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 ›
2
Amazon CEO Andy Jassy said on Tuesday that the retail giant is open to working with other companies to run their AI shopping assistants on its site, where it already offers its own shopping chatbot. “I think that over time we will work with other third-party agents as well,” Jassy said, ... Read more ›
10
Netflix reported 17.6% higher revenue in the fourth quarter, ahead of its projections, and revealed that its ad revenue had more than doubled in 2025 to $1.5 billion. That was the first time the company had given a precise number for its ad business, which was launched just over three years ago. ... Read more ›
0
ServiceNow has signed a multi-year deal to pay for OpenAI’s artificial intelligence models in its business software, the two companies said on Tuesday. Under the agreement, OpenAI will now be the “preferred” AI model provider in ServiceNow’s software. In the past, ServiceNow let customers choose ... Read more ›
0
Elon Musk and Sam Altman traded barbs on X this week over media reports of deaths linked to OpenAI’s ChatGPT and other AI-related safety issues. On Monday, Musk shared a post about a man who committed a murder-suicide after a series of delusional conversations with ChatGPT, calling the story “ ... Read more ›
0
Fintech startup Checkbook began with the promise to help banks eliminate paper checks and transformed itself into an international payments company that leveraged a relationship with JPMorgan Chase to give all manner of customers access to the U.S. financial system. JPMorgan recently told Checkbook it was winding down its relationship with the firm rather than face the regulatory risks associated with handling some of those customers, which included Venezuelan crypto... Read more ›
32
AI startups talk a lot these days about how their products will be revolutionary by automating white collar work. But it’s rarer to hear messy stories about the hiccups AI startups face when trying to build such products for businesses, or the awkward situations that can arise when they roll out their own technology internally. That makes a recent podcast with an xAI engineer—who left the company shortly after it... Read more ›
69
Before we get to today’s column, OpenAI’s Chief Financial Officer Sarah Friar pulled back the curtain this weekend on how the ChatGPT maker’s consumption of computational resources and annualized revenue have grown at approximately the same pace over time. That isn’t super surprising, given that most companies would expect their revenue to grow with increasing levels of investment. (The real question is whether the company can turn a profit anytime... Read more ›
1
Pinterest named former Spotify ads chief Lee Brown as its first Chief Business Officer, overseeing sales, content, “ad product marketing” and “customer-facing operations.” The appointment comes days after Brown quit DoorDash after just a few months. At the same time, Pinterest said Chief Revenue ... Read more ›
6
Netflix is converting its offer for Warner Bros. Discovery to make it all cash, but at the same $27.75 a share level that the companies agreed in early December, both companies said Tuesday. The revised offer reflects pressure from bidder Paramount Skydance, which is offering $30 a share for all ... Read more ›
20
AI-powered shopping has the potential to be a big boost to Amazon’s retail business, CEO Andy Jassy said on Tuesday. And while Amazon already has its own shopping chatbot, it is also looking for ways to partner with other companies to run their chatbots on its site. In an interview with The Information’s Jessica Lessin at the World Economic Forum in Davos, Jassy noted that with many AI-powered shopping tools,... Read more ›
71
Over the past few years deep tech investing has taken on a new shine, as companies such as Waymo, SpaceX and Anduril turn technical breakthroughs in research-heavy fields like autonomous driving, rockets and defense tech into commercial businesses. Now one emerging investment fund wants to back new deep tech startups with a twist: The startups’ founders are likely to either be in Israel or have roots there while they operate... Read more ›
18
We have a change of pace this week after the AI dramas of the past few days. President Donald Trump’s latest tariff assault on Europe, related to his aspirations for owning Greenland, will have markets jumpy—as we saw on Monday. Maybe a deal can be worked out at the annual World Economic Forum confab at Davos, which started today. Expect to see endless television shots of news anchors and Very... Read more ›
2
A top OpenAI executive said the company is planning to introduce its first hardware device in the latter half of 2026. In an interview with Axios at an event in Davos, Switzerland, Chris Lehane, OpenAI’s chief global affairs officer, said the AI startup is “on track” to show the product later in ... Read more ›
0
Google’s Gemini saw a doubling in developer demand during a five month period last year. The Information reported that, in August, Google saw around 85 billion requests from developers sent to its Gemini application programming interface, up from about 35 billion in March. Those requests, known ... Read more ›
0
There’s no doubt now that the tech companies driving AI will have to help produce the new electricity needed to power it. The White House and several governors sought Friday to force them to build more plants.That’s why Google’s $4.75 billion deal in December for Intersect, a developer of renewables and data center infrastructure, is so significant. Google has already been working with partners like Intersect to produce its own... Read more ›
0
OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday that the company’s annualized revenue has grown at approximately the same rate as its consumption of computational resources. Friar said that OpenAI’s compute has tripled year over year—from 0.2 gigawatts in 2023 to 0.6 ... Read more ›
12
Google’s improvements to its Gemini AI models are boosting the company’s top line. Over the past year, Google’s business selling access to its Gemini AI models has skyrocketed, reflecting the improving quality of those models, according to three people with knowledge of Gemini’s sales. That’s likely to lift revenue from Google Cloud’s core business of server sales, as money customers spend on AI tends to lead to additional spending on... Read more ›
17
An exodus of staffers from Thinking Machines Lab this week has rattled some investors in the AI startup led by Mira Murati. The Information reported that Murati and other Thinking Machines employees were caught off guard earlier this week when two senior researchers at the startup, Luke Metz and ... Read more ›
0
Sequoia Capital is set to make a significant first-time investment in the AI start-up Anthropic as part of a major funding round expected to raise $25 billion or more, The Financial Times reported. Anthropic is seeking a valuation of $350 billion as part of the effort, more than double its ... Read more ›
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14.03.2026 18:23
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