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The Information
Alex Perry @ The Information · 02/19/2025 15:50 EDT

Apple revealed the iPhone 16e, the low cost version of its latest iPhone, on Wednesday. The device will cost $599 for 128GB of storage, $200 less than the iPhone 16 with the same storage but $120 more expensive than the SE, its previous low-cost model. The iPhone 16e includes Apple Intelligence, ... Read more ›

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The Information
Steve LeVine @ The Information · 02/19/2025 14:35 EDT

Hydrogen fuel-cell truck developer Nikola filed for bankruptcy on Wednesday after years of struggle following the resignation of its founder, Trevor Milton, who was convicted of securities fraud in 2022. Phoenix-based Nikola said in the filing that it owes $97.7 million. The company was founded ... Read more ›

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Aaron Holmes @ The Information · 02/19/2025 12:22 EDT

Microsoft on Wednesday announced a new quantum computing chip called “Majorana 1” that it said is more reliable than previous quantum computers. The chip reflects a scientific breakthrough in the quantum computing field and could be used to train and run large AI models in “years, not decades,” ... Read more ›

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The Information
Aaron Holmes @ The Information · 02/19/2025 11:46 EDT

Microsoft on Wednesday unveiled a new generative artificial intelligence model that can be used to generate video game scenes and environments, which change in response to a game player’s actions on their game controller. The model, called Muse, was trained by Microsoft researchers and staff in ... Read more ›

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The Information
Martin Peers @ The Information · 02/19/2025 11:03 EDT

Elon Musk’s X is in talks with investors to raise fresh equity capital at the $44 billion valuation at which Musk bought the social media firm, then known as Twitter, in 2022, Bloomberg reported. If Musk succeeds, it would be an extraordinary turnaround given that X’s valuation has dropped ... Read more ›

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The Information
Yueqi Yang @ The Information · 02/19/2025 10:00 EDT

Binance.US, the American entity of crypto exchange Binance, said it is restoring the ability for customers to deposit and withdraw U.S. dollars after finding a payment service provider to work with. The exchange became a poster child of the crypto industry’s challenges in getting access to ... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 02/19/2025 10:00 EDT

How Can Investors Continue Funding AI Developers?

One of the earliest AI Agenda newsletters in August 2023 made the bear case for large language model developers. Over the last year-and-a-half, our predictions from that day seemed to largely come true, as model makers like OpenAI moved more into applications and cheap AI releases from DeepSeek and others threatened the margins of those selling AI models to developers.So why then, has the flood of new model makers with... Read more ›

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The Information
Juro Osawa @ The Information · 02/19/2025 09:00 EDT

DeepSeek’s sudden rise to artificial intelligence stardom has created a dilemma for the Chinese startup: whether to raise money. A two-year-old offshoot of a Chinese quantitative hedge fund, DeepSeek so far has not raised outside funding, partly to avoid pressure from investors to commercialize its products too quickly. But since its AI chatbot app shot to fame a few weeks ago, the need for more AI chips and servers to... Read more ›

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The Information
Jon Victor @ The Information · 02/18/2025 23:25 EDT

HP said Tuesday that it would pay $116 million for Humane, capping a difficult run for the startup, whose AI-powered pin failed to gain traction since it was released last year. HP said the acquisition, expected to close at the end of this month, will help the company integrate AI into its ... Read more ›

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The Information
Martin Peers @ The Information · 02/18/2025 20:00 EDT

So much for the idea that the U.S. doesn’t have enough home-grown competitors in artificial intelligence. OpenAI’s former chief technology officer, Mira Murati, confirmed one of the AI world’s worst-kept secrets on Tuesday by revealing the name and team behind her new startup, Thinking Machines Lab. That news came a day after Bloomberg reported that Murati’s former colleague at OpenAI, Ilya Sutskever, was raising money for his startup at the... Read more ›

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The Information
Natasha Mascarenhas @ The Information · 02/18/2025 19:23 EDT

