A new report alleges Intel’s CEO has been pitching acquisitions of startups like Rivos and SambaNova, in which his venture firm has a financial stake. In response, Intel has shifted deal-making authority to the CFO for conflicted transactions. This controversy hits as Intel desperately tries to rebu
Disney is making a massive, multi-pronged bet on OpenAI. The entertainment giant is investing $1 billion and signing a deal to bring over 200 of its iconic characters to OpenAI’s Sora video generation model.
According to Forbes, European and Middle Eastern companies now make up half the drivers of the 2025 Midas List Europe, with Stripe hitting a $106.7B valuation and Revolut soaring to $75B. The list highlights a powerful mix of fintech giants, AI labs like Safe Superintelligence, and strategic exits l
European regulators are using Apple’s controversial App Store changes as a model for judging Google Play. This comes after Apple was hit with a €500 million fine under the Digital Markets Act. Google now faces pressure to make its own store more open or risk a major penalty in early 2025.
A new report shows most companies are getting a positive return on their AI investments. But the surprising part? The biggest impact isn’t from generative AI. It’s from the older, more established machine learning models.
Nextdoor’s stock price skyrocketed after a bullish social media post from hedge fund manager Eric Jackson. He framed the platform not as a social network, but as an AI-powered “neighborhood operating system” with huge potential.
Comcast is radically simplifying its Xfinity TV offerings, ditching contracts and equipment rental fees. Starting Wednesday, all new plans include a 4K box and a single, all-in price.
On a day focused on the Fed’s rate decision, Jim Cramer pointed to specific buying opportunities. He urged investors to buy Nvidia if they don’t own it and highlighted two other stocks he finds attractive.
According to a Wired report, OpenAI is allegedly becoming more guarded about publishing research on AI’s economic downsides, like job displacement. This perceived shift contributed to the departure of at least two employees, including economist Tom Cunningham in September.
Spotify is launching music videos for its premium subscribers in the U.S. and Canada. The move is a direct challenge to YouTube and follows a beta test in nearly 100 markets last year.
