Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
69
Chip designer Arm filed its prospectus for an initial public offering Monday and readers of The Information expect more IPOs to follow soon. More than 40% of respondents to our latest reader survey expect the pace of IPOs to accelerate later this year. Nearly 60% of the respondents expect IPOs to pick up by the first half of next year. Readers are also more optimistic about tech than at any... Read more ›
27
A smattering of artificial intelligence apps have emerged recently to help consumers organize their lives. Some, like Rewind, help people keep track of all their digital activity so they can always remember what happened in the past. Others, such as HyperWrite, aid users with tedious web tasks like booking restaurant reservations or flights.The latest entrant is Crate, which launched today, and can best be described as an AI-fueled version of... Read more ›
6
The cost of TikTok’s online shopping expansion in the U.S. is beginning to add up. TikTok Shop, the app’s nascent shopping service, is expected to lose more than $500 million in the U.S. this year, according to a person with direct knowledge of the matter. The loss reflects TikTok’s heavy investment in hiring, building a delivery network and subsidizing merchants that offer double-digit–percentage discounts and free shipping. Read more ›
27
There’s a tendency in reporting—and in life—to assume that the status quo will remain the status quo. But if there’s one thing I’ve learned as a tech reporter—one who was covering BlackBerry when the iPhone came out—it’s that the world and business are in constant flux. What’s dominant today won’t be forever. And even the tech behemoths that have tremendous staying power will need to evolve or die. I’ve been... Read more ›
0
Meta Platforms’ launch of a web version of Threads could help boost adoption after usage has plunged. But it still has some major features missing. Here’s a look at what it could roll out next, especially if it wants to compete with what made Twitter, now called X, a success: • Direct messages: DMs are a core way that creators interact with fans. Currently, sharing a Thread privately is quite... Read more ›
3
Salesforce is leading a financing round in Hugging Face, one of the most highly valued startups helping businesses use artificial intelligence, at a valuation north of $4 billion, according to two people with knowledge of the situation. The roughly $200 million funding round more than doubles the share price and private valuation of the New York–based company, one of these people said. Salesforce is paying a high price for a... Read more ›
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Tiger Global Management is nearing a deal to sell part of its stake in OpenAI rival Cohere at a roughly $3 billion valuation, a markup of more than 40% from Cohere’s last financing round in June, according to people familiar with the matter. Tiger is selling a stake of roughly 2.1% of Cohere for about $63 million, equal to the dollar amount of Tiger’s initial investment in Cohere, according to... Read more ›
0
Truepill, a startup that ships prescription drugs on behalf of online pharmacies such as Hims, Mark Cuban’s Cost Plus Drugs and GoodRx, has authorized slashing the price of some of its shares by more than 90% from their peak in 2021, according to a recent filing provided by Prime Unicorn Index. In 2021, the startup said investors had valued it at $1.6 billion. The eight-year-old startup disclosed steps it is... Read more ›
15
A recent court ruling may put rocket-ship AI startups like Midjourney and Runway on shaky ground.United States District Court Judge Beryl A. Howell ruled on Friday that art completely generated by artificial intelligence cannot be copyrighted, the latest update in a string of controversies surrounding the technology’s usage in art. The ruling affects works that are entirely generated by AI, but leaves wiggle room for art made by both humans... Read more ›
1
When international investors such as General Atlantic and the Carlyle Group invested in Chinese fintech firm Ant Group in 2018, they likely hoped for a big payoff given its dominance in facilitating payments for both Chinese brick-and-mortar merchants and e-commerce sites such as Alibaba. Those hopes were dashed in 2020, when Chinese authorities abruptly canceled Ant’s initial public offering, which would have valued it at more than $300 billion. Now... Read more ›
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Here’s a declaration the tech press doesn’t get to make very often: It’s a good day to be SoftBank. Arm, a chip designer the SoftBank Group has owned since 2016, finally released its investor prospectus this afternoon, a key step before the initial public offering expected next month. If investors bite—no sure thing, as I explain below—Arm’s valuation could surpass $60 billion. That’s roughly double the price SoftBank paid seven... Read more ›
