Chinese officials in the past two months told some of the country’s top technology companies that the government will take a more active role in overseeing their data centers for artificial intelligence and the specialized chips for developing the technology, according to two people involved in the conversations. The Chinese government wants companies to build new data centers in specific locations that give authorities greater visibility into their operations, these... Read more ›
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President Donald Trump said he has asked Apple CEO Tim Cook to pull back on plans to shift iPhone production to India from China and to concentrate on expanding production in the U.S., Bloomberg reported. While on a visit to the Middle East, Trump told reporters that he talked with Cook about ... Read more ›
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Shares of Nebius, which runs data centers for artificial intelligence, have risen 30% since Friday, when The Information reported that database startup ClickHouse was in talks to raise money at a price that would triple its valuation. Nebius owns a 28% stake in ClickHouse. Nebius was formerly ... Read more ›
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How much motivation does a company founder need to make their company a success? In the case of Chime, a fintech firm whose mission is to offer banking services to lower-income people, quite a lot, it seems. When Chime filed paperwork to go public on Tuesday, it revealed that last month it awarded co-founders Chris Britt (who is also CEO) and Ryan King special stock grants totalling 4 million and... Read more ›
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CoreWeave, which rents out Nvidia AI chips to large firms such as Microsoft, said in its first earnings report as a public company that it generated $980 million in revenue in the three months ending in March, up more than five times from the same period a year earlier. But investors soured on ... Read more ›
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I checked out LTK’s splashy event for advertisers in New York this week. The gathering, planned to coincide with upfronts held by big media companies, highlighted the creator marketing startup’s ambitions to command serious ad dollars.LTK, founded in 2011 and last valued at $2 billion, is one of the more established creator marketing companies. It started out providing affiliate links, which creators add to their posts to collect a cut... Read more ›
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Summer Mersinger, a pro-crypto Republican commissioner at the Commodity Futures Trading Commission, will resign at the end of this month to join trade group Blockchain Association as its new chief executive officer. Her term was set to end in 2028. Mersinger will start as CEO on June 2, taking ... Read more ›
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Microsoft is shutting down its ad buying platform, the company said today, withdrawing from a sector of the ad market that it has failed to make a dent in. Marketers use ad buying platforms to buy ad space on independent web sites, an ad technology business dominated by Google and smaller firms ... Read more ›
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Stock and crypto trading app eToro jumped 34% when it debuted on Nasdaq on Wednesday, a bullish sign for future initial public offerings following the tariff-induced market selloff last month. The Israel-based company and its shareholders raised $620 million at the IPO price of $52 per share, ... Read more ›
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Databricks confirmed its acquisition of database startup Neon for around $1 billion, pitching it as a way for customers to build AI agents that need speedy and cost-effective access to cloud databases. With the deal, Databricks is betting that agents will become a major part of corporate AI ... Read more ›
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Waymo recalled software last December in more than of its 1,200 self-driving cars produced between spring of 2022 and last November after a bug caused collisions with chains, gates and other roadway barriers, according to a report made public Monday by the National Highway Traffic Safety ... Read more ›
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Long before Donald Trump entered the White House for a second time, it was becoming clear we were entering a radically different world. Rising nationalism and increased cross-border friction were replacing the open, interconnected system that reigned supreme for three decades. Even in 2015, prior to President Trump’s first term, President Xi Jinping was laying out a “Made in China” strategy to boost the country’s high-tech manufacturing. By now, most... Read more ›
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Warner Bros. Discovery is renaming its streaming service HBO Max, reversing a decision made two years ago to drop HBO from the name, reflecting its emphasis on quality programming over volume. In a statement, WBD said it was “deprioritizing” genres of programming that didn’t get much engagement ... Read more ›
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A top executive of Chinese tech giant Tencent Holdings said the company’s existing stockpile of artificial intelligence chips should allow it to continue training a few more generations of AI models, despite tightening U.S. restrictions on the export of Nvidia chips to China “We have a ... Read more ›
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Perplexity is adding PayPal and Venmo checkout buttons in its subscription AI chatbot, the companies said on Wednesday, adding a new way for Perplexity users to pay for goods and services they find using AI tools. Perplexity has already struck a deal with Shopify to add checkouts in Perplexity’s ... Read more ›
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The race to develop reasoning models that “think” harder is at full force. At Anthropic, which arrived later than OpenAI and Google to the reasoning race, two upcoming models are taking the concept of “thinking” to the extreme.Anthropic has new versions of its two largest models—Claude Sonnet and Claude Opus—set to come out in the upcoming weeks, according to two people who have used them. What makes these models different... Read more ›
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Artificial intelligence depends on Nvidia’s computer chips. Nvidia depends on Taiwan Semiconductor Manufacturing Co. to make those chips. Right now, TSMC is in many ways the better way to invest in AI for the long term. TSMC and Nvidia are closely linked in business and in the stock market. Both companies’ stocks have soared on the back of the AI boom and both are down this year, partly as a... Read more ›
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Arista Networks is in the process of acquiring VeloCloud, a Broadcom business unit that sells networking software and hardware to customers such as telecommunications service providers, according to a person with direct knowledge of the deal. The acquisition price couldn’t be learned but it is ... Read more ›
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TikTok has been working on a new feature that will allow U.S. users aged 16 and over to share photos through direct messages inside the app, The Information reported. Under TikTok’s current policy, users can share TikTok videos as well as send and receive text messages with friends over direct ... Read more ›
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General Atlantic, a New York investment firm that backs mid-stage startups such as artificial intelligence startup Runway, last year distributed $3.9 billion to its limited partners, the lowest amount in five years, and 40% of its target, The Information reported Tuesday. The disclosure ... Read more ›
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Most popular sources
Business Insider
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21% 11 |
MacRumors
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17% 12 |
Tom's Hardware
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9% 8 |
Vox
|
6% 2 |
Wired
|
6% 17 |
| View sources » | |
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06.11.2025 12:36
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