Lately, venture capitalist Ben Lerer has found himself experiencing a bit of déjà vu: Once again, there’s a whole nest of thriving e-commerce startups worth his attention. When I reached him a couple weeks ago, his firm, Lerer Hippeau, was just putting money into two of them: Elm Biosciences, a new skin care startup, and Stiller’s Soda, a healthy beverage brand from actor Ben Stiller. Lerer was displaying none of... Read more ›
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When ecommerce consultant David Khandrius had to help a client who sold baby strollers write a product listing for Amazon’s website in the past, he typically tried to jam as many words into the listing as possible to ensure Amazon’s search algorithm would capture it. That might result in a convoluted title for a listing, like “travel stroller for beach park super compact airplane overhead.” Nowadays, though, he said, the... Read more ›
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China has launched an antitrust investigation into Qualcomm over its acquisition of Israeli startup Autotalks, in another salvo at the U.S. weeks ahead of a planned meeting between President Trump and Chinese leader Xi Jinping. The State Administration for Market Regulation, which oversees ... Read more ›
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Reflection AI, a New York-based startup building open-source models to rival labs like China’s Deepseek, said it has raised $2 billion in venture capital at an $8 billion valuation including the investment. The Information first reported the deal talks. Nvidia invested about $800 million into ... Read more ›
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It’s been nearly a year since we scooped the news that OpenAI, Google, Snowflake and Cohere were all working on artificial intelligence search products similar to the one startup Glean made a big splash with. Glean’s AI-powered search lets workers at companies easily find emails, Slack messages and other data scattered across business applications. As we said at the time, it seemed like everyone was trying to be like Glean.... Read more ›
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Coinbase and Mastercard have each held advanced talks to buy BVNK, a London-based stablecoin infrastructure firm, in a deal that could value the startup at between $1.5 billion and $2.5 billion, Fortune reported, citing people familiar with the deal. The talks are not finalized and may not ... Read more ›
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Google and Amazon, as part of their competition for corporate AI spending, both announced new suites of products that make it easier for employees to find corporate data and automate multi-step work tasks. Both companies are essentially giving their existing AI search and agent-building products ... Read more ›
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OpenAI told Europe’s top antitrust regulator that big tech firms including Microsoft, Google, and Apple could be difficult for the startup to compete against, Bloomberg reported Thursday. During a Sept. 24 meeting with EU antitrust chief Teresa Ribaldi, OpenAI said it faced “difficulties” ... Read more ›
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The court overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI has ordered the company’s former CTO Mira Murati to be deposed, seeking information such as “the extent to which [OpenAI CEO] Altman was sidelining safety procedures in the pursuit of commercial interests,” ... Read more ›
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Andreessen Horowitz co-founder Ben Horowitz says only a small subset of AI companies, such as portfolio companies Safe Superintelligence Inc. and Thinking Machines Labs, need massive compute contracts. But many AI startups still need help getting access to bottlenecked resources, like chips to train their models.The venture firm said Thursday it had hired Raghu Raghuram, former VMware CEO, to help address those computing challenges. Horowitz believes Raghuram is one of... Read more ›
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Jessica Hertz will become Shopify’s chief operating officer, she said in a LinkedIn post on Thursday. Hertz joined Shopify as the e-commerce software maker’s general counsel in late 2021. Prior to joining Shopify, she worked in the Biden administration and at Meta. Shopify’s previous COO Kaz ... Read more ›
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SoftBank-owned PayPay, a major mobile payment app in Japan, said it has acquired a 40% equity stake in Binance Japan, a subsidiary of the world’s largest crypto exchange Binance. The deal could help Binance Japan gain ground in the country, where global crypto platforms have faced intense ... Read more ›
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OpenAI can hardly announce a new product before a chorus of tech pundits declare it will kill a bunch of other applications. In the most recent example, investors in several public software companies went into a panic last week after OpenAI showed a demo of an internal artificial intelligence tool it developed to analyze contracts. The internal tool, DocuGPT, isn’t a standalone product that OpenAI plans to sell but rather... Read more ›
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Andreessen Horowitz has hired Raghu Raghuram, former chief executive of VMWare, as its newest general partner, according to firm’s co-founder Ben Horowitz. Raghuram will serve as a general partner investing in AI infrastructure and growth-stage companies. Raghuram worked at VMWare for two ... Read more ›
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OpenAI’s effort to catch up to Anthropic in code-generating artificial intelligence seems to be working. New data show OpenAI’s Codex coding assistant has pulled ahead of Anthropic’s Claude Code assistant in certain coding capabilities. Codex usage among developers is also catching up to Claude Code’s.Developers approved 74.3% of code written by Codex, slightly higher than Claude Code’s 73.7% success rate in terms of approving code pull requests, according to data... Read more ›
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Tesla’s driver assistance technology known as “Full Self-Driving” is being probed by U.S. auto safety regulators, who said they’d identified 58 reports of vehicles using the software running red lights and violating other traffic laws. The National Highway Traffic Safety Administration’s new ... Read more ›
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Recently, President Donald Trump demanded that Microsoft sack its head of global affairs, Lisa Monaco, over her past roles in the Biden and Obama administrations. He added that her position was “unacceptable” given Microsoft’s major contracts with the U.S. government. Microsoft hasn’t yet responded publicly to Trump’s demand. If Monaco stays at Microsoft, the company’s handling of the situation could provide a template for how its peers in tech can... Read more ›
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China on Thursday announced additional export controls on rare earths, expanding restrictions on critical minerals that are used in the manufacturing of everything from gadgets to electric vehicles to defense systems. Under the new rules, exports for overseas military applications won’t be ... Read more ›
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Anysphere, the maker of coding assistant Cursor, is considering offers to invest in the startup at around a $30 billion valuation, roughly triple its valuation in a round that closed mid-year, according to people familiar with the discussions. The offers indicates that investor excitement about the three-year-old startup has remained high because of its fast-growing revenue, despite growing competition from OpenAI and Anthropic. Both make the models that power its... Read more ›
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AMD CEO Lisa Su should hope Nvidia CEO Jensen Huang takes digs at her more often. After Huang turned up on CNBC on Wednesday morning—where he discussed both the AMD-OpenAI chip deal announced on Monday and Nvidia's own dealmaking—AMD’s stock rallied 11%! The stock, which had jumped 24% on Monday but only inched up a bit on Tuesday, is now up 43% this week. Perhaps Huang inadvertently brought AMD’s success... Read more ›
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24.10.2025 03:45
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