Kalshi was sued by users for failing to pay $54 million to people who bet that Iranian Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, after he was killed during the U.S. and Israeli airstrikes last month. After Khamenei’s death, Kalshi said it couldn’t pay out any ... Read more ›
0
On Friday, Aaron and Kevin’s article about Salesforce calling out the ingrained limitations of large language models struck a major nerve, as have our other in-depth articles about Salesforce AI challenges this year.Business people saw the piece as further evidence that marketing of generative AI got ahead of what the technology could actually do. Software engineers largely responded to us (and on X) with some version of “duh, how is... Read more ›
0
The U.S. Department of Defense will add xAI’s Grok to its artificial intelligence service for military and civilian employees early next year, the department said, alongside models from other AI firms. The service, called genAI.mil, launched earlier this month with only Google’s Gemini model ... Read more ›
2
The enterprise software firm ServiceNow plans to acquire cybersecurity startup Armis for $7.75 billion, the companies said on Tuesday. The price is a step up in valuation for Armis, which had raised money last month at a $6.1 billion valuation. ServiceNow thinks the deal will help bolster its ... Read more ›
0
This year has been a big one for AI coding startup acquisitions. Who can forget the dramatic Google-Windsurf-Cognition saga from this summer? And this month alone, Anthropic acquired developer tool startup Bun and Cursor bought code review startup Graphite.Another coding deal is sneaking in before the end of the year. ClickUp, a $4 billion-valuation enterprise software startup, is acquiring AI coding startup Codegen, the companies told The Information exclusively. The... Read more ›
2
More than two-thirds of this year’s tech initial public offerings are trading below their listing prices, a poor reception that is casting doubt on the prospects for companies hoping to hit the market next year. The exceptions are the eagerly awaited deals from giants such as SpaceX and Anthropic. Among this year’s stumbles were venture-backed firms such as Klarna, StubHub and Navan, which had billions of dollars wiped off their... Read more ›
2
Brett Harrison, the former president of FTX US, has raised $35 million for his startup Architect Financial Technologies, which offers a global perpetual futures exchange. The round, led by Miami International and Tioga Capital, values the company at $187 million, according to a person familiar ... Read more ›
2
The crypto world has gotten some early Christmas presents. The Securities and Exchange Commission has dismissed some Biden-era lawsuits, and the industry has helped push through landmark stablecoin legislation. Crypto companies have also made strides on a lingering problem: access to the mainstream financial system. But that is still a bottleneck for the industry.First, the wins. This month, Circle and Ripple were among five crypto firms that won national trust... Read more ›
0
Alphabet said Monday that it agreed to buy clean energy developer Intersect Power for $4.75 billion in cash plus existing debt, as the Google parent looks for more ways to power AI. Alphabet already took a minority stake in Intersect last December when the data center operator announced a ... Read more ›
1
More than two years after Nvidia CEO Jensen Huang shared his vision to develop a cloud computing service that could rival Amazon Web Services, he has backed away from competing with such cloud providers and last week reorganized his company’s cloud team, according to several people with knowledge of the organizational change and an internal memo about it. The restructuring, shared with some employees in a memo last week, reassigned... Read more ›
3
Coinbase said it is buying The Clearing Company, a less than one-year old prediction market startup, bringing a team of specialized talent to the prediction business it launched last week. Terms of the deal were not disclosed. The Clearing Company, founded in March and based in San Francisco, ... Read more ›
0
Erebor, the new crypto-friendly bank backed by Anduril’s founder Palmer Luckey, has raised $350 million at a $4.35 billion valuation led by Lux Capital, Axios reported. Erebor, also backed by Peter Thiel’s Founders Fund, is set to join a small but growing number of banks, such as Lead Bank and ... Read more ›
2
Tech titans from Elon Musk to SoftBank’s Masayoshi Son have envisioned humanoid robots working next to people in factories, schools and homes. Realizing that future will require humanoid makers to assure their human customers that the robots won’t harm them. To help ease those concerns, robotics companies are working on a set of standards that would guide how humanoids can be safely put to work in industrial settings. That process,... Read more ›
4
You’re about to start hearing a lot about data center delays. In fact, executives and investors I’ve been speaking with expect this will be one of the defining themes of 2026, as delays separate world-class operators from the rest of the pack. But to understand what this will actually mean for the artificial intelligence buildout, it helps to be precise about the types of delays the industry is facing and... Read more ›
1
When OpenAI in October announced “apps in ChatGPT,” allowing people to use external apps like Zillow or Spotify in ChatGPT—essentially bringing the apps’ core functions into the chatbot—some developers wondered if this would be a blow to consumer apps that would further separate them from their customers. That’s a fear DoorDash, for instance, had expressed behind closed doors.But Kareem Amin, the CEO of Clay, which sells software for salespeople to... Read more ›
0
A few weeks ago, Microsoft CEO Satya Nadella sent an email to engineering leaders at the company who were working on a consumer version of Copilot, the AI-powered assistant inside several Microsoft products. A Microsoft manager on the email thread noted that Google’s Gemini chatbot had recently gotten better at connecting with Google Drive for tasks like summarizing the contents of photos stored in folders. Nadella, meanwhile, wasn’t pleased with... Read more ›
41
OpenAI’s compute margin, or its share of revenue after the cost of running AI models for paying users, has jumped to about 70% in October from about 52% at the end of last year and roughly 35% in January 2024, The Information reported Sunday. These gains compare favorably to rival ... Read more ›
0
We’re heading into the holidays, when a look back at 2025 seems natural (and a good way to make up for the relative lack of news!). Let’s start with Google’s amazing turnaround in 2025. Not only did it emerge mostly unscathed from the antitrust litigation regarding search, it made a giant leap forward in the AI market. Conspiracy theorists will see a significance in the fact that those two things... Read more ›
0
Over the past year, Andreessen Horowitz, Sequoia Capital and many of Silicon Valley’s other top venture capital firms have funneled at least $1.2 billion in funding to startups selling technology to city police departments and local public safety agencies. Those companies illustrate the ... Read more ›
23
As OpenAI discusses raising an unprecedented investment round of up to $100 billion, it can crow about some key improvements to how it runs its business. While its total computing costs are still high as a percentage of revenue, it is wringing more revenue out of every dollar it spends to run the servers that power ChatGPT’s subscription business and selling access to models to corporate customers. The company’s compute... Read more ›
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Waymo suspended its self-driving car service in San Francisco after a broad power outage in the city. “We are focused on keeping our riders safe and ensuring emergency personnel have the clear access they need to do their work,” said Waymo spokesperson Suzanne Philion in a statement. More than ... Read more ›
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15.03.2026 03:57
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