In early June, I pulled up to a giant lot in Burbank, Calif. about four miles down the road from Warner Brothers Studios, where âFriendsâ and âThe Big Bang Theoryâ were filmed. I was there to tour the set and offices where YouTuber Dhar Mann runs a growing entertainment empire.Mann, who leases the 125,000 square foot production studio, part of which was once the site of a gym, is suddenly... Read more âș
0
Nvidia on Wednesday posted solid revenue growth from the sale of artificial intelligence chips and networking equipment, including its flagship Blackwell chips, despite recent restrictions on its sale of its chips to China. Revenue rose 56% to $46.7 billion in the quarter that ended in July ... Read more âș
26
In May, a Nomura Securities equity analyst asked SoftBank Chief Financial Officer Yoshimitsu Goto a pointed question on an earnings call: How could he justify SoftBankâs recent $6.5 billion purchase, using borrowed money, of Ampere Computing, a failing developer of data center chips? The startup had just $16 million in revenue and had lost hundreds of millions of dollars the year before the sale. Goto didnât answer the question directly.... Read more âș
0
A central question looms over artificial intelligence: How is the intensifying the war for talent impacting the race for artificial general intelligence (AGI)? We asked our new Deep Research tool and got the following answer: Read more âș
0
Vast Data, a data storage startup backed by Nvidia, has considered holding an initial public offering in the second half of 2026 or later, Vast Data co-founder and CEO Renen Hallak has told employees and bankers, The Information reported Wednesday. Vast Data develops software for storing data in ... Read more âș
2
Cybersecurity executives have long bemoaned how hard it is to hire staff, citing a dearth of talent with the necessary experience to fill roles that are notoriously high-pressure and can burn people out. But recently, some of those executives have found a solution: Instead of hiring new security professionals, theyâre turning to AI to help them fill the open roles or cut back on existing staff. Read more âș
13
Out of all the model developers, Anthropic stands out as perhaps the one with the most ideologically devoted employee base, one that some researchers even describe as âcultish.â The reasons may include CEO Dario Amodeiâs monthly âDario Vision Questsâ where he talks to employees about the future of AI (with more than slight religious overtones) and that its executives frequently speak publicly about the dangers of superintelligent AI.One less commonly... Read more âș
0
Nvidia reshaped the cloud computing market by giving upstart cloud providers a lot of artificial intelligence chips. Now it is extending its influence into another cloud field: data storage. Nvidia has invested multiple times in Vast Data, which sells software to firms such as Elon Muskâs xAI and videoconference maker Zoom for storing data in a way that helps them develop AI applications. Jensen Huang has publicly lauded Vastâs technology,... Read more âș
0
OpenAIâs plan to allow employees and former staff to sell $6 billion in private stock to investors was already slated to become one of the biggest such employee tenders in Silicon Valley history. Now, that sale could be even bigger. The ChatGPT maker will allow current and former employees to sell up to $8 billion at a valuation of $500 billion, according to two people with knowledge of the proposed... Read more âș
0
SpaceXâs tenth launch of its gargantuan Starship rocket went off without an apparent hitch on Tuesday. After launching from a SpaceX base in south Texas, the 400-foot tall rocket hurtled into space and successfully deployed a collection of dummy satellites modeled on those that support SpaceXâs ... Read more âș
0
Apple shareholders should be glad Eddy Cue isnât running the iPhone maker. As a story we published today revealed, Cue has been an advocate for Apple making big acquisitionsâincluding of Netflix and Tesla in the pastâthat CEO Tim Cook rebuffed. More recently, Cue has suggested that Apple should do bolder deals in artificial intelligence. The companyâs executives have talked about an acquisition of AI search engine Perplexity or French model... Read more âș
0
Youâll sometimes find signs of the times buried in companiesâ bland corporate charters. The latest example: A growing number of startups that raised venture capital this year have issued a type of stock designed to make it easier for founders to sell some of their stakes.Nearly 11% of companies that raised money in the first half of the year issued founder preferred stockânearly double the percentage from two years ago,... Read more âș
0
The authors suing Anthropic for copyright violations reached a settlement with the AI company, according to a legal filing in the lawsuit Tuesday. The agreement would allow Anthropic to avoid a trial that could have exposed the company to âpotentially billions of dollars in liability,â according ... Read more âș
0
Apple executive Eddy Cue has been the primary champion of the company doing big acquisitions and other deals, including in artificial intelligence, The Information reported. Among the deals Apple executives have discussed is a possible acquisition of Mistral AI, a Paris-based rival to OpenAI, ... Read more âș
0
Sports merchandising company Fanatics is launching an ads business, the company said today. Fanatics has tapped Jeremi Gorman, a longtime advertising executive who has held leadership roles at Netflix, Snap and Amazon to run the effort as chief revenue officer. Fanatics is most known as a seller ... Read more âș
0
Trump Media & Technology Group, which runs the Truth Social app, said Tuesday it is teaming up with Crypto.com to launch a publicly-listed company that will buy and hold $6.4 billion of CRO tokens, the cryptocurrency issued by Crypto.com. That would make the firm the latest âcrypto treasuryâ ... Read more âș
0
President Donald Trump on Tuesday said Meta Platformsâs massive data center in Richland Parish, Louisiana will cost $50 billion. âWhen they said $50 billion for a plant, I said, âWhat the hell kind of plant is that?,ââ he said. âBut when you look at this you understand,â he said , holding ... Read more âș
0
Where does Snap go from here? The nearly fourteen-year-old company is struggling to grow its ad business, particularly compared to larger Meta Platforms and Googleâs YouTube. At the same time, CEO Evan Spiegel remains laser focused on his long-time, big bet: the companyâs augmented reality glasses, Spectacles. To keep funding the AR project, Snapchat parent has begun to discuss ways to raise outside money and even has considered spinning it... Read more âș
11
Apple announced it will hold an event on September 9th, where it will likely announce its iPhone 17 lineup. The most notable of the new devices is expected to be a slimmed down version of the iPhone. Apple will also likely reveal the standard base and Pro models. Apple regularly announces its ... Read more âș
0
Itâs been hard to avoid a study last week from the Massachusetts Institute of Technology, which concluded that 95% of corporate trials of artificial intelligence failed to boost the bottom line for the surveyed companies. In other words, âonly 5% of custom enterprise AI tools reach production.â Letâs set aside the studyâs limitations, including how it doesnât identify any of the 52 firms it surveyed or even what kind of... Read more âș
0
Most popular sources
|
|
19% 3 |
|
|
14% 10 |
|
|
13% 1 |
|
|
10% 2 |
|
|
6% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
29.10.2025 15:52
Last update: 15:46 EDT.
News rating updated: 21:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.