Topic: ceo statements
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David Zaslav: HBO Max Is 'Way Underpriced'
Warner Bros. Discovery CEO David Zaslav believes HBO Max is significantly undervalued and plans to increase subscription prices, citing its premium content as justification. Zaslav stated that HBO Max is "way underpriced" compared to the value it delivers, despite its current pricing aligning wit...
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Oura CEO Responds to Backlash, Envisions 'Cloud of Wearables'
Oura CEO Tom Hale denies any data-sharing with the Department of Defense or Palantir, asserting that user health data remains private and is not shared without explicit consent. The company's involvement with the DoD is limited to a secure enterprise solution, and its terms of service strictly pr...
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Nvidia Soars to $5 Trillion Milestone as CEO Rejects AI Bubble Fears
Nvidia has become the first company to reach a $5 trillion market capitalization, driven by securing $500 billion in AI chip orders and plans to build seven supercomputers for the U.S. government, surpassing Apple and Microsoft. CEO Jensen Huang dismissed concerns of an AI bubble, citing strong d...
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ChatGPT's Allure: The Rise of Its Most Addictive Era
OpenAI will allow verified adult users to generate mature content, including erotica, in a significant policy shift from previous restrictions. CEO Sam Altman describes this change as part of a "freedom for adults" philosophy, moving away from acting as moral police for users. This update could d...
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Nvidia and Intel's $5B Deal Targets AMD's Market Share
Nvidia and Intel have formed a $5 billion partnership to develop integrated CPU-GPU solutions targeting the laptop and server markets, directly challenging AMD's strong position. The collaboration focuses on using Intel's CPUs and Nvidia's GPUs with NVLink technology to create compact, power-effi...
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Databricks Hits $100B Valuation Milestone with $4B ARR
Databricks has reached a $100 billion valuation after securing $1 billion in new funding, highlighting its rapid growth in the AI and data analytics sector. The funding will support development of a database platform to compete with Supabase, targeting AI agent applications, as automated data gen...
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Sony Won't Acquire Warner Bros, Owner of Batman and Mortal Kombat
Sony has officially withdrawn from consideration to acquire Warner Bros, ending speculation about gaining control of major gaming franchises like Mortal Kombat and Batman: Arkham. Sony's CEO Hiroki Totoki stated the company is not pursuing major Hollywood mergers and is instead focusing on streng...
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AI Startup Friend's $1M Subway Ad Blitz
Friend, a new wearable AI device, is being heavily promoted in the New York City subway system with a marketing campaign costing over one million dollars and featuring thousands of ads. The campaign is described as a major gamble for the startup, aiming to generate buzz despite the CEO acknowledg...
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HBO Max hikes prices for third consecutive year
HBO Max is increasing prices for the third consecutive year across all subscription tiers, affecting both monthly and annual plans. Specific price hikes include the Basic with Ads plan rising by $1 to $10.99 monthly, the Standard ad-free plan increasing to $18.49, and the Premium 4K plan going up...
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GM Halts Electric Chevy BrightDrop Van Production
General Motors is discontinuing Chevy BrightDrop electric van production at its Ontario plant due to weak demand in the commercial EV sector, leading to unsold inventory. The decision, influenced by slower market growth and changing regulations, will affect the workforce, with GM considering alte...
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The AI Monopoly: Welcome to the Blob
The AI industry has consolidated into a powerful network of corporations, governments, and financial interests, raising concerns about control and the technology's intended beneficiaries. Initially driven by ideals of public benefit, exemplified by Elon Musk's early involvement with DeepMind and ...
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Helldivers 2 to Get RuneScape-Style Long-Term Updates, No Sequel Planned
Helldivers 2 will not have a sequel and will instead be supported as a long-term, evolving game, inspired by enduring titles like RuneScape. The developer, Arrowhead Game Studios, aims to continuously expand the game with new content and features to make it a "forever game," with strong support f...
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Pine Labs Cuts IPO Valuation in Global Fintech Push
Pine Labs is proceeding with its IPO at a valuation of approximately $2.9 billion, which is about 40% lower than its previous private valuation of over $5 billion in 2022, and has reduced its fundraising target by 20%. The company has evolved from providing point-of-sale systems to offering a bro...