Field AI, a two-year-old startup that makes artificial intelligence models to power robots, is in talks to raise several hundred million dollars at a $2 billion valuation, according to a person with direct knowledge of the fundraising discussions. That would quadruple the startup’s valuation last summer when investors including Nvidia valued it at $500 million. The talks are the latest sign of intensifying investor interest in startups that are developing... Read more ›

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The Information
Cory Weinberg @ The Information 1 place · 02/18/2025 18:43 EDT

The question “What did Ilya see?” became an oft-repeated meme asking why OpenAI’s chief scientist, Ilya Sutskever, cast a dramatic vote to oust Sam Altman in the short-lived ouster of the CEO 15 months ago. A significant fundraising that would value Sutskever’s new startup, Safe Superintelligence, at more than $30 billion turns that question on its head. The new money would make the company one of the 12 most valuable... Read more ›

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The Information
Kaya Yurieff @ The Information · 02/18/2025 17:24 EDT

It’s been one month since TikTok briefly went offline in the U.S., and internal company comments and external data offer a picture of how the situation has impacted the short-form video app’s business. By some accounts, TikTok is doing pretty well.  American Users & Creators Read more ›

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The Information
Ann Gehan @ The Information · 02/18/2025 15:32 EDT

Nike is launching a new brand of women’s athletic apparel in partnership with Skims, the Kim Kardashian-founded shapewear and apparel maker, Nike said Tuesday. The new brand will include women’s apparel, footwear and accessories and marks the first collaboration between Nike and an outside ... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 02/18/2025 15:00 EDT

Mira Murati, the former chief technology officer at OpenAI, announced her new AI startup, Thinking Machines Lab, in a blog post on Tuesday. The company will focus on AI research and product-building, with an emphasis on publishing research widely. It will aim to build AI that can understand and ... Read more ›

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The Information
Julia Black @ The Information · 02/18/2025 14:32 EDT

DOGE Cuts Hit Regulators Of Musk’s Neuralink

Thousands of probationary employees across the Department of Health and Human Services received termination notices over the weekend, part of the mass cuts imposed by Elon Musk’s Department of Government Efficiency. The firings began Friday, the day after Robert F. Kennedy was confirmed by the ... Read more ›

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The Information
Jon Victor @ The Information · 02/18/2025 13:00 EDT

A clip recently surfaced on Reddit showing OpenAI executives demonstrating a new ChatGPT feature in Japan. The video showed how ChatGPT’s “deep research” mode, part of a $200-a-month Pro subscription, could automatically sort through sales leads and determine which ones are worth contacting. It determines that by searching the web for data like a company’s revenue. ChatGPT would then email those companies’ representatives to set up a meeting.The rise of... Read more ›

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The Information
Theo Wayt @ The Information · 02/18/2025 12:31 EDT

Even after a shakeout that’s lasted two years, consolidation is still coming for logistics startups. Forto, a Germany-based freight forwarding company that has raised more than $600 million from investors including SoftBank, has been working with investment bank Moelis & Co. to explore options including a potential merger or sale, according to a person involved in the discussions. Forto is the closest venture-backed rival to U.S.-based Flexport, which has been... Read more ›

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The Information
Theo Wayt @ The Information · 02/18/2025 11:23 EDT

Amazon Shuts Down TikTok-Like Shopping Feed

Amazon has shut down Inspire, a TikTok-style shopping feed inside its mobile app that it launched in 2022, according to messages to users and a company spokesperson. Users accessed the Inspire feed through a lightbulb-shaped icon in the navigation tab at the bottom of the Amazon app. The feed ... Read more ›

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The Information
Stephanie Palazzolo @ The Information 2 place · 02/18/2025 10:10 EDT

The Three Classes of AI Coding Assistants

The model race continues. On Monday evening, Elon Musk’s xAI released a new family of large language models, Grok 3, which includes a baseline model, a smaller and faster version of the baseline model, and two “reasoning” models.Early reactions seem promising. Andrej Karpathy, one of the cofounders of OpenAI who left the company last year, said on X that the reasoning version of Grok 3 performs around the level of... Read more ›

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12.11.2025 00:18
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