Epic Games has settled an antitrust lawsuit against Samsung over allegations that the South Korean smartphone maker conspired with Google to block rival app stores on Android phones. A Monday court filing didn’t disclose any of the terms of the settlement, but Tim Sweeney, CEO of Epic, ... Read more ›
0
OpenAI has told investors that stock-based compensation increased by more than five times last year, to $4.4 billion, accounting for 119% of last year’s total revenue, The Information reported. The company projected stock-based compensation as a percentage of revenue would drop to a still-high ... Read more ›
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Amazon is teaming up with delivery startup Gopuff to offer same-hour deliveries of groceries and other household goods to U.K. shoppers, Amazon said in a statement Monday. Shoppers will be able to order products from Gopuff through Amazon’s website and app, and Gopuff will fulfill the orders ... Read more ›
0
Tesla shares closed down 6.8% at $293.94 on Monday after CEO Elon Musk said over the weekend that he was forming a new political party and continued to spar with President Donald Trump. Musk said in a Saturday X post that he would launch the “America Party” that would support congressional ... Read more ›
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The term “agent” or “agentic” has become so ubiquitous in the business world that it can now seem to mean everything or nothing at all. In its simplest form, an agent is artificial intelligence that handles multistep tasks without requiring a human to steer it the whole time. In other words, an agent goes beyond what the basic version of ChatGPT can do. In the past year, AI firms have... Read more ›
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Amazon is teaming up with delivery startup Gopuff to offer same-hour deliveries of groceries and other household goods to U.K. shoppers, Amazon said in a statement Monday. Shoppers will be able to order products from Gopuff through Amazon’s website and app, and Gopuff will fulfill the orders ... Read more ›
0
CoreWeave has agreed to buy Core Scientific in an all-stock deal worth about $9 billion, in a push to expand its artificial intelligence data center capacity. The transaction values Core Scientific’s stock at $20.40 per share, a 66% premium to the company’s share price of $12.30 on June 25, the ... Read more ›
0
Artificial intelligence firms’ failure last week to convince U.S. lawmakers to ban state-based laws targeting AI means all eyes are now on state legislatures that aim to pass them.One law that’s close to the finish line is New York’s Responsible AI Safety and Education Act. The state legislature passed the bill in June, and eventually it will head to the desk of the governor, who will decide whether to sign... Read more ›
0
OpenAI has signaled it will hike pay for some employees in the wake of a raid by Meta Platforms on its artificial intelligence researchers. That could mean a significant increase in the billions of dollars in stock awards it already accounts for, threatening to further dilute investors after a planned corporate restructuring. The San Francisco startup has told investors stock-based compensation jumped more than five times last year, to $4.4... Read more ›
12
The Trump administration is planning to restrict the sale of key artificial intelligence chips to Malaysia and Thailand as part of an effort to block China’s access to such chips through intermediaries in Southeast Asia, Bloomberg reported. The Commerce Department is working on draft export ... Read more ›
0
TikTok is building 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 Information reported. The company has developed a plan to launch the new TikTok app, known internally as “M2,” to U.S. app stores on September 5. Under the plan, ... Read more ›
0
TikTok is building 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 company has developed a plan to launch the new TikTok app, known internally as “M2,” to U.S. app stores on September 5, according to two people with knowledge of the matter. (The existing TikTok app is known internally as “M.”) Under the... Read more ›
0
Tesla CEO Elon Musk said Friday that he planned to launch his own political party, the “America Party,” and suggested the party would “laser-focus on just 2 or 3 Senate seats and 8 to 10 House districts.” “When it comes to bankrupting our country with waste & graft, we live in a one-party ... Read more ›
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President Donald Trump said late Friday that the U.S. was close to a deal for the American operations of TikTok and his administration would start talking to the Chinese government on Monday or Tuesday about the plan. “I think the deal is good for China, and it’s good for us,” he told reporters ... Read more ›
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Welcome, Weekenders! In this newsletter:• Lists: 25 great books for summer 2025 • The Arena: A counter-terrorism startup is a surprise WNBA partner• Artificial Intelligence: Why Meta and Google learned to love art• Plus, our Recommendations: a pop-critic laureate; Alexander Hamilton’s dual roles; and a nightly island getawayThe holiday weekend seems to have forced a momentary pause in the AI talent war between Meta Platforms and OpenAI: It’s been a... Read more ›
2
Dead billionaires have piled up in modern pop culture to an almost absurd amount. Surely some Pacific Heights morgue is overflowing by this point. Well, “Dead Money” adds one more to the examiner’s table: Trevor Canon, the uber-wealthy founder of Journy, an Uber-like startup worth mega billions. His death throws his company’s future into doubt through what debut novelist Jakob Kerr calls a “dead money provision,” some legalese that freezes... Read more ›
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On an unseasonably warm May afternoon in Manhattan’s bustling Rockefeller Center, the designers Wade Jeffree and Leta Sobierajski stood a few yards in front of a large, colorful sculpture—a “vibrant mirrored maze,” as a nearby placard puts it—that they’d spent the past year building. Billed as a Google Labs Collaboration, the project, per the tech giant, was spurred by the question, “How can generative AI expand the creative process?” Google... Read more ›
6
There are no bargains in artificial intelligence. Investors just gave $2 billion to Mira Murati’s Thinking Machines Lab, which is five months old, has no products and produces little revenue. There is value, though, if you look closely enough. Focusing on valuation, growth rates and revenue across the AI landscape separates the reasonable values from the froth, and the likely success stories from companies that may struggle to meet their... Read more ›
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Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, is delaying the construction of its second plant in Japan, the Wall Street Journal reported, citing people familiar with the plans. TSMC is pushing back the plans in Japan because it is prioritizing the expansion of its ... Read more ›
0
Artificial intelligence startups aren’t just chasing capital. They’re seeking deals for customer data.As my colleague Kevin and I reported earlier this week, enterprise software firms such as Salesforce, Notion and Atlassian are limiting other companies’ access to customer data they host. The reason seems to be that AI startups like Glean threaten these software firms by making it easier for customers to search and analyze their data in the enterprise... Read more ›
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Most popular sources
Business Insider
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64% 29 |
Wired
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12% 9 |
Gizmodo
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4% 7 |
MacRumors
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4% 2 |
Vox
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2% 3 |
| View sources » | |
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05.11.2025 03:39
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