Crypto’s market crash has prompted much soul-searching within the industry, I learned at this week’s annual crypto Consensus conference in Hong Kong. The answer: To stay relevant, the industry must tie its fate with the AI boom. I find the crypto industry’s hopes for an AI rescue somewhat ironic, given that AI has siphoned capital and talent away from crypto in the last two years. Nevertheless, “AI agent” was the... Read more ›
0
If you follow the AI world on X, you’ve probably seen in recent weeks clips of video game-like worlds where users are playing as a dog on a sunny beach, a vial of poison in the play Hamlet or a pack of cigarettes on the floor of Penn Station. These videos, generated with Google’s Genie 3 model, highlight the promise of so-called world models, which simulate real-world environments and aim... Read more ›
0
Even as Anthropic and OpenAI unnerve stock market investors with business-focused AI products that could undermine existing enterprise software firms, the software incumbents are trying to catch up. Companies ranging from Microsoft to ServiceNow and Snowflake have come out with products designed to help customers develop AI agents, sometimes called digital co-workers, that can use a variety of enterprise apps just as humans do. But that’s not all. As the... Read more ›
28
Anthropic has donated $20 million to Public First Action, a political advocacy non-profit organization, the company plans to announce Thursday. The organization will spend its money on political candidates of both parties who support transparency requirements for AI companies, a federal AI ... Read more ›
5
Alibaba Group said its Qwen chatbot app’s AI e-commerce service has generated more than 120 million orders from Chinese consumers over the past six days, since the company last week started giving away free shopping vouchers to the app’s users. Alibaba, ByteDance and Tencent Holdings have all ... Read more ›
1
Grab, Southeast Asia’s largest ride-hailing and food delivery company, reported full-year profits for the first time, a little more than four years after it went public via merging with a blank-check company. “It’s not just a one-time thing,” said Grab Chief Financial Officer Peter Oey, in an ... Read more ›
2
Meta Platforms’ auditor issued a cautionary note in the tech giant’s latest annual report, flagging the company’s accounting treatment of its $27 billion data center project as a “critical audit matter.” Ernst & Young did not indicate it disagreed with Meta’s approach, but the designation ... Read more ›
1
Talk about unforgiving! The great enterprise stock sell-off of 2026 recommenced on Wednesday, and it dragged down a couple of companies—Unity Software and Shopify—after they each reported decent December-quarter earnings. Shares of Shopify, most egregiously, fell as much as 12% after the e-commerce software platform said its first-quarter revenue would grow “at a low-30s percentage rate on a year-over-year basis,” in line with its fourth-quarter growth rate. Even for Wall... Read more ›
0
Anthropic said Wednesday it will take steps to ensure its data centers don’t raise electricity prices for consumers, joining a list of tech companies that includes OpenAI and Microsoft that are trying to defuse backlash over AI’s strain on power grids. Anthropic said it would address what it ... Read more ›
1
Adam Mosseri, the head of Instagram, testified in a landmark trial on Wednesday that social media was not “clinically addictive,” The New York Times reported. Mosseri added that people could be addicted to social media similarly to being addicted to a television show, but that that was different ... Read more ›
1
X recently hit $1 billion in annualized recurring revenue from selling subscriptions, head of product Nikita Bier said in an xAI all-hands meeting on Tuesday. The subscriptions X sells include Basic, Premium and Premium+ plans that range from $3 to $40 per month. The social media site, formerly ... Read more ›
15
Target said this week that it will be one of the first advertisers working with OpenAI as it launches ads in ChatGPT. Target also said that brands that advertise through its Roundel retail media business will be able to participate in the ads pilot. OpenAI launched ads for some U.S. ChatGPT ... Read more ›
1
EssilorLuxottica and Meta Platforms sold more than 7 million smart glasses in 2025, Essilor reported on Wednesday, a huge improvement on 2024. Essilor had reported a year ago that only 2 million smart glasses had been sold since the product was launched in 2023. EssilorLuxottica’s disclosure was ... Read more ›
45
Hedge fund manager Bill Ackman’s Pershing Square Capital Management last year bought stakes in Meta Platforms and Amazon, adding to a portfolio already heavy with big tech stocks Alphabet and Uber. Ackman jumped into both stocks as they were underperforming. Amazon rose 5.2% last year, while ... Read more ›
1
Elon Musk has overhauled xAI’s leadership structure following its merger with SpaceX and as he pressures the AI firm to accelerate progress on Grok AI models, The Information’s latest org chart for the combined company shows. The changes coincide with an exodus of senior leaders. The xAI reorg has elevated a handful of technical leaders who now report directly to Musk, including co-founder Guodong Zhang, who leads teams working on... Read more ›
36
Will AI make investment bankers and traders irrelevant? That's one of the most talked-about questions in finance these days.In reality, banks are already feeling the impact of AI on their behind-the-scenes plumbing, where payments, cash management, treasury and foreign exchange operations are embracing AI models to cut costs in these notoriously low-margin businesses.Several big banks, including Citigroup, Barclays and Standard Chartered, have tapped data and analysis from Chinese fintech giant... Read more ›
3
Shopify said Wednesday it expects to continue its momentum from the holiday shopping season into the first quarter, projecting a revenue growth rate in the low thirties. The e-commerce software maker’s revenue rose 31% to $3.7 billion in the fourth quarter of 2025, helped in part by Shopify ... Read more ›
0
Here at The Information, we’re always trying to break through the hype to understand how folks are actually using AI in the real world. And recently, I came across a new application of AI that I can’t say I had ever heard of before: using ChatGPT to catch so-called leakers.When a news story about OpenAI’s internal activities is published, security personnel at the company feed the article into a special... Read more ›
0
Software stocks have started to recover after last week’s disastrous sell-off, but hardly enough to reverse a rout that has plagued the sector since fears that AI would render its products irrelevant took root. Several big-name software stocks, including ServiceNow, Adobe and Workday, are now trading at their lowest valuations in a decade. That presents buying opportunities for investors willing to make a bet on which software companies will survive... Read more ›
3
Jimmy Ba, a cofounder of Elon Musk’s xAI and a prominent AI scientist, said late Tuesday that he just left the company. Ba’s exit comes the day after another xAI cofounder, Tony Wu, announced his resignation. “It’s time to recalibrate my gradient on the big picture,” Ba said in a post on X. “ ... Read more ›
0
Most popular sources
ScienceDaily
|
0% |
Ars Technica
|
0% |
The Information
|
0% |
MacRumors
|
0% |
Skift
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
03.05.2026 09:03
Last update: 08:55 EDT.
News rating updated: 15:51.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.