There is a debate brewing on the More or Less pod: "Do we have to talk about AI again?" Of course, you can't escape AI these days, and we won't avoid it. But we also feel the fatigue. Perhaps that is why, on cue, Sam (almost) declared himself an AI bull! Have a great weekend, and I hope you enjoy this episode. Apple Spotify YouTube Read more ›
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Tactical use cases. Need for change management. Searching for business outcomes. Multiple fundamental challenges. These are the results of the survey of 160 executives conducted by The Information about how enterprises are implementing artificial intelligence, and they paint a picture of typical early days for the adoption of new technology. A majority of survey respondents (53%) say that to succeed companies must excel at AI. Today, the gains from AI... Read more ›
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Apple is developing a significantly thinner version of the iPhone that could be released as early as 2025, according to three people with direct knowledge of the project. The slimmer iPhone could be released concurrently with the iPhone 17, expected in September 2025, according to the three people with direct knowledge and two others familiar with the project. It could be priced higher than the iPhone Pro Max, currently Apple’s... Read more ›
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We launched our latest Pro database on Wednesday, the Sports Rights Database. My colleagues Sahil and Akash detailed more than $180 billion in sports rights deals across eight professional and college sports leagues and 10 platforms, including Disney’s ESPN and Apple TV+. Read more ›
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Last summer, more than a hundred people crowded into the brightly lit basement of a Lululemon store in Manhattan at the invitation of Lacework, a cybersecurity unicorn. By all appearances, the startup seemed to enjoy an enviable position, with an $8.3 billion valuation and an assortment of blue-chip investors, including Sutter Hill Ventures, Coatue Management and Tiger Global Management. But behind the scenes, Lacework CEO Jay Parikh was, in fact,... Read more ›
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A group of investors including Sean Parker, Facebook’s first president, has discussed making an investment in Stability AI, a startup developing products that run on open-source image generator Stable Diffusion, according to a person directly involved in deal conversations. The deal would represent a lifeline for Stability, which has been talking to potential buyers as it faces a cash crunch and unpaid cloud computing bills. The investment group also includes... Read more ›
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A few years ago, in the salad days of startups like Gopuff, Getir and Gorillas that promised grocery deliveries in as little as 10 or 20 minutes, investors like SoftBank and Mubadala bet billions of dollars on the idea that shoppers wanted “ultrafast delivery.” Now it’s looking like the actual future of delivery will wind up being “just fast enough.” The ultrafast startups have withered or died altogether. Meanwhile, Amazon... Read more ›
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This is turning into the year of venture capital breakups.First, two high-profile splits announced last year became official in 2024. At Tiger Global Management, private investments chief Scott Shleifer moved into an advisory role at the firm led by Chase Coleman. And Neil Shen’s Sequoia Capital China (now HongShan) officially split from Sequoia Capital, led by Roelof Botha. Now it seems that breakups between leaders of small VC funds are... Read more ›
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Over the last year, we’ve seen more creators try to expand their offline businesses, inspired by high-profile launches such as MrBeast’s snack company Feastables and Emma Chamberlain’s Chamberlain Coffee, which disclosed in a filing Wednesday it had raised an additional $4.6 million in funding. While that trend is likely to continue, it could get more challenging due to kinks in a key support line to retail businesses: credit. Earlier this... Read more ›
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Figma employees and early shareholders collectively will be able to sell as much as $900 million of their shares after lining up commitments from nearly two dozen new and existing backers that valued the design collaboration startup at $12.5 billion. The price represents a nearly 38% decline from Adobe’s proposed plan to buy the company for $20 billion, but should soften the blow for staff who had hoped to cash... Read more ›
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For years, many current and former executives at Amazon expected Matt Garman to lead Amazon Web Services someday, given his long tenure at the cloud provider and reputation as a protégé of AWS’ first leader, Andy Jassy. But that day arrived a little sooner than they expected when Jassy, now Amazon’s CEO, said Tuesday that Garman would take over from Adam Selipsky, who has led AWS for the past three... Read more ›
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Artificial intelligence developers have a long history of playing fast and loose with intellectual property rights when it comes to getting data to train their models. While data owners are increasingly suing OpenAI, Microsoft, Meta Platforms and other major firms over such alleged violations, the heat may soon be turned on academics who operate the same way. In one example I found, researchers from Carnegie Mellon University and the University... Read more ›
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Crypto has always been a boom-and-bust business. And right now, Coinbase is flush. That has allowed the crypto exchange to lend more money to big traders, which have struggled to borrow since the 2022 market collapse wiped out Genesis, Voyager and most other big crypto lenders. Coinbase’s loans to customers swelled to nearly $800 million at the end of March from $194 million a year earlier, with the exchange using... Read more ›
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In a new move meant to protect the nascent U.S. electric vehicle battery industry, the Biden administration will announce a 25% tariff on Chinese-made synthetic graphite later this month, to be imposed in stages over the next two years, a U.S. official said. Read more ›
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Wall Street traders sent U.S. stocks to all-time highs on Wednesday. An ebullient market, pleased with easing inflation, liked big tech even more. Most of the tech giants like Nvidia, Meta Platforms and Microsoft saw gains higher than the S&P 500. As if those companies need more help, the market’s friendliness plays into big tech’s hands. Microsoft, Alphabet, Meta and Amazon need investors to overlook blemishes to their profit margins... Read more ›
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Stability AI, which has emerged as a poster child for investors’ rush to back unproven artificial intelligence startups, has talked to at least one potential buyer in recent weeks about a sale as its faces a cash crunch, according to a person involved in the conversations. The four-year-old startup raised at least $101 million from marquee investors including Coatue Management and Lightspeed Venture Partners. It fetched a $1 billion valuation... Read more ›
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Duolingo has made its TikTok account a hit with users, emerging as an example of how companies can find a voice on short-form video. It’s got a plan for a potential TikTok ban. The language learning app, best known by its pushy owl mascot, has been expanding its presence on YouTube Shorts since early last year. For example, it ran a 10-part sitcom-style series on Shorts focusing on another one... Read more ›
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Google has spent the past year and a half chasing OpenAI’s conversational artificial intelligence. But as the technical gap narrows between their products, the companies this week revealed an important difference in how their AIs will interact with people. (To read the five main takeaways from Google’s two-hour spate of announcements, see this article we published last night.)Here’s what’s going on. OpenAI on Monday unveiled an emotionally expressive female-sounding AI... Read more ›
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A New York Yankees fan who wants to watch all of the team’s games this year needs more than a cable TV subscription. They’ll also need access to Amazon Prime, Apple TV+ and Roku, each of which has exclusive rights to stream certain games. It’s not just baseball. Once, an NBA fan only needed a cable TV subscription with the right national and regional channels to watch each of their... Read more ›
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Google on Tuesday gave its supporters and detractors a lot of fodder after a two-hour showcase of new conversational artificial intelligence for consumers and businesses. Although CEO Sundar Pichai described relatively few major technological breakthroughs during the marathon session, the dizzying array of new AI features in dozens of existing products from search to Gmail was a reminder of how Google is using its scale to gain users, if not... Read more ›
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15.06.2026 03:48
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