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Over much of the past year, David Holz, the 37-year-old founder of Midjourney, has devoted himself to a single task: reassuring fans of his AI image-making tool that a new, significant update—version 8—would indeed arrive soon.
Initially, Holz said it might come at the end of 2025. That date slipped to January. Then February. Then earlier this month.
On March 11, Midjourney users confronted Holz about version 8’s ETA on Discord, where Holz takes public questions once a week over video chat in a group with
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Perplexity today launched Personal Computer, an expansion of Perplexity Computer that integrates with local files and apps on a Mac. Personal Computer was announced in March and was available on a waitlist basis, but it is officially rolling out today for Max subscribers. Perplexity Computer came out earlier this year, and it's an all-in-one "digital worker" able to create and execute entire workflows. With today's upgrade, it can run directly... Read more ›
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A new report from South Korea’s ETNews suggests that the supply chain for components related to the iPhone 18 Pro series’ variable aperture cameras has now begun operations. The report claims China's Sunny Optical has reportedly started trial production for actuators, which will be used on the variable aperture cameras. An unnamed industry source confirmed that LG Innotek is on schedule to begin production for the 18 Pro’s camera modules... Read more ›
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Jason Blum, whose studio Blumhouse is behind many of the hottest horror films of the past ten years, speaks with BI's Peter Kafka about AI and more. Read more ›
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OpenAI said Thursday it was making several changes to how it bills companies that use its AI coding agent, Codex, due to rising use of the tools. The changes are geared towards matching the amount customers spend more closely with how much they use the products. OpenAI on Thursday announced a ... Read more ›
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This year’s HumanX—the second AI conference from the team that puts on Money 20/20 and Shoptalk—had a different vibe than the inaugural event did. The fact that it was held at Moscone Center in San Francisco instead of a posh hotel in Las Vegas was a big part of it.While the location made it easier to attract high-profile speakers, it also meant that many attendees appeared to stop by between... Read more ›
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Here’s a suggestion for OpenAI’s management: Stop issuing long-range revenue forecasts to investors. While we at The Information love getting our hands on these, as they make for good stories, it’s doubtful they’re doing OpenAI much good. How can anyone take seriously forecasts for revenue reaching as far out as 2030? (OpenAI projects total revenue will reach $284 billion by then, compared with $13 billion last year.) Analyst Jim Chanos... Read more ›
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SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the figures said. The loss figure includes xAI, the Elon Musk-founded artificial intelligence company that SpaceX acquired in February. The net loss, as well as other financial figures that consolidate SpaceX and xAI’s performance, haven’t been previously reported. Read more ›
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Peter Hoeschele, an OpenAI executive who helped launch the firm’s Stargate data center initiative, has left the startup, according to a person with direct knowledge. Hoeschele was on the original OpenAI Stargate team, which intended to help OpenAI build and operate its own data centers. However, ... Read more ›
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Three senior OpenAI executives who helped launch the company’s original Stargate data center initiative have left or are preparing to depart the ChatGPT maker in the coming days, according to several people with direct knowledge of the matter. Peter Hoeschele, an OpenAI executive who played a key role in getting the Stargate effort off the ground, has already left the company, one of the people said. Two others—Shamez Hemani, who... Read more ›
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Federal Reserve Chair Jereme Powell and Treasury Secretary Scott Bessent on Tuesday summoned leaders of the major U.S. banks, including Citigroup, Bank of America and Wells Fargo, to discuss the cybersecurity risks from Anthropic’s new model, Claude Mythos, Bloomberg reported. The gathering ... Read more ›
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The memory chip market right now is governed by a triumvirate of companies, led by South Korean firm SK Hynix, followed by Samsung, also of South Korea, and U.S. chipmaker Micron. The three stocks soared more than 200% over the last year—and yet they’re still cheap, especially relative to Nvidia’s stock. Investors aren’t giving the companies credit for their stunning growth. SK Hynix and Micron each increased sales nearly 50%... Read more ›
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16.04.2026 16:29
Last update: 16:20 EDT.
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