Welcome, Weekenders! In this newsletter:• The Big Read: The tech elite are using AI to supercharge their cancer battles • Artificial Intelligence: Should AI and Christianity mix? • Tech Culture: Amid AI backlash, billionaires demand new breed of bodyguard—plus, inside the star-studded Breakthrough Prize gala • Plus, Recommendations—our weekly pop culture picks: “Family Lore,” “The Long Run” and “Scream 7”Let’s get straight to one of the biggest happenings at Google... Read more ›
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Please join The Information at the New York Stock Exchange on Monday, April 27, for The Information’s “Financing the AI Revolution” 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 ›
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Anthropic’s 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 ›
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The early batch of ads running on OpenAI’s 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 ›
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Coder, a startup making software for developers to build and run code from local devices to the cloud, raised $90 million in a Series C funding round led by private equity firm KKR, the company said Wednesday. Qube Research and Technologies, a London-based quantitative investment firm, and ... Read more ›
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Iran on Tuesday threatened to attack the facilities of U.S. tech companies across the Middle East in what it called retaliatory strikes for the U.S.’s efforts to kill Iranian leadership. In a statement Tuesday, Iran’s government-owned Tasmin News Agency said that its military would start strikes ... Read more ›
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Happy days are here again! Stocks have rallied, thanks to upbeat headlines concerning the Iran war. Don’t get too comfortable—things are likely to change quickly. In fact, the Iranians are threatening to attack U.S. tech facilities in the Middle East. Meanwhile, we got news today on a variety of fronts concerning Microsoft, Nvidia and Anthropic (see below for more details). Among other things, OpenAI finalized its big funding round, announcing... Read more ›
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Sequoia Capital on Tuesday named Doug Leone, an investor who has been at the firm since 1988, as chairman. After stepping back from making new investments in 2022, Leone will once again participate in new deals, the firm said. A person familiar with Leone’s thinking said that he has more time to ... Read more ›
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Sequoia Capital on Tuesday named Doug Leone, an investor who has been at the firm since 1988, as chairman. After stepping back from making new investments in 2022, Leone will once again participate in new deals, the firm said. Read more ›
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As rogue AI agents cause security problems and product outages even at sophisticated companies such as Meta and Amazon, major firms such as ServiceNow as well as startups are developing new AI to monitor and stop them.The new AI, also known as guardian AI agents, comes in the form of a cloud application and can be laborious to set up. To use a guardian AI app, customers need to connect... Read more ›
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Three executives were at a health and fitness industry conference last March, but it was in Las Vegas, so they were drinking old-fashioneds when they hatched a cross-border deal to create a fitness company worth $7.5 billion that spanned subscription and scheduling apps, plus equipment.The three whiskey drinkers were Fritz Lanman, CEO of Playlist, the company behind fitness subscription apps ClassPass and Mindbody; Philipp Roesch-Schlanderer of Munich-based Egym, which makes... Read more ›
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Nvidia said it has invested $2 billion in chip maker Marvell as part of a “strategic partnership” in which Marvell will supply chips that work with Nvidia technology. The investment is the latest in a series Nvidia has made lately—typically at around $2 billion—with companies that work with the ... Read more ›
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OpenAI has secured commitments for its latest funding round totaling $122 billion at a valuation of $830 billion before the financing, the company announced on Tuesday. The total is about $22 billion over its initial target of $100 billion, which The Information first reported. SoftBank and ... Read more ›
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Bobby Hollis, a Microsoft vice president in charge of procuring energy for its data centers, has left the company for a new opportunity, he said Tuesday in a LinkedIn post. Hollis joined Microsoft three years ago, coinciding with the start of an artificial intelligence boom requiring the company ... Read more ›
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Oracle is laying off thousands of employees, CNBC reported. The move comes as the company’s substantial spending on AI data centers has eaten into its cash reserves, prompting it to issue tens of billions of dollars in debt. The company began the cuts on Tuesday in emails to employees citing “a ... Read more ›
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Anthropic mistakenly leaked some of the source code underlying its Claude Code application, the company said on Tuesday. The leak revealed new details about how the popular AI coding tool works and potential unreleased models and features. Developers noticed early Tuesday morning that Anthropic ... Read more ›
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Activist investor Irenic Capital Management called on Snap CEO Evan Spiegle to make “meaningful changes” in how the company is run, in hopes of lifting its faltering stock price from its current price of below $4. Irenic estimated Snap stock could be worth above $26 a share. Irenic, whose ... Read more ›
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It’s not just software stocks that have been hammered by investor anxieties about the threat AI poses to software. Prices that investors are willing to pay for syndicated bank debt to software firms dropped nearly 7% in March from the previous year, according to Pitchbook, while prices for similar loans in other sectors fell fractionally. That big price drop is a sign that investor demand for debt from riskier software... Read more ›
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Chinese AI model developer Zhipu said its revenue last year more than doubled to 724 million yuan ($105 million), while its net loss widened sharply due to growing research and development expenses. The earnings report was Ziphu’s first since it went public in Hong Kong in January under the ... Read more ›
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Ailing shoemaker Allbirds agreed to sell itself for just $39 million, an ignominous end to the once-trendy venture-backed shoe firm that went public in 2021 with a valuation as high as $4 billion. Allbirds has been suffering declining sales for several years. On Tuesday it reported its full-year ... Read more ›
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Despite OpenAI’s decision to shutter Sora, other AI video developers aren’t giving up. Instead, they’re finding interesting new ways to make money from their video-generating models.Take LTX—a spinoff from Lightricks, the company behind the popular image editing app Facetune—which in January launched open-source AI software for video generation and editing that can run on a single laptop.People often use “open-source” and “free” interchangeably, but it’s not unheard of for developers... Read more ›
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28.04.2026 10:31
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