Each new month of the AI boom has brought along with it a new “AI startup flavor of the month” for venture capitalists to drool over. The latest one, VCs tell me, are startups building AI voice agents for various verticals, from hotels to hospitals.Up until recently, AI software that can understand and respond with human speech has largely been too slow or error-prone to use in any real way... Read more ›
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Protein bar startup David announced $75 million in fresh funding and the acquisition of ingredient supplier Epogee Thursday. Inclusive of the new funding, David’s valuation is now $725 million, cofounder and CEO Peter Rahal said in an interview. David is among the startups that have leaned into ... Read more ›
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The year 2025 was supposed to bring a cash windfall to venture capital backers, as companies that had delayed going public finally made the leap. That hasn’t happened. With a roller-coaster stock market delaying many long-anticipated initial public offerings, the limited partners in VC funds have been finding new ways to cash out of their stakes in private tech firms. Some are selling their ownership of VC funds. The VC... Read more ›
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The attorney general of Delaware, where OpenAI is incorporated, is in the process of hiring an investment bank to help assess the value of OpenAI’s charitable assets, The Wall Street Journal reported Wednesday. Delaware AG Kathy Jennings, as well as the attorney general for California, where ... Read more ›
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The U.S. government recently ordered American vendors that sell software for chip design to obtain export licenses first before selling to China, the Financial Times reported, citing people familiar with the move. The new policy could further hurt American chip-design software companies and ... Read more ›
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Elon Musk is leaving the Trump administration after a tumultuous period leading an effort to cut government spending that involved dismantling federal agencies and laying off thousands of federal workers. Musk posted to X on Wednesday that his time as a special government employee was ... Read more ›
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Well, this is inconvenient. Despite President Donald Trump’s order in April immediately blocking Nvidia from selling AI chips to China, the AI chipmaker reported another stellar quarter through the end of April. Revenue rose 69%, while free cash flow soared 75% to $26 billion, more than either Apple or Google throws off. Nvidia said the Trump order cost Nvidia $2.5 billion in lost sales in the April quarter and will... Read more ›
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Salesforce shares rose nearly 2% after its first-quarter earnings report, as the software provider exceeded its revenue forecast by more than $60 million and bumped up its full-year forecast by $400 million. While Salesforce’s revenue growth has slowed in recent years, that’s poised to ... Read more ›
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Fashion and culture magazine Nylon has launched a new membership program for creators—paid for by advertisers. It’s an effort by Nylon’s parent company, Bustle Digital Group, to take advantage of advertisers’ growing interest in experiential, in-person events, as well as working with influential creators on Instagram, TikTok and other social media apps.Bustle’s founder and CEO Bryan Goldberg said Nylon has spent years developing relationships with creators, celebrities and tastemakers in... Read more ›
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Elon Musk sought to block an OpenAI deal to build a huge artificial-intelligence data center in Abu Dhabi, The Wall Street Journal reported Wednesday. According to the report, Musk on a call told officials from AI firm G42, which is developing the data center site, that the plan would not get ... Read more ›
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Nvidia on Wednesday projected that the Trump administration’s new export controls, preventing it from selling chips to the Chinese market, would cost it $8 billion in revenue in its second quarter ending July, roughly 15% of what its revenue would have been otherwise. Even so, Nvidia projected ... Read more ›
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Tesla is targeting June 12 to launch its driverless taxi service in Austin, Texas, Bloomberg reported Wednesday, noting that the date was still subject to change. Elon Musk has said the long-anticipated service would include about 10 Model Y cars operating in a limited part of the city where ... Read more ›
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Dbt Labs, a 9-year-old startup backed by Andreessen Horowitz and Sequoia Capital, launched a new version of its main product, which lets data analysts extract business insights from corporate data, such as customer purchasing patterns and supply chain operations. The new product, called Fusion, ... Read more ›
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Shein is considering switching its planned initial public offering from London to Hong Kong, according to news reports Wednesday. The fast-fashion giant is weighing the switch because its Chinese securities regulators haven’t yet approved a London IPO, the reports said. Shein had received ... Read more ›
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Reed Hastings, cofounder and former CEO of Netflix, has joined Anthropic’s board of directors, the company announced in a blog post on Wednesday. Hastings joins the four existing directors on Anthropic’s board, which include CEO Dario Amodei, president Daniela Amodei, Spark Capital general ... Read more ›
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Telegram founder Pavel Durov said Wednesday that his messaging app will offer access to Grok, the AI chatbot from Elon Musk’s xAI. The deal expands Grok’s distribution to Telegram’s more than one billion users. XAI will pay Telegram $300 million in cash and equity as part of the deal, as well as ... Read more ›
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A new front has opened in the AI race between the U.S. and China. A six-month old Chinese startup has jumped into the market for coding assistants aimed at amateurs, hoping to make a global splash the way Chinese firms DeepSeek and Manus did in open-source models and AI that controls web browsers, respectively.YouWare, created by a 20-person team based in Shenzhen, has garnered tens of thousands of daily active... Read more ›
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Instacart named Chris Rogers, its chief business officer, to succeed Fidji Simo as CEO. Simo had previously said she would leave to join OpenAI. On Wednesday, Instacart said in a securities filing that her departure was effective on Aug. 15. Rogers, who is based in Canada, has been with ... Read more ›
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Artificial intelligence is ready to disrupt the $1.2 trillion U.S. e-commerce industry. And ad giants, retailers and payment companies are bringing in reinforcements. The Information tracked 14 executives leading key products and partnerships at the center of an AI-driven shift in how people shop for and buy things online. These include Prakhar Mehrotra, whom PayPal recently hired in a new AI role for the payments company, and Carl Rivera, who... Read more ›
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After six weeks of testimony, the trial for the Federal Trade Commission’s antitrust lawsuit against Meta Platforms concluded on Tuesday. Both sides can now file additional briefs in the case this summer. Judge James Boasberg, who is presiding over the case, will then issue an opinion on whether ... Read more ›
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Most popular sources
Business Insider
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30% 28 |
MacRumors
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11% 7 |
Wired
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10% 4 |
Eurogamer.net
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7% 6 |
Vox
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6% 3 |
| View sources » | |
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06.11.2025 05:14
Last update: 05:06 EDT.
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