As OpenAI prepares to open up ad sales to more marketers next month, it is trying to address what some advertisers say was lacking in the initial ad sales offering. Among other things, the ChatGPT creator is planning to streamline the process of ad buying, either in partnerships with ad tech firms or with its own ad management system. So far, advertisers that bought the first ad campaigns on ChatGPT... Read more ›
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Former San Francisco 49ers quarterback Colin Kaepernick has spent the past several years building his own media and publishing companies. The efforts showed him some of the challenges people face when trying to get their creations out into the world, from production costs to publishers shooting down their ideas. Last month, he launched Lumi, a new artificial intelligence startup that provides tools to independently create, publish and merchandise their own... Read more ›
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Affirm shares closed more than 30% higher on Thursday, a day after the installment lender said it expects to turn profitable on a GAAP basis by the fourth quarter of its fiscal year ending next June. CEO Max Levchin said in an investor letter that the company would likely benefit from lower ... Read more ›
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Meta Platforms CEO Mark Zuckerberg wants his company’s artificial intelligence assistant, Meta AI, to be the world’s “most used AI assistant” by the end of this year, eclipsing OpenAI’s ChatGPT. He seems to be making progress. In early August, less than a year after its debut, Meta AI had at least 400 million monthly active users and 40 million daily active users, according to two current employees. Read more ›
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Nvidia and Apple have discussed participating in an upcoming funding of OpenAI, Bloomberg reported Thursday, as the ChatGPT maker nears a multibillion-dollar deal to help cover mounting costs. Microsoft would also contribute funds as part of a round potentially led by Thrive Capital, an existing ... Read more ›
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Former President Donald Trump has accused Meta Platforms CEO Mark Zuckerberg in a forthcoming book of plotting against him in the last election, and said Zuckerberg would “spend the rest of his life in prison” if he did “anything illegal” in the 2024 cycle, Politico reports. In the book, titled ... Read more ›
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Another quarter, another (almost) blowout earnings report from chip giant Nvidia. But this time, Wall Street isn’t too appreciative.Nvidia stock opened Thursday morning down a few percentage points, following a slightly bigger sell-off in after-hours trading Wednesday night during Nvidia’s call. What gives? After all, revenue in the last quarter soared 122% to $30 billion from a year earlier, driven by sales of the chips needed to train and run... Read more ›
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Salesforce’s Marc Benioff and ServiceNow’s Bill McDermott are master salespeople. But neither has developed a cult following among individual investors as successfully as Palantir CEO Alex Karp. With his proclamations on patriotism—“We founded this company to be a ray of light to America and our Western allies”—Karp has turned Palantir into a kind of meme stock with a valuation that can only be described as exorbitant. Having risen 83% so... Read more ›
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Yelp sued Google in federal court in San Francisco on Wednesday, alleging that Google used its monopoly in search to gain an advantage over competitors like Yelp in the local search business. Yelp is seeking monetary damages and an order that Google stop its alleged anticompetitive practices. ... Read more ›
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For all the Nvidia watchers out there, including superfans of the stock who have kept track at bars, we’ve got good news and bad news. The good news is that Nvidia delivered another set of monster earnings. It reported top-line growth of 122%—a little above its own projections—lifting net income 168% to $16.6 billion. The bad news is that we learned nothing to answer the trillion-dollar question of whether the... Read more ›
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Proposed California legislation that seeks to regulate artificial intelligence makers passed a vote in the state Assembly 41 to 9 on Wednesday, overriding mounting objections from business groups and bi-partisan lawmakers, including some of the state’s top Democrats. With the vote, SB 1047 will ... Read more ›
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A federal court in Illinois has breathed new life into a two-year-old class action suit against a handful of creators and the makers of Blue Ice Vodka. The suit claims the Instagram influencers and the vodka maker engaged in false advertising about the “handcrafted” drink’s “health benefits” and failed to disclose their paid relationships.The court’s June decision, which denied the defendants’ motion to dismiss, could open the door to more... Read more ›
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Salesforce grew revenue by 8% year over year to $9.33 billion in the quarter ended July 31, eking out an increase as many enterprise software companies face sales headwinds. The company also said Wednesday that Amy Weaver, Salesforce’s president and chief financial officer, will step down from ... Read more ›
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Nvidia revenue rose 122% year-over-year to $30 billion in the quarter that ended in July, ahead of the company’s projections. But its gross margin fell for the first time in more than a year, due to costs related to problems with its new Blackwell chip. Nvidia confirmed a report from The ... Read more ›
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Pavel Durov, the CEO of Telegram who was detained last weekend in France, was charged with a range of criminal offenses by a prosecutor in Paris on Wednesday, including complicity in the distribution of child pornography and drug trafficking. According to a statement from the prosecutor, Laura ... Read more ›
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Thrive Capital is leading a multi-billion-dollar investment in OpenAI, the developer of ChatGPT, at a valuation north of $100 billion, according to a Wall Street Journal report. The New York-based venture capital firm, led by Josh Kushner, is already a major OpenAI shareholder and plans to ... Read more ›
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Google will start to allow Gemini users to generate images of people, months after restricting the feature following backlash over historically inaccurate results to some queries. Dave Citron, a Gemini senior director, wrote in a blog post on Wednesday that Google had made “significant progress ... Read more ›
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Meta Platforms is planning a new mixed reality device that resembles a bulky pair of glasses, according to two Meta employees. The project, internally code-named Puffin, suggests the company is looking to design an alternative to its large, heavy headsets, which so far have had limited consumer appeal. Mixed reality is a combination of augmented and virtual reality that allows people to see images and text over the real world... Read more ›
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Four days after Telegram’s CEO was arrested at an airport outside Paris, French authorities have released Pavel Durov. The AP reported that prosecutors in Paris have ordered Durov, who has French citizenship, to appear before a judge to face a possible indictment. French authorities say they are ... Read more ›
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All eyes are on Nvidia’s quarterly earnings report today (there’s apparently even a watch party for it at a New York City bar if you want to partake in some nonsense), so it’s a good time to share a new example of the company’s technological dominance.This morning, MLCommons, a nonprofit that evaluates artificial intelligence software and hardware, released test results that showed that Nvidia’s most advanced—and broadly available—chip, the H200,... Read more ›
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Shopify has hired Mikhail Parakhin, who had worked on key artificial intelligence efforts at Microsoft, as its new chief technology officer, the e-commerce software giant said in a statement Wednesday. At Microsoft, Parakhin was the company’s CEO of advertising and web services and helped revamp ... Read more ›
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27.03.2026 04:26
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