Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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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, we’ve heard very little from Netflix on the topic. There’s... Read more ›
0
A commission that advises OpenAI’s 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 “emerging harms” and disinformation involving artificial ... Read more ›
0
Andreessen Horowitz’s Casado Plays Talent Broker for Cursor Read more ›
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Netflix’s business generated $11.1 billion in revenue during the second quarter of 2025, up nearly 16% from the previous year. It also posted an operating margin of 34.1%, nearly 7 percentage points higher than the same quarter last year. After surpassing 300 million global subscribers at the ... Read more ›
0
Uber, Lucid Motors and Nuro announced a partnership Thursday that will put 20,000 robotaxis—Lucid vehicles powered by Nuro’s self-driving technology—on Uber’s ride-hailing service over the next six years. As part of the deal, Uber will also invest hundreds of millions of dollars in both ... Read more ›
0
Amazon Web Services has laid off at least hundreds of employees from various units within the cloud unit, Reuters reported. The job cuts, which come two weeks after Microsoft announced its second round of major layoffs this year, are the latest sign of tech giants adjusting headcount as they ... Read more ›
1
OpenAI on Thursday launched features for ChatGPT subscribers to create and edit spreadsheets and presentations, generate reports and automate tasks using web browsers, confirming The Information’s earlier report about the product. The new capabilities, combined with document collaboration ... Read more ›
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Meta Platforms CEO Mark Zuckerberg, along with other current and former directors and executives at the company, on Thursday agreed to settle a shareholder lawsuit that had accused them of allowing repeated violations of Facebook users’ privacy, a lawyer for the shareholders told a Delaware ... Read more ›
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Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI Chief Technology Officer Mira Murati, has raised $2 billion in funding at a $10 billion pre-investment valuation, the company said. The round was led by Andreessen Horowitz, with participation from Nvidia, Accel, ... Read more ›
0
As Microsoft and Amazon Web Services have dueled over cloud customers in the past decade, one of Microsoft’s biggest advantages has been its base of corporate customers that run Windows software on their local servers and want to move it to the cloud. AWS has complained about this dynamic for years, saying the Windows licenses effectively lock customers into Microsoft services because it costs customers extra to run Windows on... Read more ›
3
The fintech industry has gone to the Trump administration to try to block the threat by banks, led by JPMorgan Chase, to charge fintechs fees for accessing their customers’ banking data. Under proposed pricing sheets from JPMorgan, the fintech and crypto industries could face hundreds of millions of dollars in costs to get access to their customers’ bank account information, which they now get for free. The data allows companies... Read more ›
0
OpenAI is continuing its push into the application layer with ChatGPT “agents.” As we scooped this week, it plans new features that will allow users to create and edit spreadsheets and presentations, generate reports and automate tasks on their browsers—all through ChatGPT.There was one interesting detail in that news that you might have missed. Instead of leveraging a computer-using agent that would open and click around in a PowerPoint or... Read more ›
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Taiwan Semiconductor Manufacturing Company is speeding up the construction schedule of its second and third factories in the U.S. by “several quarters,” responding to strong demand from its American customers, CEO C.C. Wei said on an earnings call on Thursday. The company in January pledged to ... Read more ›
0
Meta Platforms’ new artificial intelligence organization is starting to take shape on the company’s Menlo Park, Calif., campus. The company’s blockbuster hires of AI leaders and researchers in recent weeks has introduced dozens of new faces to the area around Meta’s C-suite, where CEO Mark Zuckerberg has made room for Meta Superintelligence Labs, the new name for the company’s AI team. Staffers have to pass through two layers of security... Read more ›
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Here’s a sobering thought. Today’s AI bubble is bigger than the tech bubble of the 1990s, according to Torsten Slok, the chief economist for Apollo whose brief daily emails are widely followed. He bases that statement on his analysis that the top 10 companies in the S&P 500 are today “more overvalued than they were in the 1990s.”If this is true, then tech investors should be bracing for the mother... Read more ›
1
Major retailers that traditionally spent a lot of their advertising budgets on TV have been leaning into working more with creators. One of the latest examples is home improvement giant Lowe’s, which is making a big push to team up with handy influencers. Through a “home improvement creator network” launched last month, Lowe’s is setting up custom virtual stores for creators who film do-it-yourself projects, such as renovations or planting... Read more ›
1
At an event in New York City, Amazon Web Services unveiled a preview of Bedrock AgentCore, a new cloud service for building agents that handle multi-step tasks like processing medical claims and verifying inventory levels. The announcement confirms our report from last month. The key ... Read more ›
0
As Anthropic’s sale of artificial intelligence has surged, the company has told investors some of its profit-related metrics are improving even as it burns a tremendous amount of cash. That financial performance has prompted some investors to indicate interest in funding Anthropic at a valuation of more than $100 billion if the company decides to pursue a deal, compared to a $58 billion valuation in a financing announced four months... Read more ›
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In a surprising reversal, two leaders of Anthropic’s coding product who joined rival Anysphere two weeks ago have returned to Anthropic, according to people with direct knowledge of the move. In early July, Boris Cherny and Cat Wu left Anthropic, where they had developed a fast-growing ... Read more ›
0
Google set Aug. 20 to unveil new hardware, where the tech giant is expected to announce the next version of its Pixel smartphones. The date is just a couple of weeks before Apple typically holds its fall event to unveil new iPhones. According to Bloomberg, the new Pixel phones—the Pixel 10 ... Read more ›
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Most popular sources
Business Insider
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36% 3 |
Gizmodo
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7% 3 |
Tom's Hardware
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7% 13 |
Vox
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6% 1 |
The Verge
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4% 1 |
| View sources » | |
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03.11.2025 18:27
Last update: 18:20 EDT.
News rating updated: 01:20.
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