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 ›
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Before we get to today’s column, we have to mention Disney and OpenAI’s big partnership announcement this morning. As part of a new three-year licensing agreement, OpenAI’s video app Sora and ChatGPT will be able to generate image and video content that includes characters such as Luke Skywalker, Darth Vader, Mickey Mouse and Iron Man from Disney’s extensive film and TV library. Disney+ users will be able to watch selections... Read more ›
0
Walt Disney Co. is investing $1 billion into OpenAI as part of a deal in which Disney is allowing more than 200 characters from its program library to be used in OpenAI’s Sora video-generating app. Among the characters that people will be able to use in Sora videos are Mickey Mouse, Cinderella, ... Read more ›
0
Throughout the past couple of years, as AI fever swept China’s technology sector, one giant—Tencent—seemed to mostly be sitting on the sidelines. The company, which owns the hugely popular WeChat app, didn’t seem enthusiastic to win a fierce race in the country to develop cutting-edge AI models, competing with the likes of DeepSeek, Alibaba and ByteDance. Now Tencent looks like it may finally be ready to fight the AI battle... Read more ›
5
The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The software and cloud firm, which until recently was a solid moneymaker, said Wednesday it burned through $10 billion in cash in the November quarter thanks to a big ramp-up in capital expenditures on AI-focused data centers for its cloud business. Even more troubling for Wall Street: Oracle executives revealed on a conference call with... Read more ›
1
President Donald Trump said Wednesday that he thought the sale of Warner Bros. Discovery should include CNN, potentially complicating things for Netflix, which has reached a deal to buy WBD’s studio and streaming operations but not its cable channels such as CNN. Trump’s preference for a sale of ... Read more ›
2
Andreessen Horowitz is opening its first office in Asia, located in Seoul, as it expands its crypto arm in the region. A16z crypto said it has hired Sungmo Park, formerly with Monad Foundation and Polygon Labs, as its first staffer based in Asia, leading its Seoul office. Park will be the head ... Read more ›
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Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said that in addition to tapping public and private debt markets, Oracle may let customers bring their ... Read more ›
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Oracle shares fell more than 11% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter due to spending on data centers for artificial intelligence customers such as OpenAI. The cash burn, unprecedented in Oracle’s ... Read more ›
0
Pinterest has saved 90% of the cost of using brand-name AI by relying on open source models, according to Pinterest CEO Bill Ready. Speaking in an interview on The Information’s TITV, Ready said open source AI models were competitive with closed-source models developed by big tech ... Read more ›
0
MGX, a United Arab Emirates–backed fund, is only a year old but has already become one of the biggest data center financiers in the world, leading the largest data center sale negotiated so far and quietly scooping up a stake in another provider with ties to OpenAI. MGX will be the biggest shareholder in Aligned Data Centers, one of the largest data center operators in the U.S., following its $40... Read more ›
23
Google has struck pilot partnerships with some news publishers allowing the tech giant to get expanded access to the publishers’ content for testing of new experimental AI features, Google announced on Wednesday. The deals, with news publishers across the world including The Washington Post, Der ... Read more ›
0
It’s Elon Musk. It’s space. It’s Elon Musk trying to put data centers in space and go to Mars. If Musk’s SpaceX does indeed list its shares in a blockbuster initial public offering next year, expect retail traders to hit the “buy” button furiously in their Robinhood app. Institutional investors, and later index funds, will face pressure to buy, too, to get stakes in another potential trillion-dollar company. Soon-to-decline interest... Read more ›
0
AI firms are getting more interested in AI that continues to learn even after it’s been trained, otherwise known as continual learning, as we discussed in this recap from last week's NeurIPS conference. As an example, some small companies have used special techniques like finetuning and reinforcement learning to teach cheaper open-source models how to do niche tasks like categorizing customer support requests or filling out expense reports very well.... Read more ›
2
DeepSeek, the Chinese AI startup, has been developing its next major model using several thousand Nvidia’s state-of-the-art Blackwell chips which the U.S. has forbidden from being exported to China, according to six people with knowledge of the matter. The chips DeepSeek is using were smuggled into China, the people said, through a convoluted scheme that involves sending them to data centers in countries that are allowed to buy them, and... Read more ›
0
China on Wednesday gathered its biggest tech giants to discuss whether to allow them to buy Nvidia’s advanced H200 chips, The Information reported. The meetings came after President Donald Trump’s recent decision to allow the export of the H200 to China suddenly complicated Beijing’s goal to ... Read more ›
0
China on Wednesday gathered its biggest tech giants to discuss whether to allow them to buy Nvidia’s advanced H200 chips, as President Donald Trump’s recent decision to allow the export of the powerful hardware to the country suddenly complicated Beijing’s goal to become technologically self-sufficient. Officials convened a series of emergency meetings with representatives from companies including Alibaba Group, ByteDance and Tencent Holdings, and asked them to assess their demand... Read more ›
28
Nvidia has developed a new software feature with a location verification technology that could indicate which country its chips are operating in, Reuters reported. The feature, which hasn’t been released yet, could make it possible for Nvidia to crack down on the smuggling of its artificial ... Read more ›
50
Amazon said Wednesday that it plans to invest more than $35 billion in India by 2030, as the tech giant looks to further expand its e-commerce and cloud computing businesses in one of its largest markets outside the U.S. Amazon’s new investment plan underscores India’s importance to global tech ... Read more ›
0
It sometimes feels there’s an element of the supernatural in the Trump administration’s dealings with the business world. Stuff gets announced and then disappears into the ether, never to be heard of again. Take President Donald Trump’s announcement in August that he’d let Nvidia sell its H20 AI chips to China, in exchange for a 15% cut of the resulting revenue. All we’ve heard of that deal since then is... Read more ›
0
OpenAI said Tuesday it had hired former Slack CEO Denise Dresser as the company’s new chief revenue officer. Dresser will focus on OpenAI’s revenue strategy, which includes increasing revenue from business customers around the world. Dresser will report to OpenAI chief operating officer Brad ... Read more ›
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15.03.2026 09:57
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