Near the corner of Sixth and Market streets in downtown San Francisco, Frontier Tower has become a 15-story haven for the wildest and weirdest thinkers in technology. Floor 11 is full of longevity and health tech enthusiasts. The crypto folks are a floor above, with a lounge full of expensive furniture. AI is on floor 9. And the big event there this weekend is down on floor 8, where a... Read more âș
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Amazonâs artificial intelligence growth is a sight to behold. No, the company didnât report how much money itâs making from AI, and it probably wonât anytime soon. Weâre talking about the expanded use of AI buzzwords in its earnings release. References to Bedrock and CodeWhispererâtwo generative AI products from Amazonârose 67% and 200% in the third-quarter release compared to the second quarter, while mentions of Anthropicâthe hot AI startup Amazon... Read more âș
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Itâs Kalley Huang, reporting from The Informationâs Women in Tech, Media and Finance Summit in Yountville, Calif. Creators and influencers are increasingly launching their own companies to expand their audiences and to generate revenue beyond sponsorships. But their names arenât enough to sell offline brands, said Erin and Sara Foster, the acting and writing sisters who host âThe Worldâs First Podcast,â and have co-founded clothing retailer Favorite Daughter.âLook at Kim... Read more âș
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The coming wave of fintech failures. How to âown your storyâ while working for a leader like Elon Musk. A regulatory crackdown on artificial intelligence. And the repercussions of bad press on high-profile female founders. These are some of the topics discussed by speakers at The Informationâs Women in Tech, Media and Finance conference in Napa Valley, Calif., Thursday. Jackie Reses, CEO of venture-backed Lead Bank that provides financial services... Read more âș
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You might have noticed that Thrive Capital has made a number of bold bets this year, leading massive investments in Stripe, Ramp and OpenAI once again, even as other late-stage investors have pulled back. Special-purpose vehicles helped buttress the firmâs Stripe investment, while lowering the risk of its core fundâs performance. The same could be true of its OpenAI investment.Last week, I reported that Thrive Capital is leading a deal... Read more âș
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Women founders who started their own venture firms say the autonomy has allowed them to alter stubborn industry practicesâa benefit thatâs worth the risks of failure. âIf I'm going to do this, I'm going to build it from the ground up,â said Rachel Holt of her decision to co-found early-stage venture fund Construct Capital in 2020, after more than eight years at Uber. She said âchallengesâ at existing VC firms... Read more âș
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Congratulations if you already knew that Intel, the American chip pioneer, had started selling artificial intelligence-related softwareâas opposed to just hardwareâto businesses that want to build generative AI apps. I had no idea myself until I wrote a story on Wednesday about Intel expanding that effort. Itâs planning to announce the move sometime in the coming months.Before you laugh off the project due to Intelâs also-ran status in the great... Read more âș
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Anduril, the defense tech startup that says itâs trying to build the âLockheed Martin of the 21st century,â laid out lofty goals to investors early last year. It set its sights on $1 billion in annual revenue by 2026, five times its expectation for $200 million of revenue in 2022. Achieving that ambition will be expensive. The six-year-old startup, valued last year at $8.5 billion by Founders Fund and others,... Read more âș
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A U.S. official said a new Chinese restriction on the export of graphite is a warning that Beijing could also crack down on other materials vital to the electric vehicle industry. Giulia Siccardo, director of the U.S. Department of Energyâs office of manufacturing and energy supply chains, said U.S. auto companies should rethink their reliance on Chinese supplies âthat look very cheap and abundant right now [but] may not always... Read more âș
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Meta Platforms CEO Mark Zuckerberg has 34.1 billion reasons to be satisfied with the social networkâs third-quarter result, released Wednesday afternoon. Thatâs how many dollars Meta reported as revenue, near the top end of the companyâs guidance, and representing 23% growth over the year-earlier revenue line. Thatâs a return to the kind of growth rate we saw routinely from Meta before 2022, when a combination of Appleâs restrictions on ad... Read more âș
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Itâs all about artificial intelligence.That was the message from Meta Platforms CEO Mark Zuckerberg when he discussed the companyâs third-quarter earnings Wednesday on an investor call. Buoyed by strong overall resultsâthe companyâs revenue jumped 23% and profit nearly tripledâZuckerberg said the companyâs new AI tools will change the way people use Metaâs apps. These include âCreator AIs,â coming next year, which will help creators interact with fans.Thatâs all well and... Read more âș
