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Page 14
Photo of Mark Zuckerberg by Getty.
Exclusive

Meta Asked Amazon, Microsoft to Help Fund Llama

By Kalley Huang and Erin Woo · Apr 17, 2025 5:00pm PDT · 1 comment
Meta Platforms over the past year asked Microsoft, Amazon and others to help pay the costs of training Meta’s flagship large language model, Llama, according to four people briefed on the discussions. Meta’s overtures reflected worries about the growing costs of its artificial intelligence development, according to two of the people. In exchange... Meta Platforms over the past year asked Microsoft, Amazon and others to help pay the costs of...
Art by Clark Miller.
Exclusive

CEOs Choose More AI, Fewer Jobs

By Aaron Holmes · Apr 17, 2025 6:00am PDT · 8 comments
Advances in artificial intelligence are prompting executives at companies such as PayPal, United Wholesale Mortgage, Shopify and others to move in a direction that has long been a taboo: using AI to fill roles people would have held previously. These firms have either instructed staff to avoid hiring for new roles unless they show the roles can’... Advances in artificial intelligence are prompting executives at companies such as PayPal, United...
Michael Beckerman. Photo by Getty.
Exclusive

TikTok Policy Chief Who Fought Ban to Leave Job

By Kaya Yurieff · Apr 16, 2025 6:36pm PDT
TikTok U.S. public policy chief Michael Beckerman, a key architect of TikTok’s efforts to fight a U.S. government ban, has said he is planning to leave Washington and transition to a global advisory role, according to a memo sent to staff viewed by The Information. “Over the coming months, I’ll continue in my current role while leading... TikTok U.S. public policy chief Michael Beckerman, a key architect of TikTok’s efforts to fight a...
Photo by Shutterstock
Pinterest Went on Acquisition Hunt To Fulfill Ad Dreams
By Catherine Perloff · Apr 16, 2025 12:42pm PDT · 1 comment
Photo by Shutterstock
Exclusive

Pinterest Went on Acquisition Hunt To Fulfill Ad Dreams

By Catherine Perloff · Apr 16, 2025 12:42pm PDT · 1 comment
Pinterest in January considered spending hundreds of millions on an acquisition to supercharge its ad sales, said a person familiar with its plans, underlining its ambition to compete more effectively with bigger firms like Meta Platforms. The company, which hasn’t bought a business of any size before, contemplated buying one of five ad tech... Pinterest in January considered spending hundreds of millions on an acquisition to supercharge...
Art by Clark Miller; Musk image via Getty.
Exclusive

How Elon Musk Stopped Loving Cars and Left Tesla in the Lurch

By Steve LeVine · Apr 15, 2025 6:00am PDT · 17 comments
Early last year, Elon Musk decided that Tesla wouldn’t be an electric vehicle company anymore. It would keep making cars, but not the new, mass-market model that investors, many Tesla fans and his senior advisers were asking for. Instead, he would bet the company on artificial intelligence products like the Robotaxi and humanoid robots. He... Early last year, Elon Musk decided that Tesla wouldn’t be an electric vehicle company anymore. It...
Art by Clark Miller.
Exclusive

Grüns Lands Valuation Around $500 Million as Supplement Startups Boom

By Ann Gehan · Apr 14, 2025 3:43pm PDT
Investors are on a health kick and looking for new ways to tap into fast-growing brands in the nutrition sector. That includes pouring money into startups selling supplements, particularly those that offer new ways for people to load up on vitamins, protein and other ingredients. The latest example is two-year-old gummy supplement startup... Investors are on a health kick and looking for new ways to tap into fast-growing brands in the...
Art by Clark Miller
Exclusive

OpenAI’s Latest Breakthrough: AI That Comes Up With New Ideas

By Stephanie Palazzolo and Amir Efrati · Apr 14, 2025 7:30am PDT · 4 comments
Even as artificial intelligence has made strides in summarizing research papers or solving mathematical problems, professionals in many fields still believed humans would be in charge of coming up with ideas for new discoveries. Now AI is getting good at such brainstorming, too. OpenAI is preparing to launch new AI models as soon as this week... Even as artificial intelligence has made strides in summarizing research papers or solving...
Photos via Getty/Shutterstock
ByteDance Is Developing AI Smart Glasses
By Juro Osawa · Apr 11, 2025 6:00am PDT · 2 comments
Photos via Getty/Shutterstock
Exclusive

