Matt Mattingly sold the bed-and-breakfast inn he owned in southern Maine several years ago and was trying to “figure out what I want to be when I grow up.” This year, after looking for a remote job that would put his communications Ph.D. to use, he responded to an online ad looking for people to train artificial intelligence models from home. Mattingly passed a paid assessment lasting nearly six hours,... Read more ›
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Anduril has lined up backers for one of the biggest venture deals this year. The defense startup is close to finalizing a $1.5 billion investment co-led by Peter Thiel’s Founders Fund, according to two people involved in the deal. Sands Capital, known for investments just before public offerings, is co-leading the deal as a new investor, according to one of those people. The investment will value the 7-year-old company at... Read more ›
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Students of history will recall the Hundred Years’ War between England and France in the 1300s and 1400s. It feels like we’re in the early stages of a second Hundred Years’ War, this time pitting U.S. tech firms against the European Commission.On Monday, the commission opened a new front in that war by issuing “preliminary findings” that Apple has breached the Digital Markets Act, one of the newish bits of... Read more ›
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Google wants chatbots that people can hang with—not just pelt with questions. The search engine giant has been developing a product for creating and conversing with customizable chatbots, which could be modeled on celebrities or made by users, two people with direct knowledge of the project said. The bots would be similar to the online personalities from Meta Platforms and startup Character.AI, based on celebrities like football star Tom Brady... Read more ›
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Shortly after HSBC swooped on the carcass of Silicon Valley Bank in March of last year, picking up around 50 U.S. bankers and an $8 billion U.K. loan book, the London-headquartered bank’s management drew up plans to win over the biggest venture capitalists in the U.S. that had historically been SVB customers. Fifteen months on, the bank can show progress in a couple of areas, including venture lending. HSBC has... Read more ›
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Read through enough contracts, invoices or purchase orders—any business documents, really—enough times, and your eyes probably glaze over. Ondrej Antos experienced it as a law clerk nearly a decade ago. When Antos met Nischal Nadhamuni at the Massachusetts Institute of Technology in 2016, the pair went on a three-hour-long walk in Cambridge, Mass., and decided to start a company to tackle the problem.Klarity, their startup, began in 2017 by building... Read more ›
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It was the kind of incident Apple executives never want to repeat. In November 2022, at a factory in Zhengzhou, China—the largest plant in the world for making iPhones—police officers in white hazmat suits beat factory workers, who had begun protesting over strict Covid-19 lockdowns and disputes over pay. Video of the episode, which took place at a factory operated by Foxconn, Apple’s largest manufacturing partner, circulated on social media,... Read more ›
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Within days of taking office in 2021, President Joe Biden reversed a decision by the Trump administration to lift sanctions on one of the most controversial Western mining executives in central Africa. Israeli billionaire Dan Gertler didn’t merit a reprieve, Biden’s State Department said, alleging that in a two-year period he had corruptly siphoned off more than $1.3 billion in mining profits that rightfully belonged to the Democratic Republic of... Read more ›
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Welcome, Weekenders! In this newsletter:Meet Jacob Helberg, the MAGA star popular with tech liberalsThe best apps for exploring naturePlus: Ferrets, puffins and guinea pigs, oh my; Scottish scaries; and how to summer in Italy from your sofa.Wanted! Investors for a once-in-a-lifetime opportunity to shove millions of dollars into a nascent technology during a time of great mania. Must be comfortable accepting the total absence of any business plan and willing... Read more ›
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Modern technology is everywhere, often in various forms of screen time. That makes it a popular scapegoat for the increasing, collective loss of our human connection to the natural world. It’s not just that time spent using technology has replaced time in nature, it’s also that for many nature is farther away: Over half the world’s population now lives in urban settings, a figure that rises to around 80% in... Read more ›
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Will Europeans start to regret their governments’ aggressive regulation of U.S. tech? That’s surely going to be a question sparked by Apple’s decision today to withhold a bunch of attractive new technologies—such as its artificial intelligence–powered offerings—from its products in Europe, citing the continental rules on how tech firms operate.Many of the updates Apple unveiled at its Worldwide Developers Conference a couple of weeks ago won’t show up anytime soon... Read more ›
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Stability AI, a startup that rode the boom in generative artificial intelligence to a $1 billion valuation before experiencing financial trouble and employee defections, has a new CEO. Prem Akkaraju, former CEO of visual effects company Weta Digital, will step into the role, according to a person involved in the decision. The 51-year-old Akkaraju is part of a group of investors including former Facebook President Sean Parker that has stepped... Read more ›
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Happy 1st birthday to the More or Less podcast! We marked the special occasion with a continuation of our What to Build series, featuring the always sharp Elad Gil. Gil was making big investments in AI before it was cool and has a lot to say about how to value the market today and how he thinks about exit opportunities for AI startups. Plus, we tackle a topic we plan... Read more ›
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Soon after a Manhattan jury found Donald Trump guilty of falsifying business records last month, the former president headed uptown to a restaurant, where a dinner party awaited him. Trump, who appeared unfazed by the conviction, walked in with a smile on his face, greeted by about 20 supporters and members of his innermost circle. The crowd included his son Eric, longtime ally and billionaire John Catsimatidis and a more... Read more ›
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Shares of Apple surged more than 10% in the days after the company announced new artificial intelligence features at its Worldwide Developers Conference last week. Respondents to our monthly survey also are feeling more bullish about the iPhone maker. Roughly 42% of survey respondents said they were optimistic about Apple’s prospects in the coming months, far outnumbering the 13% who were pessimistic. That’s a big change from May, when optimists... Read more ›
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It may not be on the scale of Apple’s rivalry with Google, but the battle between Databricks and Snowflake is one of the most intense in Silicon Valley. Both firms help companies store and manage massive amounts of data—a service that should become more valuable with the rise of generative AI models. Their duel has become so intense that two weeks ago Databricks upstaged Snowflake during the latter’s annual customer... Read more ›
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Artificial intelligence companies increasingly seem to have adopted a product marketing approach modeled on that of cellphone plans. Anyone who uses Verizon should know what I mean: The cellphone firm has long offered an evolving array of plans, each with a slightly different name and offering slightly different options, forcing customers to spend way too much time figuring out which is which.Now the trend has hit AI. Anthropic released today... Read more ›
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Cerebras, a developer of artificial intelligence chips that’s trying to wrestle business from Nvidia, has filed confidentially with securities regulators for an initial public offering, according to a person involved in the decision. The startup has also notified Delaware, the state in which it is incorporated, that it is creating preferred shares priced at a deep discount to its last private funding round. The move could make its shares more... Read more ›
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Hi, it’s Akash. I’ve been in Toronto at the Collision Conference, Canada’s annual technology convention. It drew more than 37,800 attendees, along with big names like Vinod Khosla and the country’s own artificial intelligence royalty, Cohere CEO Aidan Gomez, as well as the “godfather of AI,” Geoffrey Hinton.Last year at this event, AI was still new and novel, and speakers joked at dinners about how many times it would be... Read more ›
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Mylene Mae has found success with turning short Reels on Instagram into a series of related videos. She’s part of an emerging trend of creators doing so. Mae, 24, first started posting last April, initially focusing on sharing long-form YouTube videos about her efforts to learn how to code and life as a recent college graduate. On YouTube, she hoped to hit 10,000 subscribers. Instead, she reached about 1,000 before... Read more ›
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14.06.2026 21:09
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