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Trump to host tech CEOs over dinner for inaugural event in Rose Garden
U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in Washington, D.C., U.S., May 19, 2025. Kevin Lamarque | ReutersU.S. President…
Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation
French AI startup Mistral AI is finalizing a €2 billion investment at a post-money valuation of $14 billion, reports Bloomberg, positioning the company as one of Europe’s most valuable tech startups. The two-year-old OpenAI rival,…
Figma (FIG) Q2 earnings report 2025
Figma shares plunged 14% in extended trading on Wednesday after the design software company reported results for the first time since its IPO in July.Here's how the company did in comparison with LSEG consensus:Earnings per share:…
Roblox expands use of age estimation tech and introduces standardized ratings
Amid lawsuits alleging child safety concerns, online gaming service Roblox announced on Wednesday that it’s expanding its age estimation technology to all users and partnering with the International Age Rating Coalition (IARC) to…
Alphabet shares pop after Google avoids breakup in antitrust case
Alphabet shares rose 6% in premarket trading on Wednesday as investors viewed the result of Google's antitrust case as broadly favorable to the tech giant.The U.S. Department of Justice (DOJ) had proposed a sort of break-up of Google,…
Salesforce CEO confirms 4,000 layoffs ‘because I need less heads’ with AI
Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Chris Ratcliffe | Bloomberg | Getty ImagesSalesforce has cut 4,000 of its customer support roles, CEO Marc…
Waymo expands to Denver and Seattle with its Zeekr-made vans
Waymo announced Tuesday that it’s going to bring both of its vehicles — the Jaguar I-Pace SUV and the Zeekr van — to Denver and Seattle starting this week, the latest move in a continued expansion across the United States.
The vehicles…
OpenAI buys Statsig for $1.1 billion, hires CEO as applications exec
Sam Altman, CEO of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025.David A. Grogan | CNBCOpenAI continued its spending spree, announcing…
Klarna revives IPO plans, aims to raise $1.27B
Swedish buy-now, pay-later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion.
The company and…
Tesla FSD turns off more U.S. consumers than attracts, survey finds
Elon Musk reacts during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersElon Musk's fervent promotion of Tesla's self-driving technology…
India’s Offgrid raises $15M to make lithium optional for battery storage
Lithium has become the default choice for battery-powered systems, but its limitations — from volatile supply chains to short lifespans — are becoming increasingly difficult to ignore. Offgrid Energy Labs, a deep-tech startup based in…
India’s Reliance ties up with Google and Meta to drive AI push
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to pay his last respect to Indian industrialist Ratan Tata at the National Centre for the Performing Arts (NCPA) ahead of its cremation in Mumbai on October…
Alibaba shares jump 19% on cloud unit growth, report of new AI chip
Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Qilai Shen | Bloomberg | Getty ImagesAlibaba's Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant's cloud…
Lovable’s CEO isn’t too worried about the vibe-coding competition
Every seat in Copenhagen’s Bella Center was full as Anton Osika, the co-founder of the vibe coding app Lovable, took the stage at this year’s TechBBQ conference.
Lovable specializes in helping people build apps and websites, especially…
Tesla appeals $243 million verdict in fatal Autopilot crash suit
Dillon Angulo, 33, looks at a roadside memorial sign reading "Drive Safely In Memory Naibel Benavidez" next to the site of a car crash where a Tesla driver using Autopilot killed her, and left him catastrophically injured in 2019, on…
UK age check law seems to be hurting sites that comply, helping those that don’t
The United Kingdom recently started enforcing the Online Safety Act’s age-check rules, and The Washington Post reports that it’s already having a significant effect on web traffic.
U.K. law now requires pornography websites to verify…
Marvell stock slumps after data center revenue, forecast disappoint
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024.David Paul Morris | Bloomberg | Getty ImagesShares of Marvell Technology plunged 18% on Friday after the artificial intelligence chipmaker's data…
Ambarella stock pops 16% as AI demand boosts guidance
Thomas Fuller | SOPA Images | Lightrocket | Getty ImagesAmbarella stock climbed 16% higher Friday as the chip designer reported better-than-expected fiscal second-quarter results and issued strong guidance.Here's how the company did…