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The AI Report That’s Spooking Wall Street

gizmodo.com Bruce Gil 2025-11-12 22:00:26

A new report from MIT is casting doubt on the hype around the financial value AI brings to businesses, and may be triggering a small tech stock sell-off on Tuesday. The report, The GenAI Divide: State of AI in Business 2025, found that the promised AI gold rush isn’t paying off for most companies yet. Despite the major push to adopt AI tools in the corporate world, fewer than one in ten AI pilot programs have generated real revenue gains. The rest are having no impact on a company’s bottom lin

Topics: ai companies mit report said

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Zuckerberg's Huge AI Push Is Already Crumbling Into Chaos

futurism.com Unknown 2025-11-13 03:11:13

Just a few months into Meta's multi-billion-dollar AI moonshot, CEO Mark Zuckerberg is already shaking up his "Superintelligence Lab" — and some of its longtime leaders are leaving amid the chaos. As the New York Times reports based on insider sources, Meta has announced internally that it will be splitting its AI division into four separate groups: one focused on research, one on so-called "superintelligence," one on products, and another on infrastructure. First leaked in part to The Informa

Topics: ai company meta research zuckerberg

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Amazon goes after the iPad market as it plans $400 Android tablet

9to5mac.com Ben Lovejoy 2025-11-13 03:04:22

Amazon Fire tablets have so far been cheap and cheerful devices, often bought for children. Running a heavily-customized version of Android known as Fire OS, they haven’t achieved much traction in the market … The company is now hoping to change all that with a new tablet aiming to compete in the same premium market as the base model iPad. Reuters doesn’t have many details, but says that it will run a more standard version of Android and will cost around $400. As part of a project known inter

Topics: amazon android company tablet version

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Google says Steph Curry will use its AI to get better at basketball

engadget.com Unknown 2025-11-13 03:15:32

Google has announced a multi-year partnership with Steph Curry at its Made by Google event, and as part of that team-up, it says the NBA superstar will use AI from Google Cloud to improve his performance on the court. Yep, the company is claiming that Google Cloud AI can help the four-time NBA champ, two-time MVP and two-time scoring champion get even better at basketball. According to the company, AI insights can analyze his shot quality as well as sharpen his workout plans. Google's AI Basketb

Topics: ai basketball company google help

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AI Isn’t Coming for Hollywood. It's Already Arrived

wired.com Zoë Schiffer 2025-11-13 10:00:00

Lady Gaga probably wasn’t thinking that a coup would unfold in her greenhouse. Then again, she was cohosting a party there with Sean Parker, the billionaire founder of Napster and first president of Facebook. It was February 2024, and the singer had invited guests to her $22.5 million oceanside estate in Malibu to mark the launch of a skin-care nonprofit. One of the organization’s trustees was her boyfriend, whose day job was running the Parker Foundation. In the candlelit space, beside floor-t

Topics: ai akkaraju company parker stability

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Zoox taps ex-UberPool exec’s startup for routing software help

techcrunch.com Sean O'Kane 2025-11-13 14:00:00

When James Cox, the former leader of Uber’s ride-share product, UberPool, left that company in 2019, the Silicon Valley giant had abandoned its autonomous vehicle development and sold off the division entirely. While UberPool had struggled to take hold, Cox felt a massive opportunity had been missed: taking the core of UberPool’s tech and applying it to robotaxis. For the last five years Cox has instead been running a small startup called The Routing Company, which helps transit agencies match

Topics: company cox robotaxi said tech

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AI Isn’t Coming for Hollywood. It Has Already Arrived

wired.com Zoë Schiffer 2025-11-13 22:00:00

Lady Gaga probably wasn’t thinking that a coup would unfold in her greenhouse. Then again, she was cohosting a party there with Sean Parker, the billionaire founder of Napster and first president of Facebook. It was February 2024, and the singer had invited guests to her $22.5 million oceanside estate in Malibu to mark the launch of a skin-care nonprofit. One of the organization’s trustees was her boyfriend, whose day job was running the Parker Foundation. In the candlelit space, beside floor-t

Topics: ai akkaraju company parker stability

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Finally, Notion now works without an internet connection

techcrunch.com Ivan Mehta 2025-11-13 23:16:57

For years, one of the most annoying issues with using Notion was that you couldn’t get much done offline because of its cloud-first architecture. The company has finally solved that problem, adding support for an offline mode to its apps. To absolutely nobody’s surprise, the company on Tuesday said in a post announcing the update that this is one of the most requested features from users. So users can now finally view, edit and create notes without an internet connection across Notion’s deskto

