Here’s a question: How much are big tech companies cutting back on sending money to shareholders as they ramp up their AI development spending? It’s a good time to ask: On Friday, Oracle is due to pay out its latest quarterly dividend of 50 cents a share. That will amount to $1.4 billion going out the door, which Oracle can ill afford. After all, the software and cloud firm burned... Read more ›
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Apple is developing an AI-powered wearable pin that could be released as early as 2027, according to people with direct knowledge of the matter. The device would position Apple to compete more effectively with OpenAI, which is planning its own AI-powered devices, and Meta Platforms, which is ... Read more ›
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Apple plans to bring more conversational capabilities to Siri, turning it more into a chatbot like ChatGPT, Bloomberg reported. The update, codenamed Campos, will take advantage of Google’s Gemini AI model, part of a deal Apple announced with Google last week, the news outlet said. The ... Read more ›
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Barret Zoph, the Thinking Machines Lab cofounder who rejoined OpenAI in a swirl of controversy last week, will lead the company’s push to sell AI products to businesses, as part of a broader reorganization across the company, OpenAI’s CEO of Applications Fidji Simo told staff on Wednesday. Brad Lightcap, OpenAI’s chief operating officer, will transition out of leading product and engineering for OpenAI’s business of selling to other enterprises but... Read more ›
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Recommendation app Yelp on Wednesday said it agreed to acquire AI agent startup Hatch for $300 million, or roughly 12 times the startup’s annual recurring revenue. Hatch charges a monthly fee for AI-powered agents that can respond to customer inquiries and make appointments. Yelp, which has a ... Read more ›
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Tammy Savage, a former Microsoft general manager; Gerry Campbell, a longtime search executive who has worked at AOL and Alta Vista; and John Abowd, a professor emeritus of economics, statistics and data science at Cornell University were named in a filing from the Department of Justice on ... Read more ›
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Jeff Bezos’ space company Blue Origin is planning to build an ultra-fast satellite internet service aimed at large companies, data centers and governments, the company said Wednesday. The service, called TeraWave, would put Blue Origin in competition with SpaceX’s Starlink and Amazon Leo. Blue ... Read more ›
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Apple is developing an AI-powered wearable pin the size of an AirTag that is equipped with multiple cameras, a speaker, microphones and wireless charging, according to people with direct knowledge of the project. The device could be released as early as 2027, they said. Such a product would position Apple to compete more effectively with OpenAI, which is planning its own AI-powered devices, and Meta Platforms, which is already selling... Read more ›
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Shopify has told merchants that use its commerce software that it will open up sales through AI chatbots like ChatGPT later this month, according to its site and communications with sellers. Merchants will pay OpenAI a 4% fee on sales made through ChatGPT’s checkout feature, a Shopify ... Read more ›
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In the first weeks of the year, it has become clear that building data centers is getting more expensive. On a relative basis, the shift could benefit the cash-rich tech giants, particularly Google, while potentially hurting cash-burning startups. This doesn’t mean giant data centers won’t get built. Investors are still enthusiastic about AI, and the tech giants that are funding the buildout are still rolling in cash. It could mean... Read more ›
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Runway today is releasing its latest AI model, Gen-4.5, that can generate videos from an image. The model, from the startup that specializes in image and video-generating models, is impressive but is likely to underscore growing concerns about AI-generated deepfakes.To measure the model’s performance, Runway asked over 1,000 people to distinguish real videos from similar videos generated by the model. Participants only guessed correctly 57.1% of the time—not much better... Read more ›
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TikTok’s U.S. business may be about to take off. The scheduled completion this week of TikTok’s sale of its U.S. data security arm to a joint venture ends years of uncertainty about its future in the U.S. And the video app maker is now redoubling its efforts to build a much bigger e-commerce business in the U.S., in a new challenge to Amazon. Read more ›
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OpenAI CFO Sarah Friar said the company’s custom inference chip is being “taped out”—the final step before manufacturing—and touted the progress of its more than $500 billion Stargate infrastructure project in a panel at the World Economic Forum Wednesday. In a conversation I moderated, Friar ... Read more ›
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Nvidia CEO Jensen Huang is preparing for a trip to China later this month as the company works to regain its footing in this strategically important market, Bloomberg reported, citing a person with knowledge of the plans. Huang will join company festivities ahead of the Lunar New Year, a ... Read more ›
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OpenAI is asking a small group of advertisers for spending committments of less than $1 million each over a several week trial period, as the company tests new ads within its ChatGPT chatbot, The Information reported on Tuesday. The ads will launch as soon as February. To start, the company is ... Read more ›
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OpenAI has started offering its new chatbot ads to dozens of advertisers, according to two people familiar with the matter. To start off, the company is charging on the basis of ad views as opposed to per-ad clicks that are typical at large sellers of search ads like Google and Amazon, the people said. OpenAI is asking that small pool of advertisers for less than $1 million in spending commitments... Read more ›
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My second day in Davos began way too early—in a sit-down with Amazon CEO Andy Jassy for The Information’s TITV. It has been two years and three months since I last sat down with Jassy in Seattle. While he’s always calm and measured—and, for what it is worth, he’s one of the nicest people to interview—one could sense a little defensiveness back then when he was describing Amazon’s position in... Read more ›
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Amazon has tapped former Microsoft executive Jigar Thakkar to lead Quick Suite, a collection of enterprise search and agent-building tools it launched in October as part of a broader push to develop compelling AI applications. Thakkar, whose title is vice president of Quick Suite, is a ... Read more ›
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Applied Compute, a startup founded by three former OpenAI researchers that helps companies customize models with their own data, is in talks to raise new funding at a $1.3 billion valuation, including the investment, according to four people with knowledge of the discussions. The funding would more than double the company’s valuation from its last round announced less than three months ago, which valued it at about $500 million. New... Read more ›
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The Federal Trade Commission said it is appealing a November ruling that cleared Meta Platforms of accusations that the company improperly monopolized the social media business. In a statement, the FTC said the appeal will be heard by the U.S. Court of Appeals for the District of Columbia. The ... Read more ›
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14.03.2026 17:00
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