Tether, the worldâs biggest stablecoin issuer, is making a last-ditch effort to raise funds at a $500 billion valuation, pressing investors to commit to the deal within the next two weeks, according to people familiar with the matter. The company, which is based in El Salvador, has been struggling to raise the funds since late last year because investors have been wary of the valuation. If too few investors agree... Read more âș
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In recent weeks, Fidji Simo has burst into public view as the OpenAI executive bringing much-needed discipline to the AI startup, as it inches toward an initial public offering late this year. Last month, Simoâwho is now CEO of AGI Deploymentâdelivered the sobering message to the companyâs staff that OpenAI can no longer chase âside questsâ that distract it from its priorities. In the wake of that, OpenAI killed Sora,... Read more âș
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The Department of Defense on Thursday appealed a federal judgeâs order to temporarily halt the Pentagonâs designation of Anthropic as a supply chain risk. The appeal was expected; Judge Rita Linâs preliminary injunction from last week included a seven-day administrative stay giving the Pentagon ... Read more âș
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The cybersecurity field is buzzing about an upcoming Anthropic AI model that could be used by hackers to âexploit [security] vulnerabilities in ways that far outpace the efforts of defenders,â according to a draft blog post the company mistakenly made public.Anthropic has been briefing cybersecurity researchers and is giving them early access to the model, which is said to be better than past models at generating and reviewing computer code.... Read more âș
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OpenAI has acquired TBPN, the popular tech news talk show that has become a hit over the last year with an enthusiastic embrace of AI and Silicon Valley. OpenAI didnât say how much it had paid for TBPN, which was reportedly on track for $60 million in revenue this year. TBPN will have editorial ... Read more âș
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Amazon is in talks to acquire satellite company Globalstar, which provides backup texting services for iPhones, the Financial Times reported. The move would bolster Amazonâs efforts to compete with SpaceX, which has also considered buying Globalstar. Any acquisition of Globalstar would be ... Read more âș
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Microsoft on Thursday released three new AI models, building on the small but growing catalog of models it has trained internally as it aims to become more self-sufficient in AI. The three models are called MAI-Transcribe-1, MAI-Voice-1, and MAI-Image-2, and are meant to transcribe audio, have ... Read more âș
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Tesla delivered 358,000 vehicles in the first quarter, a 6% year-over-year increase, the company said in a filing on Thursday. Deliveries in the first quarter were still lower than the same periods in 2023 and 2024, according to Teslaâs disclosures. They also undershot an analyst consensus ... Read more âș
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Besides ChatGPT, relatively few AI consumer apps have become breakout hits. But one app makerâs experience suggests there are plenty of lucrative consumer niches to be served.Seoul-based Wrtn Technologies says itâs generating more than $8 million in revenue a month from operating AI storytelling apps for hardcore anime and game fans in South Korea and Japan. Wrtn (pronounced âwrittenâ) is about to expand to the U.S. with a similar app... Read more âș
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Private credit has turned from a growth opportunity to a source of worry for investors that own shares in big asset managers. Anxieties about how the rise of AI could hurt software companies that have borrowed hundreds of billions have escalated the concerns about the sector that started brewing last fall. In recent months, investors in several high-profile private credit funds have rushed to pull money out, in some cases... Read more âș
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Alibaba Groupâs shift from open-source AI models is becoming more apparent. On Thursday, the Chinese tech giant, which has become a global leader in open-source models in the past two years, launched a new large language model called Qwen3.6-Plus, touting its âsignificant advancement in agentic ... Read more âș
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ByteDance is helping OpenClaw operate a Chinese version of its ClawHub marketplace, which distributes OpenClawâs special files that enable AI agents to perform specific tasks. OpenClawâs official X account said in a post on Wednesday that it has launched an official China version of its ClawHub, ... Read more âș
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OpenRouter, a startup that lets AI app developers choose from hundreds of models on its application programming interface, is in talks to raise $120 million in new funding at a $1.3 billion valuation, including the investment, The Information reported Wednesday. Capital G, one of Alphabetâs ... Read more âș
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Four months ago, Sam Altman got testy with one of his own investors, Altimeter Capitalâs Brad Gerstner, in a podcast soundbyte heard round the world. âBrad, if you want to sell your shares, Iâll find you a buyer,â Altman said.Indeed, he seems to have found plenty of buyers. Read more âș
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Apple celebrated its 50th anniversary on Wednesday. Leading up to the date, the company has mounted a full-scale media blitz, giving out numerous executive interviews and putting on big events. On Tuesday, it rang the Nasdaq opening bell, and later that night, Paul McCartney played a concert at ... Read more âș
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SpaceX, has submitted the initial filing for its initial public offering, Bloomberg reported, a critical step for Elon Muskâs space company toward its much anticipated listing. The company submitted whatâs known as a confidential filing with the U.S. Securities and Exchange Commission. SpaceX is ... Read more âș
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As more AI apps and agents shift to using multiple AI models, startups that help developers choose the right ones are gaining traction. In the latest example, OpenRouter, which helps AI app developers access hundreds of models from a single application programming interface, is in talks to raise $120 million in new funding led by one of Alphabetâs venture arms at a $1.3 billion valuation, including the investment, according to... Read more âș
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Please join The Information at the New York Stock Exchange on Monday, April 27, for The Informationâs âFinancing the AI Revolutionâ forum. Hear from top executives and investors on how the rapid build-out of AI is reshaping tech, finance and capital markets. Learn more here.On Kalshi, the wildly popular prediction market, bettors assigned just a 32% chance that bitcoin will cross $100,000 before October 2027. The crypto currency was at... Read more âș
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Anthropicâs cybersecurity employees have probably spent the past week scolding their colleagues. After accidentally publishing a blog post last week containing details of its next flagship AI model, Claude Mythos, the company on Tuesday said it had accidentally leaked some of the source code powering its popular Claude Code coding agent.In short, someone at Anthropic mistakenly included the source code in a file they uploaded to a public repository where... Read more âș
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The early batch of ads running on OpenAIâs ChatGPT has drawn a lot of attention in recent weeks. But marketers have also been trying out another new form of conversational ads offered by an existing advertising heavyweight: Amazon. Even there, marketers are only starting to get a read on how much traction these ads are getting. For Paladone, an Amazon seller with around $20 million to $30 million in annual... Read more âș
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28.04.2026 08:18
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