Lambda, a San Jose, Calif.,-based cloud provider that rents out Nvidia graphics chips to AI companies, has hired Morgan Stanley, J.P. Morgan and Citi to prepare for an initial public offering in the U.S. as soon as the first half of next year, according to people with direct knowledge of the ... Read more ›
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Polymarket, the world’s largest prediction market, is set to launch in the U.S. after getting a green light from the Commodity Futures Trading Commission, its CEO and founder Shayne Coplan said in a tweet Wednesday. Founded in 2020, Polymarket banned U.S-based users in 2022 under a settlement ... Read more ›
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You.com, the AI search startup making a push into business sales, completed a $100 million round of funding led by media conglomerate Cox Enterprises valuing the company at $1.5 billion, it announced Wednesday. Earlier You.com investors Georgian, Salesforce Ventures and Norwest also participated ... Read more ›
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Apple is working on a web-search engine powered by artificial intelligence, similar to products offered by AI rivals Perplexity and OpenAI, Bloomberg reported. The tool will integrate into Apple’s Siri voice assistant, and potentially its Safari web browser and Spotlight search tool. The company ... Read more ›
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Figma’s June quarter revenue grew 41% to $249.6 million, the newly public company said Wednesday, as customers spent more on its AI-powered design software. The company’s free cash flow was $60 million in the quarter, which was its first quarter as a publicly traded company, up from negative ... Read more ›
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Salesforce revenue rose 10% to $10.2 billion in the fiscal quarter that ended in July, breaking a streak of 8% revenue growth in the prior four quarters that had drawn concerns about its future growth prospects in the artificial intelligence era. But the customer management software giant also ... Read more ›
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Lambda, a cloud provider that rents out Nvidia graphics chips for artificial intelligence, has hired investment banks to prepare for an initial public offering in the U.S., according to people with direct knowledge of the talks. The San Jose, Calif.-based startup has hired Morgan Stanley, J.P. Morgan and Citi to prepare for a listing as soon as the first half of next year, the people said. The 13-year-old company is... Read more ›
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The chief financial officer of Elon Musk’s xAI left the company after just a few months on the job, the Wall Street Journal reported Wednesday. Mike Liberatore had joined xAI as CFO in April and left in July, according to the report. Liberatore, who was a longtime finance executive at Airbnb ... Read more ›
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Before we get to today’s column, we’d be remiss to not touch on Tuesday’s Google antitrust ruling, which was a huge victory for the search giant. Google got pretty much everything it wanted, while the judge only accepted a few of the government’s proposed remedies. (For more on the results, check out this column from our co-executive editor Martin Peers, our news report from Tuesday and our TITV special episode... Read more ›
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Google is one of the largest buyers of Nvidia’s artificial intelligence chips, which it rents out to Google Cloud customers such as OpenAI and Meta Platforms. But Google’s grand ambitions for its own competing AI chips show no sign of slowing down. In the latest example, Google recently approached small cloud providers that primarily rent out Nvidia chips about also hosting Google’s AI chips in their data centers, according to... Read more ›
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KKR is bringing on former Amazon Web Services boss Adam Selipsky as a strategic advisor to bolster the private equity firm’s big bets on data centers and the technical infrastructure powering artificial intelligence. Selipsky will advise on strategy, capital allocation and governance for KKR’s ... Read more ›
56
The Trump administration has revoked Taiwan Semiconductor Manufacturing Company’s authorization to ship chipmaking tools to China without a license, the chipmaker said on Tuesday. This decision, part of Washington’s broader strategy to limit China’s access to U.S. technology, comes despite Trump ... Read more ›
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Google just won the antitrust war. Yes, it might have lost the initial skirmish, having had its search business branded a monopoly, but it couldn’t have asked for a kinder ruling on how to deal with that monopoly. Google essentially got what it wanted, as the judge said he had accepted “in full” Google’s proposed remedies, with a few modifications, while accepting just a few of the government’s. You have... Read more ›
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Nvidia has acquired Solver, a three-year-old software development startup, The Information reported Tuesday. The startup, formerly known as Laredo Labs, had developed an AI coding agent and raised $8 million in financing from investors including Radical Ventures and Horizons Ventures. Nvidia ... Read more ›
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We’re in the midst of an M&A boom—for artificial intelligence startups. Among the latest: Nvidia last month bought Solver, according to a person with direct knowledge of the deal. The three-year-old startup formerly known as Laredo Labs has developed an AI coding agent that completes software development tasks for users. The company raised $8 million in financing from investors including Radical Ventures and Horizons Ventures. The Solver purchase is just... Read more ›
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An antitrust judge rejected the Justice Department’s most drastic proposals for how Google’s search business should be overhauled to make up for its illegal monopoly, saying in a decision Tuesday afternoon he wouldn’t require the company to sell either its Chrome browser or its Android operating system. Judge Amit Mehta barred Google from entering into exclusive contracts for distributing its search engine and ruled that Google must share some data... Read more ›
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An antitrust judge rejected the Justice Department’s most drastic proposals for how Google’s search business should be overhauled to make up for its illegal monopoly, saying in a decision Tuesday afternoon he wouldn’t require the company to sell either its Chrome browser or its Android operating ... Read more ›
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U.S. tech merger activity is headed for its best year since 2021—driven in part by enterprise software and other older tech companies acquiring artificial intelligence startups to beef up their AI offerings. So far this year, U.S. software companies have spent nearly $33.8 billion on 140 completed AI acquisitions, surpassing the combined volume of the past three years, according to data provider PitchBook. During the same period, U.S. companies have... Read more ›
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OpenAI said Tuesday it has agreed to acquire Statsig, a startup that helps businesses test how well their products are working, for $1.1 billion in an all-stock deal, representing about 0.4% of OpenAI’s shares. That’s the same valuation Statsig, which was part of The Information’s most promising ... Read more ›
0
Amazon is ending a program that allowed Prime members to share their free shipping benefit with others, according to an email to shoppers and a customer service page on Amazon’s site. The Prime Invitee Program, which Amazon originally launched in 2009, will end on Oct. 1, the website page says. ... Read more ›
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Most popular sources
Business Insider
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23% 0 |
The Verge
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12% 8 |
MacRumors
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10% 3 |
Android Authority
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7% 3 |
CNET
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6% 3 |
| View sources » | |
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29.10.2025 13:03
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