Hi, itâs Katie Roof, spending my first week at The Information schmoozing with Europeâs startup leaders at a conference called TechBBQ in Copenhagen. Itâs been close to three years since Iâve been at a tech conference on the Continent, and the difference is palpable. In 2022, there was a panic in the air about a stock sell-off that eventually led to investors slashing the valuations of the regionâs startup darlings.... Read more âș
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The Commodity Futures Trading Commission issued a guidance Thursday that would allow a pathway for overseas crypto exchanges to legally accept U.S.-based customers. The guidance could benefit crypto exchanges such as Binance, Bybit, BitGet, which currently ban U.S. users. That means it could ... Read more âș
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We are kicking off todayâs newsletter with some newsâthis time about me. Iâm wrapping up my time at The Information and this will be my last Creator Economy newsletter.Itâs been such a privilege to write this newsletter, host five summits and break news about the creator economy and social media over the past four and a half years. I wanted to take a moment to reflect on how the industry... Read more âș
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Microsoft on Thursday debuted two new large language models it developed over the past year to reduce its reliance on OpenAIâs artificial intelligence in powering Copilot products. Microsoft will start swapping in the new models, dubbed MAI, to power Copilot features in the coming weeks, ... Read more âș
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It was easy to miss last weekâs announcement that Ashley Alexander, a 12-year veteran of Facebook and Instagram, is becoming vice president of health products at OpenAI, with the goal of improving âhealthcare outcomes and access.â Alexanderâs LinkedIn post didnât give clues about exactly what products she will oversee, but itâs not hard to see where this is going. Read more âș
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Last week, we wrote about SerpApi, an Austin-based startup that scrapes Google Search results and offers that data through an application programming interface. Among its customers is OpenAI, which uses SerpApiâs services to ensure its ChatGPT can answer user queries with up-to-date information.Around 40% of SerpApiâs business comes from such AI startups, according to CEO and founder Julien Khaleghy. Aside from OpenAI, they include Cursor, Perplexity and Meta Platforms. Another... Read more âș
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Less than a month from now, a federal court in Virginia will begin hearing an antitrust case that could determine whether Google has to spin off part of its advertising tech business into an independent company. But Google isnât waiting for the decision to help that group become a more viable stand-alone business. Last month, for example, Google staff in the part of the ad tech group that the court... Read more âș
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Rain, a stablecoin-backed card issuer that works with Visa, said it raised $58 million in Series B round led by Sapphire Ventures, just months after its last fundraising round, demonstrating once again investor enthusiasm for crypto startups flowing from congressional passage of stablecoin ... Read more âș
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ByteDance, the Chinese owner of TikTok, is preparing to launch a new share buyback program for employees later this year that will value the company at more than $330 billion, Reuters reported. In the new program, the company plans to offer current employees $200.41 per share, 5.5% higher than ... Read more âș
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Nvidiaâs quarterly results, out Wednesday, have become the event of the earnings season. And who can be surprised? After all, hereâs a company whose July revenue hit $46.7 billion, up 56% on a year earlier. Little more than two years ago, Nvidiaâs quarterly revenue was around $7 billion! Of course, Wall Street traders have long ago lost their sense of wonder at Nvidiaâs explosive growth. That growth is slowing down,... Read more âș
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Snowflake shares rose more than 13% after its second-quarter earnings, as CEO Sridhar Ramaswamy said on an earnings call that customersâ increasing adoption of AI contributed to a significant uptick in revenue growth during its July quarter compared to last year. Ramaswamy didnât say how much ... Read more âș
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In early June, I pulled up to a giant lot in Burbank, Calif. about four miles down the road from Warner Brothers Studios, where âFriendsâ and âThe Big Bang Theoryâ were filmed. I was there to tour the set and offices where YouTuber Dhar Mann runs a growing entertainment empire.Mann, who leases the 125,000 square foot production studio, part of which was once the site of a gym, is suddenly... Read more âș
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Nvidia on Wednesday posted solid revenue growth from the sale of artificial intelligence chips and networking equipment, including its flagship Blackwell chips, despite recent restrictions on its sale of its chips to China. Revenue rose 56% to $46.7 billion in the quarter that ended in July ... Read more âș
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In May, a Nomura Securities equity analyst asked SoftBank Chief Financial Officer Yoshimitsu Goto a pointed question on an earnings call: How could he justify SoftBankâs recent $6.5 billion purchase, using borrowed money, of Ampere Computing, a failing developer of data center chips? The startup had just $16 million in revenue and had lost hundreds of millions of dollars the year before the sale. Goto didnât answer the question directly.... Read more âș
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A central question looms over artificial intelligence: How is the intensifying the war for talent impacting the race for artificial general intelligence (AGI)? We asked our new Deep Research tool and got the following answer: Read more âș
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Vast Data, a data storage startup backed by Nvidia, has considered holding an initial public offering in the second half of 2026 or later, Vast Data co-founder and CEO Renen Hallak has told employees and bankers, The Information reported Wednesday. Vast Data develops software for storing data in ... Read more âș
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Cybersecurity executives have long bemoaned how hard it is to hire staff, citing a dearth of talent with the necessary experience to fill roles that are notoriously high-pressure and can burn people out. But recently, some of those executives have found a solution: Instead of hiring new security professionals, theyâre turning to AI to help them fill the open roles or cut back on existing staff. Read more âș
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Out of all the model developers, Anthropic stands out as perhaps the one with the most ideologically devoted employee base, one that some researchers even describe as âcultish.â The reasons may include CEO Dario Amodeiâs monthly âDario Vision Questsâ where he talks to employees about the future of AI (with more than slight religious overtones) and that its executives frequently speak publicly about the dangers of superintelligent AI.One less commonly... Read more âș
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Nvidia reshaped the cloud computing market by giving upstart cloud providers a lot of artificial intelligence chips. Now it is extending its influence into another cloud field: data storage. Nvidia has invested multiple times in Vast Data, which sells software to firms such as Elon Muskâs xAI and videoconference maker Zoom for storing data in a way that helps them develop AI applications. Jensen Huang has publicly lauded Vastâs technology,... Read more âș
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OpenAIâs plan to allow employees and former staff to sell $6 billion in private stock to investors was already slated to become one of the biggest such employee tenders in Silicon Valley history. Now, that sale could be even bigger. The ChatGPT maker will allow current and former employees to sell up to $8 billion at a valuation of $500 billion, according to two people with knowledge of the proposed... Read more âș
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16.05.2026 17:19
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