Cloud Computing
Oracle’s shares soared in after-hours trading yesterday following news that the company had secured several multi-billion-dollar contracts. Now, details are emerging that point to OpenAI as one of its biggest customers. According to reporting from The Wall Street Journal, OpenAI has agreed to purchase $300 billion worth of compute
Transportation
If you know Arc Boats, the Los Angeles startup founded in 2021 by former SpaceX engineers, it’s probably because of its sleek, futuristic sport boats. But the company is now steering into heavier waters: tugboats. On Wednesday, Arc announced its first major commercial contract — a $160 million deal with
Media
YouTube announced on Wednesday that its multi-language audio feature is officially rolling out after a two-year pilot, giving millions of creators the ability to dub their videos in different languages. The feature, which had been in testing since 2023, is designed to help creators grow their global audiences by making
Software Development
Replit, the fast-growing collaborative coding platform, has closed a $250 million funding round that values the company at $3 billion, according to sources familiar with the deal. The round marks a dramatic leap in valuation from its last raise in 2023, when the startup secured $100 million at a $1.
Funding
Fintech company Pipe is teaming up with Uber Eats in a new initiative designed to make it easier for small restaurants to secure capital. The partnership will embed Pipe’s financing technology directly into the Uber Eats Manager app, giving thousands of U.S. restaurants access to customized, pre-approved funding
Media
Video platform Vimeo announced Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 billion. The transaction is expected to close in the fourth quarter of 2025, pending regulatory approval and customary
Transportation
Lyft riders in Atlanta can now hail a self-driving vehicle through the app, marking the first commercial rollout of the company’s partnership with autonomous vehicle startup May Mobility. The pilot program, which began this week, represents Lyft’s latest effort to gain ground in the increasingly competitive robotaxi market.
Transportation
Amazon-owned Zoox has officially opened its futuristic robotaxi rides to the public in Las Vegas — and for now, they’re free. The company, which has been developing its custom-built autonomous vehicles for more than six years, announced Wednesday that anyone over 18 can now hail one of its driverless cars
Transportation
Travelers in and around New York City and parts of Southern Europe may soon find a new option on their Uber app: helicopters. Joby Aviation, the California-based electric air taxi startup, announced Wednesday that helicopters operated by Blade Air Mobility will be bookable on Uber as early as 2026. While
Potbelly, the Chicago-based sandwich shop chain, announced Wednesday that it will be acquired by convenience-store operator RaceTrac in a $566 million all-cash transaction. The deal, which values Potbelly shares at $17.12 apiece—a 47% premium to Tuesday’s closing price—is expected to close in the fourth quarter of
Mercor, the fast-rising startup that supplies domain experts to leading artificial intelligence companies, is in talks with investors for a Series C round that could value the company at more than $10 billion, according to documents viewed by TechCrunch and sources familiar with the discussions. Felicis, which led Mercor’s
A new kind of computer that harnesses light instead of digital switches could dramatically reduce the energy demands of artificial intelligence (AI), according to a groundbreaking study published Sept. 3 in Nature. Microsoft researchers behind the project describe it as a "new computing paradigm" with the potential to
Microsoft is expanding its artificial intelligence partnerships, with plans to integrate Anthropic’s AI models into Office 365 applications, The Information reports, citing two sources familiar with the deal. The move marks a significant shift for Microsoft, which has so far leaned heavily on OpenAI’s technology to power its
Novartis announced Tuesday that it will acquire U.S.-based Tourmaline Bio in a deal valued at roughly $1.4 billion, as the Swiss pharmaceutical giant seeks to expand its cardiovascular drug portfolio. Under the agreement, Novartis will purchase Tourmaline Bio shares at $48 each, valuing the clinical-stage biopharma company
Apple today launched the iPhone 17 Pro and iPhone 17 Pro Max, introducing a redesigned body, upgraded camera system, and the company’s latest A19 Pro chipset. The new flagship models also feature larger batteries and start at higher base storage tiers. New Design and Thermal System In a departure
Apple has officially unveiled the iPhone Air, its slimmest iPhone to date, measuring an astonishing 5.6mm in thickness. The launch represents not just a leap in design but also the start of a broader strategy to reinvent the iPhone lineup over the next three years. A New Design Benchmark
At its “Awe-dropping” event on Tuesday, Apple introduced the long-anticipated third-generation AirPods Pro, marking the first major refresh of its flagship earbuds since 2022. Priced at $249, the new AirPods Pro bring health-focused sensors, smarter software features, and a sleeker design to Apple’s most advanced earbuds. Heart-Rate Tracking Arrives
At its AI Infrastructure Summit on Tuesday, Nvidia announced a new GPU, the Rubin CPX, specifically engineered to handle context windows larger than 1 million tokens. The breakthrough marks a major step in enabling AI models to process and reason over unprecedented volumes of data. Built for long-context AI The
The US Army has awarded contracts to two competing industry teams — one led by Anduril Industries Inc. in partnership with Meta Platforms Inc., and another led by Rivet Industries Inc. — to develop prototypes for a next-generation combat goggle system. While the Army did not disclose the total program value or
London-listed Anglo American and Canada’s Teck Resources unveiled plans on Tuesday to merge in a landmark deal that would create one of the world’s largest copper-focused mining companies. The all-share transaction, valued at more than $53 billion, is set to be the second-biggest mining M&A deal
ASML Holding, the Dutch semiconductor equipment giant, is making a bold bet on artificial intelligence by investing €1.3 billion ($1.5 billion) in Paris-based startup Mistral AI. The deal, announced Tuesday, gives ASML an 11% stake in Mistral and values the two-year-old company at roughly €11.7 billion — making
