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 startup’s $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 ›
64
The Federal Reserve said Friday it will end its program that scrutinized fintech and crypto activities by banks, months after it stopped requiring banks to obtain advanced permission before engaging in crypto businesses. The Fed said it has strengthened its understanding of these activities and ... Read more ›
12
In the fast-paced AI wars, time is precious. So when Google last month said it would pay Windsurf $2.4 billion to license the prominent AI startup’s technology and hire some of its employees, the search giant hurried to add Windsurf’s researchers and engineers to its ranks. Within a day, Google had onboarded most of the Windsurf staff it had hired—but not all of them. Some of them were left in... Read more ›
17
When artificial intelligence researcher Igor Babuschkin announced his departure from Elon Musk’s xAI this week, he became the second founding member of the team to quit this year. And like Christian Szegedy, another co-founder who left in May, Babuschkin had originally come from Google. Despite the pair’s departure, xAI still relies heavily on talent from Google. xAI has hired at least 40 former Google employees since Musk formed the company... Read more ›
0
Earlier this week, I published a look at the blitz of fundraising deals for artificial intelligence startups, often triggered by unsolicited term sheets. A few days later, my colleagues Sri, Erin and I reported on Perplexity’s talks to raise more money at a valuation of more than $20 billion, which, if it closes, would be its third fundraising in about three months.Unbelievable as it may be, some venture capitalists are... Read more ›
0
Before its unsolicited offer to buy Google’s Chrome for $34.5 billion on Tuesday, Perplexity had been quietly exploring acquisitions of smaller browser startups, The Information reported. Earlier this summer, the AI search company offered about $1 billion to buy Brave, a privacy-focused web ... Read more ›
0
We’re in a new era of government intervention in corporate America. The latest example is Bloomberg’s report on Thursday that the Trump administration was in talks to “take a stake” in Intel. Just on Monday, President Donald Trump said he and Nvidia CEO Jensen Huang had agreed that Nvidia would pay the government 15% of whatever revenues it generates from the sale of AI chips to China, in exchange for... Read more ›
37
Vercel, a nine-year-old cloud startup that companies use to host and develop websites and artificial intelligence apps, has been approached by investors offering to invest hundreds of millions of dollars at a valuation between $8 billion to $9 billion, according to a person with direct knowledge of the discussions. The new funding could nearly triple Vercel’s private valuation from a financing in May last year and follows a recent growth... Read more ›
35
A bitcoin mining firm said Thursday that Google would help finance its move to lease data center servers for artificial intelligence development. The announcement didn’t disclose whether Google will rent the servers but it is one of the biggest AI developers and cloud providers, ... Read more ›
0
Kajabi, a 15-year-old software service best known for selling online courses, supercharged sales a few years ago when—armed with a big check from Tiger Global Management—it started heavily marketing itself to creators, who pay a monthly fee to host courses and sell other digital goods, such as newsletters, podcasts, coaching and memberships.The startup’s CEO Ahad Khan says the company has been finding success with creators focused on narrow topics, such... Read more ›
0
Oracle and Google have expanded the cloud agreement they announced last year to let the database giant’s cloud customers rent access to Gemini models. It’s the latest sign of growing ties between the longtime tech rivals and further evidence that hosting top AI models is becoming table stakes ... Read more ›
0
Intel is in talks with the Trump administration for the US government to potentially take a stake in the troubled chipmaker, Bloomberg reported Thursday. The potential deal would have the government pay for a stake to help fund Intel’s planned factories in Ohio, according to the report. The ... Read more ›
6
Shares of the Trade Desk closed down 7% on Thursday after The Information reported that Walmart had renegotiated its deal with the advertising tech firm in what could be a first step to the retailer backing away from the company. Walmart reached a new deal last year with the Trade Desk, which ... Read more ›
0
Instagram’s co-head of product, Ashley Alexander, is leaving Meta Platforms, according to a person with direct knowledge of the matter. She joined Facebook in 2013, according to her profile on LinkedIn. Alexander has worked across the photo- and video-sharing app, including on search, commerce, ... Read more ›
0
For all the talk about the rise of low-cost or open-source AI models, enterprises are still gravitating to brand-name models from OpenAI, Google and Anthropic. That’s prompting database providers like Snowflake, Databricks and Oracle to strike deals allowing database customers to use the brand-name AI to build chatbots and search tools that can analyze each customers’ proprietary data. In the latest example, Oracle and Google announced an agreement this morning... Read more ›
21
A group of more than 80 chief executive officers at crypto and fintech firms signed a letter to President Donald Trump urging him to block U.S. banks, such as JPMorgan Chase, from charging fees for access to customer data, which could threaten the business model of fintech firms. The CEOs at ... Read more ›
16
Cohere, a Canadian artificial intelligence developer that competes with Anthropic and OpenAI, said Thursday it had raised $500 million at a $6.8 billion valuation including the new money, confirming The Information’s earlier reporting. The AI lab also said it had hired Joelle Pineau, Meta ... Read more ›
2
Amazon’s most direct rival in handling ad sales across the web, the Trade Desk, could be in danger of losing one of its most valuable clients—Walmart. Last year, Walmart renegotiated its four-year-old arrangement with the Trade Desk, under which advertisers buying spots on the Web using Walmart shopper data for targeting have to use the Trade Desk’s technology. The new arrangement is no longer exclusive, according to a person with... Read more ›
2
When I talk to roboticists, one scenario that keeps them up at night is the possibility of their robots making an unexpected movement and hurting someone. An industrial arm could accidentally wallop a nearby worker, a self-driving car could swerve off a road or a humanoid robot could fall on a toddler. Yikes!Historically, a surefire way to guard against these risks was to rope off a robot in its own... Read more ›
0
On President Donald Trump’s last day of his first term, in 2021, he pardoned Michael Liberty, a real estate developer and tech entrepreneur who had served jail time for illegal campaign contributions and was facing new federal criminal and civil charges. The pardon may pay dividends for the president’s family. Roughly a year after the pardon, the president’s son, Donald Trump Jr., took a 5% stake in Liberty’s company, now... Read more ›
0
The federal judge overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI ruled Tuesday that the court would not throw out OpenAI’s countersuit against Musk. OpenAI has alleged that Musk engaged in unfair competition and “tortious interference” by submitting a $97.4 billion bid ... Read more ›
0
Most popular sources
Business Insider
|
24% 4 |
Engadget
|
10% 9 |
Tom's Hardware
|
9% 8 |
Wired
|
7% 5 |
Gizmodo
|
6% 0 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
31.10.2025 01:27
Last update: 01:10 EDT.
News rating updated: 07:21.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.