Anthropic will stop selling its artificial intelligence services to customers that are majority owned by Chinese entities, the Financial Times reported. The decision is part of Anthropic’s effort to prevent China from using the U.S. company’s AI technology to boost the country’s military and ... Read more ›
1
OpenAI could spend $10 billion next year on the artificial intelligence chip it is co-designing with Broadcom, according to a report in The Financial Times. The report indicated that mass production of OpenAI’s chip would begin next year. During Broadcom’s earnings call on ... Read more ›
9
What would you think if Apple set up a company to buy iPhones and then rented those devices back for use by Apple staffers? It would make you wonder, right? Yet that’s more or less what Nvidia has taken to doing. As we reported today, Nvidia has struck a couple of deals to rent its own chips from Lambda, a cloud startup Nvidia partly owns. Nvidia is paying Lambda a... Read more ›
2
Stripe and Paradigm, a crypto venture firm, said they are launching a new blockchain called Tempo focusing on stablecoin payments in the real world, such as payroll and remittances, the latest push by Stripe into crypto payments after acquiring stablecoin infrastructure firm Bridge in a $1.1 ... Read more ›
0
The frothiness of the artificial intelligence boom is starting to look like 1999…or 2021. Startups are again receiving unsolicited investment interest months or even weeks after announcing a fundraising, sometimes at prices that would more than double their valuation. The latest is Mercor, a startup that helps OpenAI and other AI developers find contractors to help train new models. Mercor has been receiving offers from investors at prices that would... Read more ›
0
The U.S. Department of Justice has criminally charged Abraham Shafi, the 38-year-old founder and former CEO of social app IRL, with fraud, including lying to SoftBank and other investors about the company’s growth. The DOJ also charged him with obstruction of justice for trying to conceal ... Read more ›
0
Nvidia has quietly entered into deals worth a combined $1.5 billion to rent its own artificial intelligence chips from Lambda, a smaller cloud provider it already supplies and invests in, The Information reported. The arrangement includes a four-year, $1.3 billion contract for 10,000 Nvidia AI ... Read more ›
1
Crypto treasury stocks dropped after The Information reported Thursday that Nasdaq is stepping up its scrutiny of companies that plan to raise capital to buy and hoard crypto. Nasdaq recently told some companies listed on the exchange that under certain circumstances, their shareholders would ... Read more ›
0
Broadcom said Thursday that its revenue from designing artificial intelligence chips and related networking equipment rose 63% in the fiscal quarter that ended Aug. 3 to $5.2 billion from the same period last year, beating its earlier projection of $4.4 billion in the quarter. As if that wasn’t ... Read more ›
0
A small cloud provider for artificial intelligence that’s preparing to go public has secured a major boost from its most important supplier: Nvidia. The chip giant agreed this summer to rent 10,000 of its own AI chips from the cloud firm, Lambda, for $1.3 billion over four years, and a separate $200 million deal to rent 8,000 more Nvidia chips over an unspecified time frame, according to a person with... Read more ›
49
Google CEO Sundar Pichai and IBM CEO Arvind Krishna appeared alongside First Lady Melania Trump at a White House event Thursday focused on using artificial intelligence in education. The event—a meeting of the White House Task Force on AI Education—featured a panel of government officials and ... Read more ›
0
After listening to Salesforce CEO Marc Benioff and his top brass describe their excitement about the company’s artificial intelligence business for an hour and half on Wednesday, one might have thought they were taking a much deserved victory lap.“Every single one of our customers is becoming an agentic enterprise,” Benioff said.In reality, his comments during a quarterly earnings conference call came as Salesforce issued a less-than-stellar financial forecast for its... Read more ›
1
Elon Musk’s plan to add payments services to X is stalling out amid regulatory problems and executive turnover, The Information reported on Thursday. Adding payments to X was a major part of Musk’s vision to turn the service, formerly known as Twitter, into a WeChat-like “Everything App” after ... Read more ›
0
Companies like Physical Intelligence or Skild AI that aim to build robots that can handle a variety of tasks out of the box have raised hundreds of millions in funding over the last two years. Now, a startup that’s taking a different approach—building robots that master one task at a time—is raising a new round of funding. The startup, Redwood City, California-based Dyna Robotics, is considering multiple investment offers valuing... Read more ›
8
For decades, one of Elon Musk’s biggest ambitions has been using technology to disrupt and replace traditional banks and payments processors. One of his management obsessions, meanwhile, has been pushing his employees to build things as quickly and cheaply as possible. Inside X, those two ideals are coming into conflict. Musk’s desire for X to move quickly on launching a nationwide payments service has contributed to regulatory roadblocks, which in... Read more ›
2
JetBlue and Amazon have struck a deal for the airline to use Amazon’s Project Kuiper still-to-launch satellite internet service to power the Wi-Fi on some of its flights, the companies said Thursday, marking the first agreement between Project Kuiper and an airline. Project Kuiper will provide ... Read more ›
0
Enterprise software firm Atlassian is spending $610 million in cash to buy The Browser Company, which operates the Dia AI-powered web browser. The acquisition is aimed at building a browser that is “optimized” for the software apps that people use in their jobs, the companies said. “Today’s ... Read more ›
0
Nasdaq is stepping up its scrutiny of companies listed on its exchange that are aiming to get a stock price boost by raising money to buy and hoard crypto, according to company filings and people familiar with the matter. The exchange’s move could slow the crypto boom that is putting increasingly exotic tokens on mainstream markets. The stock exchange, where the vast majority of crypto stocks are trading, is requiring... Read more ›
20
Sierra, the artificial intelligence startup founded by Bret Taylor, is in talks to raise $350 million at a $10 billion valuation. The round is being led by Greenoaks Capital. This is a jump from the $4.5 billion valuation that the company raised at last year. Existing backers include Sequoia ... Read more ›
0
OpenAI has increased the size of its employee share sale to roughly $10.3 billion at a $500 billion valuation, according to a person close to the company. That’s up from about $8 billion, The Information previously reported. The boost in size was to accommodate increased investor demand, ... Read more ›
0
Most popular sources
Business Insider
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35% 19 |
Gizmodo
|
8% 5 |
The Verge
|
8% 10 |
Tom's Hardware
|
6% 11 |
Ars Technica
|
5% 0 |
| View sources » | |
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30.10.2025 15:15
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