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Memo: MiniMax CEO Junjie Yan tells employees he will forgo his salary until MiniMax achieves AGI and promises to allocate personal shares to employee incentives (Juro Osawa/The Information)

Memo: MiniMax CEO Junjie Yan tells employees he wi...

4 months ago 20 Add to circle

OpenAI and Google are providing advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a gap in US AI controls (Madhumita Murgia/Financial Times)

OpenAI and Google are providing advanced AI models...

4 months ago 48 Add to circle

Interviews with employees and insiders reveal how CXMT is amassing tech, funding, and state support to challenge top memory chipmakers and build local suppliers (Gao Yuan/Bloomberg)

Interviews with employees and insiders reveal how ...

4 months ago 21 Add to circle

A look at Meta Superintelligence Labs' growth in the past year, including a top-tier RL environment and compute ramp that could catch up to Anthropic and OpenAI (SemiAnalysis)

A look at Meta Superintelligence Labs' growth in t...

4 months ago 22 Add to circle

Sources: Manus investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor (Zijing Wu/Financial Times)

Sources: Manus investors and management are discus...

4 months ago 26 Add to circle

Carlyle agrees to sell US data center power and infrastructure platform Copia to EQT; sources: the deal values Copia at $2.6B, a fivefold return for Carlyle (Financial Times)

Carlyle agrees to sell US data center power and in...

4 months ago 27 Add to circle

Oxylabs, which develops web data scraping infrastructure, received a $130M investment at a $3.6B valuation from Warburg Pincus, its first outside investment (Mike Wheatley/SiliconANGLE)

Oxylabs, which develops web data scraping infrastr...

4 months ago 23 Add to circle

MiniMax is looking to raise as much as $1.9B by selling 35.6M shares at ~$34 each and offering ~$830M in convertible bonds due 2027 (Bloomberg)

MiniMax is looking to raise as much as $1.9B by se...

4 months ago 26 Add to circle

1X says its humanoid robot Neo's five-fingered hands have tendon-style actuators that give it 25 degrees of freedom of movement, nearly the same as a human hand (Boone Ashworth/Wired)

1X says its humanoid robot Neo's five-fingered han...

4 months ago 24 Add to circle

How the internet, smartphones, social media, and now generative AI are accelerating a drop in the reading of longer works like books (Rose Horowitch/The Atlantic)

How the internet, smartphones, social media, and n...

4 months ago 23 Add to circle

SAP will make it easier for customers to switch to rival service providers or end contracts, averting a possible EU antitrust fine after a September 2025 probe (Foo Yun Chee/Reuters)

SAP will make it easier for customers to switch to...

4 months ago 22 Add to circle

SK Hynix raises $26.5B in the largest ever US market debut by a foreign company, selling 177.9M ADRs for $149 each; the sale was more than 7x oversubscribed (Bloomberg)

SK Hynix raises $26.5B in the largest ever US mark...

4 months ago 22 Add to circle

Fidji Simo is stepping down from her full-time role at OpenAI because her medical condition has worsened, and will become a part-time adviser (Wall Street Journal)

Fidji Simo is stepping down from her full-time rol...

4 months ago 26 Add to circle

Mercor acquires Deeptune, which builds reinforcement learning environments for AI agents, three months after CEO Brendan Foody backed Deeptune's $43M Series A (Lily Mae Lazarus/Fortune)

Mercor acquires Deeptune, which builds reinforceme...

4 months ago 21 Add to circle

Sources: Netflix executives are increasingly worried about declining engagement and are exploring adding live TV and bundling streaming services like Peacock (Wall Street Journal)

Sources: Netflix executives are increasingly worri...

4 months ago 19 Add to circle

Coinbase's chief legal officer, Paul Grewal, is stepping down after six years; VP of legal Molly Abraham moves into his role with the title of general counsel (Hannah Lang/Reuters)

Coinbase's chief legal officer, Paul Grewal, is st...

4 months ago 22 Add to circle

Federal Reserve Chair Kevin Warsh names Marc Andreessen and Xbox CEO Asha Sharma to lead a task force on the economic impact of new technologies, including AI (Andrew Ackerman/Washington Post)

Federal Reserve Chair Kevin Warsh names Marc Andre...

4 months ago 19 Add to circle

Google says it will automatically add a disclosure to ads that are made with its AI advertising tools, expanding the disclosure beyond election ads to all ads (Sarah Perez/TechCrunch)

Google says it will automatically add a disclosure...

4 months ago 23 Add to circle