OpenAI is getting ready to unveil a new offering aimed at large companies that aims to help business customers with large AI transformations, the process when companies overhaul their existing technology to incorporate AI into a variety of operations, from customer service to ... Read more ›
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Some of OpenAI’s most attention-grabbing efforts over the past year have involved products for consumers, from a social app to an AI-powered device it plans to announce later this year. Last week, though, the company’s CEO, Sam Altman, gathered Disney CEO Bob Iger and other corporate executives in San Francisco to deliver a message: OpenAI is serious about catering to business customers. Over a lavish multicourse dinner accompanied by fine... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: How Greg and Anna Brockman became MAGA’s newest megadonors • The Takeway: When a Davos trip presents a chance to test AI’s limits • The Top 5: The moguls went to Davos—then we went shopping • Plus, Recommendations—our weekly pop culture picks: “Articles of Interest,” “I Deliver Parcels in Beijing” and “The Night Manager”In its life so far, OpenAI has accomplished any... Read more ›
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Tackling global dilemmas is what the World Economic Forum does best, and keen observers of the happenings at Davos, Switzerland, can definitely glean a sense of where the world might be heading. It’s also not a bad place to pick up a sense of mogul-appropriate winter wear. “Dressing for Davos isn’t easy,” admitted Victoria Hitchcock, a Silicon Valley personal stylist, who helped a few attendees pack their bags for the... Read more ›
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Earlier this week, I found myself with time to kill in an airport lounge ahead of my flight back to San Francisco from the World Economic Forum in Davos, Switzerland. So I did what any bleary-eyed tech editor who felt totally wiped out from dozens of interviews and events would do: I parked myself in an oversize lounge chair, booted up the airport Wi-Fi and decided to see if Claude... Read more ›
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A federal judge on Thursday questioned whether a previously undisclosed $800 million sales deal between Epic Games and Google was contributing to the parties opting for an antitrust settlement, The Verge reported. As part of the transaction, Epic would help Google market device operating system ... Read more ›
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Google has acquired Common Sense Machines, a Cambridge, Mass.,-based startup developing generative artificial intelligence models to create three-dimensional assets from two-dimensional images, a Google spokesperson confirmed. The deal closed this week, according to the spokesperson. The ... Read more ›
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Fervo Energy, a startup developing geothermal power projects, filed confidential paperwork for an initial public offering, Axios reported. JPMorgan and Bank of America are working with Fervo on the potential offering, Axios reported. Fervo in December said it raised $462 million in funding led ... Read more ›
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In November, Greg Brockman, OpenAI’s president and co-founder, and his wife, Anna, enjoyed a glitzy night out in Washington: a White House state dinner for Saudi Crown Prince Mohammed bin Salman. The Brockmans were among a broad contingent of tech elite in attendance at the fete, hosted by President Donald Trump. Soon after the event, the Brockmans posted pictures of themselves posing with Elon Musk, Nvidia’s Jensen Huang and his... Read more ›
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The Justice Department has launched a criminal investigation into allegations payroll startup Deel recruited and paid a spy inside a Rippling office in Ireland, according to the Wall Street Journal. In recent weeks, prosecutors have distributed subpoenas for a grand jury, the Journal reported. ... Read more ›
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Some of the world’s biggest crypto exchanges are racing to let their customers trade crypto tokens that seek to track U.S. stocks, creating a parallel market that’s beyond the reach of U.S. regulators. Binance is exploring reintroducing stock tokens on its exchange after having removed them in 2021, according to a person familiar with the plan. OKX, another major global platform, is also considering offering tokenized stocks, according to its... Read more ›
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Google invested in Sakana AI, a Tokyo-based developer of AI models and applications, Sakana said Friday. Google invested at the same valuation as the Japanese company’s recently announced funding round, which valued it at $2.5 billion without the newly raised capital, according to Sakana ... Read more ›
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Amazon will begin a round of layoffs next week, which could affect thousands of corporate employees, Reuters reported. In October, Amazon announced it was laying off 14,000 employees to help reduce management layers and bureaucracy. The upcoming layoffs will affect roughly the same number of ... Read more ›
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Meta Platforms CEO Mark Zuckerberg has expanded his direct reports to include the two co-heads of the company’s newly created Meta Compute team, signaling the importance of the new effort to manage Meta’s AI computing capacity needs. Zuckerberg announced Meta Compute in mid-January, declaring it a new “top-level initiative” that will be central to its plans to build hundreds of gigawatts’ worth of AI computing capacity over time. As reflected... Read more ›
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TikTok announced it has completed a restructuring in which its data security arm is being sold into a joint venture, owned by a group of investors including Oracle, MGX and Silver Lake, to bring the popular app into compliance with a 2024 law. The law had required TikTok’s U.S. ... Read more ›
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That’s what you call going out with a whimper. Capital One’s agreement on Thursday to buy Brex, a corporate credit card startup, for $5.15 billion is an uninspiring end to Brex’s life as an independent company. Those with long memories will remember that the nine-year-old Brex’s ambitions were once so grand it claimed to be disrupting American Express—Brex even used the term “BuyAmex” as the Wi-Fi password in one of... Read more ›
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Brex’s $5.15 billion agreement to sell to Capital One isn’t the kind of exit employees or investors would have dreamed of four years ago, when it was valued privately at $12.3 billion. But it appears to be a good enough ending to the corporate credit card startup’s run as a private company. For one, the half-cash, half-stock deal gives Brex shareholders the kind of instant payday another private round or... Read more ›
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Microsoft said Thursday it was investigating an outage that took down Office 365 apps such as its Outlook email service and Teams messaging app in North America throughout the day. The company said it was aware of customers who were unable to send or receive emails through Outlook. It’s one of ... Read more ›
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Capital One struck a deal to buy payments and credit card startup Brex for $5.15 billion, the U.S. bank said on Thursday. That is a far cry from Brex’s last valuation of $12 billion during a 2022 fundraising, though the sale means investors in the nine-year-old startup will be able to cash out ... Read more ›
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President Donald Trump sued JPMorgan and the bank’s CEO Jamie Dimon for closing his bank accounts in 2021 shortly after the January 6 riots in the U.S. Capital. The lawsuit, which was filed in Miami-Dade County and Thursday, claims accounts owned by Trump and his related entities were closed “as ... Read more ›
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09.05.2026 08:36
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