Elon Muskâs Memphis, Tenn., data center for xAI has drawn an enormous amount of attentionâfrom people who believe his claims that he built the worldâs largest AI cluster in just 19 days, an unbelievably short timeframe, and those who are skeptical he actually pulled it off. On Monday Musk got ... Read more âș
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Some 75% of OpenAIâs revenue comes from consumers paying for its AI-powered chatbot and other products, a company spokesperson said on Monday. That means that the vast majority of the $4 billion the company was recently on track to generate this year will come from consumers, rather than ... Read more âș
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Billionaire Michael Bloomberg, the owner of Bloomberg LP and former New York City mayor, has made a $50 million gift to support Vice President Kamala Harrisâ presidential campaign, according to The New York Times. Bloomberg hasnât been nearly as active in the 2024 election as he had been in the ... Read more âș
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Meta Platforms is working on a search engine that crawls and indexes the web so its artificial intelligence assistant can provide information about current events and news, The Information reported. The work aims to lessen Metaâs reliance on Google Search and Microsoftâs Bing, which currently ... Read more âș
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Microsoft on Monday accused Google of running âshadow campaignsâ to turn monopoly regulators and the public against the enterprise and cloud incumbent and distract them from Googleâs own antitrust woes. While Google has publicly alleged Microsoft is stifling competition in the cloud computing ... Read more âș
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Struggling Swedish battery manufacturer Northvolt failed to pay employees of its shuttered Cuberg subsidiary a scheduled final paycheck this month, or for their remaining paid time off, as required by California law, according to four former Cuberg employees. The missed payments came as Northvolt, once the darling of Europeâs clean tech industry, attempts to raise a $300 million rescue package amid slow sales and a canceled multi-billion order from one... Read more âș
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It hasnât been this hard for first-time fund managers to raise capital in about a decade. But one group of newbie venture capitalists is having more luck: founders and other alumni of artificial intelligence startups. One example is Jeff Arnold, co-founder and chief operating officer of artificial intelligence accounting company Pilot and former head of operations at OpenAI for a brief period in its early days. He and Paul Jun,... Read more âș
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As Meta Platforms tries to keep up with OpenAI in developing artificial intelligence, the Facebook owner is working on a search engine that crawls the web to provide conversational answers about current events to people using its Meta AI chatbot. In doing so, Meta hopes to lower its reliance on Google Search and Microsoftâs Bing, which currently provide information about news, sports and stocks to people using Meta AI, according... Read more âș
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Anthropic, OpenAI and now Google are betting that the future of artificial intelligence involves technology that can take over a personâs computer and automate all manner of work involving applications and internet browsers. (See my colleague Erinâs Saturday scoop on Googleâs efforts here.)If these computer-using agents eventually work and the AI just does what someone asks it to do, without needing to lift a finger, one potential outcome is that... Read more âș
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The RealReal announced Monday that John Koryl had left the company after less than two years as CEO and named Rahi Sati Levesque, a longtime executive at the luxury resale site, to the top role. Levesque, most recently the companyâs president and chief operating officer, helped The RealRealâs ... Read more âș
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Anyone looking at Appleâs recent stock rallyâwhich lifted its market capitalization to $3.6 trillion two weeks ago, a record for any public companyâwouldnât know that the companyâs big new product, the Vision Pro mixed reality headset, had sold so badly that Apple is scaling back production. Or that itâs been slow to introduce artificial intelligence features to its products, with the first coming this week. Or that sales of Appleâs... Read more âș
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Google is developing artificial intelligence that takes over a personâs web browser to complete tasks such as gathering research, purchasing a product or booking a flight, The Information reported Saturday. The product, code-named Project Jarvis, is similar to one Anthropic announced this ... Read more âș
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The Federal Trade Commission on Friday said Lyft had agreed to pay $2.1 million to settle charges the ride-hailing company had made deceptive claims about the money its drivers would make on the app. The antitrust agency disclosed the settlement the same day the Department of Justice sued Lyft ... Read more âș
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Alibaba Group said it has agreed to pay $433.5 million to settle a U.S. class-action lawsuit that alleged the Chinese e-commerce giant made misstatements about its antitrust practices. The lawsuit, filed in March 2023 in the U.S. District Court, alleged that Alibaba violated federal securities ... Read more âș
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Google is developing artificial intelligence that takes over a personâs web browser to complete tasks such as gathering research, purchasing a product or booking a flight, according to three people with direct knowledge of the product. The product, code-named Project Jarvis, is similar to one Anthropic announced this week, these people said. Google plans to preview the product, also known as a computer-using agent, as early as December alongside the... Read more âș
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This week on More or Less: A feisty debate over Vision Pro and words of concern for all VCs. Plus, the latest in tech body hacking. Hope you enjoy! Spotify YouTube Apple Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Perplexityâs ânewbie CEOâ hopes to dodge legal threats, Google competitionâą The Top 5: Best tools for introducing AI to kidsâą Plus: A dance with the dead; a delightful doomsday clock; and a data nerd fashionista.Six years ago, Patrick Soon-Shiong, a Los Angeles billionaire, spent a half-billion dollars on a valuable asset: the Los Angeles Times. Sure, he wasnât buying The New York... Read more âș
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Children and teens are increasingly turning to artificial intelligence tools for homework help and entertainment, as well as to seek out new information: In fact, a recent survey of more than 1,000 young people (and their parents) by Common Sense Media found that seven in 10 teenagers have already used generative AI tools. The survey found that just over half of teens have used chatbots like ChatGPT or Googleâs Gemini.... Read more âș
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Taiwan Semiconductor Manufacturing Co. earlier this month stopped making chips for a China-based chip design firm founded by a Chinese crypto mogul, said two people familiar with the situation. TSMC cut the company off around the time the U.S. Commerce Department began investigating whether the Taiwanese giant had supplied chips to Chinese tech giant Huawei Technologies. Huawei has been prohibited since 2020 from acquiring chips made with U.S. technology, including... Read more âș
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Agility, which makes humanoid robots for warehouses, is raising $150 million at about a $1 billion valuation in a funding round led by DCVC, Bloomberg reported. Agility was last valued at $550 million in 2022, according to PitchBook. The talks add to a string of fundraising discussions by ... Read more âș
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10.06.2026 16:23
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