VCs “can be actually dangerous for the company if they have enough power”, says Nik Storonsky, who keeps them off Revolut’s board.
Binance says the Binance hack went beyond a compromised laptop. TRM Labs blames North Korea for the $6.36bn theft; about $3bn is frozen.
Foxconn chairman Young Liu says a new OpenAI deal is coming, rejects AI bubble fears, and plans to expand its Houston AI server plants.
San Francisco startup Dream has raised $17M from a16z and others to build AI models that design and engineer buildings.
It’s a big one for me,” says Reddit CEO Steve Huffman, as a Reddit login becomes the norm and Google’s AI search eats into its traffic.
Spotify aims to launch a paid AI tool for fan covers and remixes in early 2027, at $4 to $5 a month, the Financial Times reports.
We are taking a position in this case,” says Wikimedia’s CEO, as its amicus brief splits AI training from chatbot answers.
Anthropic is the unnamed "Customer B" behind 34.5% of SpaceX's Q3 revenue, Bloomberg reports, overtaking the US government, but it can exit from 2027.
The Toronto AI company targets C$7bn at a C$35.7bn valuation, with Canada, Nvidia and Schwarz Group among its backers.
OpenAI will point its robotics programme at data centres, Sam Altman told Cheeky Pint, setting out his idea of self-replicating data centres.
Schindler cited ‘lower monetization’ in AI Mode searches. Alphabet shares fell over 12%, wiping $511bn, as Google takes AI Mode ads global.
Eight states join the Toast FTC lawsuit over hidden fees, a $0.99 charge on diners and cancellation hurdles. Toast says it will fight in court.
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