SpaceXâs Starlink satellite internet service experienced a global outage on Thursday afternoon, according to the company and reports from users and the world. Starlinkâs X account said the service is âcurrently in a network outage and we are actively implementing a solution.â The company did not ... Read more âș
9
Microsoft CEO Satya Nadella addressed recent layoffs of roughly 9,000 employees in an email to staff on Thursday, saying the cuts were necessary even though the company is âthriving.â âThis is the enigma of success in an industry that has no franchise value,â Nadella said, implying that the ... Read more âș
0
Venture capital firms are under pressure to make rapid-fire decisions about big checks in the frenzied world of artificial intelligence investing, straining partnerships that need a unified front. It helps sometimes to have just one decision-maker.That makes a case for Elad Gil, a prolific investor who made early investments in Perplexity, Harvey, Stripe and Airbnb. Gil is raising a fund of around $1.5 billion to back both young and mature... Read more âș
37
While artificial intelligence-powered coding is jet fuel for developer productivity, a string of incidents in recent months shows why customers should tread carefully in this version of the Wild West. In the latest worrisome development, a hacker recently found a way to upload malicious code to an Amazon Web Servicesâ AI coding assistant, Q Developer, that ordered the software to delete data from customersâ computers.AWS says it has fixed the... Read more âș
0
Crusoe, the startup behind the first data center for OpenAIâs $500 billion Stargate project, is seeking around $1 billion in new equity, The Information reported Wednesday. The firm is both a real estate developer that builds data centers for other companies and a cloud provider that rents out ... Read more âș
0
Lyten, a tiny California battery startup, turned heads by snapping up assets from one of the industryâs most high-profile failuresâbut Lyten is now struggling itself. Lyten this week laid off its chief battery strategist, just three weeks after it bought a battery factory from bankrupt Northvolt. It also let go 45 of its 300 employees, according to a person familiar with the matter. The company appears to have made the... Read more âș
0
President Donald Trumpâs 23-page AI Action Plan, released on Wednesday, wonât transform the AI industry overnight, but it offers a sense of who stands to gain or lose under the current administrationâs agenda. Big winners include those developing open-source models, such as Meta Platforms, while a requirement for plugging AI chip export loopholes could hurt Nvidia.For those who didnât pay attention, the plan is designed to guide the Executive Branchâs... Read more âș
14
Googleâs and Meta Platformsâ unconventional multibillion-dollar deals to obtain artificial intelligence talent have dominated headlines in recent weeks. But large technology companies including Meta, Amazon, Nvidia, Snowflake and cloud provider CoreWeave have gone beyond recruiting talent: Each has recently acquired at least one AI startup for their technology. A pool of startups hasnât raised capital in a while and could be primed for a takeover by large acquirers or other... Read more âș
5
ServiceNow shares rose more than 7% after its second-quarter earnings, in which the company surpassed its revenue forecast by around $80 million and said deals that include its AI tools are getting larger and closing more frequently. ServiceNow had just over $3.2 billion in revenue for its June ... Read more âș
0
Most CEOs reporting a 12% decline in quarterly revenues would adopt a sober attitude on their earnings call. Not Elon Musk, who opened Teslaâs analyst call on Wednesday with what sounded suspiciously like a penis joke, and then proceeded to make the rather, er, ambitious prediction that Teslaâs robotaxis would be available to half the U.S. population by the end of this yearââsubject to regulatory approvals,â a qualifier that renders... Read more âș
0
Alphabet kicked off earnings season for social media companies with good news from YouTube: the video juggernautâs advertising revenue rose 13% year over year in the second quarter, beating its growth rate in the first quarter and calming fears that President Trumpâs tariffs would be a headwind for social media revenues. Another positive sign: Alphabet CEO Sundar Pichai said that YouTube Shorts now earn as much revenue per watch hour... Read more âș
26
Walmart has hired Instacart chief product officer and head of its online grocery business Daniel Danker to work on AI-related initiatives and lead product management and design at the retail giant, CEO Doug McMillon said in a memo to employees Wednesday. At Instacart, Danker oversaw the companyâ ... Read more âș
0
Tesla reported a steep decline in profit and revenue for the second quarter as sales of the companyâs electric vehicles continued to fall. The Elon Musk-led automakerâs profit fell 16% to $1.2 billion in the period. Revenue fell 12% to $22.5 billion, according to Teslaâs second quarter report. ... Read more âș
0
Alphabet raised its estimate for 2025 capital expenditures to $85 billion, from its initial estimate of $75 billion, amid what CEO Sundar Pichai called âstrong and growing demand for our Cloud products and services.â Pichai revealed the higher capex estimate as the Google parent reported second ... Read more âș
2
As OpenAI tries to raise a record-breaking $40 billion in equity funding this year, itâs getting help from more of its existing investors. Peter Thielâs Founders Fund and Dragoneer Investment Group have committed to investing more than $1 billion each in the second, $30 billion installment of the round, according to a person who spoke to OpenAI executives. SV Angel, known for its investments in nascent startups, has committed to... Read more âș
33
Amazon Web Servicesâ cybersecurity practices are getting scrutiny after a hacker recently added malicious code to its AI coding assistant that ordered the software to delete data from customersâ computers, according to a report from 404 Media. The hacker, who reportedly carried out the attack to ... Read more âș
0
The White House released the administrationâs long-awaited âAI Action Planâ Wednesday, laying out a blueprint which, if followed, would give AI companies more room to expand with fewer restrictions. The document, which was developed by the Office of Science and Technology Policy and ... Read more âș
0
Slack is the glue that holds OpenAI together: Everyone at the 3,000-person company constantly uses the messaging app to discuss their work, former employees have said.So perhaps itâs no surprise that as OpenAI tried to turn ChatGPT into a core enterprise productivity app that connects to all the other apps people use for work, it wanted customersâand OpenAI employees!âto be able to access their Slack messages and files directly from... Read more âș
51
Sonosâ interim chief executive officer is dropping the interim from his title. In a post on X, Conrad said that Sonosâ board of directors had invited him to become the permanent CEO of the maker of internet-connected speakers. Conrad, a longtime Sonos board member, stepped into the interim role ... Read more âș
0
Crusoe, the startup developing a giant data center for OpenAIâs $500 billion Stargate effort, is raising around $1 billion in a bid to join the race to provide computing power for artificial intelligence. The company burst into AI by promising quick access to electricity for power-hungry data centers. Its new effort will leverage that position to build its own data centers and manufacturing equipment and to rent out AI chips.... Read more âș
0
Most popular sources
Business Insider
|
37% 5 |
Gizmodo
|
10% 7 |
Tom's Hardware
|
6% 13 |
Vox
|
6% 0 |
The Verge
|
4% 1 |
| View sources » | |
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03.11.2025 23:40
Last update: 23:25 EDT.
News rating updated: 06:30.
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