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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International Business Machines agreed to acquire data streaming firm Confluent for around $11 billion in cash. Confluent provides technology that helps companies manage real-time data streams used in AI models, making it a logical fit for IBM as it looks to boost its software, cloud and AI ... Read more ›
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A small but growing number of artificial intelligence developers at OpenAI, Google and other companies say they’re skeptical that today’s technical approaches to AI will achieve major breakthroughs in biology, medicine and other fields while also managing to avoid making silly mistakes. That was the buzz last week among numerous researchers at the Neural Information Processing Systems conference, a key meetup for people in the field. Some of them believe... Read more ›
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Chinese startup AgiBot said on Monday that the number of humanoids it has manufactured just reached 5,000, hitting a new milestone in its mass production. AgiBot’s announcement is the latest example of how Chinese companies are ramping up their production of humanoid robots. Last month, UBTech, ... Read more ›
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IBM is in advanced talks to acquire data analytics company Confluent for roughly $11 billion, The Wall Street Journal reported. Confluent, which currently has a market capitalization of around $8 billion, provides infrastructure for analyzing and processing real-time data used in artificial ... Read more ›
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A new securities filing shows that corporate communications strategist Lulu Cheng Meservey has raised $40 million for a venture capital fund. Cheng Meservey has worked with clients like Ramp and Safe Superintelligence at her advisory firm, Rostra. She previously was an executive at ... Read more ›
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Step aside, young folks of tech. This week we hear from the industry’s, ah, elder statesmen—specifically Larry Ellison at Oracle and Hock Tan from Broadcom, whose combined age is about 150. Oracle and Broadcom are each reporting their latest quarterly earnings this week, when the status of their newish AI businesses will be in the spotlight. In the case of Oracle, we’ll be looking for an update on its AI-related... Read more ›
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Instrumental in helping OpenAI’s ChatGPT retain its lead as the dominant artificial intelligence is a low-profile, 30-year-old product manager named Nick Turley, The Information reported on Saturday. Turley, a former Instacart and Dropbox product executive, envisions OpenAI’s flagship chatbot ... Read more ›
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X has cut off the advertising account of the European Commission days after the agency imposed a 120 million fine on the platform for breaching the Digital Services Act, a set of regulations governing internet companies. Nikita Bier, X’s head of product, wrote in a post on X on Sunday that the ... Read more ›
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U.S. tech mergers rebounded to their highest levels since 2021 this year, driven by big bets on AI and more tie-ups under a deal-friendly presidential administration. Total tech merger value reached $543 billion, more than the combined value of the past two years, according to data provider LSEG. Goldman Sachs and Qatalyst topped the charts for the year, both earning more than $400 million in fees. Read more ›
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The executive in charge of Apple’s hugely successful in-house chip design efforts is eyeing an exit from the company, Bloomberg reported. Johny Srouji, Apple’s senior vice president of hardware technologies, has told the company’s CEO, Tim Cook, that he is “seriously considering” departing Apple ... Read more ›
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Meta Platforms has postponed the launch of its next-generation mixed-reality glasses, code-named Phoenix, from the second half of 2026 to the first half of 2027, Business Insider reported. In internal memos shared with employees, Meta leaders said the delay will give its teams more time to ... Read more ›
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OpenAI CEO Sam Altman recently declared a “code red” to galvanize the AI startup’s staff to make bigger improvements to its flagship product, ChatGPT. The success of that push could hinge on Nick Turley, the little-known executive who runs the OpenAI chatbot. Turley, 30 years old, came to OpenAI three years ago after stints at Dropbox and Instacart, and since that time he has emerged as one of the AI... Read more ›
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Welcome, Weekenders! First, an exciting announcement: Amy Dockser Marcus, a Pulitzer Prize–winning former Wall Street Journal reporter, is joining The Information to cover health and science for Weekend. She begins next week. Amy has long chronicled those two fields, penning memorable pieces about fertility, DNA testing and how many of you badly want to live quite a long time. I can’t wait to share her stories here. Goodness only knows... Read more ›
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An earthquake shook the sporting universe this week: Serena Williams, the 23-time Grand Slam tennis champion, has taken the first step toward a potential comeback by reentering the sport’s anti-doping test pool. After news reports surfaced on Tuesday of her registration with the International Tennis Integrity Agency, Williams tried to quell speculation about a potential return to play for the first time since 2022. “Omg yall I’m NOT coming back,”... Read more ›
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Microsoft is in talks to design future custom chips with Broadcom, which would involve Microsoft switching its business from Marvell, another maker of custom chips, according to one person involved in the discussions. Those discussions come amid intense demand for such chips as companies like ... Read more ›
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Google cannot require partners like Apple or Samsung to distribute its generative AI products like Gemini as a condition of licensing Google’s other apps such as Google Maps, a federal judge ruled on Friday as part of the final remedies judgment governing how Google must address its illegal ... Read more ›
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Meta Platforms has agreed to buy Limitless, a startup developing wearable AI devices, Limitless announced Friday. The terms of the deal were not disclosed. Limitless develops a device called a Pendant that can be clipped to an article of clothing or worn on a necklace. The device records ... Read more ›
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Texas billionaire banker Andy Beal, a big donor to President Donald Trump, is shifting the focus of one of two banks he owns to crypto. The move would ease a bottleneck that has made it difficult for the crypto industry to access the financial system. Beal is renaming Beal Bank, one of the two federally chartered banks he owns, Monet Bank, according to a regulatory approval issued by the Texas... Read more ›
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Elon Musk’s SpaceX has told investors and financial institution representatives that it is aiming for an initial public offering in the second half of next year, according to two people familiar with the discussions. The talks come as SpaceX considers holding a sale of shares held by investors and employees that would value the company at $800 billion, double its valuation in a sale this summer, in what would make... Read more ›
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Japanese conglomerate SoftBank is in talks to acquire DigitalBridge, one of the largest publicly-traded investors in data center companies, Bloomberg reported. A deal could be signed as soon as the coming weeks, but the talks are ongoing and won’t necessarily result in an agreement, the outlet ... Read more ›
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15.03.2026 10:09
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