Barry Diller trusts Sam Altman. But as AGI approaches, “trust becomes irrelevant,” he says.
Billionaire media mogul Barry Diller doesn’t think OpenAI CEO Sam Altman can be trusted, despite recent reports to the contrary. Diller took to the stage this week at the Wall Street Journal’s Future of Everything conference to defend AI executives who have been accused by some former colleagues and board members of being manipulative and […]
Is xAI now neocloud?
On Wednesday, xAI and Anthropic announced a surprise partnership in which Claudemaker will “buy out all the computing power.” [xAI’s] The “Colossus 1 data center” has a capacity of approximately 300MW, which allowed Anthropic to immediately increase usage limits. This is a big deal for xAI, likely worth billions of dollars. More importantly, it immediately […]
Microsoft’s AI datacenter push clashes with clean power goals
Microsoft is considering delaying or scaling back one of its most ambitious clean energy goals, as the rapid buildout of AI data centers puts pressure on its ability to meet the goal. Microsoft hasn’t announced it yet, but Bloomberg reports that the company is internally discussing hourly clean energy matching targets. The company said it […]
Robinhood venture fund’s IPO attracted more than 150,000 individual investors, CEO says
Robinhood CEO Vlad Tenev is touting the success of the fintech’s new Ventures Fund I, which allows retail investors to invest in private technology companies such as Stripe, Oura, Databricks, and OpenAI through exchange-traded funds listed on the New York Stock Exchange. “More than 150,000 retail investors participated in the IPO, so it’s pretty democratized,” […]
Greg Brockman explains how Elon Musk left OpenAI
In late August 2017, key players at OpenAI (then a small nonprofit institute) met to discuss how to create a for-profit entity to commercialize the technology and raise the funding needed to make AGI a reality. Elon Musk wanted complete control of the company and had just given each of his co-founders a Tesla Model […]
Department of Justice says ransomware group exploited Russian government database
A US court has found Latvian hacker Denis Zolotarjovs guilty of a ransomware attack and sentenced him to more than eight years in prison. The Justice Department accused the hacker of belonging to Russia’s notorious ransomware gang Karakurt. Karakurt is a ransomware gang led by former leaders of the Akira and Conti ransomware gangs, which […]
SpaceX could spend up to $119 billion on Terafab chip factory in Texas
SpaceX, the space company that also owns Elon Musk’s AI company xAI, is considering spending at least an initial $55 billion to build a semiconductor factory in Grimes County, Texas, according to a proposal posted on the county’s website. The company estimates it could spend a total of $119 billion on the project, which will […]
DeepSeek could reach $45 billion valuation from first investment round
DeepSeek is in talks to raise its first round of venture capital, with its potential valuation soaring from $20 billion to $45 billion in just a few weeks, the Financial Times and Bloomberg reported. Chinese AI labs rose to prominence in early 2025 by launching large-scale language models trained at a fraction of the computational […]
Apple pays $250 million to settle lawsuit over Siri AI delays
Apple has agreed to pay $250 million to settle a class action lawsuit over how it marketed its AI capabilities ahead of the iPhone 16’s launch. The Financial Times first reported the news. The complaint alleges that Apple overstated the wide range of features offered by Apple Intelligence, including a significantly upgraded version of its […]
3 days left until you get 50% off your second ticket to Disrupt 2026
It’s been 3 days. It’s all that will determine not only whether you attend TechCrunch Disrupt 2026, but also who you will attend at San Francisco’s Moscone West from October 13th to 15th, and how much credibility you will take from this opportunity. Currently, when you buy one pass, you get 50% off a second […]