Before we get to today’s column, it’s worth pointing out that Google CEO Sundar Pichai strongly hinted on X that Gemini 3, the long-awaited next update to Google’s line of Gemini models, would be coming out this week. Google has done an impressive job of catching up to the other labs when it comes to conversational AI models, and Gemini 3 will be the company’s latest test to see whether... Read more ›
7
Amazon founder Jeff Bezos has cofounded a new AI startup that he will lead as co-CEO, the New York Times reported Monday. The company, known as Project Prometheus, has more than $6 billion in funding, in part from Bezos, and will be focused on artificial intelligence that can help with ... Read more ›
0
At Tesla’s annual meeting earlier this month, shareholders showed little enthusiasm for a proposal that the electric vehicle maker invest in one of CEO Elon Musk’s other companies, xAI. But Musk’s revelation at the meeting that Tesla is considering building its own chip fabrication plant signaled another way his two companies could work together. Musk had already discussed plans for such a chip fab internally at Tesla months before the... Read more ›
49
Sakana AI, a Tokyo-based developer of artificial intelligence models and applications, said it has raised $135 million in a funding round at a valuation of $2.5 billion without the newly raised capital. New investors in the round include U.S.-based Factorial Funds, Australian financial giant ... Read more ›
0
Alibaba Group denied a Financial Times report that alleged the Chinese tech giant provides China’s military with technology support and data. The FT reported Saturday that a White House national security memo, which was provided to the newspaper, includes declassified intelligence on the work ... Read more ›
0
We’re heading into the last full workweek before Thanksgiving and plenty is going on. A short time ago, bets on prediction market Polymarket were giving an 88% chance that Google would release its much-anticipated Gemini 3 AI model this week. Google CEO Sundar Pichai on Friday fueled the speculation with this cryptic X post. Meanwhile, Microsoft holds its Ignite developer conference in San Francisco this week (more on that, see... Read more ›
0
Apple’s succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely won’t happen until after late January when ... Read more ›
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Bitcoin has tumbled into a bear market, but the real damage is in the companies that have hoarded crypto, hoping to mimic the gains of Michael Saylor’s bitcoin stock, Strategy. Strategy is down 44% since bitcoin peaked in early October. More importantly, it is now trading slightly below the value of its bitcoin holdings. Bitcoin is down 24% from its peak and has sunk below $100,000, weighed down by a... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Grindr’s boardroom feud • Plus, our Recommendations: “Harry Potter and the Sorcerer’s Stone,” “A Biography of a Mountain” and “Materialists”A bit of housekeeping: The Information’s Weekend section is looking for a reporter for a beat we’re calling “tech wealth and culture.” This person will cover how Silicon Valley’s moguls live large—their pursuits, their pastimes—and how they spend their money. Here’s a... Read more ›
27
Apptronik, a humanoid robot maker backed by Google, is in the process of raising at least $400 million at a $5 billion valuation not including the new money, according to two people familiar with the discussions. The new round, led by B Capital, would at least triple the startup’s valuation from earlier this year, when it raised $415 million from investors including Austin’s Capital Factory and venture firm B Capital.... Read more ›
4
Warren Buffett’s Berkshire Hathaway purchased shares in Google parent Alphabet worth $4.3 billion at the end of the third quarter, a vote of confidence in the search giant after its shares have surged this year. The investment, disclosed in a quarterly regulatory filing, adds to Berkshire’s ... Read more ›
0
XAI plans to release its next-generation Grok 5 artificial intelligence model in the first three months of next year, CEO Elon Musk said on Friday. That’s later than a deadline Musk had previously set of releasing the model by the end of 2025. In an interview with the investor Ron Baron, who has ... Read more ›
3
OpenAI said Friday it has begun piloting group chat capabilities in ChatGPT for people in Japan, New Zealand, South Korea and Taiwan. The move confirms The Information’s report from June about the feature, which could eventually help OpenAI’s chatbot compete more directly with Microsoft and ... Read more ›
0
Shares of StubHub plunged 22% on Friday, the day after the ticketing company reported its first earnings result as a public company. The stock is now trading 38% below its IPO price, just two months after its debut. The company reported 8% higher revenue in the third quarter, a stronger growth ... Read more ›
0
The week before Halloween, Grindr, the gay dating-and-hookup app, threw a big party near New York’s Chelsea neighborhood—its second annual Pleasure Ball. The theme: sexy garden, essentially. (“Nature’s gay and it’s hungry,” read the invitation.) Attendees showed up as scantily clad gnomes and fawns, and the crowd included influencers, New York advertising executives and Grindr CEO George Arison, who went attired in a velvet blazer affixed with bug-shaped brooches. Entirely... Read more ›
2
Walmart CEO Doug McMillon will retire in January, the company said Friday. He’ll be succeeded by John Furner, who is currently the CEO of Walmart’s U.S. business. McMillon, who has held the top job since 2014, has overseen a period of dramatic change for the retail giant. During his tenure, the ... Read more ›
0
TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more ›
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If you listen to tech executives nowadays, AI can solve all of the world’s problems. OpenAI CEO Sam Altman likes to talk about AI’s potential to cure cancer. Elon Musk the other day promised that Optimus robots—AI in a hardware form—would “eliminate poverty” and prevent crime. But will AI cause almost as many problems as it solves? When it comes to cyberhacking, the answer is clearly yes, as Anthropic revealed... Read more ›
0
After years of hype and hundreds of billions of dollars in investment, many executives are asking the same question: When will AI start paying off? Reports like MIT’s much-debated survey estimating that 95% of generative AI pilots fail suggest widespread frustration, but some companies are finally moving beyond experiments to projects with impact. To explore what successful adoption looks like in practice, The Information’s founder and editor in chief, Jessica... Read more ›
0
Elad Gil, the venture capitalist who made early investments in Perplexity, Harvey, Stripe and Airbnb, has doubled the target size of his new fund to nearly $3 billion from $1.5 billion earlier this summer, according to a person with direct knowledge of the fundraise. If Gil succeeds in raising that much money, it would be the largest known fund raised by a solo general partner. The new target hasn’t been... Read more ›
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13.12.2025 11:35
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