U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more ›
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The U.S. and China have reached a deal on TikTok, allowing it to continue operating in the U.S., President Donald Trump hinted in a Truth Social post on Monday morning, as trade talks between the two countries progress. Trump said the meeting “will be concluding shortly. A deal was also reached ... Read more ›
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Salesforce CEO Marc Benioff was upset. Last fall, one of his technical teams told large Salesforce customers that using Agentforce, the software firm’s new artificial intelligence for automating customer service and other functions, would require extensive planning. The product information the Salesforce team shared with those customers acknowledged the complexity of making the AI perform well. That message contradicted Benioff, a charismatic salesman who had been telling customers that using... Read more ›
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U.S. Treasury Secretary Scott Bessent said Monday that the U.S. and China are “very close” to reaching an agreement on a deal for TikTok, according to Bloomberg and other media outlets. Bessent made the comment in Madrid, Spain, where he is leading the U.S. delegation’s trade negotiations with a ... Read more ›
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Chinese regulators announced Monday that Nvidia violated anti-monopoly law in its $7 billion acquisition of Israel’s Mellanox Technologies. Beijing’s attack on Nvidia comes at a time when senior officials from the U.S. and China are entering the second day of trade negotiations in Spain. The ... Read more ›
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OpenAI expects to further reduce the revenue it shares with partners, namely Microsoft, over the next half decade, even as it forecasts revenue will climb toward $200 billion. The ChatGPT maker projects sharing about 8% of its revenue with its partners in 2030, down from just under 20% this ... Read more ›
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Perplexity has drawn plenty of its headlines for its relentless fundraising—which recently valued the artificial intelligence search firm at $20 billion—and its penchant for declaring big-ticket acquisition targets like TikTok. But its efforts to build businesses in online shopping and advertising, which would put Perplexity’s revenue growth on more sustainable footing, have moved much more slowly. Nearly a year after the company began selling ad space and letting users buy... Read more ›
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Penske Media Corp., owner of a wide range of entertainment publications include Rolling Stone, Variety and Billboard, sued Google on Friday, alleging its introduction of AI overviews to search results had reduced traffic to Penske’s websites and its revenue. Penske alleged that Google’s AI ... Read more ›
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Elon Musk’s xAI has laid off about 500 workers on its data annotation team, representing about a third of the group, Business Insider reported Friday. The employees, which xAI calls “AI tutors,” had been performing tasks similar to those done by companies like Scale AI and Surge AI, such as ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Anthropic’s different approach to Trump • The Arena: Steve Ballmer may be too rich for the NBA• Artificial Intelligence: AI boom complicates how schools recruit, retain doctoral students • Plus, our Recommendations: “Fiasco: Benghazi,” “Make Me Commissioner” and “And So It Goes”Elizabeth Holmes, the Theranos founder convicted of defrauding investors in 2022, seems intent on winning back the hearts and minds of... Read more ›
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On the eve of U.S.-China trade talks, tensions increased on Friday after the U.S. added a number of Chinese chip firms to the list of companies deemed a threat to national security and which are restricted from buying U.S. technology. That prompted China to retaliate, by announcing a ... Read more ›
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Earlier this week, a handful of the richest people in the world convened at a five-star hotel in midtown Manhattan to discuss typical titans-of-industry fodder: overseas expansion, the future of media, yadda yadda. But there was an elephant in the room: Did a billionaire in their ranks secretly siphon millions of dollars to an NBA star through a now-bankrupt tree-planting startup? The billionaire on the minds of NBA team owners... Read more ›
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Even though applications aren’t due until December, an avalanche of emails have already hit Naomi Saphra, a soon-to-be assistant professor of computer science at Boston University who’s currently finishing up research across town at Harvard University. The messages are from people eager to join Saphra as BU doctoral students and contribute to her work on natural language processing, part of the bedrock of the AI revolution. Her decision is more... Read more ›
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As OpenAI irons out new terms of a partnership with Microsoft, it has told some shareholders that the percentage of revenue it will hand over to Microsoft will drop considerably in the coming years. As part of their original partnership agreement, Microsoft is entitled to 20% of the startup’s revenue through 2030. But OpenAI has projected to share roughly 8% of its revenue with commercial partners—namely, Microsoft—by the end of... Read more ›
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As we wrap up what has been a busy week in artificial intelligence-cloud land—one dominated by Oracle—we want to circle back to the striking announcement on Thursday night from Microsoft and OpenAI. Anytime two companies, worth at least $4.5 trillion combined, issue a three-sentence press release with no concrete information about a highly important subject, it makes you think.Their 49-word joint statement said they had a “non-binding memorandum of understanding... Read more ›
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Amazon Web Services vice president Jon Jones, who led its global startups and venture capital business, has left the company, a spokesperson confirmed on Friday. Jones, a seven-year AWS veteran, had been in the role for just one year after his predecessor, Howard Wright, left for a job at ... Read more ›
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Apple’s former Siri head Robby Walker is leaving the company, Bloomberg reported. Walker had been in charge of the voice assistant since 2022. But earlier this year, he was taken off the project following a delay in a revamped version of Siri. During his tenure as the Siri head, Walker became a ... Read more ›
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Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, jumped 32% in its opening trade after raising $425 million in an initial public offering, giving it a market value of more than $4 billion. Gemini, which is listed on the New York Stock Exchange under the ticker GEMI, opened ... Read more ›
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Tether, by far the world’s largest stablecoin issuer, announced it will launch a new stablecoin, called USAT to tap the fast-growing U.S. market, which got a boost from stablecoin legislation over the summer. Bo Hines, the former White House crypto adviser who left in August, will be CEO of ... Read more ›
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Startups that enable people to bet on events such as the New York mayoral race, NFL games and the Federal Reserve rate decisions are in talks to raise more money at multi-billion-dollar valuations, as trading volume and rivalry between the two apps intensifies. Polymarket has considered an offer that would value the company as much as $9 billion, according to people who have spoken to the company’s leaders. That would... Read more ›
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In June, the artificial intelligence startup Anthropic was finally getting close to hiring a candidate—a Republican—for its top government relations job after months of searching for someone. That decision marked a shift: Anthropic had hired several former Biden staffers earlier in the year, which had aggravated people in the Trump administration working on AI issues, according to two people familiar with the situation. But after further discussion inside Anthropic, the... Read more ›
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16.03.2026 17:31
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