Month: November 2024

Coatue is raising $1B for AI bets

by

Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday. The funding, which will top up the firm’s flagship fund, will be raised primarily from institutional investors. However, high-net-worth individuals with accounts at the brokerage Raymond James and … Read more

Here’s when the Black Friday sales start at Amazon, Walmart, and other retailers

by

Illustration by Alex Castro / The Verge Black Friday officially kicks off on November 29th, but if you plan to make that the only day you buy gifts this holiday season, you’re missing out. Several prominent retailers, including Best Buy and Target, have already started rolling out their holiday discounts online and in-store. Both retailers … Read more

Meta’s former hardware lead for Orion is joining OpenAI

by

Meta’s former head of augmented reality hardware announced on Monday she is joining OpenAI to lead robotics and consumer hardware, according to a post on LinkedIn. OpenAI confirmed to TechCrunch that Caitlin Kalinowski will be joining the startup. Kalinowski is a hardware executive who began leading the development of Meta’s augmented reality hardware team in … Read more

Datadog challenger Dash0 aims to dash observability bill shock

by

The end of zero-interest rates has driven companies to look for savings wherever they can, but one area continues to be a major budget drain. Observability — collecting and understanding data and systems — typically remains an organization’s second-highest cloud expenditure, right after cloud provisioning itself. People have even gone so far as to talk … Read more