The letter reads like a founder’s article of faith. The share sale underneath it tells a harder story. The founder of MiniMax has told staff he will take no salary until the Chinese AI company builds artificial general intelligence. On the same day, Mi…
A three-year-old startup run by a 23-year-old is in talks to double its worth to $20bn. The numbers are dazzling. Read the footnotes. Mercor, the AI training marketplace, has told investors it can raise at a $20bn valuation. It says it already holds at…
There’s a new update on the FROM season 5 release date, which is more promising than you might imagine, given streaming delays these days.
Anthropic is the hottest stock in private tech. It is also one of the hardest to buy, and that is exactly why the price keeps climbing. Shares in Anthropic are changing hands on secondary markets at an implied valuation of $1.2 trillion, Business Insid…
The Odyssey has received hate from those who have not seen the film yet, and Christopher Nolan is now commenting on the movement.
Britain’s banks run on four American clouds. The Treasury reckons two-thirds of UK firms lean on the same handful. Now the regulators are stepping in. The UK has named Microsoft, Google, Amazon and Oracle as “critical third parties” to its financial sy…
Perhaps if America’s best athletes played soccer, the men’s team would be better. But it’s doubtful as this view narrowly focuses on particular forms of athleticism.
Meta has released Muse Image, an AI tool that uses your Instagram profile pictures to generate images — unless you opt out. Here’s how.
Japan’s biggest payments app and its most famous convenience-store chain may be about to get closer. SoftBank and its payments arm PayPay are in talks to invest in Seven & i Holdings, the retailer behind 7-Eleven, according to Bloomberg, which repo…
SAP has talked its way out of an EU antitrust fine. The European Commission said it would accept a set of commitments from the German software group, closing an investigation into how SAP handles maintenance and support for its on-premise enterprise so…