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Google’s CEO says ‘AI is positively impacting every part of the business’

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Google is all-in on AI, and based on the company’s latest quarterly earnings, AI has been good for its bottom line. In a press release for Alphabet’s Q2 2025 earnings, CEO Sundar Pichai says that “AI is positively impacting every part of the business” and that features like AI Overviews and AI Mode are “performing well.” The company is also planning to increase its planned ca

Employee – CEO pay gap historically wide

Labor unions Taxes Pay & income See all topics Follow The pay gap between America’s corporate leaders and their workers grew even larger in 2024, according to the AFL-CIO’s annual Executive Paywatch report, released Wednesday. CEOs at the nation’s 500 largest public companies took home $18.9 million last year, or 285 times as much as the typical US worker’s paycheck of $49,500. That’s up from a ratio of 268 to 1 a year earlier, according to the AFL-CIO, a powerful federation of labor unions re

Alphabet to report Q2 earnings after the bell

Alphabet is set to report its second-quarter earnings after the bell Wednesday. Here's what analysts polled by LSEG are expecting: Revenue: $93.94 billion $93.94 billion Earnings per share: $2.18 Wall Street is also watching these numbers in the report: YouTube advertising revenue : $9.56 billion, according to StreetAccount : $9.56 billion, according to StreetAccount Google Cloud revenue: $13.11 billion, according to StreetAccount $13.11 billion, according to StreetAccount Traffic acquisi

Texas Instruments stock falls 12% as CEO warns of tariff concerns

The Texas Instruments headquarters in Dallas, Texas, US, on Sunday, Jan. 21, 2024. Texas Instruments shares plunged 12% after the automotive and industrial semiconductor supplier warned of ongoing tariff aftershocks. The company said it expects third-quarter earnings between $1.36 and $1.60 per share, a midpoint of $1.48 per share. That fell short of an LSEG estimate of $1.50. Texas Instruments anticipates revenues between $4.45 billion and $4.48 billion. The midpoint of $4.63 billion was sli

The Switch 2 had a very good launch month

We already knew that Nintendo got off to a strong start with the Switch 2’s launch, and now that the console has been out for a bit, we’re getting a clearer picture on exactly how it performed. According to market research firm Circana, Nintendo’s new console “debuted as the fastest selling video game hardware device in US history,” selling 1.6 million units in June. That topped the previous launch month record held by the PS4, which moved 1.1 million units in November of 2023. Unsurprisingly,

Eight months in, Swedish unicorn Lovable crosses the $100M ARR milestone

Less than a week after it became Europe’s latest unicorn, Swedish vibe coding startup Lovable is now also a centaur — a company with more than $100 million in annual recurring revenue (ARR). Lovable took only eight months since its launch to get here, thanks to the skyrocketing popularity of its AI-powered website and app builder. The startup claims it now has more than 2.3 million active users, and last reported 180,000 paying subscribers. With only 45 full-time employees, and 14 open positio

SubTropolis and KC's Limestone Caves

Beneath Kansas City's streets lies an unexpected wonder—SubTropolis, the world's largest underground business complex, spanning over 6 million square feet in a 270-million-year-old limestone deposit. Carved out of limestone in the 1940s, this hidden metropolis was the vision of Lamar Hunt, famed founder of the Kansas City Chiefs. Originally a mining site, SubTropolis has become an essential part of Kansas City’s economic landscape. The origins of SubTropolis date back to the late 19th and earl

Meta Is Breaking OpenAI $100 Million at a Time

The artificial intelligence landscape, once characterized by collaborative innovation, has dramatically shifted into an all-out war for top talent. At the forefront of this aggressive new era stands Mark Zuckerberg’s Meta Platforms, orchestrating an unprecedented assault on rival OpenAI. This isn’t merely a recruitment drive; it’s a clear declaration of war, fueled by a staggering $300 million offer designed to dismantle the very core of its competitor. The Wall Street Journal is reporting that

Texas Instruments' stock falls on weak forecast

Texas Instruments reported second-quarter results on Tuesday that beat analyst expectations for revenue and earnings. but the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here's how the chipmaker did versus LSEG consensus estimates: Earnings per share : $1.41, vs. $1.35 estimated : $1.41, vs. $1.35 estimated Revenue: $4.45 billion, vs. $4.36 billion estimated Texas Instruments said it expects current quarter earnings between $1.36 and $1.60 per share,

OpenAI agreed to pay Oracle $30B a year for data center services

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post. To recap, on June 30, Oracle disclosed in an SEC filing that it had signed a cloud deal that would generate $30 billion a year in revenue. However, the company didn’t say who it was w

OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round

OpenAI is seeking capital from new and existing investors, two people familiar with the company’s plans tell WIRED. The fundraising effort is part of a $40 billion round announced in March. The round will reopen on Monday, July 28, according to one of the sources, who has direct knowledge of the fundraising effort. The $40 billion round announced earlier this year brought OpenAI’s valuation up to $300 billion, making it one of the most highly valued private startups in history. The round was le

The Hater's Guide to the AI Bubble

Hey! Before we go any further — if you want to support my work, please sign up for the premium version of Where’s Your Ed At, it’s a $7-a-month (or $70-a-year) paid product where every week you get a premium newsletter, all while supporting my free work too. Also, subscribe to my podcast Better Offline , which is free. Go and subscribe then download every single episode. One last thing: This newsletter is nearly 14,500 words. It’s long. Perhaps consider making a pot of coffee before you start

Largest piece of Mars on Earth fetches $5.3M at auction

The largest piece of Mars ever found on Earth was sold for just over $5 million at an auction of rare geological and archaeological objects in New York on Wednesday. But a rare young dinosaur skeleton stole the show when it fetched more than $30 million in a bidding frenzy. The 54-pound (25-kilogram) rock named NWA 16788 was discovered in the Sahara Desert in Niger by a meteorite hunter in November 2023, after having been blown off the surface of Mars by a massive asteroid strike and traveling

CoreWeave stock rises after company announces $1.5 billion bond sale

Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, reacts during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave stock rose more than 1% after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off debt. In May, the company announced a $2 billion

Block's stock pops on addition to S&P 500

The logo for the U.S. tech firm Block is displayed and reflected in numerous digital screens in London, England, on March 3, 2023. Block shares jumped 7% on Monday after S&P Global said the company will join the S&P 500, replacing Hess, which was acquired by Chevron's for $54 billion. The stock rose following the announcement late Friday as investors sought to get in ahead of index fund managers, who will need to buy shares to mimic the changes. Square's $48 billion market cap at Monday's clos

ChatGPT users send 2.5 billion prompts a day

In Brief ChatGPT receives 2.5 billion prompts from global users every day, OpenAI told Axios. About 330 million of those are coming from users in the U.S. These numbers show just how ubiquitous OpenAI’s flagship product is becoming. Google’s parent company, Alphabet, does not release daily search data, but recently revealed that Google receives 5 trillion queries per year, which averages to just under 14 billion daily searches. Independent researchers have found similar trends. Neil Patel of

OpenAI says ChatGPT users send over 2.5 billion prompts every day

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. OpenAI’s ChatGPT sees more than 2.5 billion requests daily, with 330 million from users based in the US, according to data obtained by Axios. The data suggests that ChatGPT users send over 912.5 billion requests to the AI chatbot each year. Although ChatGPT still has a way to go to catch up to Google’s 5 trillion annual searches, its rapid growth s

Figma looks to raise nearly $1B as it kicks off its IPO roadshow

In Brief Enterprise design startup Figma has entered the next step of its IPO journey. Figma announced Monday it is kicking off its IPO roadshow. The company plans to offer more than 36 million shares of class A stock that are expected to be priced between $25 and $28 a share. This offering includes a mix of primary and secondary shares and would allow the company to raise around $1 billion. The company is expected to price its IPO the week of July 28. If the company prices its shares in the

Figma’s Dylan Field will cash out about $60M in IPO, with Index, Kleiner, Greylock, Sequoia all selling, too

When Figma announced its initial hoped-for price range on Monday ($25-$28), it also revealed an unusual decision for its highly anticipated IPO. It will allow existing shareholders to sell more shares than the company plans to sell, by a high ratio. The company plans to offer about 12.5 million shares. Yet existing shareholders will be allowed to cash out of nearly 24.7 million shares, it said. In addition, should this IPO be as hot as everyone thinks it will be, existing shareholders will get

Figma IPO could value design software maker at $16 billion

Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. Design software company Figma on Monday published an updated prospectus for its initial public offering. The company said it expects to sell about 37 million shares at $25 to $28 each. That would generate as much as $1 billion in proceeds, between the company and selling shareholders. The IPO could value Figma, led by co-founder D

TechCrunch Mobility: Uber makes a bet on premium robotaxis

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! A little bird Image Credits:Bryce Durbin If it wasn’t obvious before, it is now. Uber wants a big piece of the autonomous vehicle technology pie. The ride-hailing company has spent the past two years locking in partnerships with just about every AV company you can think of, and across every sector, including delivery, robotaxis,

