Intelâs financial crisis may be overâwith support from its biggest rival. Executives from Intel and Taiwan Semiconductor Manufacturing Co. recently reached a preliminary agreement to form a joint venture to operate Intelâs chipmaking facilities, with TSMC taking a 20% stake in the new company, according to two people involved in some of the discussions. Intel and other U.S. semiconductor companies will hold the majority of the shares in the proposed... Read more âș
110
Weâre starting to see more generative artificial intelligence-related startups announce theyâve crossed $100 million in annualized revenue. According to our Generative AI Database, at least 15 such startups have reached that threshold.The latest is Mercor, which helps OpenAI and other AI developers find contractors to help train new models. They are often experts in subjects like software engineering, law and medicine and help improve AI answers about those fields by... Read more âș
0
Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders for Nvidiaâs H20 server chips for running artificial intelligence in the first three months of the year, ahead of a potential U.S. ban on sales of the chip in China, according to two people with direct knowledge of the transactions. The orders represent a sizable windfall for Nvidiaâbut only if it can deliver... Read more âș
3
Arm Holdings is exploring an acquisition of Alphawave, which develops and licenses chip designs, to enhance its ability to design artificial intelligence chips, Reuters reported, citing three people familiar with the matter. SoftBank-owned Arm licenses the build blocks for chip designs to ... Read more âș
0
Chinese tech giant Alibaba Group plans to start rolling out a new generation of its flagship artificial intelligence foundation models as soon as this month, according to a person with knowledge of the plan. The upcoming launch of Alibabaâs next-generation family of AI models, known as Qwen 3, ... Read more âș
0
You know what kids love? Videogames. And you know what they donât really loveâat least if the small children in my life are any barometer? Advertisements. Yet Roblox, the eponymous company behind one of the most popular videogame platforms for kids, is pinning at least a portion of its hopes for more revenue growth onâŠadvertisements. Read more âș
0
OpenAI CEO Sam Altman described the awe-inspiring usage of ChatGPTâs new image generation tool a few days ago as âbiblical.â His use of religious terminology fits the moment. The money that Altman, Elon Musk and tech giants require to finance chips, data centers and power is a test of faith for Wall Street. Read more âș
12
Crypto company Circle, the second largest stablecoin issuer, has filed publicly for an initial public offering. The company is seeking to list on the New York Stock Exchange under the symbol âCRCL.â It had filed confidentially in January 2024. JPMorgan, Citigroup, Barclays, BNY Capital ... Read more âș
0
Deal or no deal? President Trumpâs Saturday deadline for TikTok to sell its U.S. assets is fast approaching. But Trump has given mixed messages on whether a resolution will be reached by then. On Sunday night, he told reporters on Air Force One that a deal would happen before the deadline. Heâs also previously said that heâd be willing to extend the deadline again. Trump will consider a final proposal... Read more âș
2
Joelle Pineau, the head of Meta Platformsâ Fundamental Artificial Intelligence Research lab, will leave the company in May, she said on Tuesday in a post on Facebook. Pineau, who is also a professor of computer science at McGill University, has been at Meta since May 2017 and since March 2023 ... Read more âș
0
Andreessen Horowitz is in talks to invest in TikTok as part of a bid led by Oracle and other U.S. investors, The Financial Times reported. The venture capital firm is in discussions to add new outside investment to the offer. It is not currently a shareholder in TikTok parent company ByteDance. ... Read more âș
0
OpenAIâs latest image update to ChatGPT isnât just a boon for Studio Ghibli fans. Itâs also a gift to businesses of all sizes looking to generate visualsâfrom marketing photography, advertisements and moreâon the cheap.Take Sola Wood Flowers, a Utah-based e-commerce company that sells replica flowers mostly used in weddings. The business canceled its plans to spend between $150,000 and $200,000 on photography this year after its managers saw ChatGPTâs ability... Read more âș
0
Before todayâs main column about the AI attention war between OpenAI and Google, thereâs OpenAI news from my colleague Natasha: ChatGPT has hit 20 million paid subscribers, according to a spokesperson. Thatâs up from 15.5 million at the end of last year, as we previously reported.It turns out a lot of people are willing to pay for a chatbot that can code, write, give personalized health advice and medical diagnoses... Read more âș
1
Earlier this year, employees at online diaper seller Coterie noticed customers arriving from an intriguing new sourceâChatGPT. Coterie, like most brands, asks its customers how they heard about the company after they make a purchase. The typical answer is word of mouth. But in recent months, some shoppers started crediting their purchase to OpenAIâs popular artificial intelligence chatbot, which added real-time search features last fall, making it a more important... Read more âș
21
President Donald Trump signed an executive order on Monday to set up a new office to oversee the CHIPS and Science Act and to facilitate foreign investments above $1 billion into the U.S. Dubbed the United States Investment Accelerator, the new entity will reside within the Commerce Department ... Read more âș
0
OpenAI said Monday it was raising $40 billion in new funding at a pre-investment valuation of $260 billion, confirming earlier reports about the round. The ChatGPT maker also confirmed that SoftBank Group, an existing OpenAI investor, was involved in the funding efforts. Other existing investors ... Read more âș
0
Phewww. That was a close one. Tech stocks narrowly avoided another large, painful sell-off on Monday as investors continued to look at the uncertainty around President Donald Trumpâs trade agenda. The Nasdaq ended the day down 0.1%, but at different points in the day, trading seemed much grimmer, and the index was down more than 2% at one point. Read more âș
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OpenAI is planning to release artificial intelligence with so-called reasoning capabilities for free for consumers and developers in the coming months, according to a post on X from CEO Sam Altman. The model will be âopen-weight,â meaning the weights, or settings, that determine how the model ... Read more âș
0
Isomorphic Labs, Alphabetâs AI drug discovery subsidiary, has raised $600 million in its first funding round, the company said Monday. Thrive Capital led the round, with participation from Alphabet and Google Ventures, another subsidiary of Alphabet, according to the companyâs press release. ... Read more âș
0
New crypto legislation that could make stablecoins a far bigger part of the financial system is moving rapidly through Congress, putting banks on the defensive even before President Donald Trump jumped into the fray. Trump said he wanted stablecoin rules to be the first crypto legislation of his administration. The banks, caught off guard, intensified lobbying for sweeping changes â from who gets to issue stablecoins to how they are... Read more âș
0
Circle, the second biggest stablecoin issuer, is aiming to publicly file paperwork for its initial public offering in late April, according to Fortune. The company is working with investment banks JPMorgan and Citi on the IPO, the publication reported, citing two unnamed people. Itâs seeking a ... Read more âș
0
Most popular sources
Business Insider
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68% 8 |
Wired
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5% 3 |
The Verge
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5% 1 |
Gizmodo
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5% 3 |
MacRumors
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2% 0 |
| View sources » | |
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08.04.2025 07:19
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