Brightspeed, a US fibre broadband provider owned by Apollo, is in talks with creditors to raise $2B to $3B of new money, Bloomberg reports. It has about $10B of debt, has warned about its survival, and may file for bankruptcy as soon as December. Brightspeed, an Apollo-backed US fibre broadband…
TSMC is considering making advanced memory chips and has begun drafting plans for 3D DRAM at Nvidia’s request, The Information reports. It would put TSMC up against Samsung, SK Hynix and Micron as AI demand keeps memory scarce. TSMC is considering making advanced memory chips, Bloomberg reported…
Amazon is rolling out texting for Alexa for Shopping, its AI shopping agent, starting with invited US customers. It can find products, place orders and track prices by text. Sponsored products can show up in its replies, free to advertisers for now. Amazon is letting shoppers text its AI shopping…
Tesla will stop making most Cybertrucks at its Texas factory around the middle of next year, chief executive Elon Musk said on Friday. The space will instead be used to build more Cybercabs, the company’s two-seat robotaxis. Musk announced the plan in a post on X, but he did not say whether…
Brian Chesky’s AI lab paid Airbnb $7.1M for some of its intellectual property and to cover certain expenses, Airbnb disclosed in its quarterly filing on Thursday. Chesky, Airbnb’s chief executive, founded the lab and controls it. Under the deal, signed this month, Airbnb can choose to join the lab’s…
Physicl, a Paris-based start-up that creates training data for AI systems that work in the physical world, has raised $10M in seed funding. Inovia Capital led the round, announced on Friday, with U.S. Venture Partners also taking part. The company focuses on what researchers call edge cases. These…
Nothing will ship its first AI device in December, and it is built for work. Chief executive Carl Pei announced it on Wednesday in a long essay on X. He gave no name, price or launch date. “It’s a tool, but one built with the personality and care that have come to define a Nothing […] This story…
While the Shure Mv7 Plus is popular with streamers and podcasters, it’s equally good at impressing your friends and coworkers on meetings and Discord calls. It’s currently marked down to $255 at various retailers, including Amazon, Guitar Center, and directly from Shure. That’s almost $50 lower than…
Meta has bought Conductor, a startup whose app lets software engineers run several AI coding agents at once. Its team will join Meta Superintelligence Labs, chief executive Charlie Holtz said. Axios first reported the deal on Wednesday, and Meta did not disclose the price. Holtz confirmed the deal…
Apple keeps a hidden list of around 100,000 words and phrases that its iPhone keyboard will not suggest to users, according to an independent researcher. The list includes political expressions such as “Dictator Trump” and “Sleepy Joe”, Reuters reported today. The restrictions do not prevent users…
Sam Altman says people took his remark about memory in home computers out of context. The OpenAI chief executive made the point on X on Wednesday. Hours earlier, he had renamed himself “Ram Altman” on the platform. “i actually do want the world to have tons of memory and people to put as much as […]…
Barcelona-based Titan OS, which makes an operating system for smart TVs, has raised $46M (about €40M). Existing investors Highland Europe and Mangrove Capital Partners put in equity. Funds and accounts managed by BlackRock added a credit facility, the company announced on Wednesday. The round brings…
The European Commission has preliminarily found that TikTok breaks EU online safety rules by repeatedly recommending similar videos, potentially trapping users in harmful content loops. The findings, published on Friday, follow a long-running investigation under the Digital Services Act (DSA). The…
A massive permitting bill that could help energy projects come online much quicker and potentially lower utility bills for Americans is advancing with bipartisan support. And while it could be a catalyst for lots of clean energy, it could also speed up polluting projects and limit oversight of new…
A Chinese regulator’s inquiry led OPay to halt its $304M New York listing hours after pricing it, Bloomberg reported. The Nigeria-focused payments company has no operations or revenue in China, according to the report. Loni Prinsloo and Julia Fioretti reported for Bloomberg that OPay’s only link…
The UK government now expects AI to add £55bn to £140bn to the economy by 2030. Its central estimate is £120bn. Its AI Opportunities Action Plan put the gain at £400bn, and AI minister Kanishka Narayan has now confirmed that Google commissioned the report behind that number. Narayan gave both…