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Nick Wingfield @ The Information · 09/25/2025 18:17 EDT

Apple Presses the EU to Overturn Digital Markets Act

Apple has urged the European Union to repeal the Digital Markets Act, claiming it causes delays in new features and increases privacy and security risks for users on the continent. The company said the law has forced it to postpone features like iPhone mirroring to Mac and live translation with ... Read more ›

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Natasha Mascarenhas @ The Information 3 place · 09/25/2025 17:04 EDT

All-Male AI Boards; General Catalyst’s AI Head Count Savings

The topic of whether startup boards have enough women on them has been muted lately. Not only has President Donald Trump’s administration targeted diversity mandates, but federal courts have overturned related laws, such as those passed in California requiring a certain number of women and underrepresented minorities on public company boards. But Jennifer Siebel Newsom, the wife of California Gov. Gavin Newsom, a frequent Trump critic, wants to draw attention... Read more ›

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Catherine Perloff @ The Information · 09/25/2025 16:41 EDT

Google Considered Selling Part of Ad Tech Unit Last Year, Google Executive Says

Google considered selling part of its ad tech unit as recently as 2024, a Google executive testified in federal court in Virginia on Thursday, after considering the same idea in 2021. The company also considered putting part of its ad tech business into Google Cloud and selling its as a ... Read more ›

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Erin Woo @ The Information 2 place · 09/25/2025 16:32 EDT

Meta in Talks With Google to Use Gemini to Improve Ad Targeting

Meta Platforms staffers have had discussions with Google Cloud about the possibility of using Google’s artificial intelligence models to improve Meta’s ad business, according to people with knowledge of the conversations. The discussions are the latest sign of how Meta’s stumbles with its own AI have prompted it to consider using other companies’ technology, at least as an interim measure while its newly overhauled AI teams improve its models. Read more ›

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Rocket Drew @ The Information · 09/25/2025 16:30 EDT

DeepMind Releases New Robot AI Models

Google DeepMind released the latest version of its flagship language model designed for powering robots, touting the model’s ability to detect nearby objects, plan motions such as how to grab a mug and search the internet for information, such as local recycling laws. The unit of Alphabet’s ... Read more ›

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Sylvia Varnham O'Regan @ The Information · 09/25/2025 15:41 EDT

MGX Reportedly Involved in TikTok Deal Talks

MGX, the United Arab Emirates-backed investment fund, is in talks to join a consortium of non-Chinese investors that would buy control of  TikTok’s U.S. business under a deal being orchestrated by the Trump administration, according to Bloomberg. MGX, Oracle and Silver Lake could each ... Read more ›

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Sri Muppidi @ The Information · 09/25/2025 14:52 EDT

Databricks Inks $100 Milllion Deal to Host OpenAI Models

Cloud AI provider Databricks, through a new agreement with OpenAI, will be able to host models such as GPT-5 for its customers, in a move to address data security concerns for Fortune 500 companies. The partnership enables Databricks’ customers to run OpenAI’s models and design AI agents ... Read more ›

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Miles Kruppa @ The Information · 09/25/2025 13:57 EDT

OpenAI Signs Additional $6.5 Billion Contract With CoreWeave

OpenAI agreed to purchase up to $6.5 billion of cloud services from CoreWeave, pushing its contracted spending with the cloud provider to about $22.4 billion, the companies said Thursday. The expanded contract adds to OpenAI’s spending commitments as it tries to secure enough computing ... Read more ›

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Amir Efrati @ The Information · 09/25/2025 13:44 EDT

Snowflake Tries to End the AI Data-Access Wars

Snowflake is reversing an incendiary trend of software incumbents such as Salesforce and Atlassian walling off data in their applications from artificial intelligence startups that threaten them.On Tuesday, Snowflake said a consortium of more than a dozen other enterprise app and database providers—including, ironically, Salesforce—have committed to operating business intelligence and other analytics apps so that chatbots or other conversational AI can pull data from all of them at once.... Read more ›

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Theo Wayt @ The Information · 09/25/2025 12:21 EDT

U.S. Government Signs Deal to Use xAI’s Grok

The U.S. government said Thursday that it had signed a deal with Elon Musk’s xAI that will allow federal workers to use the Grok chatbot for a nominal fee. The government announced similar deals with OpenAI and Anthropic last month. “Thanks to President Trump and his administration, xAI’s ... Read more ›

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Ann Gehan @ The Information · 09/25/2025 12:15 EDT

