Things have never been better for Shopify. The e-commerce firmâs 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 âș
71
Creators have been cashing in on the ecommerce boom for at least a decade, by recommending links to products and taking a cut of any resulting purchase. Itâs been harder for TV firms to take advantage. Shopsense AI, a startup founded early last year by former Amazon and Klarna executives, is trying to change that. The company has been making it easier for viewers to shop for everything they see... Read more âș
0
Abridge, a seven-year-old startup that sells artificial intelligence software for transcribing physiciansâ conversations with patients, is in discussions with investors to raise hundreds of millions of dollars at around a $5 billion valuation before the investment, according to two people with knowledge of the plans. The funding would nearly double Abridgeâs last private valuation, announced three months ago. At the same time, younger rival Ambience Healthcare is raising capital that... Read more âș
0
XAI is building another artificial intelligence data center, which is expected to hold one million Nvidia artificial intelligence chips, Elon Musk said during an interview with CNBC on Tuesday. Musk said the data center will be in a âlocation just near Memphis,â where xAI has a cluster of over ... Read more âș
0
Google on Tuesday unveiled a partnership with Warby Parker to introduce smart glasses, posing a major threat to Meta Platformsâ market lead in smart glasses. The glasses were among a slew of new products and features announced at its I/O developer conference on Tuesday. Much of Tuesdayâs presentation showed how Google is moving ahead on multiple fronts to defend its most important business of search advertising from incursions by ChatGPT... Read more âș
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Google is working with Warby Parker to develop AI-powered smart glasses, the companies said Tuesday, sending shares in the eyewear company up more than 14%. The move puts Google in direct competition with Meta, which launched its smart Ray-Ban glasses in late 2023. The glasses, which allow users ... Read more âș
0
Google will start rolling out AI Mode, its chatbot-style search tab, to all users in the United States starting Tuesday, search chief Liz Reid announced. The announcement was part of a bevy of AI product announcements at Google I/O, the companyâs annual developer conference. Soon, Google Search ... Read more âș
0
Microsoft, Salesforce and numerous startups have talked up the idea of an artificial intelligenceâpowered coach that gives feedback to salespeople about their pitches to customers. Databricks is one of the few companies to actually use such a product at scale. Earlier this year, the data-analysis software provider gave 1,000 employees in its sales group access to an AI sales coach from Yoodli, a small startup. Read more âș
0
Elon Musk said heâs committed to remaining chief executive of Tesla for at least five years because he wants sufficient oversight of the car maker as it pivots to humanoid robots. Musk said he wanted âsufficient voting control such that I cannot be ousted by activist investors⊠Itâs not a money ... Read more âș
2
The European Union is planning to put a tax of 2 euros, or $2.25, on individual packages shipped directly to consumers from outside the bloc, the Financial Times reported Tuesday. That would represent a blow to low-cost online shops like Temu, Shein and Amazonâs Haul storefront, which are ... Read more âș
0
How Elon Muskâs xAI plans to make money is one of the big questions in the AI world right now. Musk hasnât said much and even investors in the company donât seem to know many details, given the vague statements they made when asked about it at our Financing the AI Revolution conference last month. We have one answer: XAI plans to use data from government agencies to build AI... Read more âș
1
For many merchants selling on Amazon, a 90-day pause in steep U.S. tariffs on China should be a chance to stockpile inventory. But Amazon has already grown cautious about letting goods pile up in its warehouses, as it tries to keep its massive logistics and commerce business running efficiently amid trade turmoil. In recent weeks, Amazon told some merchants it was cutting the amount of space they can use in... Read more âș
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Perplexity, the three-year-old startup that has raised nearly $900 million in just over a year, has been using some of its venture capital windfall to make acquisitions or hire staff from struggling startups, The Information reported Monday. The startup bought Sidekick, a six-year-old startup ... Read more âș
0
Biotechnology company Regeneron agreed to buy the assets of 23andMe, the DNA testing company that filed for bankruptcy in March, for $256 million. Thatâs just 4% of the San Francisco-based startupâs peak valuation as a public company in 2021. Publicly held Regeneron discovers new drugs using ... Read more âș
0
Uh-oh. Weâre in conference hell, one of those periods of the year when tech companies try to seize control of the news cycle with a seemingly never-ending stream of product announcements (many incomprehensible to ordinary folks) and/or partnership deals. Today Microsoft kicked off its Build developer conference (not to be confused with its Ignite conference in November). Tomorrow Google starts I/O. No one will be surprised that AI is the... Read more âș
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United Arab Emirates-backed investment firm MGX and Franceâs sovereign wealth fund are building a 1.4 gigawatt artificial intelligence data center near Paris they said will be the largest in Europe. MGX, Franceâs sovereign-wealth fund Bpifrance, Paris-based AI company Mistral and Nvidia formed a ... Read more âș
2
Microsoft said Monday that xAIâs Grok artificial intelligence models were now available to buy through its cloud server unit Azure as it continues to try to diversify its AI business from OpenAI. Microsoft didnât disclose the details of its financial arrangement with xAI. Microsoft shares 20% of ... Read more âș
0
Earlier today we published a deep dive on Perplexityâs financials. The three-year-old startupâs AI powered search engine has made it one of the most highly valued and fastest growing AI startups. Supporting that growth is expensive. As a sign of its growing popularity, the number of questions people have asked the search engine increased five-fold, to 460 million, in December from the year-earlier period, the company has told investors. Perplexity... Read more âș
3
Artificial intelligenceâpowered search engine Perplexity has rapidly increased its subscription revenue and users in the past year, despite tough competition from the free AI search tools of Google and OpenAI. Previously unreported financials show the cost of that growth. Perplexity generated $34 million in revenue last year. But it burned about $65 million in cash as it spent heavily on cloud servers and AI models from Anthropic and OpenAI, which... Read more âș
3
Nvidia CEO Jensen Huang said Monday that the company will allow customers to combine its own hardware with that of other vendors for its AI servers. The new offering, known as NVLink Fusion, allows customers to pair Nvidiaâs chips with chips designed by other vendors. Previously, Nvidia only ... Read more âș
0
Nvidia is in advanced talks to invest in PsiQuantum, a quantum computing startup, The Information reported on Sunday. The talks come as PsiQuantum is in the process of raising at least $750 million in a funding round. The investment would be the latest signal that Nvidia has shifted its stance ... Read more âș
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Most popular sources
Business Insider
|
45% 10 |
Wired
|
9% 7 |
Vox
|
8% 6 |
Eurogamer.net
|
7% 6 |
MacRumors
|
6% 1 |
| View sources » | |
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05.11.2025 19:22
Last update: 19:15 EDT.
News rating updated: 02:12.
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