I spent Wednesday at the White House’s first Creator Economy Conference, which gathered 100 people including social media influencers, talent managers and startup founders and featured a surprise appearance from President Joe Biden. Biden spoke for about 30 minutes, cracking several jokes about his age and quipping that he invited creators to the White House because he’s “looking for a job.” Read more ›
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Radical Ventures, an artificial intelligence-focused venture capital firm, has raised almost $800 million for a new fund, according to Bloomberg, which first reported the news. Radical Ventures was an early backer of model maker Cohere, recently valued at $5.5 billion. Radical’s new fund will ... Read more ›
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Human resources software firm Rippling raised $200 million from investors in April with a pitch that its ability to help companies manage employee data could also help them manage their computers, payroll and corporate credit cards. CEO Parker Conrad hopes to appeal to businesses that want to deal with fewer software systems. Rippling also is expanding internationally, most notably in India, where it recently hired Mrinal Chatterjee, a veteran of... Read more ›
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Some call them plagiarism bots, while others see them as a new capital asset that will change economies and societies. Some call them stupid, while others believe it’s stupid not to recognize their full potential. So what’s the right way to think about large language models? The Information asked its readers how they view LLMs, or computational models driven by machine-learning algorithms. The report below summarizes the results of a... Read more ›
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In tech, hype can only carry you so far. That’s one lesson from Google’s new product presentation on Tuesday, when it announced a flurry of updates to its devices that competitors like Apple and OpenAI have been talking about (but not shipping) for months.First, Google beat its rivals to launching an AI-powered voice assistant that’s flexible enough to handle interruptions and sudden topic changes from users. OpenAI only started letting... Read more ›
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Chinese tech giant Tencent’s net profit jumped 82% in the second quarter, thanks to growing advertising sales and a recovery in its videogame business in China. Tencent, which operates WeChat, said its revenue rose 8% in the quarter. Revenue from advertising rose 19%, driven mainly by ... Read more ›
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Cybersecurity startup Wiz recently turned down a $23 billion acquisition offer from Google to pursue an initial public offering. But the startup faces a major hurdle in that effort: It needs to hire a chief financial officer first, and so far it hasn’t been able to find the right person, said people familiar with the company. As a result, Wiz likely won’t go public until 2026 at the earliest, one... Read more ›
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Intel Corp sold all of its 1.18 million share stake in British chip designer ARM Holdings, according to a regulatory filing on Tuesday, as the Santa Clara, Calif.-based company strives to turn around its businesses. Intel’s stake in ARM was valued at $147 million as of the end of March, when the ... Read more ›
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OpenAI on Tuesday released an improved set of coding challenges that AI companies can use to test their models’ programming capabilities. The challenges are drawn from a collection of real programming problems dubbed SWE-bench, short for software engineering benchmark, which are notoriously ... Read more ›
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Google executive Rick Osterloh promised today to demonstrate to consumers exactly what artificial intelligence can do for them. But the array of impressive AI-powered features he displayed for Google’s newest Pixel line of phones may not be quite what consumers are looking for.While some features, such as Google’s new virtual assistant (for all Android phones) look smart—more here—you can easily imagine a backlash to some other offerings. For instance, one... Read more ›
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Google announced a revamped virtual assistant for Android phones on Tuesday at Made by Google, its hardware event. The virtual assistant, powered by Google’s chatbot Gemini, can work across Google’s apps to help users draft messages and schedule calendar events. Subscribers to Gemini Advanced ... Read more ›
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Venture capital investors are quite willing to pour money into artificial intelligence startups with largely unproven products. So it’s notable when some investors view a startup as too much of a crazy bet.That’s a taste of the response my colleagues and I have seen when we started to ask about Liquid AI. The one-year-old startup, spun off from a Massachusetts Institute of Technology research lab, is developing a low-cost alternative... Read more ›
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On Friday, I published a story about TikTok’s latest efforts to get more users on the app as third-party data shows a sharp slowdown in user growth from pandemic highs. In the U.S., TikTok users for a limited time can get steeply discounted goods, such as makeup and electronics, for just one cent when they invite new friends to the app. That builds on a referral scheme the ByteDance-owned company... Read more ›
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EU Commissioner Thierry Breton’s open letter to Elon Musk was “neither coordinated nor agreed” with European Commission President Ursula von der Leyen, a spokesperson for the governing body told reporters in a taped news conference Tuesday. The public criticism of Breton, one of Europe’s most ... Read more ›
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X is expecting to take in about $2 billion in advertising revenue this year, Axios reported. That’s a drop from 2023 when the company brought in roughly $2.5 billion, according to Bloomberg, and an even steeper decline from the $4.5 billion in ad revenue the company reported in 2021, which was ... Read more ›
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If there’s one sector of the stock market that is repellent to investors right now, it’s traditional entertainment. And if there’s one company that sums up how out of favor the sector is, it’s Warner Bros. Discovery. The owner of HBO, Warner Bros. and the Max streaming service—once one of the premier entertainment businesses in the world—has seen its stock collapse to below $7 in recent days, down 73% in... Read more ›
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DoorDash announced Tuesday it was adding access to streaming service Max as a perk of its DashPass annual subscription, as the delivery company aims to keep customers coming back to the app. DashPass members can get free access to Max’s ad tier, or pay a discounted monthly fee of $10.99 for the ... Read more ›
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OpenAI’s upper management has been a bit of a revolving door lately. The last few months have seen a number of high-profile departures—both permanent and temporary—from the ChatGPT maker, including two cofounders, a product exec, a safety leader and a former board member, and even more internal reorgs.Already, though, others have risen to fill those power vacuums. Here’s who’s stepping up as the company’s new guard, based on conversations with... Read more ›
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Two years ago, Congress passed a law banning the sale of padded crib bumpers, saying they posed a suffocation hazard for babies. But in recent weeks, U.S. shoppers could have bought as many as four different styles of padded bumpers in a variety of colors and patterns on bargain site Temu. On the site of Temu’s main rival, Shein, shoppers can buy toddlers’ and children’s drawstring hoodies, which regulators say... Read more ›
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Lazada, Alibaba’s e-commerce unit in Southeast Asia, has achieved monthly profitability for the first time based on earnings before interest, taxes, depreciation and amortization, the unit’s CEO said in an internal meeting, according to a person with direct knowledge of the matter. ... Read more ›
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16.11.2025 03:28
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