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The Information
Aaron Holmes @ The Information · 07/28/2025 13:00 EDT

Microsoft’s Rivals Lean on AI to Pry Away Longtime Customers

Artificial intelligence has suddenly made it cheaper and easier for companies to switch to new software providers, IT executives say. Now large AI providers such as Amazon, Microsoft, Salesforce and Palantir are scrambling to win over each other’s customers, who might previously have felt they were locked into using old apps because of the difficulty of extricating vast quantities of data. To solve that problem, the tech providers are selling... Read more ›

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The Information
Ann Gehan @ The Information · 07/28/2025 11:44 EDT

PayPal Adds Crypto Payments for Merchants

PayPal will allow U.S. merchants to start accepting crypto in the coming weeks, with the payment giant adding support for transactions in more than 100 cryptocurrencies and crypto wallets from companies including Coinbase and Metamask. When a shopper pays with crypto, the funds will be converted ... Read more ›

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The Information
Rocket Drew @ The Information · 07/28/2025 10:00 EDT

Why Hands Are a Handful for Tesla's Humanoid Robots

On Friday, we reported on Tesla’s Optimus humanoid robot program, which may fall well short of Elon Musk’s ambitious goal to pump out 5,000 robots by the end of the year. It turns out the robots’ hands are among the big factors holding up production. In fact, some Optimus robots that are mostly complete have been sitting unused at a Tesla facility because they don’t have hands or lower forearms,... Read more ›

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The Information
Theo Wayt @ The Information · 07/28/2025 09:41 EDT

Samsung to Make Tesla Chips Through $16.5 Billion Deal

Samsung will produce chips for Tesla through a multiyear deal worth $16.5 billion, Tesla CEO Elon Musk said on Monday. Tesla’s next-generation AI6 chip will be manufactured by Samsung in the U.S., Musk said on X. Samsung said in a Monday securities filing that it had signed a deal with an ... Read more ›

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The Information
Cory Weinberg @ The Information · 07/28/2025 09:00 EDT

Figma IPO Set to Be a Windfall for Silicon Valley’s Biggest Names

Silicon Valley royalty are set to be the big winners from Figma’s initial public offering this week. Former Meta and Google executive Sheryl Sandberg, former LinkedIn CEO Jeff Weiner, and venture capital firms Greylock Partners and Kleiner Perkins are all turning modest investments into windfalls ranging from tens of millions to more than $1 billion. Sandberg and Weiner were among the participants in Figma’s seed round, via a roughly $1.5... Read more ›

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The Information
Juro Osawa @ The Information · 07/28/2025 02:00 EDT

Alibaba Unveils AI Smart Glasses

Alibaba Group unveiled its first artificial intelligence glasses, as Meta Platforms’ success with its Ray-Ban AI smart glasses prompts Chinese tech giants to follow suit. Alibaba announced the new product, the Quark AI glasses, at a tech conference in Shanghai over the weekend. The glasses, ... Read more ›

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The Information
Laura Mandaro @ The Information 1 place · 07/26/2025 15:45 EDT

Anthropic Said to Discuss $150 Billion Valuation

Anthropic is in early talks with investors including MGX to raise around $3 billion at a $150 billion valuation, The Financial Times reported Friday. A fundraising at that price would be even steeper than the price The Information first reported investors had been considering. The talks follow ... Read more ›

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The Information
Abram Brown @ The Information 2 place · 07/26/2025 10:00 EDT

LeBron’s AI Blunder, Tech’s Fortunate Bet on Trump

Welcome, Weekenders! In this newsletter:• The Big Read: Sports execs’ favorite pastime? Venture capital• The Top 5: The best new startup accelerators • Plus, our Recommendations: “Autocracy in America,” “I Regret Almost Everything” and “Star Trek: Strange New Worlds” LeBron James would like the internet to behave itself. Of course, it won’t. The NBA great has apparently become deeply annoyed by the proliferation of AI-generated videos depicting him as pregnant—I... Read more ›

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The Information
Alex Perry @ The Information 2 place · 07/26/2025 09:00 EDT

The Best New Startup Accelerators

Need a mentor to jolt your thinking—or need to lock yourself away from the world for 20 days? A whole new generation of startup accelerators has proliferated in recent years, each one promising to turbocharge a founder’s ambitions. Many of the best are from the most prominent names in Silicon Valley, including Sequoia Capital, Andreessen Horowitz and investors Nat Friedman and Daniel Gross. But that’s not the case for all... Read more ›

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The Information
Martin Peers @ The Information 3 place · 07/25/2025 19:00 EDT