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Intel has been largely left behind as an artificial intelligence boom has catapulted rival chipmakers such as Nvidia and Broadcom. While the once-iconic U.S. chipmaker still hopes to grab a piece of the fast-growing AI chip market, in the short term it is trying something differentâselling specialized AI software and services. Intel is working with multiple consulting firms to build ChatGPT-like apps for customers that donât have the expertise to... Read more âș
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In 2014, Google executives were deeply concerned about a new Apple feature that gave users of its Safari web browser suggestions for websites to visit rather than routing them to Google, which was paying Apple to be the default search engine on that companyâs devices. Google forecast a significant revenue hit from the feature, according to a slide deck that the U.S. Department of Justice made public this month as... Read more âș
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Paradigm co-founder Fred Ehrsam is relinquishing his role as managing partner of the crypto-focused firm he co-founded five years ago, I reported yesterday. The writing has been on the wall for a while.  As I wrote in my story, Ehrsamâwho had previously co-founded Coinbase with Brian Armstrongâhas taken a back seat over the past year to the firmâs other co-founder, Matt Huang. After Paradigm received blowback for scrubbing any mention... Read more âș
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If youâre tired of digging through piles of websites and adding âRedditâ to the end of your Google searches, you may want to take a look at this red-hot AI-powered search engine startupâwhich now has the backing of yet another VC.Perplexity, whose search engine product competes with OpenAIâs ChatGPT and Googleâs Bard, is raising around $50 million in funding from IVP at a post-investment valuation of $500 million, Kate Clark... Read more âș
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So far, Apple has pitched its upcoming Vision Pro mixed-reality headset as a tool for working and enjoying various forms of entertainment. But inside the company, employees have also discussed another, more specialized use of the product as a way to diagnose and treat mental health issues, according to people with direct knowledge of the matter. Such features would tap the deviceâs array of cameras and sensors to measure a... Read more âș
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In AI, Microsoft is outdoing its biggest rival, Google. Thatâs the big takeaway from the two tech giantsâ September-quarter results, released Tuesday. Growth at Microsoftâs Azure cloud unitâand the company generallyâaccelerated in the quarter, which executives credited to higher-than-expected consumption of AI-related services. Yet in the same quarter, growth at Azureâs smaller rival Google Cloud slowed by nearly 6 percentage points. The most likely conclusion is that Google Cloud isnât... Read more âș
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Have consumers started to cool towards short-form video? Thatâs certainly one read from Google and Snap results. At Snap, the company didnât break out the monthly active users of its short-form video feature Spotlight, unlike in the second quarter, when Snap said the feature had more than 400 million monthly active users. Snap did say time spent watching Spotlight clips in the September quarter rose 55% year-over-year. But the absence... Read more âș
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Venture capital firm IVP is leading an investment in Perplexity, developer of an artificial intelligenceâpowered search engine that competes with OpenAIâs ChatGPT and Googleâs Bard, according to people with direct knowledge. The deal values the 1-year-old company at around $500 million, including the new capital, up from a $150 million post-investment valuation from an earlier financing announced in March. Perplexity is generating $3 million in annual recurring revenue as of... Read more âș
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OpenAI is no longer the only game in town when it comes to selling generative artificial intelligence. Thatâs beginning to affect the growth of its sales to corporate customers. Less than a year after OpenAI launched ChatGPT and built a considerable consumer business, several big companies that were also early customers of its AI, such as Salesforce and Wix, say they are using less expensive alternatives. Some of those firms... Read more âș
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SiFive, a semiconductor startup that counted Google as a user of its products, has laid off 20% of its staff, or about 130 people, a company spokesperson confirmed. Itâs a sign of strain within the semiconductor sector even as intense demand for artificial intelligence chips buoys Nvidia and others. SiFive, which was valued on paper at $2.5 billion in a financing round last year, is one of the most prominent... Read more âș
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09.04.2026 08:36
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