Online video company Kuaishou, a major Chinese competitor of TikTok owner ByteDance, said its revenue for the quarter through March rose 37% thanks to robust growth in ad sales, while its losses widened. Kuaishou, whose short-video and live-streaming app competes fiercely with ByteDance’s Douyin, said its soaring ad revenue accounted for 50% of its total revenue in the quarter, up sharply from...
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Larry Summers Has a Message for Silicon Valley
Larry Summers has a message to all of us here in Silicon Valley: It’s time to switch up that reading list. “Perhaps pay a little more attention to history relative to science fiction in terms of understanding all the things that the future may hold,” he said during a conversation with me and The Information subscribers Tuesday.
Nvidia CEO Says Generative AI is an ‘iPhone Moment'
OpenAI Temporarily Shuts Down ChatGPT After Privacy Bug Leaks Users’ Chat Histories
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