Last week, Gap Inc. launched a chatbot to field product-related questions from Gap.com visitors, but the chatbot ended up discussing topics that fell outside the scope of questions it was supposed to handle, including intimacy products, sex toys, and Nazi Germany, according to a person with ... Read more ›
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To a casual observer, OpenAI and Anthropic might have appeared—until recently—to be the Uber and Lyft of the AI world, with Anthropic the distant rival to the dominant OpenAI. That feels to be less the case nowadays. In fact, Anthropic—with its disciplined focus on serving businesses and expectations it will turn a profit several years before OpenAI does—is starting to look like a surer bet. Anthropic CEO Dario Amodei’s appearance... Read more ›
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Anthropic CEO Dario Amodei on Wednesday threw shade at archrival OpenAI, saying at The New York Times Dealbook Summit that “we don’t have to do any code reds.” It was a reference to our report Monday that OpenAI CEO Sam Altman initiated a “code red,” shifting staff to improve ChatGPT and image generation in response to Google’s success with its latest AI.Amodei maintains that Anthropic will be in a better... Read more ›
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For years, there has been speculation about when $100 billion-plus private tech companies like Stripe, SpaceX and Databricks could go public. Now AI darlings OpenAI and Anthropic are on IPO watch. Like every company that takes on significant venture capital, both companies have had early conversations with financial institutions about the possibility of eventually going public, according to our sources. “Talk of a potential IPO or other exit someday helps... Read more ›
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The departures of senior executives from Apple continue to mount. On Thursday, the company announced two executives would be retiring in the coming months: general counsel Kate Adams and Lisa Jackson, vice president of environment, policy and social initiatives. Jennifer Newstead, who was ... Read more ›
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Nvidia said one of its most powerful AI servers, which enables 72 chips to work in unison, can boost the performance of some of the world’s top open-source artificial intelligence models by a factor of 10. The announcement comes as Nvidia faces intense competition from other AI chips including ... Read more ›
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In recent months, some websites have become increasingly concerned about an influx of traffic from what they suspect are artificial intelligence chatbots, which can drive up those sites’ costs and swipe their content. But separating the bots from legitimate human visitors is no easy task. Several months ago, for example, a staffer at cybersecurity firm DataDome prompted xAI’s chatbot Grok to visit a website DataDome runs to analyze security threats.... Read more ›
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Warner Bros. Discovery has entered into exclusive talks to sell its film and TV divisions and streaming service to Netflix, Bloomberg reported. The move would represent a seismic shift in the media landscape by combining the world’s most popular streaming service with one of Hollywood’s most ... Read more ›
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When AI software sellers pitch their vision of the future, it can start to feel paradoxical.On one hand, sellers say AI can meaningfully automate large swaths of white collar work, which should in theory help companies save money because they won’t need to pay as many humans. On the other hand, if companies cut jobs while embracing automation, there will be fewer white collar workers buying software subscriptions.Earlier this week,... Read more ›
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Fluidstack, a cloud provider aiding Google’s AI chip push, is in talks to raise more than $700 million in new financing, according to two people with knowledge of the deal. A one-year-old investment fund started by ex-OpenAI researcher Leopold Aschenbrenner is in talks to lead the financing, one of the people said. Aschenbrenner’s fund, Situational Awareness, has stakes in AI cloud provider CoreWeave and AI developer Anthropic, which is a... Read more ›
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There may be some blurry light at the end of the tunnel for Marc Benioff. Salesforce’s fiscal third-quarter numbers released on Wednesday suggest its revenue from AI products is growing enough to lift its annual growth rate just a bit. Salesforce is still growing very slowly—its new projection is for revenue to expand 9.2% in the current fiscal year, when you exclude the impact of a recent acquisition. Still, for... Read more ›
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Database firm Snowflake said Wednesday its revenue rose 29% to $1.21 billion in the quarter that ended Oct. 31, beating its growth forecast for the quarter by 3 percentage points. CEO Sridar Ramaswamy attributed the growth to increasing usage of Snowflake’s database products by companies running ... Read more ›
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OpenAI has agreed to buy Neptune, a startup that makes tools for monitoring and analyzing progress during AI model training. Terms of this transaction weren’t disclosed but OpenAI is paying less than $400 million in stock, according to people with knowledge of the deal. OpenAI’s Chief Scientist ... Read more ›
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Morgan Stanley has held preliminary talks with investors about offloading some of the credit risk associated with its data center lending activities, Bloomberg reported. The bank is considering selling what’s known as a significant risk transfer product tied to loans it’s made to companies ... Read more ›
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K2 Space, a young satellite manufacturing startup stocked with former SpaceX engineers, is raising hundreds of millions of dollars in a funding round that would roughly quadruple its valuation to about $3 billion, according to people familiar with the matter and a corporate filing. The round underlines how defense and space investing has attracted more generalist venture capital firms—and how expensive it’s become. Redpoint Ventures, an investment firm known more... Read more ›
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Meta is hiring one of Apple’s top designers, Alan Dye, who ran the company’s user interface design team, Bloomberg reported. Longtime designer Stephen Lemay will take his spot at Apple, the news outlet reported. Apple’s design team has suffered from regular bouts of turnover since the company’s ... Read more ›
