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. Rubinâs startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more âș
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Nvidia in February quietly acquired OmniML, a two-year-old artificial intelligence startup whose software helped shrink machine-learning models so they could run on devices rather than in the cloud, according to a spokesperson and LinkedIn profiles of former OmniML employees who now work at Nvidia. The acquisition could be a sign that the chipmaker, whose data-center server chips have fueled a recent AI boom and enabled chatbots including ChatGPT, wants to... Read more âș
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When I moved to Silicon Valley in 2008, Brit and Dave Morin were two of the first people I met. They were working at Google and Facebook respectively, and I had a lot to learn from them as I set out to understand the world of tech. Soon after, my now husband Sam joined me in the Bay Area, and the four of us became close friends and sounding boards... Read more âș
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On a sweat-soaked New York afternoon over Pride Weekend, a short line formed outside a dark bar on the Lower East Side. After checking customersâ IDs, a boyish-looking bouncer at the front door asked if theyâd downloaded the app they needed to get in: âDo you have Motto?â I pulled up the app, its home screen affixed with the photo of an anonymous manâhandsome, smiling, hairy and shirtlessâand a clock... Read more âș
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It was the worst-kept secret in U.K. tech. For months, the Conservative government of Prime Minister Rishi Sunak had been wooing Sam Altmanâs OpenAI, trying to coax the San Franciscoâbased artificial intelligence firm into opening its first non-U.S. office in London. Then, in early June, two weeks after Altman met with Sunak in his official residence at No. 10 Downing Street, the U.K. government published a press release that claimed... Read more âș
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Welcome back!Iâm Anissa, a reporter on cloud computing for The Information. This week we published numerous updates to our Cloud Database, which tracks how much companies spend on cloud computing and with which providers. We also added cybersecurity firm Rapid7 to the list, which now includes 77 companies. Together, they spend more than $13 billion a year on cloud computing services. Amazon Web Services remains the leading cloud provider for... Read more âș
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âWill AI kill us all?â Andreessen Horowitz general partner Martin Casado asked his boss Marc Andreessen in early June. The bleary-eyed Casado had dialed in from a desk in a dimly lit hotel room in Washington, D.C., where heâd been meeting with regulators. His boss grinned, retorting, âI have good news!âŠAI is not going to murder every person on the planet!â The exchange was part of the pairâs hour-plus banter,... Read more âș
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Cosmetics company Oddity Tech, which filed to go public last week, doesnât need the stock market to continue rallying for its public debut to take off. Instead, Oddity can ride a tsunami of investor enthusiasm for other beauty and skin care stocks whose businesses have been lifted by TikTok popularity. One of the best stock market performers of the past few years is Elf Beauty, whose shares have risen 1,100%... Read more âș
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For any folks in Silicon Valley who donât often pay attention to what is happening in Washington, today is a day they should.As the country digests the U.S. Supreme Courtâs overturning of race-based admissions in colleges, my mind turned to what the ruling could mean for companiesâ efforts to diversify their ranks. After talking to about half a dozen people following the case closely, the answer to that question is... Read more âș
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Fewer brands are posting about Pride month on Instagram and Facebook this year, according to new data from Emplifi, a provider of customer engagement software for social networks and companies like McDonaldâs. The number of U.S. brands using Pride-related hashtags on Instagram declined 16% year-over-year, while interactions, meaning comments or likes, fell 73% this year compared to 2020 when engagement peaked, according to the report. Read more âș
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For years Microsoft has kept a lid on details about the true size of its Azure cloud server rental business, making it impossible for investors to know how Microsoftâs cloud operations unit stacked up against industry leader Amazon Web Services. But this week, thanks to antitrust regulators, the world got a peek under the lid. Azure generated half the revenue of its primary rival, Amazon Web Services, in the 12... Read more âș
