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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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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Several startups offering computing power for artificial intelligence are embracing the âborrow big to grow fastâ strategy pioneered by CoreWeave, loading up on debt backed by their stocks of high-powered chips. For instance, London-based cloud startup Fluidstack has gotten approval from Macquarie and other lenders to borrow more than $10 billion leveraging its holdings of Nvidia AI chips, or graphics processing units, as collateral, said people familiar with the companyâs... Read more âș
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The data-access battle between software incumbents and younger AI startups that could pose a threat to them continues to expand.In the latest front, Figma, which makes tools for software designers and developers, recently began limiting outside firmsâ access to Figma customer projects, according to the CEO of an enterprise search startup that lets businesses search for files or data across numerous apps they use, including Figma. Read more âș
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Chinese tech founders with strong pedigrees are starting to attract attention in Silicon Valley, including from OpenAI, for launching artificial intelligence agents targeting the U.S. market. Theyâre following in the footsteps of Manus, a browser-using agent developed by Chinese founders that briefly went viral earlier this year and got financial backing from Benchmark.With names like Genspark, Lovart, Flowith and Fellou, agents developed by Chinese founders aim to automate all kinds... Read more âș
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Cybersecurity startups are busy touting their next big opportunity: safeguarding companies from the threats generated by artificial intelligence. Thatâs led to surging revenue for some of them. But previously unreported financial details for othersâparticularly young startups focused on safeguarding AI modelsâshow corporate IT buyers have been slow to pay for this protection. Three-year-old HiddenLayer, which sells software to protect AI models from attacks that hurt their performance or accuracy, is... Read more âș
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Waymo said on Monday that it would begin testing its robotaxis in Philadelphia with safety drivers behind the wheel. The city is one of many in which the company is performing what it calls âroad trips,â where human operators drive Waymoâs robotaxis to collect data about the local geography and ... Read more âș
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Hundreds of entrepreneurs have signed an open letter to Sequoia Capital pushing the firm to denounce remarks made by partner Shaun Maguire, who accused New York City mayoral candidate Zohran Mamdani of advancing an âIslamist agendaâ and said he came âfrom a culture that lies about everything.â â ... Read more âș
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In just three months, CoreWeave has gone from an iffy IPO candidate to a financial monster gobbling up rivals. Thatâs what a 300% stock rally can do.CoreWeaveâs $9 billion bid, announced Monday, for its rival in the artificial data center business, Core Scientific, has far more significance than just a flashy deal. It also shows the dominance of artificial intelligence in all parts of tech and the crazy valuations that... Read more âș
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Meta Platforms is hiring a researcher from Apple as part of an aggressive push to recruit artificial intelligence talent, after stumbles over the past year. Ruoming Pang, a distinguished engineer and the manager of Appleâs foundation model team, is joining Metaâs new AI organization, Meta ... Read more âș
0
Most popular sources
Business Insider
|
64% 29 |
Wired
|
12% 9 |
Gizmodo
|
4% 7 |
MacRumors
|
4% 2 |
Vox
|
2% 3 |
| View sources » | |
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05.11.2025 01:03
Last update: 00:50 EDT.
News rating updated: 07:50.
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