Over the last year, we’ve seen more creators try to expand their offline businesses, inspired by high-profile launches such as MrBeast’s snack company Feastables and Emma Chamberlain’s Chamberlain Coffee, which disclosed in a filing Wednesday it had raised an additional $4.6 million in funding. While that trend is likely to continue, it could get more challenging due to kinks in a key support line to retail businesses: credit. Earlier this... Read more ›
9
Figma employees and early shareholders collectively will be able to sell as much as $900 million of their shares after lining up commitments from nearly two dozen new and existing backers that valued the design collaboration startup at $12.5 billion. The price represents a nearly 38% decline from Adobe’s proposed plan to buy the company for $20 billion, but should soften the blow for staff who had hoped to cash... Read more ›
8
For years, many current and former executives at Amazon expected Matt Garman to lead Amazon Web Services someday, given his long tenure at the cloud provider and reputation as a protégé of AWS’ first leader, Andy Jassy. But that day arrived a little sooner than they expected when Jassy, now Amazon’s CEO, said Tuesday that Garman would take over from Adam Selipsky, who has led AWS for the past three... Read more ›
0
Artificial intelligence developers have a long history of playing fast and loose with intellectual property rights when it comes to getting data to train their models. While data owners are increasingly suing OpenAI, Microsoft, Meta Platforms and other major firms over such alleged violations, the heat may soon be turned on academics who operate the same way. In one example I found, researchers from Carnegie Mellon University and the University... Read more ›
0
Crypto has always been a boom-and-bust business. And right now, Coinbase is flush. That has allowed the crypto exchange to lend more money to big traders, which have struggled to borrow since the 2022 market collapse wiped out Genesis, Voyager and most other big crypto lenders. Coinbase’s loans to customers swelled to nearly $800 million at the end of March from $194 million a year earlier, with the exchange using... Read more ›
1
In a new move meant to protect the nascent U.S. electric vehicle battery industry, the Biden administration will announce a 25% tariff on Chinese-made synthetic graphite later this month, to be imposed in stages over the next two years, a U.S. official said. Read more ›
21
Wall Street traders sent U.S. stocks to all-time highs on Wednesday. An ebullient market, pleased with easing inflation, liked big tech even more. Most of the tech giants like Nvidia, Meta Platforms and Microsoft saw gains higher than the S&P 500. As if those companies need more help, the market’s friendliness plays into big tech’s hands. Microsoft, Alphabet, Meta and Amazon need investors to overlook blemishes to their profit margins... Read more ›
0
Stability AI, which has emerged as a poster child for investors’ rush to back unproven artificial intelligence startups, has talked to at least one potential buyer in recent weeks about a sale as its faces a cash crunch, according to a person involved in the conversations. The four-year-old startup raised at least $101 million from marquee investors including Coatue Management and Lightspeed Venture Partners. It fetched a $1 billion valuation... Read more ›
24
Duolingo has made its TikTok account a hit with users, emerging as an example of how companies can find a voice on short-form video. It’s got a plan for a potential TikTok ban. The language learning app, best known by its pushy owl mascot, has been expanding its presence on YouTube Shorts since early last year. For example, it ran a 10-part sitcom-style series on Shorts focusing on another one... Read more ›
0
Google has spent the past year and a half chasing OpenAI’s conversational artificial intelligence. But as the technical gap narrows between their products, the companies this week revealed an important difference in how their AIs will interact with people. (To read the five main takeaways from Google’s two-hour spate of announcements, see this article we published last night.)Here’s what’s going on. OpenAI on Monday unveiled an emotionally expressive female-sounding AI... Read more ›
15
A New York Yankees fan who wants to watch all of the team’s games this year needs more than a cable TV subscription. They’ll also need access to Amazon Prime, Apple TV+ and Roku, each of which has exclusive rights to stream certain games. It’s not just baseball. Once, an NBA fan only needed a cable TV subscription with the right national and regional channels to watch each of their... Read more ›
63
Google on Tuesday gave its supporters and detractors a lot of fodder after a two-hour showcase of new conversational artificial intelligence for consumers and businesses. Although CEO Sundar Pichai described relatively few major technological breakthroughs during the marathon session, the dizzying array of new AI features in dozens of existing products from search to Gmail was a reminder of how Google is using its scale to gain users, if not... Read more ›
15
The season of AI hype continues. Yesterday it was OpenAI. Today it was Google, which used its annual developer conference, Google I/O, to chronicle all of the ways it’s pushing the ball forward in artificial intelligence. Google is part of a $2 trillion–plus company, so it had a lot of ground to cover, which may explain why its event clocked in at about two hours, including an opening act, musician... Read more ›
0
In the world of artificial intelligence, startups are raising heaps of cash from cloud and chip providers like Google and Nvidia. It’s a great deal for the big tech companies. The startups are also their customers, so much of that capital cycles back as revenue, a phenomenon some critics have dubbed “round-tripping.”A similar dynamic is beginning to occur between sovereign wealth funds in the Middle East and U.S. private investment... Read more ›
0
Google is coming for OpenAI’s Sora—and the plethora of other young startups offering ways to create AI-generated video, ranging from Runway to Pika. On Tuesday at its annual developer conference Google I/O, the company announced Veo, which creates AI-generated videos from text, image and video prompts. Demis Hassabis, co-founder & CEO of Google DeepMind said Veo can capture the details of the instructions in different visual and cinematic styles, such... Read more ›
35
Elon Musk’s 1-year-old artificial intelligence startup, xAI, has been talking to Oracle executives about spending $10 billion to rent cloud servers from the company over a period of years, according to a person who has been involved in the talks. The deal would make xAI one of Oracle’s largest customers as Musk tries to catch up quickly to rivals that have already spent billions of dollars on specialized servers needed... Read more ›
42
OpenAI’s Google search killer may not yet be ready for prime time, and neither is the long-awaited GPT-5 large language model. But the ChatGPT developer on Monday may have still managed to steal some thunder ahead of Google’s annual conference for software developers, I/O, which starts later this morning.In a 26-minute demonstration, OpenAI COO Mira Murati showed off GPT-4o, a new model (the “o” stands for “omni”) that lets people... Read more ›
0
The Middle East’s giant sovereign wealth funds have poured money into dozens of U.S. private tech funds with the expectation that some of those petro dollars will funnel back to the region’s startups. Now there are signs that venture capitalists and private equity funds are responding by scouting for investments in local startups. In recent months General Atlantic made an investment in Eyewa, an eyewear retailer similar to Warby Parker,... Read more ›
2
Walmart is laying off hundreds of corporate staffers and ordering employees at tech hubs in Dallas, Atlanta and Toronto to relocate or lose their jobs, according to a person close to the company, as it grapples with slowing growth and prepares to open a massive new campus at its Bentonville, Ark. headquarters. Some tech employees in the company’s Dallas office were asked Monday to relocate to other Walmart offices or... Read more ›
0
Here at The Information we’ve written a lot over the past six years about Apple’s struggles to make technological progress with its Siri voice assistant. So it must have been painful to the folks at Apple’s giant donut in Cupertino, Calif., to see OpenAI waltz right onto their turf earlier today and show the kind of artificial intelligence–powered assistant Siri should have been. As demos go, OpenAI’s showcase of its... Read more ›
0
Most popular sources
Business Insider
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21% 13 |
Android Authority
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16% 15 |
Gizmodo
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12% 6 |
The Verge
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7% 4 |
Tom's Hardware
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6% 9 |
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17.11.2025 20:52
Last update: 20:35 EDT.
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