Topics: app apps company notion offline

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SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

cnbc.com Amala Balakrishner 2025-11-13 22:28:45

The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Other Japanese tech stocks also declined, with semiconductor giant Advantest falling as much as 6.27%. Meanwhile, shares in Renesas Electronics and Tokyo Electron were last seen trading 2.46% and 0.75% lower, respectively. The tech-focused investment firm saw shares drop for a second consecutive session, following its announcement of a $2 billion investment in Intel . Intel shar

Topics: companies declined shares stocks tech

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Databricks is raising a Series K Investment at >$100B valuation

news.ycombinator.com Unknown 2025-11-13 23:06:15

SAN FRANCISCO, CA — August 19, 2025 — Databricks, the Data and AI company, today announced it has signed a term sheet for its Series K round, which it expects to close soon with backing from existing investors. This funding values the company at >$100 billion. The company expects to use the new capital to accelerate its AI strategy — expanding Agent Bricks, investing in its new database offering Lakebase, and fueling global growth. At the June Data + AI Summit, Databricks introduced a new produ

Topics: agents ai company data databricks

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CarPlay just arrived as a free OTA update for one of the fastest-growing EVs

9to5mac.com Zac Hall 2025-11-14 03:56:56

CarPlay has just expanded to one of the fastest-growing EVs on the market, arriving this week through a free over-the-air update. Geely may not be a household name in the United States, but it’s a major global player with ownership ties to Volvo, Polestar, Lotus, and Smart. The company’s latest electric SUV, sold in China as the Galaxy E5 and internationally as the EX5, has surged in sales and ranks high among the most popular EVs. The EX5 launched in mid-2024 and reached its 100,000th unit i

Topics: australia carplay company ex5 update

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Is Meta’s Superintelligence Overhaul a Sign Its AI Goals Are Struggling?

gizmodo.com Ece Yildirim 2025-11-14 03:37:18

Meta is splitting its AI division Meta Superintelligence Labs less than two months after the company announced its formation in June. The group will be split into four smaller groups, according to a New York Times report. One group will focus on AI research, another one on infrastructure and hardware projects, one on AI products, and another one on building out AI superintelligence, a hypothetical AI system that could outperform human intelligence on any and all scales. Facebook did not respon

Topics: ai company meta superintelligence zuckerberg

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Grammarly Pushes Beyond Proofreading With AI-Powered Writing Guidance

cnet.com See Full Bio 2025-11-14 06:45:04

Grammarly is expanding beyond its grammar-checking roots. The company has announced the launch of several specialized AI "agents" and a new writing tool called Grammarly Docs, designed to help students and professionals with everything from drafting essays to polishing workplace emails. It's another example of generative AI expanding beyond general-purpose chatbots like ChatGPT and Gemini into more specialized domains. Other examples of gen AI in educational circles include Google's NotebookLM

Topics: agents ai company grammarly writing

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Meta's AI voice translation feature rolls out globally

engadget.com Unknown 2025-11-14 17:09:45

On Tuesday, Meta rolled out its new voice dubbing feature globally. The Reels feature uses generative AI to translate your voice, with optional lip-syncing. Mark Zuckerberg first previewed the feature at Meta Connect 2024. At launch, the translations are only available for English to Spanish (and vice versa). The company says more languages will arrive later. At least at first, it's restricted to Facebook creators with 1,000+ followers. However, anyone with a public Instagram account can use it

Topics: ai company feature lip meta

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Robinhood Tries to Rebrand Sports Betting as Investing

gizmodo.com Aj Dellinger 2025-11-14 17:45:07

Robinhood has gotten a reputation as a platform where people make wildly speculative investments without sufficient guardrails. So it’s only right that it’s getting into the sports betting business. The company announced on Tuesday that it is launching “prediction markets” for college and professional football as part of a partnership with Kalshi. According to the company, it’ll start listing “contracts” for NFL and NCAA games in the coming days, with plans to make each matchup open for two wee

Topics: betting company football robinhood sports

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Microsoft employees occupy headquarters in protest of Israel contracts

theverge.com Hayden Field 2025-11-14 17:22:39

is The Verge’s senior AI reporter. An AI beat reporter for more than five years, her work has also appeared in CNBC, MIT Technology Review, Wired UK, and other outlets. On Tuesday, a group of current and former Microsoft employees, as well as community members, took over a plaza at Microsoft’s headquarters in Redmond, Washington, as part of a No Azure for Apartheid protest. They declared the area a “Liberated Zone” encampment and said they had changed its name from East Campus Plaza to “The Mar

