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
Tesla’s former chief financial officer Zach Kirkhorn has joined the board of Mytra, a robotics startup led by several other alumni of the electric carmaker, the company said Tuesday. Kirkhorn was Tesla’s CFO from 2019 until 2023. Mytra, which makes robots that move and store material in ... Read more ›
2
Earlier this year, we wrote about investors’ growing interest in startups building AI-powered voice agents for various industries, from hospitality to construction.If you want a sign of just how interested investors are, look no further than EliseAI, which is building AI for the property management and healthcare industries, including voice agents that can answer calls from residents and patients. The startup has raised a $200 million round at around a... Read more ›
14
No matter how annoyed publishers and advertisers get with Google, they just can’t seem to quit it. Some publishers complain that Google searches are directing less traffic to their sites lately. Some advertisers say Google search ads aren’t showing up next to the terms they paid for, but rather against other terms. And yet both groups say they’re continuing to spend more money on Google search ads. The reason? Publishers... Read more ›
12
The Taiwanese government has arrested three former employees of Taiwan Semiconductor Manufacturing Company for allegedly stealing proprietary technology, the prosecutors in Taiwan said on Tuesday. TSMC reported the case to prosecutors after discovering unusual activity related to employee files, ... Read more ›
0
Alibaba Group has launched a new version of its Amap navigation app in China that features an artificial intelligence agent, in the Chinese tech giant’s latest push to integrate its own AI models into all of its key businesses. The new version, Amap 2025, allows users to interact via voice with ... Read more ›
1
Reflection AI, a one-year-old startup co-founded by former Google DeepMind researchers, is in talks to raise more than $1 billion to fund its efforts to develop open-source large language models to compete with the likes of China’s DeepSeek, France’s Mistral and U.S-based Meta Platforms, according to two people with direct knowledge of the matter. The company has raised most of its target, according to one of those people. The New... Read more ›
0
Cognition, maker of artificial intelligence coding startup Devin, has offered nine months’ salary as severance to roughly 200 employees it acquired from rival Windsurf three weeks ago, according to an internal email seen by The Information. The employees have until Aug. 10 to stay on or accept ... Read more ›
0
Here’s a question: Which of Elon Musk’s companies is his most AI-focused business? The answer might seem obvious: xAI, developer of Grok. But it’s not that simple, as a letter from two Tesla directors to company shareholders on Monday demonstrates. The letter, explaining the board’s decision to grant Musk a new stock award valued at $23.7 billion to make up for the much bigger option nullified by the Delaware court,... Read more ›
48
Palantir said Monday that its revenue rose 48% in the three months ending in June to $1 billion, driven by large deals signed by big enterprises and government agencies buying the firm’s software and consulting services. The company reported $569 million in free cash flow, up 280% from a year ... Read more ›
0
Figure Technology Solutions, the blockchain startup co-founded by former SoFi CEO Mike Cagney, said Monday it has confidentially filed S-1 paperwork for an initial public offering. Founded in 2018, Figure makes home loans on its blockchain and runs a crypto exchange. The company is aiming to ... Read more ›
1
The big tech firms pouring tens of billions into capital expenditures for new data centers and servers for their cloud services are beginning to see revenues catch up. Growth in capex spending by Microsoft, Google and Amazon dramatically outpaced their cloud revenue expansion between 2023 and 2024, our analysis shows. But in the past year, that has changed. Microsoft’s capex in the past 12 months was 38% higher than the... Read more ›
0
Cognition, an artificial intelligence coding startup, has offered voluntary buyouts to the roughly 200 employees it acquired in a takeover of rival Windsurf three weeks ago, saying they will receive nine months of salary in return, according to an e-mail seen by The Information. The development comes after Cognition cut 30 staffers from the Windsurf team on Friday and shows how employees at AI startups can face wildly different outcomes... Read more ›
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Tom Ryan, the president and CEO of Paramount Global’s streaming division, is leaving the company, according to a report from Variety. His exit follows reports of other Paramount leaders, including co-CEOs Brian Robbins and Chris McCarthy, who are expected to leave the company after the closing ... Read more ›
0
Bullish, a Peter Thiel-backed crypto exchange and owner of news outlet CoinDesk, is seeking to raise as much as $629.3 million in its U.S. IPO. The Cayman Islands-based company is planning to offer 20.3 million shares at $28 to $31 per share, it said in an amended filing on Monday. It has ... Read more ›
0
Amazon is closing its Wondery podcast studio, nearly five years after buying it, Bloomberg reported, in a sign that Amazon is backtracking after a push into podcasting. Amazon bought Wondery in 2021, as part of an expansion into podcasting that followed a similar effort by Spotify. Amazon ... Read more ›
0
One reason why reinforcement learning—a technique for improving AI models—has become so popular is because researchers can quickly scale it up by using AI to automate writing lots of examples of questions and answers in tough domains like biology, software programming and medicine. RL works best when researchers can quickly verify whether an AI-generated answer is correct or not. But what about domains where the correctness of an answer is... Read more ›
7
Before the White House released its AI Action Plan in July, people involved with drafting the document weighed whether to include recommendations that could have impacted the contentious relationship between artificial intelligence companies and copyright holders. Publishers, authors, film and music companies have filed more than 40 lawsuits in the past few years, arguing that AI firms have infringed on their copyrights by using their data without permission to train... Read more ›
9
Tesla’s board said Monday that it had approved a stock award for CEO Elon Musk valued at $23.7 billion. Musk will be able to claim the award in two years, unless the company wins a court battle to reinstate a larger previous pay package from 2018 that a Delaware court has overturned, the board ... Read more ›
0
OpenAI is nearing the release of its next flagship model, GPT-5, but the path to its development reveals technical challenges and a slowing of the exponential progress that has defined the artificial intelligence industry, The Information reported. While GPT-5 is expected to deliver tangible ... Read more ›
1
Amazon and Meta Platforms both said in securities filings last week that they expect their U.S. taxes to drop as a result of President Trump’s tax act, which restores companies’ right to accelerate their deductions for depreciation on certain property and to immediately expense research and ... Read more ›
2
Most popular sources
Business Insider
|
23% 3 |
Wired
|
11% 4 |
Vox
|
9% 7 |
Tom's Hardware
|
9% 2 |
Gizmodo
|
6% 0 |
| View sources » | |
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31.10.2025 23:28
Last update: 23:06 EDT.
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