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
In David Ellison’s first major move after taking control of Paramount, the company has announced a seven year, $7.7 billion media rights deal with UFC, the mixed-martial arts owned by Ari Emanuel-led TKO. Under the terms of the agreement, Paramount will exclusively distribute UFC’s events on its ... Read more ›
0
Last year, when money was surging into artificial intelligence startups, even some venture capitalists involved in those deals worried that the high costs of AI and unreliable demand from businesses were setting up many startups for disappointment. Such skepticism, if not dead, is on its last legs. Monthly revenue that is doubling or quadrupling this year at startups such as OpenAI, Anthropic and Cursor-maker Anysphere have shown that businesses and... Read more ›
15
Nvidia and AMD will give the U.S. government a 15% cut of the sales of their chips in China, in exchange for receiving export licenses for the Chinese market, The Financial Times reported. The unusual arrangement will affect China sales of Nvidia’s H20 and AMD’s MI308 chips, for which the U.S. ... Read more ›
11
A week after President Donald Trump called on Intel’s CEO to resign, the two men are slated to meet in the White House on Monday, The Wall Street Journal reported. Last week, Trump posted a message on Truth Social demanding that Lip-Bu Tan, the Intel CEO, resign immediately. The message came ... Read more ›
0
Welcome, Weekenders! In this newsletter:• The Big Read: Nvidia’s quiet rising stars? The CEO’s kids • The Top 5: The best at-home longevity tests• Plus, our Recommendations: “StanLand,” “King of Kings” and “Pee-wee as Himself” In Piedmont, Calif., a group of parents have been encouraging their friends to do the unthinkable: Take their kids to the park on Friday afternoon—and leave them there.“There’s this mindset that hypervigilance equals good parenting,... Read more ›
9
Green juices and meditation apps are so 2015. In the quest to live better and healthier, anyone interested in wellness is likely into data-heavy optimization for greater insight on their body’s longevity. And such data is now increasingly easy to accumulate at home with just a few drops of blood or saliva in tests that purport to reveal how fast someone’s body is aging and how to slow that process... Read more ›
7
In its first earnings call as a public company since its initial public offering in June, digital banking firm Chime said it made $528 million in sales in the June quarter, up 37% from the same period a year ago. However, its executives predicted that its sales growth for the full year would ... Read more ›
0
How much financial stress can tech companies handle in their efforts to win the artificial intelligence race? OpenAI CEO Sam Altman said today on CNBC he thinks the ChatGPT creator should continue “running at a loss” so it can continue to invest in computing capacity to keep advancing its AI models. In one way, he has to take that stance: He’s competing with rich companies, like Google and Meta Platforms,... Read more ›
0
Intel CEO Lip-Bu Tan told employees he is committed to “advancing U.S. national and economic security,” after President Donald Trump called for him to step down due to conflicting interests with China. In a letter to employees on Thursday Tan said there is “a lot of misinformation” circulating ... Read more ›
0
Shares of ad technology firm The Trade Desk dropped more than 35% on Friday, as investors responded to the company’s projection that its revenue growth would slow to 14% in the third quarter, from 19% in the second quarter, as a result of economic uncertainty flowing from President Trump’s ... Read more ›
2
At an all-hands meeting earlier this year, Nvidia CEO Jensen Huang received a question that prompted him to talk about a personal topic: nepotism at Nvidia. In response, Huang acknowledged that Nvidia had indeed hired the children of many employees and insisted it didn’t bother him. He said he believed those parents wouldn’t have vouched for their kids unless they felt certain their children wouldn’t embarrass them. Besides, many second-generation... Read more ›
0
OpenAI CEO Sam Altman said the ChatGPT creator should keep “running at a loss” as it continues to invest in training new models, as long as it shows continuing improvements in the performance of its models. Altman said in a CNBC interview that “its nice not to be public,” implying it ... Read more ›
0
Silicon Valley is governed by a set of rules about how Silicon Valley is supposed to operate. There are pecking orders for just about everything from employees (engineers are king) to investors (most founders would take a check from Sequoia). But every once in a while, those rules change. And right now, they are changing a lot. The rise of artificial intelligence is transforming what gets built and how. But... Read more ›
10
Cracks are beginning to show in the booming market for stocks of companies—like Michael Saylor’s Strategy—that do little other than hold cryptocurrencies like bitcoin. These stocks became a wildly popular way for investors to speculate on bitcoin and recently on more exotic cryptocurrencies. Valuations for Strategy, and for others including bitcoin holder Semler Scientific and solana holder Upexi, have come down a bit, while companies that own more speculative tokens... Read more ›
25
Apple’s next iPhone unveiling is a month away, but OpenAI may have just sucked all the new tech product excitement out of the room with today’s GPT-5 unveiling. The livestream, featuring a parade of staffers highlighting the new flagship AI model’s range of impressive capabilities, was eerily reminiscent of an Apple iPhone event—slickly produced and tightly scripted. OpenAI’s speakers even used classic Apple phrases such as “We can’t wait for... Read more ›
31
For a long time, U.S.-based founders and investors looked at China’s tech work culture—nicknamed 9-9-6 because employees work from 9 a.m. to 9 p.m., six days a week—as a grueling anomaly. But lately I’ve been hearing about employees at hard-charging artificial intelligence startups working even longer hours.The most vivid example came this week, when we broke the news that coding generation startup Cognition was offering buyouts to some of the... Read more ›
0
Meta Platforms has acquired WaveForms AI, a small startup working on artificial intelligence capable of understanding emotion and mimicking it in audio form, The Information reported. The acquisition comes as Meta continues to overhaul its efforts in AI, after stumbles earlier this year. In ... Read more ›
0
Tesla is disbanding its Dojo supercomputer team as its leader leaves the company, Bloomberg reported Thursday. The team had been building supercomputers powered by in-house chips that help train its vehicles’ self-driving software. Tesla plans to rely more heavily on chips from companies ... Read more ›
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Crypto company Ripple said it agreed to buy stablecoin payments platform Rail for $200 million, following the U.S.’s passage of stablecoin legislation. Rail, founded in 2021 and backed by Galaxy Digital, allows companies and fintech firms to send money across borders using stablecoins for faster ... Read more ›
0
Pinterest reported 17% revenue growth to $998 million, above the upper end of the company’s guidance. Global monthly active users also expanded 11%. The company said Gen Z has grown to over half of its user base. The company nearly doubled free cash flow to $197 million. On an earnings ... Read more ›
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Most popular sources
Business Insider
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22% 7 |
MacRumors
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12% 9 |
Gizmodo
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9% 2 |
Tom's Hardware
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7% 0 |
CNET
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6% 4 |
| View sources » | |
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31.10.2025 14:05
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