Here are the latest updates from Techmeme
Techmeme (techmeme.com) is a long-running technology news aggregator website and curator website that focuses on surfacing the most important, trending, and breaking tech news stories from across the web in real time. Techmeme aggregates tech-related news articles, blog posts, and social media discussions from thousands of sources such as The Verge, TechCrunch, Wired, The Information, Bloomberg, and X (Twitter) and presents them in a ranked, curated feed based on relevance, popularity, and source credibility.
Today’s updates on Techmeme
- Josh Scott / BetaKit: Toronto-based Wealthsimple, an online investment management service, raised CA$750M co-led by Dragoneer and GIC at a post-money valuation of CA$10B — Up to $750-million financing includes $550-million primary and $200-million secondary offerings. — Toronto-based FinTech […]
- Vallari Srivastava / Reuters: NextEra Energy and Google sign a 25-year power supply deal, which includes restarting the 615MW Duane Arnold nuclear plant in Iowa, shut down in 2020 — U.S. utility NextEra Energy (NEE.N) and Alphabet's (GOOGL.O) Google […]
- Financial Times: Sources: Forge Global, a leading platform for trading stakes in private startups, is exploring a sale, after its stock fell 90% since its 2021 IPO — Platform for trading stakes in private start-ups went public in 2021 […]
- Asa Fitch / Wall Street Journal: A look at Anthropic's success with corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32% vs. OpenAI's 25% — Anthropic, backed by […]
- Ashley Capoot / CNBC: OpenAI urges the US to commit to building 100GW of new energy capacity each year to stay ahead of China in AI, and says “electrons are the new oil” — OpenAI on Monday said the […]
- Milana Vinn / Reuters: Sources: SAP is considering a new bid for accounting software company BlackLine, after its previous bid of nearly $4.5B was rejected in June — – Previous $66 per share offer was rejected in June, a […]
- Greg Bensinger / Reuters: Sources: Amazon plans to lay off ~10% of corporate staff, or ~30,000 people, its largest layoffs since 2022, to reduce costs and address pandemic overhiring — Amazon (AMZN.O) is planning to cut as many as […]
- Annie Palmer / CNBC: Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+ — Shares of iRobot plunged 33% on Monday after the […]
- Jez Corden / Windows Central: Sources: Microsoft's next Xbox will run Windows, letting users play PlayStation titles on Steam and the full Xbox console library, without a multiplayer paywall — The new Xbox platform is said to be a […]
- Hannah Murphy / Financial Times: Internal memo: Vishal Shah, who led Meta's metaverse unit, will now lead AI product management; sources: Vibes was rushed out to get ahead of OpenAI's Sora — Vishal Shah takes on key role after […]
- MiniMax: China's MiniMax releases MiniMax M2, an open-source model optimized for AI agents and coding and priced at $0.30/1M input tokens and $1.20/1M output tokens — From Day 1 of our founding, we have been committed to the vision […]
- OpenAI: OpenAI estimates that around 0.07% of ChatGPT users active in a week show “severe mental health symptoms” like mania, and details its safety improvements — We worked with more than 170 mental health experts to help ChatGPT more […]
- Dion Lim / CEO Dinner Insights: The current AI investment boom will spark a “wildfire” that wipes out some companies, yet bolsters and enables others by unlocking GPUs, energy, and talent — AI won't crash—it will burn. Like every […]
- Webb Wright / ZDNET: Anthropic expands Claude for Financial Services with a beta Claude for Excel integration, additional data connectors, and new pre-built Agent Skills — ZDNET's key takeaways — Anthropic's Claude chatbot just got a suite of finance […]
- Emily Mason / Bloomberg: Citigroup and Coinbase say they are exploring on-chain stablecoin payments and simpler crypto-fiat transfers for Citi's institutional clients — Citigroup Inc. and Coinbase Global Inc. are teaming up to provide expanded digital-asset payment capabilities to […]
Powered by tech-meme.
Views: 7,519
