This story was originally published by Chalkbeat. Sign up for their newsletters at ckbe.at/newsletters. Sorry kids, New York City students will still not have a traditional snow day, no matter how many inches fall. School will be in session on Monday, whether in-person or remote, Mayor Zohran Mamdani said on Friday as he provided an update on the […]

The post Mamdani Nixes Monday Snow Day appeared first on THE CITY - NYC News.

Meta is "temporarily pausing" the ability for teens to chat with its AI characters as it develops a "new version" of the characters that will offer a "better experience." The company made the announcement in an update to a blog post from October where the company had detailed more parental controls for teen AI use. […]

Bloomberg:
Sources: Richard Socher's Recursive is in talks to raise hundreds of millions at a $4B pre-money valuation to build self-improving superintelligent AI  —  Famed artificial intelligence researcher Richard Socher is in talks to raise hundreds of millions of dollars for a new startup called …

When President Donald Trump made his budget proposal last May, disaster loomed for housing in New York. He wanted to combine housing vouchers, public housing aid and assistance to the elderly and disabled into a single grant for each state — and sharply cut the $13 billion New York State receives for those programs. Trump […]

The post Congress Defies Trump By Boosting Money for Housing appeared first on THE CITY - NYC News.

Jordan Novet / CNBC:
Source: Databricks obtained $1.8B in fresh debt and now has over $7B in debt ahead of a potential IPO; it raised $4B+ in December at a $134B valuation  —  Data analytics software company Databricks has landed $1.8 billion in fresh debt, a person familiar with the matter told CNBC.