U.K.-based cloud provider Nscale, whose announced customers include OpenAI and Microsoft, is in negotiations to acquire a massive AI data center site in West Virginia, The Information reported. Amazon, Meta and a cloud ally of Google have also expressed interest in the site. The site is ... Read more âș
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Amazon is gearing up to test humanoid robots that walk on two legs to deliver packages, The Information reported Wednesday. The company has set up an indoor obstacle course to test robots from a variety of companies, including Unitree, a Chinese robot producer. Eventually, humanoid robots could ... Read more âș
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Amazon is developing software for humanoid robots that could eventually take the jobs of delivery workers, according to a person who has been involved in the effort. In doing so, Amazon is paving the way to automate a major part of its operation, the delivery of parcels around the world. Read more âș
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One of the longest running stories in crypto, Circle Internet Groupâs effort to go public, is finally wrapping up. After four years of trying, the stablecoin firm priced its initial public offering tonight at $31 per share, above its preliminary range of between $27 and $28, and valuing the company at $6.9 billion based on outstanding shares. Circle shares start trading on Thursday. Itâs the first big crypto company to... Read more âș
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Palo Alto Networksâ chief executive officer Nikesh Arora has joined Uberâs board of directors, the ride hailing company said in a securities filing. Arora previously was president of SoftBank and also worked at Google as chief business officer. Uber disclosed earlier this week that ... Read more âș
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A federal appeals court denied Appleâs request for a stay of a court order that forced it to allow external payments inside apps for Apple devices like the iPhone. The company sought the stay as it appealed an April order that required it to comply with a 2021 court decision that it had violated ... Read more âș
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Circle Internet Group, the stablecoin issuer, said it would raise $1.1 billion in an upsized initial public offering, giving it a market value of $6.9 billion based on outstanding shares. Investors showed strong interest in the first major crypto IPO since Coinbase went public in 2021. The ... Read more âș
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OMG! What a day we had in Hollywood on Tuesday at The Informationâs Future of Influence event. I loved meeting new readers, seeing familiar faces and hearing from our fabulous lineup of speakers including creators Adam W and Victoria Garrick Browne and executives from Meta Platforms, YouTube, Spotify and Substack. A big thank you to everyone who traveled from near and far (including Brazil and Germany!) to spend the afternoon... Read more âș
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You.com, an artificial-intelligence search startup making a push into business software, is in talks with media conglomerate Cox Enterprises to raise funds valuing the company at $1.4 billion, said people familiar with the discussions. The funding would support You.comâs push into selling AI search tools to businesses, after the companyâs consumer product fell behind competitors like Perplexity. Startups are beginning to make inroads offering AI services to companies looking to... Read more âș
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Reddit is suing Anthropic in a California court for what it alleges is unlawful scraping of its content. The forum-based social network has become a useful source of training data for large language models because it offers a repository of real human conversations. While Reddit has entered into ... Read more âș
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XAI co-founder Christian Szegedy has joined Morph, a startup whose software aims to improve the quality of computer code generated by artificial intelligence, as its chief scientist, a person with knowledge of the hire said. Szegedy appears to be the first of xAIâs 12 co-founders to leave the ... Read more âș
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Economic uncertainty related to the Trump administrationâs tariff programs has made advertisers more cautious about spending this year. But that caution could be an opportunity for influencers, who can often charge less and move faster than traditional ad agencies, said speakers at The Informationâs Future of Influence conference on Tuesday. âI think 2025, we always knew it would be a harder year. I think every industry has felt it,â said... Read more âș
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SpaceX is set to make about $15.5 billion this year, CEO Elon Musk said on his social media platform X, with only about $1.1 billion of the private rocket companyâs revenue coming from NASA. Next year, he said SpaceXâs commercial revenue will likely exceed NASAâs budget, which President Donald ... Read more âș
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Microsoft is reorganizing its top ranks of executives overseeing applications like Office 365 and Dynamics as the company prioritizes sales of AI agents, CEO Satya Nadella told staff on Wednesday. The move is a sign that Microsoft is throwing its weight behind AI products that can automate white ... Read more âș
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Among privately held firms, thereâs no beating OpenAI when it comes to generating revenue from selling artificial intelligence. But startups selling the digital picks and shovels of the AI gold rush, including to OpenAI and other AI developers, are doing OK too. The latest example is Vercel, a cloud service companies use to develop artificial intelligence and commerce applications and websites. The San Francisco-based firm, which also offers website hosting,... Read more âș
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In March, at a Microsoft all-hands meeting, one of the companyâs newest executives, Jay Parikh, laid out a rough vision for Microsoftâs path forward in artificial intelligence. AI models made by OpenAI and others were quickly becoming commoditized by more efficient models from DeepSeek and Microsoftâs own research arm that performed nearly as well for a fraction of the cost, Parikh said, sitting alongside chief executive officer Satya Nadella and... Read more âș
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Snap CEO Evan Spiegel defended his companyâs ability to stay independent despite competition from deep-pocketed rivals like Meta Platforms, predicting that the Snapchat parent was on âthe cusp of a real transformation in the way that people think about and use computers.â That transformation, Spiegel said, will involve his companyâs augmented reality glasses, Spectacles. He said that he expected consumers to widely adopt AR glasses by the end of the... Read more âș
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One of venture capitalâs big misses has to be AppLovin, an ad-tech firm specializing in selling ad space in gaming apps. Its shares have soared more than 900% since the beginning of last year, giving AppLovin a market capitalization today of $135 billion. That makes it just a bit smaller than Spotify, Shopify and Arm Holdingsâand bigger than companies such as Comcast, Intel and DoorDash. And yet according to AppLovin... Read more âș
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Appleâs court-ordered relaxation of controls on its App Store has been âa big win for independent media,â according to Substackâs co-founder and CEO Chris Best. But thatâs one of the few positives in the media landscape, where Googleâs use of AI-powered search results is hurting publishersâ traffic while advertisers are increasingly shifting their ad spending to social, streaming video and retail platforms. Vox Media CEO Jim Bankoff said Vox, owner... Read more âș
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The most dangerous game in artificial intelligence investing right now is CoreWeave. Retail traders have helped bid up its stock price by 277% since its lackluster initial public offering, powering its market valuation from $23 billion to a remarkable $72 billion in two months. âItâs the most incredible thing Iâve ever seen,â one hedge fund manager told me. âItâs coming to an end. I just donât know when.â Read more âș
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Deel has accused Rippling of directing an employee to set up fake entities to pose as a Deel customer and scour the rival payroll startupâs systems for contracts, policies and pricing information, the latest twist in a long running battle between the two HR software firms. The accusations form ... Read more âș
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18.03.2026 17:23
Last update: 17:11 EDT.
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