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The Information is thrilled to announce that Amy Dockser Marcus, a Pulitzer Prize-winning reporter from the Wall Street Journal and three-time book author, is joining The Information to cover health and science for Weekend. Over her career, Amy has become one of the most authoritative figures in journalism on the subject of how scientific advances are reshaping society. In recent years, her work for the Journal has included thought-provoking stories... Read more ›
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Walmart has added new guidelines outlining how AI agents and large language models should interact with and access information from its website, making it the latest e-commerce company to clearly define how outside AI tools can use its site. Walmart didn’t immediately have a comment. Walmart’s ... Read more ›
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More than a few years ago, I met with ratings agency analysts covering giant telecom equipment companies like Lucent Technologies. The telecom bust had already begun, but the analysts remained optimistic about the companies’ future. They were wildly wrong.Roughly a decade later, the dominant ratings agencies, Moody’s and Standard & Poor’s, said that mortgage securities stuffed with risky loans were among the safest investments available. They were wrong again, and... Read more ›
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Developing new artificial intelligence models can sometimes seem like a game of whack-a-mole: fixing a model’s bad answers to certain questions can cause the model to give bad answers to other questions.One version of this problem, according to researchers at OpenAI and elsewhere, is known as a split-brain problem, in which changes to how a question is phrased can lead to enormous variations in the AI-generated answer.It’s part of a... Read more ›
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Executives at Microsoft and other enterprise software firms heralded 2025 as the year artificial intelligence would be capable of automating tasks that involve multiple steps, such as generating dashboards based on company sales data. But as the year comes to a close, Microsoft has lowered expectations for how quickly it can get customers to spend money on these newer products, known as agents. Multiple Microsoft divisions, for instance, have lowered... Read more ›
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For all the venture capitalist–inspired hype around tech startups, it’s always good to remember that many are too niche to ever amount to anything—and should never go public. We got a reminder of that on Tuesday when Italian conglomerate Bending Spoons said it would buy ticketing firm Eventbrite for $500 million in cash. That’s a stunning comedown for a company that went public in 2018 with a market value of... Read more ›
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Dealmakers apparently did not get much of a break over the Thanksgiving weekend, as a flurry of recent merger announcements showed. In just the last day, The Information broke the news that Marvell Technology was buying photonics startup Celestial for billions of dollars and Anthropic was making its first outright acquisition, for coding tools startup Bun. And last week, we reported ServiceNow was buying Veza, a five-year-old startup whose software... Read more ›
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Marvell Technology said Tuesday that it would acquire Celestial AI for $3.25 billion in a cash-and-stock combination, confirming a report in The Information late Monday night that the two companies were in advanced talks. The chipmaker is paying $1 billion in cash and $2.25 billion in stock ... Read more ›
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Italian tech conglomerate Bending Spoons is acquiring ticketing firm Eventbrite for about $500 million in cash, ending Eventbrite’s eight year sojourn on the public market. The acquisition also follows a spate of other purchases by Bending Spoons, which appears to be specializing in snapping up ... Read more ›
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Prediction market Kalshi said it raised $1 billion in a fundraising round led by existing investor Paradigm at a $11 billion valuation, more than doubled from its $5 billion valuation in October. Kalshi, which dominates the U.S. prediction market, is facing competition from rival Polymarket, ... Read more ›
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Amazon Web Services and Google Cloud are arch-rivals in the cloud computing market, so it was surprising to hear them announce Monday that they’re working to make it easier for their joint customers to move data and develop applications that run on both clouds. Tech companies are constantly issuing announcements about working together, but this one is different. For years, AWS executives dismissed the trend of companies using multiple cloud... Read more ›
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Amazon Web Services, at its annual re:Invent customer conference, unveiled a new Amazon AI model that can process text, speech, images and video, confirming our report from yesterday. Called Amazon Nova 2 Omni and currently available as a preview, it’s designed to save customers the work of ... Read more ›
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Shopify said Tuesday its merchants generated $14.6 billion in worldwide sales during the Black Friday and Cyber Monday holiday shopping weekend, a 27% increase from last year. The average cart price was $114.70, a 5% increase from last year. That increase is likely affected by tariffs, which ... Read more ›
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Anthropic is in advanced discussions to buy Bun, a maker of software used to run and manage code more efficiently, according to a person with knowledge of the deal. The artificial intelligence company is in talks to pay in the low hundreds of millions of dollars for the startup, which would be Anthropic’s first acquisition, according to the person. The acquisition would give Anthropic, which already has been using Bun... Read more ›
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Most popular sources
Business Insider
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24% 0 |
Gizmodo
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10% 0 |
Tom's Hardware
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9% 2 |
Wired
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8% 5 |
The Verge
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8% 5 |
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05.12.2025 03:33
Last update: 03:25 EDT.
News rating updated: 10:21.
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