When former Bain Capital Ventures partner Sarah Smith raised a $16 million fund to back early-stage startups earlier this year, she decided to use artificial intelligence to answer a question that venture capitalists say usually comes down to human instinct: Which founders are worth meeting?The Menlo Park, Calif.–based investor developed a screening system using Anthropic’s Claude, which she says she trusts with sensitive information over other models. The system helps... Read more ›
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Influencers aren’t just appearing on TV screens, but also increasingly on big screens. On Friday, a new horror film starring digital creators called “Skillhouse” will premiere in some AMC and Regal showhouses.The film follows 10 fictional influencers who are lured into a content house where they have to compete in social media challenges and rack up likes in order to survive. The cast includes Bryce Hall, who rose to early... Read more ›
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Andreessen Horowitz is changing its incorporation from Delaware, where it has been incorporated since its founding in 2009, to Nevada. In a blog post on Wednesday, the firm wrote that the Delaware Court of Chancery has an “unprecedented level of subjectivity into judicial decisions,” while ... Read more ›
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Revolut is attempting to raise $1 billion in a new funding round that would give the UK-based fintech startup a valuation of $65 billion, the Financial Times first reported. Revolut offers free and low-cost banking services, such as accounts and money transfers, through an app. The neobank was ... Read more ›
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Tamar Yehoshua, president of product and technology at AI search startup Glean, recently left that role and is now a part-time advisor to co-founder and CEO Arvind Jain, according to a person close to the company and her updated LinkedIn profile. Yehoshua, who joined Glean in March 2024, ... Read more ›
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Companies that buy artificial intelligence chatbots for their workers have many options, and some of them have started looking for the cheapest option. That could explain new data from payments startup Ramp, showing a slight dip in the percentage of Ramp customers that spent money on AI products like ChatGPT between May and June, to 42% from 42.5%.Ramp’s more than 30,000 corporate card customers collectively spend billions of dollars annually... Read more ›
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Nvidia briefly crossing the $4 trillion level in market capitalization got all of the headlines this week. The artificial intelligence-driven rally that got it there has wider implications for investors. Nvidia shares jumped over the $4 trillion mark on Wednesday but failed to close above it. ... Read more ›
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Tesla has scheduled its annual shareholder meeting for November, several months later than usual, one day after a shareholder group demanded the company set a date. Tesla will hold its annual meeting on Nov. 6, the company’s board of directors said in a securities filing that was posted publicly ... Read more ›
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OpenAI’s embrace of Google Cloud servers isn’t stopping it from launching a direct assault on several of Google’s core products. Its next target: Chrome.Reuters on Wednesday reported that OpenAI’s web browser is coming soon. It’s been eight months since we broke the first news about OpenAI’s development of the browser, including its hiring of two early Chrome engineers from Google. If you’re wondering why it takes so long to make... Read more ›
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The most important cryptocurrency bill in history could become law next week, but its immediate effect on everyday Americans will be negligible. Instead, the biggest impact will occur overseas, where it will boost both crypto and the dollar in the global economy. The law will bolster confidence in stablecoins, cryptocurrencies pegged to a traditional asset, generally the U.S. dollar. Individuals and businesses across the world—from Argentina to Turkey—have embraced stablecoins... Read more ›
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Elon Musk’s xAI launched Grok 4, the latest generation of its AI models, intensifying its competition with rivals OpenAI, Google and Anthropic. In an hourlong livestream Wednesday night, Musk said Grok 4 is the “smartest AI in the world” and “smarter than almost all graduate students in all ... Read more ›
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Nvidia CEO Jensen Huang plans to meet senior Chinese government officials in Beijing next week to reassert the company’s commitment to the country, the Financial Times reported, citing people familiar with his plans. Huang is trying to arrange a meeting with Chinese Premier Li Qiang, according ... Read more ›
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Google co-founder Sergey Brin called the United Nations “transparently antisemitic” in an internal message responding to a UN report alleging that Google and other tech firms profited from “the genocide carried out by Israel” in Gaza, The Washington Post reported Wednesday. “With all due ... Read more ›
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Oh, how times have changed! Just two years ago, Elon Musk hired Linda Yaccarino as the CEO of Twitter with a mandate to clean up relationships with advertisers, many of whom were worried about their products showing up next to hate speech. On Wednesday, Yaccarino unexpectedly announced her departure at a time when the merger of X with Musk’s AI startup xAI had essentially downgraded her role to the head... Read more ›
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The Information has launched a chatbot, The Information Deep Research, that allows its subscribers to more easily answer business questions using artificial intelligence. The tool is trained on The Information’s decade-plus of reporting, including its stories, org charts and other proprietary ... Read more ›
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Groq, an Nvidia challenger that develops chips to power large language models, has talked to investors about raising between $300 million to $500 million at a $6 billion post-investment valuation, according to two people with direct knowledge of the fundraising effort. The deal discussions come as the company told investors its revenue will more than quintuple this year. If completed, the deal would double the startup’s post-investment valuation of $2.8... Read more ›
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In an essay that has circulated inside Meta Platforms in recent days, an artificial intelligence researcher leaving the company diagnosed its challenges in AI, describing “a culture of fear” akin to “a metastatic cancer,” The Information reported. “I have yet to meet someone in Meta-GenAI that ... Read more ›
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Everyone is buzzing about Linda Yaccarino stepping down as the CEO of Elon Musk’s X after two years at the helm. During her tenure, she often referenced creators in public remarks and in posts on X. But the company has had a mixed track record when it comes to creator tools and making it a more popular destination for influencers. Read more ›
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Kevin Miller, vice president of global data centers at Amazon Web Services, said Wednesday he plans to leave the company after 17 years, according to a LinkedIn post. In his most recent years at AWS, Miller oversaw the cloud provider’s data center group, including land acquisition, design and ... Read more ›
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Over the past month, Meta Platforms has overhauled its stumbling efforts in artificial intelligence by making a head-spinning series of hires of leaders and researchers from outside the company. But a key question has lingered: Why has Meta struggled so badly in AI that it’s injecting so much fresh blood into the company to lead a turnaround? One outgoing research scientist from Meta’s generative AI group has come up with... Read more ›
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05.11.2025 01:03
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