OpenAI said Monday itâs beginning to show ads in ChatGPT for some U.S. users. The ads, which OpenAI says are a test, will be shown to logged-in users with free subscriptions, as well as subscribers to OpenAIâs new Go tier, which costs $8 per month. Free users can opt out of seeing ads in ... Read more âș
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Databricks said it had raised $7 billion of fresh capital after hitting a $5.4 billion annual revenue pace in the fourth quarter. The fundraising effort, which started in November and was split between $5 billion of equity and $2 billion of debt capacity, shows the company has been able to ... Read more âș
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Beast Industries, the entertainment conglomerate founded by Jimmy âMrBeastâ Donaldson, has agreed to buy Step Mobile, a teen-focused banking app, the companies plan to announce Monday. The acquisition will expand the YouTube starâs reach beyond media, restaurants and packaged food into financial services. Founded in 2018, Step Mobile runs an app that offers a federally insured bank account without fees and a secured Visa card that helps individuals establish credit... Read more âș
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Anthropicâs leaders have been loud about how its AI will reshape businesses but much less boisterous about how it plans to power that usage. Now the companyâs data center ambitions are coming into focus. Anthropic is quietly assembling a veteran team, including two former Google executives, and has discussed securing at least 10 gigawatts of capacity over the next several years, according to two people who have spoken with the... Read more âș
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Uber is expanding its presence in Turkey by buying Getirâs food delivery operations in that country for $335 million in cash. Uber is also paying $100 million to buy 15% of Getirâs grocery and water delivery businesses, with purchase of the rest âsubject to certain operating and financial ... Read more âș
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For years, investors and founders have told me that AI which talks and listens the way humans do is on the cusp of a breakout moment. Weâre still not there.Audio models are still lagging behind their text-based brethren in terms of intelligence. If you ask an audio model like the ChatGPT voice assistant a tough math question, for instance, itâs much more likely to get it wrong than a text-based... Read more âș
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Apollo Global Management, one of Wall Streetâs biggest private credit firms, is nearing a deal to lend about $3.4 billion to an investment vehicle that will purchase Nvidia chips and lease them to Elon Muskâs xAI, which just merged with SpaceX, said a person with knowledge of the deal. The deal would be Apolloâs second big investment in a vehicle to lease chips to xAI, following a similar $3.5 billion... Read more âș
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Elon Musk said on Sunday that SpaceX has shifted its focus to building a âself-growing cityâ on the Moon, which could be achieved in less than 10 years. In comparison, building a city on Mars would take more than 20 years, he said in a post on X. âSpaceX will also strive to build a Mars city and ... Read more âș
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ByteDanceâs new AI video generation model Seedance 2.0, unveiled over the weekend, is generating a lot of buzz on social media, with some calling it a game changer. The new model is the latest indication of how Chinese companies are playing central roles in the advancements of AI video ... Read more âș
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After the crush of tech news last week, including a big AI-fueled stock sell-off, things might calm down a bit in the next few days. With any luck, weâll have time to debate which of the tech companiesâ Super Bowl ads running Sunday night were the best and which were the worst. My vote for best is the Amazon Alexa spot, by the way, although the Anthropic ones were also... Read more âș
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Bithumb, the second largest crypto exchange in South Korea, said it mistakenly gave away 620,000 bitcoin, worth about $44 billion, to users, and has recovered 99.7% of the money. Bithumb was planning to distribute cash rewards to users in Korean won during a promotional event on Friday, but ... Read more âș
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Big techâs dramatic ramp-up in projected capital expenditures this year will all but wipe out free cash flow for Amazon, Google and Meta Platforms. That will force some of those companies to make some difficult choices, such as whether to end stock buybacks or borrow more money. The good news is that the big tech companies have the capacity to each borrow hundreds of billions more money than they currently... Read more âș
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Days after OpenAI released a new AI product for enterprise customers, Microsoft commercial CEO Judson Althoff told staff that Microsoft is uniquely positioned to compete with the product, The Information reported Friday. In a memo to staff, Althoff responded to OpenAIâs release of Frontier, a ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Parties, PR and Epsteinâinside investor Masha Bucherâs charmed ascendanceâą Artificial Intelligence: OpenClaw, agents and a mania within a mania ⹠Power and Influence: How the architect behind Californiaâs billionaires tax became techâs villainâą Plus, Recommendationsâour weekly pop culture picks: âTwo Guys, Five Ringsâ and âThe Rest Is History: Modern Olympics,â âExilesâ and âRental FamilyâThe Justice Departmentâs recent release of 3.5 million documents Read more âș
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Until recently, agentic AI, where AIs can take virtual actions and control computers, seemed like an esoteric technology that wasnât close to going mainstreamâat least for use at home on tasks like checking into flights, responding to emails and controlling smart devices. Then OpenClaw, an open-source personal AI assistant, went viral a week ago, showing how technically savvy people could construct powerful AI agents relatively quickly and cheaply. All of... Read more âș
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January 30 was an eventful day for Masha Bucher. That evening she held a blowout 8th birthday party for her venture capital firm, Day One Ventures, at the Asian Art Museum in San Francisco. The dress code: elegant. On the invites, Bucher promised the festivities would include a new performance art piece that would weave together âchoreography, costume and symbolic gesture.â To give attendees a sense of the vibe, she... Read more âș
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Microsoftâs top sales executive told staff on Friday that the company was uniquely positioned to compete against a new OpenAI product aimed at helping businesses automate office tasks across different software applicationsâincluding Microsoftâs own apps. In an email, Microsoft Chief Commercial Officer Judson Althoff provided talking points salespeople could use in selling Microsoftâs tools for managing so-called AI agents, including highlighting their potential advantages over OpenAIâs new product, known a Read more âș
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The Trump administration has granted full approval to a bank charter application for Erebor Bank, a startup-focused lender founded last year by Anduril co-founder Palmer Luckey and Palantir co-founder Joe Lonsdale. The Office of the Comptroller of the Currency, which granted the national bank ... Read more âș
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Around the time he filed the billionaire tax proposal that has shaken up the tech world and ignited a debate about wealth taxes nationwide, Dave Regan, president of the California-based union behind the effort, convened a group of fellow labor leaders to solicit their thoughts. In a videoconference, he told the group he had a 30-day period to finalize the measure, which would assess a one-time, 5% tax on the... Read more âș
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The European Commission said on Friday that it had preliminarily found TikTok to be in breach of the Digital Markets Act for its âaddictive design,â including features like infinite scroll, autoplay and push notifications. TikTok needs to âchange the basic design of its service,â such as by ... Read more âș
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03.05.2026 10:27
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