Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startupâs $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more âș
64
The debate around whether itâs 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 themâas they have been doing for the past couple of years (see my colleague Aaronâs story this morning), the... Read more âș
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 âlike air, too cheap to meter.â It hasnât turned out... Read more âș
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 âș
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 âș
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 toâin all seriousnessââsupercharge its AI roadmapâwith projects including an âAI Agent for Sleep Optimization.â As AI agents are generally defined as artificial intelligence that undertakes actions on behalf of users, should... Read more âș
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 OpenAIâs âStargateâ data center in Abilene. The announcement reflects the ... Read more âș
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 Informationâs new daily streaming show. Investors valued Beehiiv at $225 million last year, and Denk hopes the startup can get to profitability... Read more âș
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, todayâs 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? Itâs starting to feel like it, at least for companies in crypto... Read more âș
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 âș
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 âș
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 âș
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 âș
0
Job seekers are increasingly running into employers using artificial intelligence-powered job interviewers, and the process has garnered backlash and in some cases sparked lawsuits from spurned candidates. But AI interviewers might actually increase candidatesâ chances of getting hired.A new research study published this week from the University of Chicago and the University of Rotterdam suggests that AI agents may actually be more effective than human interviewers when it comes to... Read more âș
0
The Trump family has partnered with a father-son duo with a history of run-ins with financial regulators for a deal to sell $1.5 billion of its crypto tokens. A biotech turned crypto company called Alt5 Sigma will sell $1.5 billion of stock and use the money to buy the crypto token created by World Liberty Financial, founded by Donald Trump Jr. and his brother, Eric. Read more âș
21
Automating customer service has been among the most popular applications of artificial intelligence models, and investors have pumped about $1 billion into six key startups developing them. Now, a seventh is throwing its hat into the ring.San Francisco-based startup Pylon has raised $31 million in a fundraise co-led by Andreessen Horowitz and Bain Capital Ventures at a valuation in the hundreds of millions of dollars, according to a person with... Read more âș
23
Signs that OpenAI and other artificial intelligence firms are generating ever-increasing revenues are getting attentionâfrom news publishers who want to get their piece of the action. Publishers that have struck deals to license their content to AI firms for training large language models are now discussing internallyâand in at least one case, with AI firmsâwhether they can get paid based on how often AI businesses use their content in answers... Read more âș
6
OpenAI has launched a special subscription tier for Indian users for 399 rupees ($4.60) a month, confirming The Informationâs earlier reporting. The new tier, called ChatGPT Go, gives Indian users higher message limits, image generations, uploads and memory, OpenAI Chief Product Officer Kevin ... Read more âș
12
SoftBank plans to buy $2 billion of Intel stock, the companies announced on Monday, just as the Trump administration is considering taking a roughly 10% stake in the beleaguered chip giant, worth around $10.5 billion. Intel shares rose 5% in after-hours trading following the SoftBank ... Read more âș
0
Talk about symbolism. Foxconn chair Young Liu said today that the electronics manufacturer was selling its Lordstown, Ohio, electric vehicle factory to SoftBank, which will use it to make artificial intelligence computer servers. Itâs the latest example of how AI is supplanting other newish technologies. (Notably, the Lordstown factory, which Foxconn bought in 2022 from Lordstown Motors, was originally a General Motors plant making Chevys and Pontiacs, as columnist Steve... Read more âș
0
When Nvidia wanted to show off software for developing artificial intelligence at its flagship customer conference in March, it brought out a Star Warsâinspired robot that bobbed its head as Nvidia CEO Jensen Huang talked to it. âStand right here,â said Huang, pointing to his side, and the knee-high robot waddled to the spot, receiving cheers and applause from the audience. What Huang didnât say was that âa puppeteer behind... Read more âș
10
Most popular sources
Business Insider
|
29% 10 |
Tom's Hardware
|
9% 9 |
Engadget
|
8% 6 |
Gizmodo
|
8% 4 |
Wired
|
7% 5 |
| View sources » | |
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30.10.2025 20:02
Last update: 19:55 EDT.
News rating updated: 01:50.
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