Startups

Zoom Steps Up Its Game With AI and

Startups 6 Min Read

Here are five things in tech that happened this week and how they affect your business. Did you miss them? 1 – Zoom taps AI to empower customers in safe hybrid work environment. Zoom – the communications platform used by nearly 13 million people each month – is working to further elevate its collaboration services with AI technology. Announcements include

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Startups 2 Min Read

Join Us for WIRED’s AI Power Summit

The strength and capabilities of generative AI are accelerating at a dizzying pace. If you’re finding it difficult to keep up, we get it. That’s why WIRED is hosting its first AI Power Summit on September 15 in New York City.We’ve curated a series of panels and conversations with experts

Startups 4 Min Read

It Looks Like the Tesla Model Y Refresh Has Bombed

Tesla did not respond to WIRED’s request for comment on this article.For Nagley, it's too early to talk about Tesla failing to survive, “but the question is, can they thrive? One of the iron rules about the car industry is that there are model life cycles. People get bored of

Startups 4 Min Read

Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them

Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, is creating a way for investors to bet that President Donald Trump’s signature tariffs will be struck down in court. Traders at the firm’s investment banking subsidiary, Cantor Fitzgerald & Co., say they have

Startups 4 Min Read

X Data Center Fire in Oregon Started Inside Power Cabinet, Authorities Say

A recent, hours-long fire at a data center used by Elon Musk’s X may have begun after an electrical or mechanical issue in a power system, according to an official fire investigation.WIRED was the first to report on the blaze, which occurred on May 22 in Hillsboro, Oregon. Data center

Startups 4 Min Read

The Great Crypto Re-Banking Has Begun

For crypto firms, the vibe shift is a blessing. Although they have comparatively few problems accessing overseas bank accounts—often in the Cayman Islands or Switzerland—in lieu of a US bank account, they are often unable to earn yield on deposits or transact seamlessly with US-based counterparties, and sometimes they incur

Startups 4 Min Read

Silicon Valley AI Startups Are Embracing China’s Controversial ‘996’ Work Schedule

Would you like to work nearly double the standard 40-hour week? It’s a question that many startups in the US are asking prospective employees—and to get the job, the answer needs to be an unequivocal yes. These companies are embracing an intense schedule, first popularized in mainland China, known as

Startups 5 Min Read

Some Cities in China Are Advertising Exclusive Subsidies for Huawei-Powered Cars

WIRED contacted Huawei to ask about its potential role in the subsidies. Huawei did not comment in time for publication.One of the earliest subsidies appeared online in March, when the Commerce Bureau of Shenzhen Longgang District—the district where Huawei’s headquarters are located—posted that local car buyers can get up to

Startups 5 Min Read

OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round

OpenAI is seeking capital from new and existing investors, two people familiar with the company’s plans tell WIRED. The fundraising effort is part of a $40 billion round announced in March. The round will reopen on Monday, July 28, according to one of the sources, who has direct knowledge of

Startups 4 Min Read

Congress Passes GENIUS Act in Major Win for US Crypto Industry

“Competition will be fierce,” says Christian Catalini, founder at MIT Cryptoeconomics Lab and cocreator of Diem, the now-defunct stablecoin project funded by Meta. “You will see many more issuers enter the market and compete. Many of those issuers will be more traditional banks and fintechs.”Crypto advocates argue that stablecoins will

Startups 3 Min Read

This AI Warps Live Video in Real Time

Dean Leitersdorf introduces himself over Zoom, then types a prompt that makes me feel like I’ve just taken psychedelic mushrooms: “wild west, cosmic, Roman Empire, golden, underwater.” He feeds the words into an artificial intelligence model developed by his startup, Decart, which manipulates live video in real time.“I have no

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