Despite worries of inflation and slowed consumer spending, shoppers still turned out for Black Friday and Cyber Monday deals. Shopify reported record-setting global sales of $7.5 billion on its platform during the weekend, a 19% jump from last year. But that jump may be a sign that consumers are more motivated by discounts this year as inflation squeezes holiday budgets. RBC Capital Markets...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
AI Agenda ai
Anthropic Makes OpenAI Look Cheap
How much should a well-regarded artificial intelligence startup be worth on paper?That’s the question facing scores of sovereign wealth funds, mutual fund firms and other private equity investors looking at two marquee AI opportunities: OpenAI and Anthropic. OpenAI is in the middle of its second employee share sale in the last six months, and if it succeeds, the new share price could imply an...
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat
AI Agenda ai
AI Startups Are Facing a Reckoning
Exclusive semiconductors ai
Nvidia Deepens Push Into AWS’ Turf
Musk’s X Cuts Half of Election Integrity Team After Promising to Expand It