Splice, a music start-up that uses artificial intelligence to blend audio samples, bought Spitfire Audio for its catalog of tracks and sounds, the companies said Monday. Splice is paying $50 million, according to sources close to the company. The acquisition reflects growing interest in marrying ... Read more ›
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OpenAI is incorporating more shopping features into ChatGPT search results, the company said Monday. For web searches, ChatGPT will now include links to products with images and reviews. The links open up another avenue of competition with Google, whose browser-based shopping feature returns ... Read more ›
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Spotify said on Monday that it paid out more than $100 million to podcast creators and publishers globally during the first quarter. The company said the payouts include both ad revenue generated by audio and video podcasts as well as payments Spotify makes to certain creators and publishers in ... Read more ›
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It’s no secret that the success of today’s large language models wouldn’t be possible without the armies of humans creating the data, like solved math or coding problems, for the AI to be trained on. But as important as data labeling companies—such as Scale AI, Turing and Invisible—have been to the AI sector, they’re not absolutely crucial. Their customers have pulled back on their spending from time to time, as... Read more ›
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Most companies valued at more than $200 billion have imposed a high degree of structure on their organizations as they have grown. That’s not the case at Palantir Technologies. Experienced staff get a say in which projects they work on, according to five people who have worked at the data analytics firm. Performance reviews don’t always occur at scheduled times of the year. The company has no guidelines on in-office... Read more ›
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Elon Musk’s XAI Holdings, formed from merging his xAI startup with social media company X, is in talks to raise $20 billion, Bloomberg News reported. The new investment could value the combined company at $120 billion, the report said. The giant round could be used to pay down some of the debt ... Read more ›
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Huawei Technologies is talking to Chinese tech companies about a powerful new artificial-intelligence chip it has developed, The Wall Street Journal reported. Huawei is aiming for the chip to replace some high-end products from Nvidia, the U.S. chipmaker that dominates AI chips, the Journal ... Read more ›
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Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between one of its most successful startups and a company run by a chief executive the VC firm pushed out nearly a decade ago from the company he founded. The VC firm is playing a central role in the fight between rival human resources software companies Deel, which it backs, and Rippling. Andreessen... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Netflix’s eager new friend? The NFL• The Top 5: Tech’s favorite microconferences and private summits • Plus, our Recommendations: an artworld mystery involving Dali, Basquiat and Haring; real talk about talking better; and a pair of detectives with unusual charmLet’s spend a moment to discuss one of the hardest things to do well: quit. It’s an act we generally demonize. Ours is... Read more ›
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Nearly anyone who’s anyone agrees: Bigger isn’t better—when it comes to conferences and networking. Indeed, the tech, media and finance elite have increasingly come to prefer an intimate gathering over attending anything giant and sponsored to death. Web Summit, Collision, South by Southwest and pretty much any event thrown by a media brand have lost some of their appeal and cultural cachet, say nearly a dozen of the best-connected folks... Read more ›
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Alphabet CEO Sundar Pichai said late Thursday that he could foresee people owning cars with Waymo’s self-driving car systems. There’s “future optionality around personal ownership” of Waymo’s technology, Pichai said in a call to discuss the company’s first quarter results. Waymo, a subsidiary of ... Read more ›
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We could have a big deal coming soon. DoorDash looks likely to buy UK-based meal and grocery delivery firm Deliveroo for about $3.6 billion in cash, judging by a statement from Deliveroo on Friday that was also posted by DoorDash on its website. The U.S. delivery firm made an offer at that price earlier this month and Deliveroo said Friday it “would be minded to recommend such an offer to... Read more ›
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Leaders of the Chinese startup behind the hit artificial intelligence agent Manus have discussed setting up new headquarters outside China, according to two people with knowledge of the discussions. The discussions signal that the startup doesn’t want its ability to do business in the U.S. to be constrained by its Chinese roots. The startup, called Butterfly Effect, recently raised $75 million, at a valuation of $500 million, in a round... Read more ›
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San Francisco-based food delivery company DoorDash has offered to buy London-based food delivery company Deliveroo for $2.40 a share, according to Deliveroo. That offer, 29% higher than its Thursday closing share price, values the company at about $3.5 billion. Deliveroo talked to DoorDash about ... Read more ›
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Deel, the fintech software company accused of spying on archrival Rippling, hit back with a lawsuit that claims the spy that Deel allegedly paid was actually a whistleblower trying to bring to light wrongdoing by Rippling. Deel’s lawsuit, filed in the superior court of Delaware on Thursday, ... Read more ›
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On this week’s episode: The Google and Meta antitrust cases shaking up the ads economy, Tesla’s bad quarter, the protein bubble and more. Apple Spotify YouTube Read more ›
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Axiom Space has elevated chief revenue officer Tejpaul Bhatia to the CEO role, succeeding co-founder Mike Suffredini. The shakeup comes as the Houston-based firm is sending its next batch of private astronauts to the International Space Station in May. Bhatia, who has founded several firms in ... Read more ›
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Sentiment around how conditions for technology companies will fare over the next six months is the most pessimistic it has been since February 2023, according to an April survey of The Information’s readers. Roughly 65% of respondents said they feel pessimistic while 20% said they feel ... Read more ›
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A couple weeks ago, a steady stream of media and sports heavyweights could be found at the white-marbled Breakers hotel in Palm Beach, Fla., where the NFL was hosting its annual owners’ meetings. The conclave is a big deal for the league—an occasion for it to hash out its multibillion dollar business deals and discuss what the future may hold. The latest gathering, which lasted over four days, had a... Read more ›
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Google could face another trial over its antitrust practices in September, according to a proposal filed by both Google and the Department of Justice with a Virginia court on Thursday. A judge in that court had ruled earlier this month that Google was a monopoly in certain parts of its ... Read more ›
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11.05.2025 12:48
Last update: 12:40 EDT.
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