the news bizz

In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both Meta and Microsoft are asking for federal approval to trade power (Apple has already received this approval). According to Meta, this will … Read more

A new wave of AI-powered gadgets on the market aims to integrate artificial intelligence into our daily lives like never before. Some of these AI wearables — including necklaces, rings, and wristbands, as well as portable devices — serve as productivity tools, while others claim to act as friendly companions listening to your everyday thoughts. Even … Read more

Thomas Lee Young doesn’t sound like your typical Silicon Valley founder. The 24-year-old CEO of Interface, a San Francisco startup using AI to prevent industrial accidents, is a white guy with a Caribbean accent and a Chinese last name, a combination he finds amusing enough to mention when he’s first introduced to business contacts. Born … Read more

Sierra, a 21-month-old, San Francisco-based startup that builds customer service AI agents for enterprises, announced on Friday that it reached $100 million in annual revenue run rate (ARR). The company’s rapid growth suggests that businesses across industries are embracing AI agents. The startup’s growth rate surprised even its seasoned co-founders, former Salesforce co-CEO Bret Taylor … Read more

Elon Musk’s X has begun rolling out a new feature for user profiles that will display information about the account, including where it’s based, how many times the account has changed its username, the account’s original join date, and how the user downloaded the X app. The new information is meant to reduce inauthentic engagement … Read more