BUSINESS

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Plaid valued at $8B in employee share sale

Plaid valued at $8B in employee share sale

The new valuation is a 31% increase from $6.1 billion Plaid reached in April.

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The White House wants AI companies to cover rate hikes. Most have already said they would.

The White House wants AI companies to cover rate hikes....

Many hyperscalers have already made public commitments to cover electricity cost...

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Nvidia has another record quarter amid record capex spends

Nvidia has another record quarter amid record capex spends

"The demand for tokens in the world has gone completely exponential," Nvidia CEO...

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Anthropic acquires computer-use AI startup Vercept after Meta poached one of its founders

Anthropic acquires computer-use AI startup Vercept afte...

Seattle-based Vercept developed complex agentic tools, including a computer-use ...

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Gushwork bets on AI search for customer leads — and early results are emerging

Gushwork bets on AI search for customer leads — and ear...

Gushwork has raised $9 million in a seed round led by SIG and Lightspeed. The st...

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Salesforce CEO Marc Benioff: This isn’t our first SaaSpocalypse

Salesforce CEO Marc Benioff: This isn’t our first SaaSp...

Salesforce reported a solid year-end earnings and then pulled out all the stops ...

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Apple rolls out age-verification tools worldwide to comply with growing web of child safety laws

Apple rolls out age-verification tools worldwide to com...

Apple complies with new age-assurance laws in the U.S. and abroad, including tho...

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Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model

Spanish ‘soonicorn’ Multiverse Computing releases free ...

Spanish startup Multiverse Computing has released a new version of its HyperNova...

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Self-driving tech startup Wayve raises $1.2B from Nvidia, Uber, and three automakers

Self-driving tech startup Wayve raises $1.2B from Nvidi...

Major automakers, tech giants, AI companies, and chipmakers are all trying to ge...

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Nvidia challenger AI chip startup MatX raised $500M

Nvidia challenger AI chip startup MatX raised $500M

The startup was founded by former Google TPU engineers in 2023.

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India’s AI boom pushes firms to trade near-term revenue for users

India’s AI boom pushes firms to trade near-term revenue...

ChatGPT and rivals are testing whether India's massive AI user boom can translat...

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With AI, investor loyalty is (almost) dead: At least a dozen OpenAI VCs now also back Anthropic 

With AI, investor loyalty is (almost) dead: At least a ...

While some dual investors are understandable, others were more shocking, and sig...

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Tesla’s battle with the California Department of Motor Vehicles isn’t over after all

Tesla’s battle with the California Department of Motor ...

Tesla has filed a lawsuit against the California DMV in the ongoing battle aroun...

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A Meta AI security researcher said an OpenClaw agent ran amok on her inbox 

A Meta AI security researcher said an OpenClaw agent ra...

The viral X post from an AI security researcher reads like satire. But it's real...

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Stripe, PayPal Ventures bet on India’s Xflow to fix cross-border B2B payments

Stripe, PayPal Ventures bet on India’s Xflow to fix cro...

Stripe and PayPal Ventures have participated in Xflow's $16.6 million round that...

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Canva acquires startups working on animation and marketing

Canva acquires startups working on animation and marketing

With the new acquisitions, the company wants to bolster its position as a market...