Lawyers for Elon Musk argued that his federal lawsuit against OpenAI and its CEO Sam Altman should proceed to a trial, according to a legal document filed Friday evening. The latest filing responds to OpenAI’s request last month for an early legal ruling against Musk. In that document, OpenAI’s ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Data centers are hiring James Bond–style security consultants• The Arena: Is this German club the next Wrexham?• Plus, our Recommendations: “Coining It,” “Gotham at War,” “The Gods of New York” and “The Lowdown”Many fears about artificial intelligence have at least some validity. I do worry how it exacerbates geopolitical tensions. I worry it may quietly weave existing biases and prejudices into different... Read more ›
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When Kara Nortman was looking to start a women’s professional soccer team in Los Angeles, she and her co-founders—actress Natalie Portman and entrepreneur Julie Uhrman—took meetings with sports experts in their hometown. The advice they received? It would be unwise to enter a market crowded by the MLB’s Dodgers, the NBA’s Lakers and a half-dozen other franchises. “We talked to everyone who knew sports,” Nortman told me this week, “and... Read more ›
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OpenAI has asked the Trump administration to expand the 35% tax credit established under the Chips Act — the 2022 law designed to boost U.S. semiconductor production– to apply to AI data centers, according to a letter dated on October 27 posted online by the company. The company wants the ... Read more ›
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Banks including Sumitomo Mitsui Banking Corp., BNP Paribas, Goldman Sachs and Mitsubishi UFJ Financial Group are providing a roughly $18 billion loan to the developers of a New Mexico data center for OpenAI’s Stargate project, said a person familiar with the deal. The loan would add to a long ... Read more ›
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Before Sequoia Capital’s leader Roelof Botha announced he was stepping down from the position, partners Alfred Lin, Pat Grady and Andrew Reed came to him to talk about his time at the firm. Botha had only held the top-most job at the firm for three years, taking over from long-time leader Doug Leone just as startup valuations were convulsing from a historic series of rate hikes. Botha, after talking to... Read more ›
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Richard Socher, CEO of AI search startup You.com and a former chief scientist at Salesforce, hopes to raise around $1 billion for a new AI research startup he will oversee, said two people who spoke to senior staff at You.com. Socher will remain at the helm of You.com, he said in an interview. Socher said his new AI lab will focus on developing technology to automate AI research itself. The... Read more ›
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Buzzfeed’s revenue plummeted 17% to $55.6 million in the third quarter compared to the same period a year earlier, as the digital media company was hurt by softer advertising demand than in 2024 when it reaped the benefits of election-related advertising. BuzzFeed shares fell more than 37% on ... Read more ›
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On a quiet September morning, Alex Leithiser was out in the woods somewhere in the South on a secret mission: to break into a data center. First, he slipped through a small gap in the facility’s barbed wire fence, and as soon as he hit the ground, he switched clothes, pulling a fresh set from a small backpack. With cameras and alarms all over the data center, Leithiser hoped to... Read more ›
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Tesla CEO Elon Musk said Thursday that Tesla may have to eventually build its own chip fab to manufacture chips for its autonomous vehicle and robotics businesses. “One of the things I’m trying to figure out is — how do we make enough chips?” Musk said at Tesla’s annual meeting after ... Read more ›
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This spring, Google AI leader Noam Shazeer posted a comment in one of the company’s internal discussion forums, in response to a post about how Google employees could support their transgender and nonbinary colleagues on International Transgender Day of Visibility. “I do not believe that humans have an attribute called gender,” Shazeer wrote, according to a copy of the post viewed by The Information. “I do not believe that G-d... Read more ›
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Nvidia CEO Jensen Huang said on Friday that there are “no active discussions” about selling the company’s most advanced Blackwell chips to China. In a televised interview with reporters in Taiwan, Huang also said Nvidia is currently not planning to ship any products to China. The White ... Read more ›
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OpenAI CEO Sam Altman said he doesn’t want the government to bail them out if the company fails. “If we screw up and can’t fix it, we should fail, and other companies will continue on doing good work and servicing customers,” Altman said in an X post on Thursday. Altman also said that OpenAI ... Read more ›
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The White House has told others in the federal government it won’t allow Nvidia to sell its latest scaled-down AI chips to China, despite President Donald Trump’s hints over the summer that he might allow the company to do so, according to three people with knowledge of the matter. The decision is a major blow to the AI chip giant, which has seen its revenue from China shrivel this year... Read more ›
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We’ve finally learned the result of a controversial, long-awaited vote that’s generated reams of punditry and put Wall Street on edge. No, I’m not talking about the mayoral election in New York City—I’m talking about the Tesla shareholder vote on Elon Musk’s gigantic compensation package. Musk won with over 75% of the vote, Tesla said at its annual meeting at the company’s Gigafactory in Texas on Thursday. The package will... Read more ›
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Amazon Web Services currently sells a smorgasbord of cloud servers equipped with chips from various manufacturers, as well as ones it has developed in-house. And according to Shaown Nandi, director of technology at AWS, that menu is poised to expand in the coming years. “You will see us offering ... Read more ›
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More than 75% of Tesla shareholders voted in favor of Elon Musk’s $1 trillion pay package, the company announced at Tesla’s shareholder meeting on Thursday afternoon. The big majority in favor of the package—which requires Tesla to meet a variety of goals, including reaching a market ... Read more ›
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Bryan Rosenblatt, a partner at Craft Ventures, is planning to leave the firm at the end of the year to start his own investment firm, according to two people with direct knowledge of the matter. Rosenblatt’s departure continues the trend of experienced investors leaving their jobs to ... Read more ›
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I’ve been hearing a lot about how intense competition is for Series A investments lately. Investors that typically look to invest in more mature startups, say at the Series B or above rounds, are crowding into Series A rounds for fear of missing the next major winner.Like much else these days, artificial intelligence gets the credit (or blame) for this new dynamic. Venture capitalists are watching revenues triple or quadruple... Read more ›
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Meta Platforms CEO Mark Zuckerberg and his wife, Priscilla Chan, are restructuring their philanthropy, the Chan Zuckerberg Initiative. The charity on Thursday said it would now focus on using artificial intelligence to research disease and combine its scientific teams into a new organization, ... Read more ›
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15.03.2026 18:33
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