Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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China’s Alibaba Group said the digital payments unit of Indonesian tech firm GoTo Group is now using Alibaba’s cloud computing platform, in the latest indication of how China’s biggest cloud providers are increasing their presence in Southeast Asia. GoTo Financial, which previously used cloud ... Read more ›
2
Today’s episode of America’s greatest reality series—yes, I’m talking about Elon Musk’s falling-out with President Donald Trump—was a barn burner. But rather than rehashing the gory details here (as extraordinary as their social media back-and-forth was, it was also entirely predictable), it’s more interesting to consider what this means for tech’s broader relationship with the Trump administration. I’m talking about the tech bros still in the White House—most obviously artificial... Read more ›
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Anysphere, the maker of popular coding assistant Cursor, has surpassed $500 million in annualized revenue, according to Bloomberg. The revenue milestone is more than double its pace of $200 million in annual recurring, or subscription, revenue as of March. The company did not respond to requests ... Read more ›
1
Summer for venture capitalists used to be a time when dealmaking slowed down, as investors headed to the Italian Riviera or shifted their podcast recordings to a boat on Lake Tahoe. But that wasn’t the case last year, and it certainly isn’t shaping to be this year, either.Google challenger Perplexity is in the middle of raising $500 million—or more—in a deal that would value it at $14 billion. Anthropic and... Read more ›
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Agencies have long functioned as an intermediary between creators and advertisers. But they may start to get squeezed out, as major brands and creators try to build longer-term relationships with each other and take more creative risks. “Outsourcing” relationships between brands and creators will no longer fly, said Esi Eggleston Bracey, chief growth and marketing officer at Unilever, at The Information’s Future of Influence event on Tuesday. Read more ›
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President Trump threatened to cancel “billions and billions of dollars” in government contracts held by Elon Musk’s companies, as a simmering feud between the two men broke into open on social media. Musk seemed to endorse Trump’s impeachment in one post. Tesla shares fell 14% in ... Read more ›
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Shares of stablecoin issuer Circle jumped more than 180% in their first day of trading, reaching a market value of $17.8 billion as investors rushed into the first big crypto initial public offering under President Donald Trump. The debut could bode well for other crypto and fintech companies ... Read more ›
0
It’s not always easy for customers of Lowe’s Home Improvement to locate employees when they need to ask for help inside its cavernous facilities. But the retailer is at least giving its employees access to artificial intelligence so they can be a lot more helpful in answering questions when customers do track them down.Over the last year, the company has used models from OpenAI to develop a voice and text... Read more ›
0
It was only a matter of time before Amazon, a heavyweight in robotic automation, went full bore into humanoid robots powered by artificial intelligence.As I scooped late Wednesday, the company is almost done setting up an indoor obstacle course to test such robots at one of its San Francisco offices in hopes of eventually setting them loose to deliver packages to customers’ doorsteps. Read more ›
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Nvidia CEO Jensen Huang has in the past months repeatedly warned, in both public speeches and closed-door meetings, of intensifying competition from China’s Huawei Technologies in the market for AI chips. In reality, Huawei is having a hard time convincing some of the biggest tech companies in China to use its chips. Chinese tech heavyweights like ByteDance, Alibaba Group, and Tencent Holdings are actively testing Huawei’s artificial intelligence chips, but... Read more ›
0
Apple’s plan to launch its artificial intelligence features in China in partnership with Alibaba Group is facing delays as the country’s top internet regulator hasn’t approved the companies’ applications, the Financial Times reported. The Cyberspace Administration of China is holding up ... Read more ›
0
Amazon is gearing up to test humanoid robots that walk on two legs to deliver packages, The Information reported Wednesday. The company has set up an indoor obstacle course to test robots from a variety of companies, including Unitree, a Chinese robot producer. Eventually, humanoid robots could ... Read more ›
0
Amazon is developing software for humanoid robots that could eventually take the jobs of delivery workers, according to a person who has been involved in the effort. In doing so, Amazon is paving the way to automate a major part of its operation, the delivery of parcels around the world. Read more ›
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One of the longest running stories in crypto, Circle Internet Group’s effort to go public, is finally wrapping up. After four years of trying, the stablecoin firm priced its initial public offering tonight at $31 per share, above its preliminary range of between $27 and $28, and valuing the company at $6.9 billion based on outstanding shares. Circle shares start trading on Thursday. It’s the first big crypto company to... Read more ›
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Palo Alto Networks’ chief executive officer Nikesh Arora has joined Uber’s board of directors, the ride hailing company said in a securities filing. Arora previously was president of SoftBank and also worked at Google as chief business officer. Uber disclosed earlier this week that ... Read more ›
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A federal appeals court denied Apple’s request for a stay of a court order that forced it to allow external payments inside apps for Apple devices like the iPhone. The company sought the stay as it appealed an April order that required it to comply with a 2021 court decision that it had violated ... Read more ›
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Circle Internet Group, the stablecoin issuer, said it would raise $1.1 billion in an upsized initial public offering, giving it a market value of $6.9 billion based on outstanding shares. Investors showed strong interest in the first major crypto IPO since Coinbase went public in 2021. The ... Read more ›
0
OMG! What a day we had in Hollywood on Tuesday at The Information’s Future of Influence event. I loved meeting new readers, seeing familiar faces and hearing from our fabulous lineup of speakers including creators Adam W and Victoria Garrick Browne and executives from Meta Platforms, YouTube, Spotify and Substack. A big thank you to everyone who traveled from near and far (including Brazil and Germany!) to spend the afternoon... Read more ›
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You.com, an artificial-intelligence search startup making a push into business software, is in talks with media conglomerate Cox Enterprises to raise funds valuing the company at $1.4 billion, said people familiar with the discussions. The funding would support You.com’s push into selling AI search tools to businesses, after the company’s consumer product fell behind competitors like Perplexity. Startups are beginning to make inroads offering AI services to companies looking to... Read more ›
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Reddit is suing Anthropic in a California court for what it alleges is unlawful scraping of its content. The forum-based social network has become a useful source of training data for large language models because it offers a repository of real human conversations. While Reddit has entered into ... Read more ›
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19% 17 |
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8% 2 |
MacRumors
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7% 6 |
Vox
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5% 3 |
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05.11.2025 07:58
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