Zoox, the Amazon-backed robotaxi company, just opened a 220,000 square foot production facility in Hayward, a suburb of San Francisco, about 15 miles from its headquarters in Foster City, Calif.. The company’s second production facility, which will be used to engineer, assemble, store and test ... Read more ›
1
Meta Platforms is taking another big step to boost its artificial intelligence efforts. The company is in advanced talks to hire Nat Friedman, the former CEO of GitHub who has become a prominent AI investor, according to a person familiar with the discussions. The company is also in discussion with Daniel Gross, Friedman’s partner in the investment fund NFDG, about joining Meta to work on AI as well, the person... Read more ›
31
Podcasters are a visible presence at Cannes Lions this year, joining the several hundred creators in attendance. I caught up with three of them—Jake Shane, Rachel Lindsay and Morgan Ashley Absher— at Spotify’s beachfront event, and asked them what features they’d like to see Spotify roll out next. Their answer surprised me: They want Spotify to bring back its Clubhouse competitor Greenroom, later renamed Spotify Live, so they can host... Read more ›
44
Stablecoin issuer Circle surged 30% after the Senate passed legislation late Tuesday known as the Genius Act that will establish federal rules on the dollar-pegged tokens. The bill will still need approval by the House of Representatives and signature by President Donald Trump, who wants to pass ... Read more ›
0
Microsoft is planning to cut thousands of jobs in the coming months, primarily in its sales organization, as the company aims to consolidate sales roles to reduce the number of salespeople customers interact with, according to two people familiar with the plans. The company is still determining ... Read more ›
2
OpenAI has decided to wind down the data labeling work it’s doing with Scale AI following a $14.3 billion investment Meta Platforms made into the startup, whose CEO Alexandr Wang will join the social media giant, an OpenAI spokesperson confirmed. Scale accounts for a small fraction of OpenAI’s ... Read more ›
0
President Donald Trump will sign an executive order this week that will again delay enforcement of a law to ban or force a sale of TikTok in the U.S. White House press secretary Karoline Leavitt said in a statement to CNN that President Trump “does not want TikTok to go dark” and “This extension ... Read more ›
0
Liquid Death has been looking to raise up to $20 million in fresh cash, as the longtime initial public offering hopeful looks to expand its production capacity and keep its drink lineup stocked in stores. The canned water and tea startup has been pitching the fundraise in the form of a convertible note, according to materials sent to prospective investors. The company expects to generate about $340 million in revenue... Read more ›
35
Today, we’re talking about my favorite topic: sneaky things AI startups do to gussy up their revenue.We previously covered how some AI startups are including non-recurring consulting fees in their annual recurring revenue figures; pitching investors on their “contracted ARR” or “sales pipelines”; and using exploding revenue growth to entice investors without explaining that much of the money is only coming from one or two large customers.Here’s another one. The... Read more ›
0
OpenAI has started discounting enterprise subscriptions to its ChatGPT app when customers agree to spend money on additional AI products, according to an OpenAI spokesperson and two executives at large firms that have spoken to the startup in recent weeks. The move has frustrated salespeople at Microsoft, OpenAI’s biggest business partner, which sells competing apps and models and doesn’t typically discount them as much. The discounting suggests OpenAI’s pricing power... Read more ›
24
At Amazon, the rise of artificial intelligence tools that automate shoppers’ online purchases is raising a question: Should the company fight the startups that make these tools—or join them? The answer it’s leaning toward is maybe a bit of both. Read more ›
10
Investors have approached Anysphere, the company behind the popular AI coding assistant Cursor, offering to invest in the company at a valuation of $18 billion to $20 billion in recent weeks, Bloomberg reported. The company might not agree to the offers, according to the report. But if the ... Read more ›
0
Salesforce is raising prices for business users of its customer management, customer service, Slack and other products, while also adding new AI features to these offerings. The move comes a few weeks after Salesforce changed its data usage policies to prohibit customers from training AI models ... Read more ›
0
The tech industry has spent the past few years telling everyone that the artificial intelligence tools they’re building are about to change the world. But until recently executives at the largest tech firms haven’t been willing to spell out what exactly that means for the hundreds of thousands of white-collar staffers at their own companies. Earlier this year, Salesforce CEO Marc Benioff told a podcaster his company might not hire... Read more ›
0
When venture capitalists first started using artificial intelligence in their own work, I mostly heard about the technology drafting rejection e-mails or helping with quick research. But as many firms look to operate more leanly and efficiently and as AI agents become more adept, I can imagine a new wave of experimentation among venture investors.Alex Robinson, co-founder and CEO of startup Juniper Square, is hopeful that venture capitalists will embrace... Read more ›
0
Elon Musk’s xAI is burning $1 billion a month as it spends heavily on building its AI models, Bloomberg reported, citing people briefed on the company’s financials. The company is trying to raise $9.3 billion in debt and equity, according to the report, and plans to spend more than half of that ... Read more ›
0
JPMorgan will launch a U.S. dollar token on Base, a blockchain developed by Coinbase, offering an alternative to stablecoins like Tether and Circle’s USDC. The token, called JPMD, represents dollar deposits at the bank. It will allow approved institutional clients to transfer funds between each ... Read more ›
0
I’m at Cannes Lions, where I spent the morning with TikTok’s marketing leaders. As YouTube has made expanding on living room screens a top priority, I’ve been curious if TikTok will follow suit. While TikTok tried launching an app for TV screens on Android a few years ago, the ByteDance-owned company hasn’t seemed to put much promotion behind it. And I’ve rarely heard TikTok talk about it. Executives on Tuesday... Read more ›
0
OpenAI has told shareholders it wants Microsoft to accept a roughly 33% equity stake in a restructured version of its for-profit business, one of several concessions it wants from its biggest outside shareholder, The Information reported on Monday. The startup is locked in negotiations with ... Read more ›
0
Apple is by no means a front-runner in the race to develop world-changing artificial intelligence, and its annual Worldwide Developers Conference last week did little to convince anyone that its Siri assistant would catch up to ChatGPT anytime soon.Still, Apple managed to stir up excitement among mobile app developers who want AI in their apps. Using a new tool called the Foundation Models framework, developers can now tap Apple’s large... Read more ›
0
Most popular sources
Business Insider
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36% 34 |
Wired
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21% 18 |
Gizmodo
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8% 3 |
MacRumors
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6% 5 |
Eurogamer.net
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5% 4 |
| View sources » | |
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05.11.2025 12:21
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