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
Cybersecurity company Snyk announced today that it has acquired Swiss AI security research startup Invariant Labs for an undisclosed price. Invariant Labs, founded in 2024, develops tools to build secure and reliable AI agents. It was founded by ETH Zurich researcher Marc Fisher and hasn’t ... Read more ›
0
Buyers of artificial intelligence often need help figuring out which AI models are best at handling a particular task.Kinesso, the tech arm of advertising giant IPG, has been evaluating ways its parent company can use large language models to generate marketing-related text. By now, Kinesso and other AI buyers have become acquainted with telltale signs that a text was generated by AI, including lists of threes, words such as “delve,”... Read more ›
29
OpenAI has been gearing up to take on Google and Microsoft with features that let people collaborate on documents and communicate via chat in ChatGPT, according to two people who have seen the designs. Launching these features would pit OpenAI more directly against Microsoft, its biggest shareholder and business partner, as well as open a new front in its battle with Google, whose search engine has already lost traffic to... Read more ›
0
For junior investment bankers working 100-hour weeks, artificial intelligence can take care of the grunt work—up to a point. Interviews with half a dozen junior bankers suggest many Wall Street banks have leaned into using AI to help streamline their most menial tasks, including basic research such as asking a chatbot for public financials or an executive’s bio, trimming five or so hours of work per week. Still, the technology... Read more ›
26
Before we get to the column, I’d recommend you check out this story Erin, Rocket and I published on Monday about what sorts of products Thinking Machines Lab, the AI startup founded by ex-OpenAI Chief Technology Officer Mira Murati, is looking to build. It gives a sneak peek into how Murati plans to catch up with OpenAI and other AI rivals, bolstered by its monster $2 billion fundraise.Now, onto today’s... Read more ›
62
Polymarket, the world’s biggest prediction market, is nearing a deal to raise more than $200 million in a funding round that will value the company at over $1 billion, according to people familiar with the plan. Polymarket, founded in 2020 by CEO Shayne Coplan, rose to prominence last year by becoming the most popular platform for betting on the U.S. presidential election. The site allows people to place bets using... Read more ›
1
The crypto stampede is on, and hardly a day goes by without the launch of some bitcoin scheme or stablecoin offering. On Sunday, my colleague Yueqi reported that OKX, one of the three biggest global crypto exchanges, was considering an initial public offering in the U.S. Today, Fiserv, one of the companies that manages the plumbing of the nation’s banks, said it was going to offer a stablecoin. Yueqi previewed... Read more ›
0
The thinking behind Thinking Machines Lab, a high-profile but mysterious artificial intelligence startup led by former OpenAI Chief Technology Officer Mira Murati, is becoming clearer. After raising an astonishing $2 billion at a $10 billion valuation from investors including Andreessen Horowitz less than five months after its founding, Murati has told investors TML is developing custom AI that will enable businesses to make more money. It’s the first indication of... Read more ›
0
Fiserv, a bank infrastructure giant, said it plans to launch a stablecoin by the end of the year, a move that will introduce stablecoin payments to its thousands of bank clients. Fiserv has set up a horserace between stablecoin companies Circle and Paxos to issue the token, which will be named ... Read more ›
2
The U.S. Senate’s latest version of the “big beautiful” budget bill could include a fresh $25 million in funding for artificial intelligence infrastructure, according to a draft of the text, which has not yet been publicly released. The Commerce Department would then be able to use the funds to ... Read more ›
39
Despite running nearly a half dozen companies, Elon Musk doesn’t use a computer, his lawyers said in a filing made in court as part of the billionaire’s ongoing lawsuit against OpenAI. The response came days after OpenAI accused Musk of resisting discovery as part of the litigation over whether ... Read more ›
0
Readers of The Information were optimistic in June about prospects for the tech sector, though our overall sentiment gauge dipped slightly versus the prior month. Over 48% of respondents to our monthly survey told us they expect the environment for tech companies to improve over the coming six ... Read more ›
0
Wealthfront, the 17-year-old robo advisor that manages millennials’ money, confidentially submitted its paperwork to regulators for an initial public offering, the firm announced Monday. The potential fintech IPO could come as early as this fall, and would follow Chime’s IPO earlier this ... Read more ›
27
The news around data-labeling startups is stirring a debate in the industry about whether artificial intelligence developers should improve their models with cheap synthetic data (data that are generated by other AI models) or with a much smaller amount of expensive, human-labeled data via firms such as Scale or Surge.Until recently, AI developers relied on low-skilled contractors to rate and rank responses from models. These developers can now automate some... Read more ›
1
Google has cut its smart TV budget and trimmed its team—marking the most concrete signs yet of the company’s waning interest competing with the likes of Samsung and Roku as it centers its TV business around YouTube. The company has reduced the budget for Google TV and Android TV 10%, according to people familiar with the matter. This group’s budget had numbered in the hundreds of millions of dollars annually... Read more ›
46
OpenAI has removed marketing materials and a video related to its $6.5 billion acquisition of io, an AI devices maker started by iPhone designer Jony Ive and OpenAI CEO Sam Altman, following a trademark lawsuit. Earlier this month, IYO, Inc., another maker of AI devices, sued Ive’s io, alleging ... Read more ›
0
Retail investors have lost some of their enthusiasm for giant tech stocks since April’s tariff induced market turmoil. Buying by individual investors of the so-called Magnificent Seven tech stocks–Alphabet, Amazon.com, Apple, Meta, Microsoft, Nvidia and Tesla–has slowed, The Wall Street Journal ... Read more ›
15
Crypto is booming right now, but the rally is playing out in the stock market rather than on crypto exchanges. Shares of stablecoin issuer Circle are up eightfold since its initial public offering just over two weeks ago, and companies that hold bitcoin are getting valuations that are surprising even to industry insiders. Several big crypto players are considering IPOs, including OKX, one of the top three global crypto exchanges.... Read more ›
1
Welcome, Weekenders! In this newsletter:• The Big Read: Humanoid robots are the latest pawns in the U.S.-China tech war• The Arena: Can 3D printing—yes, 3D printing—make Nike a winner again?• The quiet AI mogul with $1 billion in sales—and no investors • Plus, our Recommendations: Putin’s favorite fintech; the dirt on d’oh!; and a collision between money and mythOver several decades, one of Sam Altman’s finest skills has been his... Read more ›
0
Most popular sources
Business Insider
|
17% 12 |
Ars Technica
|
15% 10 |
Tom's Hardware
|
12% 9 |
Gizmodo
|
9% 4 |
Engadget
|
7% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
07.11.2025 03:09
Last update: 03:00 EDT.
News rating updated: 10:04.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.