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 ›
71
In recent months, John Coogan and Jordi Hays, co-hosts of “TBPN,” a daily tech news talk show that has captured the attention of Silicon Valley’s investors and founders, have followed the same morning routine. The two men meet in downtown Los Angeles at the members-only Jonathan Club to work out, then sauna together while reading print copies of The Wall Street Journal. The image of Coogan, 36, and Hays, 29,... Read more ›
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Hollywood used to shrug off social media influencers. But in the last year, five big streaming services, including Netflix, Amazon Prime Video and Hulu, between them have announced or released more than 25 new shows featuring creators, ranging from reality TV series to scripted comedies to licensing deals. And streaming services hope to strike even more deals with popular creators, seeing them as a less risky bet than paying a... Read more ›
14
OnlyFans’ owner Fenix International is in discussions to sell the subscription platform, best known for explicit content, to an investor group at a valuation of about $8 billion, Reuters reported. The investor group is being led by Los Angeles-based investment firm Forest Road Company, but it’s ... Read more ›
0
Lawyers representing Elon Musk in his breach of charitable trust lawsuit against OpenAI amended their claims that OpenAI has violated and conspired to violate the Racketeer Influenced and Corrupt Organizations Act and breached an “implied covenant of good faith and fair dealing.” The judge ... Read more ›
0
Waymo’s gross bookings, or the amount customers pay to take the robotaxi service, will almost triple this year to $230 million and rise another 61% next year to $370.4 million as the robotaxis expand to more cities, TD Cowen analysts predicted in a report published Thursday. This surge in paying ... Read more ›
0
Is it animal, mineral or vegetable? OpenAI’s public declaration of its plan to roll out AI-specific hardware devices—as a result of its $6.5 billion purchase of Jony Ive’s startup, io—has sparked the predictable rush of people speculating on what the first such device will be. And we’re not just talking about journalists. Taiwan-based analyst Ming-Chi Kuo suggested in this X post on Thursday that the device could be similar in... Read more ›
2
A new Anthropic model, Claude Opus 4, can use its access to a user’s email app to report a customer to law enforcement or submit a whistleblower report to a news outlet if it detects that it is being used for “egregious wrongdoing,” the company disclosed a technical report released Thursday ... Read more ›
0
Elad Gil, the prolific investor known for placing early bets on Airbnb and Stripe, says he’s been backing ventures buying mature businesses and incorporating artificial intelligence into their work. Now we know the identity of one of them.Gil recently led a funding round in Enam Co., a one-year-old AI startup focusing on worker productivity, according to a person familiar with the deal. The investment valued it at more than $300... Read more ›
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Hollywood has found a new source of inspiration on YouTube. In the latest deal to bring the internet onto living room screens, “Transformers” director Michael Bay is making the viral “Skibidi Toilet” meme into a movie. Hollywood studios are also trying to figure out how to gain fans on the internet, which can ultimately drive viewership of shows on streaming sites and TV networks. A New York-based startup is trying... Read more ›
3
Microsoft has struck a deal with Anthropic to use the startup’s models to power new AI agent features in its GitHub Copilot product, the company said on Thursday. The move reflects Microsoft’s willingness to branch out from OpenAI, whose models Microsoft has the rights to reuse in its products ... Read more ›
1
OpenAI said it will build a data center in the United Arab Emirates through its Stargate joint venture with SoftBank, confirming The Information’s earlier reporting. The company said Thursday that the initiative is intended to “help interested governments build sovereign AI capability in ... Read more ›
0
Anthropic on Thursday announced new versions of its two largest models, Claude Opus 4 and Claude Sonnet 4, according to a blog post. The Information first reported on the model launches earlier this month. The latest models are better at complex, long-running coding tasks and remembering past ... Read more ›
0
The Department of Justice is investigating whether Google’s $2.7 billion deal to license technology from the AI startup Character.AI and hire many of its employees violated antitrust law, Bloomberg reported on Thursday. As part of the Character deal, Google hired both of Character’s cofounders. ... Read more ›
0
I’m in Seattle this week for Microsoft’s annual Build conference, where the software behemoth has announced a slate of new artificial intelligence–infused products meant to get developers to build and purchase AI agents from Microsoft’s Azure cloud.Specifically, Microsoft is leaning into the idea of advanced AI chatbots that are capable of carrying out increasingly complex tasks on their own, such as automatically monitoring a web server for outages and patching... Read more ›
0
JPMorgan Chase has agreed to lend more than $7 billion to the firms building OpenAI’s giant artificial intelligence data center campus in Abilene, Tex., according to two people with direct knowledge of the deal. The deal with JPMorgan, which has not been previously reported, reflects continued interest from lenders and investors in backing the physical infrastructure needed to develop advanced AI software. Read more ›
4
OpenAI’s been on a shopping spree.First, a $3 billion bid for Windsurf, the maker of a popular AI coding assistant formerly known as Codeium. And now, a whopping $6.5 billion acquisition of io, the AI device startup OpenAI CEO Sam Altman and former Apple design chief Jony Ive have been working on for a couple of years.That second deal shouldn’t have come as a surprise to our readers, given that... Read more ›
6
OpenAI CEO Sam Altman told staff Wednesday that he was aiming to ship 100 million AI “companions,” as a result of the company’s $6.5 billion acquisition of io, the AI device startup started by Apple’s former design chief Jony Ive, according to a report from the Wall Street Journal. It’s not ... Read more ›
0
Last year, startup employees and early investors sold billions of their shares to other investors in private transactions—more than the amount raised by tech public offerings. With the public markets choppy, keeping initial public offerings at a minimum, that dynamic is expected to repeat this year. Defense startup Anduril, which arranged for investors to buy around $100 million in shares from employees at the beginning of this year, plans to... Read more ›
9
Crusoe, which is developing OpenAI’s data center in Abilene, Tex., expanded its joint venture with asset manager Blue Owl Capital, raising $11.6 billion to help fund the rest of the project, the companies announced on Wednesday. Crusoe and Blue Owl previously announced a $3.4 billion ... Read more ›
0
Tesla released a compilation video Tuesday of its Optimus humanoid robots that it says autonomously performed a variety of tasks, including throwing a trash bag into a bin and vacuuming the floor. Tesla’s CEO Elon Musk posted the video with the caption “the biggest product ever.” Musk has said ... Read more ›
0
Most popular sources
Business Insider
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45% 12 |
Wired
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8% 8 |
Gizmodo
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8% 4 |
Vox
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7% 5 |
Eurogamer.net
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7% 6 |
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05.11.2025 17:12
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