ByteDance Is Developing AI Smart Glasses

By Juro Osawa · Apr 11, 2025 6:00am PDT · 2 comments
ByteDance, the owner of TikTok, is planning to sell its own version of artificial intelligence–powered smart glasses, according to two people with direct knowledge of the effort. It’s the latest sign that tech giants globally see gadgets as the next new market for AI services. Meta Platforms has had success with its Ray-Ban smart glasses,... ByteDance, the owner of TikTok, is planning to sell its own version of artificial...
As Advertisers Rethink Spending, Meta and Google Look Better Positioned
Exclusive

As Advertisers Rethink Spending, Meta and Google Look Better Positioned

By Catherine Perloff · Apr 10, 2025 1:05pm PDT · 1 comment
Advertisers are rethinking their spending plans, a sign that economic uncertainty sparked by President Donald Trump’s tariff program is having an impact on business investment. But the impact won’t be felt evenly. Big tech companies that sell advertising—Google, Meta Platforms and Amazon—are likely to hold up better than other... Advertisers are rethinking their spending plans, a sign that economic uncertainty sparked by...
ByteDance's Singapore office. Photo via Getty
Exclusive

ByteDance’s 2024 Revenue Shows Importance of TikTok

By Jing Yang and Qianer Liu · Apr 10, 2025 7:37am PDT
ByteDance’s revenue from international operations, which are primarily TikTok, rose 63% to $39 billion in 2024, said a person with knowledge of the company’s financials. The international revenue accounted for a quarter of ByteDance’s total last year, the highest it has ever been, as growth in the company’s Chinese operations slowed. The results... ByteDance’s revenue from international operations, which are primarily TikTok, rose 63% to $39...
John Giannandrea, left, and Craig Federighi. Photos via Getty
Exclusive

How Apple Fumbled Siri’s AI Makeover

By Wayne Ma · Apr 10, 2025 6:00am PDT · 7 comments
Last June, at Apple’s annual developers conference, the company offered a dazzling demonstration of how artificial intelligence could supercharge Siri, the iPhone’s virtual assistant. But behind the scenes and in the months that followed, the Siri team couldn’t make up its mind about the basic technology needed to make it all work. One option... Last June, at Apple’s annual developers conference, the company offered a dazzling demonstration...
The Port of Oakland this weekend. Photo via Getty
Tariffs Threaten Silicon Valley’s AI Gold Rush
By Natasha Mascarenhas, Jon Victor, Sri Muppidi and Rocket Drew · Apr 7, 2025 6:13pm PDT · 1 comment
The Port of Oakland this weekend. Photo via Getty
Exclusive

Tariffs Threaten Silicon Valley’s AI Gold Rush

By Natasha Mascarenhas, Jon Victor, Sri Muppidi and Rocket Drew · Apr 7, 2025 6:13pm PDT · 1 comment
A stock market rout triggered by President Donald Trump’s tariffs on Chinese and European goods is threatening to end the artificial intelligence–powered gold rush that has buoyed Silicon Valley for more than two years. Eric Bahn, a co-founder of early-stage venture firm Hustle Fund, is advising startups the firm has backed to be more... A stock market rout triggered by President Donald Trump’s tariffs on Chinese and European goods...
Sam Altman, Left, and Larry Ellison. Photos via Getty, art by Clark Miller
Exclusive

Pressure Rises on Oracle to Finish OpenAI Data Center

By Anissa Gardizy · Apr 7, 2025 6:00am PDT
Oracle is building a data center in Abilene, Texas, the size of 17 football fields for OpenAI. Currently, it’s empty and incomplete. If it stays that way much longer, OpenAI can walk away from the deal, which could cost Oracle billions of dollars, according to two people working with the company on the project. While it’s unlikely OpenAI would... Oracle is building a data center in Abilene, Texas, the size of 17 football fields for OpenAI....
Sam Altman, left and Jony Ive. Photos via Getty
Exclusive

