Artificial intelligence chip startup SambaNova Systems is exploring a sale after it was unable to complete a fundraising round, The Information reported. The Palo Alto, Calif., company, last valued at $5 billion in 2021, has faced sales growth challenges against competitors like Nvidia. As a ... Read more ›
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Google is investigating a security breach involving a contractor who took nearly 2,000 screenshots and sensitive internal files related to the Google Play store, The Information reported. The contractor, working in the Philippines for Accenture, sent the images to an unidentified outsider via ... Read more ›
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This is our first of what we plan to be a regular Sunday evening Briefing, looking out at the coming week. And what a week this promises to be. Nvidia is holding one of its GTC events for developers and customers in Washington Monday through Wednesday—which leather jacket will Jensen Huang wear onstage this time? (For more on GTC, see below.) We’ve also got a flood of earnings reports. Meta... Read more ›
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Treasury Secretary Scott Bessent said Sunday that President Donald Trump and China’s leader, Xi Jinping, could this week “consummate” a long-anticipated deal to keep TikTok operating in the U.S., as the leaders prepare to meet Thursday in South Korea. President Trump recently ... Read more ›
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Vinod Khosla thinks companies which say they’re struggling to get a return on their spending on artificial-intelligence services may be doing it wrong. In an interview with The Information’s TITV this past week, he said “most enterprises who are executing AI are doing it with their people who are not qualified to execute.” In contrast, when businesses hire an AI specialist firm to help them, “it goes swimmingly well.” Khosla... Read more ›
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Netflix’s quarterly earnings reports have lately lacked the drama that once made the updates a must-watch for investors and reporters. For the past eight quarters, the video streamer has routinely posted quarterly revenue growth averaging around 15%—hardly hypergrowth but a big improvement on the 2% to 4% growth rate it recorded between late 2022 and late 2023. Nowadays the results are so predictable that it would be easy to tune... Read more ›
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SoftBank has taken the next step to complete its gargantuan $30 billion investment in OpenAI. The Japanese conglomerate’s board has approved a second installment of $22.5 billion on that investment, as long as the artificial intelligence startup completes a corporate restructuring that would pay the way for an eventual public offering, according to a person with knowledge of the decision. The approval signals SoftBank’s expectation that OpenAI will succeed in... Read more ›
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Google is investigating a breach of its security systems involving a contractor who took almost 2,000 screenshots and sensitive internal files, including information related to Google’s Play store systems and guardrails, according to a person with knowledge of the situation. The contractor sent the images to an unidentified outsider, the person said. The screenshots and documents the contractor had copied included software code, information on certain developer accounts and information... Read more ›
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Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to complete a fundraising round, according to people with direct knowledge of the matter. The Palo Alto, Calif., startup was last valued at $5 billion in 2021. SambaNova and other AI chip startups have had difficulty growing sales in the face of giant competitors like Nvidia. Read more ›
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Welcome, Weekenders!Quickly, a programming note: The Briefing, the newsletter written by my colleague Martin Peers, is shifting to an altered schedule, and starting tomorrow, it’ll appear Sunday through Thursday. Martin on a Sunday evening—what a treat! Among other topics, he’ll be applying his inimitable powers of explanation to previewing tech’s week ahead.Now, in this newsletter:• The Big Read: Inside the Meta-fication of OpenAI• The Arena: Sports’ gambling habit will be... Read more ›
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The 2025–26 NBA season kicked off this week with loads to get excited about: new broadcasts from NBC’s Peacock and Amazon Prime Video, a blockbuster double-overtime opening matchup between the Oklahoma City Thunder and Houston Rockets, and a career-defining 40-point game by rising star Victor Wembanyama of the San Antonio Spurs. But all of that was overshadowed in the wee hours of Thursday morning, as FBI agents around the country... Read more ›
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OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from “Lord of the Rings” but with Gen Z characters, or Pokémon’s Pikachu as “The Godfather.” Now the company has set its sights on doing the same thing with music. OpenAI staff have been taking steps to develop AI that generates music, according to a person with knowledge of the work. For instance,... Read more ›
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Andreessen Horowitz’s artificial intelligence chip hunter is setting out on his own. Anjney Midha—an Andreessen general partner who helped the firm’s startups gain access to highly sought-after graphics processing units—told the firm’s staff on Friday that he was setting up an outside venture called AMP to “provide compute and capital to frontier AI teams.” Midha joined the firm two years ago from social app Discord and was an early personal... Read more ›
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The U.S. National Highway Safety Administration says it has contacted Tesla to gather more information about a new setting on its driver assistance software that makes its vehicles move faster and more aggressively. Tesla added the setting, called “Mad Max,” in an update for users of its “Full ... Read more ›
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JPMorgan hired veteran technology banker Kevin Brunner from Bank of America as a global chair of investment banking and mergers and acquisitions, according to a memo viewed by The Information. Brunner spent all his career at Bank of America and was most recently chair of global M&A. He ... Read more ›
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This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI. Leading her first all-hands meeting as the startup’s new CEO of applications, she acknowledged that she and many others at OpenAI shared the same background: They’d previously worked at Meta Platforms. And then Simo, who’d risen to be head of Facebook over a decade at Meta, offered reassurance—she wasn’t interested in redoing her tenure at Meta... Read more ›
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Chinese humanoid robot maker AgiBot on Friday unveiled a “robot content creation platform” that allows users to upload videos of human movements so a humanoid can accurately mimic them. The Shanghai-based startup said that the platform, LinkCraft, will allow end-users with no expertise in ... Read more ›
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The U.S. Commerce Depart. denied that it is “currently negotiating equity stakes with quantum computing companies,” according to CNBC, countering a news report earlier in the day that sent shares of several stocks soaring. Earlier Thursday, The Wall Street Journal reported that the department is ... Read more ›
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On Intel’s third-quarter earnings call, CEO Lip-Bu Tan and CFO David Zinsner said the chipmaker is expecting a boost as more companies shift their spending from training AI models to inference, the process of using trained models to power AI applications. “It is increasingly clear that CPUs play ... Read more ›
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For crypto’s offshore giants these days, there’s nothing more important than figuring out their Trump playbook. Most are succeeding, as President Donald Trump’s pardon of Binance co-founder Changpeng Zhao today demonstrated. The pardon of Zhao, who was convicted of violating anti–money-laundering laws and served a four-month sentence last year, could ease Binance’s path to taking on the U.S. market. Other offshore crypto firms, notably Tether and Polymarket, have already overcome... Read more ›
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16.03.2026 00:48
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