Kalshi was sued by users for failing to pay $54 million to people who bet that Iranian Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, after he was killed during the U.S. and Israeli airstrikes last month. After Khamenei’s death, Kalshi said it couldn’t pay out any ... Read more ›
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OpenAI said Friday it has begun piloting group chat capabilities in ChatGPT for people in Japan, New Zealand, South Korea and Taiwan. The move confirms The Information’s report from June about the feature, which could eventually help OpenAI’s chatbot compete more directly with Microsoft and ... Read more ›
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Shares of StubHub plunged 22% on Friday, the day after the ticketing company reported its first earnings result as a public company. The stock is now trading 38% below its IPO price, just two months after its debut. The company reported 8% higher revenue in the third quarter, a stronger growth ... Read more ›
0
The week before Halloween, Grindr, the gay dating-and-hookup app, threw a big party near New York’s Chelsea neighborhood—its second annual Pleasure Ball. The theme: sexy garden, essentially. (“Nature’s gay and it’s hungry,” read the invitation.) Attendees showed up as scantily clad gnomes and fawns, and the crowd included influencers, New York advertising executives and Grindr CEO George Arison, who went attired in a velvet blazer affixed with bug-shaped brooches. Entirely... Read more ›
2
Walmart CEO Doug McMillon will retire in January, the company said Friday. He’ll be succeeded by John Furner, who is currently the CEO of Walmart’s U.S. business. McMillon, who has held the top job since 2014, has overseen a period of dramatic change for the retail giant. During his tenure, the ... Read more ›
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TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more ›
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If you listen to tech executives nowadays, AI can solve all of the world’s problems. OpenAI CEO Sam Altman likes to talk about AI’s potential to cure cancer. Elon Musk the other day promised that Optimus robots—AI in a hardware form—would “eliminate poverty” and prevent crime. But will AI cause almost as many problems as it solves? When it comes to cyberhacking, the answer is clearly yes, as Anthropic revealed... Read more ›
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After years of hype and hundreds of billions of dollars in investment, many executives are asking the same question: When will AI start paying off? Reports like MIT’s much-debated survey estimating that 95% of generative AI pilots fail suggest widespread frustration, but some companies are finally moving beyond experiments to projects with impact. To explore what successful adoption looks like in practice, The Information’s founder and editor in chief, Jessica... Read more ›
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Elad Gil, the venture capitalist who made early investments in Perplexity, Harvey, Stripe and Airbnb, has doubled the target size of his new fund to nearly $3 billion from $1.5 billion earlier this summer, according to a person with direct knowledge of the fundraise. If Gil succeeds in raising that much money, it would be the largest known fund raised by a solo general partner. The new target hasn’t been... Read more ›
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OneTrust, a nine-year-old startup that benefited from a wave of European and U.S. laws regulating how companies collect and share website data, is exploring a sale—possibly to private equity buyers, according to people familiar with the discussions. The Atlanta-based startup, which sells privacy and compliance software, is the latest venture-backed software firm to consider a sale rather than holding out for a public offering. The company, backed by Coatue Management... Read more ›
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Blue Origin, the space company founded and owned by Jeff Bezos, took a major step forward by successfully launching its giant New Glenn rocket and landing its booster stage on a barge off the coast of Florida. It was a landmark achievement for Blue Origin in its ambitions of creating reusable ... Read more ›
0
Thinking Machines Lab, the AI company cofounded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks to raise money at a roughly $50 billion valuation, according to a report from Bloomberg. The talks come just five months after the startup announced its last round at a $10 billion ... Read more ›
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Amazon has a new name for its satellite internet effort: Amazon Leo, a reference to its constellation of satellites in low Earth orbit. In a blog post, Rajeev Badyal, an Amazon Leo vice president, said that the satellite effort’s previous name, Project Kuiper, was a codename, which was inspired ... Read more ›
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Anthropic recently cut off access to its AI models for several hackers who were using the technology to carry out cyberattacks and espionage, the company said Thursday. Anthropic said the hackers, who were linked to the Chinese government, used its Claude Code tool to try to hack into 30 ... Read more ›
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Grayscale, the crypto asset manager owned by Digital Currency Group, a crypto conglomerate founded by Barry Silbert, filed publicly for an IPO, despite a slowdown in its business. Grayscale was the driving force behind getting crypto assets traded on stock exchanges. But competition from other ... Read more ›
2
Something curious has happened in software: Nearly every established seller of enterprise tools started marketing the same general-purpose AI agents that aim to handle everything from drafting emails to customers to resolving IT service tickets. Even old-guard database providers like Snowflake are now in the AI applications game, going head to head with young firms like Decagon in selling agents that handle customer service or sales-related interactions with customers, for... Read more ›
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Tesla is working on supporting Apple’s CarPlay system in its vehicles, Bloomberg reported on Thursday, in what would be a significant reversal of CEO Elon Musk’s opposition to working closely with the iPhone maker. The report said Tesla has been internally testing Carplay, which lets users ... Read more ›
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As we wrote in this story on Tuesday, investors are rushing to back a new crop of research-focused AI labs (dubbed neolabs) hoping to outflank OpenAI and Anthropic. One investor, in particular, is driving most of these new startups: Nvidia.In Reflection AI’s October fundraising, for instance, Nvidia contributed $800 million out of the $2 billion round, making it by far the largest investor in the round (despite the fact that... Read more ›
6
Google unveiled several new AI shopping features Thursday, as the search giant heightens competition with OpenAI and other AI companies working to incorporate more e-commerce features into their products. Google had previously announced some of the features at its I/O developer conference in ... Read more ›
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Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharp slump at most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disney’s entertainment ... Read more ›
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Chinese tech giant Tencent Holdings said it is “upgrading” its team that develops artificial intelligence foundation models by stepping up recruitment efforts. “We are hiring more top-notch talent especially in the research area,” to complement the team’s strength in engineering, President ... Read more ›
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15.03.2026 18:11
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