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. Rubinâs startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more âș
69
Weâve been surveying our readers monthly since February to gauge their sentiment toward the tech industry and 14 well-known tech companies. In general, weâve found that readersâ outlook tends to track the performance of tech stocks in the weeks prior to the survey. That relationship broke down this month.Stocks have been on a tear since early November as investors have anticipated lower interest rates. The Nasdaq-100 Technology Sector Index, which... Read more âș
0
ByteDance founder Zhang Yiming was getting impatient. During a video call with executives from the companyâs gaming team in Sept. 2022, he complained about a lack of progress at the division, called Nuverse. He also pointed out that user numbers for the ByteDance-owned Moonton game studio hadnât grown even though its headcount had doubled, according to two people who were in the meeting. âYou told me gaming is a long-term... Read more âș
6
Stripe is back! The payments firm, long a favorite of Silicon Valley investors, is enjoying a rebound in business that is surely making those investors who bought into its March fundraising feel pretty, pretty good. Remember, Stripe raised money at a valuation of just $50 billion, a few billion dollars below its original sought-after pricing level and well off its early 2021 peak valuation of $95 billion. At the time,... Read more âș
0
Many investors entered 2023 expecting a holdover of the past yearâs doldrums: little dealmaking (except for artificial intelligence), cratering valuations and a growing number of down rounds. They werenât disappointedâbut few if any of them predicted the events that really defined venture capital and startup investing this year: the March collapse of Silicon Valley Bank and the boardroom coup at OpenAI.  The catalysts for both were quite different. SVB was... Read more âș
0
Flexport has set ambitious targets for both revenue growth and cost-cutting in 2024, even as it reels from a sagging freight market and its cash pile continues to shrink. The freight company is targeting $330 million in net revenue in 2024, a dramatic increase from current annualized net revenue of less than $100 million, according to people briefed on the figures. Net revenue represents how much customers pay Flexport to... Read more âș
8
Welcome to the last Creator Economy newsletter of 2023âand what a year itâs been!We published 198 newsletters, bringing you scoops about the millions of dollars Meta Platforms paid creators to use their likeness in AI chatbots; TikTok enlisting creators to lobby on Capitol Hill; and startup M&A, including Passesâ merger with Fanhouse and newsletter upstart Beehiivâs acquisition of ad marketplace Swapstack.   Read more âș
0
Last month, OpenAI fired and then rehired CEO Sam Altman. When the dust settled, Open AI emerged looking even more like a for-profit corporation than a nonprofit, with a board that is indistinguishable from those of other tech startupsâright down to the lack of diversity. This is a clear departure from the companyâs 2015 origins as a nonprofit research group whose mission reflected a widely shared realizationâthat artificial intelligence is... Read more âș
0
Itâs one thing for Google, Microsoft and Nvidia to buy shares of mature artificial intelligence startups at inflated prices. But when venture capitalists known for backing young startups do it, we canât help but scratch our heads and wonder why.Take Menlo Ventures, which is leading an investment in OpenAIâs most comparable rival, Anthropic, my colleagues reported on Wednesday. The round values the company at $15 billion or higher, at least... Read more âș
60
Payments giant Stripe, a bellwether of the startup world, kept a lid on spending for engineers and salespeople this year after business slowed in 2022. Now itâs reaping the benefits: as revenue growth has re-accelerated, itâs making money again. Stripeâs net revenuesâwhat the firm takes in from payments it processes after it passes a large cut to credit card companies and other financial institutionsâgrew by about 35% to roughly $1... Read more âș
29
In 2006, the auto industry ridiculed Tesla CEO Elon Musk when he said that over the next few years, he would mass-produce three models of electric vehicles, including a midpriced car. In 2013, with two of those promised EVs in production and the third on the way, Musk drew a new round of skepticism when he doubled down and said he also intended to build a âgigafactoryâ for batteries, with... Read more âș
15
