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An Apple store in Mumbai. Getty Images

Apple Delays Release of Next iPhone Air Amid Weak Sales

By Wayne Ma and Qianer Liu · Nov 10, 2025 11:10am PST · 1 comment

Apple is delaying the release of next year’s version of the iPhone Air, its thinnest smartphone, after the first model sold below expectations, according to three people involved in the project. Although the length of the delay remains uncertain, the product won’t be released in fall 2026 as previously planned, they said. Apple has already... Apple is delaying the release of next year’s version of the iPhone Air, its thinnest smartphone,...

Anthropic CEO Dario Amodei. AP Images.

Anthropic to Outpace OpenAI in Server Efficiency, Internal Projections Show

By Sri Muppidi · Nov 10, 2025 6:00am PST · 3 comments

As OpenAI and Anthropic seek to make similar breakthroughs in artificial intelligence, their financial paths may be headed in different directions. Both companies produced financial projections a few months ago that show a divergence in how much they plan to spend on computational resources, which make up the vast majority of their costs. While... As OpenAI and Anthropic seek to make similar breakthroughs in artificial intelligence, their...

Richard Socher. Screenshot via YouTube

You.com CEO Socher Seeks $1 Billion for New AI Lab

By Stephanie Palazzolo, Natasha Mascarenhas and Miles Kruppa · Nov 7, 2025 9:46am PST

Richard Socher, CEO of AI search startup You.com and a former chief scientist at Salesforce, hopes to raise around $1 billion for a new AI research startup he will oversee, said two people who spoke to senior staff at You.com. Socher will remain at the helm of You.com, he said in an interview. Socher said his new AI lab will focus on developing... Richard Socher, CEO of AI search startup You.com and a former chief scientist at Salesforce,...

Photo of Noam Shazeer by Getty Images. Art by Mike Sullivan

Google’s $2.7 Billion AI Hire Tests Company’s Speech Limits With Inflammatory Posts

By Sylvia Varnham O'Regan and Erin Woo · Nov 7, 2025 6:00am PST · 13 comments

Photo of Noam Shazeer by Getty Images. Art by Mike Sullivan

Google’s $2.7 Billion AI Hire Tests Company’s Speech Limits With Inflammatory Posts

By Sylvia Varnham O'Regan and Erin Woo · Nov 7, 2025 6:00am PST · 13 comments

This spring, Google AI leader Noam Shazeer posted a comment in one of the company’s internal discussion forums, in response to a post about how Google employees could support their transgender and nonbinary colleagues on International Transgender Day of Visibility. “I do not believe that humans have an attribute called gender,” Shazeer wrote,... This spring, Google AI leader Noam Shazeer posted a comment in one of the company’s internal...

Nvidia CEO Jensen Huang. Getty Images

U.S. to Block Nvidia’s Sale of Scaled-Back AI Chips to China

By Qianer Liu · Nov 6, 2025 5:32pm PST · 5 comments

The White House has told others in the federal government it won’t allow Nvidia to sell its latest scaled-down AI chips to China, despite President Donald Trump’s hints over the summer that he might allow the company to do so, according to three people with knowledge of the matter. The decision is a major blow to the AI chip giant, which has... The White House has told others in the federal government it won’t allow Nvidia to sell its...

Tom Vice, the former CEO of Sierra Space, speaks in front of the company's Dream Chaser space plane in 2023. Getty Images

Sierra Space Is Raising Cash in Pivot to Defense

By Cory Weinberg · Nov 6, 2025 6:00am PST

Sierra Space reached for the stars but never got off the ground. The privately held company burned through much of the $1.7 billion it raised in large part to build a space plane for NASA called Dream Chaser that has never flown into orbit. Now Sierra is seeking about $300 million in fresh funding to pivot from primarily building a space shuttle... Sierra Space reached for the stars but never got off the ground. The privately held company...

Decagon CEO and co-founder Jesse Zhang. YouTube/Startup Grind.