Figma looks to raise nearly $1 billion as it kicks off its IPO roadshow

In Brief Enterprise design startup Figma has entered the next step of its IPO journey. Figma announced Monday it is kicking off its IPO roadshow. The company plans to offer more than 36 million shares of class A stock that are expected to be priced between $25 and $28 a share. This offering includes a mix of primary and secondary shares and would allow the company to raise around $1 billion. The company is expected to price its IPO the week of July 28. If the company prices its shares in the

CoreWeave stock climbs after company announces $1.5 billion bond sale

Michael Intrator, Founder & CEO of CoreWeave, Inc., Nvidia-backed cloud services provider, reacts during the company's IPO at the Nasdaq Market, in New York City, U.S., March 28, 2025. CoreWeave stock rose more than 1% after the renter of artificial intelligence data centers said it plans to sell $1.5 billion worth of bonds. The company said in a release that the notes, due in 2031, will use the capital for general purposes, such as paying off debt. In May, the company announced a $2 billion

How to Watch Australia vs. British & Irish Lions From Anywhere: Stream 1st Test Rugby Union for Free

After weeks of build up, the British & Irish Lions Test series down under finally gets underway on Saturday as Andy Farrell's men take on Australia at Suncorp Stadium in Brisbane. Below, we'll outline the best live TV streaming services to use to watch this match as it happens, wherever you are in the world, and how to use a VPN if the game isn't available where you are. After an opening-game defeat against Argentina, the Lions have gone on to win five matches in a row against Super Rugby and

Benchmark in talks to lead Series A for Greptile, valuing AI-code reviewer at $180M, sources say

Greptile, an AI-powered code review startup, is in the process of raising a Series A. Sources familiar with the deal tell TechCrunch it’s for $30 million at a $180 million valuation led by Benchmark partner Eric Vishria. But one person says that the deal hasn’t closed and terms may change. Founded by Dasksh Gupta after he graduated from Georgia Tech in 2023, the startup went through Y Combinator in the winter of 2024 cohort, and raised a $4 million seed round led by Initialized Capital after co

Trump’s Cabinet Is Cashing in on Crypto

Congress’s big “Crypto Week” might have faded into the background a bit due to cryptic messages Donald Trump left in a birthday note to Jeffrey Epstein, but Republicans in the House and Senate did, in fact, manage to pass a couple of laws that will establish loose, industry-friendly regulations for cryptocurrency. Which means it is a perfect time to be reminded that the Trump administration is packed with people who stand to benefit from cryptocurrency being mainstreamed. Trump himself, of cour

What is Mistral AI? Everything to know about the OpenAI competitor

Mistral AI, the French company behind AI assistant Le Chat and several foundational models, is officially regarded as one of France’s most promising tech startups and is arguably the only European company that could compete with OpenAI. But compared to its $6 billion valuation, its global market share is still relatively low. However, the recent launch of its chat assistant on mobile app stores was met with some hype, particularly in its home country. “Go and download Le Chat, which is made by

Scientists Will Melt Some of Earth’s Oldest Ice to Solve Climate Mystery

A team of U.K. researchers are planning to melt some of the oldest ice on Earth in an ambitious bid to reconstruct up to 1.5 million years of our planet’s climate history. In doing so, they could also help solve a mystery that has puzzled scientists for over two decades. Over the course of seven weeks, scientists at the British Antarctic Survey plan to gradually melt 1.5-million-year-old Antarctic ice cores at their lab in Cambridge, England, unlocking whatever dust, volcanic ash, and even sing

Perplexity sees India as a shortcut in its race against OpenAI

While OpenAI has cemented its lead in the U.S., Perplexity is taking a different route — quietly expanding into India to compete in the next phase of AI adoption. The search-focused AI startup is rapidly adding millions of users in the world’s second-largest internet and smartphone market, positioning itself for mass-market scale. This week, Perplexity partnered with Bharti Airtel, India’s second-largest telecom operator after Reliance Jio, to offer a free 12-month Perplexity Pro subscription —

We Sure Watched a Lot of Old Netflix Hits in the First Half of the Year

Netflix released its biannual viewership report on Thursday, ahead of its second-quarter earnings call. The findings represent engagement numbers for the first six months of 2025, which equate to about 99% of what was watched between January and June. The hit TV series Adolescence and the action film Back in Action, which starred Jamie Foxx (in his first on-screen role since his hospitalization) and Cameron Diaz, topped the charts. Surprisingly, some Netflix originals released in 2023 and earli