Topics: calls company microsoft plaza workers

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Databricks says it's valued at over $100 billion in latest funding round

cnbc.com Jordan Novet 2025-11-14 22:18:28

Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it's raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance and OpenAI, according to data from CB Insights. Databricks CEO Ali Ghodsi told CNBC's Brian Sullivan that the total round will exceed $1 billion. The company was last valued by private investors at $62

Topics: billion company databricks investors said

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Forklifts require training

news.ycombinator.com Zac Sweers 2025-11-14 20:30:26

A lot gets covered in today's discourse about AI in software development. Most of it is noise, ranging from nihilism that we're all writing mediocre code anyway so why does it matter to endless wannabe AI influencers doing engagement bait on Twitter. Every new model release gets a bunch of threadicles 👇 amounting to the 2025 version of "Safari feels snappier". Some of it is useful, mostly crafty developers in the community sharing novel ways they're using it to solve hard problems or draw inspir

Topics: ai code companies developers junior

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Two Years After Oceangate, Another Billionaire Hears the Siren Call of the Titanic

gizmodo.com Lucas Ropek 2025-11-14 22:15:28

Two years ago, a guy named Stockton Rush was killed while piloting his “experimental” submarine towards the site of the Titanic. On board the “Titan” were four other unfortunate victims, including Pakistani businessman Shahzada Dawood (described as a billionaire) and his teenage son. Rush’s company, Oceangate, had made its money by courting wealthy clients and taking them on trips to the undersea site, but that all ended with an unfortunate implosion. Now, yet another billionaire has reportedly

Topics: billionaire company lahey oceangate titanic

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Denshattack! is a blend of Tony Hawk, trains and shonen anime

engadget.com Unknown 2025-11-15 08:41:06

Denshattack! is what happens when Tony Hawk trades in his skateboard for a high-speed Japanese train. Yes, you read that correctly. Denshattack! is the latest game from Barcelona indie studio Undercoders, and it's a delirious, high-speed action experience complete with flow states, a banging original soundtrack, flamboyant characters and coming-of-age drama. Players attempt to keep their train moving while jumping, wall riding, spinning, landing tricks and nailing combos. Between the rail-hoppi

Topics: action denshattack game high japanese

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OpenAI releases $4 ChatGPT plan, but it's not available in the US for now

bleepingcomputer.com Unknown 2025-11-15 06:28:00

OpenAI has finally announced the GPT Go subscription, which costs just $4 in the US or INR 399 in India. Unfortunately, the cheapest paid version of GPT is limited to India for now. If you live in India or have an account made in India, you'll now begin seeing a nudge to try GPT Go when you're using a free account. Source: BleepingComputer When you select Try Go, you'll be asked to pay at least $4. Right now, it is limited to India, but OpenAI says that it will come to more regions soon. GP

Topics: expanded gpt india openai plan

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Asus has the new world’s fastest OLED monitor at 720Hz, and it’s dripping with style

theverge.com Sean Hollister 2025-11-15 08:31:13

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. We might have a new king of esports gaming monitors — one with fewer compromises than usual. Asus has just announced the ROG Swift OLED PG27AQWP-W at Gamescom 2025. Not only does it offer a 26.5-inch 2560 x 1440 QHD OLED screen at a blazing-fast 540Hz, it’s also a dual-mode panel that can switch to a practically unheard-of 720Hz refresh rat

Topics: asus monitor new oled panel

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Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder

cnbc.com Dylan Butts 2025-11-15 12:03:22

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel , according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker's largest stakeholder. As part of a potential deal, the government is also considering converting some or all of Intel's grants f

Topics: act administration company government intel

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Elastic rejects claims of a zero-day RCE flaw in Defend EDR

bleepingcomputer.com Unknown 2025-11-15 12:41:26

Enterprise search and security company Elastic is rejecting reports of a zero-day vulnerability impacting its Defend endpoint detection and response (EDR) product. The company's statement follows a blog post from a company called AshES Cybersecurity claiming to have discovered a remote code execution (RCE) flaw in Elastic Defend that would allow an attacker to bypass EDR protections. Elastic’s Security Engineering team "conducted a thorough investigation" but could not find "evidence supportin

Topics: ashes company cybersecurity edr elastic

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New York City Is Stuck With a $45 Million EV Fleet That’s Glitchy as Hell

gizmodo.com Riley Gutiérrez Mcdermid 2025-11-15 12:50:14

There’s going green for the sake of the planet, and then there’s going green as part of a policy initiative that winds up buying a bunch of glitch-plagued electric vehicles from a company that went bankrupt and can no longer service them. The latter is the exact story of a New York-based company called American Lease, which has spent around $45 million for 2,800 cars from Fisker, a now-dead EV startup that only made 11,000 of that model in its short life anyway, and is now using them as part of

