Venture capitalist Meltem Demirors isn’t above the occasional splurge on bags, jewelry and other material things. But she much prefers to use her disposable income for an expanding array of exotic wellness experiments, including injecting peptides and hiring a personal longevity coach. “The only dollars I spend that really have a noticeable impact on my well-being are on my health,” said Demirors, a former crypto executive who is now a... Read more ›
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Andreessen Horowitz has raised over $15 billion across five new funds, its biggest fundraising ever. The venture capital firm raised $6.75 billion for its growth fund, which invests in more mature startups and $1.12 billion for American Dynamism, its fund focusing on defense, manufacturing and ... Read more ›
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Elon Musk’s xAI burned through $7.8 billion in cash in the first nine months of 2025, Bloomberg reported Thursday evening, reflecting the high costs of AI development. XAI is responsible for the Grok AI models and chatbot. The Bloomberg report said xAI had reported a net loss of $1.46 billion in ... Read more ›
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As Elon Musk shifts Tesla away from its roots into robots and robotaxis, investors hunting for the next big electric vehicle play might want to consider Rivian, which is poised for a mainstream breakout just as Tesla was 10 years ago. Rivian’s sales are tiny—it sold just over 42,000 cars last year to Tesla’s 1.6 million. But the company this year plans to launch a more affordable vehicle that could... Read more ›
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Chinese AI startup DeepSeek is expected to launch its next-generation AI model that features strong coding capabilities in the coming weeks, according to two people with direct knowledge of the plan. The new model, V4, is a successor to the V3 model DeepSeek released in December 2024. Initial tests done by DeepSeek employees based on the company’s internal benchmarks showed that it outperformed existing models, such as Anthropic’s Claude and... Read more ›
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Meta Platforms announced on Friday that it had agreed to a series of nuclear power deals for its data centers, making it one of the biggest corporate buyers of nuclear energy in the U.S. Meta will purchase electricity from three existing Vistra Corp plants as well as reactors from Sam ... Read more ›
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David Ellison just can’t get any respect. The son of Oracle founder Larry Ellison and CEO of Paramount Skydance is going nowhere in his efforts to buy Warner Bros. Discovery, owner of HBO Max, Warner Bros. Studio and a bunch of cable channels including CNN. Ellison has a very persuasive argument that his $30 a share offer—$108 billion in total—is better for WBD shareholders than what Netflix is offering for... Read more ›
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On Thursday Snowflake said it was buying app monitoring startup Observe, confirming our earlier scoop. The sale, which we had previously reported would be roughly $1 billion, provides a decent exit for early investors in the nine-year-old startup, such as Sutter Hill Ventures and Madrona Ventures, both of which also previously backed Snowflake when it was privately held. It also saves Observe from having to raise more money this year.Observe... Read more ›
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Lambda, an upstart cloud provider that rents out Nvidia AI chips—and whose biggest customer was recently Nvidia itself—is trying to raise at least $350 million before a potential initial public offering this year, according to a person familiar with the discussions. Mubadala Capital, which manages money for the United Arab Emirates government and other investors, is in talks to lead the funding round, which is structured to sell stock to... Read more ›
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Strava, a fitness app popular with runners and cyclists, filed confidentially in recent weeks for an initial public offering and hired Goldman Sachs to run the listing, according to people with direct knowledge of the matter. The San Francisco–based firm, founded in 2009, has recently been meeting with prospective investors ahead of the offering, which could come as soon as this spring. The company grew revenue at a fast pace... Read more ›
0
Microsoft is adding a buy button to its Copilot chatbot, the company said Thursday, making it the latest AI app to allow users to make purchases without leaving the chatbot window. The company said that shoppers will be able to purchase from retailers including Urban Outfitters and Etsy. Shopify ... Read more ›
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It seems like these days, every big e-commerce and AI company is racing to figure out how to make AI agents that can shop just like a human. In the case of Amazon, the company’s version of AI-powered shopping is becoming widespread enough to step on other retailers’ toes—evidence that it’s pulling ahead in the nascent market.Earlier this week, Amazon sparked blowback from some small retailers that noticed they were... Read more ›
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Snowflake announced Thursday that it agreed to acquire app monitoring startup Observe Inc. The Information earlier reported that the two companies were in talks about a possible deal. Terms of the transaction weren’t disclosed. The Information previously reported that Snowflake would pay around ... Read more ›
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OpenAI’s official foray into health, unveiled in this post on Wednesday, has been a long time coming, as we explained last summer. In short, OpenAI is creating a special section of ChatGPT for customers to ask health-related questions and dump data from their personal health apps and wearable devices to get personalized advice. The features are in a trial phase with a subset of paid users for now. (See  our... Read more ›
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OpenAI’s efforts to turn ChatGPT into a go-to personal shopper are off to a slow start. Challenges with wrangling product data mean in-app checkouts aren’t yet widely available to the millions of shops that OpenAI said in September would soon be coming to ChatGPT. OpenAI and its early partners, Shopify and Stripe, have been working on ways to better standardize and share merchants’ product information in order to expand the... Read more ›
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The Chinese government has in recent days told companies to temporarily halt plans to buy Nvidia’s H200 AI chips, throwing up a possible roadblock in Nvidia’s hopes of restarting chip sales to one of its biggest markets, The Information reported on Wednesday. The instruction came roughly a month ... Read more ›
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Nvidia CEO Jensen Huang must feel like a child whose parents are perpetually at war. Weeks after he glimpsed a chance to resume sales of AI chips to China—thanks to approval from President Donald Trump—China has said, “Not so fast.” As our Hong Kong reporter Qianer Liu scooped today, the Chinese government has asked local tech companies to temporarily halt any plans to buy Nvidia’s H200 chips. China may yet... Read more ›
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OpenAI last fall set aside an employee stock grant pool worth 10% of the company, which was valued in October at $500 billion, according to two people with knowledge of the plans. The $50 billion pool of restricted stock units should last for roughly five years and should rise in value as the company’s private share price continues to increase. The employee stock grant pool, which hasn’t previously been reported,... Read more ›
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Microsoft executive Jennifer Weitzel, who oversaw the firm’s development of data centers for AI, left the company less than a year after starting her second stint at the company, according to someone with knowledge of the departure and her LinkedIn profile. Weitzel led the engineering, ... Read more ›
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Google’s parent Alphabet on Wednesday passed Apple in market capitalization to become the second most valuable company in the world, worth $3.885 trillion, compared to Apple’s value of $3.846 trillion. Nvidia, worth $4.595 trillion, is far and away the most valuable firm. Google shares have been ... Read more ›
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09.05.2026 13:30
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