Customer Support AI Startup Decagon in Talks to Raise at $4 Billion Valuation

By Stephanie Palazzolo and Natasha Mascarenhas · Nov 5, 2025 1:21pm PST · 1 comment

Decagon, which develops AI for automating customer service, is discussing raising equity funding from new investors at a valuation of $4 billion to $5 billion, according to two people with direct knowledge of the deal. The discussions come just five months after the company announced financing at a $1.5 billion valuation. The deal discussions... Decagon, which develops AI for automating customer service, is discussing raising equity funding...

Crusoe CEO Chase Lochmiller. Photo via Getty

OpenAI’s Data Center Partner Nears $120 Million Stock Sale For Its Employees

By Anissa Gardizy, Natasha Mascarenhas and Sri Muppidi · Nov 5, 2025 11:28am PST

Crusoe CEO Chase Lochmiller. Photo via Getty

OpenAI’s Data Center Partner Nears $120 Million Stock Sale For Its Employees

By Anissa Gardizy, Natasha Mascarenhas and Sri Muppidi · Nov 5, 2025 11:28am PST

Crusoe, a startup developing a large data center in Texas for Oracle and OpenAI, is arranging an employee share sale that values the seven-year-old firm at around $13 billion, according to two people with knowledge of the transaction. The deal involves selling around $120 million worth of employee shares and would value them at a 30% premium to... Crusoe, a startup developing a large data center in Texas for Oracle and OpenAI, is arranging an...

Anthropic CEO Dario Amodei. Getty Images.

Anthropic Projects $70 Billion in Revenue, $17 Billion in Cash Flow in 2028

By Sri Muppidi · Nov 4, 2025 6:30am PST · 2 comments

Anthropic this summer hiked its most optimistic growth forecasts by roughly 13% to 28% over the next three years and projected generating as much as $70 billion in revenue in 2028, up from close to $5 billion this year, according to a person with knowledge of the company’s financials. The company expects demand from businesses for its AI models... Anthropic this summer hiked its most optimistic growth forecasts by roughly 13% to 28% over the...

Ilan Twig, co-founder and chief technology officer of Navan, center left, and Ariel Cohen, co-founder and chief executive officer of Navan, center right, during the company’s initial public offering in New York.

Lightspeed, Zeev Win Billions From Navan IPO

By Katie Roof · Oct 30, 2025 7:44pm PDT

Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150... Travel software firm Navan, which weathered a pandemic, name change and government shutdown on...

Photo by Getty Images

Tesla’s Scaled Back Robotaxi Timeline Still Faces Obstacles

By Theo Wayt · Oct 30, 2025 6:00am PDT · 3 comments

Elon Musk has already dampened expectations for when Tesla will widely roll out its robotaxi service, which the CEO says is critical to the automaker’s future. But it’s questionable whether Tesla will even be able to hit the lowball expansion figures Musk disclosed to Tesla shareholders last week. Tesla has yet to complete all the paperwork... Elon Musk has already dampened expectations for when Tesla will widely roll out its robotaxi...

Art by Mike Sullivan

The Creative Dealmaking Behind Meta’s $30 Billion Data Center Financing

By Miles Kruppa · Oct 28, 2025 6:00am PDT · 3 comments

Art by Mike Sullivan

The Creative Dealmaking Behind Meta’s $30 Billion Data Center Financing

By Miles Kruppa · Oct 28, 2025 6:00am PDT · 3 comments

It took a year and some financial acrobatics, but Meta Platforms and a small army of bankers and lawyers were able to secure funding for a $27 billion data center project without doing any immediate damage to the company’s finances. A private letter from the Securities and Exchange Commission helped seal the deal. ... It took a year and some financial acrobatics, but Meta Platforms and a small army of bankers...

Photo of Palmer Luckey by Getty Images. Art by Mike Sullivan.

Anduril Is a Hot Ticket Despite Burning More Than $800 Million in Cash

By Cory Weinberg · Oct 27, 2025 6:00am PDT

Defense tech company Anduril expects to burn through $800 million to $900 million in cash this year in an aggressive bid to win giant Pentagon contracts. Investors big and small are unperturbed, lining up to back the fast-growing seller of drones, missiles and border surveillance towers. The company appears to be the most coveted stock in the... Defense tech company Anduril expects to burn through $800 million to $900 million in cash this...