0
We don’t hear much about Apple and the creator economy except when creators—or the platforms that host them—complain about the Apple App Store fees that cut into their earnings. That makes Apple’s launch Monday of multiple features aimed at helping creators all the more remarkable, even if the individual products are fairly standard. The iPhone maker said podcasters will now be able to view the number of free trial subscriptions,... Read more ›
0
Bloomberg LP made a sweeping overhaul of its top ranks, naming a new CEO, president and chief financial officer, and said it would build a new board of directors chaired by former Bank of England governor Mark Carney, according to an internal memo seen by The Information. JP Zammitt will become president of Bloomberg LP, Patti Roskill will become the chief financial officer and Vlad Kliatchko will become the new... Read more ›
0
It’s no secret politicians are worried about artificial intelligence. And while AI executives suggest they’re just as concerned, they may have another agenda in creating that perception.Recent proposed federal legislation with cheery names like the “Block Nuclear Launch by Autonomous Artificial Intelligence Act of 2023” or the “Artificial Intelligence and Biosecurity Risk Assessment Act,” suggest a possible future in which criminals use AI to launch nuclear bombs or create chemical... Read more ›
0
At most companies, employees report up to the CEO. At Oracle, many of the most important executives report to Larry Ellison, the company’s co-founder, chair and chief technology officer. Several current and former Oracle employees said Ellison oversees all of the software giant’s product and engineering groups, including its cloud infrastructure business and its cloud-based software as a service applications. Read more ›
3
On Aug. 10, Norwegian battery maker Freyr Battery announced a dramatic shake-up: CEO Tom Jensen stepped aside and became executive chair, effective today, replacing founder Torstein Sjøtveit, who retired. In the same announcement, the board said it was moving Freyr’s headquarters from Luxembourg to the U.S.Investors hardly noticed, but the moves offer insight into the West’s challenge to China’s dominance of the electric vehicle and battery industries. This was plain... Read more ›
0
When Instacart executives begin their initial public offering pitch to investors as early as next week, they face a challenge. Order volume in Instacart’s core grocery-delivery business is barely growing, new data reveals, although the company is showing revenue expansion by keeping more of the dollars spent on each order and from a fast-growing ad business. How investors react to that mixed picture will determine the valuation Instacart scores in... Read more ›
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Some of China’s most prominent venture capitalists are U.S. citizens or green-card holders. That could soon become a problem for their firms. President Joe Biden’s executive order last week, limiting certain American investments in China, could also curtail the activities of Chinese investment firms whose leaders are U.S. citizens. The order prohibits U.S. citizens and permanent residents from investing in sensitive areas of technology—including semiconductors, quantum computing and artificial intelligence Read more ›
0
Janine Sickmeyer, the founding partner at seed and pre-seed firm Overlooked Ventures, was trying to find a low-tech way to occupy her four kids under age 8. She, like many of her Silicon Valley peers, aims to keep her young children off screens as much as possible. “Even though I’m a tech entrepreneur and investor in tech, I always try to keep my kids away from it,” she said with... Read more ›
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Hi, welcome to your Weekend.There’s been a lot of bed-wetting down in Southern California this summer about the dangers of the artificial intelligence boom. Maybe bed-wetting isn’t fair: The Hollywood actors who are striking, in part, over how their AI-generated likenesses will be scanned, stored and monetized, have valid concerns. And they certainly can’t trust their studio minders to do right by them.However, it’s telling that a growing number of... Read more ›
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Most popular sources
Business Insider
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39% 17 |
The Verge
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8% 3 |
Android Authority
|
7% 2 |
Tom's Hardware
|
7% 2 |
Wired
|
5% 2 |
| View sources » | |
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20.11.2025 14:52
Last update: 14:45 EDT.
News rating updated: 21:40.
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