Amazon Reaches $2.5 Billion Settlement In FTC Consumer Protection Lawsuit

Amazon will pay $2.5 billion to settle the Federal Trade Commission’s lawsuit over the e-commerce firm’s alleged use of deceptive practices to unknowingly lock consumers into its Prime membership, the FTC announced Thursday. Amazon will pay a $1 billion civil penalty and refund $1.5 billion to ... Read more ›

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The Information
Theo Wayt @ The Information · 09/25/2025 10:21 EDT

xAI Sues OpenAI For Allegedly Stealing Trade Secrets

Elon Musk’s xAI sued OpenAI for hiring away several employees who xAI alleges stole trade secrets. Staff that OpenAI poached from xAI include several engineers and an unnamed former senior finance executive. The lawsuit, filed late Wednesday, alleges that OpenAI poached eight xAI employees as ... Read more ›

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Stephanie Palazzolo @ The Information 2 place · 09/25/2025 10:00 EDT

More AI Startups Join the $100 Million ARR Club. But Will They Stay?

These days, it seems like each week another artificial intelligence startup announces it’s surpassed $100 million in annualized revenue, a milestone that historically meant a startup had achieved “product-market fit”—in other words, customers really want to pay for its products.In the last five months, our reporting shows that at least five “AI native” startups that sell apps to enterprises and software developers—ElevenLabs, EliseAI, Replit, Synthesia and Lovable—have joined the “$100... Read more ›

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Valida Pau @ The Information · 09/25/2025 09:00 EDT

The Investment Bankers Winning at the AI Deal Game

There’s nothing like an earth-changing new technology to get the tech industry’s dealmaking juices flowing. That’s been good news and bad news for bankers, who have pocketed fees but have been boxed out of some of the biggest deals. We’ve pulled together a list of the bankers who have led the way on artificial intelligence dealmaking. The winners include people from boutique firms such as Qatalyst Partners and Centerview Partners... Read more ›

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Martin Peers @ The Information · 09/24/2025 20:00 EDT

Apple’s Missing Savant

If you’ve ever wondered why Apple has never bought a TV giant like Warner Bros. Discovery, just look at the minidrama over its upcoming Apple TV+ thriller “The Savant.” Apple this week delayed release of the show, about a “top-secret undercover investigator known as the Savant, who infiltrates online hate groups to take down the most violent extremists,” prompting a rebuke on X today from its star, Jessica Chastain.Apple hasn’t... Read more ›

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The Information
Miles Kruppa @ The Information · 09/24/2025 18:14 EDT

Oracle Raises $18 Billion in Upsized Debt Offering

Oracle raised $18 billion in a debt offering that was upsized from an earlier $15 billion target due to strong demand, said a person familiar with the deal. The offering includes bonds maturing as far out as 40 years from now, a rarity in the debt markets. The largest portion maturing in 2035 ... Read more ›

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Valida Pau @ The Information · 09/24/2025 17:45 EDT

Intel Said to Seek Investment From Apple

Intel has approached Apple to seek an investment, Bloomberg reported, as part of the struggling chipmaker’s efforts to shore up its business. Shares of Intel rose more than 6% after the report, while Apple shares fell less than 1% Wednesday. Intel representatives declined to comment. Apple didn’ ... Read more ›

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Catherine Perloff @ The Information · 09/24/2025 16:28 EDT

Google Judge Raises Future of Open Web As She Weighs Ad Tech Divestiture

The judge overseeing an antitrust case over Google’s ad tech operations, Leonie Brinkema, signaled skepticism on Wednesday about whether Google should be forced to divest part of its ad tech business. Her comments came on the third day of a hearing considering how to overhaul Google’s ... Read more ›

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The Information
Jing Yang @ The Information · 09/24/2025 15:12 EDT

Alibaba Shares Surge after Slew of AI Related Announcements

Alibaba Group’s share price rose more than 9% on Wednesday, after the Chinese tech giant announced a slew of artificial intelligence related developments in a conference. The company released the 1 trillion-parameter Qwen3-Max, the latest addition to the Qwen suite of large-language models. It’s ... Read more ›

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The Information
Miles Kruppa @ The Information · 09/24/2025 14:28 EDT

Data Center Site Developer Fermi Targets $13 billion Valuation in IPO

Fermi America, a data center site developer founded by former Energy Secretary Rick Perry, is targeting a roughly $13 billion valuation in its initial public offering on the Nasdaq exchange. Founded this year by Perry and others, Fermi has no revenue. It is aiming to build and power the ... Read more ›

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