OpenAI Has Discussed Buying Jony Ive and Sam Altman’s AI Device Startup

By Stephanie Palazzolo and Jessica E. Lessin · Apr 6, 2025 3:02pm PDT · 3 comments
OpenAI in recent weeks discussed acquiring a startup its CEO Sam Altman has been working on with ex-Apple designer Jony Ive’s studio to develop an artificial intelligence-powered personal device, according to two people with direct knowledge of the deal talks. They are also discussing partnership options beyond a full acquisition, one of the... OpenAI in recent weeks discussed acquiring a startup its CEO Sam Altman has been working on with...
David Sacks. Photo via Getty
Exclusive

David Sacks’ Craft Ventures Lays Off Staff, Co-Founder Steps Back

By Natasha Mascarenhas and Erin Woo · Apr 5, 2025 4:27pm PDT
Craft Ventures, the eight-year-old venture firm co-founded by White House adviser David Sacks, last week laid off half a dozen employees who were largely involved in recruiting professionals for startups it backs, a spokesperson confirmed. It made the changes as the firm’s investors have shifted their focus to later-stage investments from very... Craft Ventures, the eight-year-old venture firm co-founded by White House adviser David Sacks,...
Glean CEO Arvind Jain. Photo by Erin Beach.
Enterprise Search App Glean in Funding Talks After Passing $100 Million Revenue Pace
By Sri Muppidi · Apr 4, 2025 5:34pm PDT
Glean CEO Arvind Jain. Photo by Erin Beach.
Exclusive

Enterprise Search App Glean in Funding Talks After Passing $100 Million Revenue Pace

By Sri Muppidi · Apr 4, 2025 5:34pm PDT
Glean, a developer of search chatbots for businesses, is in talks with investors to potentially raise hundreds of millions of dollars in new financing, including money to buy out employee shares in a tender offer, according to two people familiar with the discussions. The six-year-old startup’s potential valuation in the deal couldn’t be... Glean, a developer of search chatbots for businesses, is in talks with investors to potentially...
Art by Mike Sullivan
Exclusive

Meta Nears Release of New AI Model After Performance Hiccups

By Kalley Huang · Apr 4, 2025 6:00am PDT · 3 comments
Last spring, Meta Platforms was on a tear. It had just released Llama 3, a new generation of its large language model, to much praise from developers and independent reviewers. Almost a year later, though, that model’s successor, Llama 4, is running behind schedule. Meta has pushed back the release date of Llama 4 at least twice and could do so... Last spring, Meta Platforms was on a tear. It had just released Llama 3, a new generation of its...
Photos via Getty
Exclusive

Intel, TSMC Recently Discussed Agreement to Form Chipmaking Joint Venture

By Qianer Liu · Apr 3, 2025 11:48am PDT · 3 comments
Intel’s financial crisis may be over—with support from its biggest rival. Executives from Intel and Taiwan Semiconductor Manufacturing Co. recently discussed a preliminary agreement to form a joint venture to operate Intel’s chipmaking facilities, with TSMC taking a 20% stake in the new company, according to two people involved in some of... Intel’s financial crisis may be over—with support from its biggest rival. Executives from...
Google campus photo by Getty. Art by Mike Sullivan.
Exclusive

Google in Advanced Talks to Rent Nvidia AI Servers From CoreWeave

By Aaron Holmes, Stephanie Palazzolo and Anissa Gardizy · Apr 2, 2025 12:32pm PDT · 1 comment
Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running artificial intelligence from CoreWeave, an upstart cloud provider, according to two people briefed about the situation. The potential deal shows how major Nvidia customers like Google are struggling to get enough of its chips to meet rising demand from... Google is in advanced talks to rent state-of-the-art Nvidia Blackwell chips for running...
Photo by Getty
Trump to Outline TikTok Deal Proposal, With ByteDance Retaining Stake
By Kaya Yurieff · Apr 2, 2025 12:12pm PDT · 1 comment
Photo by Getty
Exclusive

Trump to Outline TikTok Deal Proposal, With ByteDance Retaining Stake

By Kaya Yurieff · Apr 2, 2025 12:12pm PDT · 1 comment
President Donald Trump plans to announce later on Wednesday his plan for a new company called TikTok America, part of his efforts to broker a deal to keep TikTok alive in the U.S., according to a person close to the discussions. It’s unclear whether the Trump administration has approval for the proposed structure from the Chinese... President Donald Trump plans to announce later on Wednesday his plan for a new company called...
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