Welcome, Weekenders! In this newsletter:• Shopping: Introducing the Summer Fun List—gear, gadgets and toys that all come highly recommended• AI: Where is China ahead of America? In cracking down on AI romances • Plus, Recommendations—our weekly pop culture picks: “The Last Twelve Weeks,” “The Nord Stream Conspiracy”and “The Dark Wizard”Just after 3 in the afternoon last Wednesday, I walked into Corgi Cafe, a coffee shop in San Francisco’s Financial District... Read more ›
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Meta Platforms plans to hire Dave Brown, a senior executive at Amazon Web Services, The Wall Street Journal reported, citing people familiar with the matter. AWS CEO Matt Garman told employees on Wednesday that Brown is leaving the company for a “new role outside the company,” The Information ... Read more ›
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Valar Atomics, a three-year-old startup that makes small nuclear reactors intended to power data centers and other industrial facilities, is in talks to raise $1 billion at around a $5 billion valuation before the investment, according to a person with knowledge of the deal. Sequoia Capital, which hasn’t previously disclosed an investment in Valar, has been in talks to lead the fundraising, which could be a mix of debt and... Read more ›
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Busy day. Uber unveiled its biggest-ever acquisition, the roughly $14 billion purchase of Delivery Hero, a German-based food-delivery giant with operations around the world. Netflix reported slower growth for the second quarter, as it had telegraphed, sending the stock down 8% to a two-year low. And SpaceX stock closed below its $135 a share IPO price for the first time, finishing the day at $131.11. Eek!We can get to Uber... Read more ›
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We just published our list of more than 160 enterprise software startups that could be acquired this year. To compile it, we screened hundreds of privately held companies and singled out those worth more than $1 billion that haven't raised a publicly announced financing since June 2024. To understand the M&A forces across enterprise software, I spoke with more than 30 founders, investors, and bankers. The list has nearly doubled... Read more ›
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Microsoft is preparing to release Project Perception, a new AI security product to capture a piece of companies’ rising cyber defense spending. Set to debut as soon as this month, the product will use a combination of AI models from Anthropic, OpenAI, and Microsoft itself to sniff out software ... Read more ›
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Humanoid raised $150 million in the first tranche of a Series A funding round that values the London-based robotics company at $1.2 billion, excluding the new funds, according to someone with knowledge of the funding. The tranche closed earlier this week and the company is aiming to raise ... Read more ›
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Netflix’s quarterly revenue growth slowed several points to 13.4%, fractionally below what it had projected, and the video streaming giant projected a further slowing to 11.7% growth in the third quarter. Shares of the company fell 8% in after-hours trading, to $68.40, its lowest point in two ... Read more ›
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Earlier this week, I wrote about startups moving some of their workloads from Amazon Web Services and other traditional cloud providers to young challengers such as Nebius. That’s in part because startups are having trouble getting the Nvidia chips they need on AWS, sometimes because those chips are only available in too expensive packages.Capacity can be so scarce that an Nvidia representative told one small AI startup it should rent... Read more ›
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As a father to two young kids, Guanlan Dai sees a lot of similarities between AI agents and precocious children. Just as parents might childproof their house and avoid giving their kids access to credit cards, so too must developers limit the important files AI agents can access and how much the agents can spend in one go, he said.Now, Dai, a former Cloudflare technical lead and founding engineer at... Read more ›
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It feels like there’s almost never enough time to get everything done in the run-up to a big event. If your company’s annual conference is coming up, that means you have a golden opportunity to connect with some of your most important prospects face-to-face. But it likely also means that you need to finish up a booth design, rehearse a keynote speech, or troubleshoot a lapel mic emergency. Gemini can... Read more ›
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Many enterprise software startups that raised money at steep valuations between 2020 and 2022 face diminishing options. Venture capitalists who previously sank funds into these startups have shifted much of their money toward AI. Stocks in public enterprise software companies have fallen sharply. When the startups’ backers push for cash returns, the most likely exit is sale. To find the companies facing the most pressure to sell themselves, The Information... Read more ›
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Uber has agreed to buy all of German food-delivery firm Delivery Hero in a deal that values the company at $14.8 billion. But Uber won’t have to pay all of that as it already owns about 25%, including a big stake bought in May. The acquisition sharply expands Uber’s food-delivery presence ... Read more ›
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Nvidia is working with a recently established Japanese tech consortium to help the country build new computing facilities with its most advanced Rubin chips to develop homegrown AI models. Noetra, a consortium backed by the Japanese government as well as Sony Group, SoftBank, NEC and Honda ... Read more ›
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Thinking Machines Lab, co-founded last year by former OpenAI CTO Mira Murati, announced its first AI model called Inkling, while giving a nod to Chinese open-source models. Thinking Machines said in a blog post that Inkling’s architecture design “largely follows” DeepSeek’s V3 model, which was ... Read more ›
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Taiwan Semiconductor Manufacturing Company said on Thursday it will invest an additional $100 billion in the U.S., deepening its pledge to manufacture the world’s most advanced chips in Arizona as demand for AI infrastructure surges. The expansion will add at least four chip plants and ... Read more ›
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Are the Collison brothers looking to spice up their life? According to Reuters and other news outlets, the Collisons’ payments firm, Stripe, has teamed up with private equity firm Advent to make a $53 billion acquisition offer for PayPal. While the aging payments firm has lost the plot in recent years, this is not exactly a generous offer. Though it’s pitched well above PayPal’s recent rock-bottom price, it’s below where... Read more ›
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Nvidia on Wednesday released a new small, open-source model for “physical” AI that operates in the real world, including for robots. The model, Cosmos 3 Edge, is just 4 billion parameters and can run on a customer’s own computer rather than in a data center. It can act as both a so-called vision ... Read more ›
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Anthropic is in talks with banks to arrange credit lines worth a few billions of dollars in a move that would increase its access to cash ahead of a planned initial public offering this year, according to people familiar with the matter. The new loans would build on the $2.5 billion, five-year revolving credit facility Anthropic received last year from banks. Companies often expand that type of capacity ahead of... Read more ›
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Nvidia on Wednesday released a new small, open-source model for “physical” AI that operates in the real world, including for robots. The model, Cosmos 3 Edge, is just 4 billion parameters and can run on a customer’s own computer rather than in a data center. It can act as both a so-called vision ... Read more ›
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Amazon Web Services has stopped selling two versions of Outposts, a server and storage product for customers to use in their private data centers, according to a person with direct knowledge of the matter. AWS first launched Outposts in 2019 in a bid to attract customers in regulated industries, ... Read more ›
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27.07.2026 05:32
Last update: 05:25 EDT.
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