Tesla is working on supporting Apple’s CarPlay system in its vehicles, Bloomberg reported on Thursday, in what would be a significant reversal of CEO Elon Musk’s opposition to working closely with the iPhone maker. The report said Tesla has been internally testing Carplay, which lets users ... Read more ›
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As we wrote in this story on Tuesday, investors are rushing to back a new crop of research-focused AI labs (dubbed neolabs) hoping to outflank OpenAI and Anthropic. One investor, in particular, is driving most of these new startups: Nvidia.In Reflection AI’s October fundraising, for instance, Nvidia contributed $800 million out of the $2 billion round, making it by far the largest investor in the round (despite the fact that... Read more ›
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Google unveiled several new AI shopping features Thursday, as the search giant heightens competition with OpenAI and other AI companies working to incorporate more e-commerce features into their products. Google had previously announced some of the features at its I/O developer conference in ... Read more ›
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Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharp slump at most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disney’s entertainment ... Read more ›
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Chinese tech giant Tencent Holdings said it is “upgrading” its team that develops artificial intelligence foundation models by stepping up recruitment efforts. “We are hiring more top-notch talent especially in the research area,” to complement the team’s strength in engineering, President ... Read more ›
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Here’s a stock market fact that will surprise nearly everyone who has followed the ride-hailing industry: Lyft’s stock performance is beating Uber’s by a fair margin this year. Lyft is riding a surprising rebound, turning a money pit into a cash generator and making promising deals in ride hailing. Lyft shares are up nearly 80% in 2025, ahead of Uber’s 50% gain, a reversal of years of lagging performance by... Read more ›
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Alibaba Group is planning to overhaul the design of its artificial intelligence chatbot, as the Chinese tech giant tries to make the struggling app more competitive, Bloomberg reported. In China’s consumer AI chatbot market, Alibaba’s Tongyi app lags far behind rival apps developed by other ... Read more ›
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Next time you’re barreling down a highway and you get stuck behind someone driving at the speed limit, don’t honk or flash your lights. It might be a Waymo self-driving car! The Alphabet-owned robotaxi business announced Wednesday that its cars will now drive on freeways in the San Francisco Bay Area, Los Angeles and Phoenix, a major advance for the service. It’s a reminder that, while Elon Musk makes extravagant... Read more ›
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OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Times’ copyright infringement lawsuit against the ChatGPT creator, the Times has asked for access to 20 million conversations between users and ChatGPT, a request OpenAI said Wednesday was “ ... Read more ›
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Stablecoin issuer Circle’s revenue jumped 66% in the third quarter, but its shares fell 11% Wednesday, weighed down by concerns over declining interest rates and rising distribution costs to partners like Coinbase. It announced it’s exploring launching a token to incentivize the adoption of its ... Read more ›
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The 2025 initial public offering market was defined by a stark divergence: a welcome comeback year for new listings that instantly created clear winners and losers. While investors rewarded companies with an artificial intelligence or cryptocurrency narrative, stocks of consumer facing companies and software firms that couldn’t articulate an AI-driven growth story languished. . We asked Deep Research to analyze this market split, identifying the biggest underperformers among 2025’s IPOs... Read more ›
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Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
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Before we get to today’s column, Steph and Sri broke news Tuesday night about a flurry of investments VCs are making in so-called “neolabs,” or new labs hoping to exploit approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked.These include companies like agent startup Isara, which is raising at a $1 billion valuation; Humans&, a startup building “human-centric AI” raising at... Read more ›
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Anthropic plans to invest $50 billion building its own data centers, the first time it has done so, in Texas and New York, the AI startup announced in a blog post on Wednesday. Anthropic said it would partner with London-based cloud startup Fluidstack on the data centers. Anthropic said that the ... Read more ›
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Skims, the apparel and shapewear brand cofounded by Kim Kardashian, has raised $225 million in new funding, the company said Wednesday. The funding round, which was led by Goldman Sachs Alternatives, boosts the company’s valuation to $5 billion, up from its $4 billion valuation in 2023. The ... Read more ›
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When Whoop’s analytics chief Matt Luizzi recently looked across the company’s tech stack, he saw the same thing everywhere: AI agents multiplying. Slack has one. So does Snowflake. Google Workspace, too. And they all promise to do the same jobs—dig through data, forecast sales, even message customers. “Truly every piece of software that we use has their own AI agent solution,” he said. Read more ›
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Investors are rushing to back a new generation of research-focused AI startups. In just over a month, they’ve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startups’ founders say they hope to exploit new approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked. Read more ›
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Would you trade shares in Nvidia for stock in OpenAI? That’s what SoftBank just did, selling $5.8 billion worth of shares in the AI chip giant to finance a commitment to invest $22.5 billion in the ChatGPT maker. On the surface, it might seem a logical trade, given that chip companies purporting to compete with Nvidia have proliferated like cockroaches in a darkened New York City apartment. But it’s doubtful... Read more ›
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After years of AI hype—and some recent skepticism—organizations are now seeing real value from their AI initiatives. While some highly publicized reports have claimed that generative AI projects experience high failure rates, a majority of surveyed organizations report positive outcomes. In a recent survey of The Information’s readers, 61% of readers say their organizations are seeing positive value from their AI initiatives. Much of the early excitement around AI centered... Read more ›
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For the last 42 days, any startup seeking approval for an initial public offering from the Securities and Exchange Commission was in limbo, thanks to the government shutdown that had sent SEC staff home, preventing them from reviewing and approving IPO prospectuses.The securities agency could be back to work soon. Late Monday, the Senate passed a bill to end the government shutdown, and President Donald Trump has indicated he will... Read more ›
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09.05.2026 09:37
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