Canva launched an employee stock sale that values the Australian design software startup at $42 billion, up from $32 billion in a secondary sale deal last year. The deal allows employees to cash out shares to new and existing investors including Fidelity and JPMorgan Asset Management, Bloomberg ... Read more ›
1
Could the artificial intelligence business develop like cable TV or cellular, where the real money is made by apps running on top of internet pipes, rather than by the telecom firms that spent billions building those pipes? That would be a big deal for AI. It implies that AI agent developers will end up more profitable than AI model makers, like OpenAI, which are spending billions on AI development costs.... Read more ›
0
It wasn’t the message I expected to hear from Bret Taylor, a veteran Silicon Valley executive and, yes—an artificial intelligence startup founder—as I interviewed him on The Information’s TITV to discuss his latest startup, Sierra. Taylor, more than anyone else I know in the tech industry, has straddled both big and small tech. I first met him when he was working on a startup called FriendFeed, which he sold to... Read more ›
0
Every episode of Bella Freud’s video podcast begins the same way: A doorbell rings, and she welcomes a guest—ranging from supermodel Kate Moss to designer Christian Louboutin—to lay down on a couch in her London home.  A camera attached to the couch captures a flattering angle of the person’s face from above. The setup is a tongue-and-cheek nod to Freud’s family history. The 64-year-old fashion designer is the great granddaughter... Read more ›
0
Google unveiled its new lineup of Pixel phones, watches and earbuds on Wednesday, touting new AI and camera capabilities in a creator-studded lineup hosted by the comedian Jimmy Fallon. The standout new feature was “Magic Cue,” which uses Google AI to draw information from different apps on a ... Read more ›
6
Meta misled advertisers about ad performance and may have evaded Apple’s privacy restrictions, according to a complaint filed in a UK court by a former Meta employee, according to an Adweek report. Marketers judge ad performance based on a metric called return on ad spend—how much revenue an ad ... Read more ›
1
JPMorgan Chase and Japanese lender MUFG are in talks to underwrite a $22 billion debt financing for a 1,200 acre data center complex being developed by Vantage Data Centers, the Financial Times reported. Vantage’s backers DigitalBridge and Silver Lake would also invest a combined $3 billion in ... Read more ›
5
China is considering approving yuan-backed stablecoins for the first time to boost the usage and influence of its currency globally, Reuters reported, citing unnamed people familiar with the matter. The government will study a roadmap to promote the yuan later this month, including ways to catch ... Read more ›
0
The debate around whether it’s better to be an AI-powered app that millions of people use, like Cursor, or an AI model like Claude that powers such apps is getting interesting.While Cursor and other customers of AI models are hurting as OpenAI and Anthropic hold model prices steady rather than cutting them—as they have been doing for the past couple of years (see my colleague Aaron’s story this morning), the... Read more ›
11
Last year, the cost for businesses to purchase state-of-the-art artificial intelligence was plummeting. Top AI providers such as OpenAI, Anthropic, and Google had slashed the price of their flagship AI models by more than 90% compared to prior years, while DeepSeek and other open-source developers were releasing free yet powerful models. Google CEO Sundar Pichai predicted AI would soon be “like air, too cheap to meter.” It hasn’t turned out... Read more ›
218
Character.AI, the chatbot maker whose founders Google rehired as part of a $2.7 billion deal last August, has in recent weeks discussed a sale of the company with potential buyers, bankers and staff, according to three people who have spoken to its executives. The nearly four-year-old startup could try to stick it out as an independent company instead. Executives have also recently talked with investors about raising a few hundred... Read more ›
0
Manus, an artificial intelligence agent that briefly went viral earlier this year and got financial backing from Benchmark, said it has achieved an annualized run rate of $90 million. Manus Co-founder Peak Ji revealed the number Wednesday during a conference in Singapore hosted by Stripe. The ... Read more ›
2
What is it about sleep technology that causes tech investors to dream of immense riches? Eight Sleep, which makes high-tech mattress toppers and is a favorite brand of many tech luminaries, announced Tuesday it had raised $100 million partly to—in all seriousness—“supercharge its AI roadmap”with projects including an “AI Agent for Sleep Optimization.” As AI agents are generally defined as artificial intelligence that undertakes actions on behalf of users, should... Read more ›
0
Vantage Data Centers, which develops data centers for large cloud providers, said Tuesday it is building a large-scale artificial intelligence facility in Shackelford Country, Texas, a 20-minute drive from Oracle and OpenAI’s “Stargate” data center in Abilene. The announcement reflects the ... Read more ›
0
Newsletter publishers are having a moment again. Beehiiv, a four-year-old competitor to the larger and older Substack, is on pace to double its total revenue this year, to $30 million, CEO and co-founder Tyler Denk told my colleague Akash Pasricha on Tuesday during an interview on TITV, The Information’s new daily streaming show. Investors valued Beehiiv at $225 million last year, and Denk hopes the startup can get to profitability... Read more ›
0
Initial public offerings are generating buzz again, and share prices of tech listings have doubled on average this year. The Nasdaq has been at an all-time high, today’s big-tech stock sell-off notwithstanding. And Chamath Palihapitiya is raising money for a special purpose acquisition company. Are we about to hit a speculative IPO and SPAC frenzy reminiscent of 2021? It’s starting to feel like it, at least for companies in crypto... Read more ›
2
Tether, the biggest stablecoin issuer, said it has hired Bo Hines, the former White House crypto executive director, to advise the company on its U.S. strategy and expansion. Hines, 29, announced his surprise resignation from the White House on Aug.9 to return to the private sector. A deputy of ... Read more ›
0
Smart mattress-topper firm Eight Sleep said it had raised $100 million in a series D funding round, from investors including HSG, Valor Equity Partners, Founders Fund, and Y Combinator. It brings to $250 million the decade-old company has raised. The new funding will allow the company to ... Read more ›
0
Payroll startup Deel has cinched a victory in a case linked to its larger battle with Rippling. A judge in Florida on Monday dismissed a case that was filed earlier this year against Deel. The action was filed by a court-appointed receiver to a Ponzi operation that the Securities and Exchange ... Read more ›
0
Databricks, an artificial intelligence and database provider, said it is raising an undisclosed amount of new funding at a valuation of more than $100 billion, up at least 60% from a financing in December. The 12-year-old firm reached $3.7 billion in annualized revenue in July, up 50% from the ... Read more ›
0
Most popular sources
Business Insider
|
23% 5 |
MacRumors
|
11% 9 |
Gizmodo
|
8% 1 |
Tom's Hardware
|
8% 0 |
CNET
|
5% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
31.10.2025 14:45
Last update: 14:40 EDT.
News rating updated: 20:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.