Month: September 2025
One-time ‘SPAC King’ Palihapitiya launches new blank-check vehicle with plan to ‘temper’ retail fervor
Key Points Chamath Palihapitiya has launched a $345 million SPAC that he said was more than five times oversubscribed. The vehicle is designed to target companies in AI, energy, defense and decentralized finance. Palihapitiya once helped ignited the SPAC boom in 2020, but his first wave of deals mostly ended poorly for retail investors who […]
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Google’s AI Mode adds images as search giant tries to keep pace with rivals
Zoom In IconArrows pointing outwards Google’s AI Mode Courtesy of Google Google is adding visual results to its artificial intelligence-powered search experience called AI Mode, the company announced on Tuesday. The search giant rolled out AI Mode in the U.S. in May, launching primarily as a text-based tool that could answer questions using natural language. […]
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DoorDash launches delivery robot in latest push into autonomous technology
DoorDash launches autonomous delivery robot called Dot. Courtesy: DoorDash Your DoorDash deliverer could soon look a little different. DoorDash on Tuesday announced a robot, known as Dot, that navigates busy streets, parking lots and sidewalks to bring customers their food. Dot marks DoorDash’s first official standalone push into autonomous vehicle technology. The company previously tested […]
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AI chip company Cerebras raises $1 billion in pre-IPO funding round
Cerebras CEO Andrew Feldman, front row, second from left, participates in a ribbon-cutting ceremony for the company’s data center in Oklahoma City on Sept. 22, 2025. Cerebras AI chipmaker Cerebras filed to go public exactly a year ago. The company has yet to take the plunge, but has now bought itself more time to stay […]
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Government shutdown: ‘Democrats should do the right thing,’ Speaker Johnson says
House Speaker Mike Johnson (R-LA) accompanied by Vice President J.D. Vance, Senate Majority Leader John Thune (R-SD), and Office of Management and Budget Director Russ Vought, speaks during a press conference following a meeting between President Trump and Congressional Democratic leaders on funding the government, in Washington, DC on September 29, 2025. Nathan Posner | […]
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Startup Scorability wants to revolutionize college sports recruiting as NIL takes off
Coaches and staff use the Scorability recruiting dashboard to discover, evaluate, and engage with recruits Scoreability Sports tech platform Scorability has raised $40 million in fresh funding as the company looks to modernize college sports recruiting, the company announced on Tuesday. The funding round was led by Bluestone Equity Partners, with participation from sports merchandising […]
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Hertz will let customers do almost entire car buying process online
Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a trade-in offer and do just about everything else a customer would need to buy a vehicle. The move is a significant step for Hertz’s online retail presence. Previously, the company’s HertzCarSales.com website had only offered […]
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It’s Amazon’s turn to show off new devices: All eyes on Alexa+, Echo and Kindle
An Amazon device is displayed at an Amazon Devices launch event in New York City on Feb. 26, 2025. Brendan McDermid | Reuters Amazon is hosting a launch event on Tuesday where it’s expected to unveil significant updates to its devices lineup. The event is slated to kick off at 10 a.m. ET and will […]
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Here’s JPMorgan Chase’s blueprint to become the world’s first fully AI-powered megabank
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co. speaks during an event honoring local construction workers who helped build the firm’s new headquarters at 270 Park Avenue, in the Midtown area of New York City, U.S., Sept. 9, 2025. Shannon Stapleton | Reuters Deep within the bowels of JPMorgan Chase’s data […]
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Stop overworking yourself before it’s too late, says Arianna Huffington. It’s no sign of success
Arianna Huffington has spent a lot of time thinking about the links between working hard and success, and she has come to the conclusion that there is a “collective delusion” about the positive correlation, while pervasive neglect of risks that can be literally fatal. She has spent years studying the science, but she also draws […]
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