Elon Musk’s xAI sued a former employee for allegedly stealing trade secrets when the engineer left to join OpenAI. The lawsuit accuses former xAI engineer Xuechen Li of downloading information about “cutting-edge AI technologies with features superior to those offered by ChatGPT” days before he ... Read more ›
18
Taz Patel, the head of advertising and shopping at AI search engine startup Perplexity, has left the company after nine months, according to Adweek. Patel joined the startup last December to help it expand its business beyond subscriptions to its AI-powered search engine. Since then, Perplexity ... Read more ›
0
Flip, a video-sharing social media app that at one point tried to challenge TikTok’s dominance, has shut down, according to a message to users and the company’s website. Flip didn’t immediately respond to a request for comment. The social commerce app raised over $300 million from investors ... Read more ›
0
Much is known about the pastimes of the world’s wealthiest person, Elon Musk. They include playing videogames, fathering children and reading Douglas Adams novels. Over the past couple of years, Musk has picked up another hobby: waging war against Sam Altman, an ex-friend with whom he co-founded OpenAI a decade ago as a nonprofit. And Musk’s case in one critical lawsuit may not be as frivolous as it might appear... Read more ›
15
DeepSeek, one of China’s leading artificial intelligence developers, has decided to use Huawei Technologies’ AI chips to train some of its AI models, a sign it is reducing its reliance on Nvidia chips, according to three people with knowledge of the effort. The move follows pressure by the Chinese government on local tech companies to use locally made chips more. DeepSeek continues to use Nvidia chips for its largest and... Read more ›
27
China’s top economic planner warned against excess competition and wasteful investment in the country’s artificial intelligence industry. Zhang Kailin, an official at China’s National Development and Reform Commission, said at a briefing on Friday that the country would avoid “disorderly ... Read more ›
0
Alibaba Group said its revenue from cloud computing services in the quarter through June grew 26%, boosted by triple-digit sales growth for artificial intelligence-related products. The solid cloud revenue growth came after Alibaba in April launched Qwen3, the latest generation of its ... Read more ›
0
When the artificial intelligence boom began a few years ago, investors flocked to startups that helped businesses transform and store proprietary data in a format AI could understand, known as a vector database. The technology allowed businesses to use a customized AI chatbot to search or analyze their customer and sales information. Since then, though, AI providers such as Amazon Web Services, Anthropic and OpenAI have baked such technology into... Read more ›
15
Every day this week, we and other close watchers of Google have been holding our breath, waiting for Judge Amit Mehta of the federal court in Washington to issue a ruling on how Google’s illegal search monopoly should be remedied. Options include a forced divestiture of its Chrome browser (where many Google searches originate), ending Google’s right to be the exclusive search engine on Apple’s Safari browser, or forcing Google... Read more ›
0
Hi, it’s Katie Roof, spending my first week at The Information schmoozing with Europe’s startup leaders at a conference called TechBBQ in Copenhagen. It’s been close to three years since I’ve been at a tech conference on the Continent, and the difference is palpable. In 2022, there was a panic in the air about a stock sell-off that eventually led to investors slashing the valuations of the region’s startup darlings.... Read more ›
0
The Commodity Futures Trading Commission issued a guidance Thursday that would allow a pathway for overseas crypto exchanges to legally accept U.S.-based customers. The guidance could benefit crypto exchanges such as Binance, Bybit, BitGet, which currently ban U.S. users. That means it could ... Read more ›
0
We are kicking off today’s newsletter with some news—this time about me. I’m wrapping up my time at The Information and this will be my last Creator Economy newsletter.It’s been such a privilege to write this newsletter, host five summits and break news about the creator economy and social media over the past four and a half years. I wanted to take a moment to reflect on how the industry... Read more ›
0
Microsoft on Thursday debuted two new large language models it developed over the past year to reduce its reliance on OpenAI’s artificial intelligence in powering Copilot products. Microsoft will start swapping in the new models, dubbed MAI, to power Copilot features in the coming weeks, ... Read more ›
0
It was easy to miss last week’s announcement that Ashley Alexander, a 12-year veteran of Facebook and Instagram, is becoming vice president of health products at OpenAI, with the goal of improving “healthcare outcomes and access.” Alexander’s LinkedIn post didn’t give clues about exactly what products she will oversee, but it’s not hard to see where this is going. Read more ›
0
Last week, we wrote about SerpApi, an Austin-based startup that scrapes Google Search results and offers that data through an application programming interface. Among its customers is OpenAI, which uses SerpApi’s services to ensure its ChatGPT can answer user queries with up-to-date information.Around 40% of SerpApi’s business comes from such AI startups, according to CEO and founder Julien Khaleghy. Aside from OpenAI, they include Cursor, Perplexity and Meta Platforms. Another... Read more ›
0
Less than a month from now, a federal court in Virginia will begin hearing an antitrust case that could determine whether Google has to spin off part of its advertising tech business into an independent company. But Google isn’t waiting for the decision to help that group become a more viable stand-alone business. Last month, for example, Google staff in the part of the ad tech group that the court... Read more ›
7
Rain, a stablecoin-backed card issuer that works with Visa, said it raised $58 million in Series B round led by Sapphire Ventures, just months after its last fundraising round, demonstrating once again investor enthusiasm for crypto startups flowing from congressional passage of stablecoin ... Read more ›
3
ByteDance, the Chinese owner of TikTok, is preparing to launch a new share buyback program for employees later this year that will value the company at more than $330 billion, Reuters reported. In the new program, the company plans to offer current employees $200.41 per share, 5.5% higher than ... Read more ›
0
Nvidia’s quarterly results, out Wednesday, have become the event of the earnings season. And who can be surprised? After all, here’s a company whose July revenue hit $46.7 billion, up 56% on a year earlier. Little more than two years ago, Nvidia’s quarterly revenue was around $7 billion! Of course, Wall Street traders have long ago lost their sense of wonder at Nvidia’s explosive growth. That growth is slowing down,... Read more ›
1
Snowflake shares rose more than 13% after its second-quarter earnings, as CEO Sridhar Ramaswamy said on an earnings call that customers’ increasing adoption of AI contributed to a significant uptick in revenue growth during its July quarter compared to last year. Ramaswamy didn’t say how much ... Read more ›
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Most popular sources
Business Insider
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19% 3 |
The Verge
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14% 10 |
Tom's Hardware
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13% 1 |
MacRumors
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10% 2 |
CNET
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6% 3 |
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29.10.2025 15:59
Last update: 15:50 EDT.
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