Groq Shareholders Get a $7.6 Billion Payout
It’s been more than a month since Nvidia entered an agreement, made public on Christmas Eve, to license the technology of chip startup Groq and hire its top executives including CEO Jonathan Ross. N...
Airbnb Reports Slightly Stronger Revenue Growth But Higher Expenses
Airbnb’s revenue growth accelerated to 12% in the fourth quarter, while free cash flow rose 13.7% to $521 million. Shares of the accommodation-rental platform rose 5.7% in after-hours trading. The c...
Pinterest Shares Fall As It Projects Growth Slowdown
Pinterest shares plummeted almost 20% after the company reported its slowest quarterly revenue growth in two years and said it could see a further deceleration in the current quarter. Pinterest blamed...
FTC Warns Apple Not to Suppress Conservative Outlets on News App
The Federal Trade Commission sent a letter to Apple on Wednesday warning the company to not suppress conservative news outlets on its Apple News app, the company’s news aggregation app that comes pr...
Anthropic Says it Raised $30 Billion
Anthropic said Thursday it had raised $30 billion in funding led by Singapore wealth fund GIC and Coatue Management, giving it a new valuation of $380 billion valuation, including the funding. Other l...
The Looming Battle Over Agent Management Software
The next big AI battleground will be centered on software for managing agents, helping businesses handle the growing suite of AI agents they’re using from different providers, as we reported today. ...
Downbeat Crypto Sector Looks to AI for Rescue
Crypto’s market crash has prompted much soul-searching within the industry, I learned at this week’s annual crypto Consensus conference in Hong Kong. The answer: To stay relevant, the industry mus...
The Problem With World Models
If you follow the AI world on X, you’ve probably seen in recent weeks clips of video game-like worlds where users are playing as a dog on a sunny beach, a vial of poison in the play Hamlet or a pack...
