Shares of CoreWeave, the first artificial intelligence start-up to go public, finished its first day of trading at $40.01 a share, one penny above the disappointing initial public offering price the company had set a day earlier. The company’s share price, trading under the ticker symbol CRWV, signaled concern among Wall Street investors about the … Read more
Over the last 12 months, Google’s efforts to use artificial intelligence to accelerate drug design have achieved breakthroughs in mimicking human biology and won its top scientists the Nobel Prize in Chemistry. Now Isomorphic Labs, the division within the software giant meant to develop and commercialize the technology, is taking another big step: raising money … Read more
The White House has spent the week trying to downplay the revelation that top national security officials discussed plans for U.S. strikes in Yemen on Houthi militants over Signal, a commercial messaging app. In a stunning breach of national security, the Defense Secretary, Pete Hegseth, disclosed specific operational details before the attacks in the group … Read more
Elon Musk said on Friday that he had sold X, his social media company, to xAI, the artificial intelligence start-up he founded in 2023, in an unusual arrangement that may raise conflict-of-interest questions. The all-stock deal valued xAI at $80 billion and X at $30 billion, Mr. Musk said on X. The price for X … Read more
The chairman of the Federal Communications Commission said on Friday that he had opened an investigation into Disney’s diversity, equity and inclusion programs in the latest attempt under the Trump administration to halt such efforts. In a letter to Robert Iger, the chief executive of Disney, Brendan Carr, the chairman, said the company’s programs to … Read more
In two photographs taken for the fashion retailer H&M, the model Mathilda Gvarliani is seen posing in a white tank top and jeans. The images look like takes from the same shoot, but one of the photos shows the real Ms. Gvarliani, and the other is an artificially manipulated image of her. Published this week … Read more
Trevor Milton, who was convicted by a federal jury in 2022 of defrauding investors in the electric truck maker Nikola, has received a pardon from President Trump, the White House confirmed. Mr. Milton, who founded and is the former chief executive of Nikola, was sentenced to four years in prison and fined $1 million after … Read more
Listen to and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTube | iHeartRadio This week, we dig into the group chat that’s rocking the Trump administration and talk about why turning to Signal to plan military operations probably isn’t a great idea. Then, we’re joined by the podcaster Dwarkesh Patel to discuss his new … Read more
Automakers can respond to President Trump’s new 25 percent tariffs on imported cars and parts in several ways. But all of them cost money and will lead to higher car prices, analysts say. Manufacturers can try to move production from countries like Mexico to the United States. They can try to increase the number of … Read more
When CoreWeave, the cloud computing company vying to become the first major artificial intelligence start-up to go public, filed paperwork for a public listing earlier this month, it was a mark of optimism in an otherwise rocky market for I.P.O.s. But now that optimism has faded as the New Jersey-based CoreWeave significantly reduced the size … Read more