Anthropic announced on Monday that it has acquired developer tools startup Stainless, confirming an earlier report from The Information. The model maker did not disclose any terms of the deal, but The Information had previously reported it was in talks to acquire Stainless for at least $300 ... Read more ›
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Uber lifted its stake in Germany-based food delivery firm Delivery Hero to 19.5%, with options to go to 25%, a sign the ride-hailing and delivery firm may be contemplating expanding further in Europe. Uber told a German regulator it “currently…has no intent” of buying more than 30% of ... Read more ›
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Jurors rejected Elon Musk’s claims against OpenAI, delivering a major victory to CEO Sam Altman in Silicon Valley’s biggest grudge match. Judge Yvonne Gonzalez Rogers agreed with the jury’s decision on Monday that Musk waited too long to bring his lawsuit. The decision came after just two hours of deliberation following three weeks of testimony and legal arguments. Read more ›
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Jurors rejected Elon Musk’s claims against OpenAI, delivering a major victory to CEO Sam Altman in Silicon Valley’s biggest grudge match. Judge Yvonne Gonzalez Rogers agreed with the jury’s decision. The nine-member jury’s decision on Monday, following three weeks of testimony and legal ... Read more ›
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Good morning, Anissa here!The AI boom requires an enormous amount of new power plants, chips and data centers. But it also requires something that’s less visible: new financial plumbing that makes it possible to lend against this costly hardware.Miami fintech startup Barkr is one of the firms building the pipes, specifically for valuing AI chips being used as loan collateral, and has already attracted the attention of Nvidia. I recently... Read more ›
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Nvidia might be on a tear, but some investors are still convinced that there’s demand for another kind of specialized chips. And they’re putting their money where their mouth is. For example: San Jose, Calif.-based SiMa.ai, which develops chips that work on devices such as drones or cameras, is in talks with investors to raise more than $100 million in new funding at a valuation of around $1.4 billion, according... Read more ›
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No part of Microsoft better illustrates its predicament in AI than GitHub. The AI boom has boosted usage and revenue of the code repository as well as GitHub Copilot, an AI coding assistant. But GitHub has struggled to respond to new AI coding competitors that have since overtaken it. And the service has suffered from frequent and major outages, peeving big customers and prompting Microsoft to issue an apology. In... Read more ›
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Chinese personal computer and server maker Lenovo Group said in an internal memo to staff last week that there have been no new licenses or policies regarding Nvidia’s H200 chips since March, when Washington approved the sales of the chips to some Chinese companies. Last week, Reuters and other ... Read more ›
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Everlane, a San Francisco-based startup that soared during the last decade’s e-commerce boom, will sell itself to Shein, a Chinese discount e-retail giant. The deal values Everlane at $100 million, a far cry from the valuations that it once received at its height. Everlane was among a group of ... Read more ›
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This should be an action-packed week in tech news, what with Nvidia’s first-quarter earnings, Google’s annual I/O developer conference and Meta Platforms’ scheduled layoffs of 8,000 employees. But it is Elon Musk who has the biggest week coming up.For one thing, the first test launch of SpaceX’s Starship in seven months is scheduled for Tuesday. A successful launch will boost investor interest in SpaceX’s upcoming IPO, not that it needs... Read more ›
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Bill Gates’ charitable trust has sold all of its Microsoft stock and no longer owns any shares in the company, it disclosed Friday. The Gates Foundation Trust reported that it had sold around $3 billion worth of Microsoft stock in the first quarter of 2026. Gates, who is the sole trustee of the ... Read more ›
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Anthropic and OpenAI are widening the revenue gap between themselves and the rest of the AI startup field. A group of 34 leading startups in that sector, including Anthropic and OpenAI, is generating nearly $80 billion in annualized revenue, or $6.6 billion per month, from selling AI applications or access to the models that power such apps, according to The Information’s Generative AI Database. That’s up 112% from six months... Read more ›
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BlackRock has discussed investing $5 billion to $10 billion in SpaceX’s initial public offering next month, people familiar with the matter said. The massive order, for an offering that could raise as much as $75 billion, would represent a vote of confidence in Elon Musk’s company from the world’s largest asset manager. The investment would highlight the close relationship between Musk and BlackRock CEO Larry Fink, both of whom traveled... Read more ›
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OpenAI bought Weights.GG, a small startup that made an AI voice-cloning tool called Replay, in January, according to a person familiar with the acquisition. A half dozen employees joined OpenAI, which bought the startup’s intellectual property but does not plan to integrate the startup’s ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Why Trump officials and VCs love a nuclear power startup’s brute-force approach• Biotech: The case of the disappearing embryo startups • Plus, Recommendations—our weekly pop culture picks: “Are We Doomed?” “Steve Jobs in Exile” and “Lord of the Flies” The legal slugfest between Elon Musk and Sam Altman enraptured Silicon Valley this week. On Thursday, I attended another gladiatorial spectacle: MMA-style fights... Read more ›
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Two companies aiming to make better babies by tweaking the DNA of embryos were invited to talk about the future of the technology at SynBioBeta, a major gathering of the biotech world scheduled for earlier this month in San Jose, Calif. As the discussion’s moderator, I felt eager to hear more from them about their science and how they might commercialize it. The only problem: By the time the conference... Read more ›
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SpaceX plans to list on the Nasdaq stock exchange as soon as June 12, Reuters reported on Friday. That would represent a slightly accelerated schedule for the space and AI company’s IPO, which had previously been slated for later in June. SpaceX also plans to make its IPO prospectus public as ... Read more ›
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OpenAI is combining teams working on ChatGPT, its Codex coding product and its API into one organization, pressing ahead on its more streamlined strategy despite the prolonged medical leave of top executive Fidji Simo. OpenAI president Greg Brockman will lead the new product strategy, with ... Read more ›
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President Trump traded millions of dollars worth of technology stocks since the start of 2026, new disclosures released on Thursday show. In a report filed with the U.S. Office of Government Ethics, Trump revealed that he bought and sold shares of companies including Nvidia, Palantir and Oracle. ... Read more ›
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Bill Ackman’s Pershing Square has bought a stake in Microsoft, Ackman said in a post on X Friday, arguing that the company’s nearly 15% share slide so far this year has been driven by investors who “underestimate the resilience” of its Office 365 software and growth of its newer Copilot AI ... Read more ›
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14.06.2026 08:47
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