Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startupâs $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more âș
64
Elon Musk says his xAI will launch an AI targeted at children that will be called âBaby Grok.â He offered no further details about the product, which he announced in a Saturday evening post on X. Muskâs xAI has quickly become a top contender in the AI race, while its signature product, ... Read more âș
0
After Elon Musk left Washington and ignited a feud with President Donald Trump last month, the Trump administration reviewed the governmentâs contracts with Muskâs SpaceX and thought about cutting some of them. In the end, it didnâtâafter deciding they were too vital to the Defense Department ... Read more âș
0
President Donald Trump is suing The Wall Street Journal over a story published by the newspaper about birthday letters sent to disgraced financier Jeffrey Epstein. Trump was one of several people who sent Epstein a letter, the Journal reports. Trump denies sending the letter. The attack on the ... Read more âș
0
Welcome, Weekenders! In this newsletter:âą The Big Read: Flying taxis near reality thanks to an unexpected boost from Toyotaâą The Top 5: A tech mogulâs guide to summer fashion, Sun Valley style ⹠Plus, our Recommendations: âFlesh and Code,â âThe CIA Book Clubâ and âSu Majestad.âSilicon Valley has many flaws. A prominent one: an industrywide aversion to good, catchy names. Too many lowercase letters. Too few vowels. Sometimes a name... Read more âș
29
President Donald Trumpâs recent decision allowing Nvidia to resume sales of the H20 artificial intelligence chips to China sent its Chinese customersâmostly big tech firms like ByteDance and Alibabaâinto a frenzy to snap up chips before the U.S. administration changes its mind again. Nvidiaâs message: not so fast. The AI chip giant has told its customers it has only limited stocks of the H20 chipsâthe most powerful AI chip it... Read more âș
4
What do you get when you mix plenty of the worldâs most powerful capitalists with a sleepaway camp setup in Idaho? Well, for years, the Sun Valley Conference, hosted by Allen & Co., the ultrasecretive investment bank, was a place to hobnob and perhaps strike a deal. Itâs something else now: an honest-to-goodness fashion event, with more and more attendees clearly putting considerable effort into what they put on each... Read more âș
10
Imagine buying a house from someone who refused to show you the interior. The roof might be leaking, but the sellers donât want you to know. Thatâs what itâs like buying shares in many of the biggest tech companies, which refuse to disclose key details about their business. More strikingly, many of these companiesâsuch as Netflix and Appleâsteadily reduce what they disclose as they mature. The only conclusion: They donât... Read more âș
6
The chair of the U.S. House Committee on China has raised concerns over Nvidiaâs resumption of sales of its H20 artificial intelligence chip to China. In a letter addressed to Commerce Secretary Howard Lutnick, Michigan Sen. John Mollenaar asked for a briefing from the Commerce ... Read more âș
0
The White House is preparing an executive order targeting artificial intelligence companies whose models the administration deems too âwoke,â the Wall Street Journal reports. Under the order, which is expected to be announced next week, AI companies awarded federal contracts will be required to ... Read more âș
0
Microsoft said Friday it will end a program involving China-based employees who worked on cloud servers that the company rents out to the Pentagon and other agencies. The change came several days after ProPublica published an investigation about the program, which raised national security ... Read more âș
0
President Donald Trump on Friday signed stablecoin legislation, the Genius Act, into law, delivering the first major legislative win for the crypto industry. The legislation provides a regulatory framework for stablecoins, crypto tokens pegged to the U.S. dollar. The White House hosted a signing ... Read more âș
1
Meta Platforms will not sign the European Unionâs code of practice for artificial intelligence, a voluntary framework meant to help companies comply with the EUâs AI Act, Meta Chief Global Affairs Officer Joel Kaplan said on Friday in a post on LinkedIn. He said the code is a form of overreach. ... Read more âș
1
Substack, the publishing platform for writers that started out as a newsletter service, has raised $100 million, which it will use to invest more in its app, new creator tools and expanding the platform to new markets. Substack will also expand its business into advertising. The Series C funding ... Read more âș
0
We all grew up with wide-eyed ideas of flying carsâyou know, one day zipping around town like the Jetsons. Their failure to materialize so disappointed investor Peter Thiel that he quipped: âWe wanted flying cars; instead we got 140 characters.â Youâre free not to believe him, but JoeBen Bevirt is here to tell you we are now closeâvery closeâto having flying cars. Next year, Bevirt said, Joby Aviation, the electric... Read more âș
0
For years, Roku founder and CEO Anthony Wood ran the streaming device maker with some strict rules. He wouldnât allow advertisements on the Roku home screenâthe first thing its viewers see when they switch on their TVâfor anything besides other entertainment companies. He also wouldnât allow the home screen to promote individual shows, preferring icons of streaming apps. But as Rokuâs once-explosive growth has slowed and the streaming TV market... Read more âș
3
Cursor has restricted China-based users from accessing U.S. models offered by its coding assistant software, such as Claude-4-Sonnet and Gemini-2.5-Pro, according to three users. These users received notifications stating that these models had become unavailable due to location-based ... Read more âș
24
The crypto industry today scored its biggest win in Congress with the passage in the House of Representatives of the Genius Act. The bill, which the Senate cleared last month, legitimizes and regulates stablecoins, crypto tokens pegged to the U.S. dollar. President Donald Trump is expected to sign it quickly. Itâs a moment of rejoicing for crypto, which has bounced back from an excruciating downturn and regulatory crackdown under President... Read more âș
13
Earlier this year, Netflix made headlines and stirred excitement among talent agents when co-CEO Ted Sarandos said video podcasts would likely start showing up on the streaming giant. Sarandos had framed the development as inevitable for Netflix, given the growing popularity of talk-show-like programming and the blurring lines between talk shows and podcasts. But since those April earnings call comments, weâve heard very little from Netflix on the topic. Thereâs... Read more âș
0
A commission that advises OpenAIâs nonprofit arm said Thursday that the nonprofit should raise an emergency fund for civic organizations working on community organizing, health science and climate work, as well as to help counter âemerging harmsâ and disinformation involving artificial ... Read more âș
0
Andreessen Horowitzâs Casado Plays Talent Broker for Cursor Read more âș
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02.11.2025 17:44
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