The latest round of U.S. chip export controls may have curbed DeepSeek’s rise, at least for now. DeepSeek’s highly anticipated upcoming large language model, R2, may not be as quickly and extensively adopted in China as its predecessor, the wildly popular R1, due to a shortage of Nvidia server chips in the country, according to employees of major Chinese cloud service providers that offer DeepSeek’s models to enterprise customers. The... Read more ›
0
Meta did not violate copyright law by training its Llama language models on copyrighted books, a U.S. district court for Northern California ruled Wednesday. Authors including Richard Kadrey, Ta-Nehisi Coates and former Arkansas Governor Mike Huckabee had sued Meta for downloading their books ... Read more ›
0
Microsoft is on a hot streak. Its stock has soared in recent weeks and so far this year is up 17%, more than that of any other big tech name besides gravity-defying Meta Platforms. What makes Microsoft’s performance so striking is that the stock was not cheap before the rally—based on multiples of earnings and sales—and it is even less cheap now. The premium put on the software giant’s shares... Read more ›
2
As OpenAI seeks Microsoft’s approval to restructure the startup’s for-profit unit so it can go public, the companies have discussed changes to clauses in their contract that would limit Microsoft’s exclusive access to OpenAI’s technology after the startup achieves what it calls artificial ... Read more ›
2
For the past three years, Microsoft has introduced a slew of new software tools, such as Copilot, by drawing on artificial intelligence developed by OpenAI. Under the terms of the software giant’s financial backing for OpenAI, Microsoft has access to the tech through 2030. The only risk was that OpenAI could move to cut off access if its board decided the AI had developed to the point where it could... Read more ›
1
Recently, I argued that OnlyFans could sell itself for at least $30 billion, or nearly four times the price Ukrainian-American billionaire Leonid Radvinsky is reportedly considering, if only it finds an investor willing to overlook the stigma associated with porn. At the same time, though, the company faces the same threat looming over hundreds of more mundane tech companies: disruption by artificial intelligence. The proliferation of AI sex chatbots is... Read more ›
0
Kalshi, a New York-based prediction market, said it has raised $185 million in a new round led by Paradigm, a crypto venture fund, that valued the company at $2 billion after the investment. Other investors in the round include Multicoin Capital, Sequoia, and Citadel Securities CEO Peng Zhao. ... Read more ›
0
Data management software firm Rubrik is acquiring Predibase, a startup that helps companies train and fine-tune their artificial intelligence models. Predibase, which was founded in 2021 by former Google and Uber employees, had raised over $28 million from Felicis and Greylock. The terms ... Read more ›
0
Bumble said it would lay off 30% of its workforce as returning CEO Whitney Wolfe Herd tries to turn the dating app around. Bumble shares were up more than 20% Wednesday following the announcement. The cuts will impact around 240 roles, according to a securities filing, saving roughly $40 million ... Read more ›
0
Only 17% of Americans said they had paid for news, either through subscribing or donating money, according to a survey by Pew Research Center. In other words, 83% of Americans said they had not paid for news in the past year. Most news outlets now have paywalls that require readers to pay to ... Read more ›
9
The explosion in AI coding assistants, used by developers to make apps and websites, has raised questions about whether developers will be loyal to any of them or if they’ll switch around based on which one has access to the best coding model or capabilities at the moment.But new data from research firm Indagari, based on credit card transaction data from more than 25 million U.S. consumers, shows developers that... Read more ›
18
Eric Trump is raising money to build what he predicts will be the world’s largest bitcoin-mining company. He’s teamed up with bitcoin miner Hut 8 to build the computing power he needs. “They can get projects done, you know, in half the time of other, you know, builders,” Trump said, announcing the partnership earlier this year. Trump’s newly christened bitcoin miner, American Bitcoin, is a joint venture between the Trumps... Read more ›
0
Anthropic did not violate copyright law by training its large language models on copies of books because the training was protected under “fair use,” a federal district court in San Francisco ruled Tuesday. Authors Andrea Bartz, Charles Graeber and Kirk Johnson sued Anthropic last year, alleging ... Read more ›
0
New Zealand-based accounting software company Xero will pay $2.5 billion to acquire Melio, a New York startup that sells bill payments software to small and medium-sized businesses, as part of Xero’s U.S. expansion strategy, the companies announced Tuesday. Melio investors will receive a mix of ... Read more ›
0
Waymo on Tuesday opened its robotaxi service to the public in Atlanta, offering rides in a 65-square mile area exclusively through the Uber app. Waymo previously offered rides in the city, but just for people who signed up for early access. Atlanta is the second city where Waymo is available ... Read more ›
0
Welcome to summer, particularly for those in cities like New York that are enduring 100-degree temperatures today. And it was hot in a different sense on Wall Street, where all those worries about tariffs seem to have faded into the background, judging by the recent stock market frenzy. The Nasdaq 100 index, for instance, rose 1.5% on Tuesday to hit a new record. Yippee!The market is doing so well that... Read more ›
2
The market for initial public offerings has thawed a bit so far this year. But don’t forget about deals going the other way—software companies going private again, relatively soon after their IPOs. Bankers say they are talking to software companies that have struggled since their IPOs about going private again. Some of these boomerang stocks will be leaving the market for the second time. The biggest such take-private so far... Read more ›
2
Walmart is adding more small retail warehouses, Bloomberg reported, as it looks to speed up delivery times and better compete with e-commerce rivals like Amazon. The facilities will be so-called “dark stores” that are closed to the public, according to the report. One of the warehouses is ... Read more ›
0
YouTube may already be a behemoth in advertising, but a lot of the video giant’s attention lately has been on its subscription products. In fact, earlier this year YouTube leaders were considering hiring for a new role that could be in charge of all subscription products, as I reported on Monday. (A YouTube spokesperson declined to comment.)It’s not hard to see YouTube moving in this direction at some point. Current... Read more ›
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Polymarket, the world’s largest prediction market, is finalizing a deal to raise more than $200 million at a valuation of more than $1 billion, The Information reported Tuesday. Peter Thiel’s Founders Fund, an existing investor, is leading the round. Founded in 2020 by CEO Shayne Coplan, ... Read more ›
0
Most popular sources
Business Insider
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18% 12 |
Ars Technica
|
15% 10 |
Tom's Hardware
|
11% 9 |
Gizmodo
|
9% 5 |
The Verge
|
7% 4 |
| View sources » | |
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07.11.2025 00:40
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News rating updated: 07:30.
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