Last month, Elon Muskâs X laid off half of the engineering team tasked with building and running systems to fight spam, influence campaigns and illegal content, among other trust and safety issues, according to two people with direct knowledge of the cuts. The team had already been whittled down to less than 20 people before the layoffs, compared to more than 100 from before Musk acquired the company, then known... Read more âș
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The Trump administration is considering approving sales of Nvidiaâs H200 artificial intelligence chips to China, according to two people familiar with the discussions. The H200 is roughly twice as powerful as the China-tailored H20 and is designed specifically for training large AI models, for ... Read more âș
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The Ellison family will have plenty to talk about when they convene for Thanksgiving this week (assuming they do!). The price of Oracle has plummeted in the past six weeks, for one thing, reflecting AI bubble jitters centering on Oracle. In the same period of time, Larry Ellison and his son David have beenâby all accountsâbusy plotting the roughly $90 billion takeover of Warner Bros. Discovery. Their interestâconveyed through the... Read more âș
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All of the big tech companies have long been cash geysers. But the rate at which Nvidiaâs cash production has exploded in the past couple of years is on a whole different level than other companies have experienced. And thatâs raising questions about how Nvidia will spend its fast-expanding cash pile. Nvidiaâs free cash flow has mushroomed from $3.8 billion in the year to January 2023 to an estimated $96.5... Read more âș
20
Waymo cars will soon be able to ferry riders from San Francisco to Los Angeles after the California DMV approved a large new area of the state for the autonomous vehicles. Until this decision, Waymos could operate in Northern California along the San Francisco Peninsula and San Jose and in ... Read more âș
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The White House is pausing plans for an executive order over state AI regulation while it waits to see if Republicans can get a provision included in the National Defense Authorization Act to block state AI regulation, according to a person with knowledge of the situation. A draft copy of the ... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Zach Dellâs Texas-size dream ⹠The Arena: Figure skating launches a comebackâwith AIâą Plus, our Recommendations: âAllison After NXIVM,â âThe Finest Hotel in Kabulâ and âBugoniaâA horrifying thought has lately been immovable from my mind: Am I gonna have to dump ChatGPT for Gemini?Well, Gemini 3 is out, and itâs pretty darn slick: Google has improved the chatbotâs ability to code, search... Read more âș
24
To get inside why Zach Dell believes he will shake up the half-trillion-dollar U.S. power industry and then go global, it helps to take account of whoâs inspiring the moves. That would be his father, Michael Dell, who sold computer parts out of his college dorm at 19, took Dell Computer public four years later and by age 26 had entirely disrupted the personal computer business and become one of... Read more âș
58
Veza, whose software helps businesses monitor employeesâ and AI agentsâ access to internal data, has been talking to potential buyers about a sale that could value the startup at more than $1 billion, according to people familiar with the discussions. A sale at that level would be a premium to its price in April, when investors led by New Enterprise Associates valued the five-year-old startup at $808 million including the... Read more âș
6
Strategy, Michael Saylorâs bitcoin-holding firm, fell 3.7% Friday amid investor concerns that the stock could get excluded from MSCI indexes. Bitcoin fell 2% and is on track for its worst monthly performance since June 2022. Strategy is down 62% from its peak in July this year while bitcoin has ... Read more âș
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Crowdstrike and Salesforce both said this week that they are investigating incidents where hackers attempted to steal internal data, and a hacking group known as Scattered Lapsus$ Hunters has publicly claimed responsibility for both breaches. Salesforce said in an alert to customers that hackers ... Read more âș
6
Of all the places AI is seeping into, a program by a pair of Czech ice dancers angling for a spot at the Winter Olympics in February may be one of the most unexpected. Yet, at last weekendâs Skate America tournament, a major international competition ahead of Milano Cortina 2026, KateĆina MrĂĄzkovĂĄ and Daniel MrĂĄzek performed a program that included music partially composed by AI in the style of the... Read more âș
15
Visa and Mastercard are moving quickly to embrace cryptocurrencies for payments, to take advantage of the rising popularity of stablecoins in developing countries and fend off competition from merchants trying to circumvent their networks. The companies ramped up their crypto payments business overseas and have been looking for acquisitions or investments. Visa wants to invest in stablecoin startups, especially in infrastructure that can help scale its network of banks and... Read more âș
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In an internal memo, OpenAI CEO Sam Altman acknowledged that Googleâs recent progress in artificial intelligence could create âtemporary economic headwindsâ for his company, The Information reported Thursday. The memo anticipated Googleâs launch of its Gemini 3 model, suggesting ... Read more âș
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Weâre moving off the (unresolved) AI bubble debate to a much more fundamental question about AI. That is whether decisions about an enormously costly technology, which threatens to put many people out of work, should be left to tech leaders or discussed more broadly. It turns out Republicans may have the best handle on this issue, most obviously Florida governor Ron DeSantis. Heâs long been vocal about the threat AI... Read more âș
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Google released a new version of its âNano Bananaâ image generation model on Thursday, updating a model that had gone viral earlier in the year. Google highlighted the ability of the new model, dubbed âNano Banana Pro,â to create infographics and posters, as well as its ability to keep elements ... Read more âș
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OpenAI CEO Sam Altman told colleagues last month that Googleâs recent progress in artificial intelligence could âcreate some temporary economic headwinds for our company,â though he added that OpenAI would emerge ahead. After OpenAI researchers heard that Google had created a new AI that appears to have leapfrogged OpenAIâs in the way it was developed, Altman said in the memo that âwe know we have some work to do but... Read more âș
30
For 15 years, Goldman Sachsâ private tech conference in Las Vegas has been the event for taking the pulse of startup dealmaking. Years ago, it was possible to run into founders such as Uberâs Travis Kalanick and Instagramâs Kevin Systrom raising money for their then-small startups. The conference is much bigger now (which makes some investors grumble), but it remains a nexus for investors who want to throw money at... Read more âș
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Physical Intelligence, the robotic AI company, raised $600 million at a $5 billion valuation, excluding the investment, Bloomberg reported Thursday. The Information broke the news of the potential funding round in September. Alphabetâs CapitalG led the round. Existing investors Lux Capital, ... Read more âș
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Waymo said Thursday that itâs added New Orleans, Minneapolis and Tampa to the list of cities where it plans to launch its autonomous ride-hailing service. That brings the total number of new cities where itâs announced launch plans to more than 20, according to the company. For now, Waymo will ... Read more âș
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15.05.2026 15:20
Last update: 15:15 EDT.
News rating updated: 22:12.
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