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Andreessen Horowitz in talks to help buy out TikTok's Chinese owners, FT reports

Silicon Valley Trump supporter and Andreessen Horowitz's co-founder, Marc Andreessen, is in talks to add new outside investment that will buy out TikTok's Chinese investors, as part of a bid led by Or...

Apr 1, 2025

ByteDance

Why OpenAI caved to open source on the same day as its $300 billion flex (hint: it’s not just about DeepSeek)

The ChatGPT maker is trying to balance closed models and open source efforts, with plans for its first open model since 2019, in a strategic pivot as rivals close in and enterprise demand shifts....

Apr 1, 2025

OpenAI

OpenAI’s $40B Raise Calms Market Jitters, Sends CoreWeave and AI Tokens Higher

AI tokens, including NEAR, ICP, TAO and RENDER rose on Tuesday after OpenAI announced the closing of its record-breaking private funding round the day prior....

Apr 1, 2025

OpenAI

Public comments open for xAI’s Memphis Data Center expansion

A public comment period has opened for the Shelby County Health Department as xAI works to expand its footprint in south Memphis. This comes as the property has applied for...

Apr 1, 2025

xAI

VIDEO: The Entire Internet Is Cringing Over Footage Of Fanatics CEO Michael Rubin Pathetically Trying To Throw A Baseball

Fanatics CEO Michael Rubin looked very bad as he tried and failded to throw a baseball to a target inside a baseball stadium....

Apr 1, 2025

Fanatics

OpenAI closes $40 billion in funding; now worth more than McDonald's, Chevron

OpenAI on Monday revealed it is getting up to $40 billion in new funding. The new funds arose out of a fundraising round for the AI company in which SoftBank Group is serving as the lead investor....

Apr 1, 2025

OpenAI

XRP wipes $11 billion just 48 hours after Ripple case dismissed

In a surprising turn of events, XRP, the cryptocurrency associated with Ripple Labs, experienced a significant market downturn, shedding approximately $11 billion in market capitalization within 48 ho...

Apr 1, 2025

Ripple

Wall Street Lunch: OpenAI Leads Biggest Private Companies

OpenAI's latest funding round has propelled the startup beyond other unicorns to the rank of the highest valued private company in the world....

Apr 1, 2025

OpenAI

BBH wins Monzo bank creative duties after Uncommon split

Monzo bank has appointed Bartle Bogle Hegarty in London and Dublin as its lead creative agency. There was no pitch for the business, which was handled by Uncommon Creative Studio from April 2023 until...

Apr 1, 2025

Monzo

SoftBank And OpenAI Make History With Largest Startup Financing Ever

In the history of startup funding, SoftBank’s announcement that it is backing an investment of up to $40 billion in OpenAI is in a league of its own. No other financing even comes close....

Apr 1, 2025

OpenAI

Failed buy-now-pay-later operator Laybuy brand relaunched under new owner Klarna

Fallen buy-now-pay-later brand Laybuy has relaunched in New Zealand after its operating platform was bought up by Swedish payments giant Klarna. Laybuy went into receivership in June last year after t...

Apr 1, 2025

Klarna

OpenAI’s new image generator is now available to all users

OpenAI's new image generator, powered by its GPT-4o model, is now available to all users, CEO Sam Altman said in a post on X. The feature was until now...

Apr 1, 2025

OpenAI

SpaceX launches historic privately funded mission around Earth's poles

SpaceX launched four people into space Monday evening on a first-ever human mission to orbit Earth's polar regions. If successful, the mission also will be the first to cultivate mushrooms as a crop....

Apr 1, 2025

SpaceX

Cerebras Systems, Ranovus win $45 million US military deal to speed up chip connections

Cerebras Systems, a Silicon Valley-based AI chip company, and Canadian chip startup Ranovus said on Tuesday that they had been awarded a $45 million contract from the U.S. military to speed up connect...

Apr 1, 2025

Cerebras

DARPA Selects Cerebras to Deliver Next Generation, Real-Time Compute Platform for Advanced Military and Commercial Applications

Cerebras Systems, the pioneer in accelerating generative AI, has been awarded a new contract from the Defense Advanced Research Projects Agency (DARPA), for the development of a state-of-the-art high-...

Apr 1, 2025

Cerebras

Chinese Companies are Accelerating the Brain Interface Race, Matching Neuralink with Human Trials

Chinese brain interface developers CIBR and NeuCyber are rapidly advancing in the global race to implant brain-computer interface chips in humans....

