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Yesterday’s big news was Google’s plan to blow up traditional search in favor of AI-powered experiences. But Google isn’t the only company planning next-generation discoverability. AThis morning, Bloomberg broke the news that Andreessen Horowitz-backed Exa Labs has raised $250 million at a $2.2 billion valuation to go after the same market. And it’s part of a wave of startups going after AI search, which has quietly become one of the most attractive targets in consumer AI. From Bloomberg: Exa is part of a wave of startups vying to transform the search industry, including Tavily, TinyFish, and Parallel Web Systems. Parallel,…
Meta CEO Mark Zuckerberg attends a dinner with technology leaders in the State Dining Room of the White House on September 4, 2025 in Washington.Will Oliver | Bloomberg | Getty ImagesMeta CEO Mark Zuckerberg told employees in a memo Wednesday that the company’s decision to lay off 8,000 employees was necessary because “success is not a given” in the cutthroat and competitive field of artificial intelligence.”AI is the most important technology of our lifetime,” Zuckerberg said in a memo seen by CNBC. “Companies that lead the way will define the next generation.”Mehta declined to comment. The New York Times first…
A plane stands on the runway at LaGuardia Airport amid mass travel delays on March 28, 2026 in New York, New York. Ryan Murphy | Getty ImagesA sinkhole at New York’s LaGuardia Airport is expected to close the runway and delay flights on Wednesday, local officials said.The Port Authority of New York and New Jersey said in a statement that “crews discovered a sinkhole near Runway 4/22” during a daily inspection of the airfield early Wednesday. “The runway was immediately closed and emergency construction and engineering crews are on scene to determine the cause and complete the necessary repairs as…
A day after Elon Musk lost a lawsuit that threatened OpenAI’s organization, leadership and finances, the AI giant is ready to move forward with an initial public offering, people told The Wall Street Journal. OpenAI CEO Sam Altman reportedly hopes his company will be ready for an initial public offering by September. ChatGPT makers are working with big tech IPO banks Goldman Sachs and Morgan Stanley, and could secretly file IPO documents with regulators in the coming days or weeks, according to the Journal. News of OpenAI’s potential IPO, which is sure to be a blockbuster by any measure, comes…
Superbillionaire Jeff Bezos touted artificial intelligence in an exclusive interview with CNBC on Wednesday, blamed government intervention for the economic crisis and broadly defended himself and his fellow billionaires.but, Amazon In an extensive interview with Blue Origin founder Andrew Ross Sorkin, he initially struck a populist tone, at times sounding more like some progressive Democrat than one of history’s most successful capitalists.”This is like a story of two economies,” Bezos told Sorkin at the beginning of the interview, when asked about the growing criticism of billionaires. “There are a lot of people in this country who are doing very well,…
summary Israel’s far-right National Security Minister Itamar Ben Gvir has sparked international condemnation after footage showed him mocking detained Gaza Platoon activists. Activists were arrested while trying to deliver aid to Gaza, and some were detained at Israeli ports. Even Israeli Prime Minister Benjamin Netanyahu publicly condemned Ben Gvir’s actions as contrary to Israeli values and norms. AI-generated summaries were reviewed by CNN editors. A video of Israel’s far-right national security minister Itamar Ben Gvir mocking a detained Gaza Platoon activist sparked international condemnation and an unusual public rebuke from Israel’s prime minister. Two videos released by Ben Gvir’s office…
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Huang on reporting change: ‘We wanted you to understand our business better’Huang explained the company’s decision to overhaul its quarterly earnings that will break the reporting into two segments: Data center, which has two sub-groups, and edge computing.”On the segmentation and the description of the business, we wanted you to understand our business better,” Huang told analysts during the earnings call.Huang pointed to AI as the nexus of the company’s overall business, but some companies have vastly different technology approaches and initiatives than others. While hyperscalers like Meta and Alphabet might be buying tons of computing gear and related GPUs…
Industry insiders say the next big thing for AI is “proactive” systems, or agents that can anticipate and meet a user’s needs before the user even knows they have a need. One startup looking to make headway in this space is IrisGo. The company, which closed a $2.8 million seed round led by Andrew Ng’s AI Fund earlier this year, is building a desktop companion for PCs that can learn your daily workflows and automate them with limited or no human prompting. IrisGo was co-founded by Jeffrey Lai, a former Apple engineer who helped develop the Chinese version of the…
Mayor Zoran Mamdani (left) and Amazon founder Jeff Bezos.Getty Images (left) | CNBC(R)New York City Mayor Zoran Mamdani fired back at Jeff Bezos on Wednesday. Amazon The founder and executive chairman questioned whether raising taxes on billionaires would do anything to help working-class New Yorkers.”I can double the taxes I pay, but it’s not going to help that teacher in Queens. I promise you that,” Bezos said in a CNBC interview early Wednesday.Mamdani responded in X, “I know some teachers at Queen’s who beg for things to be different.”Meanwhile, Mr. Bezos promoted tax cuts for low-income Americans.He called for eliminating…