Netflix walks away from a deal to buy WBD's studio and streaming assets after WBD deemed Paramount's $31/share bid to be superior; NFLX jumps 8%+
Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board on Thursday deemed …
Nvidia stock is down 5%+, as investor concerns around the AI infrastructure boom dampen enthusiasm about its better-than-expected earnings
Kai Nicol-Schwarz /CNBC:
Nvidia reports Q4 revenue up 73% YoY to $68.13B, above $66.21B est., Data Center revenue up 75% YoY to $62.3B, and forecasts Q1 revenue above estimates
Nvidia Corp., the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales forecast …
Wall Street's idea that a software pure play will “vanish” into an LLM is “nonsense”: we need more software, and AI-enabled software moves up the product stack
Too much of what is going on is a race to get to a theoretical end state of a whole new world of business and technology.
Investor fears that software companies are facing an AI-driven extinction event are exaggerated, but the persistent belief has damaged their stocks for months
Fears that software companies are facing an extinction event are exaggerated, but other dangers are real
An interview with analyst Benedict Evans on the role of productization in AI adoption, an AI bubble, OpenAI, comparing Nvidia and Sun Microsystems, and more
The Circuit on YouTube : X: @hobie_tweets , @howardlindzon , @buccocapital , and @benbajarin X: Hobie / @hobie_tweets : This is correct. Them not winning Apple, and they getting o...
An interview with analyst Benedict Evans on the role of productization in AI adoption, AI bubble, OpenAI, comparing Nvidia to Sun Microsystems, and more
In this conversation, Ben Bajarin and Jay Goldberg engage with Benedict Evans to explore the current state of AI development, its historical context, and future predictions. X: @ho...
Goldman Sachs agrees to acquire multi-stage investment firm Industry Ventures, which has $7B in AUM, for $665M in cash and equity plus $300M tied to performance
Saeed Azhar / Reuters :
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search
Action is happening up-and-down the LLM stack: Nvidia is making deals with Intel, OpenAI is making deals with Oracle, and Nvidia and OpenAI are making deals with each other. X: @bu...
Sources: Intel approached Apple about a potential investment in the chipmaker as part of its turnaround efforts and discussed how to work more closely together
Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter …
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more
#google #chatgpt #openai #ai #gemini @martenmickos : 340 slides you want to read. — Mary Meeker's report on AI trends. — www.bondcap.com/reports/tai Greg Linden / @glinden : At...
Q&A with Mary Meeker on publishing her first Trends report since 2019, its focus on the AI revolution, why OpenAI may have an insurmountable lead, and more
www.bondcap.com/reports/tai @eguango : if you want to know the nitty gritty of the state of AI, can't recommend this report from Mary Meeker strongly enough. [embedded post] Threa...
eToro files for an IPO, seeking to list as ETOR on the Nasdaq, and reports $12.6B in 2024 revenue, ~96% of which was from cryptoassets, and a $192M net income
Presentation of Financial Information — Our audited consolidated financial statements … Emily Jarvie / Proactive : eToro targets $4.5B valuation in Nasdaq IPO Nicholas Kitonyi / ...
Retail investors often bear the brunt of losses in the Solana blockchain's memecoin market, which is rife with insider trading cabals, rug pulls, and “sniping”
Rug pulls. Sniping. Trading “cabals.” The niche world of memecoins on the Solana blockchain is rife with danger …
Palantir stock jumps 11% after announcing a move from the NYSE to the Nasdaq; its stock is up 50%+ since reporting better-than-expected earnings on November 4
Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans …
Sources: E*Trade is weighing kicking meme stock leader Keith Gill off its site over GameStop stock manipulation concerns; GME is up 60%+ since Gill reappeared
Morgan Stanley's trading platform discusses concerns about possible manipulation in GameStop — E*Trade is considering telling …
Linear's CEO, who uses Carta to manage Linear's cap table, says Carta tried to sell Linear shares without his consent; Carta's CEO blames a rogue employee
“This might be the end of Carta as the trusted platform for startups” — Carta, an ambitious 12-year-old Silicon Valley outfit …
Carta is investigating an “internal breach of protocol” that affected Linear and two other companies, where an employee contacted someone “on the cap table”
Anne VanderMey / Bloomberg :
Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee
Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma …
Sources: DocuSign is working with advisers to explore a sale; DocuSign went public in 2018 and now has a $12B+ market cap; DOCU closes up 12.46%
Suitors for the $11 billion company could include private equity and technology firms — E-signature company DocuSign is working with advisers …