to $251, giving the company a market capitalization of $3.04 trillion. The rally, part of a broader upswing in the market likely spurred by ... Read more ›
0
Nvidia agreed to purchase $6.3 billion of cloud computing capacity from CoreWeave, the latest example of the chip company striking a deal to rent its own chips from a third-party cloud business. Under the agreement, Nvidia will purchase cloud capacity that CoreWeave isn’t able to sell to other ... Read more ›
0
On paper, Informatica, a Redwood City-based cloud software firm with 5,000 white collar employees, is exactly the type of company that should be gung-ho to pay up and buy Office 365 Copilot, the version of Microsoft’s flagship software that comes with artificial intelligence features. And more than a year ago, Informatica did test out Office 365 Copilot for a handful of its employees, according to CIO Graeme Thompson. But Thompson... Read more ›
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These days, artificial intelligence developers, investors and founders are all obsessed with “reinforcement learning,” a method for improving AI by rewarding it for accomplishing certain goals and penalizing it for other behaviors.Investors tell me that they’re getting pitched on dozens of RL-related startups per week, ranging from those building simulations of real apps for models to learn how to use to those aiming to help businesses specialize models on their... Read more ›
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Elon Musk has purchased 2.57 million Tesla shares valued at about $1 billion, the electric automaker said in a regulatory filing on Monday. Musk’s buying, which is his first significant purchase of Tesla shares since February 2020, brings his total stake in Tesla to about 413 million shares. The ... Read more ›
0
The U.S. and China have reached a deal on TikTok, allowing it to continue operating in the U.S., President Donald Trump hinted in a Truth Social post on Monday morning, as trade talks between the two countries progress. Trump said the meeting “will be concluding shortly. A deal was also reached ... Read more ›
2
Salesforce CEO Marc Benioff was upset. Last fall, one of his technical teams told large Salesforce customers that using Agentforce, the software firm’s new artificial intelligence for automating customer service and other functions, would require extensive planning. The product information the Salesforce team shared with those customers acknowledged the complexity of making the AI perform well. That message contradicted Benioff, a charismatic salesman who had been telling customers that using... Read more ›
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U.S. Treasury Secretary Scott Bessent said Monday that the U.S. and China are “very close” to reaching an agreement on a deal for TikTok, according to Bloomberg and other media outlets. Bessent made the comment in Madrid, Spain, where he is leading the U.S. delegation’s trade negotiations with a ... Read more ›
0
Chinese regulators announced Monday that Nvidia violated anti-monopoly law in its $7 billion acquisition of Israel’s Mellanox Technologies. Beijing’s attack on Nvidia comes at a time when senior officials from the U.S. and China are entering the second day of trade negotiations in Spain. The ... Read more ›
0
OpenAI expects to further reduce the revenue it shares with partners, namely Microsoft, over the next half decade, even as it forecasts revenue will climb toward $200 billion. The ChatGPT maker projects sharing about 8% of its revenue with its partners in 2030, down from just under 20% this ... Read more ›
0
Perplexity has drawn plenty of its headlines for its relentless fundraising—which recently valued the artificial intelligence search firm at $20 billion—and its penchant for declaring big-ticket acquisition targets like TikTok. But its efforts to build businesses in online shopping and advertising, which would put Perplexity’s revenue growth on more sustainable footing, have moved much more slowly. Nearly a year after the company began selling ad space and letting users buy... Read more ›
23
Penske Media Corp., owner of a wide range of entertainment publications include Rolling Stone, Variety and Billboard, sued Google on Friday, alleging its introduction of AI overviews to search results had reduced traffic to Penske’s websites and its revenue. Penske alleged that Google’s AI ... Read more ›
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Elon Musk’s xAI has laid off about 500 workers on its data annotation team, representing about a third of the group, Business Insider reported Friday. The employees, which xAI calls “AI tutors,” had been performing tasks similar to those done by companies like Scale AI and Surge AI, such as ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Anthropic’s different approach to Trump • The Arena: Steve Ballmer may be too rich for the NBA• Artificial Intelligence: AI boom complicates how schools recruit, retain doctoral students • Plus, our Recommendations: “Fiasco: Benghazi,” “Make Me Commissioner” and “And So It Goes”Elizabeth Holmes, the Theranos founder convicted of defrauding investors in 2022, seems intent on winning back the hearts and minds of... Read more ›
0
On the eve of U.S.-China trade talks, tensions increased on Friday after the U.S. added a number of Chinese chip firms to the list of companies deemed a threat to national security and which are restricted from buying U.S. technology. That prompted China to retaliate, by announcing a ... Read more ›
0
Earlier this week, a handful of the richest people in the world convened at a five-star hotel in midtown Manhattan to discuss typical titans-of-industry fodder: overseas expansion, the future of media, yadda yadda. But there was an elephant in the room: Did a billionaire in their ranks secretly siphon millions of dollars to an NBA star through a now-bankrupt tree-planting startup? The billionaire on the minds of NBA team owners... Read more ›
7
Even though applications aren’t due until December, an avalanche of emails have already hit Naomi Saphra, a soon-to-be assistant professor of computer science at Boston University who’s currently finishing up research across town at Harvard University. The messages are from people eager to join Saphra as BU doctoral students and contribute to her work on natural language processing, part of the bedrock of the AI revolution. Her decision is more... Read more ›
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Most popular sources
Business Insider
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23% 15 |
Financial Times
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21% 21 |
Tom's Hardware
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9% 5 |
MacRumors
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6% 2 |
Android Authority
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6% 0 |
| View sources » | |
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28.10.2025 18:16
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