Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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Tesla announced that one of its vehicles had driven itself to its new owner’s home, in a big step forward for Elon Musk’s ambitions to dominate the self-driving car sector. A video posted on X by Tesla shows the car driving itself from Tesla’s Texas Gigafactory to its new owner’s home, about ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The deals, free agents and egos fueling the AI talent grab • The Top 5: The most rigorous summer camps• Plus, our Recommendations: A Pablo Escobar tell-all; Netflix’s latest sleuths; and the amazing Gila monsterMamma Mia! Nintendo’s Switch 2, the latest console from the venerable videogame company, is a bona fide hit. Currently, the device is nigh ungettable: Best Buy, Target, GameStop... Read more ›
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Summer is here, and so is the crushing pressure of what camps or programs to sign your kid up for in order to impress on college applications. Looking to help your little one become the next Bezos? There’s a camp for that. As it turns out: Play your cards right, and this time of year can be just as fruitful a period for college applications fodder as the school year... Read more ›
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Can I have a show of hands of those who plan this weekend to see the new Apple-made Brad Pitt movie, “F1,” which opened today in theaters? It is the kind of film—full of shots of cars racing at high speed—that surely looks better on the big screen. That’s definitely the view of Eddy Cue, the Apple executive with responsibility for the company’s entertainment operations: He told Bloomberg in an... Read more ›
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Meta Platforms is in advanced talks to raise $29 billion from private equity firms as it invests further in building data centers for artificial intelligence, the Financial Times reported. Apollo Global Management, KKR, Brookfield, Carlyle and Pimco are involved in the discussions. Meta hopes to ... Read more ›
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OpenAI, one of the world’s biggest customers of Nvidia artificial intelligence chips, recently began renting Google’s AI chips to power ChatGPT and other products, the first time it has used non-Nvidia chips in a meaningful way, according to a person who is involved in the arrangement. The move reflects OpenAI’s broader shift away from relying on Microsoft data centers and could boost Google’s tensor processing units as a cheaper alternative... Read more ›
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Every investor knows what’s wrong with private markets right now. Venture capital and private equity funds have delivered weak returns, few exits and little cash for investors, resulting in a brutal fundraising climate for funds and therefore companies. The bigger picture reveals a much worse problem: There is roughly $13 trillion trapped in private markets, and that could be killing the startup ecosystem. Read more ›
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Nvidia this month acquired CentML, a startup developing software to make artificial intelligence run more efficiently on specialized server chips, according to The Logic. The startup’s chief executive officer, co-founders and other employees now work at Nvidia, according to their LinkedIn ... Read more ›
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Say you’re at the top of your field. Say you’ve been promoted to be a senior researcher at OpenAI, watching the paper value of your equity swell as your company’s valuation goes from less than $20 billion to $260 billion in just four years. Say Mark Zuckerberg—yes, Zuck, personally—comes texting and calling, offering you tens of millions of dollars to help salvage his struggling AI lab. What do you do?... Read more ›
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Microsoft has spent years designing its own artificial intelligence chips, in part to reduce its dependence on Nvidia. It isn’t going so well. The software giant, which Nvidia employees say was its largest customer by revenue last year, is taking much longer than expected to design its latest-generation AI chips, raising the possibility that the new chips will be even less competitive with Nvidia’s by the time they go into... Read more ›
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Redwood Materials, a battery recycling startup run by Tesla co-founder JB Straubel, is entering the data center market as demand rises for electricity for artificial intelligence. The company said Thursday it has launched a new business to repurpose used electric-vehicle batteries so they can ... Read more ›
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Welcome back, Travis Kalanick! We’ve missed you as a generator of news. The New York Times scooped the juicy news today that Kalanick is in talks to get Uber’s backing for a buyout of Chinese autonomous vehicle developer Pony.ai’s U.S. assets. Assuming the deal gets done, it may not involve big dollars—Pony’s market capitalization of $5.2 billion mostly reflects its Chinese robotaxi and autonomous trucking business—but the strategic implications are... Read more ›
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For more than a decade, Forerunner Ventures founder Kirsten Green has had a front-row seat on what’s hot or not in consumer startups. After a particularly brutal period for these startups when interest rates spiked, investors like Green are especially optimistic—largely because they’ve seen artificial intelligence breakthroughs create multibillion-dollar consumer businesses for OpenAI and Perplexity.“Typically, there is more money than amazing startups or exponential businesses,” Green said on the eve... Read more ›
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Uber is reportedly in talks with its co-founder and former CEO, Travis Kalanick, about backing Kalanick’s buyout of Chinese autonomous car developer Pony.ai’s U.S. assets, the New York Times reported. The deal would likely enhance Uber’s strategy of partnering with a variety of robotaxi ... Read more ›
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Google announced a free tool for helping publishers make money online from surveys, micropayments and other offerings, a sign that Google is responding to publisher complaints that new AI features like AI Overviews on Search are driving down traffic to publisher sites. The tool, called ... Read more ›
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Creator management firms help creators ink brand deals, but they typically don’t also have production facilities to help creators launch projects, such as recurring shows made for YouTube or TikTok.Scott Dunn and Chris Gera are taking a different approach with their new startup Unicorn, which is part talent management firm and part content studio. The two co-founders, who officially launched the company earlier this month, split the ownership rights of... Read more ›
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Meta Platforms is hiring four researchers from OpenAI as part of an aggressive push to recruit talent and catch up in artificial intelligence, after stumbles over the past year. Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai are joining Meta from OpenAI’s office in Zurich, Beyer said on ... Read more ›
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TikTok and Instagram are working on versions of their apps for connected TVs following YouTube’s growth in the living room, The Information reported. The social media giants see an opportunity to capture some of the ad dollars moving to the streaming TV market. TV apps would give Instagram ... Read more ›
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Artificial intelligence is handling between 30% and 50% of the work at Salesforce, automating functions like software engineering and customer service, co-founder and CEO Marc Benioff said in an interview with Bloomberg. Benioff’s comments are the latest sign that technology executives are ... Read more ›
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Rejoice, couch potatoes. TikTok and Instagram, following YouTube’s lead, are working on ways to make it easier for viewers to watch videos from their apps on TV screens. The social media giants see an opportunity to grab some of the ad dollars flowing to the streaming TV market. Meta Platforms’ leaders have said they are planning to develop a version of the Instagram app designed for TVs, according to a... Read more ›
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Most popular sources
Business Insider
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62% 30 |
Wired
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11% 7 |
Gizmodo
|
5% 4 |
MacRumors
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4% 2 |
Android Authority
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3% 1 |
| View sources » | |
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04.11.2025 18:32
Last update: 18:25 EDT.
News rating updated: 01:20.
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