SoftBank's Masayoshi Son (left) and OpenAI's Sam Altman. Photo by Getty Images

SoftBank Greenlights Remaining $22.5 Billion of OpenAI Investment

By Sri Muppidi · Oct 25, 2025 1:19pm PDT · 1 comment

SoftBank has taken the next step to complete its gargantuan $30 billion investment in OpenAI. The Japanese conglomerate’s board has approved a second installment of $22.5 billion on that investment, as long as the artificial intelligence startup completes a corporate restructuring that would pay the way for an eventual public offering, according... SoftBank has taken the next step to complete its gargantuan $30 billion investment in OpenAI. The...

Photo via Getty

Google Investigates Weekslong Security Breach Involving Contractor

By Sylvia Varnham O'Regan and Erin Woo · Oct 25, 2025 11:12am PDT · 2 comments

Google is investigating a breach of its security systems involving a contractor who took almost 2,000 screenshots and sensitive internal files, including information related to Google’s Play store systems and guardrails, according to a person with knowledge of the situation. The contractor sent the images to an unidentified outsider, the person... Google is investigating a breach of its security systems involving a contractor who took almost...

Rodrigo Liang, Co-founder & CEO, SambaNova Systems. Getty Images.

AI Chip Startup SambaNova Explores Sale After Stalled Fundraising

By Valida Pau · Oct 25, 2025 7:34am PDT · 2 comments

Rodrigo Liang, Co-founder & CEO, SambaNova Systems. Getty Images.

AI Chip Startup SambaNova Explores Sale After Stalled Fundraising

By Valida Pau · Oct 25, 2025 7:34am PDT · 2 comments

Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to complete a fundraising round, according to people with direct knowledge of the matter. The Palo Alto, Calif., startup was last valued at $5 billion in 2021. SambaNova and other AI chip startups have had difficulty growing sales in the face of... Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to...

Art by Clark Miller. Photo of OpenAI CEO Sam Altman by Getty Images

OpenAI Moves to Generate AI Music in Potential Rivalry With Startup Suno

By Sri Muppidi and Erin Woo · Oct 24, 2025 2:22pm PDT · 1 comment

OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from “Lord of the Rings” but with Gen Z characters, or Pokémon’s Pikachu as “The Godfather.” Now the company has set its sights on doing the same thing with music. OpenAI staff have been taking steps to develop AI... OpenAI recently made a splash with artificial intelligence that generates short videos from text...

Andreessen Horowitz General Partner Anjney Midha. Photy by Getty Images.

Andreessen Horowitz General Partner Midha to Establish Compute Firm

By Katie Roof · Oct 24, 2025 12:52pm PDT · 1 comment

Andreessen Horowitz’s artificial intelligence chip hunter is setting out on his own. Anjney Midha—an Andreessen general partner who helped the firm’s startups gain access to highly sought-after graphics processing units—told the firm’s staff on Friday that he was setting up an outside venture called AMP to “provide compute and... Andreessen Horowitz’s artificial intelligence chip hunter is setting out on his own. Anjney...

SoftBank CEO, Masayoshi Son. Getty Images

SoftBank Hunts for Humanoid Robot Startups

By Rocket Drew · Oct 23, 2025 11:11am PDT · 2 comments

SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans. But some of SoftBank’s bets in robotics over the past 10 years, such as robot companion Pepper, have not panned out. Now the company is renewing its robot ambitions—particularly in robots that resemble humans. Late... SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take...

Art by Clark Miller; Getty Images

Could Apple and Musk’s SpaceX Finally Do a Satellite Deal?

By Aaron Tilley and Wayne Ma · Oct 23, 2025 6:30am PDT · 1 comment

Art by Clark Miller; Getty Images

Could Apple and Musk’s SpaceX Finally Do a Satellite Deal?

By Aaron Tilley and Wayne Ma · Oct 23, 2025 6:30am PDT · 1 comment

A few years ago, Elon Musk pitched Apple unsuccessfully on the idea of his company, SpaceX, providing satellite connectivity to iPhones. There are tantalizing hints that such a deal could be back on the table. In recent months, in anticipation of a possible future arrangement with Apple, SpaceX has added support in its new satellite designs for... A few years ago, Elon Musk pitched Apple unsuccessfully on the idea of his company, SpaceX,...