Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
69
Microsoft doesn’t want its plan to hire two of Inflection AI’s co-founders and most of its 70-person staff to be seen as an acquisition. But it’s still writing a hefty check to the two-year-old artificial intelligence startup. The software giant has agreed to pay Inflection approximately $650 million, mostly in the form of a licensing deal that makes Inflection’s models available for sale on the software giant’s Azure cloud service,... Read more ›
14
More than half of The Information’s readers say they’ve bought goods or services through social media, most frequently through Instagram, according to our latest subscriber survey. Survey respondents remain optimistic about the outlook for technology companies, though they are less bullish than they were earlier in the year. In total, 742 people answered the survey between March 14 and Tuesday. Read more ›
0
Elon Musk’s lawsuit against OpenAI, claiming the ChatGPT creator breached a founding agreement to develop artificial general intelligence for the benefit of humanity, not commercial interests, raises legal questions without clear precedent. It might not get very far.One big question is whether private individuals or companies can sue nonprofit organizations for not following their missions. Musk must establish that he has been harmed and therefore has legal standing to sue.... Read more ›
5
The world was a much different place when media titan Condé Nast bought fledgling internet forum Reddit for around $10 million in 2006. Media companies were still figuring out the internet—Condé had just bought the website for Wired, a magazine it already owned—and glossy print titles like Vogue and an arsenal of newspapers were raking in advertising profits for Condé’s parent company, Advance Publications. Nearly two decades later, traditional media... Read more ›
5
In a first sign of a softening of electric vehicle mandates, the Biden administration and the state of California this week both eased the way for carmakers to meet stringent emissions and EV rules, extending timelines and allowing companies to sell plug-in hybrids to comply with regulations. The moves align with a general slowing of the transition to EVs. Read more ›
0
The AI startup gold rush has featured a recurring cast of characters from past seasons of Silicon Valley tech booms. Sam Altman! Vinod Khosla! Google! Microsoft! You already know ’em, you already love ’em. That fact not only has amused me as money poured in over the past year and a half, but has said something about how tech, money and innovation collide. Connections beget connections. Fortunes compound, at least... Read more ›
0
The conversational artificial intelligence boom sparked by ChatGPT boosted funding and valuations for startups in the field, but few of them are making much money. In the latest example, Cohere, one of the best-known startup competitors to OpenAI, which has raised $445 million from investors, was generating about $13 million in annualized revenue at the end of last year, according to a person who has viewed the company’s fundraising pitch... Read more ›
3
As new artificial intelligence tools from companies such as OpenAI and Midjourney have exploded, a cottage industry of creators has developed to teach others how to use them. They’re offering paid classes on how to craft a better prompt for ChatGPT or use AI for filmmaking. AI-related courses and products are a “rapidly growing” category for Hotmart, which owns course provider Teachable, according to João Pedro Resende, Hotmart’s Brazil-based co-founder... Read more ›
2
Until Microsoft lit up the artificial intelligence world yesterday by appointing Mustafa Suleyman, co-founder of AI startups DeepMind and Inflection, as head of its consumer AI business, the software giant lacked an executive who had built sophisticated generative AI models and products from scratch. As we’ve written, Microsoft’s own teams weren’t able to develop cutting-edge AI as quickly as OpenAI, which is one reason why most of the generative AI... Read more ›
5
As Reddit executives and the company’s advisers try to reel in investors for its initial public offering, they’ve been using two seemingly magic words as part of their pitch: artificial intelligence. A slide deck for potential investors shows Reddit’s cartoon robot logo next to emblems of semiconductor companies Nvidia and Arm, whose stocks have skyrocketed off the AI boom. The presentation, viewed by The Information, highlighted that OpenAI’s breakthrough ChatGPT-3... Read more ›
0
Microsoft’s decision to hire most of the staff of Inflection AI, including co-founders Mustafa Suleyman and Karén Simonyan, leaves the would-be OpenAI rival a shell of its former self. But Inflection has arranged an unusual deal for investors that should take the sting out of that blow. At the same time it revealed the staff departures, Inflection disclosed a licensing deal with Microsoft to make its models available for sale... Read more ›
9
Who says it’s hard for startups to raise capital? Marc Lore’s success in raising $600 million—in addition to $100 million he is contributing—for his restaurant startup, Wonder, is nothing short of stunning. As Lore acknowledged in a CNBC interview today, the fundraising wasn’t easy, given that most startups raising money nowadays are in artificial intelligence. There’s no AI angle to Wonder. In fact, there doesn’t even seem to be a... Read more ›
0
The bill that could ban TikTok is in for a slog. After sailing through the House of Representatives last week, the bill’s momentum is slowing in the Senate. It’s too soon to tell whether Democratic Sen. Chuck Schumer, the Senate majority leader, will bring the bill to the floor for a vote. Even before that, Democratic Sen. Maria Cantwell, whose Commerce Committee could next vote on the bill, has also... Read more ›
0
Perplexity AI, an artificial intelligence–powered search engine, has become a Silicon Valley startup darling for taking on Google with conversational answers rather than a list of web links. Tech CEOs such as Nvidia’s Jensen Huang and Dell’s Michael Dell have sung the praises of the startup, and it has raised more than $100 million in venture capital from Nvidia and others. Aravind Srinivas, Perplexity’s CEO, has slammed Google, saying that... Read more ›
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St. Patrick’s Day didn’t bring OpenAI or Apple much luck. Yesterday’s Bloomberg report that the iPhone maker is in talks to license Google’s Gemini artificial intelligence models to power new features for the iPhone was likely a blow to the ego of leaders at OpenAI, not to mention Apple’s own AI teams.It’s not yet clear what kind of valuable generative AI services a deal like this could allow Apple to... Read more ›
0
As Chinese shopping site Temu faces mounting hostility toward Chinese companies from U.S. politicians, it is looking to reduce its reliance on the U.S. market. Since it launched in the U.S. less than two years ago, the site, known for its ultralow prices, has caught fire with American shoppers. The U.S. accounted for 60% of total merchandise sales on Temu last year, but Temu is now hoping to reduce that... Read more ›
0
Chris Lehane is beginning to look like the weather vane of tech. As we scooped today, the Clinton White House veteran is likely to join OpenAI, giving the ChatGPT creator some political muscle. Notably, Lehane is jumping to OpenAI after two years at crypto-focused venture capital firm Haun Ventures, which he joined in January 2022 as the crypto bubble was peaking. He took that job after six years at Airbnb,... Read more ›
0
In the past couple of years, TikTok has spent $1.5 billion and restructured its operations to appease a federal government committee reviewing national security risks posed by the company’s hugely popular app. TikTok has installed cumbersome internal restrictions on its U.S. operations, requiring a separate data security unit to review everything from app updates to creator emails, much to the frustration of employees. The flaw in that strategy is now... Read more ›
10
Before we get into this morning’s main funding news, here’s an interesting look into the strategy of Apple, which has caught flack from developers and industry pundits for falling behind Microsoft, Google and Amazon in releasing conversational AI. (That’s likely why it’s in talks with Google to license its generative AI tech for the iPhone, according to a Bloomberg report this morning.) In trying to catch up, the iPhone maker... Read more ›
24
OpenAI, coming off months of controversy, is looking to add more political and public relations muscle. Chris Lehane, the former Airbnb policy chief and a veteran of the Clinton White House, is nearing a deal to join the artificial intelligence startup as a senior executive, according to people familiar with the potential move. Read more ›
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17.11.2025 11:46
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