Larry Ellison’s New Hollywood Drama Is About to Debut

Oracle chair Larry Ellison's power in American business is about to expand. The Federal Communications Commission’s approval on Thursday of Ellison-backed Skydance’s takeover of film and TV icon Paramount Global cleared the last major hurdle standing in the way of the $8 billion deal. It’s expected to close on Aug. 7, when Larry Ellison’s son David will become CEO of a newly enlarged Paramount, owning CBS, Paramount studios, a bunch... Read more ›

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The Information
Natasha Mascarenhas @ The Information · 07/25/2025 18:50 EDT

Ramp in Talks to Raise at $21 Billion Valuation, Up 30% From June Financing

Ramp, a six-year-old corporate card and expense management startup, is in discussions with investors to raise $350 million at a valuation of about $21 billion with the investment, according to three people with direct knowledge of the fundraising, just a month after raising at a $16 billion valuation. Existing investor Iconiq is in talks to lead the round. Back-to-back financings of this scale have become more common for in-demand AI... Read more ›

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The Information
Kalley Huang @ The Information 2 place · 07/25/2025 18:05 EDT

Meta Names Chief Scientist for AI Organization

Meta Platforms has named Shengjia Zhao as the chief scientist of Meta Superintelligence Labs, its new artificial intelligence organization, CEO Mark Zuckerberg said in a post on Threads on Friday. “Shengjia will set the research agenda and scientific direction for our new lab working directly ... Read more ›

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The Information
Valida Pau @ The Information · 07/25/2025 15:36 EDT

PagerDuty Explores Sale After Takeover Interest

Incident management software maker PagerDuty is exploring a potential sale, according to a Reuters report on Friday. The company’s shares soared more than 10% on the news. The firm is working with tech-focused investment bank Qatalyst Partners after receiving takeover interest from private ... Read more ›

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The Information
Kalley Huang @ The Information · 07/25/2025 15:22 EDT

Meta Will Stop Political Ads in EU, Citing Regulation

Meta Platforms in October will stop political and social issues-related advertising in the European Union, the company said in a blog post on Friday. The social media giant said the move was in response to forthcoming regulation in the bloc about the transparency of political advertising. The ... Read more ›

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The Information
Jessica E. Lessin @ The Information · 07/25/2025 15:15 EDT

Oura Revenue More Than Doubled Last Year

Oura CEO Tom Hale said that the health-tracking company crossed more than $500 million in annual revenue last year, and grew at more than 120 percent. “I think the smart ring category is really on fire and Oura’s leader in it,” he said in an exclusive interview with The Information ... Read more ›

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The Information
Theo Wayt @ The Information · 07/25/2025 12:13 EDT

Tesla is Behind on Elon Musk’s Robot Goals

Tesla isn’t making Optimus humanoid robots fast enough to meet CEO Elon Musk’s goal of 5,000 by the end of this year, The Information reported on Friday. Inside Tesla, one hurdle to scaling up production is the company’s struggles with perfecting the Optimus hand. Still, Tesla this year has been ... Read more ›

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The Information
Sara Germano @ The Information · 07/25/2025 12:04 EDT

Sports Leagues Hunt for Startup Investments in a Chummy Style of Venture Capital

A couple weeks ago, LeBron James was in Las Vegas, seated courtside at the Thomas and Mack Center to watch his team, the Los Angeles Lakers, scrimmage against their crosstown rivals, the Clippers. The game was a highlight of the NBA’s annual off-season Summer League tournament, where rookies and rising stars—like James’ son, Bronny—gain playing experience, while starters get a first look at the young talent they’ll soon face on... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 07/25/2025 10:00 EDT

OpenAI’s GPT-5 Shines in Coding Tasks

GPT-5 is almost here, and we’re hearing good things. The early reaction from at least one person who’s used the unreleased version was extremely positive.That’s good news for OpenAI. The ChatGPT creator has been under pressure to show major gains from its next big artificial intelligence model since we first broke the news last November that it had seen diminishing returns from using more computational resources and data during “pretraining.”... Read more ›

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The Information
Theo Wayt @ The Information · 07/25/2025 09:00 EDT

Inside Tesla’s Secretive Optimus Robot Program

Elon Musk says humanoid robots will be the future of Tesla. The company has a long way to go. Tesla is well behind the pace necessary to meet Musk’s publicly stated goal of producing at least 5,000 of its Optimus humanoid robots this year, according to two people with knowledge of the program. So far, the number of robots it has made is in the hundreds, one of the people... Read more ›

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The Information
Martin Peers @ The Information · 07/24/2025 20:00 EDT

Why Google Should Combine Gemini and the Search Bar

Here’s a question: If Google was started today, would it have a search bar on its website separate from its artificial intelligence chatbot, Gemini? I asked Gemini that question earlier today, and the chatbot thought that was “extremely unlikely” and that a “unified interface would be the almost certain choice.” As Gemini said, “the fundamental paradigm of how users interact with information has shifted. A company starting today would build... Read more ›

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