AI that generates realistic voices has come a long way. It powers applications like ChatGPT, phone-based customer support and increasingly helps businesses solicit verbal feedback from their customers about products or experiences.One AI startup in that field is San Francisco-based Listen Labs, ...
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In 2016, Elon Musk defended Tesla’s proposed acquisition of SolarCity, a solar energy firm co-founded and run by his first cousins, by calling it a “no-brainer.” As it turned out, the purported benefits of the $2.6 billion deal, which brought a cash-burning, debt-laden firm under the Tesla ...
Major personal computer makers including HP, Asus and Acer have started using small amounts of chips from Chinese memory maker ChangXin Memory Technologies, Nikkei Asia reported. The move by the PC makers comes as the global tech industry is facing a severe shortage of memory chips due to soaring demand for AI infrastructure around the world. CXMT makes Dynamic Random Access Memory, which
The Trump Administration is planning to ban U.S. imports of data center components from China, Reuters reported, citing people familiar with the matter. The Federal Communications Commission is drafting the measure, which aims to prevent Chinese from installing malware or stealing data in U.S. data centers, according to Reuters, adding that officials are aiming for the import restrictions to
Palantir is truly the Nvidia of AI software. On Monday, the company delivered another rip-roaring quarterly result, showing revenue up a blistering 93%, well ahead of what it had projected. The company has accelerated revenue growth every quarter for three years, from a 13% rate of expansion in ...
Shares of Microsoft closed 0.8% higher than where it finished 2025, the first time all year it closed up for the year so far, Koyfin data shows. The stock has rallied 25% since last Wednesday, when Microsoft reported its June quarter earnings showing accelerating growth in both its cloud business and sales of AI-powered chatbot services. Meanwhile, Amazon closed Monday with a market
Snap reported 19% higher revenue of $1.599 billion for the June quarter, along with higher profits as measured before deductions for interest, depreciation, amortization and stock compensation. Snap stock, which has been trading near its historic lows, rose 9% in after-hours trading to $5.50. The growth reflected 9% higher ad revenues, a still-anemic growth rate compared to other big ad-based
Palantir reported accelerating revenue growth for the June quarter driven by continued expansion of its sales to U.S. businesses. The jump drove the company’s stock up more than 10% in extended trading hours. The software firm said Monday that U.S. commercial revenue climbed 149% to $764 million, an even bigger jump than the segment’s 133% growth in the March quarter. Palantir said the value
OpenAI’s first hardware device will be a doughnut-shaped smart speaker about the size of a hockey puck, designed to be carried around the house, Bloomberg reported. Apple has discussed pricing the screen-free devices, which is set for a 2027 release, at between $300 and $400, Bloomberg reported. The device will feature moving parts intended to give it a sense of personality, as well as lights
Figma’s revenue growth accelerated in the June quarter, the design app reported Wednesday, suggesting that the company is withstanding intensifying competition from AI products so far. Figma reported revenue jumping 48% to $370 million, two percentage points faster than the March quarter. Helping boost Figma’s revenue was its shift to usage-based pricing for AI features beginning March 15, in
The Trump administration has invited staffers from major tech companies including OpenAI, Google and Anthropic to the White House on Tuesday to review the completed version of an AI oversight framework, according to five people familiar with the matter. The framework will create a voluntary ...
Over the weekend, Jasjeet Sekhon, the chief strategy officer at Google’s DeepMind AI unit, used two words to describe what needs to happen to justify his industry’s unprecedented capital expenditures: recursive self-improvement. The white-hot term refers to AI that can automatically create ...
In a lawsuit early last month, Apple accused former employees who are now at OpenAI of stealing a trove of trade secrets from the iPhone maker—in part by improperly accessing confidential Apple documents after they left the company. Even before the suit was filed, some of the more than 400 ...
Chinese tech giant Alibaba Group made its new flagship model, Qwen3.8-Max, widely available on Monday through application programming interfaces at lower prices than its Chinese competitor Moonshot AI’s popular Kimi K3 model. Alibaba will also make the open-source model available for download next week. The API for Qwen3.8-Max, Alibaba’s largest-ever model with 2.4 trillion parameters, costs
Elon Musk fans have never had so many opportunities to hear from the man. On Tuesday, his newly public SpaceX will deliver its first earnings report, and we all expect Musk will be on the earnings call, in what would be his second call this earnings season following Tesla’s a couple of weeks ...
Governors and legislatures in U.S. states that previously welcomed data centers are suddenly moving to rip away sales tax breaks that could raise the price of every gigawatt of AI computing by several billion dollars, potentially adding 7% or more to equipment costs.In little-noticed moves that ...
Brokerage app Robinhood has quickly become a force in prediction markets, challenging the hold of Kalshi and Polymarket on the popular betting market. Robinhood’s prediction markets revenue surged more than tenfold year over year in the second quarter to $156 million, the company reported last ...
Chinese AI developer DeepSeek’s release on Friday of a smaller version of its flagship V4 open-source model is causing a stir. In early tests, the model, V4-Flash, demonstrated capabilities comparable to much larger open-source and proprietary models, and it’s also less expensive than those rivals. People can buy access to it through DeepSeek’s cloud-based application programming interface or
• The Big Read: Silicon Valley looks to a new biotech frontier—Montana• Garry Tan’s political dreams require this 32-year-old’s ‘grunt’ force• Plus, Recommendations—our weekly pop culture picks: “Dead Rabbit,” “The Amateur” and “The Drama”Here’s a thought that would’ve seemed startling not long ...
As Garry Tan, the Y Combinator CEO, has deepened his ambitions to become a political force, the task of turning his agenda into reality has often fallen on the shoulders of one guy: Forrest Liu, his political director. The work keeps Liu, 32, plenty busy—and occasionally requires him to put his ...