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Divergent Secures $290M to Boost Military Component Manufacturing
Divergent Technologies has raised $290 million, valuing the company at $2.3 billion, to scale production of military components like missile parts. The funding will expand its Los Angeles facilities and build a new factory in Oklahoma, using specialized 3D printing for up to 600 distinct parts. T...
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Amazon's Fall Hardware Event: What to Expect
Amazon is hosting its annual fall hardware event on September 30th, 2025, in New York City, where it is expected to introduce new Echo devices, Fire TV products, and Kindle e-readers. The invitation hints at a possible color Kindle Scribe model with stylus support, suggesting advancements in e-re...
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Atlassian Acquires The Browser Company for $610M
Atlassian acquires The Browser Company for $610 million in an all-cash deal to develop specialized, AI-enhanced browsers for professional productivity. The acquisition will focus on advancing the Dia browser project, with The Browser Company retaining operational independence while accelerating h...
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Databricks Eyes $130B+ Valuation in New Funding Round
Databricks is in talks for a new funding round that could value the company at over $130 billion, reflecting strong investor confidence and rapid growth in the AI sector. The company plans to use recent funds to develop a specialized AI database and advance its AI agent platform, with CEO Ali Gho...
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Groww IPO Raises $750M Amid India's Investing Boom
Groww launched India's largest fintech IPO this year, raising ₹66.3 billion and achieving a 29% surge in share price, boosting its market valuation to around ₹795 billion. Founded in 2016, the platform targets novice investors and competes with established firms, supported by a user base of over ...
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AMD Partners with OpenAI to Rival Nvidia in AI Chips
AMD and OpenAI have formed a five-year strategic alliance, with AMD supplying six gigawatts of processing capacity to challenge Nvidia's dominance in the AI chip market. The partnership is projected to generate tens of billions in revenue for AMD and includes an option for OpenAI to acquire a sig...
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Twitch Adds Easy Rewind Feature for Streams
Twitch has introduced a new feature allowing viewers to rewind live streams directly from the channel page, making it more convenient than navigating to the Videos section. Initially, the rewind function is available only on the web version and is limited to Twitch Turbo and channel subscribers t...
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Anthropic Raises $13B Series F at $183B Valuation
Anthropic has raised $13 billion in a Series F funding round, reaching a post-money valuation of $183 billion to support enterprise adoption, safety research, and global expansion. The company's annual recurring revenue surged from $1 billion to $5 billion in 2025, driven by strong API usage and ...
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Tech Giants Invest Billions in AI Startup Anthropic
Microsoft and Nvidia are investing billions in AI startup Anthropic, with a $30 billion commitment from Anthropic to use Microsoft's cloud infrastructure and additional funding from both companies. This partnership connects major OpenAI backers with a key competitor, as Microsoft integrates Anthr...
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Cursor AI secures $2.3B funding just 5 months after last round
Cursor raised $2.3 billion in funding, doubling its valuation to $29.3 billion and highlighting strong investor interest in AI development tools. The investment was led by Accel and Coatue, with support from Nvidia, Google, and Thrive Capital, aimed at advancing their in-house AI model, Composer....
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iFixit's FixBot: Your AI Repair Assistant for Expert-Level Fixes
The iFixit app provides a mobile toolkit with step-by-step repair guides, direct parts purchasing, and a unique AI assistant called FixBot for conversational troubleshooting. FixBot, a free AI helper, diagnoses issues by asking questions and drawing from iFixit's repair database, with a future su...
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Google: Open Web in "Rapid Decline"
Google's court filing admits the open web is in rapid decline, contradicting its public statements about a healthy online ecosystem. The company argues against breaking up its ad tech business, warning it would harm publishers reliant on advertising revenue. Despite public claims that AI search t...
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GPT-5.1: OpenAI's 'Warmer' AI with Enhanced Personality
OpenAI has launched GPT-5.1, featuring two specialized models—Instant for responsiveness and Thinking for complex tasks—to enhance ChatGPT interactions, with automatic model selection for optimal responses. The update includes expanded personality presets for tailored communication and an experim...
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