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To my surprise, the recent boom in artificial intelligence investments has done little to dig U.S. venture capital funding out of its hole.VC funding decreased in the second quarter, which ends tomorrow, according to new data provided to The Information by Crunchbase. U.S. startups raised just $27.6 billion compared to $45.2 billion in the first quarter, representing a roughly 40% drop. Compared to the same period last year, itâs an... Read more âș
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Earlier this month, I had the opportunity to attend a founder and investor conference hosted by Coatue, called East Meets West. While the conference, held in Montecito, Calif., was off the record, I asked the firm for permission to share one of my favorite parts of the event: the keynote its partners gave on the state of the finance and tech markets. Coatue estimates the overall market capitalization of private... Read more âș
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Stripe has laid off a few dozen employees, most of them recruiters, in its human resources department. The staff cuts, while affecting a tiny percentage of the companyâs roughly 7,000-person workforce, are part of a broader wave of belt tightening in tech, even as the pace of larger layoffs has abated. Stripeâs cuts in the recruiting division are part of an effort to reorient locations where the company plans to... Read more âș
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When Amazon announced Wednesday that customers could soon start dropping off items they wanted to return at nearly 1,000 Staples stores, it touted the partnership as part of its decadeslong quest to make online shopping as easy as possible for consumers. In reality, the Staples partnership is the result of a years-long effort by a team inside Amazon to drive down the cost of returns after they soared during the... Read more âș
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Two years ago, a wave of electric vehicle, battery and mining companies went public with boasts of coming profits. Today, things look very different. Just this week, Lordstown Motors filed for bankruptcy protection, the U.K.âs Cornish Lithium warned that it might go bust, and Ford, whose EV division will lose $3 billion this year, reportedly plans to lay off 1,000 workers on top of the 6,800 it has already let... Read more âș
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The Great Wall dividing the U.S. from China is about to get higher. A Wall Street Journal report that the Biden administration is considering further tightening exports of artificial intelligence chips to China triggered a sell-off in chip stocks on Wednesday. Shares of Nvidia, the dominant provider of chips for generative AI, fell 1.8%. To be sure, thatâs not much of a reaction for a stock that has risen 181%... Read more âș
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When enterprise software firm Databricks revealed on Monday it would pay $1.3 billion for a two-year-old artificial intelligence startup, MosaicML, the deal looked overpriced. Databricks is paying 65 times Mosaicâs $20 million in annual recurring revenue, a measure of customer commitments to pay for its software, according to Databricks CEO Ali Ghodsi. In reality, the value of the deal is much less. Databricks is paying for Mosaic in stock at... Read more âș
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For the past three years, Spotify has been trying to beef up its video podcasts as it tries to keep up with the TikTok-driven explosion in short-form video. The efforts are starting to show some progress. The music streaming service now hosts more than 100,000 podcast shows that publish video episodes, a 40% increase from March though still a sliver of its 5 million total shows, according to new data... Read more âș
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Last month Netflix poached the co-heads of AMC Networksâ Scripted Programming, responsible for spinoffs of the hit series âThe Walking Deadâ and âInterview With the Vampire,â as well as Apple TV+âs new drama âSilo.â Executive poaching is nothing new or unusual. But the move raises a provocative question: Why didnât Netflix simply buy AMC Networks, whose enterprise value is roughly $3 billion, or less than 2% of Netflixâs current market... Read more âș
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Bitcoin is having a moment. Since the start of June, the most popular cryptocurrency by market capitalization has surged 12%. That jump has coincided with traditional financial firms, which have long been wary of crypto, embracing bitcoin in a big way. BlackRock, the worldâs largest asset manager, applied for a bitcoin exchange-traded fund on June 15. That kicked off a string of copy cat moves by BlackRock competitors like Invesco.... Read more âș
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Most popular sources
Business Insider
|
21% 13 |
Gizmodo
|
16% 10 |
Android Authority
|
11% 6 |
The Verge
|
8% 1 |
Ars Technica
|
6% 3 |
| View sources » | |
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21.11.2025 01:25
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