The Securities and Exchange Commission is working on a plan to allow stocks to trade like cryptocurrencies on the blockchain, but is facing strong opposition from traditional financial firms such as Citadel Securities, according to people involved in the process. The SEC’s staff is talking to industry representatives about the plan, which is a top priority of the Trump administration’s crypto-friendly regulatory push, according to the people. If the plan... Read more ›
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Spotify founder and CEO Daniel Ek is kicking himself upstairs, shifting to the role of executive chairman, the music streaming firm announced on Tuesday. Ek will be succeeded by Spotify’s co-presidents Gustav Soderstrom and Alex Norstrom, who will become co-CEOs. Spotify said Ek’s role “will ... Read more ›
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The U.S. Department of Commerce is expanding its export restrictions to cover the subsidiaries of blacklisted firms in a move that steps up Washington’s effort to block Chinese companies’ access to U.S. technology and suppliers. Under the new export rules the department announced on Monday, the ... Read more ›
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In the first half of 2025, OpenAI generated $4.3 billion in revenue, putting the company on track to meet its full-year revenue projection of $13 billion, The Information reported Tuesday. Meanwhile, the company burned $2.5 billion over the same time period, in large part due to its high ... Read more ›
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OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year, according to financial disclosures to shareholders. The company said it burned $2.5 billion, in large part due to its research and development costs for developing artificial intelligence and for running ChatGPT. Some of its largest expenses were non-cash, including stock payments to employees. Read more ›
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You might think the $55 billion buyout of Electronic Arts would be today’s biggest business event. But that’s yesterday’s news—word of the deal broke on Friday. (For more on that, see below). Today’s biggest news, in reality, is OpenAI’s launch of its shopping feature, which puts the ChatGPT creator in competition with everyone from Amazon to Instagram. OpenAI unveiled what it calls an Instant Checkout feature, which it said was... Read more ›
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Robo-advisory startup Wealthfront on Monday filed paperwork for an initial public offering that revealed its annual revenue jumped 43% to $309 million during the 12 months through January. The company recorded a profit of $194 million, more than double its net income a year earlier. The ... Read more ›
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Travel software company Navan is planning to raise $750 million in its October public offering, though the actual size of the offering could still change, according to people with direct knowledge of the deal. The Palo Alto, Calif.-based company showed in its IPO filings that revenue rose 30% to ... Read more ›
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California Governor Gavin Newsom on Monday signed an artificial intelligence safety bill that requires the largest AI companies to write, publish, and comply with their own safety policies for managing severe risks from their technology. Many AI companies have taken those steps voluntarily, but ... Read more ›
2
YouTube agreed to pay $24.5 million to settle a 2021 lawsuit from President Donald Trump over the suspension of his account after the Jan. 6 riots, according to a court filing on Monday. YouTube followed Meta and Elon Musk’s X in settling similar cases with Trump. Meta agreed to pay $25 million ... Read more ›
3
Travel management platform TravelPerk hired investment bankers for an upcoming U.S. initial public offering, the latest among a string of travel-themed IPOs, according to a person with direct knowledge of the deal. The Barcelona-based company has hired Morgan Stanley, Goldman Sachs and ... Read more ›
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OpenAI is launching a new checkout feature for ChatGPT that will allow users to purchase products directly in the chatbot, according to a post on Monday from OpenAI’s CEO of Applications, Fidji Simo. Initially, products available will come from small merchants who sell on Etsy, while “over a ... Read more ›
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Anthropic on Monday released its latest model, Claude Sonnet 4.5, according to a blog post. The model outperforms OpenAI’s flagship GPT-5 model on a popular software engineering benchmark, and is able to work for more than 30 hours straight on complex, multi-step tasks, the blog post said. ... Read more ›
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Welcome to the first edition of The Information’s newsletter on AI infrastructure. In the coming months, we’ll cover the data centers, chips, networking and energy that power AI.Artificial intelligence is hungry for power at a scale that defies belief.Last week, OpenAI and Nvidia said they would work together to develop 10 gigawatts of data center capacity over an unspecified period. Inside OpenAI, Sam Altman floated an even more staggering number:... Read more ›
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Before we get to today’s newsletter, Stephanie’s profile of Mira Murati’s Thinking Machines Lab, the mysterious $10 billion startup, is a fascinating look at Murati’s background and explains why she’s got such a following among AI researchers and, as a result, investors. It’s definitely worth a read.On to today’s column…As artificial intelligence search engines like ChatGPT, Gemini and Claude grow more popular, consumer brands, as well as a cottage industry... Read more ›
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An investor group including Saudi Arabia’s PIF, Silver Lake and Jared Kushner’s Affinity Partners is buying Electronic Arts for $55 billion in cash, or $210 a share, a significant premium to where the videogame giant has been trading in recent years. Electronic Arts is one of the most prominent ... Read more ›
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Elon Musk has been paying closer attention to his artificial intelligence company, xAI, over the past few months, pushing staff to move as quickly as possible to catch up with rivals like OpenAI and Anthropic. The xAI CEO’s increased involvement has led to frequent reorganizations, demotions and firings on the teams building the company’s AI models and products. At the same time, xAI has been integrating the social media site... Read more ›
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ByteDance will maintain operations of the commercial functions of TikTok’s U.S. business such as advertising and e-commerce, while the new U.S. TikTok joint venture recently unveiled by President Donald Trump will manage the app’s data and algorithm in the U.S., Reuters and Chinese media outlet ... Read more ›
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Black Forest Labs, a German startup that focuses on image generation, is seeking to raise between $200 million and $300 million in a fundraising round that would value the company at $4 billion, the Financial Times reported. The one-year-old company previously raised funds at a $1 billion ... Read more ›
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Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence, is in talks to buy data management company dbt Labs, according to people with direct knowledge of the deal. The deal would combine two data companies that are facing competition ... Read more ›
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Most popular sources
Business Insider
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42% 16 |
Gizmodo
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8% 1 |
MacRumors
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7% 6 |
Tom's Hardware
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6% 1 |
Ars Technica
|
5% 3 |
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25.10.2025 08:09
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