For tech CEOs, having an investment banker playing the role of president has its advantages. President Donald Trump is displaying a willingness to consider all sorts of deals that might be verboten on national security grounds—as long as the government is getting paid. Not only is he allowing Nvidia to sell its China-specific H20 artificial intelligence chips to the country in exchange for a 15% cut of the resulting revenue,... Read more ›
1
Ticketing platform StubHub is giving an initial public offering another go, and will have to explain lumpy business results to prospective investors. The company publicly filed first-quarter financial information Monday, revealing that revenue growth had slowed to 10% in the first quarter to ... Read more ›
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Bullish, a Peter Thiel-backed crypto exchange and owner of news outlet CoinDesk, is seeking to raise as much as $990 million in its U.S. IPO, up from its target of $629 million last week. The Cayman Islands-based company is planning to offer 30 million shares at $32 to $33 per share, it said in ... Read more ›
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President Donald Trump said Monday that he would consider a deal with Nvidia to allow the chip company to sell a version of its advanced AI “Blackwell” chips to China. “It’s possible I’d make a deal” on a “somewhat enhanced — in a negative way — Blackwell,” he said at a press briefing with ... Read more ›
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A small Nasdaq-listed company said Monday it’s raising $1.5 billion through stock offerings to buy tokens of World Liberty Financial, the crypto project co-founded by Donald Trump’s sons last year. Alt5 Sigma, which has a biotech and blockchain business, is selling $1.5 billion in shares. World ... Read more ›
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The CEO of Microsoft’s GitHub subsidiary, Thomas Dohmke, will step down, he announced on Monday. Dohmke said in a blog post announcing his resignation that he plans to found a new startup after stepping down from the role at the end of 2025. The move comes several months after Microsoft ... Read more ›
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There’s no doubt: OpenAI’s GPT-5 is a good model.I’ve been talking to developers, who’ve had a chance to to use the AI now. As we predicted, the flagship AI improved in domains like coding—where it got better at both practical coding tasks and designing websites and apps—and creative writing. Developers told me that the new model is also better at ingesting and analyzing longer prompts, which makes it more useful... Read more ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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Most popular sources
Tom's Hardware
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27% 20 |
Business Insider
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18% 33 |
Vox
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8% 7 |
Slashdot
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7% 5 |
Android Authority
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5% 2 |
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03.11.2025 06:22
Last update: 06:15 EDT.
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