In just over two months, the new stablecoin law has upended crypto markets, giving a group of new competitors a chance to wrest control from the industry’s two dominant companies, Tether and Circle. The biggest disruptor has been Stripe, which is benefiting from its well-timed $1.1 billion acquisition of stablecoin infrastructure startup Bridge earlier this year. Anchorage Digital, the only digital assets firm with a federal trust charter, is also... Read more ›
0
Anthropic, the startup known for its Claude AI models, is accelerating international expansion with a plan to open an office in India by next year, the second in Asia after Tokyo. Anthropic CEO Dario Amodei is visiting India this week to meet with public officials and enterprise partners, the ... Read more ›
0
CoreWeave CEO Michael Intrator said Tuesday that the cloud provider will not change its $9 billion bid for Core Scientific ahead of a shareholder vote scheduled for October 30. Two Seas Capital said last month it would vote against the deal and urged other shareholders to do so. The hedge fund, ... Read more ›
15
Nvidia CEO Jensen Huang said Tuesday that Oracle, one of its largest customers, is going to be “wonderfully profitable” from renting out Nvidia artificial intelligence chips to cloud customers. Huang’s comments, made during an interview with Jim Cramer on CNBC’s Investing Club, were in response ... Read more ›
0
In years to come, we might look back at this period in tech as one in which the entire industry was in the grip of a mass delusion, namely the idea that artificial intelligence would prove to be good for business. Of course, it’s still early days. But so far, AI has proven lucrative primarily for the companies involved in making and selling AI chips and the servers they power—Nvidia,... Read more ›
1
Greetings from Los Angeles, where I’ve taken up a new residence after a cross-country road trip from New York. During a tour of a defunct U.S. Steel mill in Pittsburgh and a visit to the uranium boom-and-bust town of Moab, Utah, I spent time thinking about the technology that has reshaped national security, industrialization, energy and geopolitics. That sounds a lot like what I want to cover from my new... Read more ›
0
Soaring debt levels at companies funding the artificial intelligence boom have passed notable benchmarks, Goldman Sachs and JPMorgan Chase both said this week, marking a note of caution as tech companies increasingly turn to the credit markets to support the costs of developing AI. AI-related ... Read more ›
0
Tesla announced a downgraded version of its Model Y sports utility vehicle on Tuesday that will sell for $40,000 in the U.S., $5,000 less than the cheapest version of the existing Model Y. The new model represents a bid by Tesla to juice sales following the expiration of a $7,500 U.S. tax credit ... Read more ›
0
Stoke Space, a startup building reusable rockets that are smaller than SpaceX’s, is raising hundreds of millions of dollars in a funding round that would value it at nearly $2 billion, roughly double its last private round, two people familiar with the matter said. The new lead investor is Thomas Tull’s U.S. Innovative Technology Fund, one of the people said. Investors consider Stoke—run by Andy Lapsa, an alum of Jeff... Read more ›
0
Semiconductor giant Qualcomm announced Tuesday that it will acquire Arduino, the Italian electronics company known for its affordable circuit boards that are popular with hobbyists. The price of the deal was not announced. The companies also announced the Uno Q, a new circuit board that includes ... Read more ›
0
Over the past year, companies have been tinkering with generative artificial intelligence to create customized agents that automate complex tasks, but they’ve gotten mixed results. Now, OpenAI is pushing a new suite of tools to make the assembly of agents easier, and to peel customers away from competitors like Anthropic and Google.OpenAI on Monday announced Agent Builder, a set of tools for configuring agents to resolve IT support tickets or... Read more ›
36
Internal Oracle documents revealed the challenging financials behind the booming artificial intelligence cloud industry, which focuses on renting out Nvidia server chips to AI developers such as OpenAI, Meta and xAI. In the three months ending in August, Oracle’s rental of Nvidia-powered servers ... Read more ›
0
The history of art is the history of technology. And generally, each time technology has advanced and helped a new medium flourish, the legal system has evolved to support the artists pushing the boundaries of human creativity. Yet our approach to the newest frontier—works created with generative artificial intelligence—threatens to unwind over 100 years of legal precedent, endangering emerging artists and stagnating creativity. Policymakers and courts should recognize media created... Read more ›
3
Oracle became the best-performing megacap stock of 2025 after its executives said last month that the once-sleepy database firm will generate an astonishing $381 billion in revenue from renting out specialized cloud servers to OpenAI and other artificial intelligence developers over the next five fiscal years. But internal documents show the fast-growing cloud business has had razor-thin gross profit margins in the past year or so, lower than what many... Read more ›
156
Dell doubled its forecast annual revenue growth rate, to between 7% and 9%, and doubling its earnings growth rate to at least 15%, as it cashes in on the demand for AI chip-powered servers. Dell shares were trading up 2.7% on Tuesday morning. Dell is one of a few server makers that package ... Read more ›
2
International Exchange, the owner of the New York Stock Exchange, will invest up to $2 billion in Polymarket, the prediction market that is aiming to return to the U.S. The investment values Polymarket at $8 billion before the new money and gives it the backing of one of the world’s biggest ... Read more ›
0
OpenAI on Monday unveiled its biggest-yet effort to bring all of the web’s consumer activities directly into ChatGPT, as it aims to turn the chatbot into a so-called superapp that people can use to control any app in their lives—similar to Facebook’s efforts from 15 years ago. But before we get too excited, we should remember we’ve been here before. The “apps in ChatGPT” feature allows people to access apps... Read more ›
3
When Elon Musk takes the stage at Tesla’s annual meeting next month, one the centerpieces of his plan to impress shareholders will be a dancing troupe of Optimus bots, the humanoid machines that he says will eventually eclipse Tesla’s electric vehicle business, which is suffering from flagging sales growth. Behind the scenes, however, the Optimus program has been embroiled in technical problems. Targets Musk set for Tesla to make thousands... Read more ›
2
Elon Musk’s XAI has hired Anthony Armstrong, a former Morgan Stanley banker, as the artificial intelligence startup’s new CFO, according to the Financial Times. Armstrong replaces Michael Liberatore, who had left xAI for OpenAI amid an exodus of senior staff. Armstrong had advised on Musk’s $44 ... Read more ›
0
Sam Altman’s “Everything Everywhere All at Once” strategy for OpenAI was on full display on Monday. Early in the day, the ChatGPT creator revealed that it will work with Advanced Micro Devices to use that company’s artificial intelligence chips, the latest example of OpenAI’s wide-ranging efforts to assure itself of more computing capacity. The news sent AMD’s stock rocketing 24% and surely irritated Nvidia CEO Jensen Huang a little. While... Read more ›
0
Most popular sources
Business Insider
|
38% 22 |
MacRumors
|
15% 6 |
Gizmodo
|
7% 3 |
Tom's Hardware
|
5% 1 |
Android Authority
|
5% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
24.10.2025 17:13
Last update: 17:05 EDT.
News rating updated: 00:02.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.