Teslaâs driver assistance technology known as âFull Self-Drivingâ is being probed by U.S. auto safety regulators, who said theyâd identified 58 reports of vehicles using the software running red lights and violating other traffic laws. The National Highway Traffic Safety Administrationâs new ... Read more âș
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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 âunacceptableâ given Microsoftâs major contracts with the U.S. government. Microsoft hasnât yet responded publicly to Trumpâs demand. If Monaco stays at Microsoft, the companyâs handling of the situation could provide a template for how its peers in tech can... Read more âș
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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 wonât be ... Read more âș
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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 âș
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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 morningâwhere he discussed both the AMD-OpenAI chip deal announced on Monday and Nvidia's own dealmakingâAMDâs 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 AMDâs success... Read more âș
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After a brief reprieve, artificial intelligence enterprises once again find themselves in a bidding war for graphics processing units. For frontier labs and hyperscalers, spending billions on training and inference is business as usual. But for startups and independent developers, compute costs can quickly swallow the bottom line. At a recent panel hosted by The Information, Co-Executive Editor Amir Efrati spoke with two experts on how smaller players can scale... Read more âș
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Elon Musk and his social media site X, formerly known as Twitter, have settled a lawsuit from four top Twitter executives that Musk fired after acquiring the company in 2022. Former Twitter CEO Parag Agrawal, chief financial officer Ned Segal, chief legal officer Vijaya Gadde and general counsel ... Read more âș
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Apple and Meta are on the verge of settling antitrust cases with European Union regulators over alleged violations of the blocâs Digital Markets Act, the Financial Times reported. The EU had already fined the two companies a combined 700 million over alleged violations of parts of the law, which ... Read more âș
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SoftBank Group said Wednesday it had purchased the robotics division of Swiss industrial conglomerate ABB for $5.4 billion, the latest big push for the Japanese firm into robotics. SoftBank will have to turn around the division. ABB said last quarter it generated about $813 million in revenue ... Read more âș
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Data streaming platform Confluent is exploring a sale after receiving takeover interest, Reuters reported. Shares of Confluent jumped more than 11% on Wednesday morning. The Mountain View, Calif.-based Confluent helps companies to process real-time, massive data based on the open-source Apache ... Read more âș
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Countless startups sell tools to software engineers, such as version control systems to track whoâs making changes to a codebase, and sandboxes where code can be safely run and tested without affecting the main system.Now, a startup is building such tools for artificial intelligence agents that aim to do the work of human coders. Andreessen Horowitz, which has been among the most prolific backers of young AI startups in the... Read more âș
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In just over two months, the new stablecoin law has upended crypto markets, giving a group of new competitors a chance to wrest control from the industryâs two dominant companies, Tether and Circle. The biggest disruptor has been Stripe, which is benefiting from its well-timed $1.1 billion acquisition of stablecoin infrastructure startup Bridge earlier this year. Anchorage Digital, the only digital assets firm with a federal trust charter, is also... Read more âș
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Anthropic, the startup known for its Claude AI models, is accelerating international expansion with a plan to open an office in India by next year, the second in Asia after Tokyo. Anthropic CEO Dario Amodei is visiting India this week to meet with public officials and enterprise partners, the ... Read more âș
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CoreWeave CEO Michael Intrator said Tuesday that the cloud provider will not change its $9 billion bid for Core Scientific ahead of a shareholder vote scheduled for October 30. Two Seas Capital said last month it would vote against the deal and urged other shareholders to do so. The hedge fund, ... Read more âș
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Nvidia CEO Jensen Huang said Tuesday that Oracle, one of its largest customers, is going to be âwonderfully profitableâ from renting out Nvidia artificial intelligence chips to cloud customers. Huangâs comments, made during an interview with Jim Cramer on CNBCâs Investing Club, were in response ... Read more âș
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In years to come, we might look back at this period in tech as one in which the entire industry was in the grip of a mass delusion, namely the idea that artificial intelligence would prove to be good for business. Of course, itâs still early days. But so far, AI has proven lucrative primarily for the companies involved in making and selling AI chips and the servers they powerâNvidia,... Read more âș
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Greetings from Los Angeles, where Iâve taken up a new residence after a cross-country road trip from New York. During a tour of a defunct U.S. Steel mill in Pittsburgh and a visit to the uranium boom-and-bust town of Moab, Utah, I spent time thinking about the technology that has reshaped national security, industrialization, energy and geopolitics. That sounds a lot like what I want to cover from my new... Read more âș
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Soaring debt levels at companies funding the artificial intelligence boom have passed notable benchmarks, Goldman Sachs and JPMorgan Chase both said this week, marking a note of caution as tech companies increasingly turn to the credit markets to support the costs of developing AI. AI-related ... Read more âș
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Tesla announced a downgraded version of its Model Y sports utility vehicle on Tuesday that will sell for $40,000 in the U.S., $5,000 less than the cheapest version of the existing Model Y. The new model represents a bid by Tesla to juice sales following the expiration of a $7,500 U.S. tax credit ... Read more âș
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Stoke Space, a startup building reusable rockets that are smaller than SpaceXâs, is raising hundreds of millions of dollars in a funding round that would value it at nearly $2 billion, roughly double its last private round, two people familiar with the matter said. The new lead investor is Thomas Tullâs U.S. Innovative Technology Fund, one of the people said. Investors consider Stokeârun by Andy Lapsa, an alum of Jeff... Read more âș
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24.10.2025 10:11
Last update: 10:05 EDT.
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