Reddit and Snap, taking advantage of uncertainty about TikTokâs future, are offering discounts to advertisers who spend more on their apps. Snap for instance is offering 20% back in free ad spend to advertisers, three media buyers said, for brands that spend more than $100,000, two added. ... Read more âș
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OpenAI is preparing to release a new ChatGPT feature this week that will automate complex tasks typically done through the Web browser, such as making restaurant reservations or planning trips, according to a person with direct knowledge of the plans. The feature, called âOperator,â ... Read more âș
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Oracleâs founder and chief technology officer, Larry Ellison, is in the center of tech action more than at any time in the past 30 years, thanks to the companyâs role in artificial intelligence and TikTok. But itâs not clear that Oracle has the resources to stay in the game. Even before Tuesdayâs announcement by President Donald Trump that Oracle would participate in a $500 billion AI data center venture, Oracleâs... Read more âș
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Ten months ago, we broke the story that OpenAI and Microsoft were discussing âStargate,â an unprecedented $100 billion data center supercomputer to take artificial intelligence to new heights. On Tuesday, Stargate finally became officialâbut largely without Microsoft.At the White House on Tuesday, the leaders of OpenAI, Oracle and SoftBank said theyâd formed a joint venture to initially spend $100 billion developing data centers for artificial intelligence in the U.S., with... Read more âș
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Investor frenzy for artificial intelligence startups, which made up a third of global venture spending last year, shows no signs of slowing downâparticularly when young startups have rapid revenue growth. One of the latest to nail a big jump in valuation is Together AI. The two-year-old startup, which rents out servers to AI developers and provides software to train and run open-source models, recently raised at least $200 million at... Read more âș
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Bill Ford, the CEO of ByteDance shareholder General Atlantic, said he expected a deal to help TikTok avoid a ban would get done, Axios reported. Ford was speaking from Davos, according to Axios, which quoted him saying:Â âWeâll get on with it, as soon as maybe the end of the week ... Read more âș
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Google employees provided access to the companyâs artificial intelligence directly to Israelâs Ministry of Defense and the Israel Defense Forces, The Washington Post reported on Tuesday. Googleâs relationship with Israel, under the Project Nimbus cloud computing contract that has also been ... Read more âș
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Oracle founder and chairman Larry Ellison is suddenly the tech executive in the center of the action. Not only did Oracle bring back TikTok on Sunday, the aging tech firm also got a headline role, along with SoftBank and OpenAI, in President Donald Trumpâs Tuesday announcement of an artificial intelligence data center project that will cost up to $500 billion over the next four years. Trumpâs admiration for Ellison was... Read more âș
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President Donald Trump said he would be open to Tesla CEO Elon Musk and Oracle co-founder and CTO Larry Ellison buying TikTok, which is facing a ban in the U.S. if it doesnât separate itself from its Chinese parent ByteDance. âIâd like Larry to buy it, too,â Trump said, noting that he had met ... Read more âș
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The AI hype machine got another boost last week when Goldman Sachs CEO David Solomon said artificial intelligence could produce the key document for an initial public offering thatâs essentially â95% of the way there in just a few minutes.â Solomon might have been trying to scare Wall Street's high-priced bankers and lawyers. If that's true, they're buying little of it. At least, not yet. Read more âș
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Seagate Technology, which makes hard drives for data storage, saw its stock price rise by 4% shortly after it reported a 50% increase in revenue to $2.3 billion in the December quarter. Seagate CEO Dave Mosley attributed the uptick in large part to growing demand for data storage products from ... Read more âș
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Microsoft will no longer be OpenAIâs exclusive cloud provider, but will still have âright of first refusalâ over OpenAIâs new cloud deals, the company said Tuesday. The change to that agreement came as the CEOs of OpenAI and Oracle announced a new artificial intelligence data center venture ... Read more âș
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Instagram is offering some TikTok creators cash bonuses ranging from $10,000 to $50,000 per month or more to post exclusive videos to Reels, according to people with direct knowledge of the conversations. The creators canât post those videos to other rival apps for a certain period of time, such ... Read more âș
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Well, a lot has happened since we last sent out this newsletter! Although TikTok is back online for existing U.S. users, its future is far from certain. Weâll be watching to see if the Google and Apple app stores decide to reinstate the video appâand how Trumpâs executive order that promises he wonât enforce the ban-or-divest law for 75 days plays out. Amid all the chaos, TikTokâs rivals are pouncing.... Read more âș
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Netflix added a staggering 19 million members in the fourth quarter, lifting its total membership to 302 million globally, the best quarter for new subscribers it has ever had. The companyâs stock price jumped 10% in after-hours trading. The bonanza quarter, which involved growth of between 4 ... Read more âș
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President Donald Trump is preparing to announce that OpenAI, Softbank and Oracle are planning a joint venture to invest in building data centers for artificial intelligence in the U.S., according to a CBS News report. The report said Softbank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle ... Read more âș
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Microsoft and Googleâs injection of generative artificial intelligence features into apps like Docs and Word is just the start of a dramatic shift for enterprise apps in the coming years, says Shishir Mehrotra, CEO of Grammarly, which develops writing assistant software.Instead of a chatbot like Googleâs Gemini or Microsoftâs Copilot that responds to customersâ questions, Mehrotra says the future of productivity software involves AI bots that will proactively suggest information... Read more âș
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Stablecoin giant Circle said on Tuesday it is acquiring Hashnote, a firm that puts money market funds on blockchain, in a deal that will allow Circle to offer a stablecoin alternative that pays out interestâan attractive area for investors while interest rates remain high. That could give ... Read more âș
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CapCut, a video-editing app that is owned by TikTokâs Chinese parent company ByteDance, is back online in the U.S. The app shut down Saturday along with TikTok in anticipation of a federal law coming into effect that banned TikTok unless it cut ties with ByteDance. Both CapCut and TikTok are ... Read more âș
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Before we get into todayâs column, President Donald Trumpâs repeal of Joe Bidenâs executive order on AI on Monday evening has to be the biggest news in AI. In case youâve forgotten, Bidenâs executive order required companies training large AI models to share details about their models with the federal government. Trumpâs decision wonât have surprised anyoneâTrump has been critical of Bidenâs executive order for months. Whatâs not clear is... Read more âș
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16.05.2026 13:55
Last update: 13:50 EDT.
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