In August 2025, Wang Lei decided it was finally time to say goodbye to his electric vehicle. Wang, who is 39, had bought the car in 2016, when EVs still felt experimental in Beijing. It was a compact Chinese brand. The subsidies were good, and the salesman talked about “supporting domestic innovation.” At the time,…
The data intelligence company has just raised more than $4 billion in a Series L funding round at a $134 billion valuation — up 34% from the $100 billion valuation that it achieved just three months ago.
Adobe is updating its AI video-generation app, Firefly, with a new video editor that supports precise prompt-based edits, as well as adding new third-party models for image and video generation, including Black Forest Labs’ FLUX.2 and Topaz Astra.
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The great AI hype correction of 2025 Some disillusionment was inevitable. When OpenAI released a free web app called ChatGPT in late 2022, it changed the course of an entire industry—and several world…
Can I ask you a question: How do you feel about AI right now? Are you still excited? When you hear that OpenAI or Google just dropped a new model, do you still get that buzz? Or has the shine come off it, maybe just a teeny bit? Come on, you can be honest with…