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
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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
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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
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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
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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
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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
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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
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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
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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
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Google is increasing its stake in TeraWulf, a bitcoin miner that is pivoting to artificial intelligence data centers. Google had already agreed to help finance a TeraWulf data center in New York as a âbackstop.â TeraWulf said Monday that cloud computing startup Fluidstack agreed to run the ... Read more âș
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The Trump administration is considering taking a roughly 10% stake in Intel, a move that could make the US government the troubled chipmakerâs largest shareholder, Bloomberg reported Monday. A 10% stake would be worth about $10.5 billion at Intelâs current market value. The potential deal could ... Read more âș
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BNY and Goldman Sachs are aiming to manage reserve assets for stablecoin issuers, the latest move by banks to serve the sector following the passage last month of U.S. stablecoin legislation. BNY filed on Monday seeking SEC approval to launch a fund, called âBNY Dreyfus Stablecoin Reserve Funds, ... Read more âș
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The MSNBC cable news channel will change its name to MS NOW later this year, following Comcastâs planned spinoff of most of its cable TV networks into a new company called Versant. MS NOW is an acronym for âMy Source News Opinion World,â the company said in its announcement. MSNBC was formed in ... Read more âș
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Software-focused buyout firm Thoma Bravo is in talks to buy HR software provider Dayforce, Bloomberg reported Sunday. Shares of Dayforce jumped 26% on the news. Dayforce stock has tumbled for more than 25% over the past 6 months and had a market value of about $8.4 billion before Bloomberg ... Read more âș
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Chinese developers of artificial intelligence software have already pulled ahead in domains like open-source and video generation. Now, one such developer is trying their hand at making AI models that can generate realistic worlds that users can explore, like immersive video games.ByteDance, TikTokâs parent company, is developing such an AI, according to four people with knowledge of the matter. The Chinese tech giant is following the footsteps of Google and... Read more âș
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For nearly 25 years, Tracey Shelley, an online merchant who sells products like Olay moisturizer, Coppertone sunscreen and Dr. Squatch deodorant, operated mainly on Amazonâs marketplace. But in the past few years, Shelley said she shifted nearly half her business to Walmart, as the retailer lobbied online sellers to sell on its site. In its effort to compete with Amazon, Walmart pitched lower fees and more straightforward policies, she said.... Read more âș
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The very final part of Americaâs trade deal with the European Union has been delayed by the EUâs desire to continue forcing tech companies to more actively police their sites. The US and the EU had already been expected to release a statement with the terms they reached last month, but ... Read more âș
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Until last year, things looked pretty good for Northvolt, a Sweden-based battery startup that Europeans saw as their answer to Tesla. The company had vacuumed up $13 billion in capital from largely blue-chip investors and taken $55 billion in battery orders from major carmakers like BMW, Volkswagen and Volvo. Northvolt executives spoke of going public at a valuation of $20 billion. The collapse of the 5,000-person company came quickly, amounting... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Foreign researchers weigh AI riches against immigration worries ⹠The Arena: Why David Ellison will want more streaming punch for Paramountâą Plus, our Recommendations: âBuzz: The Man & The Moon,â âAn Oral History of Atlantisâ and âThe Gilded Age.â Soon, the greatest challenge in artificial intelligence may not involve making an AI smarter. Rather, itâll be the difficult choice of choosing a... Read more âș
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It didnât take long for David Ellison, the fresh-faced millennial owner and CEO of Paramount Skydance, to make a statement. Just five days after the merger between Paramount and Skydance closed, the scion of Oracleâs Larry Ellison reached into his deep pockets to acquire seven years of broadcast rights to UFC mixed-martial arts matches for $7.7 billion. With a single pen stroke, the sports rights deal accomplished two significant feats... Read more âș
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Most popular sources
Business Insider
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23% 5 |
MacRumors
|
12% 9 |
Gizmodo
|
8% 1 |
Tom's Hardware
|
8% 0 |
CNET
|
5% 3 |
| View sources » | |
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31.10.2025 15:04
Last update: 14:56 EDT.
News rating updated: 20:51.
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