Topics: 000 american cars company fisker

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OpenAI Is Poised to Become the Most Valuable Startup Ever. Should It Be?

wired.com Kylie Robison 2025-11-15 12:00:00

OpenAI is reportedly on the verge of a roughly $500 billion valuation, a figure that would make it the most valuable private company in the world—bigger than SpaceX, TikTok’s parent company Bytedance, and even public giants like Palantir. It’s a staggering number for a company with an “astronomical burn rate.” How is this even possible? As Axios reports, there are actually two deals in play: a SoftBank-led round valuing the company at $300 billion, which won’t close until year’s end, and a seco

Topics: billion company investor like openai

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TechCrunch Mobility: Ford’s big bet

techcrunch.com Kirsten Korosec 2025-11-15 12:02:00

Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Ford made its big EV announcement early this week — a plan to invest $2 billion to transform its Louisville Assembly Plant into a factory capable of making a new generation of affordable EVs, starting with a midsize pickup truck with a base price of $30,000 that is slated to launch in 2027. Amid the prese

Topics: company just million startup techcrunch

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10 Pixels in, the purpose of a Google-made smartphone remains the same

engadget.com Unknown 2025-11-15 17:30:07

Google didn't need to make its own smartphone. Even though the company spent several years having other manufacturers build phones it could slap its "Nexus" branding on, selling hardware is not core to Google's business. Things like advertising and Search still handily dwarf the inroads the company's made as a smartphone manufacturer, and that will likely remain true for the foreseeable future. Compared to the contributions the iPhone makes to Apple's bottom line, the Pixel has always, in some

Topics: company google like phone pixel

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Labubus Are on Track to Be a Billion-Dollar Business This Year

wired.com Zeyi Yang 2025-11-15 16:49:54

Labubus, the mischievous elf plush toys seen hanging on every celebrity’s designer bag this summer, have gone viral across the world, but now we know exactly how popular—and profitable—they have been. On Tuesday, the Chinese company Pop Mart, which manufactures and sells the Labubu franchise, released its financial report for the first half of 2025, and it has had a terrific year. Overall, Pop Mart’s revenue grew 204 percent compared to the year before, and net profits increased 362 percent. Th

Topics: company labubu mart percent pop

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Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China

cnbc.com Annie Palmer Chris Eudaily 2025-11-15 22:48:25

Nvidia said Tuesday that it is evaluating several products following a report that the company is working on a new artificial intelligence chip for China that is more powerful than the currently available H20. The new product, tentatively called the B30A, is expected to be based on Nvidia's Blackwell chip architecture, Reuters reported, citing people familiar with the company's plans. Nvidia hopes to deliver sample units to Chinese clients for testing as soon as next month, according to Reuters

Topics: chip company new nvidia president

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Latest Tech News

The AI Report That’s Spooking Wall Street

Zuckerberg's Huge AI Push Is Already Crumbling Into Chaos

Amazon goes after the iPad market as it plans $400 Android tablet

Google says Steph Curry will use its AI to get better at basketball

AI Isn’t Coming for Hollywood. It's Already Arrived

Zoox taps ex-UberPool exec’s startup for routing software help

AI Isn’t Coming for Hollywood. It Has Already Arrived

Finally, Notion now works without an internet connection

SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

Databricks is raising a Series K Investment at >$100B valuation

CarPlay just arrived as a free OTA update for one of the fastest-growing EVs

Is Meta’s Superintelligence Overhaul a Sign Its AI Goals Are Struggling?

Grammarly Pushes Beyond Proofreading With AI-Powered Writing Guidance

Meta's AI voice translation feature rolls out globally

Robinhood Tries to Rebrand Sports Betting as Investing

Microsoft employees occupy headquarters in protest of Israel contracts

Databricks says it's valued at over $100 billion in latest funding round

Forklifts require training

Two Years After Oceangate, Another Billionaire Hears the Siren Call of the Titanic

Denshattack! is a blend of Tony Hawk, trains and shonen anime

OpenAI releases $4 ChatGPT plan, but it's not available in the US for now

Asus has the new world’s fastest OLED monitor at 720Hz, and it’s dripping with style

Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder

Elastic rejects claims of a zero-day RCE flaw in Defend EDR

New York City Is Stuck With a $45 Million EV Fleet That’s Glitchy as Hell

OpenAI Is Poised to Become the Most Valuable Startup Ever. Should It Be?

TechCrunch Mobility: Ford’s big bet

10 Pixels in, the purpose of a Google-made smartphone remains the same

Labubus Are on Track to Be a Billion-Dollar Business This Year

Nvidia says it's evaluating a 'variety of products' after report of new AI chip for China

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