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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Moore Threads, a Chinese chip designer blacklisted by the U.S., drew frenzied demand from retail investors last week in its initial public offering on the Shanghai Stock Exchange. Its share offering was more than 4,000 times oversubscribed, according to an exchange filing. Moore Threads, which ... Read more ›
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Amazon Web Services and Google Cloud launched Monday a new jointly developed service that enables their customers to instantly establish high-speed connectivity between the two cloud platforms. Such a service would, for example, make it easier for customers using both cloud providers to move ... Read more ›
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Apple plans to use Intel to manufacture low-end chips for its laptops and iPads, according to Ming-Chi Kuo, a prominent Apple supply chain analyst. Although Apple has no plans to return to using Intel’s processor designs, tapping Intel’s chip foundries could help Apple politically, given that ... Read more ›
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Hopefully, everyone has digested their Thanksgiving leftovers. It’s going to be a busy week, tech event-wise. The biggest of them all is re:Invent, Amazon Web Services’ annual customer conference in Las Vegas that has become something like the Super Bowl of cloud computing. On Tuesday, AWS CEO Matt Garman is scheduled to take the stage for a keynote speech where he will almost certainly dwell on what the cloud giant... Read more ›
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Databricks CEO Ali Ghodsi has been more vocal than other Silicon Valley executives about the dangers of an AI bubble. His company’s new $5 billion round of fundraising, at a higher valuation than ever, epitomizes the risks and rewards of the boom: While sales are growing faster than forecast, AI development costs are squeezing gross profit margins. Privately held Databricks began asking investors for cash two weeks ago in a... Read more ›
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Three years after the U.S.’s sweeping export restrictions that cut off Chinese access to AI chips, China has managed to turn the situation around. For the next five years, it will have more AI chips than its companies need. The excessive supply is a combination of local chipmakers catching up and tech companies stockpiling Nvidia chips via both the open and black market, according to estimates from investment bank Jefferies. Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Secretive startup Klay enters the fray over AI music• Lists: Our 2025 gift guide—38 items we absolutely recommend • Robotics: Meet Matic, the most wonderful little robot in the world• Plus, our Recommendations: “Adrift,” “Venetian Vespers” and “One Battle After Another” Since the invention of cryptocurrency, the digital coins have always been about more than their basic monetary value. That’s because for... Read more ›
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U.S. shoppers are expected to spend between $11.7 billion and $11.9 billion on Black Friday purchases, according to Adobe Analytics, which tracks traffic and sales for U.S. retail websites. That figure is expected to be the highest yet for Black Friday spending and a more than 9% increase from a ... Read more ›
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DeepSeek released an AI model that the company said could solve five out of six problems on this year’s International Math Olympiad, a performance that would have earned a human competitor a gold medal, the highest award in the competition. In July, OpenAI and Google announced that their models ... Read more ›
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Indian conglomerate Adani Group will invest as much as $5 billion in a Google data center hub in Southern India, Bloomberg reported, citing a press briefing with Adani chief financial officer Jugeshinder Singh. Adani and Google said last month they were building the data center campus ... Read more ›
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A co-founder of a crypto company that struck a partnership with the Trump family’s blockchain group World Liberty Financial has threatened to file a whistleblower complaint over suspected irregularities in the public reporting of the crypto company, Alt5 Sigma, according to court filings. ... Read more ›
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Here at The Information, we approach the holidays with the same mindset that guides our reporting on the world’s most powerful people and largest companies throughout the rest of the year. This is all to say: We focus on dispensing nothing but the no-holds-barred truth. So each year, our annual gift guide features only items we know and love—things we’ve either already given as gifts or can genuinely see ourselves... Read more ›
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Until recently, Mehul Nariyawala had a surefire way to kill a conversation at a Silicon Valley cocktail hour. All he had to do was tell someone what product his startup, Matic, hoped to sell: a robot that’s part vacuum, part mop. “What they would almost always then ask is, ‘That’s not the only product you’re doing: There’s more going on, right?’” Nariyawala said. No—just a better Roomba, he’d reply. “It’s... Read more ›
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Black Friday, one of the biggest shopping days of the year, should be a big business event for AI-powered shopping search startup Dupe. People looking for a bargain can use Dupe to search for items across lots of shopping sites—including Amazon—either by typing in phrases to describe what they want or uploading a photo. Dupe says tens of millions of sales have resulted from searches on its website and app.... Read more ›
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Intel CEO Lip-Bu Tan said Wednesday in an internal memo to staff that he fully supports the executive who’s been sued by Taiwan Semiconductor Manufacturing Co. over alleged breach of trade secrets, and that there’s no merit to the allegations. The U.S. company only began hiring discussions with ... Read more ›
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ServiceNow, an IT and HR software provider, is in advanced talks to buy five-year-old security startup Veza for more than $1 billion, according to people with knowledge of the deal. Veza’s subscription software helps businesses see which of their employees, as well as AI agents that automate software tasks, have access to certain customer or corporate data and what they’re able to do with the data. ServiceNow has been bolstering... Read more ›
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Robinhood shares jumped 11% Wednesday after the brokerage said late Tuesday that it is launching a new exchange with trading firm Susquehanna International Group to support its prediction market product. To do so, Robinhood is acquiring MIAXdx, which has the licenses to clear and execute ... Read more ›
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Alt5 Sigma, a Nasdaq-listed company amassing a digital store of a cryptocurrency backed by the Trump family, told shareholders it removed its CEO–the second time its top executive has changed since an August tie-up with the Trump-backed crypto firm World Liberty Financial. It’s the latest sign ... Read more ›
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The recent bitcoin sell-off wasn’t the only cause for alarm among crypto investors this week. Many were rattled by news that a tech investor was robbed of $11 million worth of crypto at his home. Doorbell camera footage shows someone posing as a delivery worker approaching the home, accessible on street level in Mission Dolores, and asking for “Joshua,” who opened the door. They then asked to borrow a pen... Read more ›
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15.03.2026 14:02
Last update: 13:55 EDT.
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