Microsoft said Monday that xAI’s 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 didn’t disclose the details of its financial arrangement with xAI. Microsoft shares 20% of ... Read more ›
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Earlier today we published a deep dive on Perplexity’s financials. The three-year-old startup’s 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 ›
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Artificial intelligence–powered 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 ›
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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 Nvidia’s chips with chips designed by other vendors. Previously, Nvidia only ... Read more ›
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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 ›
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Nvidia is in advanced talks to invest in PsiQuantum, a quantum computing startup, according to a person involved in the discussions. The investment would be the latest signal that Nvidia has shifted its stance on quantum computing after CEO Jensen Huang earlier this year seemed to cast doubt on the field, saying it was likely two decades away from being useful technology. The talks come as PsiQuantum is in the... Read more ›
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Young people’s interest in social media and video games has cut into the leisure time previous generations spent drinking, says Atsushi Katsuki, the chief executive of Asahi, a Japanese beer company. The increasing amount of time spent on digital entertainment outweighs a growing trend for ... Read more ›
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The U.S. government is scrutinizing Apple’s plan to work with Chinese tech giant Alibaba to release AI features in China, The New York Times reported. U.S. officials are worried the deal will help Alibaba improve its AI capabilities, broaden the reach of Chinese chatbots that censor ... Read more ›
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Jeff Hulse, a Microsoft vice president who oversees roughly 400 software engineers, told the team in recent months to use the company’s artificial intelligence chatbot, powered by OpenAI, to generate half the computer code they write, according to a person who heard the remarks. That would represent an increase from the 20% to 30% of code AI currently produces at the company, and shows how rapidly Microsoft is moving to... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The AI euphoria—and peril—driving ServiceNow’s Bill McDermott• The Top 5: Silicon Valley’s most exotic fitness goals• Plus, our Recommendations: A wager to save a dad; “Fargo” in Maine; and a band of brothers from Down UnderLately, I’ve lived exactly as Brian Chesky might want. Yet the experience has been deeply imperfect and a reflection of what could derail his megagrowth plans.While visiting... Read more ›
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When normies want to set lofty fitness goals for themselves, they train for half- or full-marathons. If they’re feeling ambitious, perhaps they shoot for a triathlon or a Tough Mudder. For the type A personalities of tech, though, those events are sometimes warmups, literally, for even more extravagant athletic feats. Last Friday night, for example, Randi Zuckerberg—an early Facebook employee and the host of a tech-themed radio show on SiriusXM—crossed... Read more ›
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Google at some point considered acquiring Netflix, Google CEO Sundar Pichai said in a podcast interview that aired Friday. “We debated Netflix at some point super intensely inside,” Pichai said, adding: “I wouldn’t call it regrets, but you always look back.” Pichai didn’t specify when ... Read more ›
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Misery loves company, as they say. Friday’s announcement that two of the three biggest cable-broadband firms, Charter Communications and Cox Communications, are combining is a logical next step in the consolidation of a stagnant but still significant industry. Charter, whose biggest shareholder is controlled by aging cable magnate John Malone, is buying Cox Communications for $34.5 billion in cash, stock and assumption of debt. The resulting company, which will take... Read more ›
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Qualcomm, known for designing and licensing smartphone processors, said earlier this week it would develop data center chips for artificial intelligence, starting in Saudi Arabia. The move adds Qualcomm to the long list of challengers to Nvidia, whose chips dominate the AI data center market. ... Read more ›
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Chobani said in a statement Friday it had acquired smoothie and frozen meal startup Daily Harvest, marking the latest dealmaking activity among healthy food startups. Terms of the deal weren’t disclosed. Food companies have been active in buying up health-focused startups in recent months, ... Read more ›
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OpenAI said Friday it released an artificial intelligence coding “agent” that can automate software engineering tasks such as fixing bugs and answering questions about a codebase. It’s following startups including Anthropic and Cognition that have released similar coding assistants. The coding ... Read more ›
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Late on a Friday night in March, Bill McDermott, ServiceNow’s CEO, walked off a flight in San Jose, Calif., and then immediately asked his chief of staff to get his top sales and engineering execs on the phone. He had a task for them. McDermott had just spent a week in New York meeting with customers, including the heads of banks and a sports league. They’d told him they had... Read more ›
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ByteDance is targeting revenue growth of about 20% this year, which could help it catch up to rival Meta Platforms, according to Bloomberg. The TikTok parent company expects revenue to rise to about $186 billion in 2025, up from $155 billion last year, Bloomberg reported. Meta expects about $187 ... Read more ›
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Logistics startup Stord said Friday it raised $80 million in equity funding at a $1.5 billion valuation, as well as $120 million in debt financing, likely setting up the company to acquire more U.S. warehousing operations. Stord provides fulfillment and warehousing services to help merchants ... Read more ›
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Two of the biggest cable TV and broadband operators, Charter Communications and Cox Communications, are combining, in a sign of how the decline of cable TV and competition in broadband is forcing another stage of consolidation. Charter is buying Cox in a deal that values Cox at $34.5 ... Read more ›
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06.11.2025 10:11
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