Apr 1, 2025

Neuralink

How Chime is embracing TikTok finance trends, aka FinTok

Online banking app Chime is putting financial TikTok trends at the center of a new campaign designed to honor the small steps consumers take as they better their financial situations....

Apr 1, 2025

Chime

Perplexity AI CEO Aravind Srinivas asks who could direct Mahabharat ‘with the help of today’s AI’; Filmmaker Shekhar Kapur responds

While the world is hooked on creating animated Studio Ghibli images, the CEO of an AI company, Perplexity AI, Aravind Srinivas, asked an interesting question....

Apr 1, 2025

Perplexity

Trumid announces enhanced FVMP™ predictive pricing model for bonds

Trumid, a financial technology company and fixed income electronic trading platform, announced its enhanced Fair Value Model Price (FVMP™) predictive pricing model for corporate bonds, providing users...

Apr 1, 2025

Trumid

The 10 Biggest Rounds Of March: Anthropic’s Massive $3.5B Round Leads

March was a pretty good month for big rounds. To even make the list, a company needed to raise close to a quarter-billion dollars. Not surprisingly, a big artificial intelligence raise led the way....

Apr 1, 2025

Anthropic

OpenAI’s now worth more than Chevron after SoftBank funding round

The company at the heart of the artificial-intelligence revolution, OpenAI, just raised money at a $300 billion valuation, as the publicly traded AI stocks advanced on Tuesday....

Apr 1, 2025

OpenAI

Bitcoin investor blasts off on groundbreaking SpaceX flight over North and South Poles

Mikkelsen, the first Norwegian bound for space, has flown over the poles before, but at a much lower altitude. She was part of the 2019 record-breaking mission that circumnavigated the world via the p...

Apr 1, 2025

SpaceX

A Chinese brain chip company could soon surpass Elon Musk's Neuralink

A Chinese brain chip company could surpass Elon Musks’ Neuralink in number of patients implanted with its experimental tech later this year....

Apr 1, 2025

Neuralink

Neuralink's Blindsight Chip: First Human Implant Scheduled for 2025

Elon Musk's brain-chip company Neuralink is set to implant its revolutionary Blindsight chip on its first human patient in 2025. The test chip, approved by the...

Apr 1, 2025

Neuralink

Monzo reveals half of renters are unprotected as it launches contents insurance

Leading digital bank Monzo today launches Contents Insurance, a new product that makes it easier, faster, and more flexible for renters and homeowners to protect their belongings....

Apr 1, 2025

Monzo

Fraudsters turning to encrypted messaging platforms to scam users Revolut warns

Revolut reports that fraud originating from WhatsApp and Telegram now accounts for well over a third of reported scams (39%), as criminals are increasingly turning to encrypted messaging services to e...

Apr 1, 2025

Revolut

Revolut reveals 54% of scam reports originate on Meta-owned platforms

Scams originating on platforms run by Meta account for 54 per cent of scams reported to Revolut, according to new research by the neobank....

Apr 1, 2025

Revolut

Elon Musk-Backed Neuralink’s Blindsight Chip Promises To Restore Vision, First Human Trial Set For 2025

Neuralink's Blindsight chip, set for human trials in 2025, aims to restore vision for the blind by directly stimulating the brain's visual cortex., Technology & Science News - Times Now...

Apr 1, 2025

Neuralink

Who is winning the brain chip war? Not Musk, but a company backed by Jeff Bezos and Bill Gates

Neuralink makes brain chips to help people control objects with their minds. However, it faces tough competition from a Chinese and an American company. World Trending...

Apr 1, 2025

Neuralink

Perplexity "doing horribly financially": CEO responds, 'we have all the ...

Aravind Srinivas, CEO of Perplexity, denied financial difficulty rumours on Reddit, stressing the company's stability and no IPO plans before 2028. Recent product changes, like Auto mode, weren't cost...

Apr 1, 2025

Perplexity

Byju Raveendran's 'broke, not broken' post sparks fierce reactions on X

In a post on X, Byju Raveendran shared a throwback picture of himself as he vowed to revive his edtech company, Byjus. However, his post did not sit well with social media users....

Apr 1, 2025

BYJU’s

OpenAI is ready to embrace an open weight AI model strategy

OpenAI CEO Sam Altman has announced the company will release an 'open-weight' AI model, a strategic shift to compete with models like DeepSeek's R1 and Meta's Llama....

Apr 1, 2025

OpenAI