OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters OpenAI CEO Sam Altman said Thursday that the artificial intelligence startup is on track to generate more than $20 billion in annualized revenue run rate this year, with plans […]
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple
Meta reportedly projected 10% of 2024 sales came from scam, fraud ads Read More »
David Sacks, White House AI and Crypto Czar, attends a meeting of the White House Task Force on Artificial Intelligence (AI) Education in the East Room at the White House in Washington, D.C., U.S., September 4, 2025. Brian Snyder | Reuters Venture capitalist David Sacks, who is serving as President Donald Trump’s artificial intelligence and crypto czar, said Thursday
Trump AI czar Sacks says ‘no federal bailout for AI’ after OpenAI CFO’s comments Read More »
Doordash‘s stock plummeted toward its worst session ever as investors rejected the company’s aggressive spending strategy. The food delivery platform said it plans to shell out “several hundred million Dollars” next year on new product initiatives like autonomous delivery and a new global tech stack. These plans will improve its product globally, but involve “direct
Doordash stock drops 15%, heads for worst day ever on spending concerns Read More »
Duolingo‘s stock cratered 27% on lighter-than-expected guidance as the language learning platform zeroed in on user growth in lieu of near-term monetization. “We have made a slight shift over the last quarter in how we invest, and we’re investing a lot more in long-term things because we see that as such a big opportunity ahead
Duolingo stock plunges 27% on light guidance as company prioritizes user growth Read More »
Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has raised $1.6 billion in combined debt and equity in a new fundraising round at a $5 billion valuation. Already the largest parking lot operator in the U.S., handling more than 7% of licensed drivers (nearly
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla is expected to announce on Thursday the results of a shareholder vote determining whether CEO Elon Musk should receive a pay package of nearly $1
Elon Musk expected to prevail in Tesla shareholder vote over CEO’s $1 trillion pay plan Read More »
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong Dollars (about $860 million) and HK$2.39 billion, respectively in
Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut Read More »
Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 61cents vs. 53 cents expected Revenue: $1.27
Robinhood doubles revenue as it beats third-quarter earnings expectations Read More »
Snap shares climbed as much as 25% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and a $500 million stock repurchase program. Here is how the company did compared with Wall Street’s expectations: Earnings per share:Â Loss of 6 cents. That figure is not comparable to analysts’ estimates. Revenue:Â $1.51
Snap shares rocket 25% on strong forecast, $400 million Perplexity deal Read More »
