On April 23, Tesla CEO Elon Musk told investors that the company would deliver “new vehicles, including more-affordable models” as soon as the end of the year. But people familiar with the matter said that Tesla has only one future model sufficiently developed to meet that time frame—the $25,000 compact SUV dubbed the Model 2 that Musk shelved earlier this year. Read more ›
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The same old adjectives come up again and again in conversations with investors about top tech founders: gritty, visionary, creative. I’m hearing a new one lately that speaks to this moment in tech: vengeful. A number of the founders attracting the most investor enthusiasm right now have something in common: They’ve all made messy exits from their previous companies. Parker Conrad, fired by investors at insurance startup Zenefits eight years... Read more ›
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Last week, we reported ByteDance is internally exploring scenarios for selling a majority stake in TikTok’s U.S. business. Any such sale would happen without a crucial benefit: its powerful recommendation algorithm.That possibility makes creators particularly nervous. TikTok’s algorithm, which quickly figures out a user’s interests, makes it easier for creators to amass views and find relevant audiences. Read more ›
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Earlier this week, Elon Musk laid off a 500-person team overseeing Tesla’s Supercharger Network, a move that stunned many employees and industry observers who consider the electrical charging stations one of Tesla’s key advantages. But just a couple weeks ago, one of Musk’s lieutenants reassured members of Tesla’s energy organization that Musk believed that Superchargers were critical to the company, according to an email viewed by The Information. The email... Read more ›
0
When news broke on Tuesday of a new copyright infringement lawsuit filed against OpenAI and Microsoft, this time by eight daily newspapers, I was reminded of a conversation I had a month ago with Rich Skrenta, executive director at the Common Crawl, a nonprofit that supplies open-source web crawl data.He argued that in the future, consumers would discover new content and search the Internet using large language models. And given... Read more ›
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Last week’s rally in stock of Google parent Alphabet was attributed to the company’s introduction of a dividend, its big improvement in its operating profit margin and faster growth at Google Cloud. But investors might have been also responding to another piece of good news that got little attention: Google has managed to lower the cost of showing artificial intelligence–generated answers to queries 80% over the last year, according to... Read more ›
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Take a bow, Andy Jassy! The spate of healthy big tech earnings continued on Tuesday, as Amazon reported what have to be described as robust first-quarter results. Its e-commerce business made money both in North America and overseas—that hasn’t been true since 2021—while cloud giant Amazon Web Services posted accelerating sales growth and much stronger profit margins. Overall operating profits more than tripled. What’s not to like? Amazon—like Alphabet, Meta... Read more ›
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Does it make sense to back rival language model companies Anthropic and OpenAI (and Cohere and Mistral)? Some investors seem to think so, taking an approach to startup investing that looks a little like buying an index fund with an array of tech stocks.Last week my colleagues and I broke the news that Sequoia Capital was among the investors in a new $6 billion fundraising for xAI, Elon Musk’s artificial... Read more ›
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Today we report on more signs that investor appetite for creator economy startups seems to be returning. The latest example: newsletter publishing startup Beehiiv on Tuesday announced it closed $33 million in Series B funding led by NEA earlier this month. Existing investors such as Lightspeed Venture Partners also joined the round. The deal extends a rebound in funding for creator startups from the first quarter of the year, which... Read more ›
6
I was catching up with the new AI Index Report from Stanford’s Human-Centered Artificial Intelligence Institute when one section caught my eye. That was a forecast that we’ll likely run out of high-quality language data needed for train AI models sometime this year.That’s a worrying timeline. So far, AI companies have improved their large language models by training them on lots of data combined with increasingly more computing power (a... Read more ›
0
Google has agreed to pay Wall Street Journal owner News Corp between $5 million and $6 million annually to develop new artificial intelligence–related content and products, according to a News Corp staffer and another person close to the deal. The new and previously unreported arrangement follows Google’s recent termination of another content partnership with The Journal, resulting in layoffs at the news organization. The new arrangement, part of a longstanding... Read more ›
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Frustrated by falling sales and the pace of layoffs carried out by his lieutenants, Tesla CEO Elon Musk is thinning his senior management team and laying off hundreds more employees. In an email late Monday to senior Tesla executives, Musk said Rebecca Tinucci, senior director of the company’s Supercharger group and Daniel Ho, head of new products, would leave the company as of Tuesday morning. Read more ›
24
Maybe Elon Musk should visit China more often. Today’s 15% rally in Tesla stock follows his quick visit there on Sunday (which incidentally also confirmed his statement last week that his seven-day-a-week work schedule means he rarely takes even Sunday afternoons off). The big news that came out of the visit, according to Bloomberg, was that Tesla got tentative approval from the government to deploy its driver assistance tech in... Read more ›
0
Last week, we spent a lot of time talking about Meta Platforms’ new open-source Llama 3 models. However, the one question that still remains unanswered is how Meta and other developers of open-source AI software will make money from it—an uncertainty that likely contributed to Meta’s stock drop on Thursday.Take Paris-based startup Mistral, for example, currently in talks to raise at a $5 billion valuation just months after raising at... Read more ›
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Last week, Elon Musk told Tesla investors they should think about the electric vehicle maker “almost entirely” in terms of a single goal: figuring out how to make its cars drive themselves, without human supervision. Whether Tesla is successful in that objective could come down to its efforts to perfect autonomous driving in places like San Francisco’s Sunset District, a vast residential neighborhood flanked by the Pacific Ocean and Golden... Read more ›
0
When Tesla’s head of powertrain, Drew Baglino, resigned this month, along with Rohan Patel, vice president of public policy, and Martin Viecha, vice president of investor relations, they joined hundreds of senior and midlevel executives who have left the company over the years. As we show in the searchable Tesla Diaspora Database we are publishing today, if the trio follows the path of the others who have left, they will... Read more ›
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When Tesla’s head of powertrain, Drew Baglino, resigned this month, along with Rohan Patel, vice president of public policy, and Martin Viecha, vice president of investor relations, they joined hundreds of senior and midlevel executives who have left the company over the years. As we show in the Tesla Diaspora Database we are publishing today, if the trio follows the path of the others who have left, they will likely... Read more ›
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Welcome, Weekenders! In this newsletter:The great Tokyo gamble.Our favorite interior designers…for rescuing boring offices. Billionaire nerd buys The Onion, thinks he can solve media’s problems (yes, we’re serious!). Plus: Yo-Yo Ma, Apple and global politics; a videogame legend’s unexpected new work; and Michael Douglas as our nation’s original nerd-preneur.Honestly, politics are only one of TikTok’s problems. Assuming the ban bill stands (after the expected lawsuit from TikTok and its users),... Read more ›
0
For quite some time, Jeff Lawson has kept up a running joke among friends and family. “Bezos bought The Post, Benioff bought Time—well, Jeff Lawson is going to buy The Onion,” said Lawson, billionaire founder of Twilio, an unsexy enterprise software company that he ran until a recent series of battles with activist investors played out. Honestly, Lawson’s quip is exactly the type of thing that could make for a... Read more ›
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When Molly Martell, vice president of brand at San Francisco venture capital firm Headline, was tasked with revamping the company’s offices in 2021, she sought out a design that “felt like the antidote to Zoom” and could fulfill a mandate for a “cozy” space that wasn’t “cold, gridded boxes,” she explained. For a minute, she and Headline considered going avant-garde, perhaps buying and remodeling a house or even a boat.... Read more ›
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15.06.2026 08:03
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