Bloomberg: Sources: Microsoft remains the biggest holdout among investors in OpenAI’s restructuring, seeking assurance that changes will protect its $13.75B investment — After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company … Lees verder op Tech Meme
Arriana McLymore / Reuters: Sensor Tower: Shein’s ad spend rose 35% MoM in France and the UK in April, while Temu’s jumped 40% MoM and 20% MoM respectively, amid Trump’s de minimis ban — Shein and Temu, fast-fashion e-commerce platforms that ship merchandise from China, boosted their spending on digital ads in Europe in April … Lees verder op Tech Meme
Bloomberg: Sources: Microsoft remains the biggest holdout among investors in OpenAI’s restructuring, and is seeking assurance that changes will protect its $13.75B stake — After months of public pressure, OpenAI walked back part of its effort to create a more conventional for-profit company … Lees verder op Tech Meme
Kirsten Korosec / TechCrunch: Uber and WeRide plan to expand their robotaxi service to 15 more cities over the next five years, including in Europe, after a December 2024 launch in Abu Dhabi — Uber and Chinese autonomous vehicle technology company WeRide plan to expand a commercial robotaxi partnership and bring … Lees verder op Tech Meme
Bloomberg: Sources: OpenAI reaches an agreement to buy Windsurf, an AI coding tool formerly known as Codeium, for about $3B; the deal has not yet closed — OpenAI has agreed to buy Windsurf, an artificial intelligence-assisted coding tool formerly known as Codeium, for about $3 billion … Lees verder op Tech Meme
Lizette Chapman / Bloomberg: Palantir reports Q1 revenue up 39% YoY to $884M, vs. $863M est., and raises 2025 sales guidance to $3.9B; PLTR falls 8%+ after hours — The company described rising demand for artificial intelligence software as a “ravenous whirlwind,” and bumped its 2025 revenue forecast to about $3.9 billion from about $3.75 billion. Lees verder op Tech Meme
Charles Rollet / TechCrunch: Recraft, whose image model Recraft V3 beat OpenAI’s DALL-E and Midjourney on the Artificial Analysis benchmark last year, raised a $30M Series B led by Accel — Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year … Lees verder op Tech Meme
Alex Konrad / Upstarts Media: Sources: Databricks is in advanced talks to acquire startup Neon, a maker of a serverless open-source alternative to AWS Aurora Postgres, for about $1B — An Upstarts paid subscriber special edition: acquisition-hungry data and AI unicorn Databricks is in advanced talks to buy the startup behind … Lees verder op Tech Meme
Raphael Satter / Reuters: App used by Trump adviser says it is temporarily suspending services following reported hack — The communications app used by U.S. President Donald Trump’s former national security adviser, Mike Waltz, says it is temporarily suspending services following a reported hack that exposed some of its messages. Lees verder op Tech Meme
Kevin Breuninger / CNBC: TeleMessage’s parent company says it is “investigating a potential security incident” and has suspended all of its services “out of an abundance of caution” — The messaging app that President Donald Trump’s former national security advisor was seen using during … Lees verder op Tech Meme