Things have never been better for Shopify. The e-commerce firmâs 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 âș
71
Google co-founder Sergey Brin called the United Nations âtransparently antisemiticâ in an internal message responding to a UN report alleging that Google and other tech firms profited from âthe genocide carried out by Israelâ in Gaza, The Washington Post reported Wednesday. âWith all due ... Read more âș
0
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 Muskâs AI startup xAI had essentially downgraded her role to the head... Read more âș
2
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 Informationâs decade-plus of reporting, including its stories, org charts and other proprietary ... Read more âș
0
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 startupâs post-investment valuation of $2.8... Read more âș
0
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 âa culture of fearâ akin to âa metastatic cancer,â The Information reported. âI have yet to meet someone in Meta-GenAI that ... Read more âș
0
Everyone is buzzing about Linda Yaccarino stepping down as the CEO of Elon Muskâs 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 âș
0
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 providerâs data center group, including land acquisition, design and ... Read more âș
2
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 itâs injecting so much fresh blood into the company to lead a turnaround? One outgoing research scientist from Metaâs generative AI group has come up with... Read more âș
29
Linda Yaccarino said Wednesday that sheâs stepping down as the CEO of X. Yaccarino, a former NBCUniversal executive, joined X two years ago after Elon Musk acquired the social media service formerly known as Twitter. Yaccarino said in her post that the âbest is yet to comeâ for the social media ... Read more âș
1
Cloudflare, which powers many of the worldâs most prominent websites, made waves last week by introducing a default setting for new customers that would block bots that artificial intelligence firms such as OpenAI and Anthropic use to scrape sites to train artificial intelligence. What Cloudflare didnât highlight was that Googleâs AI products couldnât be blocked by the new setting.Googleâs bot for collecting data for its Gemini AI models is the... Read more âș
0
After Microsoft announced last week it would cut 9,000 workers, its second major layoffs this year, it told its remaining salespeople to lean on artificial intelligence to be more productive. âWe all need to use AI tools,â said Travis Walter, an executive overseeing Microsoftâs sales to small and medium enterprises in the Americas, during a staff meeting on Monday, according to an attendee. Read more âș
8
OpenAI has hired four senior engineers from rivals, including Meta Platforms and Elon Muskâs xAI, according to Wired, which cited an internal Slack message from OpenAI cofounder Greg Brockman. A spokesperson for OpenAI did not respond to a request for comment. The moves show that OpenAI is ... Read more âș
0
SpaceX is in talks to allow employees and investors to sell shares that would value the company at $400 billion, up from $350 billion in December, reported Bloomberg. The size of the share sale is expected to be $1 billion and value each share at $212, reported The Financial Times. SpaceX is ... Read more âș
0
Exciting news on the home front: Today, we launched a powerful new AI chatbot, The Information Deep Research, trained on over a decade of our exclusive reporting on the most important tech companies and people, including our stories, org charts and proprietary data. You can use it to generate reports on the top talent at Nvidia and Meta Platforms, summarize key trends in initial public offerings and to do so... Read more âș
0
Alphabet-backed robotaxi company Waymo launched teen accounts for riders in Phoenix on Tuesday. The company said teens aged 14 to 17 in the area will be able to call rides using a Waymo account that is linked to a parentâs or guardianâs account. Parents will receive receipts and be able to track ... Read more âș
0
On Monday, I reported how much OpenAI was spending on stock-based compensation. Itâs a lot: $4.4 billion last year, or more than five times its stock-based compensation the prior year, amounting to a whopping 119% of revenue. Stock-based compensation expenses typically donât cut into cash flow until a company goes public, so startup founders and investors donât spend as much time worrying about these costs. But these expenses can hurt... Read more âș
0
Apple on Tuesday announced that its longtime chief operating officer Jeff Williams will be retiring. Sabih Khan, Appleâs senior vice president of operations, will take over the COO job later this month âas part of a long-planned succession,â Apple said in its release. Williams, whom Apple ... Read more âș
0
On Sunday, our team scooped that TikTok is planning a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors. The news is generating a lot of buzzâand a lot of questionsâamong creators, everyday users of the app and TikTok employees and business partners who werenât aware of the plans and are wondering what comes next. On... Read more âș
6
Shein has filed confidentially for an initial public offering in Hong Kong, the FT reported, marking the fast-fashion giantâs latest attempt to go public amid intense scrutiny from regulators. Shein, which was founded in China and is now headquartered in Singapore, originally aimed to go ... Read more âș
0
Mistral AI is in discussions with investors including Abu Dhabiâs MGX about raising $1 billion in equity, Bloomberg reported. MGX, which is backed by the United Arab Emirates and has about $100 billion in assets, has made investments in several other artificial-intelligence developers including ... Read more âș
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        04.11.2025 07:44 
        
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