Akash here. Iâm a data reporter with The Information Pro, and as we approach the holidays, Kaya and I have been crunching some numbers about the year weâve just had. Weâve put together three data pointsâone chart and two tablesâthat define 2023.Our first, the chart above, shows how far creator startup funding has fallen this year. Venture funding for creator businesses in the U.S. totaled roughly $800 million through the... Read more âș
0
David Zaslav must like scary movies. The Warner Bros. Discovery CEO met with Paramount Global chief Bob Bakish this week, we and others reported, to discuss a merger, among other things. For the uninitiated, such a combination would put together the Warner Bros. and Paramount film and TV studios, as well as TV networks such as TNT, TBS, Showtime, HBO, CBS and CNN, plus streaming services like Max. Investors quickly... Read more âș
3
Anthropic is in talks to raise $750 million in a venture round led by Menlo Ventures that values the two-year-old artificial intelligence startup at $15 billion not including the investment, more than three times its valuation this spring, according to two people with direct knowledge of the matter. The round hasn't finalized. The final price could top $18 billion, according to a third person. The investment adds to commitments secured... Read more âș
0
After a grim year of many layoffs, The Informationâs readers expect better days lie ahead for tech workers. A majority of respondents to our most recent survey said they expect their employers to add staff next year. More than a quarter of respondents said they expect their companyâs workforce to grow by more than 10% next year. Less than 20% said they expect their companies to end 2024 with fewer... Read more âș
3
The other day, Beeper CEO Eric Migicovsky posted a meme from the Belgian comic âThe Adventures of Tintinâ on X. In it, a disheveled Captain Haddock asks: âWhat a week, huh?â To which his friend Tintin responds: âCaptain, itâs Monday.â That about sums up Migicovskyâs life since the first week in December, when his startup released its Beeper Mini app, which allows Android users to participate in iMessage chats without... Read more âș
18
If you want to know the extent to which businesses are embracing generative artificial intelligence, look no further than Wall Street. Quants and hedge funds are head over heels for large language models and the researchers who make them, as my colleagues and I have frequently pointed out. The latest sign of the finance industryâs infatuation with LLMs: Big banks, known to be among the stingiest software buyers, also are... Read more âș
20
Instagram chief Adam Mosseri has built a public reputation as someone who is concerned about the safety of young people on Instagram. During an appearance on CBS in 2019, he said user well-being was a âNo. 1 priority.â At a Senate hearing in 2021, he described youth online safety as âcritically important.â And when pressed about changes to Instagram, he has said Meta Platforms will make decisions that hurt the... Read more âș
6
The loose money that flowed during the SPAC boom gave fledgling companies like Los Angelesâbased Fisker a chance to get their electric cars out into the world. Promising investors new, cost-efficient ways of building sustainable SUVs, Fisker topped out at an $8 billion market cap in early 2021, before it had even produced a car.While the SPAC exuberance has long since faded, the fallout is still important to track. Fisker... Read more âș
3
Google plans to reorganize a big part of its 30,000-person ad sales unit, an executive told some staff last week, prompting anxiety that some departments will face job cuts. The planned reorganization comes as Google is relying more on machine-learning techniques to help customers buy even more ads on its search engine, YouTube and other services. Google has offered such toolsâwhich automatically suggest and create new ads that it believes... Read more âș
63
As weâre in the thick of the gift-giving season, plenty of creators are recommending their favorite products and compiling guides of items people should buy for loved ones. But some emerging creators are also encouraging their fans to purchase them a gift. While creators more commonly garner support through tipping, or crowdfunding and donation sites like Buy Me a Coffee and Ko-fi, two-year-old Throne is facilitating sending creators physical gifts.... Read more âș
0
Most popular sources
Tom's Hardware
|
22% 16 |
Business Insider
|
17% 3 |
TechRadar
|
10% 7 |
Ars Technica
|
9% 1 |
Android Authority
|
8% 7 |
| View sources » | |
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19.11.2025 00:18
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